I wanted to finally get in on the cryptocurrency ‘thing’ and so i started poking around and found several guides that discussed how to buy a cryptocurrency, primarily Bitcoin. One of the better guides i found is 101+ Best Ways to Buy Bitcoins Online in 2017. After spending a lot of time looking at these coin brokers and reviewing their “privacy” policies and what personal information they required, i got rather disgusted with the whole thing. And then i thought about another approach…
Why not just find a private party that has the cryptocurrency i wanted and offer to trade for dollars? And so i emailed one of my favorite independent journalists/analysts and said “hey, if i donate $60 to you, will you send me $50 in Bitcoin and you can keep the $10?”. For me this was a win-win-win thing because the $10 went toward a worthy cause instead of some cryptocurrency broker and i got my coin and i didn’t have to create any website accounts or give up any personal information.
So if you’re looking to make a small splash in the cryptocurrency pool, you might want to try my method.