Just like a lot of things in life sometimes you just want to buy local bitcoin. Whether you are new to investing in bitcoin (BTC), or just want to purchase some bitcoin to see what all the fuss is about. You can usually find bitcoin near you if you know where to look. While cryptocurrency interest is growing, the word bitcoin worldwide is becoming a well-known phrase. Depending on which way you choose to go, you have a variety of options each with different fees and levels of convenience to consider. If you want to find out more about buying bitcoin locally, read on to find out more about how you can get your hands on some cryptocurrency in your local area.
Can I Buy Bitcoin Worldwide?
While an interesting question to ask, this is one that has a complicated answer. However, in most cases, the answer is yes. While there are a few edge cases due to local regulation, government restrictions, sanctions and the like, in most places you can buy bitcoin with cash with minimal difficulty. The difficulty of finding the closest bitcoin will be somewhat connected to your location as well, those that live in relatively large cities will find local bitcoin traders far more easily, but even if you can't initially, there are other options as well you can examine. You may also discover that the closest bitcoin isn't always the best price for bitcoin, so sometimes looking outside of your local area can be really beneficial to getting the cheapest bitcoin.
Can You Buy Bitcoin at Walmart or Other Supermarkets?
While when you see this question, I'm sure many of you are hoping that you can merely pop down to the local supermarket and just buy bitcoin with cash off the shelf, unfortunately at least today it's not quite that simple. However, you can take advantage of Walmart, CVS, 7-Eleven and more in a few ways to get your bitcoin fix. While all of these options require a P2P exchange like LocalCoinSwap to perform safely, they can be done.
Ways to buy bitcoin with cash at a Supermarket:
- Trade bitcoin with Walmart2Walmart transfer
- Trade bitcoin for gift cards purchased at supermarkets
- Meet in a public place like a shopping centre or mall to trade cash for bitcoin (BTC)
- A Bitcoin ATM nearby is an option if one is available in your local area
- Buy bitcoin with prepaid Visa or MasterCard
The key to buying bitcoin at Walmart and other similar stores is not in buying it directly. It's in taking advantage of the various means of payment you can find there, often using things purchases with cash that can be used to exchange value with other traders. Beware that some types of payment methods are a little more advanced, gift cards being a good example, so be sure to do some research about a payment method you may wish to buy cryptocurrency with using P2P trading before engaging in a trade. However, if you choose a payment method without charge back risk, and one that can be quickly secured once reviewed P2P trading provides bitcoin escrow by taking advantage of the services offered by LocalCoinSwap to help you trade bitcoin safely.
Trading Bitcoin in Person
Cash trading is something that is still popular in today's world even as we've begun heavily trending more towards a cashless society, and this isn't likely to change anytime soon. Cash is still king for many people, and the tangible nature of it makes it a great way to exchange for cryptocurrency directly. Using crypto exchanges, you can help reduce the risks associated with exchanging with a stranger. You can check their trading history and agree on terms such as location before a trade occurs. Using LocalCoinSwap, you can essentially buy bitcoin worldwide while exchanging cash for bitcoins.
Whether you want to buy or sell it doesn't matter, in most reasonably populated places you'll be able to find a trading partner to convert cash into bitcoin with ease. If you do have a little trouble, you can look at other payment methods available to you. Still, you can also list your own trade offer on LocalCoinSwap to allow other traders passing through to see your interest in trading and the terms you are willing to accept.
Where is the Nearest Bitcoin ATM?
If you are wondering "where can I find a Bitcoin machine?" or "where can I find bitcoin ATMs near me" this may be one of your first times using a bitcoin ATM, while still a valid option to consider in some cases, they aren't as convenient as they once were. Increased KYC requirements have reduced the convenience and potential wait times when using a bitcoin ATM, what was once the matter of deciding if the fees for using a bitcoin ATM were acceptable, now there is more to consider.
Bitcoin ATMs have always been on the high side when it comes to cost, but with more restrictions starting to come into play across the world, often the bitcoin ATM is pushed down the list of suitable options a few notches even if there is one nearby. Ignoring the usually high prices of using a crypto ATM, you can generally find them nearby, and for many of us, there will be one somewhere in our local area. If not there's always the flexibility provided by P2P trading that makes a brilliant alternative to bitcoin ATMs. If you do decide to use a cryptocurrency ATM, many mobile apps/website/maps provide bitcoin ATM locations which can help you find a bitcoin ATM near you. You will, on occasion even stumble on a bitcoin ATM near you in a local store or other retail business, commonly businesses that accept bitcoin as payment.
The Various Ways of Trading Bitcoin for Cash
When you want to convert cash to bitcoin (BTC) or convert your bitcoin to cash, you may think of exchanging money in person. However, something that many people aren't aware of is that there actually are a range of ways you can use cash to trade cryptocurrency. Cash by mail is an excellent example of a private way to buy or sell bitcoins, while not the fastest it does have its benefits in some situations. Cash deposits are one potential method to use if you don't mind walking into a local bank. Cardless cash is another way that cash can be utilized during crypto trades. None the less one of the most popular ways to use cash is to trade cash in person and for those looking to buy bitcoin worldwide every day, this is still a popular choice of payment method.
Do you want to start trading bitcoins with cash and other payment methods in your local area and start filling your bitcoin wallet? Get Started by signing up to LocalCoinSwap today. You have a vast range of payment methods to choose from and a range of digital currency options. You don't even have to worry about being required to pre-fund your ads and lock up your crypto as you can post a trade offer you can start immediately.
Whether you post your own trade or trade with one of the experienced traders on the platform, you can easily buy bitcoin fast without waiting on lengthy verifications or paying high fees to buy cryptocurrency. Start P2P trading today and trade your way at LocalCoinSwap.