How to buy Bitcoin (BTC) in the United States
Getting started with Bitcoin can feel overwhelming, but learning how to buy Bitcoin on OKX in the United States is simpler than you think. Create an OKX account, get verified, and buy Bitcoin using your preferred payment method and currency in a matter of minutes. USD and other currencies available.
The features and methods detailed on this page are subject to regional restrictions.
The features and methods detailed on this page are subject to regional restrictions.
Bitcoin (BTC) is currently at
$78,148.10
$223.00 (+0.29%)
Last updated on --.
How can I buy Bitcoin on OKX?
Whether you're new to crypto or an experienced trader, you can buy Bitcoin using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Bitcoin
Select Bitcoin and buy using your chosen method.
Step four
Receive your Bitcoin
Confirm your purchase and store your Bitcoin in your portfolio.
What's Bitcoin?
Bitcoin is a digital form of value you can send on the internet, like an email you can’t copy or change. Instead of a bank keeping the records, thousands of computers around the world agree on the same list of transactions. This makes it open and hard to tamper with. It exists to let people transfer value directly, peer to peer, anytime, anywhere, without relying on a single company. Think of it as a shared public ledger that everyone can check and no single person controls.
How can I buy Bitcoin?
1) Create your OKX account: Sign up with your email, set a strong password, and complete identity verification as required in the United States. 2) Add a payment method: Link a U.S. bank account for ACH or wire transfer, or use a debit/credit card. Confirm small test deposits if prompted. 3) Deposit funds: Initiate an ACH or wire deposit, or pay by card for faster availability (fees may vary). 4) Buy Bitcoin: Search BTC, choose Buy, enter the amount, review fees and rate, and confirm your order. 5) Review holdings in your OKX portfolio.
Why do people buy Bitcoin?
People choose Bitcoin because it works across borders, runs 24/7, and is independent of a single company or country. It can be used for peer-to-peer transfers, tipping, donations, and as a way to move value between platforms. Many services accept it for goods and services, and it often acts as a gateway to the wider crypto ecosystem. Limitations include network fees that can vary, slower settlement during busy periods, and irreversible transactions, which require careful handling of addresses and security practices.
Things to know before buying Bitcoin in the United States
In the United States, owning and using Bitcoin is legal, but activities like trading or offering services may require state or federal licensing for businesses. Expect to complete KYC and AML verification on OKX, including ID checks and, at times, proof of address. For taxes, the IRS treats crypto as property: selling, swapping, or spending can create capital gains or losses, while Bitcoin received from mining or rewards is generally taxable as income. Keep detailed records of transactions, cost basis, and dates to simplify annual reporting.
What are other ways to own Bitcoin?
You can obtain Bitcoin without a direct purchase by earning it. Some platforms offer Learn-and-Earn tasks or educational quizzes with small BTC rewards. Referral or deposit campaigns may provide bonuses if you meet specific requirements. Mining is another route, but it demands specialized hardware, ongoing electricity costs, and technical setup. Liquidity provision or wrapped BTC in decentralized apps can earn fees, but carries smart contract and market risks and is advanced. Always read terms, understand lock-up periods, and note that rewards can change or end.
How can I store my Bitcoin?
It’s normal to worry about loss or hacks. Start by choosing the right storage for your needs. Custodial storage on OKX is convenient and backed by controls like proof of reserves disclosures, while non-custodial wallets give you full control but require careful self-custody. Hot wallets (apps connected to the internet) are easy to use but more exposed. Cold wallets (hardware or offline) add strong protection with less convenience. Always back up your recovery phrase offline, enable two-factor authentication, and test small transfers before moving larger amounts.
Why should I buy Bitcoin on OKX in the United States?
Learn more about the security measures keeping your Bitcoin safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
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How to get Bitcoin for free
Invite friends, earn rewards
See how you can get free Bitcoin when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Bitcoin grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Bitcoin airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Bitcoin
Take advantage of price fluctuations and trade your Bitcoin for other cryptocurrencies.
Send Bitcoin
Send your Bitcoin anywhere, anytime with fast, low-cost transfers.
Spend Bitcoin
Use your Bitcoin to pay for goods, services, and experiences seamlessly.
Hold Bitcoin
If you think your Bitcoin will increase in value, you can hold onto it.
Sell Bitcoin
Convert your Bitcoin to cash quickly and securely.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Bitcoin BTC safely on a trusted exchange like OKX.
Choose the best exchange to buy Bitcoin (BTC) depending on your individual needs. Factors to consider when picking the best place to buy Bitcoin (BTC) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Bitcoin. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Bitcoin (BTC), as well as fiat withdrawal options.
This depends on the method you use to convert Bitcoin (BTC) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
To buy Bitcoin in the United States, the first step is to create an account with a cryptocurrency exchange that supports Bitcoin. After signing up, you may need to complete identity verification before you can start trading. Once you get verified, you can deposit funds using a payment method that suits you, such as bank transfer, credit card, or supported e-wallet services.
Once you’ve funded your account, you can choose to buy Bitcoin at the current market price or set a limit order to specify your purchase price. Exchanges will usually show you the amount of Bitcoin you’ll receive for the amount you intend to buy, so you can review it before confirming your order.
