chapter 4
tutorials: how you can buy bitcoins with cash
how to use bitquick
bitquick is one of the best ways to buy bitcoins with cash in the united states.
Reading: Buying bitcoin with cash
charges 2% per purchase, but exchange rates are often better than local cryptocurrencies.
We’ll show you how to make your first purchase in the tutorial below.
You will need a bitcoin wallet before you can shop at bitquick. don’t you have one? read our guide.
go to bitquick
you will see the home page. then click “quick checkout”
enter the amount you want to spend. you can enter in dollars or btc, the fields will update automatically.
You should now see a list of banks with prices:
You can choose any bank and the banks with the lowest prices will appear first.
Once you’ve chosen a bank, you’ll be asked to fill in a few details. this includes your email, phone number, and bitcoin address. you can also change the amount of bitcoin you want to receive.
make sure you enter your phone number and press “send verification”. this will send a pin code to your phone which you must confirm.
Once you have entered your details, press “hold”. this will block your request.
You will now need to find a bank branch of the bank you chose in your area. then you go to the bank, make a deposit and keep the receipt.
Go back to bitquick and upload the receipt to the seller. this proves that you made the deposit.
Bitcoins should arrive at the address you entered above within 3 hours!
buy bitcoins with cash from bitcoin ATMs
See also: Bitcoin Algorithm Explained – Mycryptopedia
bitcoin ATMs are another great way to buy bitcoin with cash!
Think of a bitcoin ATM as a cash to bitcoin converter.
Although you may have to physically drive or walk to the ATM, once you arrive at the ATM, you can buy bitcoins instantly. you should be lucky enough to have a bitcoin ATM in your area.
Our bitcoin ATM map helps you find locations, making it easy to locate a bitcoin ATM in your area.
You can do the following to check if there is a bitcoin ATM near you:
1. go to bitcoin ATM map
2. search by location
In the search box at the top left, type the name of your country or city and click enter.
3. find an ATM
once you search, you will be taken to the location you entered on the map. if you see pin markers on the map, you’re in luck! that means there are bitcoin ATMs in your area.
4. Choose an ATM
click on one of the map markers to get more details about a specific ATM. from there, you can also click “read more” at the bottom for even more details.
Although bitcoin ATMs make it easy to buy bitcoin with cash, there are some drawbacks:
bitcoin ATMs typically sell bitcoins at a 5-10% markup.
Before buying bitcoins at an ATM, check the price of the ATM with a bitcoin price index like our bitcoin prices page.
also:
some ATMs may require verification, such as an ID picture or fingerprint scan (although most do not).
libertyx review
Now that you know a little about libertyx, we’ll show you how to use it. Once you have downloaded the app from the apple app store or google play store, open it and you should see a screen like this:
Enter the amount of bitcoins you want to buy and then press “next”. you should now see a screen with some options. if you want to find a store near you to buy, click on “find store”. you will now see a reduced map.
Enter your location or allow the app to see your current location. you should then see an enlarged map with pins showing the many locations where you can shop:
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now tap on a bookmark and then tap “select this location”:
you will get more information about the location, such as store hours, fees, phone number and instructions to buy the coins:
in the next step you will need to log in with facebook or create an account:
Once you sign in, you’ll also need to link your phone number.
once you confirm your phone number, you can get your libertyx code which you show to the store!
In the store you present the code to the cashier and pay the number of coins you want. The cashier will then print another code that you enter into the LibertyX app. once you enter the cashier code, you will receive bitcoins!
stores near you: local mycelium dealer
mycelium local trader is part of the mycelium bitcoin wallet for android.
if you live in a city, you’re in luck:
There may be several vendors in your area.
make sure you are in a public space. going with a friend is also better. There have been reports of scams and theft, so be sure to take precautions when shopping.
once you download the app, click buy/sell:
once you enter your location, you should see a list of local sellers:
click on a seller for more information:
again, make sure you buy from sellers with good reviews! if you meet, meet in a public space and go with another person.
See also: 3 Reasons Dogecoin Could Head to the Moon – Someday | The Motley Fool
