The Fast and Easy Way to Buy Bitcoin in Atlanta
We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
-
Popular Exchanges to Buy Crypto & Bitcoin in Georgia
-
Bitstamp
BUY NOW at Bitstamp's Secure Site
- Crypto exchange based in Europe
- One of the oldest and most trusted exchanges
- Very low fees
Paybis
Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
Pros
- 24/7 live support
- Extremily high limits
- 5 Minute verification
- Get payouts fast
- Large selection of payment methods
Cons
- No traditional orderbook for advanced traders
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
Pros
- Our map makes it super easy to find a Bitcoin ATM near you
Cons
- Bitcoin ATMs often have 5-10% fees per purchase
-
Chapter 1
Bitcoin & Cryptocurrency Trading in Georgia
After the collapse of the Soviet Union, the economy of Georgia fell drastically, but it managed to largely recover by the mid 2000s. In 2007, Georgia was ranked "the number one economic reformer", according to the World Bank. In 2018, it ranked as "the least corrupt nation in the Black Sea region", according to the Transparency International report.
In 2017, the National Bank of Georgia stated that cryptocurrency was not legal tender and there was no regulatory framowork for it. The Bank even warned Georgian citizens to be very careful about crypto transactions. Still, due to business-friendly investment laws, Georgia has become a world cryptocurrency powerhouse.
Tbilisi - the capital of Georgia
Perhaps you live in Georgia and have considered jumping in yourself. If so, one of the easiest ways to buy Bitcoin in Georgia is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Georgia, allowing you to select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be considered before selecting one.
Additionally, Bitcoin buyers need to keep in mind that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet). If you don't have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
TREZOR T
- SCREEN:
- RELEASED: 2018
- PRICE: $320
-
Chapter 2
Best Bitcoin Wallets for Georgia
There are three main types of Bitcoin wallet and all of them are supported in Georgia:
- Software (desktop or mobile - iOS and Android wallets
- Hardware wallet
- Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.
Best for Security
Ledger Nano X
Secure storage for any cryptocurrency
More About
Ledger Nano X
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
Temporary Wallet
Coinbase
Best for storing crypto for short period of time
Learn More About
Coinbase
Coinbase is an easy-to-use iOS and Android crypto exchange and wallet. Start within 20 seconds.
Best for Desktop
Electrum
Simple yet powerful desktop wallet
More About
Electrum
Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
-
Chapter 3
How to Buy Ethereum in Georgia
Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Georgia that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.
-
Exchanges in Georgia that Support Ethereum
-
eToro
- Supports Ethereum buying & selling
Coins supported:
-
Coinmama
- Supports Ethereum buying & selling
Coins supported:
-
Paybis
- Supports Ethereum buying & selling
Coins supported:
-
Chapter 4
How to Buy Dogecoin in Georgia
Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.
-
Exchanges in Georgia that Support Dogecoin
-
eToro
- Supports Dogecoin buying & selling
Coins supported:
About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.
-
Chapter 5
How to Buy Litecoin in Georgia
Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Georgia that allow you to buy litecoin and other crypto assets for good exchange rates.
-
Exchanges in Georgia that Support Litecoin
-
eToro
- Supports Litecoin buying & selling
Coins supported:
-
Coinmama
- Supports Litecoin buying & selling
Coins supported:
-
Paybis
- Supports Litecoin buying & selling
Coins supported:
-
Chapter 6
Exchange Hacks and Crypto Scams in Georgia
Call Centre Scam
In October 2021, German and Georgian authorities raided a scam call centre. The fraud ring had set up 6 companies in Georgia targeting people living in Europe. The companies offered various financial instruments, including cryptocurrencies with assurances of a solid profit. Authorities reported that the scheme involved €9.5 million and so far 7 people have been arrested.
Reputable businesses will never call you to solicit buying crypto. To avoid scams, individuals should always use reputable exchanges like those listed above for investing in bitcoin.
-
Does Coinbase work in Georgia?
Coinbase does NOT support customers in Georgia as of September of 2020.
Where Can I Find a Bitcoin ATM in Georgia?
At this time, there are no Bitcoin ATMs in Georgia.
You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.
What is the price of Bitcoin in Georgia?
Bitcoin prices are changing every second.
The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.
How do I cash out of Bitcoin in Georgia?
Any exchange with a Georgian lari trading pair will allow you to sell your Bitcoin for fiat currency. Kraken has GEL trading pairs for many popular coins.
As of January of 2021, there are unfortunately no Bitcoin ATMs in Georgia.
LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
About the Author: Jordan Tuwiner
Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.
He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.
To learn more about Jordan, see his full bio.
Source: https://www.buybitcoinworldwide.com/georgia/
0 Response to "The Fast and Easy Way to Buy Bitcoin in Atlanta"
Post a Comment