Curious about purchasing crypto and bitcoin in Alabama? You’ve landed in the right spot! Discover the top exchanges for buying crypto in Alabama and the leading wallets accessible in the state.
What you'll learn 👉
Easiest and cheapest ways to buy crypto in Alabama
Getting bitcoins in Alabama is not an easy task as not all popular crypto exchanges are available to citizens in Alabama. This is a current list of bitcoin exchanges that allow users from Alabama to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
👛 Ease of Use – Easy 👛 Fees -Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD
Gemini Exchange, established in 2014 by the renowned investors and twins, Cameron and Tyler Winklevoss—who also happened to be Harvard peers of Mark Zuckerberg—is a prominent cryptocurrency exchange.
Operating in over 60 countries, including the U.S., U.K., and Canada, Gemini provides a range of services catering to both novice investors and seasoned traders. These services encompass a trading platform, a trusted digital asset custodial service, and a sophisticated trading interface. A standout feature of Gemini is its custodial service, which boasts a substantial insurance coverage of $200 million for its cryptocurrency holders.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 0.001 BTC ⚡️ Trading fees: 0.10% – 0.35% ⚡️ Payment Methods: Credit/debit cards, Local bank transfer ⚡️ Supported fiat: USD
Ability to set real-time market limit orders Low fees Clean user interface Strong reputation
👛 Ease of Use – Easy 👛 Fees – Medium 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, and 10+ more
Crypto.com, headquartered in Singapore, offers services like an app, exchange, wallet, and NFT marketplace. It supports over 250 cryptocurrencies, enabling users to transact in various digital assets.
Originally founded in 2016 in Hong Kong as “Monaco” by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, it rebranded to Crypto.com in 2018 after acquiring a domain from cryptography expert Matt Blaze. The company is a subsidiary of Foris DAX MT (Malta) Limited.
By June 2023, Crypto.com boasted 80 million customers and a workforce of 4,000.
Features: Cryptocurrency Trading: The platform allows users to trade numerous cryptocurrencies and offers staking options. Crypto Wallet: Users can securely store their digital assets. In 2022, they introduced support for the Ledger wallet. Crypto.com Pay: A credit card service facilitating payments in cryptocurrencies. NFT Marketplace: A space for trading NFTs. Trading Services: Includes margin and derivatives trading.
An extensive list of supported cryptocurrencies Transparent, competitive fees with discounts available Support for an ecosystem of cryptocurrency products
Higher fees unless you hold and use CRO Poor customer support Trading fee discounts can be confusing to navigate
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, GBP, EUR + more
Uphold is one of the most unique crypto platforms because it integrates both digital and physical asset trading. It was launched in 2015 in New York, and it quickly gained recognition by using proprietary technology and various e-money apps as the foundation. Commodity trading is one more unique feature that makes this crypto exchange stand out.
This exchange also offers trading of cryptos, precious metals, US equities, and Forex. One user account can access more than 50 US Stocks, 60 cryptocurrencies, 4 precious metals, and 27 national currencies. Uphold is supported in more than 180 countries worldwide, and it has around 10 million registered users. However, as of 2022, UK and EU users can no longer create accounts on the platform. The users from these countries that already have accounts will not be affected.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Free ⚡️ Trading fees: Based on spreads ⚡️ Service fees: 1% – 3% ⚡️ Payment Methods: Debit/credit cards and (SEPA) bank transfers. ⚡️ Supported fiat: USD, GBP, EUR, and 15+ more
Cross-asset trading feature Simple registration process Extremely low fees More than 60 supported cryptocurrencies
No live chat support No fixed trading fees
Best Bitcoin Wallets in Alabama
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets.
But, which bitcoin wallet is available in this country?
The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 2-3 Days 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, JPY, CAD
Kraken stands as a premier cryptocurrency exchange that has been serving the crypto community since 2011. With its platform, users can buy, sell, and trade over 220 different digital assets, including but not limited to Bitcoin, Ethereum, and Cardano. One of Kraken’s most notable features is its unwavering commitment to security, ensuring that users’ assets are protected.
The platform is globally accessible, reaching over 190 countries, though there are a few exceptions like North Korea and New York state. Furthermore, Kraken offers a plethora of payment methods, from traditional credit cards to modern solutions like Apple Pay.
