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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.
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This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
South Carolina has access to many large Bitcoin and cryptocurrency exchanges.
Take a look at our favorites below:
There are three main types of Bitcoin wallet and all of them are supported in South Carolina:
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.
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.
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.
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.
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.
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."
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.
In July 2021, Greenidge Generation announced in a press release that they will be developing a bitcoin mining location in Spartanburg, South Carolina.
This site, a retired print plant, is being leased for ten years and currently can draw 80MW of power, with the ability to increase that amount.
The company has commented that approximately two-thirds of the electricity used will be from zero-carbon sources.
In September, they announced the purchase of 10,000 S19j Pro bitcoin miners being delivered to the Spartanburg locations sometime in 2022.
But just because mining is growing in South Carolina doesn't mean that legislators have a relaxed attitude about regulating mining companies.
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 of 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.
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."
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.
Yes, Coinbase is available to South Carolinian Bitcoin investors. You can buy, sell, and trade all available cryptocurrencies on the platform.
South Carolina residents can use Gemini to buy, sell, and store their crypto.
Yes, Coinmama is available in South Carolina.
Kraken's full suite of services is available 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.