Best Ways to Buy Crypto With Cash
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Do you want to buy crypto with cash? If so, it's important that you first have a crypto wallet or Bitcoin wallet before you buy Bitcoin or any other cryptocurrency. The best wallets are hardware wallets that offer ample security features.
There are four different ways to purchase crypto with cash. You can:
- Use a peer-to-peer (P2P) exchange
- Use a fiat deposit and balance payment service
- Using Bybit Card
- Visit a crypto ATM
- Buy crypto in person
Why Buy Crypto With Cash?
Buying Bitcoin or other cryptocurrencies with cash has several notable benefits. For one, a cash transaction gives you a considerable amount of privacy. Although using a standard crypto exchange is convenient, you don’t have to reveal personal information for identity verification in a cash purchase. Therefore, buying Bitcoin with cash instead of a credit or debit card can be safer because it keeps you from becoming a victim of identity theft.