The easiest way to buy Bitcoins in Canada is through cash. It’s private and really quick. You just need to have a Bitcoin wallet before the purchase. Through cash, you can get your bitcoins within a couple of hours. If you’d like to buy Bitcoins, this article will guide you about how to buy bitcoins in Canada with cash or cash deposit.
Bitcoinscashout is a platform that allows you to sell your Bitcoins through any wallet globally. This online website is 100% secure and easy-to-use.
Buy Bitcoin with Cash using P2P exchanges
Peer to peer exchanges is the most secure way to buy bitcoin with cash. It’s a simple procedure that requires you to sign up, get in contact with a local BTC buyer or seller who wants to deal in cash. Further, arrange the time and place for the meeting. Discuss the details of your trade and make it happen.
There are many P2P exchanges available such as Paxful, LocalCryptos, and Wall of coins but honestly, bitcoinscashout provides such an incredible bitcoin to cash services. These platforms allow you to buy bitcoin with cash, as well as other options.
Buy Bitcoin with Cash using Bitcoin ATM
The best place to buy bitcoin is through cash from one of the Bitcoin ATMs near you. They are available worldwide. Locate an ATM in your local arena and visit them to buy Bitcoins via Cash. You have to follow the step by step process mentioned below;
- Get a Bitcoin wallet or a mobile wallet
- Place an order by selecting the cryptocurrency of your choice
- Confirm your Bitcoins
- Then you need to scan the QR code
- Receive Bitcoins in your wallet
Some ATMs may ask you to verify your ID and phone number. At the end of the process, ATMs charge a fee of 5–10%, which is the only con of buying Bitcoins through an ATM.
Buy Bitcoins with Cash in-person
If you’re someone who doesn’t want to rely on third party services and thinking where can I buy bitcoin in Canada via Cash, the best way is to deal with yourself. You can place advertisements on social media or boards.
Another way is to attend local Bitcoins meetup, where you may find someone who wants to sell or buy Bitcoins for cash. It’s essential to maintain a low-profile and not reveal your identity unless the buyer or seller is trustworthy.
Buy Bitcoin with Cash Using Cash Deposit Service
You can also buy bitcoin online by depositing cash directly into the seller or service’s bank account. Bitcoinscashout platform offers this option. However, buying Bitcoins with cash is more secure and private as compared to centralized cryptocurrency exchanges.
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