Buy Crypto & Bitcoin in Nevada

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  • Popular Exchanges to Buy Crypto & Bitcoin in Nevada
  • 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
  • kraken exchange logo
    Kraken
    BUY NOW at Kraken's Secure Site
    Fees
    Varies
    Account Minimum
    Varies
    Promotion
    Up To $1,000
    • Great liquidity and low fees
    • Supports most countries
    • Trusted exchange, started in 2011

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
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Fees
Average
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Reputation
Trusted
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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
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Fees
Low
reputation icon
Reputation
Trusted
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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
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Privacy
Low
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Speed
Slow
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Fees
Low
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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
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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
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Fast
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Fees
Average
reputation icon
Reputation
Trusted
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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
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Privacy
Low
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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 Nevada


The state of Nevada has taken a very pro-crypto stance in regards to blockchain and cryptocurrenies in general. Bills passed in 2019 further grant rights and liberties to cryptocurrency firms and individual investors.

Senate Bill 398's passage in 2017 enshrined blockchain's status as "a type of electronic record for the purposes of the Uniform Electronic Transactions Act," which is a set of legislation concerning the retention of paper records (in particular bank checks) and the validity of electronic signatures. This means that “if a law requires a record to be in writing, submission of a blockchain which electronically contains the record satisfies the law." The Bill also prohibits local governments from taxing or restricting the use of blockchain technology.

Following the success of SB398 in attracting blockchain technology firms to the state, Nevada's Governor signed four further blockchain bills in 2019.

  • SB161 – Creates a regulatory sandbox for emerging technologies companies through a program in the Department of Business and Industry

  • SB162 – Creates a definition for “public blockchain” within Nevada Revised Statutes and requires government agencies to accept electronically certified documents, including those on a blockchain

  • SB163 – Authorizes businesses to store and maintain corporate records on a blockchain

  • SB164 – Defines virtual currencies as intangible personal property and therefore exempts them from personal property taxation
Source: Coindesk

Currently, the Nevade Gaming Control Board has no regulations regarding the use of cryptocurrencies on the gaming floor.

The board’s current policy is, we don't use cryptocurrency directly to conduct gaming activity. We have stated previously, if an entity or licensee wants to come forward, they would need to show us how they want to do it, and they also need to show us how their KYC (know your customer) requirements occur.

Jim Barbie, Chief of the control board’s technology division.

Still, it appears that Nevada's gaming industry is looking at ways customers can make use of cryptocurrencies while at their establishments.

Many casinos and hotels have added bitcoin kiosk locations within their facilities. But they have also noticed that there are an almost equal number of transactions that turn cash into bitcoin. This is leading many gaming industry observers to see that cryptocurrency is being used like cash so there needs to be an effort to find a way to bring crypto to the casino table games and slot machines.

You can’t bury your head in the ground about crypto anymore when you’re talking about billions of dollars. There is something real happening.

Omer Sattar, co-CEO of Sightline Payments

In 2021, Resorts World Las Vegas announced a partnership with Gemini to allow customers access to their digital currency in all areas of the strip, not just shopping and money exchange. Currently, the integration will be for non-gaming transactions aimed to enhance the guest experience using technology-driven conveniences.

So even if you currently can't use crypto at a Vegas gaming table, there are lots of ways to purchase and use crypto.

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.

Bitcoin ATMs allow you to purchase Bitcoin using cash. A Bitcoin ATM transaction takes just a matter of minutes, making it one of the quickest ways to turn cash into cryptocurrency in your (virtual) wallet.

Regardless of how you obtain your Bitcoin, you'll need to store it securely. If you lose your funds, Bitcoin's trustless and decentralized nature means there's no one you can turn to. This means that storing it safely in a wallet is important. Read on to find out more about the best Bitcoin and cryptocurrency wallets.


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Best Bitcoin Wallets for Nevada



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

  • 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 Nevada


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

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

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Dogecoin How to Buy Dogecoin in Nevada


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 Nevada that Support Dogecoin
  • 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 Nevada


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

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

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Hacks and Crypto Scams in Nevada


BitClub Network Fraud

In March 2022, Gordon Beckstead, of Henderson, Nevada, admited his role in the scheme to defraud investors in the BitClub Network. The scheme was in operation from April 2014 to December 2019, defrauding investors of $722 million.

