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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.
eToro is a trading platform based in the United States. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer or ACH. It also offers unique features like copy trading.
Your capital is at risk.
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.
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.
Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
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.
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.
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.
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.
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.
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.
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%.
Featuring ATM operators Bitcoin Station and Coinsource, Rhode Island has 5 Bitcoin ATMs. Located in Cranston, Pawtucket, and Providence, all of them are buy-only. They're also limited in the type of cryptocurrencies you can buy, as they support only Bitcoin.
Until recently, Rhode Island didn't have any laws for regulating cryptocurrencies. The state is now recognizing the potential of growing its economy through blockchain and virtual currencies.
Its General Assembly recently passed House Bill 7989 regarding the Economic Growth Blockchain Act. The bill addresses the need to implement blockchain technology and improve the economy with groundbreaking solutions of the 21st century.
In 2019, the Rhode Island General Assembly also brought up House Bill 5776 to address virtual currencies and their regulation. In case of approval, the bill would exempt some cryptocurrencies from the securities law regulations.
They also proposed House Bill 5996, which deals with property taxation. If the state enacts the bill, businesses engaged in crypto also wouldn't need to pay taxes on their transactions.
As of January 1, 2020, Rhode Island regulates virtual currencies under the Money Transmitter Law. That means that any business looking to engage in crypto must obtain a license from the state.
Rhode Island looks promising when it comes to building a crypto hub and leveraging the blockchain technology. However, it has several more pending bills regarding virtual currencies. We're yet to see whether it will establish a crypto-friendly environment for relevant businesses or not.