We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
eToro allows you to buy Bitcoin & crypto in the United States.
It offers a free wallet, app, and is easy and quick to use for purchases.
Limited-time offer: Get $10 free once you trade $100 worth of cryptocurrency.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. BuyBitcoinWorldwide.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
Visit eToro's Website
Unchained offers a secure way to buy bitcoins, with human help.
They also offer Bitcoin IRAs and inheritance planning.
Visit Unchained's Website 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. Visit Kraken's Website
Crypto exchange established in 2015. United States residents can buy bitcoin & crypto via wire transfer, credit card, debit card and ACH transfer.
Visit Uphold's Website
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.
Visit Gemini's Website
Bitcoin IRA offers a tax-advantaged way to acquire Bitcoin via an IRA.
Visit Bitcoin IRA's Website 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 Nevada.
Be sure to read our River Financial review. Visit River's Website
Coinbase's exchange, Coinbase Advanced Trader (formerly called 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 Advanced Trader offers good prices and low fees, but its confusing user interface may initially prove difficult to navigate. Visit Coinbase Advanced Trader's Website
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%. View Bitcoin ATMs
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There is no regulatory framework in Idaho regarding cryptocurrencies. Still, the state’s Department of Finance issued 20 “no action and opinion letters” focused on virtual currency related issues.
The latest letter posted in July 2016, made the difference between a person who was selling its own cryptocurrency and an exchanger who was holding, buying or selling crypto funds to a third party. The first was not being considered a virtual currency transmitter under the Idaho Money Transmitters Act.
Idaho considers these assets as their property, and people have the right to do whatever they want with it.
This means Idaho is pretecting consumer's soveignty over their Bitcoin investment, making Idaho a great state to buy Bitcoin in.
One of the easiest ways to buy Bitcoin in Idaho is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Idaho, 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. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
Another way to buy Bitcoins in Idaho 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, so long as you aren’t buying a lot of Bitcoin. This makes them more private than exchanges. You can see some of the available Bitcoin ATMs in Idaho below.
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. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
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In February of 2020, three schools from Idaho Falls area locked down after receiving emails offering information about an upcoming public safety threat in exchange for Bitcoin. Even though the police were convinced it was a scam, they took the threats seriously and treated them as a crime and investigated them.
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With a low cost of electricity at a rate at 8.67 cents per kWh, Idaho is not an ideal state to mine in. That said, it is the 2nd cheapest state in terms of electrcity rates.
Check the map below to see how much it would cost to mine one Bitcoin in Idaho:
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As of March 2021, Binance is not available to any customers living in Idaho.
If this ever changes, we will update this page to reflect that change.
Keep in mind that no one in the United States can ever use Binance.com.
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. It’s a good idea to make sure that the Binance US coin support list shows the coin you want to buy.
Users in Idaho can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in Idaho can use all of Gemini’s products and services.
Users in Idaho can use all of Coinmama’s products and services.
Users in Idaho can use all of Kraken’s products and services.
The best way to find a Bitcoin ATM in Idaho 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.
Any exchange listed above will allow you to sell your Bitcoin for fiat currency.
Another way to sell Bitcoins in Idaho 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.
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. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
You could also use a service like eGifter to sell your Bitcoin for gift cards.