With its drastic popularity, crypto trading has gained the attention of every American. More people are looking for the best crypto exchanges in USA to start crypto trading. However, you cannot just start trading with any random exchange without giving a thought. Just like trading, selecting a crypto exchange is also a complicated task. You must take several factors into consideration before choosing a US based crypto exchange. These factors include availability in your region and state, user experience, customer support, crypto selection, reward and discount programs, knowledge base, security, term and policies and a lot more.
To set you free from the daunting task of conducting a thorough market search here compiled is a list of best crypto exchanges in USA with a cost-effective fee structure.
5 Best best crypto exchange USA
- Binance US
Binance.US grab the attention of traders with its low and transparent fee structure than many other crypto exchanges in the market. Binance is one of the best crypto exchanges in USA with tons of trading volume on a daily basis.
Binance US is a completely separate platform than Binance Global because it was deployed according to the governmental reforms of USA. However, just like its parent platform, Binance US offers quality trading products and options with complete security. Moreover, the exchange also provides access to multiple trading pairs. As well as the traders can trade two crypto assets without requiring cashing out one for USD. The best thing about this exchange is that it accepts fiat currency, meaning you can make payments via credit and debit card.
Coinbase is one of the very first US based crypto exchanges in the market. Coinbase is known for its wide range of crypto assets available for trading. Additionally, the exchange is easy to use for new traders, that is the reason it has thousands of users around the globe. Coinbase is a completely secure trading platform with strong security protocols in place to safeguard user funds.
Moreover, there is an expert support team available 24/7 to assist users with any kind of issues or inquiries. The exchange also has an in-depth knowledge base for new users so that they can attain basic knowledge on how things work.
There are two separate modules for traders on Coinbase namely Coinbase Pro and Coinbase standard. Coinbase Pro is for advanced traders and Coinbase standard is for new users so that they don’t face any kind of trading problems along the way.
eToro is one of the well-reputed and best crypto exchanges in USA, the platform is completely innovative and made its name through its social investing. Explaining social tools in simple words, it is a unique feature that enables users to copy the trades of other seasoned traders and equally enjoy the rewards.
This US based crypto exchange was first established internationally in 2007. Presently eToro has more than 20 million users in 140 countries worldwide. While eToro operates multi-asset trading (offering commodities, stocks, and forex trading) in many other countries but the US trader can only trade crypto on the platform. However, the organization is looking into expanding its trading options for US users in the future.
Without a doubt Kraken is another valued addition to this list of best crypto exchanges in USA. The exchange is one of the oldest Bitcoin exchanges and offers support to over 50 different digital assets to buy, sell, and trade against competitive trading fees. The exchange is notable for providing access to both spot and futures trading options.
Kraken is a good option for both new and existing crypto traders and investors who are looking for low fee structure exchange with access to a wide array of crypto assets.
Bost Bittrex and Kraken are US based crypto exchanges with strong security protocols. But when it comes to Bittrex it is a significantly more compelling option for active crypto traders. The exchange also prefers low fees and advanced order types. Bittrex highly emphasizes security, enabling its users to whitelist IP addresses and wallet.
However, Bittrex does not provide a wide array of crypto assets for direct purchases, but the platform does support more than 200 crypto trading pairs.
If you are looking for best crypto exchanges in USA then Binance US, Coinbase, eToro, Kraken, and Bittrex are the top exchanges that you can start trading with. To make sure which one of these exchanges aligns with your trading needs go through their website and then make an informed decision.