Kraken Cryptocurrency Exchange
- Buy, sell and trade 193 cryptos.
- Instant funding & advanced trading options.
- Join 9M+ users around the world.
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
In New Mexico, there are multiple exchanges to choose from to buy coins like Bitcoin (BTC), Compound (COMP) and Helium (HNT). New Mexico also has 301 registered Bitcoin ATMs where you can buy Bitcoin on the go, with the most popular locations being Las Vegas (297 ATMs), Albuquerque (110 ATMs) and Santa Fe (35 ATMs). The most popular coin in New Mexico in 2021 was Chainlink, as reported by FinanceBuzz. Of course, there are more than 10,000 cryptocurrencies in existence, so who knows what New Mexico's most popular coin will be next year.
With a personal per-capita income of $43,326 in New Mexico, choosing the right exchange and coin to purchase is a big decision. The average person in New Mexico earns the equivalent of roughly 1.12 BTC or 20.77 ETH per year. Follow these steps to buy the crypto of your choice:
Exchanges vary in what coins they list and wallets they support. For example, CEX.IO Cryptocurrency Exchange lists over 29 cryptocurrencies and Coinbase Digital Currency Exchange lists 267. Exchanges can also vary in deposit methods and fees. Confirm the platform supports any specific coins you're interested in before signing up.
|Deposit Methods||Bank transfer
ACH online banking
|Deposit Fees||ACH deposit - Fees vary ($10 minimum deposit)
Credit and debit card - Fees vary ($10 minimum deposit)
Apple Pay or Google Pay - Fees vary ($10 minimum deposit)
Crypto - Free
|Withdrawal Fees||FedWire withdrawal - $4-$35
Crypto - Fees vary depending on coin or token
|Trading Fees||Maker: 0-0.16%
No matter what exchange you choose, it's important to verify that it's available in New Mexico. Some states have strict requirements, while others simply require a money transmitter license. Once you've settled on an exchange, you're required to complete "know your consumer" (KYC) requirements, which involves your name and proof of identification. You may also need to prove your address by uploading something like an insurance bill, a bank statement or a pre-printed paystub from your employer.
General steps to signing up with an exchange include:
Popular online wallets include Ledger, Trust Connect, MetaMask and Coinbase.
To buy crypto in New Mexico, look for a crypto exchange that fits your needs. Consider using:
Finder rating 4 / 5 ★★★★★
Finder rating 4 / 5 ★★★★★
Coinbase has over 80 cryptocurrencies available, including Dogecoin (DOGE) and Shiba Inu (SHIB). Transaction fees are calculated using a combination of factors, including your payment method, the order size and varying market conditions, like volatility.
To buy Bitcoin in New Mexico, you will first need to sign up for an exchange like Public, Coinmama or CEX.IO. Different exchanges support different payment methods and cryptocurrencies. We have detailed instructions on how to buy Bitcoin which covers how to pick an exchange, payment methods, wallets and more.
Yes, you can buy Compound in New Mexico using an exchange like Public, Coinmama or CEX.IO. We recommend exploring a list of exchanges that support Compound and taking a deeper dive into how to buy Compound.
To buy Helium in New Mexico, you will first need to sign up for an exchange like Public, Coinmama or CEX.IO. Different exchanges support different payment methods and cryptocurrencies. We have detailed instructions on how to buy Helium which covers how to pick an exchange, payment methods, wallets and more.
Are you visiting from outside the US?
How to start buying and investing in cryptocurrency in Puerto Rico.
Wyoming may have regulations on crypto, learn how to buy cryptocurrency legally in Wyoming.
West Virginia may have regulations on crypto, learn how to buy cryptocurrency legally in West Virginia.
Wisconsin may have regulations on crypto, learn how to buy cryptocurrency legally in Wisconsin.
Washington may have regulations on crypto, learn how to buy cryptocurrency legally in Washington.
Virginia may have regulations on crypto, learn how to buy cryptocurrency legally in Virginia.
Vermont may have regulations on crypto, learn how to buy cryptocurrency legally in Vermont.
South Dakota may have regulations on crypto, learn how to buy cryptocurrency legally in South Dakota.
The Aloha State restricts crypto somewhat, but Hawaiians still have plenty of exchanges to choose from.
New York has regulations surrounding crypto, but you can still buy cryptocurrency.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.