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

Coinbase is one of the most popular digital currency exchanges, based in the U.S and boasting over 43 million users. Headquartered in San Francisco, California, the platform offers both an all-in-one exchange and a wallet, making it one of the easiest starting points with Bitcoin. Coinbase’s wallet and merchant services, which have won the trust of over 43 million users, have their payment platform integrated with more than 48,000 businesses worldwide.

Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (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

  High liquidity & limits
  Great for newcomers
  “Instant Buy” is available when buying with a debit card

High fees with debit and credit card purchases

When it comes to Cex.io’s reputation, it seems to be extremely high and longevity on the crypto market is one of the reasons. Cexio is a multi-functional crypto platform since it offers fiat to crypto purchases, spot trading, margin trading, staking as a service, crypto loans, and savings accounts.

Deposit fees:
 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

  Reputation is high
  Longevity on the crypto market
  Over 4 million users
Advanced features such as spot trading, margin trading, staking as a service, crypto loans, and savings accounts

Extensive Verification Process to Increase Purchasing Limits

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, ¥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

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

Fees are fairly high
No derivates or futures trading

Bottom Line

Pros

Cons

The feature that makes LocalBitcoins unique is the direct contact between users. Most exchanges match sellers and buyers manually without the possibility of communicating directly. Users from all around the world can meet and trade Bitcoins through a fairly simple process. This is why LocalBitcoins is considered to be the “Craigslist” of Bitcoin. The platform is accessible worldwide, precisely in 248 countries.

However, services of LocalBitcoins aren’t available in Washington and New York. Features such as futures trading, derivatives, margin trading, short selling, or any other option aren’t supported. This is because LocalBitcoins doesn’t work as a traditional trading platform.

Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
1%
Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

  Simple to use
  Plenty of payment options
  Available worldwide
Swift transactions

Higher exchange rates
Cash trades aren’t supported

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

  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

Paybis is suitable for users who want long-term investments and has a larger user base. It is available in more Paybis has a large user base and most of its users want long-term investments. The exchange is available to over 180 countries worldwide, including the USA. It supports around 40 cryptocurrencies. 

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 

A beginner-friendly interface is the first thing you will notice about Uphold. The main advantage of the platform is trading directly between asset classes with fixed payments, offering a future where all users have access to financial services – all thanks to the unique “Anything-to-Anything” trading service.

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

  Low fees when compared to top exchanges
  It is regulated by the US laws
  A beginner-friendly interface
Unique “Anything-to-anything” trading service
Low fees

A less organized educational section
Customer support can be better
Various trading limitations