![]() ![]() It’s worth noting that Robinhood is offering three free shares for anyone who signs up to the platform through a referral link. Robinhood has recently moved into cryptocurrency, allowing its users to invest in Bitcoin. Robinhood was primarily made for people interested in the stock market. How to Buy Bitcoin in New York – Cash AppĬashApp users can buy Bitcoin with just a few clicks.Īfter buying Bitcoin on CashApp, you will find it in your CashApp Bitcoin wallet. If you are looking for the most straightforward way to buy Bitcoin, then CashApp is the best option. This requires them to meet capitalization, consumer protection, anti-money laundering, compliance, and cyber security requirements set by the NYSDFS. ![]() Despite launching more recently than most of their competitors, they’ve quickly built a great reputation in the community, and they consistently have some of the largest daily Bitcoin trading volumes of all exchanges.Īs a New York-based cryptocurrency exchange, Gemini is fully regulated by the New York State Department of Financial Services (NYSDFS). Geminiwas founded by Tyler and Cameron Winklevoss (Co-Creators of Facebook) in 2015. They also have a P2P marketplace that supports dozens of other more rare payment methods. You can buy digital currencies on Kucoin with credit cards and bank transfers. That is why Kucoin (and Gate.io) are two of the most popular smaller exchanges among real crypto nerds. Plus, they are always among the first exchanges to list low-cap gems yet to explode in price (usually once they are listed on Coinbase or Binance). It is a real swiss knife, a poor man’s Binance if you want. It is a great place to buy, trade, stake, mine, loan, lend, bot trade, etc., crypto. However, KuCoin is still hovering in the grey area of the regulatory spectrum, and many Americans have used Kucoin with no issues for years now. Yes, I know – KuCoin is not regulated and very risky to use if you are a US resident, let alone a New Yorker. The sign-up bonus is only available on the standard platform, so we recommend using that before using the Pro version. It’s also worth noting that Coinbase offers a free $10 in Bitcoin when making your first purchase of $100 Bitcoin or more on the Coinbase standard platform.Ĭoinbase users can also head to the Coinbase Earn section of the site and earn over $10 in free digital currencies by completing a few short quizzes.įor more experienced traders, Coinbase Pro offers lower trading fees and comes at no extra cost. How to Buy Bitcoin in New York – CoinbaseĪlternatively, you can top up your account via bank transfer and then use the funds to buy Bitcoin similarly however, you will need to select pay with account balance when choosing a payment method. If you are looking for how to buy Bitcoin in New York, then Coinbase is a great solution. The platform launched back in 2012 and boasts over 56 million users worldwide. Coinbase is perhaps the best platform for buying Bitcoin for the first time.
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