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Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and one of the largest in based on daily average trading volume. It is available in almost all countries.
Deposits can be made via bank wire, ACH and SWIFT. Users can buy bitcoin, ethereum, dogecoin and dozens of other coins.
Gemini
Gemini is a New York-based Bitcoin exchange, open to residents of the United States, UK, Canada, Hong Kong, Japan, Singapore and South Korea. Deposits can be made via wire transfer, SEPA or ACH transfer.
Get $20 of free BTC after trading $100 or more within 30 days.
Uphold
Crypto exchange established in 2015. United States residents can buy bitcoin & crypto via wire transfer, credit card, debit card and ACH transfer.
Bitcoin IRA
Bitcoin IRA offers a tax-advantaged way to invest in Bitcoin and Ethereum using your 401k or other retirement savings.
Bitcoin IRA is a US licensed IRA custodian, so you know your crypto or Bitcoin IRA is in full compliance with the Federal Government.
Coinmama Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.
Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.
River River makes it easy to buy bitcoin. It has a clean interface, low fees and allows for automatic purchases.
It currently offers its services in all US states besides New York and Nevad.
Be sure to read our River Financial review.
Swan Bitcoin Swan Bitcoin is a dollar cost averaging Bitcoin exchange, where users can set up recurring Bitcoin purchases to be drafted from their bank account or credit card every month or week.
Get $10 in free BTC when you make your first purchase.
Coinbase Pro Coinbase's exchange, Coinbase Pro, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
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Georgia was the second US state to propose a law that would allow its citizens to pay taxes in Bitcoin and other cryptocurrencies. Two senators were backing up the law, tracking the legislative process of a similar law proposed by the state of Arizona. Unfortunately, this bill never made it out of committee during the senate session.
Regardless, its still super easy to buy Bitcoin in Georgia and one of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Georgia, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet.
Another way to buy Bitcoins in Georgia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification. This makes them more private than exchanges.
You can use our Bitcoin ATM finder tool to find the one nearest you.
LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. Similar to craigslist, this does introduce a degree of risk,. You can minimize that risk by conducting all business on the platform, making use of its escrow services, and only trading with users who have a good reputation.
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There are three main types of Bitcoin wallet and all of them are supported in Georgia:
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
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It looks like Georgia may be another state to benefit from the crackdown in China on bitcoin mining. Georgia has been a favorable place for mining according to Foundry, a cryptocurrency company that operates Foundry USA, a large mining pool. Foundry reported that the state was responsible for more than 34% of the computing power in the pool during January 2022.
State Regulators have setup renewable energy credits for miners to offset their emissions and give them access to day-ahead pricing so they can throttle back operations if the rates are set to spike. These types of incentives have influenced crypto companies like Bitmain Technologies Ltd to increase their presence in Georgia. In September 2021, Bitmain said they plan on bringing another 56,000 miners into the state.
Mawson Infrastructure Group, an Australian firm, has decided to expand its mining operations into the state starting in August 2021. The company is negotiating with the city of Sandersville for an electricity cost of about $0.04 per kWh. Some miners are already operational and the expansion will continue. The company stated that it expects to have a hash rate of 5,000 PH/s by the end of 2022.
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In November 2022, James Zhong of Gainesville, Georgia plead guilty to the theft of 3.36 billion in bitcoin from the Silk Road Marketplace in 2013. The seizure came about due to a raid in 2021 of Zhong's residence after several years of investigation into Zhong. Authorities say they seized 50,676 bitcoin during the search on his property, some stored on a computer hidden in a popcorn bin in a bathroom closet. .
In May of 2020, one of Georgia State Foundation’s third-party vendors, Blackbaud, was compromised by ransomware demanding Bitcoin. Blackbaud provides donor record-keeping services and stores donors’ personal information, including their full name, address, phone number, email address and Social Security number. Blackbaud eventually paid the Bitcoin ransom to make sure the cybercriminals would destroy the information.
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Yes, Binance is available for customers in Georgia.
However, you cannot simply go to binance.com and sign up for an account.
Binance has a special website for US based customers at Binance.us
Due to US regulations, Binance US is more strict about handling KYC and AML of new customers.
This just means that verification may take a little longer than it would on regular Binance.
The biggest difference between Binance US and regular Binance is the coin support as well as some of the features available to users.
Because of this, you shouldn’t just look at the supported coins listed on binance.com and assume Binance US will sell it to you.
Users in Georgia can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in Georgia can use all of Gemini’s products and services.
Users in Georgia can use all of Coinmama’s products and services.
Users in Georgia can use all of Kraken’s products and services.
As of now, Kucoin does not accept customers from any US state, including Georgia.
The best way to find a Bitcoin ATM in Georgia is to use our Bitcoin ATM finder tool.
Here, you can filter by any of the most popular cryptocurrencies and find ATMs that support buying, selling, or both.
Georgia's citizens don't have the ability to buy and sell bitcoin using Square's cash app because there are more restrictive regulations around the brokering of cryptocurrencies in Georgia.
Any exchange listed above will allow you to sell your Bitcoin for fiat currency.
Another way to sell Bitcoins in Georgia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
And, as mentioned previously, you can also use LocalBitcoins.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
Kraken
Bitcoin ATMs