Best Crypto Exchanges in the USA

The United States of America is one of the largest markets for cryptocurrencies. Almost 28% of the people in the USA own crypto assets. In a country where cryptocurrency has already become one of the most sought after assets, crypto exchanges are a necessity. However, you might assume that finding the best crypto exchanges in USA will be a difficult task with the multiple options.

Many people think that discovering the ideal crypto exchange is all about picking one of the popular choices. On the other hand, choosing a cryptocurrency exchange requires attention to many factors. Let us go through the details of some of the most renowned crypto exchanges in the USA. 

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Exploring the Features of Popular Cryptocurrency Exchanges in USA

If you want to enter the crypto market in the USA, then you must use crypto exchanges that serve your needs. Beginners will have a difficult time browsing through the details of top crypto exchanges in USA and their reviews alone. You can find the most useful solution to this problem by using the suggestions of experts. The following crypto exchanges are the top options for users in the USA according to experts.

• Coinbase

The first crypto exchange that grabs the attention of users in the United States of America is Coinbase. It has become one of the top exchanges with almost 98 million users and a list of 200 supported cryptocurrencies. Coinbase has garnered popularity for its user-friendly interface, cost-effective trading fees, and affordable minimum deposit options. 

You can also find three Coinbase mobile apps along with different products tailored to the level of your expertise as an investor. One of the biggest things about Coinbase for any crypto user is the strong security of the exchange. For instance, it has never been the victim of a major crypto security breach. 

• Binance US

The biggest crypto exchange in the world, Binance, offers its services in the United States through Binance US. It is one of the notable answers to “Which crypto exchange is legal in the USA?” even as an affiliate of Binance. Binance US arrived in 2019 when the parent company had to withdraw its services from USA due to operational and regulatory issues.

The most appealing features of Binance US include the assurance of security through cold storage and two-factor authentication. You will also find additional security features such as advanced access control and safe sign-in on Binance US. The exchange supports more than 150 cryptocurrencies, thereby offering a broad range of options to users. 

• Bitstamp

Another popular crypto exchange that is legal in USA is Bitstamp, which is one of the oldest exchanges in the market. Registered in NY, the exchange has gained the trust of users for its simple and cost-effective fee structure. US investors in New York prefer the exchange as many other crypto exchanges do not operate in that region. 

With support for more than 80 cryptocurrencies on desktop and mobile platforms, Bitstamp caters to the needs of beginners as well as experienced traders. The security features of Bitstamp such as email confirmation before withdrawals, multi-sig hot wallets, and two-factor authentication, also prove that it is a trustworthy exchange.

• Robinhood

You can discover one of the most interesting examples of cryptocurrency exchanges in USA with a distinctive origin story. Robinhood started as a stock trading app and gradually extended the scope of its services to include crypto trading in 2018. It is a great pick for anyone who wants to dabble with traditional stocks, options, and ETFs along with crypto trading.

The most striking detail of Robinhood is the assurance of crypto trading without commission. On top of it, the sophisticated security features for protecting sensitive information and assets of users makes it a credible crypto exchange. Crypto users in USA must also know that Robinhood operates according to SEC guidelines and adheres to all standards of regulatory compliance.

• Bitget

Bitget is an emerging name among the top cryptocurrency exchanges operating in the United States. The most appealing features of Bitget include the unwavering emphasis on security and advanced trading tools. It is a useful exchange for retail and institutional traders with facilities for spot trading and futures trading. 

Bitget is the best contender to become one of the popular crypto exchanges for its social trading feature that allows you to copy the strategies of successful investors. The most appealing feature of Bitget for crypto users in USA is the guarantee of low transaction fees. The exchange supports different payment methods and uses strict security measures like frequent security audits, multi-signature cold wallets, and real-time risk management systems.

• CEX.IO

The next crypto exchange which is legal in the United States of America is CEX.IO. It is one of the most transparent and reliable crypto exchanges with more than 15 million users worldwide. The foremost trait of the exchange that makes its different from the competition is regulatory compliance. 

It has never come across any regulatory compliance issues and has been an early pioneer in implementation of KYC and AML standards. Users also trust the CEX.IO exchange for its advanced security measures such as PCI DSS Level 1 certification along with cold storage and two-factor authentication. 

• Gemini

The list of crypto exchanges operating in USA must also include Gemini, which boasts of its origins in USA. It is one of the best crypto exchanges in USA for intuitive products, regulatory compliance and innovative security practices. You must also remember that it is one of the selected exchanges that you can use in all the states in USA.

The trading features on the exchange cater to the requirements of different types of traders and also support different order types. You can also use the mobile app of the exchange to access advanced trading features. Users trust Gemini for security of their crypto assets because it maintains the SOC certifications and does not require minimum account deposits.

How Will You Choose a Crypto Exchange in USA?

You may be a beginner or an expert crypto trader and still end up in doubt while picking crypto exchanges. It is important to review the top crypto exchanges in USA on the basis of certain factors to make the ideal choice. The crucial factors that can help you choose an efficient crypto exchange include security, reputation of the exchange, and list of supported cryptocurrencies.

You must also keep an eye on the liquidity offered by the exchange before choosing the final option. It helps you determine whether the exchange will safeguard you in the time of extreme volatility. The other features of a crypto exchange that you must check are the user interface and transaction fees. 

Final Thoughts 

The list of cryptocurrency exchanges in the USA reveals that crypto users can explore different options while buying and selling cryptocurrencies. You must know that crypto exchanges operating in the USA follow regulatory guidelines, offer advanced trading features and prioritize security. The other important factors that drive the popularity of crypto exchanges in the United States of America include the intuitive user interfaces, simple fee structures, and customer support. Explore other options among top exchanges in the USA that you can trust for your journey with crypto now.