Buy Crypto & Bitcoin in South Carolina

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  • Popular Exchanges to Buy Crypto & Bitcoin in South Carolina
  • eToro exchange logo
    eToro
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
    BUY NOW at eToro's Secure Site
  • coinbase exchange logo
    Coinbase
    • US based crypto & Bitcoin exchange
    • Best way to buy crypto in the US
    • Instantly connect bank account and buy
    BUY NOW at Coinbase's Secure Site
  • coinbase pro logo
    Coinbase Pro
    • Some of the lowest fees available for US customers
    • High liquidity; good for buying large amounts of crypto
    • Based in the USA
    BUY NOW at Coinbase's Secure Site

CoinbaseCoinbase
Buy Now at Coinbase's Secure Site

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, Canada, and Australia.

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

Get up to $36 in free crypto when you signup using Coinbase Earn.

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
reputation icon
Reputation
Trusted
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Limits
High
Buy Now Read Review

Coinbase ProCoinbase Pro
Buy Now at Coinbase Pro's Secure Site

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
Buy Now Read Review

Buy Now at Gemini's Secure Site

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
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitcoin IRA's Secure Site

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
fees icon
Fees
Low
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Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Coinmama's Secure Site

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.

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
Buy Now Read Review

Buy Now at Swan Bitcoin's Secure Site

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
ease icon
Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitcoin ATMs's Secure Site

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 Now

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Bitcoin & Cryptocurrency Trading in South Carolina


South Carolina has taken a forward-thinking approach to the roles that Bitcoin and cryptocurrency can play in both the economic and political spheres.

While the state's House Ethics Committee shot down an attempt to allow political candidates to receive donations in Bitcoin, the State Senate recently passed a bill recognizing the importance of blockchain technology. This piece of legislation highlights the urgent need to adopt the revolutionary technology throughout the state, and to transform South Carolina into the capital for the real-world application of the emerging technology of blockchain.

The passage of the bill - along with its unwieldy title “A Senate Resolution To Acknowledge The Importance Of Emerging Blockchain Technology And To Call Upon The Residents Of South Carolina To Join In Encouraging The Promotion Of Blockchain Technology In Our State” - on March 10, 2020 means South Carolina is well on its way to becoming the blockchain hub of the Southeast.

Bitcoin in South Carolina doesn't suffer from overregulation. The state's money tramsitter laws currently make no mention of Bitcoin, meaning those transacting in the digital currency need only comply with the applicable federal laws.

Q: Is the transmission of virtual currency regulated under the Act?


A: The Money Services Division views virtual currencies as lacking the characteristics necessary to be a medium of exchange. Therefore, it is the view of the Division that virtual currencies alone do not qualify as monetary value. However, to the extent that virtual currency transactions also involve the transfer of fiat currency, they may be subject to money transmission regulation under the Act. For more information, see the Division’s December 5, 2018 interpretation.


For situations in which an automated machine, or ATM, is involved with the transfer of virtual currency, please see Order MSD-19003 to assist in determining if a license would be required in South Carolina.

South Carolina Attorney General, Money Services Frequently Asked Questions

In addition to regulatory approval, there is strong private sector interest in Bitcoin in the Palmetto State.

PalmettoChain is a Charleston-based public-private consortium that describes its mission as "help[ing to] build South Carolina as a leader in sovereign run blockchain utilities and become the first digital state in the USA." By developing use cases, exploring market segments, and educating leadership figures as well as the public, PalmettoChain aims to raise awareness and usage of blockchain in the state.

If you're looking to invest, trade, or transact in Bitcoin, the best way to purchase it in South Carolina 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 South Carolina


South Carolina has access to many large Bitcoin and cryptocurrency exchanges.

