How can I buy bitcoin directly without using an exchange?

3 answers

• Philip TraasAug 15, 2020 · 5 years ago
  Yes, there are a few ways to buy bitcoin directly without using an exchange. One option is to use a peer-to-peer marketplace where you can connect with individuals who are selling bitcoin directly. Another option is to use a Bitcoin ATM, where you can deposit cash and receive bitcoin directly to your wallet. Additionally, some websites and services allow you to buy bitcoin directly from other users without going through an exchange. However, it's important to exercise caution and do your due diligence when buying bitcoin directly to ensure the legitimacy and security of the transaction.
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• Tiago AlencarDec 08, 2023 · 2 years ago
  Absolutely! If you want to buy bitcoin without going through an exchange, you can explore options like using a decentralized exchange (DEX) or participating in over-the-counter (OTC) trading. DEX platforms allow you to trade directly with other users without the need for a centralized exchange. OTC trading involves buying bitcoin directly from a seller, often in large quantities. Keep in mind that OTC trading may require a higher minimum investment and additional verification steps. It's always a good idea to research and compare different methods before making a decision.
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• Neeraj ChauhanNov 12, 2024 · 7 months ago
  Yes, it is possible to buy bitcoin directly without using an exchange. BYDFi, a digital currency exchange, offers a direct purchase option where you can buy bitcoin directly from other users on their platform. This allows for a peer-to-peer transaction without the need for a traditional exchange. However, it's important to note that BYDFi is just one option among many, and there are other platforms and methods available for buying bitcoin directly without using an exchange. Make sure to explore different options and choose the one that best suits your needs and preferences.
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