Buy bitcoin in US

[keros44]

Hello,

I need your help. I have a friend in the US who has cash and wants to send me bitcoin. The problem is that he doesn't know how to send it to me.

At ATM's the fees are very high and at banks I understand there are some problems and they won't let you buy. And on some apps like, CashApp or Kraken you can only deposit $5,000 in one day and it takes a few days for it to get approved into the bitcoin account. What else is the solution. I would point out that they have to send me a fairly large amount of money.

 

[Deleted member 1705787]

Many exchanges offer P2P You can use that to buy large amount of quantity

 

[keros44]

Many exchanges offer P2P You can use that to buy large amount of quantity

When you say P2P, do you mean a store or something online?

 

[keros44]

When you say P2P, do you mean a store or something online?

My friend should go to an exchange with cash and give him bitcoins in exchange. That's what he wants if possible.

 

[Deleted member 1705787]

When you say P2P, do you mean a store or something online?

Peer to Peer

 

[Deleted member 1705787]

My friend should go to an exchange with cash and give him bitcoins in exchange. That's what he wants if possible.

The service You looking for called OTC where you buy crypto with cash but unfortunately there is no company who do that in US

 

[keros44]

Well, how is my friend going to do that? Deposit the funds into his bank account, set up an account on a P2P app and buy bitcoin? You think the bank will let him buy bitcoin... $20,000 for example?

 

[Deleted member 1705787]

Well, how is my friend going to do that? Deposit the funds into his bank account, set up an account on a P2P app and buy bitcoin? You think the bank will let him buy bitcoin... $20,000 for example?

Using crypto exchanges lets you buy max upto $7500 at once even on a single card transaction. Rest it can depend upon the bank also.