The Bitcoin market has gained considerable attention in the United States, and in March 2024, Bitcoin touched its highest value ever. Various other causes drive new customers and traders to crypto exchanges every year. While Cryptocurrency provides good ROI, one needs to research before buying, selling, or trading cryptocurrencies like Dogecoin, Bitcoin, etc. Not to worry as we have analyzed some of the best crypto exchanges in terms of fees, features, safety, and more.
Key Takeaways
- Get the best 11 crypto exchanges in the US for 2024 with their details.
- Emphasize regulatory compliance for safe investments.
- User-friendly interfaces and platform functionality are important.
- Consider trading costs, payment options, trading tools accessibility, and customer support when choosing a crypto exchange.
- Conduct thorough research before making a decision.
List of American Crypto Exchanges 2024
TOP CRYPTO EXCHANGES | BEST FOR |
---|---|
Binance.US | Biggest Crypto Exchange in USA |
Crypto.com | Leading Crypto Exchange Platform |
Coinbase | Best Crypto Trading Platform |
Gemini | Safest Crypto Exchange |
KuCoin | Largest Social Trading Platform |
Fairdesk | Experience Smooth Trading & Accurate Copying |
Kraken | High Level Of Security |
Bitstamp | Most Trusted Crypto Exchange |
BitMart | Leading Crypto Asset Exchange |
Uphold | Seamless Crypto Exchange |
Robinhood | Most Popular Crypto Exchange |
Following extensive research, here is a compilation of the best crypto exchanges in USA, presented for the benefit of users. Kindly refer to the list provided below.
1. Binance.US – Biggest Crypto Exchange in USA
Binance.US stands out as the leading cryptocurrency exchange, boasting a wide range of digital assets and competitive transaction fees that cater to traders of all types. Tailored specifically for US-based traders, it provides access to over 150 cryptocurrencies for buying, selling, and trading through the newly launched Binance app 2.0. The platform caters to beginners, seasoned traders, and institutional investors alike, offering robust security measures to safeguard both cryptocurrency and USD holdings.
Explore our Binance Review for a comprehensive platform analysis, including its features, fees, security protocols, and more.
NOTE: Residents of New York, Texas, Vermont, and Hawaii are unable to trade on this exchange.
Why We Chose It?
Our decision to endorse Binance.US is underlined by its user-friendly interface, featuring handy charts and intuitive design elements. Moreover, the platform boasts cost-effective spot trading fees and attractive “instant buy” prices, further solidifying its position as the premier cryptocurrency exchange in the USA.
Key Features
- Staking opportunities are available for 19 different cryptocurrencies, including popular options like Solana and Ethereum.
- A professional-grade user interface for seamless trading experiences.
- Lucrative crypto rewards for staking activities.
- OTC trading functionality for high-net-worth traders seeking competitive price quotes.
- Comprehensive educational resources are accessible through the Binance.US Blog.
- Tiered trading platform offering varying benefits tailored to different user needs and preferences.
Pros | Cons |
Extensive selection of over 150 cryptocurrencies | Regulatory Concern |
Low transaction fees, including free trading for Bitcoin and competitive maker/taker fees for other pairs | Lacks US dollars |
Convenient mobile trading through the interactive Binance app 2.0 | |
Robust security measures safeguarding both USD and cryptocurrency assets | |
A professional-grade user interface for enhanced trading experiences |
2. Crypto.com – Leading Crypto Exchange Platform in USA
Established in 2016, Crypto.com, headquartered in Hong Kong, stands as a pioneering exchange empowering US-based users to engage in cryptocurrency and NFT transactions via its user-friendly mobile app. With an extensive repertoire of over 250 cryptocurrencies and support for 20+ fiat currencies, Crypto.com doubles as a bustling NFT marketplace. Crypto.com has more than 80 million users worldwide who enjoy deep liquidity in all market conditions.
Check out our in-depth Crypto.com review, covering its platform features, fees, security measures, and more.
Why We Chose It?
