Where to Buy Bitcoin Colorado

Colorado is one of the most supportive states of cryptocurrency in the US. It has passed legislation that promotes the use of Bitcoin.

A snapshot of Colorado Cryptocurrency Market:

  • It is legal for residents of Colorado to trade in cryptocurrencies
  • Investors and traders must be at least 18 years old
  • Businesses and consumers must abide by the Colorado Digital Tokens Act.

If you intend to trade and invest in Bitcoin and Cryptocurrencies in Colorado, we highly recommend the following:

Top 5 Colorado Bitcoin Exchanges

Overview of Colorado Bitcoin Exchanges

Colorado is no doubt one of the leading US states breaking through the barriers of outdated laws and reactive regulation with its pro-cryptocurrency stance. The governor of the State, Polis, has been pushing hard to encourage and promote cryptocurrency as a legitimate means of transaction. As a result Bitcoin exchanges in Colorado are many and legal.

Choosing a Colorado exchange should consider fees, safety and other attributes. Similar to any other financial services online platform, that are many aspects to compare.

🔒 Safety and Security

Since cryptocurrency is a digital, intangible currency, traders have to be 100% sure that their coins and tokens as well as personal information is in “safe hands”. Exchanges are often the targets of cyber attacks and hacks or are used as scams, Ponzi schemes, or pump and dump vehicles by unscrupulous operators.

The top exchanges should have two-factor authentication (2FA) that require users to confirm their identity. They should also have the option of cold storage of funds, such that there is no online connectivity reducing the risk of hacks.

Lastly, the best exchanges now purchase insurance to protect against theft. Should funds be stolen, the insurance company will pay a claim to the exchange to compensate, which then should forward any lost funds to the users. 

📞 Customer Support

Not every trader is informed enough to start investing on his/her own. In addition, every platform operates on a different basis, which requires help from the experts. This is where customer support comes in. 24/7 availability and presence of knowledgeable by its representatives is vital. A good platform can provide professional, prompt and accurate responses accessible in various ways.

💳 Payment Methods

One of the important things that an exchange asks, right after signing up, is the payment method that customers will use to deposit or withdraw money. While there are a number of payment options, such as attaching a bank account, depositing via debit and credit cards (Visa or Mastercard), mobile e-wallets like Skrill, Neteller.

🪙 Cryptocurrency Selection

In deciding up an exchange to use, you of course need to make sure that the exchange that you sign up to, offers the cryptocurrency and fiat currency that you want to trade in.

Tip – some exchanges only deal with cryptocurrencies, whilst others allow for fiat and cryptocurrencies. If you are starting out, and you have no cryptocurrencies at hand, then you need to find an exchange that at the very least accepts your fiat currency as a deposit.

🏷 Coupons and Discounts

Most of the Colorado cryptocurrency exchanges use discounts and coupon codes to market themselves and cater attention of more and more traders. They convince traders to sign up to their platforms and enjoy significant reductions at the time of making transactions. In addition some also offer discounts when they refer a friend or make a specific amount of credit in the account.

Be careful when receiving emails touting great discounts or rewards when signing up. Often marketing of these incentives are pushed through email and various social media outlets. Do NOT subscribe or sign up to any of these marketing schemes. They are more often than not scams.

💰 Fees

Every exchange charges their users differently. This makes comparing exchanges extremely difficult when simply looking at their fees. There is no standardization, but the most common method of fee calculation is via taking a small percentage of the amount traded.

Usually, the commission is less than 1% per transaction, but reduces if trading volumes significantly increase. Also, be aware that deposits and withdrawals may also incur fees. These aren’t imposed upon by the exchange, but rather the payment provider. The exchange, however, may seek to pass on these fees to the user.

⚙️ Platform Reliability

This feature of a cryptocurrency exchange is the key to keeping the traders at one place. From outages to break down of servers, malware attacks and thefts, an exchange is prone to facing any type of problem that could happen to a website. It is, therefore, necessary for the crypto-exchange to strengthen its system, in terms of platform protection and ability to resist attacks, so that traders can stay with it for a longer time period.

