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Can I Buy BTC in Person?

by Teecycle Editorial Staff
20/05/2021
in Business
Can I Buy BTC in Person
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How can I purchase a Bitcoin? You can buy Bitcoin in person from anyone you choose — provided that you are sure you can trust them. Purchasing BTC directly from a seller is one of the simplest ways to trade in crypto without having to pay exchange transaction fees. Another advantage of doing it this way is that you will not be asked to provide a lot of documents to establish your identity. You can choose not to reveal your address or other personal information. However, the challenge is how to find a reliable seller to buy Bitcoin from in person.

Crypto online marketplaces enable buyers to connect with sellers, allowing them to create their own buy and sell orders. Popular crypto platforms such as LocalBitcoins and Paxful have escrow services that protect traders from fraudulent actors. There are feedback systems in place to allow buyers and sellers to review each other after every trade.

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From where can I buy Bitcoin in person in Turkey?

Investors who want to buy and sell Bitcoin for cash can also use the Nakitcoins exchange; it is the premier physical crypto exchange office in Turkey. Nakitcoins allows people to transact in crypto without any limits, and enjoy a high level of security. As a fully decentralized online cryptocurrency exchange, Nakitcoins is convenient for people who want to do a quick conversion of their funds by using flexible funding options. Exchange your Bitcoin for other currencies instantly, and buy BTC with Neosurf cash vouchers – all on Nakitcoins’ reputable crypto platform. Click to buy btc in person on NakitCoins now.

How to sell Bitcoin from where can I buy it

There are bitcoins for sale on Nakitcoins.com and any other trusted websites that allow people to buy bitcoins, including crypto (P-2-P) platforms. Under normal circumstances, the processes involved in buying and selling BTC are similar.

For instance, you will be required to click a few buttons and specify your sell order. You can choose to sell your crypto instantly at the current market price or wait for your profit margin to reach a high during a market boom. 

Depending on several factors, the value of Bitcoin can rise sharply or hit a downward spiral. Always study the market to ensure that you are getting the best price for your investment in BTC.

Some cryptocurrency exchanges charge exorbitant fees for crypto sales. However, if you choose a good exchange such as NakitCoins or Coinbase, you will save a lot of money in transaction fees. Coinbase charges about 1.49% of your overall transaction amount; while NakitCoins transaction fees can be as low as 1%.

Different crypto exchanges may set their own fixed daily and monthly withdrawal limits. So, learn how to buy cryptocurrency online without any hassle.

Pros and cons of buying Bitcoin in person

In-person trades are normally faster than when you use an exchange. Buying Bitcoin with cash directly from another trader is one of the most anonymous ways to buy crypto. However, there are a few downsides to talk about.

Sellers may set higher prices, so you may end up paying more per Bitcoin than if you use an exchange. Not to mention the fact that it can be risky to buy Bitcoin in person from people you don’t know.

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