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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 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
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 offers a secure way to buy bitcoins, with human help.
They also offer Bitcoin IRAs and inheritance planning.
Visit Unchained's WebsiteCoinbase'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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In the beginning of 2018, Tennessee proposed two bills aimed at preventing retirement funds from investing in cryptocurrencies. Many wondered if this meant that Tennessee was going to be a state against blockchain technologies
On the other hand, another two bills passed through Tennessee's legislative process regarding the legalization of blockchain technologies.
As interest in cryptocurrencies continues to grow in Tennessee, the government understands the need for a regulatory framework.
If you live in Tennessee and are interested in acquiring Bitcoin, one of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Tennessee, 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 Tennessee 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 see some of the available Bitcoin ATMs in Tennessee 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 2020, Memphis Light, Gas and Water Division’s (MLGW) customers receveid phone calls from scammers threatening to disconnect service unless immediate payment was made by Bitcoin. MLGW advised its clients to immediately hang up on anyone demanding Bitcoin in exchange for keeping their services in tact.
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Yes, Binance is available for customers in Tennessee.
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 Tennessee can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in Tennessee can use all of Gemini’s products and services.
Users in Tennessee can use all of Coinmama’s products and services.
Users in Tennessee can use all of Kraken’s products and services.
The best way to find a Bitcoin ATM in Tennessee 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.
Several Tennessee real estate transactions were completed using cryptocurrencies in the past few years.
In Tennessee, there are many places where you can spend your Bitcoins, like: restaurants, coffee shops, transportation, grocery stores, attractions. The best way to find locations is to use coinmap.org. From there you can search every location that accepts Bitcoin.
Any exchange listed above will allow you to sell your Bitcoin for fiat currency.
Another way to sell Bitcoins in Tennessee 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.