Best exchange in USD for non-US resident?

Bitcoin Questions and AnswersCategory: General questionsBest exchange in USD for non-US resident?

Simon asked 1 year 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 1 year 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 1 year ago

Bitstamp in indeed a good option to start with.

Simon replied 1 year ago

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

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