How To Buy Bitcoin in Rhode Island?
https://ift.tt/ev9Vd2t
Easiest and cheapest ways to buy crypto in Rhode Island
Getting bitcoins in Rhode Island is not an easy task as not all popular crypto exchanges are available to Rhode Island citizens. This is a current list of bitcoin exchanges that allow users from Rhode Island to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.

Crypto.com





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

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)

Kraken





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
Best Bitcoin Wallets in Rhode Island
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 Ohio?
- How To Buy Bitcoin in Oklahoma?
- How To Buy Bitcoin in Oregon?
- How To Buy Bitcoin in Pennsylvania?

Paybis





Paybis is a widely popular crypto exchange. The exchange was launched back in 2014 so it is not a new player on the crypto market. Paybis is based in Scotland and in the UK with offices in the Scottish city of Glasgow, along with offices in Riga, in Latvia.
More info +
As per Paybis’s website, the main features of the platform are Round-the-clock support, Worldwide access, Fast security checks, high-level security, and Instant payouts.
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
The longevity of the crypto market
Easy-to-use interface
A lot of payment methods and fiat currencies supported
A regulated platform
The limited number of supported crypto assets
No advanced trading features

Paxful





Founded back in 2015, with its headquarters in New York, United States, a cryptocurrency exchange platform Paxful offers its services to nearly 5 million users around the globe.
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
Safe Escrow trading
Various payment methods
Responsive support forum
Support for a large number of fiat currencies
A bit higher fees
A lot of scammers

Coinmama





Coinmama is one of the oldest centralized cryptocurrency exchanges on the market. It was founded in Israel in 2013. Today, Coinmama’s head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.
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
150+ countries supported
Mobile App (iOS and Android)
Various payment methods
Quick verification process
Fees above the industry average
Only 10 cryptocurrencies

Uphold





Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading.
Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.
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
Anything-to-Anything feature
Straightforward registration process
Enables investments in US stocks, national currencies, and precious metals
There isn’t a fixed minimum investment
Telephone and Live-chat support doesn’t exist
Lower volume assets require higher spreads
Frequently asked questions about buying Bitcoin in Rhode Island

You can buy crypto on Rhode Island on any of the exchanges mentioned in this article.

You can buy crypto on any of the exchanges mentioned in this article.

Yes, you can invest as low as $10 in Bitcoin. The decision is up to you as an investor.

Yes. Cryptocurrency wallets (and the like) squarely fall within the definition of “maintaining control of virtual currency” “on behalf of others” when the business has custody of funds in the wallets.

Bitcoin can’t be purchased through your bank or investment firm yet — though some organizations are working toward that possibility in the future. For now, you’ll have to go through a cryptocurrency trading platform to exchange your U.S. dollars for Bitcoin or other digital currencies.
The post How To Buy Bitcoin in Rhode Island? appeared first on CaptainAltcoin.
Cryptocurrency