How To Buy Bitcoin in Pennsylvania?
https://ift.tt/sU7aN1y
Easiest and cheapest ways to buy crypto in Pennsylvania
No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Pennsylvania is a bit harder than in some other countries so we have compiled a list of exchanges where Pennsylvania citizens can buy bitcoin.

Coinbase





If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.
More info +
Deposit fees:
Credit/Debit Card: 3.99%SEPA: β¬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: β¬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 Very large user base and extremely popular
Β Debit card available
Β A variety of fiat currencies supported
Over 100 cryptocurrencies supported
No future or margin trading
Fees are fairly high

Deposit fees:
Free Withdrawal fees:
0.001 BTC Trading fees:
0.10% β 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

Crypto.com





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 +
It was known initially as Monaco Technologies but swapped to Crypto.com in July 2018. It wasnβt 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% β 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
Best Bitcoin Wallets in Pennsylvania
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.
ZenGoΒ 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
ElectrumΒ 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 XΒ 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 North Dakota?
- How To Buy Bitcoin in Ohio?
- How To Buy Bitcoin in Oklahoma?
- How To Buy Bitcoin in Oregon?

Uphold





Uphold is one of the most unique crypto platforms because it integrates both digital and physical asset trading. It was launched in 2015 in New York, and it quickly gained recognition by using proprietary technology and various e-money apps as the foundation. Commodity trading is one more unique feature that makes this crypto exchange stand out.
More info +
Uphold is supported in more than 180 countries worldwide, and it has around 10 million registered users. However, as of 2022, UK and EU users can no longer create accounts on the platform. The users from these countries that already have accounts will not be affected.
Deposit fees:
Free Withdrawal fees:
Free Trading fees:
Based on spreads Service fees:
1% β 3% Payment Methods:
Debit/credit cards and (SEPA) bank transfers. Supported fiat:
USD, GBP, EUR, and 15+ more
Β Cross-asset trading feature
Β Simple registration process
Β Extremely low fees
More than 60 supported cryptocurrencies
No live chat support
No fixed trading fees

LocalBitcoins





Founded in 2012 in Finland by Nikolaus Kangas, LocalBitcoins represents one of the largest P2P (peer-to-peer) marketplaces online. Nicknamed as the βCraigslistβ of Bitcoin, users can communicate and trade directly on the platform with one another. Bitcoin is the only currency supported by LocalBitcoins.
More info +
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)
Β Various payment options
Β One of the oldest P2P crypto exchanges
Β Accessible worldwide
High liquidity
Many scammers join the platform
Fees are higher than usual

Coinmama





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 Coinmamaβs headquarters.
More info +
Deposit fees:
0 β 5 % Withdrawal fees:
None Trading fees:
2.9 β 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

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) β EEA countries only USD Bank Wire Deposit ($5 USD) β US onlyEUR Bank Wire Deposit (β¬10) β outside the US only USD Bank Wire Deposit ($10 USD) β outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) β Japan-only USD, Wire Deposit (Free) Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (β¬0.09) β EEA countries only USD Bank Wire Withdrawal ($5 USD) β US only USD Bank Wire Withdrawal ($60 USD) β outside US onlyEUR Bank Wire Withdrawal (β¬60) β outside US onlyJPY Bank withdrawal (Β₯20) β 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 170+ countries supported
Β Never been hacked
Β Mobile App (iOS and Android)
Various payment methods
A wide range of cryptocurrencies is available
Fees slightly above the industry average
Limited customer support
Frequently asked questions about buying Bitcoin in Pennsylvania

Yes, Coinbase is available in PA.

Cryptocurrency is taxable when it is: Sold. Traded. Used to buy goods and services.

Pennsylvania does not address the sales and uses tax treatment of virtual currency or bitcoin.

Yes, Coinbase reports to the IRS.

Only fiat currency, or currency issued by the United States government, is βmoneyβ in Pennsylvania.Β Virtual currency, including Bitcoin, is not considered βmoneyβ under the MTA. To date, no jurisdiction in the United States has designated virtual currency as legal tender.
The post How To Buy Bitcoin in Pennsylvania? appeared first on CaptainAltcoin.
Cryptocurrency