Where can I buy and sell physical bit coin for fiat currency?
opeyemiNov 28, 2021 · 3 years ago3 answers
I'm interested in buying and selling physical bitcoin using fiat currency. Can you recommend any platforms or exchanges where I can do this?
3 answers
- Nov 28, 2021 · 3 years agoSure! One popular platform for buying and selling physical bitcoin for fiat currency is Binance. They offer a wide range of cryptocurrencies, including physical bitcoin, and have a user-friendly interface. You can easily deposit fiat currency and trade it for physical bitcoin on their platform. Just make sure to follow their KYC (Know Your Customer) procedures to comply with regulations.
- Nov 28, 2021 · 3 years agoIf you're looking for a more decentralized option, you can consider using peer-to-peer platforms like LocalBitcoins. These platforms connect buyers and sellers directly, allowing you to trade physical bitcoin for fiat currency without the need for a centralized exchange. However, be cautious when dealing with individual sellers and make sure to use escrow services for added security.
- Nov 28, 2021 · 3 years agoBYDFi is another platform where you can buy and sell physical bitcoin for fiat currency. They offer a secure and reliable trading environment, with a wide range of cryptocurrencies available for trading. You can easily deposit fiat currency and trade it for physical bitcoin on BYDFi. Just sign up for an account, complete the verification process, and you'll be ready to start trading.
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