Crypto in Florida
15 exchanges we have verified serve residents of Florida, and 91 of the 150 assets we track are available on at least two of them. We have not recorded a jurisdiction-wide restriction on buying cryptocurrency in Florida. Last verified September 2, 2026.
Verified How we verify
Legal Status and Regulation
Florida narrowed its rules in 2022. CS/H.B. 273, Chapter 2022-113, took effect on January 1, 2023 and reworked the money services business provisions of Chapter 560, defining virtual currency, excluding it from the calculation of permissible investments and easing the position of two-party sellers, so that a license turns on acting as an intermediary that can unilaterally execute or block a transaction. Federal law comes first: a business that exchanges dollars for crypto on your behalf is a money transmitter under 31 CFR 1010.100(ff)(5) and has to register with FinCEN as a money services business, renewing that registration every two years. Florida does not appear among the thirty-one states that had enacted the Conference of State Bank Supervisors' Money Transmission Modernization Act in whole or in part as of the CSBS legislative update dated June 2026. As of September 2026, Binance US lists Florida among its fully supported states and Kraken records no Florida restriction on its supported-states page.
Exchanges Available in Florida
| Exchange | Type | Typical fee on $500 | KYC | Action |
|---|---|---|---|---|
| Strike | broker | $5.55 | Required | Visit Strike |
| Robinhood Crypto | broker | $9.50 | Required | Visit Robinhood Crypto |
| Bitstamp by Robinhood | centralized exchange | $11.00 | Required | Visit Bitstamp by Robinhood |
| Kraken | centralized exchange | — | Required | Visit Kraken |
| Crypto.com Exchange | centralized exchange | — | Required | Visit Crypto.com Exchange |
| Coinbase Exchange | centralized exchange | — | Required | Visit Coinbase Exchange |
| Uphold | broker | — | Required | Visit Uphold |
| Toobit | centralized exchange | — | Not required | Visit Toobit |
| eToro | broker | — | Required | Visit eToro |
| Gemini | centralized exchange | — | Required | Visit Gemini |
Fees are estimated from each exchange’s published schedule for a $500 market buy. Rankings follow our methodology and are not influenced by affiliate relationships.
Popular Assets in Florida
Buyability in Florida
The 10 coins we have verified an exchange for in Florida, graded on how many verified exchanges sell them here and what the cheapest $500 purchase costs. Price never moves a grade.
| Coin | Ticker | Grade | Verified exchanges | Cheapest on $500 | Where to buy |
|---|---|---|---|---|---|
 Bitcoin | BTC | A | 15 | $2.00 | Bitcoin here |
 Ethereum | ETH | A | 13 | $2.00 | Ethereum here |
 Solana | SOL | A | 12 | $2.00 | Solana here |
 Chainlink | LINK | A | 12 | $2.28 | Chainlink here |
 Bitcoin Cash | BCH | A | 12 | $2.25 | Bitcoin Cash here |
 Litecoin | LTC | A | 12 | $2.15 | Litecoin here |
 Dogecoin | DOGE | A | 11 | $2.04 | Dogecoin here |
 Uniswap | UNI | A | 11 | $2.14 | Uniswap here |
 XRP | XRP | A | 10 | $2.01 | XRP here |
 Stellar | XLM | A | 10 | $2.16 | Stellar here |
Tax Overview
The IRS treats cryptocurrency as property under Notice 2014-21, so selling or swapping it produces a capital gain or loss, short-term if you held the asset a year or less. Florida levies no individual income tax. The Department of Revenue's published list of the taxes it administers includes corporate income tax but no tax on individual income, so as of September 2026 a crypto gain costs you nothing at the state level and only the federal return applies.
Guides
- Is Crypto Legal in the United States? State-by-State Overview
Owning, buying, and selling cryptocurrency is legal in every US state, but the exchanges that serve you are licensed state by state, which is why the same exchange can be open to residents of one state and closed to residents of the next.
- Crypto Estate Planning: Making Sure Your Coins Aren't Lost With You
Passing on cryptocurrency requires two things that an ordinary will does not provide on its own, a record of what exists and where, and a route by which the person inheriting it can reach the keys, because no court order can recover a seed phrase nobody wrote down.
- Self-Custody vs Exchange Custody: How to Decide
Deciding between self-custody and exchange custody means choosing which failure you would rather be exposed to, a company that loses or freezes your assets or a mistake of your own that nobody can undo, and most people resolve it by splitting holdings rather than picking one for everything.
Frequently Asked Questions
- Is cryptocurrency legal in Florida?
- 15 exchanges we have verified serve residents of Florida. We have not recorded a jurisdiction-wide restriction on buying cryptocurrency in Florida. See the regulation section for detail.
- Which exchanges work in Florida?
- Strike, Robinhood Crypto, and Bitstamp by Robinhood serve residents of Florida.
- Do I pay tax on crypto in Florida?
- The IRS treats cryptocurrency as property under Notice 2014-21, so selling or swapping it produces a capital gain or loss, short-term if you held the asset a year or less. Florida levies no individual income tax. The Department of Revenue's published list of the taxes it administers includes corporate income tax but no tax on individual income, so as of September 2026 a crypto gain costs you nothing at the state level and only the federal return applies.