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Author Topic: Pay cash only for Bitcoins?  (Read 675 times)
staggerpines (OP)
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February 23, 2017, 01:05:36 PM
 #1

Hi again,

Are there only two ways to buy bitcoins with cash only?

1. Use a ATM in London. (I say London as I am in London).
2. Register with localbitcoins.com and find a seller who accepts cash and meet up?

Many thanks.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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OmegaStarScream
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February 23, 2017, 01:37:43 PM
 #2

I suppose you could also use Western Union for that matter and I'm not sure If that's something legal to do or not but you could also mail the money (probably not worldwide but locally).

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staggerpines (OP)
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February 23, 2017, 02:05:09 PM
Last edit: February 23, 2017, 02:30:32 PM by staggerpines
 #3

Not comfortable with either of those.

I think if those buying at a ATM or meet in person are the way, I'm happy. I didnt know if I was missing any other obvious ways.
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February 23, 2017, 03:04:20 PM
 #4

Hi again,

Are there only two ways to buy bitcoins with cash only?

1. Use a ATM in London. (I say London as I am in London).
2. Register with localbitcoins.com and find a seller who accepts cash and meet up?

Many thanks.
Well if you really want to exchange your cash into bitcoin try to find in exchange currency there are lot people who uses and preferred for meet ups like this and some of them are legit on localbitcoins. Make sure that you are not dealing with scammers.
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February 24, 2017, 09:13:53 PM
 #5

If you are looking for the major lovel of anonymity, localbitcoins is the only way. You should consider that the vast majority of ATMs apply KYC procedures to register every transaction, so even if you pay cash for your bitcoins they may ask you your ID or other identifications documents. If you stay safe and choose public places I consider localbitcoins the safest way to aquire btc

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February 24, 2017, 09:45:29 PM
 #6

If you find a store owner while you purchase a product with Bitcoin then you could also ask for change back via BTC.

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February 25, 2017, 09:13:49 PM
 #7

Hi again,

Are there only two ways to buy bitcoins with cash only?

1. Use a ATM in London. (I say London as I am in London).
2. Register with localbitcoins.com and find a seller who accepts cash and meet up?

Many thanks.

I say go with the second option. Find a seller who accepts cash and meet up and buy from him. 2 conditions must be met here, 1 is that the seller to have a lot of successful transactions and 100% positive feedback and 2 choose a place where there are a lot of persons like a coffee in a big mall like Tesco you have in England.

Since you are asking this method I guess you don't care much about anonymity and there should be no worries if the seller has a really high reputation.
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February 25, 2017, 11:47:18 PM
 #8

Hi again,

Are there only two ways to buy bitcoins with cash only?

1. Use a ATM in London. (I say London as I am in London).
2. Register with localbitcoins.com and find a seller who accepts cash and meet up?

Many thanks.
Hi there if you had based country bitcoin wallet your can deposit your money there for buying bitcoins like here in my country we don't need to go any of the website that people mentioned .If you do meet up then you should be careful scammers are everywhere also Exchange Currency thread can help you to find people who is in london too.

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February 26, 2017, 08:11:43 AM
 #9

I definitely suggest localbitcoin,
you can additionally look for someone in this forum (from London or surrounding as well) who is willing to send you BTC for cash.
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February 26, 2017, 04:14:57 PM
 #10

Hi again,

Are there only two ways to buy bitcoins with cash only?

1. Use a ATM in London. (I say London as I am in London).
2. Register with localbitcoins.com and find a seller who accepts cash and meet up?

Many thanks.
According to me the Best Way to Buy Bitcoins is Localbitcoins.com Because I Tried Only Localbitcoins.com and I Never Felt any Discomfort By using this Website and I Already Done Many Trades On that Website Sometimes I Buy Bitcoins and Sometimes I Sell Bitcoins But You can Also Choose Bitcoin ATM if you know how to Use them......
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February 27, 2017, 11:00:56 AM
 #11

I think you can use coinbase or virwox aswell to buy bitcoins

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February 27, 2017, 11:26:33 AM
 #12

if in my country, I used Luno
https://www.luno.com/id/?utm_source=google&utm_medium=cpc&utm_campaign=ID+search&gclid=CjwKEAiAuc_FBRD7_JCM3NSY92wSJABbVoxBHlz8SjGReXzAa395AJXIASjPaoyrPxTiLkBgmc0GgBoCwfzw_wcB
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