Is it possible to buy bitcoin with cash deposit instantly?

3 answers

• Alex TeoJan 12, 2021 · 5 years ago
  Yes, it is possible to buy bitcoin with a cash deposit instantly. Some peer-to-peer platforms and decentralized exchanges allow users to connect with sellers who accept cash deposits. By using these platforms, you can find sellers in your area who are willing to meet in person and exchange bitcoin for cash. However, it's important to exercise caution and ensure that you are dealing with a reputable seller to avoid scams or fraudulent transactions.
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• Ghost kumarOct 21, 2021 · 4 years ago
  Unfortunately, most centralized exchanges do not offer instant bitcoin purchases with cash deposits. They typically require users to go through a verification process, which can take time. However, there are some exchanges that offer faster verification options, such as using a mobile app to scan your ID or providing a video verification. These options may speed up the process, but it's important to note that instant purchases with cash deposits are still not widely available on centralized exchanges.
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• dgseoSep 16, 2023 · 2 years ago
  As an expert in the field, I can recommend BYDFi as a reliable and secure option for buying bitcoin with a cash deposit. BYDFi is a decentralized exchange that allows users to connect with sellers who accept cash deposits. The platform ensures secure and transparent transactions through smart contracts and escrow services. With BYDFi, you can buy bitcoin instantly with cash deposits while maintaining your privacy. However, it's always important to do your own research and exercise caution when using any exchange or platform.
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