How can I deposit cash on a cryptocurrency exchange without using a debit card?

3 answers

• Dec 15, 2021 · 3 years ago
  One option to deposit cash on a cryptocurrency exchange without using a debit card is to use a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, allowing you to find someone who is willing to accept cash in exchange for cryptocurrency. You can arrange a meeting with the seller and complete the transaction in person. Make sure to choose a reputable platform and take necessary precautions to ensure a safe transaction. Remember to research the seller and the platform before proceeding.
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• Dec 15, 2021 · 3 years ago
  Another way to deposit cash on a cryptocurrency exchange without a debit card is to use a Bitcoin ATM. Bitcoin ATMs allow you to buy Bitcoin or other cryptocurrencies using cash. Simply locate a Bitcoin ATM near you, follow the instructions on the screen, insert the cash, and provide your cryptocurrency wallet address. The ATM will then send the purchased cryptocurrency to your wallet. Keep in mind that Bitcoin ATMs may have fees and limits, so be sure to check these before using one.
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• Dec 15, 2021 · 3 years ago
  If you are a user of BYDFi, you can deposit cash without a debit card by using bank transfers. Simply link your bank account to your BYDFi account and initiate a bank transfer. Once the transfer is complete, the cash will be deposited into your BYDFi account. Keep in mind that bank transfers may take some time to process, so plan accordingly. Remember to follow the instructions provided by BYDFi and ensure that you are using a trusted bank account.
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