Take a look at our favorites below:

  • Popular Exchanges to Buy Crypto & Bitcoin in South Carolina
  • eToro exchange logo
    eToro
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
  • coinbase exchange logo
    Coinbase
    • High liquidity and buying limits
    • Easy way for newcomers to get bitcoins
    • "Instant Buy" option available with debit card
  • coinbase pro logo
    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 South Carolina



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

  • 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

Zengo

Best for storing crypto for short period of time

More About
Zengo

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

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 South Carolina


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


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Dogecoin How to Buy Dogecoin in South Carolina


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 South Carolina that Support Dogecoin
  • eToro
    • Supports Dogecoin buying & selling
    • Coins supported:
    • Dogecoin btc eth ltc
    BUY Dogecoin NOW at eToro's Secure Site
  • Coinbase
    • Supports Dogecoin buying & selling
    • Coins supported:
    • Dogecoin btc eth ltc usdt
    BUY Dogecoin NOW at Coinbase's Secure Site
  • Gemini
    • Supports Dogecoin buying & selling
    • Coins supported:
    • Dogecoin btc eth ltc usdt
    BUY Dogecoin NOW at Gemini's Secure Site

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 South Carolina


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


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Hacks and Crypto Scams in South Carolina


As with any new and often-misunderstood technology, unscrupulous individuals have taken advantage of others' naivety when it comes to Bitcoin and cryptocurrency.

One recent scam cut right to the chase. A handful of residents of Mount Pleasant, SC, received the following letter in the mail. In it, the would-be extortionist warned that they "knew about the secret you are keeping from your wife and everyone else."

bitcoin scam letter

The letter went on to demand a $20,800 "confidentiality fee," payable in Bitcoin. It gave detailed instructions on how to purchase Bitcoin using LocalBitcoins and then send it to the scammer's wallet.

Police shared the letter publicly to raise awareness and warn anyone who received it not to send any money to the scammer.


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Bitcoin Mining in South Carolina


Despite taking an overall pro-crypto stance, South Carolinian legislators have not hesitated to enforce the law as it applies to blockchain businesses.

One example of this was the state's cease and desist order against Genesis Mining, one of the world's largest cloud mining services.

The South Carolina Attorney General's Office Securities Division alleged that Genesis Mining and its business partner Swiss Gold Global illegally entered into unregistered contracts with South Carolina residents.

14. At all times relevant to this Order, Respondent Genesis Mining continuously offered investment opportunities in Mining Contracts to South Carolina residents through its website.


15. At no time relevant to the events stated herein was Respondent Swiss Gold Global registered with the Divison as a broker-dealer, and no exemption from registration has been claimed by Respondent Swiss Gold Global.


16. At no time relevant to the events stated herein were the securities at issue registered with the Division or federal covered securities, and no exemption from registration has been claimed by the Respondents.

South Carolina Attorney General's Office Securities Division

The story has a happy ending, though.

Genesis Mining's Chief Compliance Officer Shah Hafizi - who previously worked in the same role at the multi-trillion dollar investment firm BlackRock - announced that the company had come to an agreement with the South Carolina Attorney General's office after five months of negotiations.

The Securities Division of the South Carolina Attorney General's office announced that after reviewing relevant information it had found "good reason to vacate the [cease and desist] order."


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FAQ


Does Binance Work in South Carolina?

Binance homepage

Yes, Binance is available for customers in South Carolina.

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. It’s a good idea to make sure that the Binance US coin support list shows the coin you want to buy.

Does Coinbase Work in South Carolina?

coinbase homepage

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

Does Gemini Work in South Carolina?

coinmama homepage

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

Does Coinmama Work in South Carolina?

coinmama homepage

Yes, Coinmama is available in South Carolina.

Does Kraken Work in South Carolina?

kraken homepage

Kraken's full suite of services is available in South Carolina.

Where Can I Find a Bitcoin ATM in South Carolina?

The best way to find a Bitcoin ATM in South Carolina is to use our Bitcoin ATM finder tool and find the one nearest you.

About the Author: Jordan Tuwiner

author

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.