📈 Liquidity

Without good liquidity it is hard to be able to sell, liquidate the earnings (or losses). It is important to have liquidity, if not then it could become a problem. Liquidity comes and goes. This is the same for any tradeable asset, like stocks. Trading in stock volumes increase and decrease seasonal and also broadly in alignment with how well the economy is performing.

A low volume exchange has risks that are two fold. One, you will need to bide your time in order to sell for the right price. Low volumes will make this difficult, and especially if you urgently need to sell this could cause you to lose some of your profits. Secondly, a low volume exchange is prone to market manipulation. The larger holders of the coin, could possible move the market, but it more than likely causes volume volatility on the exchange.

Colorado Cryptocurrency Exchange Reviews

There are literally hundreds of exchanges that are available, far too many to review making it logistically impossible. We cannot stress enough that there are many that are scam sites. They use celebrity names to promote their scam sites, and reel in unsuspecting investors who are looking for safe yet quick gains.

We therefore have reviewed a few of the best cryptocurrency exchanges to choose from.


Binance.US is a popular exchange in Colorado.

One reason for Binance.US’s popularity is its low fees. The trading fees and narrow spreads are among the lowest which is attractive for regular buyer. Liquidity is probably the highest, so you will not find any better exchange for a quick bitcoin buy.

Another reason that Binance.US is popular is its native coin BNB. Users are rewarded with BNB for using the exchange, and BNB itself can also be traded. Creating an extraordinarily worthwhile investment.

Lastly, personal accounts can be established and verified within an hour. A no hassles quick start for the buyer who is in a hurry.

In summary, Binance.US is a trustworthy exchange to use to buy bitcoin. The pro’s certainly outweigh the con’s and certainly exceeds in comparison to other exchanges.

Coinbase Pro


Coinbase Pro prides itself for being the largest Bitcoin broker (BTC) in the world. Because of the simplicity and easy user-interface, more and more traders prefer them to purchase cryptocurrencies, especially Bitcoins. While Coinbase Pro is operating in more than 30 countries, its services in the United States, particularly in Alabama are incredible. Traders are able to enjoy high liquidity rates within broad buying limits. The best part about Coinbase Pro is its ‘Instant Buy’ facility which traders can avail by investing with their debit cards. The only thing that annoys traders is its 5-day long period for bank transfer to purchase cryptocurrencies.


coinmama cryptocurrency exchange

The next crypto-exchange actively working in Colorado is Coinmama that enables traders to invest or acquire bitcoins from anywhere across the world. Their trading fees ranges between 4.9% and 5.9% on each purchase as per the volume. Traders from Europe can use SEPA transfer at a lower fee to invest their money on cryptocurrencies. Also, there are high limits on making purchases with credit cards as Coinmama has proved themselves as a trusted and reliable broker.


etoro cryptocurrency exchange

Etoro is another crypto-exchange that has proven themselves as one of the best platforms to invest. Since 2007, the platform has been democratizing traditional money management with the aim to let every trader get access to the financial market. Today, the Etoro US platform operates only on cryptocurrency trading while they are already working on additional asset classes to bring traders’ experience to the next level. There is a diverse selection of financial markets while their user-friendly interface and incredible customer service is what actually brings the difference. Though, the downside of using Etoro is that traders can only make withdrawals in the form of fiat currencies.


CEX io cryptocurrency exchange

As a multi-functional cryptocurrency exchange, CEX.IO has been the choice of millions of people across the world. It facilitates in the purchase of bitcoin with debit or credit card; though, if they want to use any other payment option, they can do that easily as well. Their customer service is active 24/7 with proven platform reliability and stability. The best thing about CEX.IO is its low fees and accessibility to people all over the world so that they can easily opt to invest in cryptocurrencies of their choice.


kraken cryptocurrency exchange

Kraken is not only a top rated crypto-exchange in Colorado but has also managed to get into limelight of the world. It is because of their liquidity and volume that any bank or wire transfer can be the part of their funding method. Kraken Pro encourages investors to get themselves involved in real-time trading by using amazing charting tools. Their tiered verification and reasonable fees are two main factors as to why this platform has got a respectable position in the industry.

