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How can I buy Bitcoin in Manila with cash?

avatarBramsen WilkinsonDec 16, 2021 · 3 years ago3 answers

I am in Manila and I want to buy Bitcoin using cash. How can I do that? Are there any local exchanges or platforms that accept cash payments? What are the steps involved in buying Bitcoin with cash in Manila?

How can I buy Bitcoin in Manila with cash?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, buying Bitcoin with cash in Manila is possible. One option is to use a peer-to-peer marketplace like LocalBitcoins. You can find sellers who accept cash payments and arrange a meeting to complete the transaction. Make sure to choose a reputable seller with good feedback and take necessary precautions to ensure a safe transaction. Another option is to check if there are any Bitcoin ATMs in Manila that accept cash deposits. These ATMs allow you to deposit cash and receive Bitcoin directly into your wallet. Keep in mind that Bitcoin ATMs may charge higher fees compared to other methods. Lastly, you can also explore local cryptocurrency exchanges in Manila that accept cash payments. Research and compare different exchanges to find the one that suits your needs in terms of security, fees, and available cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    Buying Bitcoin with cash in Manila is easy! You can use platforms like Paxful or CoinCola to find sellers who accept cash payments. These platforms provide a secure escrow service to protect both buyers and sellers. Simply create an account, browse through the available offers, and initiate a trade with a seller who accepts cash. Once the trade is initiated, follow the instructions provided by the platform to complete the transaction. Remember to exercise caution and only trade with reputable sellers with good feedback. It's also a good idea to conduct the transaction in a public place for added safety.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we understand the convenience of buying Bitcoin with cash. While we don't directly facilitate cash transactions, you can use peer-to-peer marketplaces like LocalBitcoins or Paxful to find sellers who accept cash payments in Manila. These platforms provide a secure environment for buyers and sellers to connect and complete transactions. Make sure to verify the reputation of the seller and follow the recommended safety guidelines to ensure a smooth and secure transaction. If you have any further questions or need assistance, feel free to reach out to us.