Where to Buy Bitcoin Kansas

Kansas has many options to buy bitcoin – via legal cryptocurrency exchanges, bitcoin ATMs, mining and the exchange for goods and services.

A snapshot of Kansas Cryptocurrency Market:

  • It is legal to buy and sell bitcoin in Kansas
  • You must be at least 18 years old to buy and sell on an exchange
  • A global Kansas cryptocurrency exchange must have a Money Transmitter License
  • A local Kansas cryptocurrency exchange that operates solely within the US does not need a State license.

If you are looking to get started with buying bitcoin, or even if you are a seasoned trader wanting to know more about bitcoin in Kansas, select from our recommended exchanges, read the reviews of available exchanges in Kansas, the tax implication and legality of buying bitcoin.

Top 5 Kansas Bitcoin Exchanges

Overview of Kansas Bitcoin Exchanges

When buying bitcoin in Kansas, there is a wide range of cryptocurrency exchanges to choose from. New comers to the market include Crypto.com, FTX.US and BlockChain.com. The big US players remain as the preferred option with Binance.US and Coinbase for Kansas, while the global exchanges lead the charge for high volume sophisticated day traders. Though Kansas exchanges need to be licensed in the State, this does not mean they equally provide a level of customer support that would aid you with buying bitcoin. Customer support is very much needed for KYC compliance, and this overhead is particularly burdensome for business, company and trust structure. This what you will find is that the low fee exchanges will not be bothered with supporting the more complex KYC accounts.

Choosing an exchange that is right for you, will depend on your circumstances. We ouline the below characteristics of an exchange that you should consider.

💰 Fees

Look for a low trading fee exchange, but balance other important attributes

Fees are a key attribute particularly if you are intending to trade often. While comparing fee percentage may show minor absolute differences, for example: a charge of 0.1% vs 0.2% is only an absolute difference of 0.1%, the 0.1% difference can actually translate to big dollar trading fee expenses. $1,000 in trading fees becomes $2,000 at another exchange.

Hence, particularly important for long term frequent traders, you should consider the fees (structure). However, be aware that the lowest fees, do not mean, they are the best exchange for you. Low fees tend to correlate to poor customer service. Don’t undervalue the importance of customer service, because you never know when you will need it as some point in time.

Sometime low fees can also be hidden among large spreads. Large spreads discount your buy and sell values, meaning you get less bang for your buck. It’s a way of an exchange clipping into your trade. There are some exchanges which market themselves as ZERO fee exchanges, but they catch you on the spreads.

📞 Customer Support

Don’t underestimate the value of good Customer Support.

Professional, prompt and accurate Customer Support is important, particularly if you intend to open a business account, that is, an account for a company, trust or any other structure that is not a personal account. A non-personal account will require additional information for KYC requirements, and typically low trade platforms tend to “let slip” customer support in this area. Hence, you will often find a disgruntled customer that had attempted to open an account with Binance.US or Coinbase, but then gave it because of frustration.

The best exchanges for Customer Support tend to be the new exchanges, such as Crypto.com and FTX.US, and the higher fee charging exchanges such as CEI.IO.

🔒 Safety and Security

Safety and security has improved in leaps and bounds since the launch of bitcoin into mainstream.

A breach in security often now comes down to individuals being scammed and revealing their bitcoin keys to their wallets. Or, ironically losing keys to their wallets and therefore unable to unlock their bitcoins. All the licensed exchanges now offer customers several layers of protection. Many of the global exchanges even have insurance to protect against any losses suffered from a hack. (please note that the insurance only covers the event on an attack on an exchange and not at an individual customer).

Common layers of security includes 2FA (2 Factor Authentication), white listing IP addresses and withdrawal time limitations.

Regulatory and compliance rules is also required to be met. KYC (Know Your Customer) documentation is an onerous task, but one that must be fulfilled to prevent criminal activity. Anti-Money Laundering is also a requirement of cryptocurrency exchanges, adhered to through the monitoring of suspicious trading activity.

