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You'll need a Bitcoin wallet before you buy since some exchanges require one.
Don't have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.
eToro is a trading platform based in the United States. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer or ACH. It also offers unique features like copy trading.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.
Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.
Coinbase's exchange, Coinbase Pro, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
Bitcoin IRA offers a tax-advantaged way to invest in Bitcoin and Ethereum using your 401k or other retirement savings.
Bitcoin IRA is a US licensed IRA custodian, so you know your crypto or Bitcoin IRA is in full compliance with the Federal Government.
Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.
Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.
Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
Gemini is a New York-based Bitcoin exchange, open to residents of the United States, UK, Canada, Hong Kong, Japan, Singapore and South Korea. Deposits can be made via wire transfer, SEPA or ACH transfer.
Swan Bitcoin is a dollar cost averaging Bitcoin exchange, where users can set up recurring Bitcoin purchases to be drafted from their bank account or credit card every month or week.
Get $10 in free BTC when you make your first purchase.
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
Alaska is one of the top 5 US states that is falling behind on Bitcoin and other digital currencies. At the moment, there isn't a single Bitcoin ATM or teller in the state. Simply put, people don't have anywhere to buy or sell their Bitcoin, only online.
A report by Crescent Electric Supply Company on bitcoin mining in the US puts Alaska in the company of Hawaii, Connecticut, Massachusetts, and New Hampshire. These are the worst US states for mining as the costs are far too great.
Isolated states have it worse than others because they don't have a developed energy infrastructure. Not only are their energy rates are really high, but it's also difficult to supply energy for large Bitcoin mining farms. Alaska has an average cost per mining a single Bitcoin at $7,059, with only Hawaii being more expensive at $9,483.
Alaska defines digital currencies as digital units meant for exchange that rely on decentralized repositories. They have a pending bill HB 180, which was referred to authorities in 2018. If this bill passes, those companies that deal with digital coins will be regulated as currency exchange or money transmitters who need an adequate license.
At the moment, Alaska is a gray state without any Bitcoin regulation. However, mining is really poor, and there are only a small number of individuals who engage in such practices. At the same time, Bitcoin payments are popular in Alaska. But if you want to invest in mining or trading Bitcoin, there are many better states in the US to do so.
One of the easiest ways to buy Bitcoin in Alaska is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Alaska, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
Alaska has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
There are three main types of Bitcoin wallet and all of them are supported in Alaska:
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.
Cryto Alaska is known ponzi scheme running out of another country (currently unknown). The scheme targets Alaska residents and guarantees to double any Bitcoin investment in 24 hours.
It should go without saying, but any service or investment opportunity that guarantees to double your money (especially in 24 hours) is either running a ponzi scheme (where they pay you out of new investor funds) or, in this case, they just accept your bitcoins and never talk to you again.
Do not send these scammers any of your cryptocurrency.
Yes, Binance is available for customers in Alaska.
However, you cannot simply go to binance.com and sign up for an account.
Binance has a special website for US based customers at Binance.us
Due to US regulations, Binance US is more strict about handling KYC and AML of new customers.
This just means that verification may take a little longer than it would on regular Binance.
The biggest difference between Binance US and regular Binance is the coin support as well as some of the features available to users.
Because of this, you shouldn’t just look at the supported coins listed on binance.com and assume Binance US will sell it to you. It’s a good idea to make sure that the Binance US coin support list shows the coin you want to buy.
Users in Hawaii cannot use any of Coinbase’s services.
User in Alaska can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in Alaska can use all of Gemini’s products and services.
Users in Alaska can use all of Coinmama's products and services.
Users in Alaska can use all of Kraken’s products and services.
Currently, no banks or credit unions in Alaska will accept Bitcoin deposits. Alaska has a long way to go until we see any sort of legislation allowing traditional banking institutions to cusotdy Bitcoin or other cryptocurrencies for its customers.
There are currently no Bitcoin ATMs in Alaska.