Crypto.com distinguishes itself with a robust suite of features catering to both seasoned traders and novices. Boasting a user base exceeding 80 million globally, the platform ensures ample liquidity across all market scenarios, spanning 90 countries. Its educational section enriches users with industry-leading insights, market updates, and event notifications, making it an ideal choice for traders at any level of expertise.
Key Features
- Unmatched in securities notifications and regulatory compliance globally.
- Sleek Crypto.com Visa metal card offers up to 5% cashback on all transactions.
- Crypto Earn provides a secure asset management solution, supporting over 40 cryptocurrencies and stablecoins.
- Seamless access to DeFi protocols via browser extension, simplifying DeFi management through desktop or mobile wallets.
Pros | Cons |
Diverse range of cryptocurrencies | High staking threshold |
Visa card accessible with ample cash back rewards | Coin accessibility is restricted in a few nations |
Simple currency conversion technique | Customer service may be improved |
Hardware wallet available | |
No annual or ATM charges |
3. Coinbase – Best Crypto Trading Platform in USA
Coinbase, considered one of the leading crypto exchanges in USA. Operating in 100+ countries, it offers hassle-free trading for NFT and crypto enthusiasts, with 35+ tailored products. Its user-centric approach includes the Coinbase Wallet for uninterrupted service and an advanced trading platform for precision. Through the Coinbase Earn program, users can learn about crypto and earn rewards, enhancing their trading journey. With 170+ supported cryptocurrencies and 110 million verified users worldwide, Coinbase remains the global go-to platform for crypto enthusiasts.
Read our thorough Coinbase review covering its platform features, fees, security, and more.
Why We Chose It?
Highly dedicated customer support, responsive app integration, cold storage integration, and accessibility of coinbase cards are a few driving factors of the exchange’s popularity. The diversity of 170 cryptocurrencies offers traders flexibility and multiple options for trading. The platform is ideally curated for beginners and experiences, and its user-friendly framework makes us choose this exchange in our list.
Key Features
- Coinbase exchange boasts a user base of 56 million verified active traders worldwide.
- Coinbase’s developer platform allows users to access real-time cryptocurrency updates.
- Coinbase accommodates various payment methods, facilitating investments and cashouts of any size.
- Coinbase offers a range of products tailored for individuals, businesses, and developers, including Crypto Wallet, Data Marketplace, NFT API, Wallet SDK, and Cloud Staking.
- The integration of cold storage ensures safety from digital attacks and makes it stand out among the digital crowd.
Pros | Cons |
Wide assortment of coin offerings | Restricted in a few countries |
Seamless UI technology adoption | High charges for additional features |
Accommodates numerous crypto wallets | Users lack permission over wallet keys |
Features Coinbase Advanced Trade platform for advanced investors | |
Strong liquidity | |
Responsive mobile app |
4. Gemini – Safest Crypto Exchange in USA
Gemini earned a great reputation as a regulated cryptocurrency exchange and is headquartered in New York, USA. The exchanges operated under the New York State Department and Financial Services (NYSDFS) regulation, catering to high-level protection for individuals and institutions alike. If you search for the best US-based crypto exchanges, you will be amazed to discover that Gemini has gained so much appreciation for being the safest crypto exchange. For in-depth information, you may check our Gemini review page.
Why We Chose It?
Gemini is at the forefront of implementing top-tier security measures, and this was the major thing that drew us to this exchange. By incorporating multi-signature withdrawal processes, encryption technology, and many others, firms ensure their traders regarding their safety.
Key Features
- Gemini offers a well-designed and simple user interface.
- Offers an easy-to-use mobile app.
- Available in 52 states, including New York.
- Gemini offers solid interest rates.
- Gemini supports seven types of fiat currencies: USD, AUD, CAD, EUR, GBP, SGD, and HKD.