The scam solicited money from investors in exchange for shares in a purported cryptocurrency mining pool that also rewarded investors for recruiting new investors into the scheme. Matthew Brent Goettsche, BitClub Network’s creator and operator, and Silviu Catalin Balaci, Russ Albert Medlin, Jobadiah Sinclair Weeks, and Joseph Frank Abel, were charged by indictment in December 2019 in connection with the BitClub Network scheme. Beckstead's role in the scheme was to launder the funds earned by the club into other bank accounts and assets.

In Beckstead's role as accountant he admited to knowingly preparing false tax returns for 2017 and 2018. Beckstead further admitted to controlling bank accounts associated with the entities and directing transfers to and from the accounts exceeding $50 million. Beckstead acknowledged that the transfers were designed to conceal the source of Goettsche’s income, disguise Goettsche’s ownership of certain property and assets paid for with BitClub Network proceeds, and to help Goettsche evade tax reporting requirements. Beckstead also admitted that he and others provided false and misleading information to financial institutions to conceal the source of Goettsche’s income.

Circle Society, Corp. Fraud

It seems that wherever there is the opportunity to make a quick buck, there are people willing to defraud others in order to do so. Nevada is no exception. A number of Nevada residents have been caught using Bitcoin for fraudulent or illicit ends.

In 2019, the U.S. Commodity Futures Trading Commission filed a civil enforcement action against David Gilbert Saffron of Las Vegas and Circle Society, Corp., an entity created by Saffron. The CFTC accused him of fraudulent solicitation, misappropriation, and registration violations relating to an investment scheme that drew in more than $11 million through Circle Society. Saffron falsely represented his trading history and expertise, and promised investors returns of up to 300%. He also claimed to trade on behalf of Mark Cuban, billionaire tech entrepreneur and investor.

All that might have been excusable if he had actually delivered the returns, but instead of trading binary options on off-exchange forex and cryptocurrency pairs, Saffron held a large chunk of the money in his own personal crypto wallet and paid out dividends to early investors from later investors' contributions.

Digital assets and other 21st century commodities hold great promise for our economy. Fraudulent schemes, like that alleged in this case, not only cheat innocent people out of their hard-earned money, but they threaten to undermine the responsible development of these new and innovative markets. America must be a leader in this space, and we will only succeed if these markets have integrity.

Heath P. Tarbert, CFTC Chairman

The CTFC is seeking full restitution to defrauded investors, disgorgement of ill-gotten gains, civil monetary penalties, permanent registration and trading bans, and a permanent injunction against future violations of the Commodity Exchange Act and Commission regulations.


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FAQ


Does Binance Work in Nevada?

Binance homepage

Yes, Binance is available for customers in Nevada.

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 Nevada?

coinbase homepage

Coinbase is available to Nevada Bitcoin investors.

Does Gemini Work in Nevada?

gemini homepage

Nevada residents can use Gemini to buy, sell, and store their crypto.

Does Coinmama Work in Nevada?

coinmama homepage

Yes, Coinmama is available in Nevada.

Does Kraken Work in Nevada?

kraken homepage

Kraken's full suite of services is available in Nevada.

Does Kucoin work in Nevada?

kucoin homepage

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

Where Can I Find a Bitcoin ATM in Nevada?

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

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

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

How Much are Fees at Bitcoin ATMs in Nevada?

bitcoin atm fees Nevada

There is a price for the convenience of buying or selling Bitcoin with cash at an ATM, and that price can vary from 5-20%. As you can see at the above Bitcoin ATM - located outside Reno - this can push the actual cost of a Bitcoin quite a bit above the spot price. Whether or not it's worth the convenience is up to you to decide.

Where Can I Buy Bitcoin for Cash in Nevada?

In addition to any Bitcoin ATM in Nevada, you can also use peer-to-peer marketplaces to organize face-to-face trades with sellers looking to exchange their Bitcoin for cash. LocalBitcoins is the most established P2P exchange, though there are other such as Paxful and LocalCryptos, the latter of which uses smart contracts for escrow. This can only work for gift card or bank transfers, not in-person transactions.

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.