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Would you like to buy Bitcoin in Philadelphia, PAYou’ve come to the right page!


Philadelphia is located at 39.9526° N 75.1652° W and has an estimated population of roughly 1 584 138 people. The city offers a variety of simple steps to buy Bitcoin.


Here you’ll find popular ways to get Bitcoin in Philadelphia.


Most Popular Ways To Buy Bitcoin In Philadelphia

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In New York City you can find around 499 Bitcoin ATM’s available. See the locations for them at Coin ATM Radar.

Unsure about how to account for your capital gains taxes on your Bitcoin purchase? Don’t worry, we’ve got you covered.

Capital gains are taxes that are levied by the government ONLY IF you make a profit when you SELL your Bitcoin (you don’t pay any capital gains taxens when you BUY Bitcoin).

You also need to know that there are 2 types of capital gains tax, depending on how long you’ve held your Bitcoins, namely:

  1. Short Term: If you’ve held your Bitcoin for less than 12 months, its classified as “Short Term Capital Gains”. Let’s say you bought Bitcoin for \$1,000 and sold it for \$1,500 3 months later. This $500 of profit will then be taxed at the same % rate as the rest of your ordinary income (at both the State and Federal Level). For 2023 ordinary income tax rates see here.
  2. Long Term: If you’ve held your Bitcoin for more than 12 months, it’s classified as “Long Term Capital Gains”. Let’s say you bought Bitcoin for $1,000 and solt it for $1,500 17 months later. This $500 of profit will then be taxed at the Federal Level at either 0%, 15% or 20% depending on your income. At the State Level, the long term capital gains tax vary substantially (see here for a full list).
So, to answer your inital question, in Philadelphia, we can confirm that the capital gains tax is 3.07%.

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How To Buy Bitcoin In Philadelphia

If you are planning to buy Bitcoin in Philadelphia easily, there are a few steps you can take to get started. This guide will walk you through the process of buying Bitcoin from the

Following these steps will ensure that you can purchase Bitcoin quickly and safely.Follow our quick instructions to get your Bitcoin privately and hassle-free:

  1. Register an account on the’s site: To buy Bitcoin on you will need to register a verified account for buyers. Go to to their registration link. Enter the necessary information and choose a strong password to finish the account setup process.
  2. Verify your ID: In order to comply with anti-money laundering (AML) laws, you will need to proof your identity to start buying Bitcoin. To start, click on the link that are sent to you by SMS. You will need to upload a valid driver’s license or passport and photo ID.
  3. Select how much Bitcoin you want to buy: Once your id has been green marked, you can select the amount of Bitcoin you want to obtain. Enter the amount in USD on the’s homepage and click “Buy Now”.
  4. Complete the purchase: On the checkout page, you will be able to review all of the details of your purchase. If everything looks like it should, click “buy now” and you will receive an email confirming your purchase. Your Bitcoin will be added to your wallet almost immediately.

Congratulations, you have now obtained your Bitcoin in Philadelphia!

Now that you are an expert in buying Bitcoin in Philadelphia easily, you can start using Bitcoin directly.

About River Bitcoin


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Convenience, Trust, Regulatory Clarity


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Buy Bitcoin In Other American Cities

Are you looking to buy Bitcoin outside of Philadelphia? We have the perfect resource for you.

Below, you will find a list of other cities in  America where you can obtain Bitcoin. No matter if you intend to trade or HODL, you can be sure that you will have plenty of alternatives. With this list, you will always be able to find the best place to obtain, store and use your Bitcoin.

Tax Regulation For Buying Bitcoin

Investors who are interested in purchasing Bitcoin in Philadelphia should be aware of the different tax laws that you need to know.

According to the Internal Revenue Service (IRS), all capital gains from buying and trading Bitcoins are taxable. Residents of Philadelphia should calculate their capital gains correct as taxes will need to be paid on the profits made from Bitcoin exchanging.

Additionally, it is important to research local and state laws to not risk that all taxes and other legal requirements are met.