https://ift.tt/LMFtUE0 To Buy Bitcoin in Vermont?

How To Buy Bitcoin in Vermont?

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Easiest and cheapest ways to buy crypto in Vermont

Getting bitcoins in Vermont is not an easy task as not all popular crypto exchanges are available to Vermont citizens. This is a current list of bitcoin exchanges that allow users from Vermont to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.

Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

Coinbase is one of the well-known, established, and trusted cryptocurrency exchanges. It was founded back in 2012, with its headquarters in San Francisco.

More info +

Coinbase offers its services in over 100 different countries around the world and has more than 60 million registered users. It offers its users more than 100 cryptocurrencies to choose from. Additionally, well above 400 trading pairs are offered on the Coinbase exchange. Furthermore, there is also a mobile app that is supported on Android as well as IOS.

⚑ 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

Β  An easy way for new users to purchase Bitcoin
Β  More than 100 cryptocurrencies to choose from
Β  A regulated and trustworthy company
High liquidity and purchasing limits

Confusing fee composition
Higher than usual fees

Regulated & high liquidity

How To Buy Bitcoin in Vermont?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Kraken is one of the largest cryptocurrency exchanges. It has been around for a very long time since it was launched back in 2011. In fact, Kraken is a part of crypto exchanges β€œbig three” alongside Binance and Coinbase. It has millions of users around the world with strategic investors and the international market behind it.

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San Francisco, California is where you will find Kraken’s headquarters. Jesse Powell is the founder and CEO of the company. Kraken offers advanced trading services such as leveraged positions, margin trading, limit orders, advanced orders with predefined triggers, and short selling. Staking is also available on Kraken. Security is on a very high level.

⚑ 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, Β₯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 (Β₯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

Β  Advanced trading and staking features
Β  It has been active on the crypto market for a very long time
Β  It has a good reputation
Advanced trading and staking services

Fees are fairly high
No derivates or futures trading

Regulated & Established

How To Buy Bitcoin in Vermont?

Cex.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.

More info +

This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Well Established Company
Β  Mobile App (Android and iOS)
Great support

Lower liquidity than other exchanges
Extensive Verification Process

Best Bitcoin Wallets in Vermont

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.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Regulated & high liquidity

How To Buy Bitcoin in Vermont?

Crypto.com

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, and 10+ more

Crypto.comΒ was founded in 2016 with the sole aim of making cryptocurrencies more accessible for everyday use in the financial world.Β 

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Currently, Coinmama is available in more than 150 countries around the world, and it has over 1.5 million users. It prides itself as a one-stop shop where crypto enthusiasts can buy, sell, transfer, spend, earn, and track cryptocurrencies.

It was known initially as Monaco Technologies but swapped to Crypto.com in July 2018. It wasn’t long for it to show that it meant business as it raised $26.7M in a token sale in June 2017 after being accepted into Supercharger, a leading FinTech accelerator. With a built-in exchange, an intuitive mobile app, prepaid VISA cards, and an increasing number of supported cryptocurrencies Crypto.com has established itself as a popular name in the cryptocurrency world.

⚑ 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

Β  It accepts both fiat and cryptocurrencies
Β  Mobile App (iOS and Android)
Β  It provides other financial services like crypto loans, crypto staking, DeFi, etc., depending on your country
It offers tax support

The customer support could do better
Fiat withdrawals take too long
You need to have 50,000,000 CRO (its native token) to benefit from its highest fee discount

Trusted & high liquidity

How To Buy Bitcoin in Vermont?

Gemini

πŸ‘› Ease of Use – Easy
πŸ‘› Fees -Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD

Gemini is a crypto exchange founded back in 2015 by two prominent tech brothers – Tyler and Cameron Winklewoss.Β 

More info +

Gemini of today is one of the powerhouses of crypto trading. The exchange is well-reputed and one of the leaders in mainstream penetration thanks to their aggressive ad campaigns on buses, billboards, and mainstream media.

⚑ 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

Β  Ability to set real-time market limit orders
Β  Low fees
Β  Clean user interface
Strong reputation

Exclusive to a limited number of countries

Regulated & high liquidity

How To Buy Bitcoin in Vermont?

Paybis

πŸ‘› Ease of Use – Easy
πŸ‘› Trading Fees – Average
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› 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 +

Paybis is suitable for users who want long-term investments and has a larger user base. It is available in more than 180 countries in the world, including the US. Paybis supports around 40 crypto assets.Β The main focus of the exchange is on Round-the-clock support, Worldwide access, Fast security checks, high-level security, and Instant payouts. The exchange is regulated by the Financial Conduct Authority under (FCA), UK’s tier-1 regulatory body.

⚑ 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

Β  A lot of payment methods and fiat currencies supported
Β  It is regulated
Β  The longevity of the crypto market
Easy-to-use interface

The number of supported cryptocurrencies could be higher
No advanced trading featuresΒ 

Established & high liquidity

paxful

Paxful

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, AUD + more

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 +

Being one of the longest-lasting P2P Bitcoin exchanges, Paxful offers its users a straightforward and easy-to-use platform where they can buy, sell and trade supported crypto fast. When it comes to supported cryptocurrencies, Paxful supports only 3: Bitcoin, Ethereum, and Tether USD. However, the volume of Bitcoin trading is very high. On the other hand, Paxful supports a stunning amount of fiat currencies, more than 140 different ones.

⚑ 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

Β  Safe Escrow trading
Β  Various payment methods
Responsive support forum
Support for a large number of fiat currencies

A bit higher fees
A lot of scammers

Frequently asked questions about buying Bitcoin in Vermont

Is Coinbase available in Vermont❓

Yes, Coinbase is available in Vermont.

Is there a Bitcoin machine in Vermont❓

Bitcoin of America is one of the most popular Bitcoin ATM operators with a huge network of crypto ATMs around the United States,Β Mobil Gas Station Bitcoin ATM is at 11400 S Vermont.

How do beginners buy bitcoins❓

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

Is Coinbase available in all 50 states❓

No, Coinbase is available in 42 states. It is not supported in California, Hawaii, Indiana, Massachusetts, Missouri, Montana, Utah, and Wisconsin.

Can you trade crypto in Vermont❓

Vermonters should always avoid unlicensed cryptocurrency sellers and exchanges. It is illegal to engage in the business of selling or exchanging cryptocurrency in Vermont without a license. If a company is doing business without the required license, this is a red flag signaling danger.

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