How To Buy Bitcoin in Illinois?

Easiest and cheapest ways to buy crypto in Illinois

No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Illinois is a bit harder than in some other countries so we have compiled a list of exchanges where Illinois citizens can buy bitcoin.

Regulated & high liquidity
coinbase

Coinbase

👛 Ease of Use – Easy
👛 Fees – Average
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – EUR, USD, and 50+ more

Coinbase is widely considered one of the biggest cryptocurrency exchanges, especially in the US. It has over 60 million users which is a remarkable number.
More info +
Regulated & high liquidity
uphold exchanges

Uphold

👛 Ease of Use – Easy
👛 Fees – Low
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – USD, GBP, EUR + more

Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading.
Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.
More info +
Regulated & high liquidity
How To Buy Bitcoin in Illinois?

Kraken

👛 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.
More info +

Best Bitcoin Wallets in Illinois

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.

Bottom Line
Pros
Cons
ZenGo
Mobile
Visit Now
Bottom Line
ZenGo is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
Pros
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
Cons
No major flaws
exodus wallet
Exodus
Desktop
Visit Now
Bottom Line
Electrum is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
Pros
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Cons
Not completely open source
ledger-nano-x
Ledger Nano X
Hardware
Visit Now
Bottom Line
Ledger Nano X is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Pros
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Cons
Small display
complicated to setup for newbies

Read also:

Established & high liquidity
paxful

Paxful

👛 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.
More info +
Regulated & high liquidity
How To Buy Bitcoin in Illinois?

Paybis

👛 Ease of Use – Easy
👛 Trading Fees – Average
👛 Verification – 1 day
👛 Reputation – Trusted
👛 Supported fiat – USD, EUR, GBP, and more

Paybis is a cryptocurrency exchange that offers a safe, secure, stable, and easy to use platform to its users from when it was founded back in 2014.
More info +
Regulated & high liquidity
How To Buy Bitcoin in Illinois?

Crypto.com

👛 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.
More info +
Regulated & very safe
How To Buy Bitcoin in Illinois?

Coinmama

👛 Ease of Use – Easy
👛 Fees – High
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – USD, EUR, GBP, CAD, AUD

Coinmama is one of the oldest centralized cryptocurrency exchanges on the market. It was founded in Israel in 2013. Today, Coinmama’s head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.
More info +

Frequently asked questions about buying Bitcoin in Illinois

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Petar Jovanović
Petar Jovanović

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. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

We will be happy to hear your thoughts

Leave a reply

CaptainAltcoin
Logo