United States: how to buy crypto and what it really costs
Before you buy crypto from United States, check three things: what the local rules allow, which exchanges accept residents, and what the full cost will be once spreads, deposit, conversion and withdrawal fees are added. This guide covers all three.
Crypto rules in United States
Regulated
Buying and holding crypto is legal.
Exchanges need state licences, so some platforms are not available in every state.
Regulators: SEC · CFTC · FinCEN · state regulators (NYDFS)
Fees come from the exchanges' public APIs and official fee pages, each with its source and check date. A fee we could not verify is shown as unknown, never as zero.
No result
No exchange has complete data for this scenario.
2 of these exchanges have every other fee for this purchase; only the withdrawal fee on Bitcoin is missing.
Reference price: 1 BTC = $75,766.50. Withdrawal fee includes the network fee. Conversion applies when the exchange does not support USD. Your own bank's charges and taxes are not included.
How to buy crypto, step by step
Check that the exchange is licensed or registered to serve residents of your country, using the regulator's public register when one exists.
Create an account and complete identity verification. Regulated exchanges are required to verify who you are.
Deposit money. A bank transfer in your own currency is usually cheapest; cards are fast but often cost 2% to 4%.
Buy with a limit order where possible. A market order or an instant 'buy' button can include a wide spread.
Decide where to keep your crypto. If you withdraw to your own wallet, pick a low-cost network your wallet supports and send a small test first.
Ways to cut the cost
Compare the total cost, not the advertised trading fee. Spread and deposit fees often cost more.
Fund your account in a currency the exchange accepts, so you avoid a conversion.
Use a cheaper withdrawal network when your wallet supports it, such as Lightning for bitcoin or a layer 2 for ether.
Buy less often in larger amounts if the exchange charges fixed fees per purchase or withdrawal.
United States: how to buy crypto and what it really costs