I don't have a paypal, but I would like to find a way to convert my cash into usable Bitcoins. I know that there is a way to do this using forumtravelling.us and going to a. If you really want to turn it into cash, establish an account at a well known exchange such as Coinbase and be prepared to eat the fees. Send your bitcoin from your. A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins: Find a seller in your area who accepts cash. Select amount of coins and place an order. Receive account number from the seller. Deposit cash into the seller's account. Upload your receipt to prove you made the deposit/trade. Receive bitcoins!