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Coinbase is based in the USA and supports buying, trading and selling bitcoins for residents of Puerto Rico.
Puerto Rican residents that create an account and purchase crypto will receive $5 in free Bitcoin (BTC). Visit Coinbase'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.
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.
Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
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
Puerto Rico is a US unincorporated territory. This basically means that the residents of Puerto Rico are citizens of the United States, but they may not vote in its elections since they are not a state.(1)
Puerto Rico is a burgeoning territory for Bitcoin. In fact, in 2019, the San Juan Mercantile & Trust opened its doors, catering to traders of cryptocurrency.(2)
Over the past few years, Puerto Rico has become a tax haven for crypto entrepreneurs and businesses. Many drawn by the tax-friendly environment then go on to invest in the country. Brock Pierce came to the island in 2017 with a desire to setup a crypto homestead, he termed “Puertopia.” From 2020 to 2022, Puerto Rico has received a flood of crypto entrepreneurs, investors and influencers seeking to take advantage of the island’s tax benefits.
One of the easiest ways to buy Bitcoin in Puerto Rico is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Puerto Rico, allowing you to 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 that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet).
Another way to buy Bitcoins in Puerto Rico 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. You can locate Bitcoin ATMs in Puerto Rico using our Bitcoin ATM Map.
As of January of 2021, we could find no exchange hacks or significant scams affecting Puerto Rico or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Puerto Rico.
Citizens of Puerto Rico can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
You can use our Bitcoin ATM finder tool to find the one nearest you.
Bitcoin prices are changing every second.
The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.
Any exchange with a USD trading pair will allow you to sell your Bitcoin for fiat currency. Coinbase has USD trading pairs for many popular coins.
Another way to sell Bitcoins in Puerto Rico 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. You can locate Bitcoin ATMs in Puerto Rico using our Bitcoin ATM Map.
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.
Bitcoin is accepted at lots of stores and service providers all over Puerto Rico. So many, in fact, that we couldn't possibly list them all here. However, you can find specific kinds of services and goods filterable on a map over at coinmap.org.
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.