In this article, I will talk about the Top 10 Cryptocurrency Exchanges in the USA and shed light on the most suitable platforms for the purchase and sale of digital coins.
Whether you are new to investments or an experienced trader, this article should help you identify secure user friendly exchanges that have low transaction charges and high-end capabilities that suit your crypto trading needs.
Top 10 Exchange In USA Key Point & List
| Exchange | Key Features |
|---|---|
| Coinbase | User-friendly, widely accepted, offers educational resources, supports a variety of cryptocurrencies. |
| Kraken | Offers a wide range of cryptocurrencies, advanced trading tools, low fees for high-volume traders. |
| Binance.US | U.S.-specific version of Binance, offers a variety of cryptocurrencies, low trading fees. |
| Gemini | Regulated in the U.S., provides strong security, supports a range of coins, offers interest-earning features. |
| Uphold | Supports a variety of cryptocurrencies, commodities, and fiat currencies, easy-to-use interface. |
| Bitget | Focus on derivatives and futures trading, offers spot trading, and supports a variety of altcoins. |
| Robinhood | No-fee trading for cryptocurrencies, limited coin selection, integrates with traditional investment options. |
| Bitstamp | One of the oldest exchanges, offers a reliable platform, supports a variety of cryptocurrencies. |
| Crypto.com | Offers a wide range of crypto services, including trading, staking, credit cards, and loans. |
| Coinmama | Focus on buying crypto with fiat currencies, simple interface, supports a limited selection of coins. |
Our Top 10 Exchange In USA
1. Coinbase
Coinbase is one of the most used and most user friendly cryptocurrency exchange that is tailored to new users. It allows its users to buy, sell and store multiple coins like Bitcoin, Ethereum and Litecoin.
Coinbase has become previously famous for its simple interface that allows new users to easily operate the site.
They also provide useful tutorials that explain the basis of crypto trading. Coinbase accepts the transfer of crypto assets to transactions like Dollar which ensures easy entry for participants that have not been exposed to crypto spaces previously.
It has strong security measures including two factor authentication but the charges might be higher than other exchanges on the market.
| Feature | Details |
|---|---|
| Exchange Fees | Taker Fee: Up to 0.60% (varies by volume), Maker Fee: Up to 0.40% (varies by volume) |
| Supported Currencies | Over 240 digital assets including Bitcoin, Ethereum, Cardano, Tether, and more |
| Customer Support | 24/7 live chat, email support, phone support, in-product support |
| Website Link | Coinbase |
2. Kraken
Kraken is one of the oldest exchanges available in the crypto space that has great security and a good selection of coins.
You can be a newcomer or a professional and still be able to trade through Kraken as it has spot trading, future trading, margin trading and also staking.
If you are an experienced trader, you will find Kraken’s advanced trading tools like charting and real-time market data useful when trading.
Lower fees are also provided for high users on the platform alongside its security features creating a great reputation.
Kraken is regulated in the United States and has a good uptime record. It also provides users with volatility in deposits by having both fiat and crypto deposits.
| Category | Details |
|---|---|
| Exchange Fees | Fees range from 0% to 0.40% depending on trading volume and currency pair. |
| Supported Currencies | Supports a wide range of cryptocurrencies including Bitcoin, Ethereum, USDT, and many more. |
| Customer Support | 24/7 global support via live chat, email, and phone. |
| Website Link | Kraken Exchange |
3. Binance.US
Binance operates globally and in the United States through its subsidiary Binance US which is fully compliant with US regulatory frameworks.
Users of this exchange can buy popular coins and tokens including Bitcoin and Ethereum. Most users find it easy to use due to its simple interface and low trading costs.
There is quantitative trading, staking and USD deposits available and the platform is reputed to be secure.
Although all the options available on Binance Global are not offered by the Company including options like futures trading, it has a number of options that would suit the needs of the American traders and emphasize compliance with the requirements of the local laws.
| Category | Details |
|---|---|
| Exchange Fees | Binance.US offers 0% fees on Tier 0 pairs and volume-based discounts on other pairs. Trading fees are determined by your 30-day trading volume. |
| Supported Currencies | Supports over 150+ digital assets, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and many more. |
| Customer Support | Binance.US provides 24/7 live chat support via their website and mobile app. |
| Website Link | Binance.US |
4.Gemini
Gemini is an American exchange platform that prides itself in security and compliance.
It offers various services dealing with cryptocurrencies including buying, selling, and holding all forms of cryptocurrencies on the platform.
For advanced users, Gemini presents an interesting set of features including recurring buys, price alerts, and setting up interest-earning accounts for select cryptocurrencies.
How are US citizens able to feel so secure using this platform? It is simply because it is registered and controlled by US authorities.
Apart from such registration, Gemini has strict policies making it unnecessary for someone to put themselves at risk.
