It is possible to buy and sell bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit. A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
1. Find a seller in your area who accepts cash.
2. Select amount of coins and place an order.
3. Receive account number from the seller.
4. Deposit cash into the seller's account.
5. Upload your receipt to prove you made the deposit/trade.
6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.
For selling bitcoins, simply creates ads on Localbitcoins.
LocalBitcoins is private and does not require any personal details or verification, although specific sellers may request this info.
Be sure to buy from sellers with previous trade history and positive feedback.
Local Bitcoins charges a flat 1% fee on each purchase. Click here to check it out.
Coinmama is a bitcoin broker that specializes in letting you purchase bitcoin with a debit or credit card. You'll be charged a ~6% fee due to the risks and processing fees that come with credit card payments. Coinmama offers high limits. You can buy up to:
$5,000 worth of bitcoin per day
$20,000 worth of bitcoins per month
After your account is verified and a purchase is made you will receive your bitcoin within a few minutes. Get 5% off your order when you use this link. Click here to check it out.
After you have a wallet, it is time to get some bitcoin / Altcoins. Here give you some options to buy and sell Bitcoin / Altcoins. These are the reputable sites that we recommend for beginners. You can buy and sell with Cash, Credit / Debit card or even Paypal.
Now since no exchange currently allows a way around the charge back issues of buying Bitcoins with Paypal we are going to have to go through VirWox – The Virtual World Exchange. We will use a virtual currency called SLL (Second Life Linden Dollars), This currency is used for one of the biggest virtual worlds today – Second Life. After buying this currency with Paypal (which is acceptable) we will then trade it to Bitcoins. Click here to check it out.
Payza now support deposit and withdrawal of Bitcoin. You can fund your Payza with Cash, Credit Card, Altcoin, or even use the money from your online earning to exchange with Bitcoin. Click here to check it out.