How to Buy Bitcoin in Florida

It’s quite possible to purchase Bitcoin in Florida.

Miami Florida is located in United States, and a home to approximately 21 million citizens. It is a popular place for people to buy BTC.

Before you dive into buying Bitcoin in Florida right away, you will need to get a secure crypto wallet ready. I recommend you read my guide on how to security wallet.

Now that you’ve been briefed on the techniques to acquire BTC in Miami, let’s begin with the process that is involve to buy it safely.

Shall we…?

Places to buy Bitcoin in Miami

In the US, it’s not every cryptocurrency exchange that works straight out of the box. So you will need to follow use the ones am going to list in this guide.

LocalBitcoins

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers. It gives vendors ability to create offers in all currencies.

Pros

• Available in every country of the world
• A diverse selection of buyers and sellers
• Supports many payment methods
• Buyers get their Bitcoins fast
• Private.

Cons

• Lack of cryptocurrency diversity
• Both sellers and buyers can be scammed.

Buy Bitcoins

LocalCryptos

LocalCryptos launched in 2015, was known as LocalEthereum. It was initially built a P2P platform for buying Ethereum (ETH) only.

The platform later rebranded – adding Bitcoin (BTC) and Litecoin (LTC), as well as some other established crypto-coins.

LocalCryptos is a non-custodial peer-to-peer exchange. This means you do not have to deposit your crypto directly on the platform to sell.

Also, you are not required to verify your identity to use LocalCryptos. Compared to LocalBitcoins, this P2P platform has good payment methods, even though it continues to expand aggressively.

Sellers pay a 0.25% trading fee while buyers pay a 0.75% trading fee. 

Pros

• 60+ payment methods
• Trade BTC, ETH, and LTC
• No KYC verification
• Lower exchange fee
• High security than other P2Ps.

Cons

• Few supported cryptocurrencies
• Vendors can be scammed.

Buy Crypto Coins

Binance.US

Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.

Pros

• Trustworthy management
• High volume exchange
• Low transaction fees
• A large number of crypto pairs
• Global support.

Cons

• Few payment options.

Buy Bitcoin

Changelly

Changelly is an instant exchange that supplies the best live rates on the market for every pair. The interface is colourful and simple to use.

The cryptocurrency transactions on this exchange platform are performed instantly and smoothly, without having to search through numerous exchanges.

Changelly accepts USD, EUR, and GBP for buying cryptocurrency.

Pros

• Fast
• Private
• Low fees
• High exchange limits
• 24/7 live chat support

Cons

• Limited payment methods.

Buy Bitcoin with credit card

CoinSwitch

Using CoinSwitch exchange aggregator, you can buy Bitcoin without ID, but that’s because you need to have Altcoins already.

If you already have an Altcoin (like Litecoin, Ethereum etc.), then you can buy Bitcoin in seconds with no ID verification and account registration.

Pros

• Fast
• Low fees
• High exchange limits.

Cons

• Partially private
• Limited payment methods.

Swap Altcoin for Bitcoin

XCoins

XCoins is a peer to peer lending platform on which buyers can buy BTC from sellers. It accepts loan security deposits and purchases in USD.

Pros

• Simple to get started
• A fast way to acquire Bitcoin
• Great for making extra money on the side.

Cons

• High fees are incurred
• There is a low transaction limit for new users.

Buy Bitcoins on XCoins

Bitcoin ATM

Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand. There is a Bitcoin ATM in every region of the world.

Check out my guide on how to find Bitcoin ATM on the map on Coin ATM Radar, to see if there is one near you.

Pros

• Easily accessible
• Convenient
• Fun to use
• Physical kiosk
• Gives transaction receipt
• Good customer service.

Cons

• Distance to travel
• Higher fees than most exchanges.

How to buy Bitcoin in Miami

These are the simplest steps to buy Bitcoin cryptocurrency online, while you’re still in Miami Florida, United States of America.

See the steps below…

1. Get a crypto wallet (Ledger Nano X – Read review here)
2. Locate your Bitcoin wallet address
3. Choose any exchange of your choice
4. Create an account on the platform
5. Purchase the cryptocurrency
6. Transfer the crypto-coin to a secure wallet.

Congratulations… this exactly how to successfully buy Bitcoin and any other cryptocurrency online safely!

Buying BTC in Miami Florida

As you can see, it’s pretty easy to purchase any amount of Bitcoins in the Miami Florida. And these listed exchanges above are the best trusted ones you can use.

Do not forget to transfer your cryptocurrency investment out of the exchange, where you bought them. Or you stand a chance to loose it all instantly.

If you have enough money to invest in the security of your crypto-coins, I’d recommend a hardware wallet (Like; Ledger Nano X/S) because they’re among the best in the market.