Louisiana Crypto Companies: Blockchain on the Bayou

Louisiana Crypto Companies: Blockchain on the Bayou

Wondering if you can find a Bitcoin exchange Louisiana residents can trust? What about using a secure cryptocurrency ATM instead? It may surprise you to learn that buying cryptocurrency from an ATM in Louisiana is actually a widely available possibility these days. This is just one of the aspects of crypto in Louisiana that you may not know about.

While not exactly being known as a crypto industry leader, Louisiana nevertheless hosts several homegrown businesses and organizations that use crypto and the blockchain in a number of different, innovative, and exciting ways. Despite Louisiana’s lag in the number of crypto companies located in the state, the businesses that currently exist here showcase the ingenuity and business savvy of its residents and, if it’s any indication, point to a very bright future for crypto in the bayou state. Additionally, there are organizations of cryptocurrency enthusiasts in Louisiana that are getting the word out about this potentially game-changing development for the economy of the future.

Let’s take a look at our detailed list that highlights some interesting crypto and blockchain companies and organizations that are currently located or were founded in Louisiana.

The Importance of Local Organizations and Businesses for The Crypto Community

Since cryptocurrencies are digital and global in nature, you might wonder why individual states and cities need to have businesses and organizations focused on crypto. However, local cryptocurrency businesses and organizations play a critical role in the present and future of the economy. These entities can provide physical locations for community members to meet, learn, and collaborate. Interacting with these local businesses can also allow new adopters to ask questions and engage in a more personalized way. The ability to talk with other people from the same community who may have shared interests and concerns helps build trust. Meeting up in person can also enable hands-on demonstrations of sometimes complex technology. Additionally, local groups can cater initiatives to their region, advocating for crypto-friendly policies. Despite the borderless potential benefits of cryptocurrencies, localized support can make a big difference towards driving mainstream adoption. Grassroots outreach makes these revolutionary technologies feel relevant and accessible to everyday people, including in Louisiana.

Why is Louisiana a great place for crypto companies and fans?

Crypto-industry companies realize that there are benefits of the state for cryptocurrency, such as the fact that electricity costs are also extremely low in Louisiana, making Louisiana potentially the best place to mine Bitcoin in the entire United States. In another crypto-friendly move, the governor of Louisiana signed a bill last year to allow Louisiana banks to hold custody of their customers’ cryptocurrency. This is important because not all banks are crypto-friendly. Another great reason that crypto fans will enjoy living in or visiting Louisiana is the availability of cryptocurrency ATMs, which make it easy to buy your crypto on the go and via the type of machine you are accustomed to using to withdraw traditional currency.

Moxey

Created in early 2018 in Baton Rouge by a group of enterprising entrepreneurs and local crypto enthusiasts, Moxey is Louisiana’s only cryptocurrency. Moxey is a community of small business owners that are committed to keeping their business truly local. The way they do this is through their cryptocurrency, Moxey. This allows their members to do business together, purchase the things they need with Moxey, and save their cash. Through the Moxey currency and easy-to-use payment platform, a community of trusted businesses has been created who benefit from accessing this unique and powerful medium of exchange. This is a truly unique Louisiana business.

Business Blockchain HQ

Headquartered in New Orleans, Business Blockchain HQ is a media website that publishes high-quality content and research on the applications of blockchain for business. Professionals in the field can benefit from the news and other content they provide, which can help them to understand how to leverage blockchain tech in their business operations. In addition to news, Business Blockchain HQ reports on industry trends and showcases solutions and educational resources.

Louisiana State University Digital Assets & Blockchain Club

A great example of a Louisiana organization that is working to spread the word about cryptocurrency is the Louisiana State University Digital Assets & Blockchain Club. This university club’s purpose is “to educate students with the skills and knowledge necessary to become future leaders in the Blockchain space.” This forward-looking mission can ensure that as students are preparing to enter the workforce of tomorrow, they are aware of the significance of foundational concepts of cryptocurrency such as the blockchain, as well as more advanced crypto and crypto-adjacent concepts. The setting within a university, a hub of education and ideas, is very fitting for helping students to understand the technology and philosophy of cryptocurrency.

Cryptocurrency clubs and organizations provide a great opportunity for people to come together and learn about the emerging world of digital assets and blockchain technology. By joining a cryptocurrency club, newcomers can learn from more experienced members about how cryptocurrencies like Bitcoin and Ethereum work, the potential use cases for blockchain technology, and how to safely buy, store, and trade digital currencies. Clubs can host events featuring subject matter expert guest speakers who can share insights into blockchain development, cryptocurrency investing, regulation, and adoption. Club members can also discuss recent news and trends, like the growth of NFTs and the metaverse. Beyond improving members' understanding of the crypto space, these clubs build community around a shared interest. They also provide opportunities for networking between individuals interested in being part of the modern decentralized economy. In Louisiana and beyond, cryptocurrency clubs build greater literacy on topics that will likely shape the future of finance and technology.