Bitcoin Cryptocurrency Laws and Legislation

Lawmakers and even government officials have permitted the use of Bitcoin for various transactions. In 2019, Jared Polis – Governor of Colorado – declared that his political campaign would be the first to accept Bitcoin donations. In doing so, he passed the Colorado Digital Tokens Act which removed the ability of the SEC to regulate cryptocurrency transactions. In essence, the onerous measures applied by some states to invoke stringent KYC on businesses does not apply.

In 2021, Polis has pushed for further reform to allow Colorado state taxes to be paid in cryptocurrency (a race against Ohio whom is also eyeing to be the first state to do so).

Polis’ pro cryptocurrency stance has not been unnoticed by cryptocurrency advocates. As a result, Colorado has attracted many start-ups and cryptocurrency innovators to the state. Blockchain technology has become one of the fastest growing sectors.

Colorado Digital Token Act

The Colorado Digital Token Act aims to clarify the legality and use of cryptocurrencies in the state of Colorado. It provides rules for businesses that protects consumers, without hindering capital investment and innovation. In a broader sense, the Act extends to the decentralization of platforms with the intention of empowering users with technology, rather than big business.

The House introduced bill HB18-1220 – Bitcoin Dealers Licensed As Money Transmitters – in 2018 to formalize the legality of using cryptocurrency as legal tender. In summary, those who use cryptocurrency is regulated under this law in reference to money transmitters.

The law outlines the use of cryptocurrency wallets, the activity of buying or selling of cryptocurrencies, and exchanging fiat currency for cryptocurrency as outside the definition that regulates financial securities under the “Colorado Securities Act” or the “Money Transmitters Act”. Instead, the bill declares that cryptocurrencies is defined in a new term “open blockchain token” and is explicitly different to a security.

The Senate passed SB19-023 – Cryptocurrency Exemption Colorado Digital Token Act – also known as the “Colorado Digital Token Act”. In summary, this act outlines exemptions of cryptocurrency activity from the laws governing securities.

These exemptions pertain to securities registration, broker/dealer and selling qualifications for cryptocurrencies. The act defines cryptocurrencies as “Digital tokens”.

Digital tokens encompasses blockchain units maintained on decentralized ledgers that is used for the exchange of goods and services.

It is therefore legal under current Colorado state law to buy and sell cryptocurrency.

Bitcoin and Cryptocurrency Wallets

Some exchanges also offer wallets. It’s not necessary for a good exchange to offer a wallet to their clients, though it can be a nice to have for new investors. However, be aware that online wallets offered by exchanges are normally hot wallets. That is, these wallets are connected permanently to the internet. This can be quite risky to use a wallet that is controlled by the exchange and not by yourself.

Hence it’s not necessarily a good thing if an exchange offers a wallet, but it’s a nice to have, if you are looking for an exchange with their own wallet.

  • Online Wallets: Every crypto-exchange has their own wallet where traders can store their coins or cryptocurrencies for as long as they want. However, there are two types of these wallets that traders have to decide about which wallet they want to use for their trading.
  • Colorado Hot Wallets: Since the inception of bitcoins and other cryptocurrencies, wallets have been transformed and divided into two forms- desktop and online. Digital wallets are free and can hold any cryptocurrency that traders want. They enable them to get easy access to their cryptocurrencies via mobile devices. They are perfect for beginners who want something easy to start with.
  • Colorado Cold Wallets: These specifically designed devices work as physical cryptocurrency storage that allow traders to bring their cryptos with them, no matter where they are going. Though, the only considerable thing is their expensive nature with limitations of storing certain cryptocurrencies for future use.