Pros | Cons |
No annual fee for Gemini credit card | Charges comparatively higher fee |
Diverse range of more than 120 coins | Restricted customer support |
Provides good interest in the Gemini Earn program | Provide no access to a few coins |
Offers top-tier security features like multi-layered account security | |
10 free withdrawals |
5. KuCoin – Largest Social Trading Platform in USA
Experienced cryptocurrency traders prefer KuCoin due to its extensive coin offerings, advanced features, and competitive trading fees. KuCoin is dedicated to offering secure and convenient digital asset exchange services globally. It provides diverse trading options such as P2P, futures, margin, and spot trading, along with a trading bot for passive income. With support for over 700 cryptocurrencies, KuCoin serves 20+ global investors across 200 countries, boasting over 1 trillion in trading volume. Check our thorough KuCoin review covering the platform features, fees, security, and more.
Why We Chose It?
The reason for choosing the trading platform is that its founders only initiated it to offer equal opportunities to everyone, including the richest, unemployed, and unbanked. And they nailed it. Apart from this, its low and transparent fees play a pivotal role in its strong reputation.
Key Features
- The largest social trading platform hosting 20 global communities and 20 million investors, offering spot trading, margin trading, and a trading bot.
- Users can earn through Crypto Lending, KuCoin Earn, KuCoin Wealth, KCS Bonus, Cloud Mining, and Kucoin Pool.
- Self-custody Kucoin wallet serves as a gateway to web3, with a Beginner Zone featuring mystery boxes and bonus offers.
- Easy navigation and section division enhance user experience, supporting various trading features and affiliate programs.
- Crypto Loans distinguish the platform, offering traders 50% commission on KuCoin trading fees.
Pros | Cons |
Accommodates 600 widely-used cryptocurrencies | Lacks support for fiat pair trading |
Low and transparent trading fees | Lacks regulation |
Multiple payment options | No margin trading |
The responsive app supports Android and iOS | |
Support micro withdrawal wallets |
6. Fairdesk – US-Based Crypto Exchange
Fairdesk, established in 2021, swiftly emerged as a prominent crypto exchange in the USA by offering seamless transaction management for traders. Its growing popularity stems from its reputation as a reliable and secure platform. Fairdesk stands out for its commitment to trustworthiness alongside a rich array of features such as copy trading, extensive cryptocurrency options, and competitive trading fees. By combining quality digital assets worldwide, Fairdesk hopes to offer a simpler and safer means of conducting digital asset trades and exchange services.
Why We Chose It?
We picked FairDesk for its features, including transparent pricing, advanced security protocols, interactive interface, and a good range of assets that offer traders flexibility and options to diversify their investments. Its safe and practical mobile bitcoin trading platform gives it a cutting edge in the crowd of best crypto trading platforms in the USA.
Key Features
- Supports 200+ cryptocurrencies.
- Serves investors in 200 countries.
- Offers spot trading, margin trading, and copy trading.
- Facilitates simple crypto-to-fiat conversions.
- Provides simulated trading for learning without investment.
- Features lower trading fees, anonymous trading, and deposit bonuses.
- Ensures asset security with documented funds.
- Offers prompt and courteous customer service.
Pros | Cons |
Boasts key licenses and certificate | Lacks free trial |
Cost-effective trading platform | Lacks direct fiat deposit support |
Feature Fairdesk Go Mobile App | |
Proves good resources on blockchain under Fairdesk Academy | |
Fairdesk affiliate program offers a 60% lifelong commission and a $120,000 monthly bonus |
7. Kraken – Top Crypto Exchange in USA
Established in 2011, Kraken stands as one of the premier crypto exchanges headquartered in San Francisco, California, USA. Renowned for its liquidity, traffic, and spot market trading volume, Kraken ranks among the top five best crypto exchanges according to Coinmarketcap. With FinCEN accreditation, Kraken boasts top-tier regulation and licensing in the USA. Serving a global clientele of over 10 million across 190+ countries, Kraken offers a diverse selection of 200+ cryptocurrencies for both retail and institutional investors. Check out for an in-depth Kraken review, covering its features, fees, security measures, and more.
Why We Chose It?
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Top-notch security and low trading fees make Kraken a good choice for any trader, regardless of their experience. Digital hacking is common, and Kraken takes its commitment to security extremely seriously. Its high dedication toward customers’ security grabs its second rank on the crypto exchange security review site CER. Notably, Kraken has never experienced a significant hacking incident.
