How To Buy Ethereum With Cash? And How To Buy It With The Help Of An ATM?
This section explains how to invest in ETH with cash. Continue reading for full understanding. For various reasons, buying Ether directly from another party may be preferable. However, the regulations regarding these transactions of how to buy Ethereum may vary depending on the geographical area. Peer To Peer (P2P) online exchange usually always involves KYC and AML processes. P2P exchanges aim to facilitate over-the-counter (OTC) trading of local currencies for crypto assets such as BTC or ETH. Based on the structure of the Ethereum blockchain, OTC ETH trading benefits from Ethereum smart contracts to facilitate the process. P2P crypto services essentially act as marketplaces that allow users to pay local currencies to individual entities in exchange for various amounts of crypto assets such as Ether. These P2P platforms or services often use the escrow function. Transfer methods can include bank transfers, payment platforms, etc. Meeting someone in...