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Author Topic: Do people still buy & sell BTC for CASH money?  (Read 296 times)
Findingnemo
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August 20, 2026, 06:08:04 PM
 #21

Even LBC and Paxful removed the F2F escrow feature a long time before they were shut down, but people are still making successful deals via Telegram groups but those are not for a small trader they usually deal with huge volume as far as I know.

The latest news is Noones is shutting down, which is similar one to LBC and ditto of Paxful.

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August 22, 2026, 02:07:44 PM
 #22

It's safer to require that the buyer pays you cash directly withdrawn from the bank in your presence. No more counting. No more checking for fakes.
This is a brilliant idea, the transaction can also take place in an ATM stand nearby to or in a banking hall, though buyers who would claim not to store cash in the bank won't follow this routine or idea, and not everybody who refuse to withdraw directly from the bank are malicious, it's just a way to bypass the problem of fake notes, but the seller would have limitations from buyers who wouldn't abide to this method of transaction.

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August 26, 2026, 11:21:15 AM
 #23

Nobody has mentioned cards yet  Roll Eyes . A crypto card at a normal bank ATM is the boring third option, and it fails the OP's brief on privacy, because that route is KYC all the way down.

Where it does win is that the cost is written down before you go. I keep a spreadsheet of these, and the ATM terms come in four shapes: a flat fee per withdrawal, a percentage, a free monthly allowance and then a fee, or no ATM access at all. A few cards publish nothing. Worth knowing which one you hold before you need the cash.
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August 27, 2026, 02:36:48 PM
 #24

Nobody has mentioned cards yet  Roll Eyes . A crypto card at a normal bank ATM is the boring third option, and it fails the OP's brief on privacy, because that route is KYC all the way down.
do people still using cash and physical cards. I haven't paid with cash in several months, and I only use it when buying local products from local markets. This might explain the decline in P2P cash transactions.

P2P banking apps have become an alternative to P2P cash, and the more banking apps you have access to, the better deals you can find.

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