Key Features
- Access over 170 cryptocurrencies for trading.
- Safeguard your assets with Kraken’s 95% cold storage policy.
- Benefit from 24/7 global customer support.
- Enjoy the advantage of low fees starting from 0%.
- Trust in high-ranking cybersecurity measures for your peace of mind.
Pros | Cons |
Equipped with cutting-edge features | Higher transaction fees in Kraken Pro inactivity |
Popular coins available | Margin trading now unavailable to Canadian traders |
Feature Fairdesk Go Mobile App | |
Affordable for withdrawing Bitcoin | |
Professional customer support | |
Comprehensive educational tutorials and resources |
8. Bitstamp – Most Trusted Crypto Exchange in USA
Bitstamp, a leading cryptocurrency exchange platform in the USA, offers a reliable and innovative solution for trading over 80 crypto assets securely. Established in 2011, it boasts a user base of over 23,000 retail investors and 5,500 senior decision-makers. With institutional-grade security and proven reliability, Bitstamp ensures ease of trading with advanced tools and a mobile app for on-the-go trading. It provides premium access to both individuals and institutions, guaranteeing reliable trade order execution, uninterrupted uptime, and substantial liquidity.
Read our detailed Bitstamp review, covering its features, fees, security, and more.
Why We Chose It?
Reasons for choosing this exchange are numerous, and a few compelling features include a wide range of trading services for crypto enthusiasts and a user-friendly trading platform. On the front of security measures, Bitstamp leads the way. A few significant milestones, such as obtaining a European license and forming strategic alliances within the sector, are driving its popularity among serious traders.
Key Features
- Highly optimized platform designed for a diverse customer base.
- Access to 15 digital assets and 56 cryptocurrency trading pairs.
- Easy navigation for instant, market, limit, or stop orders.
- Competitive transaction fees starting at 0.50%.
- Mobile App supports iOS and Android, among other platforms.
Pros | Cons |
Offers wire transfers and currency transfers using USD, GBP, etc | Delayed verification process |
Incorporates advanced trading platforms | Selective cryptocurrencies |
Low fees and liquidity | |
Diverse range of charting tools | |
Perform periodic audits to align with regulations | |
Provides crypto staking |
9. BitMart – Leading Crypto Asset Exchange in USA
BitMart, one of the most popular crypto exchanges in the US, enables customers in 180+ countries to trade utilizing 1,000 digital currencies and tokens. One thing that sets BitMart apart from other exchanges is its crypto selection. The exchange rapidly buys and sells over 1500 high-quality cryptocurrencies and 800 trading pairs. In addition to complex cryptocurrency futures and spot trading, the trading platform offers a variety of crypto-earning alternatives such as Dual Investment, Staking, and Savings. BitMart also includes innovative risk-control tools like hybrid cold/hot wallets and multifactor authentication.
Why We Chose It?
BitMart perfectly aligns with our defined parameters, such as the exchange accommodating various cryptocurrencies. They charge reasonably, and the integration of popular payment options also ensures fast processing. Moreover, all the trading features on the site fit well for beginners and experts equally.
Key Features
- Suitable for both beginners and experienced traders, offering a convenient and responsive trading experience.
- Provides real-time data and charting tools for trading popular altcoins.
- Charges reasonable and competitive transaction fees and other remunerations.
- Boasts a strong customer base of 9 million users.
Pros | Cons |
Accommodates a plethora of cryptocurrencies | Massive cyberattack in 2021 |
Offers opportunities to traders to earn crypto | Customer support needs improvement |
Industry based security protocols | |
Diverse range of charting tools | |
Futures and margin trading accessible | |
BitMart Affiliate program features 3 different tiers | |
NFT marketplace | |
BitMart Lending product offers good interest |
10. Uphold – Seamless Crypto Exchange in USA
Since its launch in 2015, Uphold has powered more than $4 billion in transactions. Uphold has become a pioneer in the global digital trading market, supporting over 250 cryptocurrencies across 184+ countries, and has 10+ million users. It is easy to use and suitable for all kinds of traders. The platform offers various other products apart from cryptocurrencies, such as precious metals, environmental assets, limit orders, automatic trading, and staking features. It also has an enriching educational resource platform that provides blogs, news, press releases, and cryptocurrencies that can be helpful to new crypto traders. Uphold is registered with FCA, FinCEN, and the Lithuanian Bank and provides the following features and benefits.
