: 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.
: 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. fastest way to buy bitcoin 2017
: Sites like LocalBitcoins and Paxful facilitated direct trades between individuals. Using local payment methods like domestic wire transfers or even cash-in-person often bypassed the multi-day waiting periods of centralized exchanges. Top Exchanges & Platforms of 2017 : While the actual "buy" button was instant
: 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 : Sites like LocalBitcoins and Paxful facilitated direct