If you did not want to leave your house or use a physical machine, P2P marketplaces were the fastest online alternative to traditional exchanges.
: You would find a machine via directories like Coin ATM Radar . You typed in your phone number for a quick SMS verification, held your mobile wallet's QR code up to the scanner, and fed paper cash directly into the machine. quickest way to buy bitcoin 2017
: You paid a massive premium. Average transaction fees hovered between 8% and 15% . 🤝 2. Peer-to-Peer (P2P) Platforms If you did not want to leave your
Using a credit or debit card on a localized retail crypto broker was the fastest digital method involving plastic. : You paid a massive premium
: Instantly after your account creation and payment method were approved.
: Sites like LocalBitcoins and Paxful were the dominant players.
: You signed up, passed a basic automated identity check, linked a Visa or Mastercard, and bought directly at the quoted retail price.