Quickest Way — To Buy Bitcoin 2017

: Coinbase was the undisputed king for this in the US/Europe, while platforms like CEX.IO and Bitstamp served massive global audiences.

: You signed up, passed a basic automated identity check, linked a Visa or Mastercard, and bought directly at the quoted retail price.

Using a credit or debit card on a localized retail crypto broker was the fastest digital method involving plastic. quickest way to buy bitcoin 2017

: You would browse local or global listings of independent sellers who were willing to trade Bitcoin for various payment methods. You would open a trade, and the platform placed the seller's Bitcoin into an automated escrow account. You then sent the payment directly to the seller via methods like cash deposit at a bank, wire transfer, PayPal, or even gift cards. Once the seller confirmed receipt of the funds, the platform released the Bitcoin to your wallet.

The fastest ways to buy Bitcoin in depended on whether you were willing to pay higher fees to bypass lengthy identity verification (KYC) processing delays. During the massive crypto bull run of 2017, centralized exchanges were notoriously overwhelmed, making alternative methods the absolute fastest routes to acquire the asset. ⚡ 1. Bitcoin ATMs (BTMs) : Coinbase was the undisputed king for this

: 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.

: Instantly after your account creation and payment method were approved. : You would browse local or global listings

: Under 15 minutes from arrival to having the coins broadcasted to your wallet.