Nevada
A list of ways to purchase bitcoin in Nevada.
Robinhood
Robinhood expanded to Nevada in October 2023. Users can now buy cryptocurrencies through ACH, bank account, debit card, PayPal, Apple Pay, and wire.
Coinbase
Fully available to residents of Nevada. Residents can buy Bitcoin using ACH, bank account, debit card, PayPal, Apple Pay, and wire. Coinbase holds Nevada Money Transmitter License, MT11045.
River
Popular and well-known exchange based in the USA. Buy & trade with wire & ACH transfers.
Kraken
Kraken is available to Nevada residents and fully regulated. NV users can buy and trade Bitcoin through ACH transfers, wire transfers, and Apple Pay. Kraken is registered as a Money Services Business with FinCEN.
Gemini
Gemini is available to Nevada residents. Buy & trade Bitcoin through ACH transfers, PayPal, Apple Pay and more. Gemini holds an Independent Trust Company License FITC00001 making it regulated by the Nevada Department of Business and Industry.
ATM Radar
Coin ATM Radar helps you locate Bitcoin ATMs across Nevada. The map shows ATM locations, operators, fees, and supported cryptocurrencies. Locations in cities like Las Vegas, Reno, Carson City, and many other towns.
Bitcoin Depot
A company that specalizes in making cash to Bitcoin machines in the USA.
Exchange Support
Exchange Name | Support for Nevada |
---|---|
Binance.us | No |
Coinbase | Yes |
Kraken | Yes |
Kucoin | No |
Gemini | Yes |
Uphold | Yes |
Luno | No |
Crypto.com | Yes |
Robinhood | Yes |
River | No |
ByBit | No |
eToro | No |
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 Nevada
Nevada has established itself as a Bitcoin-friendly state through progressive legislation. In 2017, Nevada became one of the first states to ban blockchain taxes through Senate Bill 398, which also recognized blockchain transactions as legally binding. The state's gambling industry has been particularly receptive to Bitcoin adoption, with several Las Vegas casinos accepting Bitcoin payments since 2014.
The Nevada Financial Institutions Division has developed specific guidelines for Bitcoin businesses, requiring money transmitter licenses while maintaining an open approach to innovation. Las Vegas has emerged as a major Bitcoin hub, hosting numerous Bitcoin ATMs and regular Bitcoin meetups.
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. |
Kraken | Registered money services business with FinCEN (USA). |
Gemini | New York State Department of Financial Services (NYDFS). |
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 |
Bitcoin Scams in Nevada
Nevada has encountered several notable Bitcoin fraud cases. In 2020, the Las Vegas-based My Big Coin Pay, operated by Randall Crater, was exposed for defrauding investors of $6 million through a fraudulent Bitcoin investment scheme. Crater promised investors that their funds were backed by $300 million in gold and guaranteed returns from Bitcoin trading.
The Nevada Securities Division has been proactive in combating Bitcoin fraud, issuing emergency cease-and-desist orders against unauthorized Bitcoin operations. Nevada residents are advised to exercise due diligence when investing in Bitcoin and to verify that any Bitcoin trading platform is properly licensed with state authorities.
Mobile App Support
Exchange | iOS App | Android App |
---|---|---|
Robinhood | ||
Coinbase | ||
River | ||
Kraken | ||
Gemini |
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).
|
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 |
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 |
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 |