Buy Crypto & Bitcoin in Georgia

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  • Popular Exchanges to Buy Crypto & Bitcoin in Georgia
  • etoro logo
    eToro
    BUY NOW eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Archived, "Virtual currencies are highly volatile. Your capital is at risk."
    Fees
    None
    Account Minimum
    $10
    Promotion
    None
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
  • coinbase logo
    Coinbase
    BUY NOW at Coinbase's Secure Site
    Fees
    0% - 0.50%
    Account Minimum
    None
    Promotion
    Earn $5
    • US based crypto & Bitcoin exchange
    • Best way to buy crypto in the US
    • Instantly connect bank account and buy

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, UK, Singapore, and Canada.

Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.

Get $5 in free bitcoin after you sign up on Coinbase and make your first trade.

Pros
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with debit card
Cons
  • Purchases made with bank transfer can take up to 5 days to complete
  • Coinbase may track how and where you spend your bitcoins
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High
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.

Pros
  • Some of the lowest fees available for US and EU customers
  • Possible to buy bitcoins for 0% fees
Cons
  • User interface is confusing for first time buyers
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Read Review

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.

Get $20 of free BTC after trading $100 or more within 30 days.

Pros
  • 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
Cons
  • Somewhat confusing to use for new buyers
  • Not yet available in all US states
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Ease of Use
Hard
privacy icon
Privacy
Low
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Speed
Slow
fees icon
Fees
Low
reputation icon
Reputation
Trusted
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Limits
High

Bitcoin IRABitcoin IRA

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.

Pros
  • Tax Advantaged Bitcoin Savings
  • Easy to set up account
Cons
  • Cannot custody the Bitcoin yourself
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Ease of Use
Average
privacy icon
Privacy
Low
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Speed
Fast
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Fees
Low
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Reputation
Trusted
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Limits
High

CoinmamaCoinmama

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.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High

Swan BitcoinSwan 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.

Get $10 in free BTC when you make your first purchase.

Pros
  • Easy to set up
  • Automated dollar cost averaging
  • Very low fees
Cons
  • First purchase takes awhile
  • No way to sell on platform
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Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

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%.

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase

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Bitcoin & Cryptocurrency Trading in Georgia


Georgia was the second US state to propose a law that would allow its citizens to pay taxes in Bitcoin and other cryptocurrencies. Two senators were backing up the law, tracking the legislative process of a similar law proposed by the state of Arizona. Unfortunately, this bill never made it out of committee during the senate session.


country image
A view of the city of Atlanta - the capital of the state of Georgia

Regardless, its still super easy to buy Bitcoin in Georgia and one of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Georgia, 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

ledger nano x folded

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $150
ledger nano s illustration

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $59
trezor model T

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $320
Trezor One

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $119

Another way to buy Bitcoins in Georgia 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. This makes them more private than exchanges.

You can use our Bitcoin ATM finder tool to find the one nearest you.

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. Similar to craigslist, this does introduce a degree of risk,. You can minimize that risk by conducting all business on the platform, making use of its escrow services, and only trading with users who have a good reputation.


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Best Bitcoin Wallets for Georgia



There are three main types of Bitcoin wallet and all of them are supported in Georgia:

  • 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

Ledger Nano X

Secure storage for any cryptocurrency

More About
Ledger Nano X

The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.

Temporary Wallet

zengo wallet logo

Coinbase

Best for storing crypto for short period of time

Learn More About
Coinbase

Coinbase is an easy-to-use iOS and Android crypto exchange and wallet. Start within 20 seconds.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

More About
Electrum

Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.


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Ethereum How to Buy Ethereum in Georgia


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 Georgia that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.

  • Exchanges in Georgia that Support Ethereum
  • eToro
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc doge
  • Coinbase
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc doge usdt
  • Coinbase Pro
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc usdt

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Dogecoin How to Buy Dogecoin in Georgia


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.

  • Exchanges in Georgia that Support Dogecoin
  • eToro
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc
  • Coinbase
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc usdt
  • Gemini
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc usdt

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 How to Buy Litecoin in Georgia


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

  • Exchanges in Georgia that Support Litecoin
  • eToro
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth doge
  • Coinbase
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth doge usdt
  • Coinbase Pro
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth usdt

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Bitcoin Mining in Georgia


It looks like Georgia may be another state to benefit from the crackdown in China on bitcoin mining. Georgia has been a favorable place for mining according to Foundry, a cryptocurrency company that operates Foundry USA, a large mining pool. Foundry reported that the state was responsible for more than 34% of the computing power in the pool during January 2022.

State Regulators have setup renewable energy credits for miners to offset their emissions and give them access to day-ahead pricing so they can throttle back operations if the rates are set to spike. These types of incentives have influenced crypto companies like Bitmain Technologies Ltd to increase their presence in Georgia. In September 2021, Bitmain said they plan on bringing another 56,000 miners into the state.

Mawson Infrastructure Group, an Australian firm, has decided to expand its mining operations into the state starting in August 2021. The company is negotiating with the city of Sandersville for an electricity cost of about $0.04 per kWh. Some miners are already operational and the expansion will continue. The company stated that it expects to have a hash rate of 5,000 PH/s by the end of 2022.


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Hacks and Crypto Scams in Georgia


In May of 2020, one of Georgia State Foundation’s third-party vendors, Blackbaud, was compromised by ransomware demanding Bitcoin. Blackbaud provides donor record-keeping services and stores donors’ personal information, including their full name, address, phone number, email address and Social Security number. Blackbaud eventually paid the Bitcoin ransom to make sure the cybercriminals would destroy the information.


Cyberattack in Georgia

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FAQ


Does Binance Work in Georgia?

Binance homepage

Yes, Binance is available for customers in Georgia.

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 Georgia?

coinbase homepage

Users in Georgia can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:

  • Bank Account
  • Deposit
  • PayPal
  • Credit Card

Does Gemini work in Georgia?

gemini homepage

Users in Georgia can use all of Gemini’s products and services.

Does Coinmama work in Georgia?

coinmama homepage

Users in Georgia can use all of Coinmama’s products and services.

Does Kraken work in Georgia?

kraken homepage

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

Does Kucoin work in Georgia?

kucoin homepage

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

Where Can I Find a Bitcoin ATM in Georgia?

The best way to find a Bitcoin ATM in Georgia 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.

Why doesn’t Square sell Bitcoin to Georgia users?

Georgia's citizens don't have the ability to buy and sell bitcoin using Square's cash app because there are more restrictive regulations around the brokering of cryptocurrencies in Georgia.

How do I cash out of Bitcoin in Georgia?

Any exchange listed above will allow you to sell your Bitcoin for fiat currency.

Another way to sell Bitcoins in Georgia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.

And, as mentioned previously, you can also use LocalBitcoins.

You could also use a service like eGifter to sell your Bitcoin for gift cards.

About the Author: Jordan Tuwiner

jordan tuwiner

Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.

He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.

To learn more about Jordan, see his full bio.