North Carolina
A list of ways to purchase bitcoin in North Carolina.
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
Coinbase is fully licensed and available in North Carolina. NC residents can buy Bitcoin using ACH transfers, bank accounts, debit cards, PayPal, Apple Pay and wire transfers. Regulated by FinCEN and compliant with NC Money Transmitter Act.
River
Popular and well-known exchange based in the USA. Buy & trade with wire & ACH transfers.
Coinbase Advanced
Coinbase's Advanced Exchange. Best for lower fees than Coinbase Simple and for more advanced order types.
Unchained
Popular and well-known exchange based in the USA.
Kraken
Popular and well-known exchange based in the USA.
Gemini
Popular and well-known exchange based in the USA.
ATM Radar
A map that allows you to find Cash to Bitcoin ATMs in any location in the world.
Table of Contents
Exchange Support
Exchange Name | Support for North Carolina |
---|---|
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 |
---|---|---|---|
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 North Carolina
North Carolina has established a clear regulatory framework for Bitcoin through the North Carolina Money Transmitter Act. In 2016, the state updated this legislation (House Bill 289) to specifically address virtual currency businesses, making it one of the first states to provide clear guidelines for Bitcoin operations.
The Research Triangle area, encompassing Raleigh, Durham, and Chapel Hill, has become a notable Bitcoin technology hub. The region's universities and tech companies have contributed to Bitcoin development, while Charlotte's banking sector has shown increasing interest in Bitcoin infrastructure.
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. |
Coinbase Advanced | Chartered by New York State Department of Financial Services for virtual currency. |
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). |
ATM Radar | This is a map only. Please check with individual ATM operators for their regulatory status and licenses. |
Deposit Fees
These are fees exchanges may charge for deposits. Fees are subject to change.
Exchange | Deposit Fees |
---|---|
Coinbase Advanced |
ACH: Free Wire: $10 USD SEPA: €0.15 EUR SWIFT: Free |
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 North Carolina
North Carolina residents have encountered several significant Bitcoin scams. In 2020, the Charlotte-based Kings of Crypto operation, run by Michael Baldwin, defrauded investors of $4.7 million through a fraudulent Bitcoin mining scheme. Baldwin promised unrealistic returns from supposed mining operations while operating a classic Ponzi scheme.
The North Carolina Secretary of State's Securities Division actively investigates Bitcoin-related fraud and has issued multiple investor alerts about unauthorized Bitcoin trading platforms. North Carolina residents are advised to verify that any Bitcoin investment opportunity is properly registered with state authorities and to be particularly wary of mining investment schemes.
Mobile App Support
Exchange | iOS App | Android App |
---|---|---|
Robinhood | ||
Coinbase | ||
River | ||
Coinbase Advanced | ||
Unchained | ||
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.
|
Coinbase Advanced |
4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
|
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 |
Coinbase Advanced
Coinbase Advanced 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 | Same as Coinbase |
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 |
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 |