It’s no secret that cryptocurrency is one of the hottest investments around. And Ethereum is one of the most popular cryptocurrencies out there. So, can you buy Ethereum in cash?
The answer is…maybe. While there are a few ways to do it, there’s no one definitive answer.
One option is to find an Ethereum ATM. These are becoming more common, but they’re still not available in every city.
And even if there is an Ethereum ATM near you, there’s no guarantee that it will accept cash.
Another option is to find a Bitcoin ATM and use it to buy Bitcoin with cash. Once you have Bitcoin, you can use a service like ShapeShift to convert it into Ethereum.
However, this can be a bit complicated for newcomers to cryptocurrency.
Finally, you could try to find someone who’s willing to sell you Ethereum directly for cash. This can be tricky, as there’s no way to know for sure that the person you’re dealing with is legitimate.
And even if you do find a reputable seller, you’ll likely have to pay a higher price than you would if you were buying Ethereum through an exchange.
So, as you can see, there are a few ways to buy Ethereum with cash. But none of them are particularly easy or straightforward.
If you’re serious about investing in cryptocurrency, your best bet is probably to use an exchange like Coinbase or Gemini that allows you to buy Ethereum (and other cryptocurrencies) with traditional currency like dollars or euros.