Arizona
Compare fees, payment methods, and features to find the best way to buy Bitcoin in Arizona.
River
Bitcoin-only exchange with 0% fees on recurring buys. Buy instantly or set up automatic purchases with ACH or wire transfer.
Gemini
Regulated by NY DFS. Buy Bitcoin with ACH, PayPal, Apple Pay, or wire transfer.
eToro
Buy Bitcoin ETFs with 0% fees, or actual BTC with 1% fee. Fund with ACH.
Kraken
Operating since 2011 with some of the lowest trading fees. Deposit with ACH, wire transfer, or Apple Pay.
River Private Client
For Bitcoin investments of $100k+. Dedicated advisor, priority phone support, and high transaction limits.
Coinbase
Largest US exchange with 100M+ users. Buy Bitcoin with ACH, debit card, PayPal, Apple Pay, or wire transfer.
Bitcoin ATMs
Buy Bitcoin with cash — no bank account needed. Find ATM locations in Phoenix, Tucson, Mesa, and across Arizona.
Table of Contents
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
What If You 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% |
| 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 |
| River |
$1.3 |
| Gemini |
$3.49 |
| Coinbase |
$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 |
|---|---|
| River |
Registered MSB with FinCEN in the United States. |
| Gemini |
Licensed by the New York State Department of Financial Services (NYDFS). |
| eToro |
Registered with FinCEN; regulated by the SEC and FINRA in the United States. |
| Kraken |
Registered MSB with FinCEN in the United States. |
| River Private Client |
Registered MSB with FinCEN in the United States. |
| Coinbase |
Chartered by the New York State Department of Financial Services (NYDFS) for virtual currency. |
| Bitcoin ATMs |
Regulations vary by jurisdiction; check with individual ATM operators for their regulatory status. |
Deposit Fees
These are fees exchanges may charge for deposits. Fees are subject to change.
| Exchange | Deposit Fees |
|---|---|
| River |
ACH: $0 Wire: $0 |
| Gemini |
ACH: $0 Wire: $0 SEPA: $0 SWIFT: $0 |
| eToro |
ACH: $0 |
| Kraken |
ACH: $0 Wire: $0 SEPA: $0 SWIFT: $3 |
| River Private Client |
ACH: $0 Wire: $0 |
| Coinbase |
ACH: Free Wire: $10 USD SEPA: €0.15 EUR SWIFT: Free |
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 AppiOS | Android AppAndroid |
|---|---|---|
Earn Interest & Rewards
The following table shows interest rates offered by exchanges.
| Exchange | Interest Rate & Details |
|---|---|
| River |
3.3%
Earn 3.3% 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).
|
| River Private Client |
3.3%
Earn 3.3% interest on FDIC-insured cash, paid out in Bitcoin. No fees or minimums. Withdraw anytime.
|
| Coinbase |
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
| Minimum Deposit | $1 |
| iOS app score |
4.9
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, Bank Account, Wire Transfer |
| Review | Read our review |
Gemini
| 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, Wire Transfer, PayPal, Apple Pay, Google Pay |
eToro
| Minimum Deposit | $1 |
| Deposit Methods | ACH, Bank Account, PayPal |
Kraken
| 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 |
River Private Client
| Minimum Deposit | $1 |
| Deposit Methods | ACH, Wire Transfer, Bank Account |
Coinbase
| 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, Google Pay |
Bitcoin ATMs
| Minimum Deposit | Each ATM will have a different minimum deposit amount. Typically $20-$50 minimum. |
| Deposit Methods | Cash |