Colorado Bitcoin ATMs

Below is a list of all Colorado Bitcoin ATMs:

ALTA CONVENIENCE11185 Ralston Road Arvada CO80004
OBERON FOOD & GAS6601 Oberon Road Arvada CO80004
CIRCLE K9989 W 80th Ave Arvada CO80005
COLORADO RANCH MARKET11505 E Colfax Ave Aurora CO80010
CIRCLE K4200 S Parker Rd Aurora CO80014
ALTA CONVENIENCE13694 E Iliff Avenue Aurora CO80014
CIRCLE K14705 E Arapahoe Rd Aurora CO80016
ALTA CONVENIENCE15201 E Hampden Ave Aurora CO80014
CIRCLE K16070 E. 6th Aurora CO80011
CIRCLE K1110 S Buckley Rd Aurora CO80017
CIRCLE K600 S Buckley Rd Aurora CO80011
CIRCLE K3790 Chambers Rd Aurora CO80011
CIRCLE K3504 S Tower Rd Aurora CO80013
CIRCLE K2601 S Tower Rd Aurora CO80013
AURORA WINE & LIQUOR7450 S Gartrell Road Aurora CO80016
GREAT VINE LIQUORS6140 S Gun Club Rd Aurora CO80016
SHORTSTOP WILLIAMS VILLAGE2990 Baseline Road Boulder CO80303
CIRCLE K3040 N. Broadway Boulder CO80304
CIRCLE K1884 Folsom St Boulder CO80302
SHORTSTOP FAIRVIEW7701 E Orchard Rd Boulder CO80303
SHORTSTOP GUNBARREL6510 Lookout Rd Boulder CO80301
MARKETPLACE WINE & SPIRITS450 E Bromley Ln Brighton CO80601
QWIK STOP21 Co Rd 27 Brighton CO80603
ALTA CONVENIENCE1351 E Bridge St Brighton CO80601
CIRCLE K425 W Highway 287 Broomfield CO80020
CIRCLE K1240 E 1st Ave Broomfield CO80020
ALTA CONVENIENCE12702 Lowell Blvd Broomfield CO80020
CIRCLE K895 W 136th Ave Broomfield CO80023
ALTA CONVENIENCE420 Royal Gorge Blvd Cañon City CO81122
CIRCLE K246 Founders Parkway Castle Rock CO80104
CIRCLE K94 Wolfensberger Rd Castle Rock CO80109
ALTA CONVENIENCE800 S Wilcox St Castle Rock CO80194
CIRCLE K23 W Wolfensberger Rd Castle Rock CO80109
CIRCLE K7550 S University Blvd Centennial CO80122
CIRCLE K7425 E Arapahoe Rd Centennial CO80112
CIRCLE K10553 E Briarwood Ave Centennial CO80112
ALTA CONVENIENCE5050 Boardwalk Drive Colorado Springs CO80919
CIRCLE K7805 N Academy Blvd Colorado Springs CO80920
CIRCLE K3464 Research Pkwy Colorado Springs CO80920
CIRCLE K435 W. Garden of Gods Rd Colorado Springs CO80907
ALTA CONVENIENCE227 W Fillmore St Colorado Springs CO80907
ALTA CONVENIENCE2105 W Colorado Ave Colorado Springs CO80904
FILMORE LIQUOR810 E Fillmore St Colorado Springs CO80907
CIRCLE K7490 Austin Bluffs Pkwy Colorado Springs CO80923
CORNER MARKET 664295 N Academy Blvd Colorado Springs CO80918
CIRCLE K7492 Black Forest Rd Colorado Springs CO80910
CIRCLE K5995 Dublin Rd Colorado Springs CO80922
KWIK STOP FAMILY MART847 E Platte Ave Colorado Springs CO80903
CIRCLE K432 N Circle Dr Colorado Springs CO80909
ALTA CONVENIENCE3945 Palmer Park Road Colorado Springs CO80909
CIRCLE K6135 N Carefree Cir Colorado Springs CO80922
CIRCLE K5885 Constitution Ave Colorado Springs CO80915
