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How can I buy cryptocurrency with cash without a debit card?

avatarNoman ChughtaiDec 25, 2021 · 3 years ago3 answers

I want to buy cryptocurrency using cash, but I don't have a debit card. How can I do that?

How can I buy cryptocurrency with cash without a debit card?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure thing! Buying cryptocurrency with cash is possible even without a debit card. One option is to use a peer-to-peer marketplace like LocalBitcoins or Paxful. These platforms connect you with sellers who accept cash payments. You can meet them in person and exchange cash for cryptocurrency. Just make sure to choose reputable sellers with good ratings to ensure a safe transaction. Another option is to use a Bitcoin ATM. These machines allow you to deposit cash and receive cryptocurrency directly into your wallet. Simply find a Bitcoin ATM near you, follow the instructions, and voila! You've got yourself some crypto!
  • avatarDec 25, 2021 · 3 years ago
    No debit card? No problem! You can still get your hands on cryptocurrency using cash. One way is to find a friend or acquaintance who already owns cryptocurrency and is willing to sell it to you for cash. Just make sure to agree on a fair price and use a trusted escrow service for the transaction. Another option is to attend local cryptocurrency meetups or events. These gatherings often have sellers who accept cash payments. It's a great way to meet fellow crypto enthusiasts and make a purchase at the same time. Remember to do your due diligence and research the sellers before making any transactions.
  • avatarDec 25, 2021 · 3 years ago
    Well, if you're looking to buy cryptocurrency with cash and without a debit card, you're in luck! BYDFi, a popular cryptocurrency exchange, offers a cash payment option for purchasing crypto. All you need to do is sign up for an account, go through the verification process, and select the cash payment method. You'll be provided with instructions on how to complete the transaction. It's a convenient and secure way to buy cryptocurrency without the need for a debit card. Give it a try and start your crypto journey today!