Best Crypto Exchange for USA

A con with Coinbase is the fees which start at 0.60% (taker) and 0.40% (maker) and reduce with trading volume. However, for smaller investors, Coinbase is not the cheapest exchange and better fees can be obtained on Binance. You’ll ideally want to verify that there’s sufficient trading volume in your target coins to ensure liquidity, so you can easily trade your coins and dollars.

These exchanges offer diverse asset offerings, user-friendly interfaces, varied deposit options, and comply with US regulatory laws. There are hundreds of different crypto exchanges to choose from and not all of them are created equal. This is why it’s essential to research the best exchange option for your personal needs, as the best exchange for one person might be a terrible choice for another. Check out reviews, compare features, fees, pros and cons of each exchange and determine how well they align with your preferences and requirements. Coinmama is perfect for those who want to buy cryptocurrency instantly and easily, with no pre-funding of the account, and coins going straight to your personal wallet. Selling crypto is also fast and simple, even if you bought it on a different exchange, and your payment goes direct to your bank account.

Best Cryptocurrency Exchanges of November 2023

Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC). Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial Best Crypto Exchange for USA cryptocurrency exchange could potentially lose their funds as unsecured creditors. The originally San Francisco-based crypto exchange is now a geographically decentralized company with no headquarters and available in 100+ countries.

Best Crypto Exchange for USA

A crypto exchange is a platform that allows users to buy and sell digital assets and cryptocurrencies such as bitcoin and ether. For our best cryptocurrency exchange and app rankings, we looked at safety and security among more than 40 leading crypto exchanges and apps. We also assessed features offered, trading fees, withdrawal fees and ease of use, among other factors. Not all cryptocurrency exchanges allow the withdrawal of USD to a bank account.

Trade Limits

And when you’re ready to purchase new crypto assets, you can use the app to make a one-time purchase or set up recurring buys. If you trade under $1,000 per month, you won’t be charged any maker or taker fees for trading in the spot market. Maker and taker fees range from 0% to 0.3% and 0% to 0.4% respectively, depending on how much you trade.

Users can also access trading fee discounts when holding the exchange’s native token, BMX. With its margin accounts, you can borrow up to five times your account balance to trade crypto assets. Futures trading — contracts that allow you to buy or sell an asset at a set price on an upcoming date — is available for bitcoin, ether, litecoin, bitcoin cash, and ripple. The best cryptocurrency exchanges offer low fees, a large range of crypto availability, staking rewards, built-in wallets, educational resources, and more. Many of the other best online brokerages also offer cryptocurrency trading as an option alongside stocks, bonds, ETFs, and more. The top five cryptocurrency exchanges for US investors, as per our analysis, are eToro, Uphold, Bybit, Binance US, and Coinbase.

Best Fiat Support: Binance,, KuCoin

Decentralized exchanges follow in the spirit of Bitcoin by operating with no central point of control. Servers for this type of exchange are spread throughout computers located across the world, which means if one computer is attacked, the network keeps running. The main issue with this type of exchange is that users are inherently more vulnerable to hacking attacks.

  • Established in 2012 and headquartered in Hong Kong, Bitfinex is one of the largest and most advanced cryptocurrency exchanges globally.
  • When talking about decentralized exchanges, most people think of protocols like Uniswap, which facilitates simple token swaps.
  • Seasoned crypto investors can use the platform’s advanced trading option for lower trading fees, charting tools and a view of the exchange’s order book.
  • The exchange provides a digital wallet for the secure storage of crypto assets, supports funding through debit and credit cards, and offers round-the-clock customer service.

The Commission also identified possible violations of securities law in the company’s crypto staking service. The main downside of GMX is that it only offers a limited number of cryptocurrencies for trading. However, it does offer a very smooth user experience which is a rarity when it comes to decentralized platforms for trading derivatives. While Binance is arguably the best platform to invest in crypto, users should note that Binance is not open to customers from the United States. If you’re from the United States, you can check out Binance.US, but it doesn’t have as many features and lists fewer cryptocurrencies.