Hello, so I am assuming you are looking for a trustworthy way to buy some bitcoin in person with your cash, after all bitcoin is popular and you are still looking for the option to buy in. While many might prefer to handle their business online there are others who seek another opportunity . Well the good news for you is that there is another opportunity. It is to buy bitcoin with cash. This process can be done 2 ways.
The first way
Purchase bitcoins from someone in person. This way is the option that requires the most effort because you would have to arrange plans to meet up with an actual person.
Meeting in person to buy bitcoin means that you make arrangements with someone looking to sell their share of bitcoin for a price they are comfortable with.
*THEY have the product (your bitcoin) YOU have the money (fiat currency), and you basically make a trade, just like trading online from an exchange. *
Of course you want to make sure you and the seller are on the same page because the chances of being scammed in person are the same as online, just be cautious of what you are agreeing to and be careful when making trades by using third party services.
I know what it sounds like, but it is important that you have the most secure transaction.
Recommended service for in person transaction for bitcoin: localbitcoins
Step 1: Visit localbitcoins
Step 2: If not there already go to buy bitcoins section
Step 3: Fill in preferences
Step 4: Choose a buyer to perform trade
Step 5: Read the offer description and guidelines, check for positive feedback from seller
Step 6: Sign up or login to complete the trade
Disclaimer: Buying bitcoin online can be extremely risky, with third party websites like localbitcoins you can make trades securely in person.
The second way
Purchase bitcoins from an atm. Sounds crazy right? At least to someone who is new to buying bitcoins, but yes it is possible.
To do so all you will need to do is follow the instructions below.
Bitcoin atm's are a lot like real atms but their are a limited amount.
So please don't be discouraged if you cannot find one in your immediate area.
Their are other solutions for finding a bitcoin atm.
However I assure you that this way is the best for purchasing bitcoins in person.
Step 1: Visit local coins atm
Step 2: Find local atm locator and click on it
Step 3: Find an atm nearby
Step 4: Find the atm you searched for on localbitcoinatm and use cash to purchase a specific amount of bitcoin.
Disclaimer: Bitcoin atms work a lot like real atms accept they will only allow you to deposit with the supported currencies. For example bitcoin bought will probably be in a qr code.
Nice article! Buying Bitcoins in person is an interesting idea. I’ve heard about people auctioning off Bitcoins in person, and this happened much more commonly before there was high trading volume in exchanges.
I would love to use a Bitcoin ATM, but sadly there are none near where I live. Looking at the map on localcoin, there seem to be very few of them.
I’m definitely upvoting and following you!
@shredz7
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thank you! oh that is too bad, my area has a lot, but buying in person is just another way of buying. I feel people forget about it so I had to share and remind them
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by jokeskay from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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