Buy bitcoin with cash reddit

buy bitcoin with cash reddit

the buyer upon confirmation of payment. If you havent backed up your private keys, this may result in you losing both your BTC and BCH tokens forever. A Note on Exchange Rates Peer-to-peer Bitcoin exchanges offer a fast way to buy bitcoins. The 5-10 premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins. You can enter in dollars or BTC, the fields will update automatically. The FAQ section below should answer all of your remaining questions.

Trades Near You: Mycelium Local Trader Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android. Now you'll see a zoomed out map. Alternatively, if you already own Bitcoins, or any other major cryptocurrency for that matter, you can use services like Shapeshift and Changelly to instantly trade between cryptocurrencies, including Bitcoin Cash. However, most cryptocurrency operations, especially when it comes to Bitcoin Cash, are almost instantaneous. If you don't want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. Bitcoin protocol without overwhelming consensus is not permitted.