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Jordan Hinsch
The Best Ways to Buy Bitcoin as a Florida Resident
2021-02-12
Note: This is not investment advice. Always do your own due diligence.
If you're new to cryptocurrency, there are things you need to know about your location and how it affects your ability to buy and sell. The USA overall is one of the more restricted countries when it comes to availability of exchanges for purchasing crypto such as Bitcoin. Within the USA, it gets even more restricted whereas states such as New York and Washington are very limited in their options.
The main qualifying factor for determining where you can transact crypto is your driver's license or state issued ID. This tells the exchange where you live and whether or not you can use their services. In some cases, the exchanges may require utility bills and other documents for further proof of residency.
Luckily, for you, Florida is one of the more lenient states. Remember, do your due diligence.
If you're a Florida resident, here are your current options (as of Feb 10, 2021):
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