After you buy Bitcoin, it’ll be credited to the exchange wallet linked to your account. While you can hold it there, many choose to transfer their Bitcoin to a private or hardware wallet for additional control and security. Always review fees, available payment methods, and withdrawal options to ensure a smooth experience when buying Bitcoin in the United States.
Once you’ve funded your account, you can choose to buy Bitcoin at the current market price or set a limit order to specify your purchase price. Exchanges will usually show you the amount of Bitcoin you’ll receive for the amount you intend to buy, so you can review it before confirming your order.
After you buy Bitcoin, it’ll be credited to the exchange wallet linked to your account. While you can hold it there, many choose to transfer their Bitcoin to a private or hardware wallet for additional control and security. Always review fees, available payment methods, and withdrawal options to ensure a smooth experience when buying Bitcoin in the United States.
To cash out of Bitcoin in the United States, the first step is to transfer your tokens to a cryptocurrency exchange that supports withdrawals into fiat currency. Once your Bitcoin is deposited into your exchange wallet, you can place a sell order. Depending on the exchange, you may be able to sell Bitcoin directly into local currency or first convert it into a widely used cryptocurrency like Bitcoin (BTC) or Tether (USDT) before cashing out.
After completing the sale, your balance will appear in fiat currency within your exchange account. From there, you can withdraw funds through available payment channels such as bank transfers, card withdrawals, or third-party payment providers. The specific options and processing times vary across platforms, so reviewing withdrawal fees, limits, and timelines beforehand is recommended.
Finally, keep in mind that most exchanges require account verification before enabling fiat withdrawals, especially for larger amounts. By ensuring your account details are up to date, you can help avoid delays when transferring funds from your exchange wallet to your personal bank account in the United States.
After completing the sale, your balance will appear in fiat currency within your exchange account. From there, you can withdraw funds through available payment channels such as bank transfers, card withdrawals, or third-party payment providers. The specific options and processing times vary across platforms, so reviewing withdrawal fees, limits, and timelines beforehand is recommended.
Finally, keep in mind that most exchanges require account verification before enabling fiat withdrawals, especially for larger amounts. By ensuring your account details are up to date, you can help avoid delays when transferring funds from your exchange wallet to your personal bank account in the United States.
The price of Bitcoin in the United States is determined by supply and demand across cryptocurrency exchanges. Since digital assets are traded globally, the value of Bitcoin is usually quoted in major currencies such as USD, but most exchanges also display prices in local currency. This makes it easier to see the equivalent value of Bitcoin when buying or selling within the United States.
It is important to note that cryptocurrency prices can fluctuate significantly within short periods of time. Factors such as market liquidity, trading volume, investor sentiment, and broader market conditions can all influence the value of Bitcoin. As a result, the quoted price you see may change between the moment you check and the time you complete a transaction.
To stay updated, you can monitor live market data on exchanges or use crypto tracking tools that provide real-time prices, historical charts, and conversion calculators. This helps you understand the current value of Bitcoin in the United States and make more informed trading decisions.
It is important to note that cryptocurrency prices can fluctuate significantly within short periods of time. Factors such as market liquidity, trading volume, investor sentiment, and broader market conditions can all influence the value of Bitcoin. As a result, the quoted price you see may change between the moment you check and the time you complete a transaction.
To stay updated, you can monitor live market data on exchanges or use crypto tracking tools that provide real-time prices, historical charts, and conversion calculators. This helps you understand the current value of Bitcoin in the United States and make more informed trading decisions.
Countries and regions vary in how they classify and tax digital asset transactions and crypto holdings. Some treat digital assets as currency or money, others as property or commodities, which directly affects tax obligations and reporting requirements. In jurisdictions like the United States, and many others, it is generally expected that you’ll need to pay capital gains tax when selling or swapping Bitcoin, but specific tax rules may vary. While buying Bitcoin itself is often not taxable, profits realized from trading, selling, or exchanging Bitcoin may be subject to income tax or capital gains tax under local tax frameworks.
Additionally, regulators are increasingly focusing on how to classify and regulate crypto for tax purposes, with many countries setting reporting obligations for digital asset holdings and transactions. Due to the evolving nature of crypto regulations globally, it’s crucial for traders to stay informed about local laws, reporting deadlines, and potential tax liabilities related to their crypto activity.
Additionally, regulators are increasingly focusing on how to classify and regulate crypto for tax purposes, with many countries setting reporting obligations for digital asset holdings and transactions. Due to the evolving nature of crypto regulations globally, it’s crucial for traders to stay informed about local laws, reporting deadlines, and potential tax liabilities related to their crypto activity.
You can buy Bitcoin in the United States, provided that it’s supported within the local regulatory framework. To get started, create an account on a reputable crypto exchange. Once you complete identity verification, you’ll be able to deposit funds using supported payment methods such as bank transfers, card payments, or other available options in the United States. With your account funded, you can search for Bitcoin and place an order—either buying instantly at the market price or setting a limit order if you prefer to choose your own entry price. The options available will depend on your chosen exchange.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.