💳 Payment Methods

Ensure the exchange you choose, offers the payment method you want to use.

Many of the top Kansas exchanges will offer the common US payments – ACH, wire transfers, debit and credit cards, and some will also accept PayPal, Skill and Neteller. The no frills exchanges may only accept one or two types of payment methods. This doesn’t necessarily mean that the exchange is bad, as long as you are willing to use the payment methods that they offer then there are no issues.

📈 Liquidity

High Liquidity lead to quick transactions

Choosing an exchange with high liquidity permits a fast transaction. Liquidity means the number of buyers and sellers. The more buyers and sellers on an exchange, the easier it is to come to an agreed exchange price. The less buyers and sellers, the longer it will take to agree. Therefore, if you are looking to buy and sell fast, a highly used exchange will provide good liquidity. Exchanges without liquidity may take an excessive amount of time to complete a trade. This is not great, especially if the market is moving fast, and you want to lock in any of the profits you have made.

However, liquidity may not be an issue for you if you are a buy and hold trader of bitcoin. Your bitcoin investment strategy will determine your purpose and whether liquidity is an important attribute to consider for an exchange.

🪙 Cryptocurrency Selection

Diversification helps reduce risk

Buying bitcoin is a great investment for the long term. But placing all your eggs into one basket, leaves exposure to the volatility of one cryptocurrency. A common strategy to minimize volatility is to spread your investment across several cryptocurrencies. For an investor who chooses to mitigate their risk with this strategy, they will need an exchange that offers a wide range of coins and tokens that will suit their cryptocurrency goals.

Some exchanges offer hundreds of cryptocurrencies to choose from, while others are limited to the tens or twenties. As long as the exchanges offer the coins that you want to spread your risk across, then its fine.

Choose an exchange that offers the cryptocurrencies that you want to trade with.

⚙️ Platform Reliability

A reliable platform reduces frustration

The vast majority of exchanges are built on reliable platforms that are easy to use, interface well and don’t crash. But, as part of the licensing, they are required to continually improve their system controls, reliability and IT infrastructure. Occassionally, they will need to shut down their platform for maintenance which includes fixing bugs, upgrading software, adding new features. At most, a shut down will not last more than a day, and will occur outside of normal working hours.

For the vast majority of buyers of bitcoin who are long term traders, platform reliability is an important attribute but not as important as others that we have mentioned.

Kansas Bitcoin Exchange Reviews

Kanasas has a wide range of bitcoin exchanges to choose from. They can be low trading through to excellent customer service to global market makers. We review some of the most popular bitcoin exchanges available in Kansas.


Some US State have restricted Binance.US, but not Kansas. Binance.US is the lowest fee exchange coupled with high liquidity. This combination is a compelling reason to sign up to Binance.US if you are intending to open a personal account. If you are intending to open a business account that is for a company, trust or other complex structure, beaware that you may be faced with an onerous KYC process. Business accounts need more documentation to establish source of funds and ultimate owners, and it is widely known that Binance.US has a poor customer service record to help you navigate through this process. Some customers have waited over a month, with constant follow up with Binance.US to find out the status of their account application.

Aside from the potential poor experience with opening a business account, the rest of Binance.US is really good. Leveraging from the IT platform from Binance (International), Binance.US is able to provide to Kansas rich features for both novice and expert. The selection of cryptocurrencies isn’t in the hundreds, but then again it’s not small either and would suit most buyers. There are some buyers who do want to diversify into more exotic coins that aren’t available on Binance.US, but you will find that all other exchanges will not be able to cater for the needs of everyone.

Binance.US is safe and secure. There is no doubt about it. Without going into all the detail, Binance.US has been under the most scruitiny of all exchanges for compliance and regulation. Being under the spot light, they have left no stone unturned to create the safest of environments. However, this does NOT dilute the individual responsibilities of users. No matter how good any platform controls are, if a user discloses their passwords, user ids and other personal details, there is nothing a platform can do to prevent fraudulent withdrawals.

