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

How To Buy Bitcoin in Washington?

https://ift.tt/TdycjU7

Easiest and cheapest ways to buy crypto in Washington

Getting bitcoins in Washington is not an easy task as not all popular crypto exchanges are available to Washington citizens. This is a current list of bitcoin exchanges that allow users from Washington 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

How To Buy Bitcoin in Washington?

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 

More info +

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

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 Washington?

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.

More info +

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

Best Bitcoin Wallets in Washington

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


Visit Now

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


Visit Now

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


Visit Now

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

uphold exchanges

Uphold

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

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 +

There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).

⚑ 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

Β  Anything-to-Anything feature
Β  Straightforward registration process
Β  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

Regulated & high liquidity

How To Buy Bitcoin in Washington?

Coinbase

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

Cex.io is one of the older centralized cryptocurrency exchanges that is still going strong, adding new coins and features to its trading platform every month. Founded in 2013, this exchange is one of the oldest Bitcoin exchanges. Cex.io is based in London, UK.

More info +

Today, Cex.io is available in more than 180 countries around the globe. It is registered with FinCEN, and it applies AML (anti-money laundering) and KYC (know your customer) policies. Cex.io supports fiat to crypto purchases, spot trading, margin trading, staking, leverage, lending, and savings.

⚑ 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  Over 4 million users worldwide
Β  Fast support
Various payment options

Just 4 fiat currencies are available
Extensive Verification Process

Regulated & high liquidity

How To Buy Bitcoin in Washington?

Coinmama

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

If you would like to talk about one of the oldest exchanges in the crypto world then Coinmama is for sure the one. The exchange was launched in 2013 by Laurence Newman, Nimrod Gruber, and Ilan Schuster. Slovakia is the country where you will find Coinmama’s headquarters.

More info +

Coinmama has over 2 million users and is operating in more than 150 countries. The company has over 40 employees. It offers a user-friendly and simple interface which makes it suitable for complete beginners.

⚑ 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

Β  Beginner-friendly interface
Β  Available almost worldwide
Β  Various ways to deposit
Simple to use
No withdrawal fee

No mobile app and no staking
No phone number for customer support

Trusted & high liquidity

How To Buy Bitcoin in Washington?

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

Frequently asked questions about buying Bitcoin in Washington

Can you buy crypto in Washington❓

You can buy Bitcoin in WashingtonΒ from any one of the many quality exchanges that serve residents of the state. As outlined above, this includes Coinbase, Coinmama, and Gemini.Β 

What is the easiest way to buy bitcoins in the US❓

You can easily buy Bitcoin on any of the exchanges mentioned in this article. Also, you can buy it on Bitcoin ATMs.

How do I actually buy a Bitcoin❓

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

How do I use a Bitcoin ATM❓

1. Get a crypto wallet. Before using a bitcoin ATM, you’ll need a wallet in which to deposit the bitcoin that you purchase.
2. Prepare the wallet.
3. Find a bitcoin ATM.
4. Set up an account.
5. Enter your wallet information.
6. Insert cash.
7. Confirm the purchase.

Is there a Bitcoin machine in Washington❓

Yes, LocatedΒ inside the Exxon Gas Station at the corner of 14th St NW.Β and Otis Pl NW.

The post How To Buy Bitcoin in Washington? appeared first on CaptainAltcoin.

Cryptocurrency

Get In Touch