Currency.com is one of the easiest ways to buy crypto if you live in the United States. Buy Bitcoin, Ethereum, Litecoin or Bitcoin Cash instantly with a bank card or through an ACH bank transfer. Currency.com is fully compliant with US law, and accepts residents from several states, including California.
In our opinion, Currency.com is best suited to long term investors rather than day traders. This is because in its current form, Currency.com functions as an "instant buy" and hold service, rather than a fully fledged crypto exchange. It doesn't support leverage or complex orders types beyond market buy and sell orders. However, it does provide a safe place to store crypto over time.
- Buy crypto instantly.
- Transparent deposit, withdrawal and exchange fees.
- Regulated platform, fully compliant with U.S. law.
- Currency.com only supports cash purchases, with no use of leverage.
- A 3.5% deposit fee applies to deposits made through a Visa or Mastercard. However, bank transfers are free.
- A 5% exchange fee applies to buy and sell orders, which acts as a disincentive to day trading.
- Mastercard withdrawals are not available yet.
Instant Buy Fees
Currency.com's fees are clear and transparent, and comparable to that charged by other "instant buy" services.
Deposit fees: apply on the way in, when you fund your account. Currency.com charges a 3.5% fee on deposits made using a Visa or Mastercard bank card. However, no such fees apply to ACH bank transfers (other than fees charged by your own bank). No such fees apply to crypto-currency deposits (other than blockchain gas fees).
Exchange fees: a 5% fee applies at all times whenever you exchange fiat for crypto currency, crypto currency for fiat, or crypto for crypto..
Withdrawal fees: apply on the way out. Withdrawals to a bank account are free. Currency.com only charges a USD/GBP/EUR 1 fee on withdrawals to a Visa. Please note that withdrawals to a Mastercard aren't available yet.
Is Currency.com legal in the USA?
Yes, Currency.com is legal in the USA.
However, at present, it only accept residents from the following states:
- North Dakota