Can You Buy Bitcoin Without an Exchange Like FTX? We Tried.

Bitcoin is supposed to be a “trustless” token, but you’ll still need to place your trust in someone or something.


Illustration by Barron’s Staff

FTX’s bankruptcy got us wondering: Can you buy

Bitcoin

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without going through an exchange?

FTX, quite simply, didn’t safeguard customer assets. Creditors who thought their crypto was safe are now trying to recoup around $3 billion through bankruptcy proceedings.

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