{"id":16285,"date":"2021-08-24T13:04:32","date_gmt":"2021-08-24T13:04:32","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=16285"},"modified":"2021-08-25T05:42:07","modified_gmt":"2021-08-25T05:42:07","slug":"the-best-crypto-exchange-to-buy-bitcoin-without-a-bank","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/the-best-crypto-exchange-to-buy-bitcoin-without-a-bank\/","title":{"rendered":"The Best Crypto Exchange to Buy Bitcoin Without a Bank"},"content":{"rendered":"
With tons of options now available, looking for your very own trading headquarters can be a little intimidating. Many traditional exchanges have upgraded their systems, cleaned up their user interfaces, and made trading much easier. However, most of these exchanges will require you to link a bank account\u2014and for the millions of people out there that don\u2019t have access to one, that could be a problem.\u00a0<\/span><\/p>\n If you\u2019re looking to get started in crypto without having to use a bank account, Paxful may be the way to go.\u00a0<\/span><\/p>\n Paxful<\/span><\/a> is the <\/span>world\u2019s leading peer-to-peer (P2P) crypto marketplace<\/b>. It has nearly 400 payment options, allowing you to get <\/span>Bitcoin (BTC)<\/b>, <\/span>Ethereum (ETH)<\/b>, and <\/span>Tether (USDT)<\/b> at ease. With a robust security system and state-of-the-art blockchain analysis tools to back you up, it\u2019s also a very safe place to start.\u00a0<\/span><\/p>\n If you aren\u2019t familiar with how P2P trading works, think of it as the modern-day form of barter. This system will basically allow crypto sellers to trade their funds for whatever they want, choosing the way they get paid\u2014e-wallet funds, gift cards, cash payments, or even other digital currencies.\u00a0<\/span><\/p>\n In comparison to the style of trading found on more traditional exchanges, P2P marketplaces switch it up and personalize the whole trading experience. In doing so, they create opportunities that\u2019ll allow users to not only trade efficiently but also make money in the process. It\u2019s also worth noting that P2P platforms will often have lower fees.\u00a0<\/span><\/p>\n When it comes to fees on Paxful, the platform makes it ridiculously easy to start. You can choose from thousands of offers from trusted sellers and <\/span>buy Bitcoin<\/b><\/a> with <\/span>as little as 10 USD<\/b> and <\/span>zero fees<\/b>. <\/span><\/p>\n Although the whole concept of P2P trading may be a little intimidating at first, it\u2019s not at all that complicated. Paxful\u2019s process is straightforward and very beginner-friendly. In fact, you can get your first BTC in three simple steps:\u00a0<\/span><\/b><\/p>\n <\/p>\n <\/p>\nWhat is Paxful?<\/b><\/h2>\n
Creating an account and buying your first BTC<\/b><\/h2>\n
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\n<\/b>The first step to getting your hands on some BTC is by <\/span>creating an account<\/span><\/a>. After signing up, you\u2019ll get your free BTC wallet and you\u2019re ready to start trading. <\/span>
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\n<\/span>Input your preferences\u2014the payment method you want to use and your preferred currency\u2014and click <\/span>Find Offers<\/b>. From there, you\u2019ll see a list of offers to choose from. All you need to do is pick the one you like and move on to the next step. <\/span>
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\n<\/span>Pro tip: Use the filters on the side to find the best deals from the platform\u2019s most trusted sellers.<\/span><\/i><\/li>\n<\/ul>\n\n
\n<\/b>Once you find one that you like, click on the <\/span>Buy<\/b> button and quickly go over all the offer details. When you\u2019re ready to trade, input how much BTC you want to buy, and then click <\/span>Buy now<\/b>.<\/span>
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\n<\/span>As soon as the trade starts, you\u2019ll be sent a set of instructions on how to pay. Follow them carefully, send in your payment, mark your trade as <\/span>Paid<\/b>, and give your trade partner a few minutes to verify everything. <\/span>
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\n<\/span>Pro tip: you can check <\/span><\/i>Bitcoin\u2019s price today<\/span><\/i><\/a> before you start the trade so that you can get an idea of how much BTC you\u2019ll receive.<\/span><\/i><\/li>\n<\/ul>\n\n
\n<\/span>Once your payment is verified, the seller should release the BTC from escrow into your Paxful Wallet. From there, all that\u2019s left to do is to leave feedback and the trade is complete.<\/span><\/li>\n<\/ul>\n