Gilded

Gilded is a New Orleans-based crypto company that specializes in crypto accounting services. The company’s mission is to promote cryptocurrency adoption with simple, innovative crypto tools for businesses. From crypto accounting to crypto invoicing, Gilded compliments your existing crypto wallet, making crypto transactions safer and easier to track. In September 2023, Bitwave, a digital asset platform, announced its acquisition of Gilded.

BEAN - Building Economic Advancement Network

The Building Economic Advancement Network, or BEAN, is a social network centered on economic advancement for urban communities. It focuses on business in and for the African American and Diaspora communities. BEAN leverages the latest developments in blockchain technology and social networking to provide a clear path to economic advancement. The blockchain is used to incentivize business transactions among users, who are able to see their daily economic impact and are rewarded with BEAN Coin tokens for their efforts. These tokens are then used as cryptocurrency on the social network.

Revolutionary among social networks, perhaps no other website currently exists that utilizes modern social networking more effectively to drive economic growth and inclusion.

Crypto Coin Trader

Founded in Baton Rouge by former CEO and co-founder Joe Blackburn, Crypto Coin Trader is a blockchain-based social media site. With a focus on Social Media, Community Management and Community Engagement, Crypto Coin Trader is widely considered one of the most influential and successful social media communities in the blockchain.

Crypto Research

Crypto Research was launched several years ago by Joe Castille in Lafayette, Louisiana with the goal of performing quality research on the crypto industry and the various applications for crypto and the blockchain. Still in its early stages, this ambitious startup hopes to launch its website soon and begin making its mark on the burgeoning crypto scene, helping to fill the increasing need for data-based decision making in this growing industry.

Last But Not Least, Pelicoin’s Cryptocurrency ATMs Provide a Bitcoin Exchange Louisiana Alternative

We can’t make a list of Bitcoin organizations and businesses in Louisiana without including our very own. Since 2014, Pelicoin has served as the industry pioneer in our state, creating the first Bitcoin ATM a couple of years before the current crypto craze and continuing to expand and dominate the local market for instant cryptocurrency transactions. Our ATMs provide a more convenient alternative to a Bitcoin exchange Louisiana residents and visitors will prefer. Buying cryptocurrency from an ATM makes the whole process more familiar and simpler, so Louisianans can keep pace with the ever-evolving modern economy.

Benefits of Choosing Pelicoin When Buying Cryptocurrency

Instead of dealing directly with a Bitcoin exchange Louisiana residents and visitors now have the opportunity to buy their cryptocurrency via a Pelicoin Bitcoin ATM. Our Bitcoin ATMs interface with exchanges on your behalf, so all you have to do is use an ATM, something that you’re probably already used to doing. The ATM will take you through each step of the process, so you can make your transaction and get on with your day. Also, the ATMs are located at places Louisiana folks visit in their daily life, such as gas stations and convenience stores. This means that you can easily integrate converting your cash into crypto into your to do list and routine.

To Buy Crypto Without a Bitcoin Exchange Louisiana Residents and Visitors Can Easily Use a Crypto ATM Instead

The best part about Pelicoin Bitcoin ATMs is how easy they are to use. You don’t even need to bring anything with you besides your cell phone, your cash, and your digital wallet address or QR Code if you have one. No need to worry about burdensome ID requirements for most transactions, so you can enjoy freedom and privacy. Instead of attempting to navigate a complicated Bitcoin exchange Louisiana can count on Pelicoin Bitcoin ATMs.

You also don’t need to know the instructions in advance, because the machine will prompt you for each step during your crypto-buying experience. If you’d feel better knowing what you need to do ahead of time, here is a rundown.

First, hit “Buy Coins'' to begin your transaction. Next, you need to enter how much cash (in U.S. dollars) you want to change into cryptocurrency. Type in your cell phone number and be ready to receive your verification code on your phone. Once you get it, type it into the machine on the keypad. The next step is to choose the type of cryptocurrency you want to buy. Keep in mind there is a transaction minimum of $20 that is only for if you are buying Bitcoin. Finally, let the machine know whether you want to receive your crypto in your digital wallet (using its QR code or address) or if you need to print a paper wallet at the ATM. That’s it! You will notice that there is a delay in between completing this process and receiving your crypto; this blog post explains more about that. This simple process will allow you to buy your crypto at any of Pelicoin’s convenient ATMs throughout the Gulf South.

If you’re interested in purchasing Bitcoin, Litecoin, or Ethereum, Pelicoin’s numerous ATM locations spread across the state and other Gulf South states are ready to help you make it happen. Pelicoin can help you get started today so you can be a part of the Louisiana cryptocurrency community. Call (504) 507-0879 or email us at support@pelicoin.com for any questions.