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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%.
Washington DC is known for its strict regulations of the crypto industry. In 2017, the state officials passed theSenate Bill 5031, which placed regular state money-transfer rules onto Bitcoin exchanges. This forced several vendors to close down and move their operations.
Since last January,the state of Washington views Bitcoin as property and not as currency. At the moment, Washington-based crypto users have access to 11 Bitcoin exchanges, and since 2018, Coinsource installed 20 Bitcoin ATMs in the District of Columbia and Maryland.
When it comes to the percentage of crypto-owning people, Washington is one of the top five states in the US. It also has one of the biggest per-capita holdings. While mining is convenient in the US, it can be quite expensive. Mining consumes a lot of energy. An average Bitcoin transaction consumes 300 kW per hour. The number could potentially reach 900 kW, considering how many miners are there.
Washington, along with Louisiana, Idaho, Arkansas, and Tennessee are one of the five cheapest states for Bitcoin mining. The state was once home to GigaWatt, one of the most profitable and largest Bitcoin farms in the world. At the height of their success, the company owned by Dave Carlson made $8 million a month. Last January, Carlson closed down and filed for bankruptcy.
However, things are not so simple when it comes to mining in Washington, DC. There were cases of bitcoin miners going up rural Washington state in search of cheap electricity. The hunt led to a few cases of electricity theft in the area. Grant County even tried raising electricity rates by 50%, to try and capitalize on the mining craze. However, nine crypto companies sued the officials for the act.