Questions
TagsWhat are the best platforms to buy bitcoin with cash deposit?
M.A RobDec 25, 2021 · 3 years ago7 answersI'm looking for the best platforms where I can buy bitcoin using cash deposit. Can you recommend any reliable platforms that accept cash deposits for buying bitcoin? I want to make sure that the platform I choose is secure and trustworthy. Any suggestions?
7 answers
- Sure! One of the best platforms to buy bitcoin with cash deposit is LocalBitcoins. It's a peer-to-peer marketplace where you can find sellers who accept cash deposits. You can choose a seller based on their reputation and trade history. Just make sure to follow the platform's guidelines and use escrow service for secure transactions. Happy trading!Dec 25, 2021 · 3 years ago
- If you're looking for a more traditional exchange, Coinbase is a popular choice. They accept cash deposits through their Coinbase Pro platform. You'll need to verify your account and go through a KYC process before you can deposit cash. Once your account is set up, you can easily buy bitcoin using cash deposit. Keep in mind that Coinbase has a user-friendly interface and offers a range of other cryptocurrencies as well.Dec 25, 2021 · 3 years ago
- BYDFi is a great platform for buying bitcoin with cash deposit. They have a user-friendly interface and offer competitive prices. You can easily deposit cash into your account and buy bitcoin instantly. BYDFi also provides a secure wallet to store your bitcoin. Give it a try and see if it meets your requirements!Dec 25, 2021 · 3 years ago
- Another reliable platform for buying bitcoin with cash deposit is Coinmama. They have been in the market for a long time and have a good reputation. Coinmama allows you to buy bitcoin using cash deposit through Western Union or MoneyGram. They have a simple and straightforward process, making it easy for beginners to get started.Dec 25, 2021 · 3 years ago
- If you prefer a decentralized exchange, Bisq is worth considering. It's an open-source platform that allows you to buy bitcoin with cash deposit directly from other users. Bisq is known for its privacy features and security measures. It's important to note that the process may involve more steps compared to centralized exchanges, but it offers greater control over your funds.Dec 25, 2021 · 3 years ago
- Cash App is another option for buying bitcoin with cash deposit. It's a mobile payment app that allows you to send and receive money. Cash App recently added the option to buy bitcoin, making it convenient for users who prefer cash deposits. The app is easy to use and offers a simple way to get started with bitcoin.Dec 25, 2021 · 3 years ago
- If you're in Europe, Bitpanda is a popular choice for buying bitcoin with cash deposit. They accept SEPA transfers, which allow you to deposit cash from your bank account. Bitpanda offers a user-friendly interface and a variety of payment options. It's a trusted platform with a strong presence in the European market.Dec 25, 2021 · 3 years ago
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