We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
eToro 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
Robinhood Robinhood is a popular US-based exchange regulated by FinCEN.
Users can buy Bitcoin using ACH transfers, bank accounts, and debit cards.
The platform offers commission-free trading of both Bitcoin and spot Bitcoin ETFs like IBIT and FBTC.
Robinhood is trusted by millions of users and provides a free mobile app for iOS and Android. Visit Robinhood's Website
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.
Visit Gemini's Website 
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 Nevada.
Be sure to read our River Financial review. Visit River's Website
Unchained
Unchained offers a secure way to buy bitcoins, with human help.
They also offer Bitcoin IRAs and inheritance planning.
Visit Unchained's Website 
Uphold
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 
Coinbase Advanced 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's Website
MoonPay MoonPay is a popular crypto payment platform available in over 150 countries. It offers a simple way to buy and sell cryptocurrencies using credit/debit cards, bank transfers, and various payment methods. The platform supports 80+ cryptocurrencies including Bitcoin, Ethereum, and many altcoins. While MoonPay excels at ease-of-use and global accessibility, it charges relatively high fees of 1-4.5% per transaction. The service is integrated with many major crypto wallets and exchanges as a payment solution. Visit MoonPay's Website
Bitcoin ATMs 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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Massachusetts' Money Transmitter Law doesn't mention anywhere that companies who trade virtual currencies have to register.
There is also no guidance by the state's Division of Banks on the matter. There are talks about potential regulations every year, but nothing substantial is happening. As far as the state is concerned, there is no official position on cryptocurrencies.
In 2019, the Massachusetts Senate proposed a bill establishing a commission that would study the technologies of blockchain and cryptocurrencies and would examine, among others, the advisability of government agencies accepting payment in cryptocurrencies, the advisability of taxing cryptocurrency transactions as part of the sales tax, the validity and admissibility of blockchain records in court proceedings.
This legislation is still pending.
If you live in Massachusetts are are interested in jumping into the crypto fray, one of the easiest ways is to buy through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Massachusetts, 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 Massachusetts 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 Massachusetts 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. Local Bitcoins 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 2019, two Massachusetts men were convicted of a series of felonies. Mainly, they set up a plan to steal $550,000 in cryptocurrency by hacking social media accounts. At least 10 persons, some of whom were the heads of cryptocurrency companies, were victims of SIM-swapping attacks and computer hacking.
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Massachusetts is a state that has a really low energy consumption per capita.
This has made the electricity rate quite high at 20.43 cents per kilowatt-hour, which is much higher than the national average. Research by Crescent Electric Supply Company released in January 2018 shows that the costs of mining a single Bitcoin in Massachusetts are $6,674.
This places Massachusetts at 4th place of most expensive states. In turn, this makes Massachusetts less than ideal for Bitcoin mining as the profit margins are meager.
Check the map below to see how much it would cost to mine one Bitcoin in Massachusetts:
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Yes, Binance is available for customers in Massachusetts.
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. It’s a good idea to make sure that the Binance US coin support list shows the coin you want to buy.
Users in Massachusetts can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in Massachusetts can use all of Gemini’s products and services.
Users in Massachusetts can use all of Coinmama’s products and services.
Users in Massachusetts can use all of Kraken’s products and services.
The best way to find a Bitcoin ATM in Massachusetts is to look at the map below or use a site like CoinATM Radar.
Here, you can filter by any of the most popular cryptocurrencies, find ATMs that support buying, selling, or both, and find stores and merchants that offer crypto services.
Users in Massachusetts can buy Bitcoin prepaid cards from several exchanges: CEX.io, Coinmama, Coinbase, LocalBitcoins, Bitpanda or Paxful.
Users in Massachusetts can buy Bitcoin with cash from Bitcoin ATMs in Attleboro, Boston, Brockton, Chicopee, Easthampton, Fall River, Greenfield, Hyannis, Lowell, New Bedford, Pittsfield, Plymouth, Springfield, Worcester.
Any exchange listed above will allow you to sell your Bitcoin for fiat currency.
Another way to sell Bitcoins in Massachusetts 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. Local Bitcoins 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.
Coinbase 