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I'm an 18-year-old guy who wants to get some bitcoins but I don't have a Bank account yet.

I've been looking at some websites, such as bitstamp.net or blockchain.info but they seem like they are having problems (each one with its own problems).

What would be a fast way of converting cash into Bitcoins or cash into PayPal into bitcoins? (I don't know wich method can be used to get bitcoins, I'm really new to this.)

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3 Answers

Read up about chargeback, this is unfortunately a huge problem when you exchange from bitcoins to 'PayPal dollars' and other online currency.

However, you can buy bitcoins with cash: https://localbitcoins.com/

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I enter localbitcoins.com and i saw that there is only one person who i can go to, the other ones are way too far. The problem is that he only accepts paypal, transference, skrill, accounts on EU and USA. That leads us to another problem: How can i convert cash to paypal money without having a bank account? –  Garmen1778 Mar 12 '13 at 0:23
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There are cash deposit methods for those in the U.S., Canada, Australia, New Zealand, India, Russia, Brazil, Singapore, Malaysia, Nepal, Bangladesh, and Philippines. So you may have that option.

You can even send cash in the mail. BitcoinNordic in Denmark accepts cash (USD, EUR, GPB, and more) in the mail, as do a handful of others.

Meeting up with someone and doing an in-person cash trade might work as well:

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You can set up an account at http://www.bitfloor.com.

They have an option there to fund your account directly, with CASH deposited IN PERSON at any Bank of America branch in the United States.

Once deposited, funds are typically available within 30 to 60 minutes.

I've used their cash-dep service twice and found it reliable. Follow the clear, simple instructions you receive carefully. (Get the amount / account numbers right!)

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