Due to the costs of obtaining the New York Bitlicense, many cryptocurrency exchanges do not operate in the state of New York. This can make it difficult for people who live in this area to purchase Bitcoin.
Below we have provided a short list of exchanges that operate in the state of New York, as well as alternative purchase methods to consider.
Coinbase will allow people in New York to buy Bitcoin (BTC), as well as Etherium (ETH), and Litecoin (LTC).
Coinbase allows you to purchase crypto currencies using ether a credit card, an ACH transaction, or a wire transfer.
Changelly allows you to buy Bitcoin (BTC), as well as Etherium (ETH), Litecoin (LTC), Monero (XMR), Dash (DASH), Ripple, (XRP), and many other cryptocoins.
Changelly allows users to use a credit card for their purchase, or to exchange another currency.
3. Gemini Exchange
Gemini exchange is owned by the Winklevoss brothers. Users can trade Bitcoin (BTC) and Etherium (ETH).
They accept ACH transactions and wire transfers.
4. Use a VPN Service (Alternative Method)
Use a VPN Service such as Torguard to hide your IP Address. This is a more complex approach, but is worth considering if you want to access specific currencies which may not be offered on the exchanges listed above.