As you probably know, there is more than one way how you can buy Bitcoin these days, but in the incoming text you will see the advantages why it is better to purchase your Bitcoin with the cash. First advantage is privacy. Cash purchases are private, Bitcoin exchange is requiring personal information to verify your identity. The second advantage is speed. If you are buying Bitcoin for the first time you don\'t need to wait 1 to 3 business days for deposit and 1 to 3 weeks for verification.
4 Methods for buying Bitcoin with CashCash purchases in person
Traditional face to face trade. Finding the owner who want to sell the Bitcoin and that is pretty much it. Set up meeting with the seller, get the cash ready and don\'t forget to bring laptop or mobile device with installed Bitcoin wallet. There is service called escrow and it is our recommendation to trade with it. Don\'t give money to the seller until escrow verify the transaction.Buying Bitcoin with cash from a Bitcoin ATM (BTM)
If you can\'t set up meeting with the seller due to tight schedule or some other reason, Bitcoin ATMs are the answer for you. These ATMs are available 24/7. Using the CoinATMRadar will help you find a nearby BTM, and when you find it, this application will show you exactly location, fees, limits and ID requirements if they are needed.Cash Deposits at a Bank
Seller of the cryptocurrency will give you a detail of the bank. You go to the bank, and fill in a deposit form and make a cash deposit to the seller\'s account. It is pretty reliable method, more secure than meeting with a stranger.Cash in the Mail (not recommended)
LocalBitcoin and Paxful offer services for finding sellers who accept cash through the mail. It is not recommended because you never know with who you are trading and choosing a reliable seller is pretty though job.