Read our detailed Uphold review covering its features, fees, security, and more.
Why We Chose It?
Uphold fosters transparency by providing full details about its costs, security precautions, etc., bringing us to this platform. The openness in trading fosters trust and builds strong customer relationships in the long run. Another valid reason for choosing this exchange is that it operates within rigorous regulatory frameworks, assuring adherence to legal requirements and laws.
Key Features
- Quick and easy registration process available.
- No additional trading fees except for spread costs.
- Users can stake their crypto in their portfolio for token rewards.
- Uphold allows U.S. traders to stake Ethereum, Solana, and other cryptocurrencies.
- Uphold MasterCard rewards debit cards offer 1% cash back on fiat currencies and 2% on digital currencies.
Pros | Cons |
Flexible and user-friendly interface | An educational component is unsystematic |
Opens direct cross-asset trading | |
No trading commission on assets | |
Low deposit threshold | |
Facilitates users to earn cryptocurrency as rewards | |
Supports the trade of fiat currency and precious metals |
11. Robinhood – Most Popular Crypto Exchange in USA
Robinhood has successfully added its name to the list of the best cryptocurrency exchanges in the USA, and big credit goes to its easy-to-use trading app. Initiated as a disruptor in the brokerage industry, it offers lower market barriers, which makes it an ideal platform for newcomers. Robinhood provides cryptocurrency trading with no commission fees and a minimum investment of $1. The regular accounts at Robinhood offer an annual margin interest rate of 12.00%. However, the margin rate decreases to 8.00% once you become a Robinhood Gold member. The Robinhood cash card is another worth mentioning because it provides weekly rewards on purchases. It also protects unauthorized activity by utilizing multi-factor authentication on all trading accounts.
Why We Chose It?
The ultimate reason behind Robinhood Exchange is that it acts as an investment advisor. It facilitates the process of purchasing and selling stocks seamlessly. Furthermore, trading is free of cost, which is great for price-sensitive traders. Since Robinhood matches 1% of IRA contributions and transfers from third-party accounts into retirement accounts, it can also be a wise option for IRA accounts.
Key Features
- The platform is well-designed for active trading, including day trading.
- It accommodates High-interest cash options.
- Do not carry any contract fees.
- It offers the most dependable and totally free cryptocurrency trading.
- Every time you make a deposit, Robinhood Retirement puts an extra penny by 1%.
- Every deposit into a Robinhood IRA will give you extra money by 3%.
Pros | Cons |
Doesn’t charge monthly fees | Lacks joint brokerage or custodial accounts |
Extremely simple platform to utilize | Fails to offer bonds or mutual funds |
Facilities of fractional share trading | |
Quick access to the deposited cash | |
No charges for foreign transactions, inactivity | |
High-interest cash option | |
The Gold tier subscription service provides 5.00% APY on uninvested brokerage cash |
Comparing The Best Crypto Exchanges in USA
Disclaimer: The fee structure may vary based on trading volume. Rates are subject to change and can fluctuate according to the market conditions.
Types of Crypto Exchanges
There are different types of crypto exchanges, each serving different trading purposes:
Centralized exchanges (CEXs): Centralized exchanges are managed by a central authority, examples include Binance and Coinbase. Centralized exchanges offer a range of tools and services for seamless transactions. While they provide a trusted environment for buying, selling, and trading digital assets, users may experience higher fees and potential security risks due to the single ownership and centralized operations.
Decentralized exchanges (DEXs): Decentralized exchanges enable direct peer-to-peer transactions through blockchain technology without intermediaries. Decentralized exchanges promote autonomy and transparency, however, users should be aware of potential liquidity issues and the need for a compatible digital wallet to access DEXs.
