Is Coinbase legal in Hawaii? In particular, Coinbase announced that it was suspending its business in Hawaii, due to the state imposing certain reserve requirements on cryptocurrency exchange. As Coinbase is a popular choice for Americans looking to buy Bitcoin, this can lead some Hawaiians to doubt Bitcoin’s legal status.
What crypto platforms are allowed in Hawaii? CEX.io is one of the exchanges that was accepted into Hawaii’s latest cryptocurrency program, allowing residents of Hawaii to buy and sell Bitcoin and a variety of other crypto using payment methods such as Visa, Mastercard, Bank Transfer and Cryptocurrency.
How do you do crypto in Hawaii?
- Step 1: Find an approved exchange. Hawaii’s trial run into cryptocurrency allows six crypto exchanges to operate in the state.
- Step 2: Research digital wallets. After you’ve narrowed down an exchange, you’ll need a crypto wallet.
- Step 3: Buy crypto coins.
Can I use Binance US in Hawaii? Binance.US is not available in Hawaii, Idaho, Louisiana, New York, Texas, or Vermont. For people outside of those states looking to invest in crypto, Binance.US offers both an easy buy/sell interface and more advanced trading views.