Quickest Way To Buy Bitcoin 2017 Apr 2026
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)
For pure speed in 2017, nothing beat walking up to a physical machine with a stack of cash.
: Under 15 minutes from arrival to having the coins broadcasted to your wallet. quickest way to buy bitcoin 2017
: You paid a massive premium. Average transaction fees hovered between 8% and 15% . 🤝 2. Peer-to-Peer (P2P) Platforms
: You signed up, passed a basic automated identity check, linked a Visa or Mastercard, and bought directly at the quoted retail price. The fastest ways to buy Bitcoin in depended
: 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.
: 15 to 60 minutes , depending on how fast the seller responded and verified your payment. Bitcoin ATMs (BTMs) For pure speed in 2017,
If you did not want to leave your house or use a physical machine, P2P marketplaces were the fastest online alternative to traditional exchanges.