Binance.US has a download mobile app for both Android and iOS, plus a downloadable desktop app. All apps provide more than enough features for trading, but the desktop version offers better analytics.

Overall Binance.US is a platform that you can’t go wrong with. Though you may not be able to open a business account quickly, it’s worth a try.

  • Money Transmitter License: MT.0000182
  • Cryptocurrencies: 64
  • Mobile App: iOS and Android
  • Fees: 0.1% – 0.5%
  • Payment Methods: Debit Card, ACH, Wire Transfer


BlockFi has only recently come to market with an exchange platform from its origins of being a depositor and lender. There’s not to the platform at the moment, with only one payment method and limited coins. Trading volume and liquidity is small.

If you are looking beyond simply buying bitcoin, but also depositing and borrowing then consider BlockFi. But if looking to just buy and hold, or even to trade daily consider other exchanges first. BlockFi may mature further, but for the moment only join BlockFi for deposit and lending bitcoin.

  • Money Transmitter License: MT.0000165
  • Payment Methods: ACH
  • Mobile App: iOS and Android
  • Fees: embedded in the spread

CEX io cryptocurrency exchange


CEX.IO is global decentralized exchange that originated from the UK. Established in 2013, it has a good history of being a safe and secure bitcoin exchange. It’s platform has powerful analytics that would suit experienced investors. For the beginners, the layout may at first appear confusing, but it’s not difficult to be accustomed to it.

With over 4 million customers, CEX.IO is valued at over $43 billion. Specifically for Kansas, the exchange is highly liquid. Trading fees are reasonable, not the best, but their customer support more than makes up for it.

CEX.IO is an exchange that ranks as one of the best for Kansas. Alongside Binance.US and Coinbase, CEX.IO ranks highly.

  • Money Transmitter License: MT.0000153
  • Cryptocurrencies: 100+
  • Mobile App: iOS and Android
  • Fees: 0.15% – 0.25% + deposit and withdrawal fees
  • Payment Methods: Debit Card, Credit Card, ACH, Wire Transfer



Coinbase is one of the best exchanges for Kansas. It ranks highly due to its all round attributes. Trading fees are very reasonable, and are competitive with that of Binance.US. Though trading fees are reasonable, the structure is complex and can be confusing. Pay attention to your deposit and withdrawal methods as these may lead to higher fees than expected. Liquidity is exceptionally high due to the large number of buyers and sellers, hence closing out a transaction quickly is never a problem. Coinbased is one of the safest exchanges to use. Listed on the NASDAQ and licensed in Kansas it is required to meet strict regulations. Portability is convenient with both Andriod and iOS apps available with exactly the same functionality as the desktop version.

  • Money Transmitter License: MT.0000078
  • Cryptocurrencies: 96
  • Mobile App: iOS and Android
  • Fees: 0.5% – 4.5%
  • Payment Methods: Debit Card, Credit Card, ACH, Wire Transfer

coinmama cryptocurrency exchange


If you are a beginner and wanting a simple exchange that gets the job done, without all the fancy margin lending, leveraging and other high risk products, then Coinmama might be the exchange for you. It is purposely simple for beginners, the layout is intuitive and easy to use, and bitcoin can be bought instantly.

Unfortunately, the fees are slighly higher than other exchanges, and only an Andriod app is available (no iOS). But there is a large pool of cryptocurrencies to choose from, and maybe it will have the coin that you are looking for, if none of the other exchanges offer it.

Lastly, Coinmama does not hold a license to trade in Kansas. Instead it uses a third party provider’s license to enable it to accept Kansas customers.

