Buy Bitcoin & Crypto in Oregon

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 Oregon
  • eToro
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
  • 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 customers
    • High liquidity; good for buying large amounts of crypto
    • Based in the USA

CoinbaseCoinbase 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.

Pros
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with debit card
Cons
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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
Buy Bitcoin Read Review

Coinbase ProCoinbase Pro 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.

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
Buy Bitcoin Read Review

Bitcoin IRABitcoin IRA Buy Bitcoin

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.

We may receive compensation when you use Bitcoin IRA. Please visit Bitcoin IRA for its exact pricing terms.

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
Buy Bitcoin

GeminiGemini 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.

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
Buy Bitcoin

KrakenKraken 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. Users can buy bitcoin, ethereum, dogecoin and dozens of other coins.

Pros
  • 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
Cons
  • Requires ID verification, so not private
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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
Buy Bitcoin Read Review

CEX.ioCEX.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.

Pros
  • Support for many countries and regions
  • Low 0.2% trading fee
  • Established and trusted exchange
Cons
  • Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
  • GBP market lacks liquidity
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Ease of Use
Average
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Privacy
Low
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Speed
Average
fees icon
Fees
Average
reputation icon
Reputation
Trusted
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Limits
Average
Buy Bitcoin Read Review

Swan BitcoinSwan 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.

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
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin

LocalBitcoinsLocalBitcoins 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.

Pros
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • 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
ease icon
Ease of Use
Hard
privacy icon
Privacy
High
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
Average
Buy Bitcoin Read Review

Bitcoin ATMsBitcoin 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%.

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

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Bitcoin & Cryptocurrency Trading in Oregon


If you're an Oregonian looking to learn about Bitcoin in your state, you've come to the right place. We're going to take a look at the laws relating to Bitcoin and cryptocurrency, check out the exchanges available to residents of Oregon, and answer a few frequently asked questions.


Oregon welcome

Neither Bitcoin nor any other cryptocurrency is regulated by the state of Oregon. While this means that there are no restrictive laws stopping individuals from buying, selling, or transacting in Bitcoin, it also means that there is not a clear regulatory framework for businesses wishing to deal in cryptocurrency.

The Oregon State Legislature passed House Bill 2488 in 2019, which explicitly prohibits the government from settling any payments in cryptocurrency. It also outlaws those running for office from accepting campaign donations in crypto, something which is allowed on a federal level.


bitcoin with gavel

Oregon's approach stands in contrast to its northern neighbor Washington, which has taken an active approach to regulating the industry. While this has caused some headaches for crypto firms, it has also established a strong legal footing on which businesses can operate.

Still, there are a number of Bitcoin-related businesses open in Oregon.

BitcoinNW operates 10 Bitcoin ATMs in Oregon, and 10 others spread across Utah, Idaho, and California.



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 the cash in your pocket into cryptocurrency in your (virtual) wallet.

If you're considering Bitcoin as part of your personal investment strategy, read on to find out what's available to residents of the Beaver State.


close up physical bitcoin blue chart

The best way to purchase Bitcoin in Oregon is through one of the many reputable exchanges open for business in the state. See below for our review of the best U.S.-based and international options.

Another option is to use LocalBitcoins, which is a peer-to-peer marketplace where you can organize trades with other individuals who are looking to buy or sell Bitcoin. This means that you can use any payment method you on which you both agree. PayPal, bank transfers, and gift cards are some of the most common on the site.

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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Top Bitcoin & Cryptocurrency Exchanges in Oregon


Oregon has access to many large Bitcoin and cryptocurrency exchanges.

Take a look at our favorites below:

  • Popular Exchanges to Buy Bitcoin & Crypto in Oregon
  • eToro
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
  • 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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Best Bitcoin Wallets for Oregon



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

Best for Security

ledger nano x

Ledger Nano X

Secure storage for any cryptocurrency

Visit Website

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

atomic wallet logo

Zengo

Best for storing crypto for short period of time

Learn More

ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

Learn More

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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Hacks and Crypto Scams in Oregon


As with any new and often-misunderstood technology, unscrupulous individuals have taken advantage of others' naivety.

WealthCurrency

The FBI and Assistant U.S. Attorney for the District of Oregon brought charges in 2019 against two Nigerian nationals who they accused of defrauding investors.

In December 2017 - at the height of Bitcoin's mainstream popularity - Onwuemerie Ogor Gift and Kelvin Usifoh allegedly began to solicit deposits from investors looking to make 20-50% returns on their investment: "guaranteed."

Investors could pick from the Silver, Gold, or Diamond plan offered by WealthCurrency, one of the websites set up to perpetuate the scam.

wealthcurrency homepage
Source: WealthCurrency, via Archive.org

WealthCurrency ticked just about all the boxes there are to recognize a potential scam:

✔ Guaranteed high-yield returns
✔ "Zero-risk" to investors
✔ Referral bonuses
✔ A less than professional website

WealthCurrency even advertised its physical location as 60 Wall Street, NY, which is the headquarters of Deutsche Bank.

After taking in more than 50 BTC from investors, Gift and Usifoh transferred 10.88 Bitcoins to other wallets, where it eventually ended up being exchanged for Nigerian Naira.

HitBTC Impersonators

Two Canadian brothers pleaded guilty to charges of conspiring to commit wire fraud and money laundering after defrauding an Oregonian woman out of 23 BTC.

Karanjit Singh Khatkar and Jagroop Singh Khatkar, residents of Surrey, British Columbia, collaborated to create the fake Twitter account @HitBTCAssist. After over a year of running the account, they were contacted by the unwitting victim and responded to her questions, eventually convincing her to send through information which allowed them to take over her email and subsequently her HitBTC and Kraken accounts.

hitbtcassist twitter

According to the indictment, Karanjit Khatkar bought a Mercedes-Benz with CAD$56,598. The Khatkar brothers also traveled to casinos, gambling with tens of thousands of dollars while staying at high-end casinos in Las Vegas.

