How To Buy Bitcoin in Georgia?
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Easiest and cheapest ways to buy crypto in Georgia
Getting bitcoins in Georgia is not an easy task as not all popular crypto exchanges are available to Georgia citizens. This is a current list of bitcoin exchanges that allow users from Georgia to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
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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
An easy way for new users to purchase Bitcoin
More than 100 cryptocurrencies to choose from
A regulated and trustworthy company
High liquidity and purchasing limits
Confusing fee composition
Higher than usual fees
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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
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Uphold
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Uphold is a crypto exchange that has been in the game since 2015. The headquarters of the company is in NY, the US. It offers its users a multi-functional exchange of different assets, other than just buying and selling cryptocurrencies.
More info +
Deposit fees:
Free Withdrawal fees:
Free Trading fees:
Based on spreads Service fees:
1% – 3% Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc. Supported fiat:
USD, GBP, EUR, and 15+ more
Offers a beginner-friendly interface
Various advanced features
Unique “Anything-to-anything” trading service
Low fees
It is regulated by the US laws
Customer support can be better
Various trading limitations
A less organized educational section (compared to its competitors)
Best Bitcoin Wallets in Georgia
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
Read also:
- How To Buy Bitcoin in California?
- How To Buy Bitcoin in Connecticut?
- How To Buy Bitcoin in Delaware?
- How To Buy Bitcoin in Florida?
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Crypto.com
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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
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Coinmama
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Coinamma is one of the oldest cryptocurrency exchanges since it was launched back in 2013. The headquarters of the company is in Slovakia and its founders are Laurence Newman, Nimrod Gruber, and Ilan Schuster.
More info +
Deposit fees:
0 – 5 % Withdrawal fees:
None Trading fees:
2.9 – 3.9 % Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill Supported fiat:
USD, EUR, GBP, CAD, AUD
Simple, user-friendly interface
Various ways to deposit such as bank transfers or via credit card
Suitable for beginners
No withdrawal fee
Available in almost all countries
No mobile app and no staking
No phone number for customer support
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CoinSmart
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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
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Paxful
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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 Georgia
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You can buy Bitcoin in Georgia on any of the exchanges mentioned in this article.
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Georgia does not impose regulatory restrictions on cryptocurrency trading and does not have dedicated legislation. There is no VAT payable on crypto arbitrage, trade operations or sales of computing (hash) power involved in bitcoin mining operations.
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Owning crypto is legal. Trading is also legal, and tax rates on gains for individual traders are 0% in many cases, barring specific exceptions.
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Yes, Binance is available in Georgia.
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Yes, Kraken is available in Georgia.
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Yes, Coinbase is available in Georgia.
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