  • Money Transmitter License: Not Required
  • Cryptocurrencies: 96
  • Mobile App: iOS and Android
  • Fees: 0.5% – 4.5%
  • Payment Methods: Debit Card, Credit Card, ACH, Wire Transfer

Crypto.com (CDC)

Crypto.com is becoming one of the biggest exchanges in Kansas. It has enlisted a couple of well known celebrities to broaden its market share – Matt Damon and LeBron James. In addition it has purchased the naming rights of L.A. largest sports arena, previously known as the Staples arena. It’s marketing doesn’t stop there, with user of Crypto.com being offered a metal card instead of a plastic card for daily use. The metal card is impressive in appearance, and does get people talking. But in terms of functionality, it’s exactly the same as any other debit and credit card.

The Crypto.com platform is one of the more reliable to use. The app works effortlessly on mobile devices, with some users joking that bugs are easily fixed with uninstall and re-install (other exchanges are a lot worse and cannot even be resolved). Users of Cryto.com also benefit with earning the native coin (CRO) of the platform. The more user that join, the more potential value the native coin has. Scale is everything in the cryptocurrency market, and certainly Crypto.com is trying to achieve that quickly.

Trading fees are low. It is almost equal to Binance.US and Coinbase, with the lowest fees. Customer Service can be a bit hit and miss. Most users are happy with the support that is available, but some aren’t happy with the lack of support for opening up a business account.

  • Money Transmitter License: Not Required
  • Cryptocurrencies: 96
  • Mobile App: iOS and Android
  • Fees: 0.5% – 4.5%
  • Payment Methods: Debit Card, Credit Card, ACH, Wire Transfer

etoro cryptocurrency exchange


eToro has a lengthy history of operating in the exchange market. Its beginnings were as a foreign currency exchange, which lends as a good leaping board to acting as a cryptocurrency exchange. Their trading fees of zero is misleading, which arguably does not give the perception of an exchange that you can trust. Although trading fees are zero, eToro hurts you with the wide spreads. By widening the spreads, transparency of fees is appalling lacking. How much “true” trading fees is very difficult to determine.

The platform, as you would expect, is rich with analystic, functions and powerful. Experience traders enjoy the eToro platform with strategies that can be implemented by using other financial products. The mobile app is simple to use, and is great for new and experienced buyers of bitcoin.

  • Money Transmitter License: Not Required
  • Cryptocurrencies: 27
  • Mobile App: iOS and Android
  • Fees: zero (but huge spreads making eToro more expensive than Binance.US and Coinbase).
  • Payment Methods: Wire, ACH, PayPal, e-wallets


FTX.US is one of the newest bitcoin exchanges to enter the Kansas market, and it is offering very low trading fees. It is so competitive that it ranks along side Binance.US and Coinbase. If you are considering selecting an exchange on fees alone, then FTX.US will be the one for you.

Cryptocurrencies are limited to only 20, which isn’t a lot when compared to the CEX.IO which has hundreds. Liquidity is lower than the other big exchanges, because it’s relatively new and is still building up its base. But liquidity is quickly improving as it captures more of the US market. NFL GOAT Tom Brady is the ambassador and shareholder of the exchange, lending support to make FTX.US a household name in Kansas.

Choose FTX.US if you are looking for value for money when buying bitcoin.

  • Money Transmitter License: Not required
  • Cryptocurrencies: 20
  • Mobile App: iOS and Android
  • Fees: 0.4% – 5.0%
  • Payment Methods: Wire, ACH, PayPal, e-wallets

Bitcoin ATMs

There are hundred of bitcoin ATMs scattered throughout Kansas, with a range of providers that includes: CoinFlip, Bitcoin,Depot, Bitcoin of America, Coin Source, Coin Cloud, National Bitcoin ATM, RockITCoin, BitStop, BudgetCoinz, ByteFederal, Tao Bitcoin, Digital Mint, ATM Coiners.

Buying bitcoin at ATMs is NOT cheap. The mark up is considerable at 2% to 11% in fees. These absurdly high, so consider first an online exchange before using a bitcoin ATM.

