Bitcoin Buying Guide

Easy ways to buy bitcoin :

How Bitcoin ATMs Work

Step 1 - Get a Bitcoin Wallet

We recommend the following easy-to-use wallets. You’ll need to take this wallet (or a printed QR code) with you, to the machine.

Recommended mobile wallets for android : Electrum, Mycelium, Jaxx, Coinomi, Edge wallet, Copay.io, SamouraiWallet.

Recommended mobile wallets for IOS : BRD, Jaxx Liberty, Coinomi, Green, Abra, BlueWallet.

Step 2 - Find the Nearest ATM

Find the closest ATM near you on the map.

There are over 38583 bitcoin and crypto ATMs in the world at this moment.

Step 3 - Scan Bitcoin QR Code

Tap the machine’s touchscreen, then read the on-screen prompt.
Select cryptocurrency: Bitcoin
In your wallet, look for the ,,Receive’’ option and it should display your QR code and a long string of mixed characters which is your bitcoin wallet address tied to that QR code.
Hold it up to the machine’s camera, the machine will scan it.
This tells the machine where to send your Bitcoin once you’ve confirmed your purchase.

*ID verification may be required for larger transactions.

Step 4 - Purchasing Your Bitcoins

After scanning the QR code, insert your bills into the machine.
Confirm the amount on the screen to complete your purchase.

Please note that there will be a service fee, which varies based on the Bitcoin market conditions.

Step 5 - Receiving Your Bitcoins

Once you’ve confirmed your purchase, your bitcoins will be sent to the address you provided*.
Transactions are usually instantaneous, but may take anywhere between 10–30 minutes, or even 1–2 hours in rare cases.
Now you can use the coins to purchase your desired product from our marketplace.

There is no need to worry about safety or anonymity. The Cash Cow marketplace Escrow system has a built-in CoinJoin mechanism (it mixes your coins with coins of other users), so nobody will be able to trace the source of your funds or the purpose of your transaction.

2. Bitcoin Exchanges

| What Is a Bitcoin Exchange?

A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using your credit/debit card or bank account. You simply have to register, fund your account using card payment/deposit or bank transfer, verify your identity and start buying bitcoin.

| Here’s a list :

If you decide to purchase from an exchange, all of them have a built-in wallet which will hold the bitcoins you bought, you can transfer the coins directly from that wallet to Cash Cow marketplace or you can first deposit them to another wallet (see recommended wallets above) and then proceed with a final transfer to us.

3. P2P exchanges/markets

On P2P (peer-to-peer) marketplaces, buyers and sellers of bitcoin meet and trade with each other. Some of these P2P markets will allow anonymous purchases. They won’t force you to identify yourself.

Popular platforms :

Bisq www.bisq.network

Buy and sell bitcoin for fiat (or other cryptocurrencies) privately and securely using Bisq’s peer-to-peer network and open-source desktop software. No registration required.

Hold Hodl www.hodlhodl.com

Hodl Hodl is a global P2P Bitcoin trading platform that allows users to trade directly with each other and they do not hold user’s funds but lock them in multisig escrow. This minimizes the possibility of Bitcoin asset theft and reduces trading time. Because Hodl Hodl does not hold any money, digital or fiat, it is not subject to complex identity verification procedures.

Localbitcoins www.localbitcoins.com

One of the most popular P2P crypto exchanges on the market today.

Paxful www.paxful.com

One of the most popular peer to peer exchanges on the market today, Paxful boasts that they accept over 300 different payment methods. These methods include PayPal, Western Union, gift cards, rewards points, or even physical assets such as a car.

LocalCoinSwap www.localcoinswap.com

LocalCoinSwap is a great P2P exchange where you can buy and sell many kinds of crypto assets in a decentralized but safe manner. There is no identity verification required, but you may need to show ID to certain sellers when using a bank transfer.

The process for buying bitcoin using a P2P exchange is typically as follows:

Browse through listings by payment type (eg. bank transfer, PayPal, gift cards, cash, etc.), amount, location of seller, reputation, and so on.
Initiate a trade. Doing so locks up the bitcoin in an escrow account.
Send the agreed payment amount via the agreed payment method.
The seller then confirms receipt of the payment via the website or app .This triggers the bitcoin to be released from escrow to your Bitcoin wallet.
In some cases, the purchased bitcoin will be released from escrow directly to the Bitcoin wallet of your choosing. In other cases, it will first be sent to your peer-to-peer platform account wallet.

You can now proceed to purchase your desired product from our marketplace.

4. Cash App

With Cash App you can purchase Bitcoin within a couple of seconds and withdraw it to a another wallet. Fees for all Bitcoin purchases are 1.75%, some of the lowest in the market.

Getting Started with Cash App

Here’s how it works:

Download the app for iPhone or Android
Create a Cash App account
Connect Cash App to your bank account
Add cash to your Cash App

When you have money in Cash App, you can:

Send money to friends
Receive money from friends
Pay for stuff
Buy/sell stocks
Buy/sell Bitcoin

Let’s get started.

To purchase bitcoin using your Cash App:

Tap the Bitcoin tab on your Cash App home screen
Tap Buy BTC
Select an amount tap … to enter a custom amount
Enter your PIN and select Confirm

Purchasing bitcoin requires that you have a balance in your Cash App. You may also need to enter additional geographical information.

How to Withdraw Bitcoin from CashApp

To access withdrawals, tap on the home icon in the bottom left. This will take you to the “My Cash” screen. From here, tap on Bitcoin. Your total balance will be displayed and below information is shown about your wallets.

To withdraw, tap on the “Withdraw Bitcoin” button. Choose the amount you want to transfer, then scan a QR with the wallet address or copy/paste it manually. Always double check the wallet address before you transfer any Bitcoin. The last step is to enter in your CashApp PIN code.

Now you can withdraw the coins from your Cash App account directly to our marketplace.