Even though the USD has fallen, over the years, it remains one of the most powerful currencies. Because of this, if you want to purchase Bitcoin, it is one of the best currencies that you can use. That is why, in this guide, you are going to learn all about where to go, if you want to buy Bitcoin with USD.
Purchasing Bitcoin Locally With USD
If you live in the United States, then there are several ways you can purchase Bitcoin locally with USD.
The simplest, and easiest, way to purchase Bitcoin locally is by using an online marketplace – Paxful and Local Bitcoins are two of the best – and finding local sellers. Finding these local sellers should lead you to two options: meeting with the seller directly and paying in cash, or depositing that money into the sellers bank account.
Both of these options work very well, and allow you to purchase Bitcoin in cash.
But, there are two other options that you should consider. The first of which is using a MoneyPak card, which can be found at just about any Walgreens, and the second is performing a Walmart 2 Walmart transfer. Regardless of which option you choose, you will be able to buy Bitcoin locally with USD.
Purchasing Bitcoin Online With USD
Most people choose to Purchase Bitcoin online. The reason for this is quite simple: purchasing Bitcoin online is a lot easier than purchasing it locally. But, with that being said, there are a lot more ways you can purchase Bitcoin online, and this can make it hard to find the best way to purchase Bitcoin.
For the easiest and safest Bitcoin purchasing experience, you cannot go wrong with Paxful. Paxful is a Bitcoin marketplace that allows you to sell and purchase Bitcoin. Paxful takes there security very seriously and, because of this, it is, as a marketplace, far safer than many others. You can purchase large quantities of Bitcoin, on Paxful, with USD.
For an experience that is more versatile, but less secure and more anonymous, Local Bitcoins is a favorite. Even though the name implies that these Bitcoins are purchased locally, the truth is a little more complex than that, since you have access to a wide range of sellers and buyers, many of whom will not be too local to your area. But, you can still pay online, and with USD.
There is one other Bitcoin platform to know about, and that’s Coinbase. Coinbase is very popular and, because of this, it is very secure and reliable. You can, of course, use USD to buy Bitcoin on Coinbase. You can also use just about any other currency, as well.
Beyond those two platforms, you can also visit Bitcoin ATMs, which allow you to purchase Bitcoin with cash. Many people are reluctant to use these ATMs, though, since they contain some pretty heft fees.
Conclusion
In the end, there are a lot of places you can visit if you want to purchase Bitcoin with USD. Due to being such a powerful currency, it’s supported just about anywhere. Make sure to research where you are buying Bitcoin, though, so that you know if it’s legitimate or not.