Kansas Cryptocurrency Tax Ruling and Rates

Bitcoin and other cryptocurrencies is a taxable asset in the eyes of the IRS. Therefore when you buy and sell bitcoin, you will need to calculate how much tax is payable. Tax is dependent on the outcome of realizing capital gains or losses. The tax rates differ between short term and long term, which is defined by one year. Short term realized gains have tax rates that are in alignment with personal income tax rates. While long term realized gains have an average of 20% (but may differ depending on your circumstances).

Be prepared to submit to the IRS details of your trading activity. Most exchanges will provide tax reports which will help with the IRS submission.

Bitcoin Cryptocurrency Laws and Legislation

Kansas State laws have legalized the buying and selling of bitcoin through the Kansas Transmitter Act. K.S.A. 9-508 – K.S.A. 9-513e. It is through this Act, that a Money Transmitter has been defined “instruments of payment receiving by electronic means, located in the United States”. Of note, is that although the definition may include cryptocurrencies, local operators that do NOT exchange funds outside of the US (i.e. crossborders) are not required to obtain a State license. On the other hand, if the exchange is global and does transmit funds abroad, then a Kansas State Money Transmitter License is required.

Bitcoin and Cryptocurrency Wallets

As a buyer of bitcoin, you will need a way to store your bitcoin. Bitcoin can be stored either online at the exchange, through a personal hot wallet, or with a cold wallet. In the early days when bitcoin started, exchanges were prone to hacks with bitcoin stolen. This led to an emphasis of storing bitcoin on hot and cold wallets. But nowadays, online exchanges have greatly improved their security and many have also purchased insurance to cover the event of a hack.

The irony, is that some buyers of bitcoin are more at risk of losing their bitcoin keys for their hot and cold wallets, than keeping the bitcoin at the exchange.

If you intend to purchase large sums of bitcoin, it is strong recommended to store some of the bitcoin on a personal wallet, and keep your keys secure. For the normal average buyer of bitcoin, with amounts up to $100,000 it is reasonably safe to keep the bitcoin on the exchange.

But please balance your risk appetite and your ability of keeping wallet key safe.

The minimum legal age to buy and sell bitcoin in Kansas is 18 years old.


Buying bitcoin in Kansas is relatively easy with many options to choose from. The most preferred option of buying bitcoin is through a cryptocurrency exchange. An exchange that is local and keeps funds within the US, is not required to obtain a Kansas Money Transmitter License. While exchanges that do offer flow of funds offshore are required to be State licensed. Cryptocurrency exchanges have many attributes that should be considered when buying bitcoin. Select a cryptocurrency exchange that suits your buying strategy.

In addition to cryptocurrency exchanges, bitcoin ATMs are conveniently localed in Kansas for instant bitcoin transactions. Bitcoin ATMs have higher fees than exchange platforms, hence carefully consider if using an ATM is right for you.

Keep your bitcoins either on the exchange or using a hot/cold wallet depending on how comfortable you are with not losing the keys to your wallet. Once keys are lost to a wallet, they normally cannot be retrieved.

The legality of buying and selling bitcoin in Kansas is relatively progressive when compared to other US States. Licensing requirement are only applicable to exchanges that trade offshore. Any capital gains must be disclosed to the IRS and tax should be calculated on it (if applicable).

How to Lodge a Cryptocurrency Customer Complaint

If you have a customer complaint at a cryptocurrency exchange, please raise the issue with them first.

If unresolved, please contact the Office of the State Bank Commissioner.

Kansas Office of the State Bank Commissioner
700 SW Jackson Street, Suite 300
Topeka, KS 66603


Bordering States

Nebraska | Missouri | Oklahoma | Colorado

Best Exchanges

Low fees, high liquidity

Top notch crypto exchange, with the lowest fees, high volume trades, and fast processing.