AI responses may include mistakes. For financial advice, consult a professional. Learn more How to Buy Bitcoin Guide in 2017 - Information Age
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) quickest way to buy bitcoin 2017
: While highly convenient, this was expensive. Credit/debit card purchases typically carried heavy fees (often ranging from 3.50% to 5% ). Furthermore, during peak traffic spikes in late 2017, these platforms frequently suffered server outages and massive backlogs on manual ID verification. AI responses may include mistakes
: 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. During the massive crypto bull run of 2017,