As Karanjit had transferred his brother's half of the stolen BTC directly to his Kraken account, the fraudsters weren't hard to trace. In July 2019, Karanjit was arrested at McCarran International Airport after returning to Las Vegas. Jagroop appeared voluntarily for his arraignment in December of that year.

Both brothers were sentenced to two years in federal prison.

Spotting a Scam

The Better Business Bureau has compiled a list of common Bitcoin and cryptocurrency hacks and scams. It's worth reading over and checking any investment you're considering against it.

The WealthCurrency scam would fall under the first type, as a high-yield investment scam, while the Khatkars' was a classic phishing scheme.

High-Yield Investment Scams: These scams attract consumers with promises of high interest rates on investments. They operate like pyramid schemes, which generate returns for older investors through revenue paid by new investors, as opposed to legitimate business activity and investments. Consumers will see small daily returns in their accounts, but eventually the returns stop and the scammers run off with all the investment funds.

Bitcoin Wallet Scams: All users of Bitcoin require a wallet to store, send, and receive their currency. Sadly, scammers have discovered ways to create fake wallets and defraud consumers. These fake wallets are downloaded by consumers and operate for a few days. Once the deposit level reaches a certain limit, the funds are removed by the scammers and consumers are left empty-handed.

Bitcoin Phishing Scams: These scams usually involve consumers receiving emails to inform them they have won or been gifted Bitcoins. In order to collect their e-currency, they must click on a link leading to a wallet, where their username and password is required. To the victim's surprise, the provided link is to a fake wallet site and scammers have now gained access to the victim's wallet and the Bitcoin held therein.

Bitcoin Donation Scams: These are instances where scammers have created fake donation pages, asking consumers to donate in Bitcoin. Even when donating, it is necessary to research the cause, the charity, and the person behind it thoroughly before arranging the transfer of any e-currency.

E-Currency Exchange Scams: E-Currency exchange scams are often linked to employment or advance fee loan scams. Consumers are sent funds via e-transfer, credit card, or check, and are asked to exchange the funds for Bitcoin. They are then instructed to deposit the funds in another Bitcoin account to pay for interest charges or office supplies (depending on the nature of the scam). Eventually, the initial payment is found to be fraudulent and the consumer is held accountable to pay for the initial funds that were transferred.

Better Business Bureau Get a Handle on Virtual Currencies


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Bitcoin Mining in Oregon


The Northwest has some of the U.S.'s most abundant hydroelectricty, and cheap power attracts Bitcoin miners.

However, most have so far gone across the border to Washington, where energy prices are roughly 1 cent per kilowatt hour (kWh) cheaper. This might not sound like a lot, but a 1 cent difference can represent an almost 40% increase in the cost of Bitcoin miners' key raw material.

Still, there are a number of large Bitcoin mining operations in Oregon.

Ted Valkov runs Amity Labs, an Oregon-based miner and provider of mining equipment. He started the company out of his home in The Dalles and has significantly expanded the operation since then.

Amity Labs a local family-owned tech company based in The Dalles, Oregon. We were founded by a MIT-trained engineer and executive, and stand out by our ability to connect different realms of technology to create new business opportunities and to achieve significant operational improvements.


We are one of the pioneers of large-scale cryptocurrency mining in Oregon. Our systems development business gave us a head start in the blockchain space. In 2013, we were experimenting with building CPU mining rigs and modifying open source blockchain protocols. With the advent of ASICs mining in 2014, Amity Labs recognized the potential of Oregon to become a hub of blockchain computing infrastructure.


Central Oregon and Washington are blessed with the right resources and people to become a major location for the development of advanced computing infrastructure. If done properly, the creation of facilities for blockchain, AI, or HPC can bring significant economic benefits to our inland communities.


Despite the attention that Bitcoin miners have drawn after moving to the Northwest in search of cheap power, it's still a niche industry.

Bitcoin mining currently accounts for about one third of one percent of Northwest power use, according to Massoud Jourabchi, manager of economic analysis for the Northwest Power and Conservation Council, which studies the region's energy needs.

While some see it as a "flash in the pan" (such as Jourabchi) others may view Oregon and the Northwest as the prime location for taking advantage of cheap renewable power and investing in the future of money, all the while creating local jobs and helping to create steady demand for energy.


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FAQ


Does Coinbase Work in Oregon?

coinbase homepage

Yes, Coinbase is available to Oregon Bitcoin investors. You can buy, sell, and trade all available cryptocurrencies on the platform.

Does Gemini Work in Oregon?

coinmama homepage

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

Does Coinmama Work in Oregon?

coinmama homepage

Yes, Coinmama is available in Oregon.

Does Kraken Work in Oregon?

kraken homepage

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

Where Can I Find a Bitcoin ATM in Oregon?

The best way to find a Bitcoin ATM in Oregon is to check out the map below from our Bitcoin ATM locator.

You can also use a site like CoinATMRadar, which allows you to view the closest Bitcoin ATMs to you and even check see prices for supported digital assets.

bitcoin atm map Oregon

Where Can I Spend Bitcoin in Oregon?

The majority of stores that accept Bitcoin as payment are found online. You can shop any of Overstock.com's more than 500,000 products, from furniture to jewelry, and pay for it all in Bitcoin, or buy yourself some new tech gear on Newegg.com

You can also buy VPN services with Bitcoin, donate to Wikipedia, or top up your Microsoft account.

Another option is to use a Bitcoin debit card, which allows you to load the account with crypto and have it converted to fiat at the point of sale. These cards can be used anywhere that accepts MasterCard or Visa.