How to Buy Bitcoin with Cash?. Buying Bitcoin can be a simple process… | by David Matthews | The Capital | Feb, 2021

 

Buying Bitcoin can be a simple process should you follow guides and instructions online. For those who are interested in buying Bitcoin with cash only, here are the best ways to do that.

Bitcoin does not exist as a physical asset, but cash does. There are currently a few bridges between the electronic world of cryptocurrencies and the physical world of cash. Please keep in mind that the marketplace for Bitcoin and cryptocurrencies is changing rapidly and that additional options may be available in the future.

There is an important distinction to be made before describing the ways of buying Bitcoin for cash, and that is between physical cash and bank deposits. Physical cash is cash held in your hand. Bank deposits are often treated as cash since they can be withdrawn easily or accessed electronically. The options described here are for individuals using physical cash, not bank deposits

Individuals can have a variety of reasons for choosing to buy Bitcoin with cash, including the desire…


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