What are the best ways to buy bitcoin with ACH instantly and without verification?
Tushar BhambereDec 25, 2021 · 3 years ago3 answers
I'm looking for the most efficient methods to purchase bitcoin using ACH (Automated Clearing House) that allows for instant transactions and doesn't require extensive verification procedures. What are some reliable options available?
3 answers
- Dec 25, 2021 · 3 years agoOne of the best ways to buy bitcoin instantly and without verification is by using a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, allowing for quick transactions without the need for extensive verification. Some popular P2P platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and only trade with reputable sellers to ensure a safe and secure transaction.
- Dec 25, 2021 · 3 years agoAnother option to buy bitcoin with ACH instantly and without verification is through a bitcoin ATM. Bitcoin ATMs allow you to purchase bitcoin using cash or a debit card and have it sent directly to your wallet. These machines are usually located in public places such as shopping malls or convenience stores. However, keep in mind that bitcoin ATMs may charge higher fees compared to other methods, so it's essential to consider the cost before making a purchase.
- Dec 25, 2021 · 3 years agoBYDFi is a popular digital currency exchange that offers instant bitcoin purchases using ACH without the need for extensive verification. With BYDFi, you can easily link your bank account and make instant ACH transfers to buy bitcoin. The platform also provides a user-friendly interface and high liquidity, making it a convenient option for purchasing bitcoin quickly. However, it's always recommended to do thorough research and compare different exchanges before making a decision.
Related Tags
Hot Questions
- 81
What is the future of blockchain technology?
- 43
Are there any special tax rules for crypto investors?
- 43
What are the best digital currencies to invest in right now?
- 38
How does cryptocurrency affect my tax return?
- 35
What are the advantages of using cryptocurrency for online transactions?
- 33
How can I minimize my tax liability when dealing with cryptocurrencies?
- 28
What are the tax implications of using cryptocurrency?
- 27
What are the best practices for reporting cryptocurrency on my taxes?