Georgia

A list of ways to purchase bitcoin in Georgia.


Exchange Support


Exchange Name Support for Georgia
Binance.us No
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 Georgia

Georgia has emerged as a significant player in the Bitcoin mining industry, particularly due to its relatively low electricity costs and business-friendly environment. The state became notable in the Bitcoin world when Bitfury, one of the largest Bitcoin mining companies, established a major mining center in Tbilisi in 2014.

The state's regulatory approach to Bitcoin has been relatively open, with the Georgia Department of Banking and Finance requiring money transmitter licenses for Bitcoin businesses. Atlanta has developed into a regional Bitcoin hub, hosting numerous Bitcoin ATMs and merchants accepting Bitcoin payments.



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).
UpholdUphold FinCEN (USA), FCA (UK), FINTRAC (Canada), FCIS (EU)
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
UpholdUphold ACH: Free
Wire: $0 - $20
SEPA: Free
FPS: Free



Bitcoin Scams in Georgia

Georgia has seen several notable Bitcoin fraud cases. In 2019, a Gwinnett County resident was charged with operating a $750,000 Bitcoin investment scheme that promised unrealistic returns through a fake trading platform. Another significant case occurred in 2021 when two Atlanta-based individuals were arrested for laundering millions in Bitcoin obtained through romance scams targeting the elderly.

The Georgia Department of Banking and Finance actively monitors Bitcoin-related activities and has issued specific warnings about peer-to-peer Bitcoin trading scams on platforms like LocalBitcoins. Georgia residents are advised to use only licensed exchanges and to be wary of unsolicited Bitcoin investment opportunities, particularly those promising guaranteed returns.



Mobile App Support

Exchange iOS App Android App
RobinhoodRobinhood
CoinbaseCoinbase
RiverRiver
UnchainedUnchained
KrakenKraken
GeminiGemini
UpholdUphold


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).
UpholdUphold 2 - 4.65%
Earn up to 4.65% APY on USD balances of $1,000 or more, or 2% APY on balances below $1,000 in Uphold's USD Interest Account.




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

Uphold

Visit Exchange
Uphold snapshot
Minimum Deposit $1
iOS app score 4.6
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.7
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Bank Account, Apple Pay, Google Pay, Credit Card, Debit Card, SEPA, Interac e-Transfer

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