Buying Cryptocurrency In Washington State

Bitcoin Exchanges Available in Washington State

Options for Buying Bitcoin in Washington

Washington residents can choose from a range of reputable exchanges to purchase Bitcoin.

Popular Exchanges

• Coinbase
• Coinmama
• Gemini

Peer-to-Peer Marketplaces

• LocalBitcoins

Bitcoin ATMs

As of February 2021, Washington has 44 Bitcoin ATMs where you can buy Bitcoin in person.

Choosing the Right Exchange

Factors to consider when selecting an exchange include:

* Security measures * Fees * Supported cryptocurrencies * User interface

Buying Bitcoin in Washington: A Step-by-Step Guide

1. Choose a licensed exchange in Washington.
2. Create an account and verify your identity.
3. Fund your account with a bank transfer or credit/debit card.
4. Place an order to buy Bitcoin.
5. Store your Bitcoin securely.

Additional Information

* The Washington Uniform Money Services Act regulates cryptocurrency exchanges. * Senate Bill 5031 requires exchanges to obtain a license from the Washington State Department of Financial Institutions. * The state's money transmitter bill includes crypto-regulatory parameters.