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Can You Spend Bitcoin in NYC?First, find a good crypto exchange. Big ones like Coinbase, Kraken, and Gemini are safe and let you buy and sell Bitcoin. They follow rules, especially in New. New York residents can buy bitcoin fast on Coinbase Pro using bank account or wire transfer. Coinbase Pro has some of the lowest fees among US. New York is one of the most heavily-regulated states in the US when it comes to crypto investing. Here's a list of 9 NY regulated exchanges.