Buy Bitcoin 2017 - Quickest Way To

: Sites like LocalBitcoins and Paxful were the dominant players.

: You would find a machine via directories like Coin ATM Radar . You typed in your phone number for a quick SMS verification, held your mobile wallet's QR code up to the scanner, and fed paper cash directly into the machine. quickest way to buy bitcoin 2017

: You signed up, passed a basic automated identity check, linked a Visa or Mastercard, and bought directly at the quoted retail price. : Sites like LocalBitcoins and Paxful were the

: You paid a massive premium. Average transaction fees hovered between 8% and 15% . 🤝 2. Peer-to-Peer (P2P) Platforms : You signed up, passed a basic automated

Using a credit or debit card on a localized retail crypto broker was the fastest digital method involving plastic.

The fastest ways to buy Bitcoin in depended on whether you were willing to pay higher fees to bypass lengthy identity verification (KYC) processing delays. During the massive crypto bull run of 2017, centralized exchanges were notoriously overwhelmed, making alternative methods the absolute fastest routes to acquire the asset. ⚡ 1. Bitcoin ATMs (BTMs)