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How do I buy cryptocurrencies easily and securely with cash?



 There are now numerous platforms on which you can buy cryptocurrencies quickly and easily. There are numerous payment options available to you, such as credit card, bank transfer or PayPal. However, how can you buy cryptocurrencies with cash alone? 

Reasons to buy cryptocurrencies with cash

A person can have various reasons for purchasing cryptocurrencies with cash. Many people do not trust certain brokers and exchanges during the buying process. Other people are keen to remain anonymous. Other people have received gifts of money and would like to invest them directly in cryptocurrencies. We present opportunities for these people to purchase cryptocurrencies with cash.


Buy cryptocurrencies with cash – how does it work?

There are basically the following ways to buy cryptocurrencies with cash:


Bitcoin vending machine

Paysafecard

Buy from a friend/acquaintance

Bitcoin vending machine

Bitcoin ATMs are physical machines that allow you to use cash to buy cryptocurrencies. You deposit cash into these machines and they transfer cryptocurrencies to your wallet in return for the current exchange rate. 


Follow these steps:


1. Find Bitcoin ATM

With websites like Coin ATM Radar, you can easily find a Bitcoin ATM near you. There are a total of 1,200 Bitcoin ATMs worldwide.


2. Completely set up the wallet

Before you visit the machine, don't forget to set up your Bitcoin wallet completely and then have the address to hand when paying.


3. Deposit money at the Bitcoin ATM

Go to the ATM and select the Deposit option! Follow the instructions of the specific machine and pay the cash to purchase cryptocurrencies. The cryptos will be credited to your wallet.


Paysafecard

The Payasafecard is a simple and secure solution to convert your cash into cryptocurrencies. You can get a Paysafecard at almost every supermarket checkout or kiosk. 


If you pay cash, you will receive a 16-digit Paysafecard code. With this code you then go to a broker or a crypto exchange that offers this payment method and enter the code there. The equivalent value will be credited to the provider's account. In principle, you can use this to purchase Bitcoin or other cryptocurrencies for cash.


Last but not least, you can also give cash to a private person and this person will transfer you bitcoins or other cryptocurrencies from their wallet to your wallet. This person should be very trustworthy for you to consider taking this step. Trust only good friends or acquaintances!


Alternatives to buying cryptocurrencies with cash

You can now buy cryptocurrencies extremely safely and reliably with numerous payment methods on numerous brokers and crypto exchanges. 

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