Online purchases are the norm in today’s digital era, and buying mushroom spores with cryptocurrency is all the rage.
But how does it work? Where do you start? Is it even legal?
Not everyone knows how to get and use digital currency like Bitcoin (BTC) to buy shroom spores. It may sound daunting, but don’t worry.
We’ve just launched BTC as a payment method at our online spore store. And after reading our in-depth guide, you’ll know exactly how to safely and easily:
- Purchase Bitcoin with Cash App or Coinbase
- Use the LocalBitcoins platform
- Buy spores with cryptocurrency online
Is it Legal to Buy Magic Mushroom Spores with Crypto Like BTC?
Magic mushroom spores are legal in the United States except in three states: Georgia, California, and Idaho. Before we deal with buying spores using crypto, let’s quickly clarify the legalities surrounding psilocybin magic mushrooms.Magic Mushroom Spores and the Law
In the U.S., psilocybin is classified as a Schedule I drug—along things like “crack” cocaine and even heroin—believe it or not. But magic mushroom spores don’t contain the psychoactive compound, they’re simply the building blocks of these chemicals. They don’t actually contain psilocybin, and so that’s why they’re legal in most states. Barring the above three states, you can generally buy magic mushroom spores with crypto in the U.S. However, growing them is still against the law. And as a reminder, our spores are sold strictly for microscopy research purposes only. Of course, the legal landscape is always changing. Recent legislative action saw Oregon become the first state to legalize psilocybin-assisted therapy. Various other states have also “decriminalized” personal possession of magic mushrooms. Learn more in our blog post on the topic.Cryptocurrency and the Law
Broadly speaking, buying spores with Bitcoin and other cryptocurrencies is legal in the U.S. No single enforcement agency regulates crypto at the federal level. Instead, the applicable authority is determined on a case-by-case basis. Three organizations typically oversee crypto activity in the U.S, though none are solely dedicated to regulating transactions like buying mushroom spores with cryptocurrency.- The Securities and Exchange Commission (SEC) focuses on blockchain assets, securities, and crypto investments.
- The Commodity Futures Trading Commission (CFTC) is concerned with crypto as a commodity and the futures market.
- The Internal Revenue Service (IRS) issued guidelines on cryptocurrency transactions affecting tax returns.
KYC and AML Laws
“Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) laws in the U.S. require crypto platforms to collect certain information on users. You’ll need to verify your identity with your chosen platform before using cryptocurrency for mushroom spore purchases. It’s usually a quick, once-off process that takes 24 to 72 hours—just keep your driver’s license or social security ID handy. It’s possible to buy Bitcoin anonymously, but you’ll need technical expertise and in-depth knowledge of blockchain technology.Mushroom Spore Crypto: 3 Ways to Buy Bitcoin
Once you know shroom spores and crypto are legal in your state, it’s time to buy some Bitcoin! Here are three quick, easy, and safe ways to do just that:Buying BTC with Cash App
Cash App is a popular peer-to-peer mobile payment platform for sending, receiving, and banking money. It also offers stocks and crypto purchases—ideal for those wanting to get shroom spores with Bitcoin. Once you’ve signed up, it takes a few seconds to buy Bitcoin crypto for your mushroom spores. Make sure you have funds in your account and follow these steps:- Step 1: Go to your Cash App home screen and tap the “Bitcoin” tab.
- Step 2: Tap “Buy BTC” and enter an amount.
- Step 3: Key in your PIN and tap “Confirm.”
Buying BTC with Coinbase
Coinbase is one of the world’s biggest cryptocurrency exchanges, with more than 89 million users. It’s a secure online platform where you can trade, store, receive, and transfer various cryptocurrencies, including Ethereum, Dogecoin, Cardano, and Bitcoin. If you’re looking to buy mushroom spores with crypto but want a more diverse platform dedicated to virtual currency, give Coinbase a try. It offers insured deposits, easy-to-use apps, and even a traditional debit card. Signing up is simple. Here’s how:- Step 1: Create an account by hitting the “Get Started” button on the top right-hand corner of Coinbase’s homepage.
- Step 2: Type in your name, enter an email address, and choose a strong password.
- Step 3: Verify your identity with a valid photo ID.
- Step 4: Link your bank account and start buying Bitcoin!
Buying BTC with LocalBitcoins
If you prefer a more traditional platform, LocalBitcoins is a fantastic option. Unlike Coinbase, it’s a Bitcoin exchange facilitating over-the-counter crypto trading. It works much like eBay—an appealing way to get BTC for mushroom spore crypto purchases. Users post and respond to adverts to buy and sell various cryptocurrencies. They dictate their own exchange rates and have plenty of payment methods to choose from. Getting started is easy, too. Follow these steps to register, buy Bitcoin, and later, pay for your shroom spores with crypto:- Step 1: Click the “Sign up free” button in the center of LocalBitcoins’ homepage.
- Step 2: Register your account and activate your free secure digital wallet. You’ll need it to buy mushroom spores with crypto later on.
- Step 3: Search all adverts on the homepage. Enter how much you’re willing to spend, your currency, location, and payment method (or “all online offers”).
- Step 4: Choose an ad from a trader with a high number of trades and a good reputation.
- Step 5: Click on the “Buy” button, enter an amount, and leave a message for the seller.
- Step 6: Once they accept, you can make payment, stock up on Bitcoin, and get mushroom spores with your crypto.