Hybrid exchanges: Hybrid exchanges bridge the gap between centralized exchanges (CEXs) and decentralized exchanges (DEXs). It combines the best features of both to provide users with enhanced flexibility and security benefits.
Other than these several new crypto exchanges are cropping up every day.
Let us look into the types of global crypto exchanges:
Fiat To Crypto Exchanges: Fiat-Crypto exchanges allow users to purchase cryptocurrency directly using their fiat currencies. These are highly popular among users who are unfamiliar with cryptocurrencies as they will enable them to purchase their preferred cryptocurrencies without any problems easily.
Crypto To Crypto Exchanges: Crypto to cryptocurrency exchange allows users to buy bitcoin and cryptocurrencies using different cryptocurrencies. This implies that the user can buy bitcoin and crypto using fiat in a fiat-to-crypto exchange. They should store it in a crypto wallet of an exchange or hard wallet before they proceed with exchanging another crypto coin.
Peer-to-Peer Exchanges: Peer-to-peer exchanges match a buyer with a seller to buy and sell cryptocurrencies. One example of peer-to-peer exchanges is Localbitcoins, where a buyer will check with a seller, thereby offering the best price for their coins. This type of centralized exchange typically provides an escrow service by reducing the counterparty risk for buyers & sellers.
Cryptocurrency Law and Regulations in USA
Both the federal and state governments in the US keep a close watch on cryptocurrency activities. Most of the focus has been on the federal government’s administrative and agency levels, including the Securities and Exchange Commission (the “SEC”), the Commodity Futures Trading Commission, and other agencies. Many federal agencies and lawmakers have praised the technology, pointing out that it will be an essential part of future generations of structure in the United States and that the nation is obliged to be a leader in its development. Each US state has its own set of laws dealing with cryptocurrency. Complying with federal and state regulations and monitoring regulatory developments are necessary when engaging with crypto exchanges in USA.
Our Methodology
Here we have assembled key criteria based on which we have curated this comprehensive list of crypto exchanges in the USA.
- Basic And Advanced Trading Features
- Educational Resources
- Fee structure
- Safety and Security Measures
- User Feedback
- Customer Support Services
- Ease of Deposit And Withdrawal
- Range Of Products
- Platform Usability (Desktop and Mobile)
Learn more about our approach to reviewing Crypto Exchange platforms. Explore our methodology!
Conclusion
Picking this list of the best crypto exchanges was not easy. By investing long hours and conducting well research we discovered these finest trading platforms. All the platforms mentioned in the above list are good for active trading and most of them provide commission-free trades on nearly all the investments.
On our parameters of platform and technology, these exchanges fit perfectly due to their simplicity and adoption of advanced security measures. In addition to security protocols, we also analyzed these exchanges employing parameters like customer support, deposit and withdrawal processes, product offerings, real-time market feeds, etc.
FAQs
How did you choose the top crypto exchanges in USA?
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We have researched different exchanges to find various options concerning low fees, cryptocurrency availability, exchange account security, mobile access, and user interface. Also, research has been done on these exchanges; whether they provide services to institutions or individuals, major crypto exchanges offer options regarding margin trading support for stablecoins and rewards.
How can one open a cryptocurrency exchange account?
One can visit the exchange’s website or download its app to create a crypto exchange for beginners’ accounts. Each exchange has a different registration process. Here, one can buy, sell or trade small amounts of crypto without verifying one’s identity or providing much information.
How many crypto exchanges are in the USA?
There are nearly 600 exchanges currently, of which Binance and Coinbase are the biggest.
What is the best way to buy cryptocurrency in USA?
The best way to buy cryptocurrency in the USA is through reputable cryptocurrency exchanges like Coinbase, Gemini, or Kraken. Ensure you verify your identity and choose a platform with strong security measures to protect your investment.
How much money do you need to buy crypto?
The amount of money needed to buy crypto varies based on the cryptocurrency’s current price. You can start with as little as a few dollars to invest in some cryptocurrencies, while others may require larger investments.