There is no other way, you have to find a crypto holder in your closest environment so you can buy it with physical currencies or items that you might sell. Basically, crypto transfer activities also require fees as miner's rewards. If your reason is to avoid any fees, it is not possible.


How do I top up my e-wallet balance for the first time?

Most of the bitcoin user including me like to keep the funds in bitcoin to avoid the unnecessary bank charges on fiat money.
If you want to convert your fiat in to crypto, you can have a deal with anyone in your area in person. You give him cash and in return he send you bitcoins on your wallet.
Another option is that you convert your money from bank to bitcoins by sending the money through bank to the person with whom you are buying the bitcoins. Normally banks do not charge money for withdrawal of money if the money is under certain limits (Daily withdrawal limit). However it depends upon your country rules and regulations.

P.S Please move this thread to bitcoin discussion. Thanks

Do you understand the history of physical currencies?
Banks are absolutely inevitable as long as you use physical currency, if crypto wins this war completely. You will not ask how to convert it because physical money is no longer used.
I will not call this a war, but a transition to more sophisticated and efficient technology. In fact, banks can also adopt blockchain technology.

Of course, banks will adopt blockchain technology over time. But even if (when) we transition to more advanced and efficient technology I doubt we will completely kick the banking institution out of the system. Banks will, as always, find their niche - savings, lending, financial management ...

I guess not   you will be left with the option to meet your traders in-person which others have pointed to be risky just opt to meet in public places.

I think these e-wallets are extension of banks though. They're essentially keeping the money for you just like banks, and still need bank connection to works. I like to call them 'mobile bank'.


Technically not possible, but that's just because the options we have are limited right now. If people start accepting digital currencies such as USDT maybe you don't have to use your bank account at all. Or you can do face to face deal as mentioned, but this would be so limited and impractical to do.

To purchase cryptocurrency, you need a digital fiat. Digital fiat inevitably goes through bank accounts and is stored on them. No matter how you want to avoid this, the bank will be involved in the process.

However, you can just give fiat to some person who has a certain amount of cryptocurrency, who in turn will transfer this very cryptocurrency to you in the right amount. The bank will still be involved here, but these will be two parallel processes that are virtually unrelated to each other.

We doesn't need banks for crypto transactions to be carried out, only we need fiat of banks for conversion so we have the blockchain technology but still we don't have merchants to accept cryptos that is why people keep converting their money into fiat for their usage.

Why cryptocurrency should defeat the bank if we can use the bank together, if crypto can work with the bank, that would be the perfect match between the physical money and digital money because people can choose what payment system they want to use. Besides that, I think not all people in the world will always want to use digital money or cryptocurrency. Imagine that person who doesn't know cryptocurrency or digital payment or e-wallets, and they will not use the other payment system except physical money or fiat.

But if you want to move your physical currencies, you still need the third party, whether it is a bank, local seller, or online seller, or whatever it is the name. Because physical money and digital money is different, but they work in the same concept. And whether you use the third party services, you need to pay the fee which will differ between each other.