How To Buy Bitcoin in Arkansas?
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Easiest and cheapest ways to buy crypto in Arkansas
No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Arkansas is a bit harder than in some other countries so we have compiled a list of exchanges where Arkansas citizens can buy bitcoin.
Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
Trading fees:
Fees vary
Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more
A variety of fiat currencies supported
Over 100 cryptocurrencies supported
A regulated and trustworthy company
Large user base and widely popular
Provides a Coinbase debit card
No future or margin trading
Higher trading fees than main competitors have (Binance for instance)
Crypto.com
Fees – Medium
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, CAD, and 10+ more
Crypto.com is a prominent cryptocurrency exchange with support for a range of crypto assets and blockchain-related products.
More info +
Deposit fees:
Free
Withdrawal fees:
Vary from coin to coin
Trading fees:
0.04% – 0.2 %
Payment Methods:
Credit card, Cryptocurrency, PayPal, Wise, SEPA
Supported fiat:
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR, and more
An extensive list of supported cryptocurrencies
Transparent, competitive fees with discounts available
Support for an ecosystem of cryptocurrency products
Higher fees unless you hold and use CRO
Poor customer support
Trading fee discounts can be confusing to navigate
Paybis
Trading Fees – Average
Verification – 1 day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, and more
Paybis is a cryptocurrency exchange based in Scotland and in the UK. It was launched back in 2014 so it has longevity on the crypto market. The exchange has offices in Glasgow, as well as in Riga, Latvia.
More info +
Deposit fees:
Free (there is a transaction fee – 2.49%)
Withdrawal fees:
Free
Trading fees:
0.99 – 2.49 %
Payment Methods:
Bank Transfer, Credit/Debit Card, Skrill, and Neteller.
Supported fiat:
USD, EUR, GBP, and 40+ more
A lot of payment methods and fiat currencies supported
It is regulated
The longevity of the crypto market
Easy-to-use interface
The number of supported cryptocurrencies could be higher
No advanced trading features
Best Bitcoin Wallets in Arkansas
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
ZenGo is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
No major flaws
Electrum is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Not completely open source
Ledger Nano X is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Small display
complicated to setup for newbies
Kraken
Fees – Average
Verification – 2-3 Days
Reputation – Trusted
Supported fiat – USD, EUR, GBP, JPY, CAD
Kraken is one of the oldest and biggest centralized cryptocurrency exchanges on the market. It was founded in San Francisco, California, the United States, in 2011. It has over 6 million users all over the world. Kraken offers 90+ cryptocurrencies that you can buy, sell, and trade.
More info +
Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
Trading fees:
Maker: 0.16%Taker: 0.28%
Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
Supported fiat:
USD, EUR, GBP, JPY, CAD
170+ countries supported
Never been hacked
Mobile App (iOS and Android)
Various payment methods
A wide range of cryptocurrencies is available
Fees slightly above the industry average
Limited customer support
Deposit fees:
Free
Withdrawal fees:
0.001 BTC
Trading fees:
0.10% – 0.35%
Payment Methods:
Credit/debit cards, Local bank transfer
Supported fiat:
USD
Ability to set real-time market limit orders
Low fees
Clean user interface
Strong reputation
Exclusive to a limited number of countries
CoinSmart
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – CAD
Coinsmart is one of the most popular Canadian crypto exchange alternatives. It was founded in 2018 by Justin Hartzman and Jeremy Koven. Considering that it’s a relatively new exchange, Coinsmart has managed to come a long way and build a reputation through its strong customer support and wide range of custom tools.
More info +
Deposit fees:
0 – 6 %
Withdrawal fees:
1% ($15 Minimum)
Trading fees:
0.20% for a single trade and 0.40% for double trade
Payment Methods:
Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets
Supported fiat:
CAD
Beginner-friendly
Strong customer support
Includes a referral program
Supported by Canadian Bank
USA citizens can’t use the platform
A limited list of supported cryptos
Paxful
Fees – Average
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, CAD, AUD + more
Paxful is “the Uber of the Bitcoin”. It is a crypto exchange based in the US that has over 200 employees. Paxful was launched back in 2015 so it has been around for quite some time now. The founders of Paxful are Artur Schaback and Ray Youssef.
More info +
Deposit fees:
Free
Withdrawal fees:
0.5% – 5%
Trading fees:
No buyer fee, seller fee varies from 0.5% to 5%
Payment Methods:
Over 350 payment methods are available
Supported fiat:
USD, EUR, GBP, CAD, AUD, and many more
An incredible number of payment methods
Easy-to-use platform
Available in more than 180 countries
Security is on a high level
No trading features
It is not regulated
Frequently asked questions about buying Bitcoin in Arkansas
Downtown Little Rock.
Yes, it is available.
Yes, it is available.
The original platform stopped accepting U.S. users in 2019 and announced it would instead partner with a U.S.-based version of its platform called Binance.US. For example, Italian regulators announced on July 15 Binance was no longer authorized to operate in the country.
Here’s a quick guide for buying your first Bitcoin:
Step 1 – Get a Bitcoin wallet.
Step 2 – Locate your Bitcoin address.
Step 3 – Choose the amount of Bitcoin to buy.
Step 4 – You will be navigated to Binance, where you can enter your Bitcoin address and payment information.
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