CIRCLE K4825 Galley Rd Colorado Springs CO80915
MESA LIQUORS1740 Shasta Drive Colorado Springs CO80910
CIRCLE K1255 Academy Park Loop Colorado Springs CO80910
CIRCLE K6560 South Academy Blvd Colorado Springs CO80906
CIRCLE K1740 Jet Wing Dr Colorado Springs CO80916
CIRCLE K613 Meadowbrook Pkwy Colorado Springs CO80915
ALTA CONVENIENCE5510 S Highway 85-87 Colorado Springs CO80911
CIRCLE K4600 E 74th Ave Commerce City CO80022
CIRCLE K5601 Quebec St Commerce City CO80022
SHOP N SAVE7191 Quebec St Commerce City CO80022
RIVERDALE WINE & SPIRITS15550 E 103rd Pl #106 Commerce City CO80022
CIRCLE K8500 W Crestline Ave Denver CO80123
ALTA CONVENIENCE2998 North Avenue Denver CO80237
WADSWORTH CENTURY MART2900 S. Wadsworth Blvd Denver CO80227
CONOCO6000 W 1st Ave Denver CO80226
SAVE A LOT4255 W Florida Ave Denver CO80219
ALTA CONVENIENCE1401 Sheridan Boulevard Denver CO80214
FEDERAL SHELL2680 S Federal Blvd Denver CO80219
SAVE A LOT1951 S Federal Blvd Denver CO80219
CIRCLE K4498 Sheridan Blvd Denver CO80212
LEEVERS LOCAVORE2630 W 38th Ave Denver CO80211
CENTURY MART1696 S Broadway Denver CO80210
CIRCLE K1300 W. Colfax Ave Denver CO80204
SILCO FUELS295 S Broadway Denver CO80209
SAVE A LOT4860 N Pecos St Denver CO80221
CIRCLE K300 S Downing St Denver CO80209
FOOD & GAS MART7590 North Pecos Street Denver CO80221
CIRCLE K5810 Broadway Denver CO80216
GAS MART5050 Washington Street Denver CO80216
DENVER SMOKES4085 E Mississippi Ave Suite E Denver CO80246
ALTA CONVENIENCE1970 S Holly St Denver CO80222
ECONO GAS200 W 84th Ave Denver CO80260
MILE HIGH FOOD & GAS6390 E Colfax Ave Denver CO80220
ALTA CONVENIENCE1370 S Parker Rd Denver CO80231
CIRCLE K4570 Chambers Road Denver CO80239
CIRCLE K5095 S Federal Blvd Englewood CO80110
CIRCLE K2010 W Evans Ave Englewood CO80110
ENGLEWOOD WINE & SPIRITS2709 S Broadway Englewood CO80113
37TH LIQUOR3603 23rd Ave Evans CO80620
7-ELEVEN6600 S College Ave Fort Collins CO80525
ALTA CONVENIENCE1113 W Drake Rd Fort Collins CO80526
MUNCHIES SUPER MARKET1501 W Elizabeth St Fort Collins CO80521
RIVERSIDE VALERO803 Riverside Ave Fort Collins CO80524
CIRCLE K599 29 1/2 Rd Grand Junction CO81504
HAPPY STOP SUPER STORE2714 US 50 Grand Junction Grand Junction CO81503
ALTA CONVENIENCE107 Grand Ave Grand Junction CO81501
ALTA CONVENIENCE2249 South Broadway Grand Junction CO81507
CIRCLE K2720 35th Ave Greeley CO80634
SAVE A LOT816 25th St Greeley CO80631
JAZZEY’S FOOD MART1539 8th Avenue Greeley CO80631
CIRCLE K7701 E Orchard Rd Greenwood Village CO80111
CIRCLE K9275 S Broadway Highlands Ranch CO80129
CIRCLE K9356 S Colorado Blvd Highlands Ranch CO80126
CIRCLE K8663 South Quebec Highlands Ranch CO80130
CONVENIENCE PLUS13655 W Jewell Ave # 101 Lakewood CO80228
