How can I purchase Bitcoin without going through a broker?

3 answers

• Jan 15, 2022 · 3 years ago
  One way to purchase Bitcoin without going through a broker is by using a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, allowing you to buy Bitcoin from other individuals. Some popular P2P platforms include LocalBitcoins and Paxful. You can create an account on these platforms, find a seller who is willing to sell Bitcoin, and complete the transaction directly with them. It's important to exercise caution and do your due diligence when using P2P platforms to ensure the safety of your funds.
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• Jan 15, 2022 · 3 years ago
  Another option to purchase Bitcoin without a broker is by using a Bitcoin ATM. Bitcoin ATMs are machines that allow you to buy Bitcoin using cash or debit/credit cards. You can find Bitcoin ATMs in various locations, such as shopping malls or convenience stores. Simply follow the instructions on the ATM to complete your purchase. Keep in mind that Bitcoin ATMs may charge higher fees compared to other methods of buying Bitcoin.
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• Jan 15, 2022 · 3 years ago
  If you're looking for a more convenient and user-friendly option, you can consider using a cryptocurrency exchange like BYDFi. BYDFi allows you to buy Bitcoin directly from the exchange without the need for a broker. Simply create an account, deposit funds, and place a buy order for Bitcoin. BYDFi offers a secure and regulated platform for buying and selling cryptocurrencies. Make sure to do your research and choose a reputable exchange that suits your needs.
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