Arizona

A list of ways to purchase bitcoin in Arizona.


Exchange Support


Exchange Name Support for Arizona
Binance.us Yes
Coinbase Yes
Kraken Yes
Kucoin No
Fold Yes
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
Swan BitcoinSwan Bitcoin 0.0% 0.99% 0.99%
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
Swan BitcoinSwan Bitcoin $0.99
KrakenKraken $0.4
RobinhoodRobinhood $0.55
RiverRiver $1.3
GeminiGemini $3.49
CoinbaseCoinbase $3.99


History of Bitcoin in Arizona

Arizona has been one of the more progressive US states regarding cryptocurrency adoption and regulation. In 2017, Arizona made headlines by becoming one of the first states to officially recognize blockchain signatures and smart contracts through House Bill 2417.

In 2018, Arizona attempted to pass Senate Bill 1091, which would have allowed residents to pay their taxes using cryptocurrencies. While this bill ultimately didn't pass, it demonstrated the state's forward-thinking approach to digital assets. Arizona defines virtual currencies as digital representations of value that function as a medium of exchange, unit of account, or store of value.



Financial & Regulatory Licenses

Exchange Licenses & Regulation
RiverRiver Registered MSB with FinCEN.
CoinbaseCoinbase Chartered by New York State Department of Financial Services for virtual currency.
KrakenKraken Registered money services business with FinCEN (USA).
Coinbase AdvancedCoinbase Advanced Chartered by New York State Department of Financial Services for virtual currency.
RobinhoodRobinhood FinCEN as a money services business. U.S. SEC as a broker-dealer.
GeminiGemini New York State Department of Financial Services (NYDFS).
Swan BitcoinSwan Bitcoin Swan connects users to licensed custodians Bakkt, BitGo, and Equity Trust, ensuring compliance with state laws. Bakkt is BitLicensed and FinCEN registered; BitGo and Equity Trust operate under their own regulations.
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
Coinbase AdvancedCoinbase Advanced ACH: Free
Wire: $10 USD
SEPA: €0.15 EUR
SWIFT: Free
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 Arizona

Arizona residents have been targeted by several cryptocurrency scams, including the Crypto Alaska Ltd. scam. This fraudulent scheme promised to double any Bitcoin investment within 24 hours, using a professional-looking website to lure victims.

The scam operated from an unknown foreign location and either paid early investors using new investor funds or simply took the bitcoins and disappeared. Arizona residents are urged to be extremely cautious when investing in cryptocurrencies and to thoroughly research any investment opportunity before participating.



Mobile App Support

Exchange iOS App Android App
RiverRiver
CoinbaseCoinbase
KrakenKraken
Coinbase AdvancedCoinbase Advanced
RobinhoodRobinhood
GeminiGemini
Swan BitcoinSwan Bitcoin


Earn Interest & Rewards

The following table shows interest rates offered by exchanges.

Exchange Interest Rate & Details
RiverRiver 3.8%
Earn 3.8% interest on FDIC-insured cash, paid out in Bitcoin. No fees or minimums. Withdraws allowed anytime.
CoinbaseCoinbase 4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
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).
Coinbase AdvancedCoinbase Advanced 4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.




Exchange snapshots

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

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

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

Coinbase Advanced

Visit Exchange
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

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

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 -

Swan Bitcoin

Visit Exchange
Swan Bitcoin snapshot
Minimum Deposit $1
iOS app score 4.8
Official rating from the iOS App Store as of November 18, 2024.
Android app score 4.3
Official rating from the Android Play Store as of November 18, 2024.
Deposit Methods ACH, Bank Account, Wire 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