Different Ways to Purchase Bitcoin

in #bitcoin7 years ago (edited)

Most recently, I have grown fed-up of centralised exchanges like Coinbase. Their services are too slow, too expensive and too bureaucratic; people often wait weeks to be verified as a customer.

In response to this feeling, I thought I'd share with you a few other different ways to buy and sell Bitcoin

  1. Bitcoin ATM - A bitcoin ATM is a machine that accepts cash and sends BTC to your mobile wallet. You can also sell your BTC from a BTC ATM. Here's a link that shows every BTC ATM across the world: https://coinatmradar.com

  2. Buy from a friend - In order to avoid the time consuming efforts needed to buy BTC through a traditional exchange like Coinbase, purchase your coins from someone who already has some. If you don't know anyone who wants to sell BTC then try using: https://www.meetup.com to link up with people who hold BTC

  3. Use a p2p marketplace - p2p marketplaces such as localbitcoins are a great way to connect a person wanting to sell Bitcoin and one wanting to buy it. The benefits of this is that it can be dealt with in cash: https://localbitcoins.com

We hope this helps you on your journey to acquiring your first Bitcoin!

btc atm.png

Sort:  

Congratulations @crypto101blog! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!