Connecticut

A list of ways to purchase bitcoin in Connecticut.


Robinhood

Robinhood

Robinhood is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and holds a Connecticut Money Transmission License.

Coinbase

Coinbase

Coinbase is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and holds a Connecticut Money Transmission License.

River

River

River is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers or bank accounts. Regulated by FinCEN and holds a Connecticut Money Transmission License.

Unchained

Unchained

Unchained is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and holds a Connecticut Money Transmission License.

Kraken

Kraken

Kraken is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and holds a Connecticut Money Transmission License.

Gemini

Gemini

Gemini is fully available to residents of Connecticut. CT residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and holds a Connecticut Money Transmission License.

ATM Radar

ATM Radar

Coin ATM Radar helps you locate Bitcoin ATMs across Connecticut. The map shows ATM locations, operators, fees, and supported cryptocurrencies. Locations in cities like Hartford, New Haven, Bridgeport, and many other towns.

Bitcoin Depot

Bitcoin Depot

Bitcoin Depot is a company that specializes in making cash to Bitcoin machines in the USA. They have locations in Hartford, New Haven, Bridgeport and many other towns.

Exchange Support


Exchange Name Support for Connecticut
Binance.us Yes
Coinbase Yes
Kraken Yes
Kucoin No
Gemini Yes
Uphold Yes
Luno No
Crypto.com Yes






Frequently Asked Questions



If I Bought Bitcoin

See how much you would have made if you bought Bitcoin in the past.






Transaction Fees

A look at the transaction fees for each exchange, both spread and commission.

  • Spread fee: Exchanges may charge a higher price than the actual price of Bitcoin.
  • Fee: Exchange fee for the transaction.
  • Total fees: The sum of the spread fee and the fee.
Exchange Spread Fee Fee Total Fees
KrakenKraken 0.0% 0.4% 0.4%
RobinhoodRobinhood 0.55% 0.0% 0.55%
RiverRiver 0.3% 1.0% 1.3%
GeminiGemini 0.5% 2.99% 3.49%
CoinbaseCoinbase 1.0% 2.99% 3.99%

Actual fees may vary. Fees are subject to change. Fee estimates based on our research and testing. Some exchanges may charge less depending on volume.


Estimated Fees on $100

An estimate of the fees for buying $100 worth of Bitcoin using a bank account.

Exchange Total Cost on $100
KrakenKraken $0.4
RobinhoodRobinhood $0.55
RiverRiver $1.3
GeminiGemini $3.49
CoinbaseCoinbase $3.99


History of Bitcoin in Connecticut

Connecticut has established itself as a significant player in Bitcoin regulation and adoption. In 2017, Connecticut passed House Bill 7141, which amended the state's money transmission laws to explicitly include virtual currency businesses, making it one of the first states to create a clear regulatory framework for Bitcoin companies.

The state's Department of Banking has taken an active role in overseeing cryptocurrency activities, requiring money transmission licenses for companies dealing with Bitcoin. Connecticut has also been home to several Bitcoin ATM operators and has seen growing adoption of cryptocurrency services among its financial technology sector.



Financial & Regulatory Licenses

Exchange Licenses & Regulation
RobinhoodRobinhood FinCEN as a money services business. U.S. SEC as a broker-dealer.
CoinbaseCoinbase Chartered by New York State Department of Financial Services for virtual currency.
RiverRiver Registered MSB with FinCEN.
UnchainedUnchained NMLS ID 1900773. Loans originated through Lead Bank (FDIC member).
KrakenKraken Registered money services business with FinCEN (USA).
GeminiGemini New York State Department of Financial Services (NYDFS).
ATM RadarATM Radar This is a map only. Please check with individual ATM operators for their regulatory status and licenses.
Bitcoin DepotBitcoin Depot Registered MSB with FinCEN in the USA and FINTRAC in Canada. Licensed for money transmission in applicable US states.


Deposit Fees

These are fees exchanges may charge for deposits. Fees are subject to change.

Exchange Deposit Fees
CoinbaseCoinbase ACH: Free
Wire: $10 USD
SEPA: €0.15 EUR
SWIFT: Free
GeminiGemini ACH: $0
Wire: $0
SEPA: $0
SWIFT: $0
KrakenKraken ACH: $0
Wire: $0
SEPA: $0
SWIFT: $3
RiverRiver ACH: $0
Wire: $0
RobinhoodRobinhood ACH: $0
SWIFT: $0



Bitcoin Scams in Connecticut

Connecticut residents have faced various Bitcoin-related scams, prompting the state's Department of Banking to issue multiple investor alerts. A notable case involved the GAW Miners scandal, where a Connecticut-based company allegedly defrauded investors through a fraudulent virtual currency mining operation.

The Connecticut Department of Banking regularly warns residents about common Bitcoin scams, including fake investment platforms and fraudulent initial coin offerings (ICOs). Connecticut investors are encouraged to verify that any Bitcoin-related business is properly registered with state authorities and to exercise extreme caution with unsolicited investment opportunities.



Mobile App Support

Exchange iOS App Android App
RobinhoodRobinhood
CoinbaseCoinbase
RiverRiver
UnchainedUnchained
KrakenKraken
GeminiGemini


Earn Interest & Rewards

The following table shows interest rates offered by exchanges.

Exchange Interest Rate & Details
CoinbaseCoinbase 4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
RiverRiver 3.8%
Earn 3.8% interest on FDIC-insured cash, paid out in Bitcoin. No fees or minimums. Withdraws allowed anytime.
KrakenKraken 0.15% - 6.5%
Available for BTC (0.15% bonded/0.1% flexible), USDT/USD/USDC (6.5% bonded/4.5% flexible), and EUR (4.45% bonded/3.5% flexible).




Exchange snapshots

Robinhood

Visit Exchange
Robinhood snapshot
Minimum Deposit $1
iOS app score 4.2
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.2
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Debit Card, Bank Account, Wire Transfer
Review Read our review

Coinbase

Visit Exchange
Coinbase snapshot
Minimum Deposit $1
iOS app score 4.7
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.6
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Wire Transfer, Debit Card, Bank Account, PayPal, Apple Pay, iDEAL, SEPA, Interac e-Transfer, Instant Verification, Google Pay
Review Read our review

River

Visit Exchange
River snapshot
Minimum Deposit $1
iOS app score 4.8
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.9
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Bank Account, Wire Transfer
Review Read our review

Unchained

Visit Exchange
Unchained snapshot
Minimum Deposit $2,000
iOS app score 4.8
Official rating from the iOS App Store as of November 18, 2024.
Deposit Methods ACH, Wire Transfer, Bank Account
Review Read our review

Kraken

Visit Exchange
Kraken snapshot
Minimum Deposit $1
iOS app score 4.7
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.3
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Bank Account, Apple Pay, Google Pay, SEPA, Interac e-Transfer, Debit Card, PayPal, Instant Verification

Gemini

Visit Exchange
Gemini snapshot
Minimum Deposit $1
iOS app score 4.8
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.2
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Bank Account, PayPal, Apple Pay, Debit Card, Google Pay

ATM Radar

Visit Exchange
ATM Radar snapshot
Minimum Deposit Each ATM will have a different minimum deposit amount.
iOS app score 4.5
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.5
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods Cash

Bitcoin Depot

Visit Exchange
Bitcoin Depot snapshot
Minimum Deposit $1
iOS app score 4.4
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.3
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods Cash