They even insure hot wallets filled with digital currencies thus making it compliant with US citizens’ needs and demands.
| Category | Details |
|---|---|
| Exchange Fees | Gemini offers various fee schedules depending on product and usage level. For example, Web Order fees start at $0.99 for orders up to $10 USD and go up to 1.49% for orders over $250 USD. |
| Supported Currencies | Gemini supports multiple fiat currencies including USD, AUD, CAD, EUR, GBP, SGD, and HKD. It also supports a wide range of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many others. |
| Customer Support | Gemini provides customer support through their Help Center, which includes a status bar, enhanced search, and organized help articles. They aim for response times within 24 hours. |
| Website Link | Gemini Exchange |
5. Uphold
Uphold is a multi-faceted exchange that accommodates not only cryptocurrency trades but also trades in currency, carbon credits, and even precious metal coins.
The interface allows easy navigation for quick asset exchanges, but that’s not all Uphold is capable of.
The platform has a specific wallet not dependent on any nation, making it possible to trade across borders.
The charges on the exchange are reasonable and the services are almost all around the world spanning across 180 countries.
Uphold is Patented Digital Currency Security Features as Two Factor Authentication and Two Factors. It has an institutional platform for bigger traders as well.
| Category | Details |
|---|---|
| Exchange Fees | Trading fees range from 0.25% to 2.95% depending on the asset. Deposits and withdrawals are generally free, except for network fees for crypto transfers. |
| Supported Currencies | Uphold supports over 300 assets, including fiat currencies (like USD, EUR, GBP), cryptocurrencies (like BTC, ETH), and precious metals. |
| Customer Support | Uphold provides support through their Help Center, email, and live chat] They aim to respond promptly to inquiries. |
| Website Link | Uphold Exchange |
6. Bitget
Bitget is primarily a cryptocurrency exchange focusing on derivatives and futures trading. It has a range of cryptocurrencies and offers spot as well as leverage as part of its services.
The most notable aspect of Bitget is its focus on crypto derivatives, which permits its users to make leverage trades on the future price.
Another option available is social trading as this allows users to copy and follow skilled traders.
Bitget provides a wide range of cryptocurrencies and also gives advanced tools for trading to its customers.
It charges low fees and has plenty of liquidity as well as a friendly interface which attracts new and existing traders looking to trade in a more leveraged environment.
| Category | Details |
|---|---|
| Exchange Fees | Spot trading: Maker 0.1%, Taker 0.1% |
| Futures trading: Maker 0.02%, Taker 0.06% | |
| Supported Currencies | Over 400 cryptocurrencies, including BTC, ETH, LTC, XRP, and more |
| Over 140 fiat currencies, including USD, EUR, GBP, JPY, INR, and more | |
| Customer Support | 24/7 support via chat, email, social media (Facebook, Twitter, LinkedIn) |
| Website Link | Bitget Official Website |
7. Robinhood
In recent years, Robinhood seems to have become a popular platform for trading in stocks and cryptocurrencies.
It is a no transaction fee platform which supports crypto trading. However, there are some drawbacks.
The platform lacks a wallet which makes one unable to store his cryptocurrencies elsewhere and further crypto transactions are restricted to the platform only.
Also, the other issues arise when transforming into an advanced user as it has a basic interface with a very limited number of trading coins supported on the platform.
The solution brace’s possibilities is promoting crypto trading alongside traditional stocks on the same website, however the trading volume of Robinhood may not satisfy larger traders as they have a very basic coin selection.
Here’s a table summarizing key information about Robinhood:
| Category | Details |
|---|---|
| Exchange Fees | Commission-free for stocks, ETFs, and options. Other fees may apply. |
| Supported Currencies | Stocks, ETFs, options, and cryptocurrencies like BTC, ETH, DOGE, SHIB, and more. |
| Customer Support | 24/7 support via chat and phone (7 AM – 9 PM ET on weekdays). |
| Website Link | Robinhood |
8. Bitstamp
Bitstamp is one of the most established and credible cryptocurrency exchange platforms. It has been operational for many years and has a wide range of cryptocurrencies such as Bitcoin, Ethereum, and Ripple.
Users can trade at Bitstamp both on the spot and on margin, catering to users who are both casual and professionals.
The platform allows easy conversion from fiat to crypto and charges low trading fees relative to the volume traded.
The digital assets owned by users on the platform are secure as it incorporates two-factor authentication and ensures digitals assets.
