Post
Topic
Board Altcoin Discussion
Re: Do you buy or sell crypto for cash?
by
hritevanz
on 28/03/2018, 00:45:47 UTC
Hey guys,

I'm doing a little research now about using cash (paper money) for direct buying or selling crypto in different countries and I need your help. Could you share please your experience of such deals in your country? In what way are you doing this? And what were the problems or the advantages of this way? If you can, please tell about which country you speak, then this research will be more practical.

The results of this research can help improve Dether dapp (https://dether.io/) the beta release of which will be in the coming days. The main strategic mission of this project is the breaking barriers to the mass adoption of Ether and crypto in general. The team believes that a convenient, mobile, decentralized, p2p way to buy and sell crypto for cash is able to significantly contribute to this and their opinion is shared by Consensys in the person of Ethereum co-founder, Joseph Lubin, which support them. I'm also long-standing and sincere contributor to Dether and I will be grateful to you for your help in this research Smiley

p.s.
Recently, Dether team interviewed citizens of ten countries to learn how to deal with the purchase / sale of crypto in general, in their countries. If you are interested to know what crypto enthusiasts from Tanzania, Czech Republic, Senegal, Vietnam, Congo, Philippines and others countries talk about it, you can get acquainted with the results of the interview in this Medium article https://medium.com/@DETHER/the-good-the-bad-and-the-ingenuitive-what-it-is-really-like-to-buy-and-sell-cryptocurrency-8fdfbfc2aee7. In this thread, as you already understood, I want to learn about the ways of buying / selling crypto directly for cash.


As of now, I have only sold crypto for cash. Buying cryptos is much work but I might do it in the future. Anyways, selling crypto for cash is like selling a product then earning an exchange from it. Here in the Philippines, I already bought clothes and wrist wear as a salary-like from selling crypto. And it is pretty good. It might take too much work but it is worth it.