Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, quick and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and rapid way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will display you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a fine way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and quick it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, swift and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also swift, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another fine way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you demonstrate the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a superb way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a quick way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to stir the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll showcase you how effortless and prompt it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and swift way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also quick, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a excellent way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and prompt it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and swift way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also swift, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another superb way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a superb way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a rapid way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll showcase you how effortless and quick it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a good way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll showcase you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, quick and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and prompt way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also prompt, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will showcase up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another superb way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a excellent way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a rapid way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and quicker. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and swift it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, quick and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a superb way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a quick way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to stir the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our utter guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another superb way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a superb way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a rapid way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and quicker. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, swift and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and rapid way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Linking your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also prompt, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you demonstrate the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a excellent way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our utter guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, prompt and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and rapid way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Linking your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also prompt, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you demonstrate the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a excellent way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a rapid way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to stir the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and swift it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, swift and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also swift, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a fine way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, quick and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and swift way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will display you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a fine way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a rapid way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and swift it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, prompt and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Firmer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and rapid way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will display you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will showcase up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a excellent way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a quick way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to stir the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our utter guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, quick and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and swift way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also prompt, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will demonstrate up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a good way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a swift way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and quick it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our utter guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any private details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, swift and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and rapid way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Three

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also prompt, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a fine way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a quick way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your individual information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and prompt it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Tighter to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and prompt way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Affixing your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no private information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and individual information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will display you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will showcase up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll demonstrate you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a good way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is accomplish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and quicker. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to stir the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and quick it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive individual details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your private information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a vapid 1% fee on each purchase.

  • Can be private, swift and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Fastening your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy petite amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also quick, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We truly recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will display you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another excellent way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click inject.

Three. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll display you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you display the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you inject the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you inject your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a good way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and quicker. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll demonstrate you how effortless and rapid it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our utter guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no private information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be finished at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and prompt way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Linking your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should response all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also quick, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have thresholds and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your individual info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will showcase you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Come in the amount you want to spend. You can come in in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Inject the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you come in into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a good way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any individual details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch sides the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a swift way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and swifter. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Five Ways to Buy Bitcoin with Cash or Deposit (Any Country)

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Fortunately, today I’ll display you how effortless and prompt it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a duo of hours.

Buying bitcoins with cash is also private.

Many of the exchanges below do not require you to verify your identity or provide sensitive private details.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply attempting to steal your individual information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter Two

Cash Bitcoin Exchanges

LocalBitcoins

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our total guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any individual details or verification, albeit specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a plane 1% fee on each purchase.

  • Can be private, rapid and effortless
  • In-person trades require no individual information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always go after the rules!
  • Stiffer to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

BitQuick

BitQuick connects you with sellers who want cash for their bitcoins.

BitQuick is only available in the United States and works like this:

  • Find a seller. Once you find a seller you agree on a price for the bitcoins.
  • Make cash deposit. Go to the seller’s bank and make a cash deposit into the seller’s account.
  • Upload receipt. Upload your receipt to the seller to prove you made the deposit.
  • Receive bitcoins! The seller will release bitcoins to you.

This process can be ended at a massive number of banks across the United States.

Bitcoin purchases made with cash deposit are usually delivered within two hours, and in many cases in under an hour!

  • One of the fastest ways to buy bitcoins
  • More physically secure than other cash payment methods as one pays the money to a bank teller
  • 2% fees for buyers are somewhat high for cash trading
  • Prices vary and can be much higher (or even lower) than the current Bitcoin price

Wall of Coins

Wall of Coins is a peer-to-peer Bitcoin exchange that offers a number of payment methods.

Cash deposit, however, is the exchange’s most common payment method.

There are over 100,000 deposit locations available across the United States.

Wall of Coins also supports Canada, the United Kingdom, Germany, Poland, Argentina, Latvia, Poland, and the Philippines.

After a cash deposit is made you’ll usually receive your bitcoins within fifteen minutes.

  • Effortless way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
  • Presently limited to twelve countries
  • Hard to find sellers suggesting high volume

LibertyX Buy Bitcoin

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your very first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Effortless and quick way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Linking your Facebook account further degrades privacy

Bitcoin ATMs Buy Bitcoin

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, albeit most don’t.

  • Our map makes it super effortless to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Bitit Buy Bitcoin Read Review

Bitit is slightly different than the other options on this page. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. The fees are about 8% for buying with Neosurf or Flexepin.

  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse’s 10%
  • Available in fifty countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin bounty cards also available; more expensive than other options
  • In-person buying methods suggest more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit

Buy Bitcoin with Cash Exchange Comparison

Chapter Trio

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should reaction all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s effortless to buy puny amounts of bitcoin with cash.

It’s also private, since no individual information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also rapid, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have boundaries and some require verification if more than a certain amount is purchased.

Pro Peak

Do you want to buy larger amounts of bitcoins? Attempt buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and private information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky providing up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are permanently under attack, they have some of the best security and protections in place to protect against the hacking of your private info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on one billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We indeed recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins?

Out of the exchanges we listed, LocalBitcoins, Wall of Coins, and BitQuick all permit you to sell bitcoins for cash.

Chapter Four

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will demonstrate you how to make your very first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click “Quick Buy”

Inject the amount you want to spend. You can inject in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will display up very first.

Once you picked a bank you will be required to pack in some details. This includes your email, phone number, and Bitcoin address. You can also switch the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press “SEND VERIFICATION”. This will send a PIN code to your phone that you need to confirm.

Once you put in your details press “PLACE HOLD”. This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within three hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another good way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be fortunate enough to have a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

Two. Search by Location

In the search box in the top left, type in the name of your country or city and click come in.

Trio. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

Four. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it effortless to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Some ATMs may require verification, like a picture of an ID or a finger print scan (albeit most don’t).

Buy Bitcoins with Cash at Wall of Coins

Wall of Coins is a peer-to-peer cash exchange, presently available in the United States, Canada, Germany, Argentina, Latvia, Poland, and the Philippines.

LibertyX Review

Now that you know a bit about LibertyX we’ll showcase you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Come in the amount of bitcoins you want to buy and then press “NEXT”. You should now see a screen with some options. If you want to find a store near you to buy then click “Find Store”. Now you’ll see a zoomed out map.

Put in your location or permit the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap “SELECT THIS LOCATION”:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you showcase the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you inject into the LibertyX app. Once you come in the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you come in your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter Five

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins, Wall of Coins, and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a superb way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins or Wall of Coins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or Wall of Coins) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is finish!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks bounty card from Christmas a few years ago for bitcoins 😉

Why Are Peer-to-Peer Exchanges Good?

  • No verification is required. You don’t need to submit any private details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to switch roles the transaction. So the seller can feel certain that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges suggest a prompt way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and quicker. The markup is usually somewhere around 5-10% on LocalBitcoins. Wall of Coins generally has rates close to market.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you determine to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, attempt to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Go after the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to budge the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your private information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

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