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Author Topic: Do people still buy & sell BTC for CASH money?  (Read 76 times)
safestexchange (OP)
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August 15, 2026, 06:11:02 PM
 #1

Do people still buy & sell BTC for CASH money? if yes, what are popular platforms for this nowadays?

Don't give me the CEX P2P (binance, bybit, etc...)... i miss localbitcoin  Sad
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August 15, 2026, 06:23:04 PM
 #2

Do people still buy & sell BTC for CASH money? if yes, what are popular platforms for this nowadays?
Bisq is a good recommendation for face to face (F2F) trades. It is a decentralized exchange, so that makes it even better. I am not sure how popular this kind of trade is nowadays, but it is kind of good for 'privacy', except of course that you show your face to your counterparty. It is easy to set up a F2F trade in Bisq, considering you see an offer around your region.

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Stalker22
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August 15, 2026, 08:51:20 PM
 #3

Do people still buy & sell BTC for CASH money? if yes, what are popular platforms for this nowadays?

Don't give me the CEX P2P (binance, bybit, etc...)... i miss localbitcoin  Sad

Depending on where you live, Bitcoin ATMs may be an option.  Personally, that is my preferred method for exchanging for cash.  Plus, there are always local Bitcoin user groups for in-person trades.

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August 15, 2026, 08:55:07 PM
 #4

Bisq is a good recommendation for face to face (F2F) trades. It is a decentralized exchange, so that makes it even better. I am not sure how popular this kind of trade is nowadays, but it is kind of good for 'privacy', except of course that you show your face to your counterparty.

For the whole of Europe there are right now
- zero deals for buying F2F
- one deal for selling in Rome

39/17 total offers, Bisq is a ghost town for some regions

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August 15, 2026, 10:15:12 PM
 #5

Depending on where you live, Bitcoin ATMs may be an option.  Personally, that is my preferred method for exchanging for cash.
With the high operator's fee? Anyway, just like you said, op would have to live in a place where they can find a bidirectional BATM, i think a one-way machine is more popular. However, i believe people do F2F trades to avoid kyc, but in BATM's you have to submit kyc. And then if you are selling BTC for cash, you'd have to wait for your tx to confirm on the blockchain, before the machine dispenses cash to you.
Bisq is a ghost town for some regions
True, it depends on the op's region. LocalCoinSwap is another alternative, they offer Cash-In-Person trades, though i've not used this service before. Probably if you have or someone else has, they could give their review!

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Today at 01:09:43 AM
 #6

I'm guessing most are down with local marketplaces and exclusive groups. Within a city, for example. From where I am, recommended platforms such as Bisq could stall your face-to-face offer for weeks, if not months, even forever. 

Here in my locality, you could opt to sell your Bitcoin for cold cash with over-the-counter options. We have Moneybees, for example, which has partners spread all over the country. It's just that you might be asked for an ID.


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Today at 08:40:18 PM
 #7

Depending on where you live, Bitcoin ATMs may be an option.  Personally, that is my preferred method for exchanging for cash.
With the high operator's fee? Anyway, just like you said, op would have to live in a place where they can find a bidirectional BATM, i think a one-way machine is more popular. However, i believe people do F2F trades to avoid kyc, but in BATM's you have to submit kyc. And then if you are selling BTC for cash, you'd have to wait for your tx to confirm on the blockchain, before the machine dispenses cash to you.

Where I live, the operator fee is roughly 3-4%, which doesnt seem that bad to me.  As for two-way BATMs, as far as I know, most of them in Europe work that way.  also, some of operators here even let you start a cash-out online first.  You can send the funds from the comfort of your couch, get a QR code, and just tap it at the machine to pick up your cash whenever you want.  That way you dont have to wait on block confirmations at the physical ATM.

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Today at 09:22:15 PM
 #8

I know some people who still do in my country.  So.  Yes, people still do this.  You only need to find the right deal for you.

Purchasing and selling for Cash is going to become more and more difficult and I do expect this to slow down a lot in the following years.  So enjoy it while you still can.

 
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Today at 09:31:02 PM
 #9

With the presence of digital account options that are growing in numbers, I believe people would rather use that over the cash money option which is not that convenient and also poses a security concern. I know a couple of folks who were traders and ended up getting robbed of their Bitcoins when they did face to face deals with some people that posed as traders. They became targets, got trailed and were made to send Bitcoins to the robbers' addresses under gun point.

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