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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.

A view of the city of Miami in Southern Florida, a growing tech hub

Despite this, the Florida environment is changing. In March 2022, Florida Governor Ron DeSantis said, “We will accept Bitcoin, we're working on doing that, for payments in the state of Florida. I've told the state agencies to figure out ways where if a business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that."

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.

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.

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.

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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.

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Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Florida that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.

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Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.

About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.

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Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Florida that allow you to buy litecoin and other crypto assets for good exchange rates.

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Florida offers cheap energy cost relative to the rest of the US, but there may be new reasons for miners to consider Florida.

In June 2021, Miami Mayor Francis Suarez began promoting Miami has an alternative to China for bitcoin mining companies. He is even talking about creating enterprise zones that would offer tax and infrastructure incentives to encourage mining companies to move to the city.

Suarez has been an advocate of bitcoin for some time, and he is excited about the prospect of Miami becoming a bitcoin mining destination. But he knows that there is competition with other states that may offer a more friendly crypto environment.

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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.

An example of a hacked Obama tweet asking followers to send Bitcoin

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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Does Binance Work in Florida?

Yes, Binance is available for customers in Florida.

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.

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 Coinmama's products and services.

Does Kraken work in Florida?

Users in Florida can use all of Kraken’s products and services.

Does Kucoin work in Florida?

As of now, Kucoin does not accept customers from any US state, including Florida.

Where Can I Find a Bitcoin ATM in Florida?

The best way to find a Bitcoin ATM in Florida is to use our Bitcoin ATM finder tool.

Here, you can filter by any of the most popular cryptocurrencies and find ATMs that support buying, selling, or both.

Where is Bitcoin accepted in Florida?

Bitcoin is accepted at lots of stores and service providers all over Florida. So many, in fact, that we couldn't possibly list them all here. However, you can find specific kinds of services and goods filterable on a map over at coinmap.org.