Georgia
A list of ways to purchase bitcoin in Georgia.
Robinhood
Popular and well-known exchange based in the USA. Buy & trade with ACH transfers. Also offers U.S. Bitcoin ETFs like IBIT and FBTC.
Coinbase
Popular and well-known exchange based in the USA. Buy & trade with ACH transfers.
River
Popular and well-known exchange based in the USA. Buy & trade with wire & ACH transfers.
Unchained
Popular and well-known exchange based in the USA.
Kraken
Kraken is available to Georgia residents and fully regulated. GA users can buy and trade Bitcoin through ACH transfers, wire transfers, and Apple Pay.
Gemini
Gemini is available to Georgia residents and fully regulated. GA users can buy and trade Bitcoin through ACH transfers, PayPal, Apple Pay and other payment options.
Uphold
Popular exchange based in the USA with support for multiple payment methods.
ATM Radar
Coin ATM Radar helps you locate Bitcoin ATMs across Georgia. The map shows ATM locations, operators, fees, and supported cryptocurrencies. They have ATMs in Atlanta, Savannah, Columbus and many other towns.
Bitcoin Depot
Bitcoin Depot is a company that specializes in making cash to Bitcoin machines in the USA. They have locations in Atlanta, Savannah, Columbus and many other towns.
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 |
---|---|---|---|
Kraken | 0.0% | 0.4% | 0.4% |
Robinhood | 0.55% | 0.0% | 0.55% |
River | 0.3% | 1.0% | 1.3% |
Gemini | 0.5% | 2.99% | 3.49% |
Coinbase | 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 |
---|---|
Kraken | $0.4 |
Robinhood | $0.55 |
River | $1.3 |
Gemini | $3.49 |
Coinbase | $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 |
---|---|
Robinhood | FinCEN as a money services business. U.S. SEC as a broker-dealer. |
Coinbase | Chartered by New York State Department of Financial Services for virtual currency. |
River | Registered MSB with FinCEN. |
Unchained | NMLS ID 1900773. Loans originated through Lead Bank (FDIC member). |
Kraken | Registered money services business with FinCEN (USA). |
Gemini | New York State Department of Financial Services (NYDFS). |
Uphold | FinCEN (USA), FCA (UK), FINTRAC (Canada), FCIS (EU) |
ATM Radar | This is a map only. Please check with individual ATM operators for their regulatory status and licenses. |
Bitcoin 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 |
---|---|
Coinbase |
ACH: Free Wire: $10 USD SEPA: €0.15 EUR SWIFT: Free |
Gemini |
ACH: $0 Wire: $0 SEPA: $0 SWIFT: $0 |
Kraken |
ACH: $0 Wire: $0 SEPA: $0 SWIFT: $3 |
River |
ACH: $0 Wire: $0 |
Robinhood |
ACH: $0 SWIFT: $0 |
Uphold |
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 |
---|---|---|
Robinhood | ||
Coinbase | ||
River | ||
Unchained | ||
Kraken | ||
Gemini | ||
Uphold |
Earn Interest & Rewards
The following table shows interest rates offered by exchanges.
Exchange | Interest Rate & Details |
---|---|
Coinbase |
4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
|
River |
3.8%
Earn 3.8% interest on FDIC-insured cash, paid out in Bitcoin. No fees or minimums. Withdraws allowed anytime.
|
Kraken |
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).
|
Uphold |
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
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
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
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
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
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
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
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
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
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 |