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eToro eToro allows you to buy Bitcoin & crypto in the United States.
It offers a free wallet, app, and is easy and quick to use for purchases.
Limited-time offer: Get $10 free once you trade $100 worth of cryptocurrency.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. BuyBitcoinWorldwide.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
Visit eToro's Website
Kraken Kraken is one of the USA's largest crypto exchanges. Kraken supports residents of Texas and has lowe fees. It supports Bitcoin, Ethereum and dozens of other coins. It's good for trading and has a unique interface. Visit Kraken's Website
Bitcoin ATMs in Texas You can use our Bitcoin ATM map to find a Bitcoin ATM machine in Texas. 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%. View Bitcoin ATMs in Texas
Uphold
Crypto exchange established in 2015. United States residents can buy bitcoin & crypto via wire transfer, credit card, debit card and ACH transfer.
Visit Uphold's Website 
Gemini
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.
Visit Gemini's Website 
Bitcoin IRA
Bitcoin IRA offers a tax-advantaged way to acquire Bitcoin via an IRA.
Visit Bitcoin IRA's Website 
Coinmama 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. Visit Coinmama's Website
River River.com supports residents of Texas. River is solid for users looking to buy only Bitcoin. River only supports bitcoin and not other cryptocurrencies.
Be sure to read our River Financial review. Visit River's Website
Coinbase Advanced Trader Coinbase's exchange, Coinbase Advanced Trader (formerly called 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 Advanced Trader offers good prices and low fees, but its confusing user interface may initially prove difficult to navigate. Visit Coinbase Advanced Trader's Website
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ATM-
| Exchange Name | Support for Texas |
|---|---|
| Binance | No |
| Coinbase | Yes |
| Coinmama | Yes |
| Kraken | Yes |
| Kucoin | No |
| Gemini | Yes |
| Uphold | Yes |
| Luno | No |
| Crypto.com | Yes |
The best way to find a Bitcoin ATM in Texas is to search and find one using our Bitcoin ATM finder tool.
You can view the closest Bitcoin ATMs to you, and even view live prices for supported digital cryptocurrencies.
It has not always been easy to find retailers willing to accept Bitcoin outside of some niche industries, and of course the numerous darknet markets that began with the Silk Road and have proliferated since then.
In the last few years, however, more and more stores have been offering payment with crypto. The Microsoft Store supports payment with Bitcoin, and Overstock.com's partnership with Coinbase allows you to pay for any of their products with crypto.
Coinmap has a list of brick and mortar retailers that accept Bitcoin for payment. Texas is well served by crypto-friendly businesses. Dallas has the highest concentration, closely followed by Austin, San Antonio, and Houston.
A number of charities accept Bitcoin for donations. Wikileaks and Wikipedia are two of the biggest and best known. The Tor Project accepts Bitcoin donations, as well as the Electronic Frontier Foundation.
Some big news recently has massively expanded the number of businesses where you will be soon able to spend your Bitcoin. PayPal announced in October 2020 that customers will be able to buy and sell Bitcoin within their platform. Additionally, you will be able to spend your crypto at all of the 26 million sellers around the world, whether it's paying for your monthly Netflix subscription or shopping on eBay. This feature - which is scheduled to launch in the U.S. in early 2021 - is a giant leap toward mainstream Bitcoin usage and adoption.
Bitcoin mining is the process of using a computer to perform the difficult calculations that secure the network and make Bitcoin a proof of work cryptocurrency.
While in the early days of Bitcoin you could earn sizable amounts of Bitcoin (and many people did) with just a desktop computer, these days the emergence of commercial mining farms with specialized hardware has made that all but impossible. Still, there are software programs you can run on any computer if you wish to see how it works just for curiosity's sake.
If you're looking to start a profitable mining operation, it's essential to calculate your profit factor using the amount of hash rate available to you, the current price of Bitcoin, the power consumption of your operation, and the cost of your electricity.
You can use our mining profitability calculator to see if you can be profitable mining in Texas.
With more and more institutions getting into crypto - and especially Bitcoin - you might be wondering if you can custody your own BTC with a bank. It's easy to imagine a future where you can log in to your online banking and simultaneously see that your paycheck has come through while watching the value of your crypto portfolio.
This year alone, there have been big steps in that direction. The state of Wyoming has issued two bank charters, one to Kraken Financial and one to Avanti. These two institutions are now classified as special purpose depository institutions (SPDIs). This designation is not quite a money transmitter license - the Holy Grail of bringing all payment flows in-house - but it does allow the two firms to conduct business that will help them achieve a money transmitter license in future.
For example, Avanti has been granted approval to issue its own stablecoin called Avit. After building up a record of responsible business dealings, the hope is that regulations will evolve to the point where crypto banks can do everything that the major retail banks can do.
It is difficult to state the over-importance of this milestone. This represents the development of an efficient, transparent, responsible nexus between the world of traditional finance and the developing crypto ecosystem. I think this is a historical time and the kind of thing that students of finance and history will look back on as a watershed moment for the development of financial assets.
However, there are no Texan banks that currently offer cryptocurrency wallets or custody to retail investors.
There has definitely been a large amount of progress in that direction, though. Every year it gets easier to invest in Bitcoin, and crypto services become more and more beginner friendly. JPMorgan's recent announcement that it will be providing banking services for Coinbase and Gemini is a sign that big things may be just around the corner.
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