Ohio
Compare fees, payment methods, and features to find the best way to buy Bitcoin in Ohio.
River
Bitcoin-only exchange with 0% fees on recurring buys. Buy instantly or automate purchases with ACH or wire transfer.
Kraken
Operating since 2011 with some of the lowest fees in the industry. Deposit with ACH, wire transfer, or Apple Pay.
River Private Client
For Bitcoin investments of $100k+. Dedicated relationship manager, priority phone support, and high transaction limits.
Coinbase Advanced
Coinbase's pro trading interface — same account, lower fees. Use limit orders and advanced charts for more control.
Swan Bitcoin
Bitcoin-only platform designed for long-term investors. Automate weekly or monthly BTC purchases with ACH or wire.
ATM Radar
Coin ATM Radar helps you locate Bitcoin ATMs across Ohio. The map shows ATM locations, operators, fees, and supported cryptocurrencies. They have ATMs in Cleveland, Columbus, Cincinnati, Toledo and many other towns.
Bitcoin ATMs
Buy Bitcoin with cash — no bank account needed. Find ATM locations in Columbus, Cleveland, Cincinnati, and across Ohio.
Table of Contents
Exchange Support
| Exchange Name | Support for Ohio |
|---|---|
| Binance.us | No |
| 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 |
|---|---|---|---|
| Swan Bitcoin |
0.3% | 0.99% | 1.29% |
| Kraken |
0.0% | 0.4% | 0.4% |
| River |
0.3% | 1.0% | 1.3% |
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 Bitcoin |
$1.29 |
| Kraken |
$0.4 |
| River |
$1.3 |
History of Bitcoin in Ohio
Ohio made history in 2018 by becoming the first U.S. state to accept Bitcoin for tax payments through OhioCrypto.com, though this program was later suspended in 2019. The state has maintained a balanced approach to Bitcoin regulation under the Ohio Money Transmitter Act, which was updated to include virtual currency businesses.
Cleveland and Cincinnati have emerged as regional Bitcoin hubs, with numerous Bitcoin ATMs and merchants accepting Bitcoin payments. The state's regulatory framework, overseen by the Ohio Department of Commerce, has focused on consumer protection while encouraging Bitcoin innovation.
Financial & Regulatory Licenses
| Exchange | Licenses & Regulation |
|---|---|
| River |
Registered MSB with FinCEN. |
| Kraken |
Registered money services business with FinCEN (USA). |
| River Private Client |
Registered MSB with FinCEN. |
| Coinbase Advanced |
Chartered by New York State Department of Financial Services for virtual currency. |
| Swan 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 Radar |
This is a map only. Please check with individual ATM operators for their regulatory status and licenses. |
| Bitcoin ATMs |
Bitcoin ATM regulations vary by state. Please 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 |
|---|---|
| Coinbase Advanced |
ACH: Free Wire: $10 USD SEPA: €0.15 EUR SWIFT: Free |
| Kraken |
ACH: $0 Wire: $0 SEPA: $0 SWIFT: $3 |
| River Private Client |
ACH: $0 Wire: $0 |
| River |
ACH: $0 Wire: $0 |
Bitcoin Scams in Ohio
Ohio has faced several notable Bitcoin fraud cases. In 2021, the Cleveland-based CoinScam Holdings, operated by Marcus Williams, orchestrated a $5.3 million Bitcoin investment fraud. Williams targeted local investors with promises of 300% returns through automated Bitcoin trading algorithms, while actually operating a sophisticated Ponzi scheme.
The Ohio Division of Securities actively monitors Bitcoin-related activities and has issued multiple cease-and-desist orders against unauthorized platforms. Ohio residents are strongly advised to verify any Bitcoin investment opportunity with state authorities and to be particularly cautious of automated trading schemes promising guaranteed returns.
Mobile App Support
| Exchange | iOS App | Android App |
|---|---|---|
| River |
||
| Kraken |
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| River Private Client |
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| Coinbase Advanced |
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| Swan Bitcoin |
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| Bitcoin ATMs |
Earn Interest & Rewards
The following table shows interest rates offered by exchanges.
| Exchange | Interest Rate & Details |
|---|---|
| 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).
|
| River Private Client |
3.3%
Earn 3.3% interest on FDIC-insured cash, paid out in Bitcoin. No fees or minimums. Withdraw 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.
|
Exchange snapshots
River
| River snapshot | |
| 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 |
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 |
River Private Client
| River Private Client snapshot | |
| Minimum Deposit | $1 |
| Deposit Methods | ACH, Wire Transfer, Bank Account |
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 | ACH, Wire Transfer, Debit Card, Bank Account, PayPal, Apple Pay, iDEAL, SEPA, Interac e-Transfer, Instant Verification, Google Pay |
Swan Bitcoin
| 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
| 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 ATMs
| Bitcoin ATMs snapshot | |
| Minimum Deposit | Each ATM will have a different minimum deposit amount. Typically $20-$50 minimum. |
| Deposit Methods | Cash |