: For those with physical access, Bitcoin ATMs provided one of the quickest ways to convert cash into Bitcoin. Users could scan their wallet QR code and insert banknotes to receive funds almost instantly, though fees ranged significantly from 3.1% to 17.6%.
: Linking a bank account via ACH typically required a 3-5 day waiting period for funds to clear before they could be used to purchase coins. fastest way to buy bitcoin 2017
: Once purchased and sent to a personal wallet, transactions generally required six confirmations on the blockchain, which took roughly 1 to 1.5 hours to complete. How can I invest in bitcoin? - The Guardian : For those with physical access, Bitcoin ATMs
: While the actual "buy" button was instant on many apps, the initial Identity Verification (Know Your Customer) process could take anywhere from a few hours to several days during peak traffic in late 2017. : Once purchased and sent to a personal
: Platforms like Coinbase and CEX.IO allowed users to buy Bitcoin instantly after verifying their card. However, this convenience typically came with lower weekly limits (e.g., $150 per week on Coinbase) and higher fees compared to bank transfers.