Furthermore, it also has a fairly long history and unique platforms which makes new and existing traders trust the platform even more.
| Feature | Details |
|---|---|
| Exchange Fees | Maker fee: 0.00% – 0.30% Taker fee: 0.00% – 0.40% |
| Supported Currencies | USD, EUR, GBP, BTC, ETH. |
| Customer Support | 24/7 Live support via phone, email, and chat |
| Website Link | Bitstamp |
9. Crypto.com
Crypto.com is a fully integrated cryptocurrency app where you can find a crypto exchange, crypto wallet, staking, lending and crypto credit cards all in one place.
It’s very crypto-friendly, allowing the purchasing, trading and exchanging of assets at low trading fees in a variety of supported cryptocurrencies.
Under its native token, CRO, the platform also manages a rewards program that allows users to earn cash back and other rewards when they spend or use CRO.
With global operations and an emphasis on supply of an entire economy touch, Crypto.com is left to be the best fit for the users looking for a platform on which all their crypto requirements could be met, though a few users feel that the interface is a bit complicated.
| Category | Details |
|---|---|
| Exchange Fees | Spot trading: Maker 0.04%, Taker 0.10% Futures trading: Maker 0.02%, Taker 0.06% |
| Supported Currencies | Over 350 cryptocurrencies, including BTC, ETH, LTC, XRP, and more. Over 20 fiat currencies, including USD, EUR, GBP, JPY, INR, and more |
| Customer Support | 24/7 support via chat, email, and social media (Facebook, Twitter, LinkedIn) |
| Website Link | Crypto.com |
10. Coinmama
Coinmama is a crypto exchange platform that is specialized in letting the users purchase cryptocurrencies by making use of fiat currency.
This facilitates users in buying Bitcoin, Ethereum and various other coins using their credit or debit cards.
Coinmama is quite famous for its uncomplicated no-frills interface which is perfect for novice users who wish to get into the crypto world with ease.
Although it charges higher costs than most other exchanges it caters for those users who do not mind the high costs but place priority on the user friendly, simplified system and the immediate receipt of the coins purchased.
Coinmama has a global reach and it is accessible to users from more than 180 countries.
| Category | Details |
|---|---|
| Exchange Fees | Commission fees range from 0.99% to 3.90% depending on spending within a 90-day period. Withdrawal fee is 0% |
| Supported Currencies | Supports USD, EUR, GBP, AUD, CAD, JPY. |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Qtum (QTUM), Ethereum Classic (ETC), Tezos (XTZ), EOS |
| Customer Support | Available via email, online chat, and phone. |
| Website Link | Coinmama Website |
Are Exchange Safe?
Cryptocurrency exchanges can be secure if certain measures are put into place such as cold storage, adopting two-factor authentication (2FA), and having an insurance cover for utilizers’ funds.
Centralized exchanges (CEX) basically store assets in a single wallet that is under a centralized authority which means such systems are a target to hacking.
Decentralized exchanges (DEX) reduce this risk by allowing peer-to-peer transactions but may still have some vulnerabilities.
In the end, though, it’s best for users to choose established exchanges and practice sound security, including strong passwords and hardware wallets, to reduce risk exposures.
How to Choose the Top Exchange In USA?
Regulations and Authorizations: Make sure for legal purposes and users protection the exchange is licensed by American agencies such as SEC, FinCEN, etc.
Security Measures: Ensure the use of two-factor authentication (2FA), cold storage or other asset insurance.
Payments and Transactions: Understand both the transaction and withdrawal fees in order to gauge whether the platform is cost effective.
Supported Coins: Establish whether there are enough currencies that you would like to trade in, among those which are offered by the exchange.
User Interfaces: Search for an exchange which can be easily understood and operated by a novice as well as a professional.
Liquid Asset: Search for and use an exchange that can be affected by high rates of liquidity and thus perhaps faster trade speeds.
Service Desk: Use the channels which guarantee quick and appealing aftermath when looking for customer service support.
Positioning Services: Look for specific positioning services such as staking or enabling margin positions and advanced charts and derivatives, if available.
Trust: Examine reviews of other users and the company’s general standing to understand whether or not the site can be trusted.
Restrictive Payment Methods: Check whether the exchange allows deposits and withdrawals through conventional means such as bank cards, wire transfers, and even PayPal.
Pros & Cons Of Top Exchange In USA
Conclusion
To summarize, as we’ve stated above, we first introduced the 5 highest ranked cryptocurrency exchanges in the USA, these are: Coinbase, Kraken, Gemini, Binance US and eToro.
These exchanges do have their own advantages and disadvantages relative to your requirements.
Coinbase and Gemini are perfect exchanges for beginner traders as they have easy interfaces alongside proper regulations.
Kraken and Binance US have a little bit better tools and lower fees thus are meant for seasoned traders. E-Toro is unique as it has social trading functions which give opportunities for users to copy successful trades.
When choosing the most suitable exchange, key factors to look out for are: fees, regulations, security, cryptocurrencies and interface in accordance with the user’s trading style or strategy.
