We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
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.
- Popular Exchanges to Buy Bitcoin & Crypto in Florida
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Coinbase- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
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Coinbase Pro- Some of the lowest fees available for US and EU customers
- Possible to buy bitcoins for 0% fees
- Run by Coinbase
Coinbase Popular Buy Bitcoin Read Review
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.
We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms.
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
- Purchases made with bank transfer can take up to 5 days to complete
- Coinbase may track how and where you spend your bitcoins
CEX.io Buy Bitcoin Read Review
CEX.io lets you buy bitcoin with a credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Purchases made with a credit card give you access to your bitcoin immediately. CEX.io works in the United States, Europe, and certain countries in South America.
We may receive compensation when you use CEX.io. Please visit CEX.io for its exact pricing terms.
- Support for many countries and regions
- Low 0.2% trading fee
- Established and trusted exchange
- Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
- GBP market lacks liquidity
Coinbase Pro Popular Buy Bitcoin Read Review
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.
We may receive compensation when you use Coinbase Pro. Please visit Coinbase Pro for its exact pricing terms.
- Some of the lowest fees available for US and EU customers
- Possible to buy bitcoins for 0% fees
- User interface is confusing for first time buyers
Gemini Buy Bitcoin
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.
- Trustworthy and regulated exchange
- Instant deposit lets you buy coins quickly (but not withdraw them)
- Some of the lowest fees in the US and Canada
- Somewhat confusing to use for new buyers
- Not yet available in all US states
BitcoinIRA Buy Bitcoin
BitcoinIRA offers a tax-advantaged way to invest in Bitcoin and Ethereum using your 401k or other retirement savings.
BitcoinIRA is a US licensed IRA custodian, so you know your IRa is in full compliance with the Federal Government.
We may receive compensation when you use BitcoinIRA. Please visit BitcoinIRA for its exact pricing terms.
- Tax Advantaged Bitcoin Savings
- Easy to set up account
- Cannot custody the Bitcoin yourself
Kraken Buy Bitcoin Read Review
Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries. Deposits can be made via bank wire, SEPA, ACH and SWIFT.
- Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
- Very low maker fee, falling to 0% with sufficient trading volume
- Highly-rated for security and data protection
- Requires ID verification, so not private
Swan Bitcoin Buy Bitcoin
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.
- Easy to set up
- Automated dollar cost averaging
- Very low fees
- First purchase takes awhile
- No way to sell on platform
LocalBitcoins Popular Buy Bitcoin Read Review
LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer.
Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States, Europe (besides Germany), UK, Singapore, Canada, Australia and many more.
We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms.
- Can be private, fast and easy
- In-person trades require no personal information
- Purchases of bitcoin can be made quickly via cash deposit
- Beware of scams; always follow the rules!
- Harder to buy large amounts of bitcoins compared to large exchanges
- Slightly to significantly higher prices than regular exchanges; premium for higher privacy
BitQuick Popular Buy Bitcoin Read Review
BitQuick is one of the fastest ways to buy bitcoins in the United States using cash deposit. Users can browse a wide range of offers at various prices. Once a desired offer is found, buyers visit a bank to make a cash deposit into the seller's account. Buyers then usually receive their bitcoins within an hour.
We may receive compensation when you use BitQuick. Please visit BitQuick for its exact pricing terms.
- One of the fastest ways to buy bitcoins
- More physically secure than other cash payment methods as one pays the money to a bank teller
- 2% fees for buyers are somewhat high for cash trading
- Prices vary and can be much higher (or even lower) than the current Bitcoin price
Bitcoin ATMs Buy Bitcoin
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%.
- Our map makes it super easy to find a Bitcoin ATM near you
- Bitcoin ATMs often have 5-10% fees per purchase
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Chapter 1
Bitcoin & Cryptocurrency Trading in Florida
House Bill 1379 in Florida defines cryptos and prohibits laundering of virtual currency. Thanks to tough legal requirements, selling Bitcoin in the state requires a Money Services license in addition to the maintenance of an anti-money laundering program.
Such restrictions make Florida a difficult state to do Bitcoin-related businesses in. Mining activity in the state is also limited. There are some small companies mining cryptocurrencies in the state but no major corporation has started a mining hub.
Despite this, there appears to be some support from politicians. Alison Foxall, for example, accepted contributions via Bitcoin while campaigning. Adrian Whyllie, who ran for governor in the state in 2014, is another big name who openly supports the use of Bitcoin.
If you do want to buy Bitcoin in Florida, one of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Florida, 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.
COMPARISON
Another way to buy Bitcoins in Florida is through automated teller machines (ATMs). These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification, so long as you aren’t buying a lot of Bitcoin. This makes them more private than exchanges.
Local Bitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. Local Bitcoins 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.
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Chapter 2
Top Bitcoin & Cryptocurrency Exchanges in Florida
Florida has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
- Popular Exchanges to Buy Bitcoin & Crypto in Florida
- Coinbase
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
- Coinbase Pro
- Some of the lowest fees available for US and EU customers
- Possible to buy bitcoins for 0% fees
- Run by Coinbase
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Chapter 3
Best Bitcoin Wallets for Florida
There are three main types of Bitcoin wallet and all of them are supported in Florida:
- Software (desktop or mobile - iOS and Android wallets
- Hardware wallet
- Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.
Best for Security
Ledger Nano X
Secure storage for any cryptocurrency
Visit WebsiteThe Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
Temporary Wallet
Atomic Wallet
Best for storing crypto for short period of time
Learn MoreAtomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features.
Best for Desktop
Electrum
Simple yet powerful desktop wallet
Learn MoreElectrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
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Chapter 4
Hacks and Crypto Scams in Florida
Twitter Hack
In mid-2020, a Florida teenager alledgedly gained access to Twitter's backend adm inistrative dashboard with the help of two accomplices (neither of which worked for twitter). With this access, the teen was able to control any twitter account he wanted.
He used this access to send tweets out using famous personalities, such as Joe Biden, Bill Gates, and Elon musk. In the tweets, he told followers to send Bitcoin to an address so he could send them back double what he received.
In total, the teen stole around $100,000 worth of Bitcoin before being shut out by Twitter.
Ultimately, the teen was caught and is facing 30 felony charges.
If any famous person asks you to send them Bitcoin, on twitter or elsewhere, it is best to assume the celebrity is being impersonated by a hacker. Do not send them Bitcoin.
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Chapter 5
FAQ
Does Coinbase work in Florida?
User in Florida can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
- Bank Account
- Deposit
- PayPal
- Credit Card
Does Gemini work in Florida?
Users in Florida can use all of Gemini’s products and services.
Does Coinmama work in Florida?
Users in Florida can use all of Gemini’s products and services.
Does Kraken work in Florida?
Users in Florida can use all of Kraken’s products and services.
Where Can I Find a Bitcoin ATM in Florida?
The best way to find a Bitcoin ATM in Florida is to use CoinATMRadar.com.
Here, you can filter by any of the most popular cryptocurrencies, find ATMs that support buying, selling, or both, and find stores and merchants that offer crypto services.
Where is Bitcoin accepted in Florida?
Bitcoin is accepted at lots of stores and service providers all over Germany. So many, in fact, that we couldn't possible list them all here. However, you can find specific kinds of services and goods filterable on a map over at coinmap.org.
Source: CoinMap.com
