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Author Topic: Buying Cryptocurrency with Cash in Europe?  (Read 189 times)
valsha (OP)
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March 23, 2022, 11:13:08 AM
Merited by hugeblack (4)
 #1

Good afternoon, how can I buy cryptocurrency, stablecoins (USDT, etc.) for cash in Europe?
In countries such as Bulgaria, Romania.
Maybe there is something besides https://localbitcoins.com?
Thanks.
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March 23, 2022, 02:36:34 PM
 #2

As in f2f OP? if so, you can try checking bisq, localcryptos and hodlhodl. There may be other exchanges in kycnot.me depending on the coins you want to buy, just make sure to DYOR. Lastly, if you can't find any offers up to your liking, I encourage you to start a new one.

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valsha (OP)
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March 23, 2022, 03:53:02 PM
 #3

Thank you for this info!
Lastly, if you can't find any offers up to your liking, I encourage you to start a new one.
didn't quite understand what you meant.
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March 23, 2022, 07:36:50 PM
 #4

didn't quite understand what you meant.

Sorry for not making that clear! I was talking about trade offers/orders you see in exchanges. Let's say for instance none of the open orders are from trustable users. I say try to not give up and create your own unless you're in a hurry.

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March 25, 2022, 07:42:34 AM
 #5

Good afternoon, how can I buy cryptocurrency, stablecoins (USDT, etc.) for cash in Europe?
In countries such as Bulgaria, Romania.
Maybe there is something besides https://localbitcoins.com?
Thanks.
May I know why you want to buy crypto for cash only? If you do not intend to do KYC? Taxes, etc. There are better ways instead of buying for cash.

In general, the cash request depends mainly on reaching the parties who want to deal with you, try to make yourself reliable by postin here, in social media, and others.

This is a list of peer-to-peer platforms ---> List of P2P/no-KYC exchanges, try to search, find trusted traders in your country (even if they don't do cash trading) and ask them.

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..BUY/ SELL CRYPTO..
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March 25, 2022, 07:47:24 AM
 #6

If you don't mind paying high fees (from what I understand) then why not also try Bitcoin ATMs? I don't have any near me as I know of and I feel like it's not really popular in my part of the planet but I keep reading about ATMs in Europe and America so I guess there is a quick and reliable option (it is a bit more risky with P2P if you are new).


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sheenshane
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March 25, 2022, 11:10:49 PM
 #7

If you don't mind paying high fees (from what I understand) then why not also try Bitcoin ATMs? I don't have any near me as I know of and I feel like it's not really popular in my part of the planet but I keep reading about ATMs in Europe and America so I guess there is a quick and reliable option (it is a bit more risky with P2P if you are new).
It played on the range of 13% fee down below if you buy Bitcoin on any Bitcoin ATMs based in Europe according to the CoinATMRadar
It's too hurt to our pocket to cover those fees but if you've no choice, it might be good if you'll accept that you've already lost a certain amount because of the fee.

If you don't care about KYC, find a better exchange that you can be trusted, most exchange platforms now are required KYC verifications, and if you can deal with this, go for CEX.IO or in Coinbase.

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March 26, 2022, 12:29:53 PM
 #8

If you don't mind paying high fees (from what I understand) then why not also try Bitcoin ATMs? I don't have any near me as I know of and I feel like it's not really popular in my part of the planet but I keep reading about ATMs in Europe and America so I guess there is a quick and reliable option (it is a bit more risky with P2P if you are new).
It played on the range of 13% fee down below if you buy Bitcoin on any Bitcoin ATMs based in Europe according to the CoinATMRadar
It's too hurt to our pocket to cover those fees but if you've no choice, it might be good if you'll accept that you've already lost a certain amount because of the fee.

If you don't care about KYC, find a better exchange that you can be trusted, most exchange platforms now are required KYC verifications, and if you can deal with this, go for CEX.IO or in Coinbase.

Yes, I have heard at least 5% on actual price gone in commission and fees and such, but at the same time, there is also a low limit allowance for buys without KYC, and it's instant as far as I know (you get the tx to your wallet or you can get a paper wallet).

