Best exchange in USD for non-US resident?

Bitcoin Questions and AnswersCategory: General questionsBest exchange in USD for non-US resident?
Simon asked 10 months ago

Hi Ofir,
I’m very new to cryptos and looking to buy/trade ether, litecoin, and ripple, but all my currency is currently fiat (USD and Danish krone).
My situation is that I’m a British citizen currently living in Denmark, but most of my money is in my US bank account. Since I will most likely only be in Denmark for another year or so, I want to buy/trade cryptos through my US account. However, I don’t think I can verify my US address for the purposes of a site like kraken (the first exchange I tried – the verification has been painfully slow, btw) because I don’t pay any utility bills or anything like that anymore.
Given my situation, which exchange would you recommend? They all seem to be controversial. I am looking for something secure and legitimate. I’m not interested in using cryptos for anything illicit – I just want to buy some currencies and, at some point down the line, sell them and withdraw the money I receive back into my US account.

1 Answers
Ofir Beigel answered 10 months ago

Hey Simon!
I’m not exactly sure but it sounds to me that either Coinbase, Bitstamp of BitPanda will work for you.

Ofir Beigel replied 10 months ago

Bitstamp in indeed a good option to start with.

Simon replied 10 months ago

Thanks Ofir! Which of those do you think is best? I’m leaning toward Bitstamp…

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