CIRCLE K15065 W Colfax Ave Lakewood CO80401
CIRCLE K9207 W Jewell Ave Lakewood CO80232
ALTA CONVENIENCE7603 W 13th Ave Lakewood CO80214
CIRCLE K13456 W Bowles Ave. Littleton CO80127
PUMP SHOP & SAVE5500 South Simms Street Littleton CO80127
ALTA CONVENIENCE11614 W Belleview Ave Littleton CO80127
CIRCLE K9986 W Remington Pl Littleton CO80128
CIRCLE K3694 W. Bowles Ave. Littleton CO80123
CIRCLE K1599 W Littleton Blvd Littleton CO80120
CIRCLE K6857 S Broadway Littleton CO80122
ALTA CONVENIENCE7450 S. Colorado Blvd Littleton CO80122
CIRCLE K605 S Emery St Longmont CO80501
P&S FOOD AND GAS400 Lashley Street Longmont CO80504
SAVE A LOT1750 Main St Longmont CO80501
CIRCLE K10963 I 25 Access Rd W Longmont CO80501
CENTENNIAL WINE & SPIRITS324 McCaslin Blvd. Louisville CO80027
CORNER MART 601135 E South Boulder Rd Louisville CO80027
CIRCLE K126 S Taft Ave Loveland CO80537
CIRCLE K2500 W Eisenhower Blvd Loveland CO80537
CIRCLE K2985 N Taft Ave Loveland CO80525
CORNER STORE3675 Garfield Ave Loveland CO80538
CIRCLE K1190 Baptist Road Monument CO80132
CIRCLE K14011 W Quincy Ave Suite A Morrison CO80465
SAVE A LOT1000 W 104th Ave Northglenn CO80234
CIRCLE K2265 E 120th Ave. Northglenn CO80233
CIRCLE K9945 S Oswego St Parker CO80134
CIRCLE K17001 Parkerhouse Rd Parker CO80134
ALTA CONVENIENCE11515 SR 83 Parker CO80134
CIRCLE K13185 S Parker Rd Parker CO80134
MARY JANE GLASS HABERDASHER1626 W US Highway 50 Pueblo CO81008
ALTA CONVENIENCE723 Pueblo Blvd Pueblo CO81005
SAVE A LOT1110 Bonforte Blvd Pueblo CO81001
CIRCLE K430 W Abriendo Ave Pueblo CO81004
ALTA CONVENIENCE300 W Northern Ave Pueblo CO81004
CIRCLE K9202 Huron St Thornton CO80260
CIRCLE K8801 N Washington St Thornton CO80229
ALTA CONVENIENCE2301 E 88th Ave Thornton CO80229
CIRCLE K12801 Washington St Thornton CO80241
RANCH LIQUORS INC3724 E 120th Ave Thornton CO80233
CIRCLE K9120 W 100th Ave Bldg C Westminster CO80020
CIRCLE K7805 W 92nd Ave Westminster CO80021
CIRCLE K7584 Sheridan Blvd Westminster CO80003
SAVE A LOT3045 W 74th Ave Westminster CO80030
CIRCLE K5390 W 112th Ave Westminster CO80020
CIRCLE K10363 N Federal Blvd Westminster CO80260
CIRCLE K12051 N Huron St Westminster CO80234
ALTA CONVENIENCE9999 W 38th Ave Wheat Ridge CO80033
CIRCLE K4885 Kipling St Wheat Ridge CO80033
CINDER AND CRUISE LIQUORS7485 Westgate Dr Windsor CO80528
WINDSOR DISCOUNT LIQUOR1215 Main St Unit L Windsor CO80550

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 State Finance Department.

Colorado Department of Regulatory Agencies – Division of Banking
1560 Broadway, Suite 975
Denver, CO 80202
Phone: 303-894-7575
Fax: 303-894-7570


Bordering States

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