Buying Bitcoin with Cash: What's the Deal?

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Posts: 6 · Reputation: 98
#1Aug 6, 2018, 08:58 PM
Seems like the government has really cracked down 🪪 and shut down peer-to-peer platforms like Paxful and LocalBitcoins.
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0x4lphaFull Member
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#2Aug 6, 2018, 10:46 PM
Yeah, LocalBitcoins is basically centralized now. I mean, if they’re still around, KYC is probably mandatory. They blame their issues on the way they operate.
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#3Aug 7, 2018, 12:52 AM
Paxful had its own mess going on. And it's not just them; a lot of exchanges face scrutiny. Some are still functioning but have had to cough up fines.
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LuckyDeg3nFull Member
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#4Aug 7, 2018, 02:13 AM
There are still ways to buy using fiat though. Cash is kinda rare now, especially in P2P. I think Binance stopped accepting cash for my local currency.
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fork404Full Member
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#5Aug 7, 2018, 04:17 AM
All those options are gone, man. And what’s left isn’t even busy.
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#6Aug 7, 2018, 05:12 AM
Closest thing I’ve seen is Facebook Marketplace, but they don’t have a proper category for crypto and it could be banned.
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viper365Newbie
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#7Aug 7, 2018, 10:22 AM
Check out Bisq, it’s good for P2P trades. It’s great for privacy freaks, but if you’re not into that, centralized exchanges work fine too.
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the_satNewbie
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#8Aug 7, 2018, 04:09 PM
Yeah but I doubt it’s available in Spanish cities.
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#9Aug 7, 2018, 10:03 PM
Bisq doesn’t need to be local. You can swap EUR for BTC using SEPA or services like Wise. Just be careful with why you’re sending money. Follow the setup tips, and you’ll find partners easily.
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fork404Full Member
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#10Aug 10, 2018, 09:48 AM
Make a thread here. Just include what you need, or check your local section; you might score a deal.
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#11Aug 10, 2018, 03:25 PM
Nah, I’m in Barcelona and can't find anyone willing.
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serHero Member
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#12Aug 10, 2018, 04:21 PM
Wanted to grab Visa or even Bitcoin cards, but all the KYC and regulations make it tough. Gift cards are a joke too, like 10% off for Google Play? Seriously?
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#13Aug 10, 2018, 07:10 PM
I’d say what DireWolfM14 mentioned is spot on. Bisq works everywhere, but sure, some areas might be dry. Maybe try getting small amounts from casinos; some let you withdraw without KYC, but not too much. Still, Bisq is your best bet.
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#14Aug 10, 2018, 10:28 PM
I literally sit on a street holding a sign saying I'm buying crypto.
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#15Aug 10, 2018, 11:34 PM
Like a merchant stall in RuneScape, lol.
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#16Aug 11, 2018, 04:17 AM
Maybe I didn’t get it right, but there are virtual cards you can buy with BTC for online payment or even at POS. You can also pull cash from ATMs in Spain with those.
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#17Aug 12, 2018, 03:00 AM
Also, I heard there are about 80 crypto ATMs in and around Barcelona.
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