Cash

Coin ATM Radar

A map that allows you to find Cash to Bitcoin ATMs in any location in the world.

Bitcoin Depot

A company that specalizes in making cash to Bitcoin machines in the USA.

Risks of Buying Bitcoin with Cash

Buying bitcoin with cash can be relatively low risk, but there are some considerations:

• For in-person trades, meet in a public place to reduce the risk of scams or theft.
• When using cash deposits, use an escrow service (like LocalBitcoins or BitQuick) to ensure you receive the bitcoins after payment.

Benefits and Advantages

• Easy to buy small amounts of bitcoin
• Private - often no personal information required
• Fast - minimal or no verification process

Disadvantages

• Can be difficult to buy large amounts
• Bitcoin ATMs may have limits or require verification for larger purchases

Why Higher Prices?

Bitcoin ATMs often have prices 5-10% higher than global rates due to:

• Increased privacy (no ID verification or personal information required)
• Convenience factor

ID Verification Risks

Providing ID to exchanges carries some risk:

• Potential for data breaches
• However, exchanges typically have strong security measures