For those dealing in fiat, multiple currencies are accepted, with the U.S. dollar being a popular choice. Advanced traders will also find the platform accommodating, with tools tailored to their needs.
⚡️ Deposit fees: EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free) ⚡️ Withdrawal fees: Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD) ⚡️ Trading fees: Maker: 0.16%Taker: 0.28% ⚡️ Payment Methods: Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko ⚡️ Supported fiat: USD, EUR, GBP, JPY, CAD
170+ countries supported Never been hacked Mobile App (iOS and Android) Various payment methods A wide range of cryptocurrencies is available
Fees slightly above the industry average Limited customer support
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – CAD
Coinsmart is one of the most popular Canadian crypto exchange alternatives. It was founded in 2018 by Justin Hartzman and Jeremy Koven. Considering that it’s a relatively new exchange, Coinsmart has managed to come a long way and build a reputation through its strong customer support and wide range of custom tools.
Coinsmart is highly regarded because of its fast verification process, simple and user-friendly interface, bank-grade security, and plenty of funding through fiat currency options. Advanced traders can also find the platform useful since the platform offers some cutting-edge tools for them as well.
⚡️ Deposit fees: 0 – 6 % ⚡️ Withdrawal fees: 1% ($15 Minimum) ⚡️ Trading fees: 0.20% for a single trade and 0.40% for double trade ⚡️ Payment Methods: Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets ⚡️ Supported fiat: CAD
Beginner-friendly Strong customer support Includes a referral program Supported by Canadian Bank
USA citizens can’t use the platform A limited list of supported cryptos
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD + more
Founded back in 2015, with its headquarters in New York, United States, a cryptocurrency exchange platform Paxful offers its services to nearly 5 million users around the globe.
Being one of the longest-lasting P2P Bitcoin exchanges, Paxful offers its users a straightforward and easy-to-use platform where they can buy, sell and trade supported crypto fast. When it comes to supported cryptocurrencies, Paxful supports only 3: Bitcoin, Ethereum, and Tether USD. However, the volume of Bitcoin trading is very high. On the other hand, Paxful supports a stunning amount of fiat currencies, more than 140 different ones.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 0.5% – 5% ⚡️ Trading fees: No buyer fee, seller fee varies from 0.5% to 5% ⚡️ Payment Methods: Over 350 payment methods are available ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD, and many more
Safe Escrow trading Various payment methods Responsive support forum Support for a large number of fiat currencies
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – EUR, USD, and 50+ more
If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.
In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors.
⚡️ Deposit fees: Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10 ⚡️ Withdrawal fees: SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25 ⚡️ Trading fees: Fees vary ⚡️ Payment Methods: Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer ⚡️ Supported fiat: USD, EUR, GBP, AUD, CAD, CNY & 50+ more
Very large user base and extremely popular Debit card available A variety of fiat currencies supported Over 100 cryptocurrencies supported
No future or margin trading Fees are fairly high
Frequently asked questions about buying Bitcoin in Alabama
Is Coinbase available in Alabama❓
Yes, Coinbase is available in Alabama.
How do beginners buy bitcoins❓
Here’s a quick guide for buying your first Bitcoin: Step 1 – Get a Bitcoin wallet. Step 2 – Locate your Bitcoin address. Step 3 – Choose the amount of Bitcoin to buy. Step 4 – You will be navigated to Binance, where you can enter your Bitcoin address and payment information.
Where do I send Bitcoins in Alabama❓
Alabama has 5 Bitcoin ATMs in total and the main one is located in 9250 Atlanta Highway, Montgomery, AL, 36117.
Can I use Binance in Alabama❓
Binance.US, the American outpost of the world’s biggest crypto exchange, just announced it would be making its services available to Alabama residents. This marks the exchange’s latest expansion into the US and makes Alabama the 39th eligible state to use Binance.US platform.
Is cryptocurrency legal in Alabama❓
Alabama introduces legislation to exempt cryptocurrency from property tax. Blog SALT Shaker. An Alabama legislator has re-introduced a bill that would expressly exempt “virtual currency” from ad valorem tax. Alabama broadly imposes its ad valorem tax on all property, unless expressly exempt.
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As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge.
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