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Honest question. Where would you go if you regularly wanted to buy say $5000-10000 worth of bitcoins using cash?

(or for that matter wanted to quickly convert $5000 worth of bitcoins into cash)



LocalBitcoins and non-US-based bitcoin exchanges (funding via e.g. Western Union) for the cash-in.

The problem remains the cash-out, but for smaller quantities one can use Localbitcoins again.


The buy sell spread on LocalBitcoins seems to be in the region of $150-200/bitcoin for cash deals. That doesn't seem too attractive for using bitcoin as an alternative to a checking account.




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