So there is some advantage to privacy (if without KYC) and perhaps just an additional option that could also be more convenient for OP.

I honestly wouldn't use an ATM but if there are so many around the world and it keeps growing, there must be a lot of demand.

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examplens
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March 28, 2022, 09:37:22 AM
 #9

OP, you did not say approximately what the amount might be, or how often such an exchange is needed. I would suggest you look for Telegram groups from that area, I have come across such, but I cannot give any recommendation, as I have never traded with them.
eg I know of TG groups with ex-Yu countries, where p2p exchanges are arranged, usually at no extra fee by the seller.

If you don't mind paying high fees (from what I understand) then why not also try Bitcoin ATMs? I don't have any near me as I know of and I feel like it's not really popular in my part of the planet but I keep reading about ATMs in Europe and America so I guess there is a quick and reliable option (it is a bit more risky with P2P if you are new).
It played on the range of 13% fee down below if you buy Bitcoin on any Bitcoin ATMs based in Europe according to the CoinATMRadar
It's too hurt to our pocket to cover those fees but if you've no choice, it might be good if you'll accept that you've already lost a certain amount because of the fee.

If you don't care about KYC, find a better exchange that you can be trusted, most exchange platforms now are required KYC verifications, and if you can deal with this, go for CEX.IO or in Coinbase.

Yes, I have heard at least 5% on actual price gone in commission and fees and such, but at the same time, there is also a low limit allowance for buys without KYC, and it's instant as far as I know (you get the tx to your wallet or you can get a paper wallet).

So there is some advantage to privacy (if without KYC) and perhaps just an additional option that could also be more convenient for OP.

I honestly wouldn't use an ATM but if there are so many around the world and it keeps growing, there must be a lot of demand.

I think the OP has emphasized that it is interested in a transaction for cash. Cash for cryptocurrency is always done without passing KYC verifications.
or I've missed something.

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March 29, 2022, 07:32:01 AM
 #10

Yes, I have heard at least 5% on actual price gone in commission and fees and such, but at the same time, there is also a low limit allowance for buys without KYC, and it's instant as far as I know (you get the tx to your wallet or you can get a paper wallet).

So there is some advantage to privacy (if without KYC) and perhaps just an additional option that could also be more convenient for OP.

I honestly wouldn't use an ATM but if there are so many around the world and it keeps growing, there must be a lot of demand.

I think the OP has emphasized that it is interested in a transaction for cash. Cash for cryptocurrency is always done without passing KYC verifications.
or I've missed something.

Yes, we were discussing a cash alternative, which is Bitcoin ATMs. When you buy at these machines, you insert cash (paper bills) and then you get back Bitcoin which you scan your QR code from your digital wallet OR you receive a paper wallet (a slip the machine prints out with your private keys). You're expected to then sweep that BTC into your own wallet later.

But Bitcoin ATMs now have a limit allowance for KYCless buying. UK for example has now banned them (I just read) because they didn't require KYC but I know most places allow to buy a small amount without KYC, then after a certain limit you must scan ID.

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March 29, 2022, 03:22:05 PM
 #11

But Bitcoin ATMs now have a limit allowance for KYCless buying. UK for example has now banned them (I just read) because they didn't require KYC but I know most places allow to buy a small amount without KYC, then after a certain limit you must scan ID.

I think some, that I encountered in the past, didn't even have a KYC function. Probably obsolete now.

And, the limits before KYC required have generally been there for European BATMs, at least to my experience since 2017/18 -- this all changed around 2020 even, can't remember precisely but you could even sell Bitcoin for up to 10k euros a day (precise numbers may vary but it was a huge amount) without KYC. Then the machines I used to walk past almost daily were removed, my guess was to update the firmware and install new KYC limits with AMLD5 in force.

Those machines aren't in place any longer until today though. Not sure what happened, Covid I guess.

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Ruximix
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March 29, 2022, 07:44:04 PM
 #12

Use Kraken.

Bank will ask KYC once you get money, does with me all the time. Origin of funds is needed. Very easy if you have nothing to hide.

I have taken 8 digits out from Kraken.
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