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BTC, ETH, LTC, USDT + 100 more
ETH BTC LTC ADA
ETH BTC LTC ADA
ETH, BTC, SOL, ADA
ETH, BTC, QNT, ADA
ETH, BTC, SOL, ADA
ETH, BTC, LTC, ADA
BTC, LTC, DOG, ETH + 150 more.
BTC, ETH, ADA, USDT + 200 more
BTC, ETH, USDT, DOG + 250 more
As the most frequently used cryptocurrency exchange in the US, Coinbase is at the top of our list. Founded in 2012, Coinbase functions as a fully licensed and regulated exchange platform.
Coinbase currently holds a grant that allows them to operate in over 40 states and territories within the US.
Selling an extensive range of altcoins, Coinbase features an extremely simple user interface and boasts high liquidity.
While the industry of cryptocurrency does include fraudulent coins and suspicious exchanges, Coinbase has mostly avoided any significant disputes. Their exchange is very easy to use for beginners and removes the barrier of complex and confusing cryptocurrency investment.
Coinbase insures custodial wallets for traders and investors to keep their funds. The exchange platform also combats against hacker attacks and data breaches by securely storing your money in bank accounts insured by the FDIC.
For beginners in the crypto investment industry, these custodial accounts are convenient, but it’s worth noting that the private keys to wallets that store your coins are held by Coinbase, not the investor.
Coinbase also offers years the option to sign up for the free Coinbase Pro, which charges a much lower fee and features more options. However, traders and investors who don’t use Coinbase Pro might be subject to high fees.
For those looking to take the next step in cryptocurrency exchange, Coinbase Pro is a great upgrade. By adding features that a more seasoned investor would look for, Coinbase Pro helps balance out the overall benefits.
Compared to some of the other exchanges mentioned so far, Binance is a newer exchange. Binance’s founder developed this crypto exchange in 2017, and you will find the headquarters is in Malta.
The idea behind Binance is to improve the freedom of money throughout the world. They have an extensive range of cryptocurrencies for users to buy and trade. A few of the currencies you can trade on this platform include Bitcoin, Bitcoin Cash, Bitcoin Gold, NEM, Dash, Ether, Ripple, and much more. You’re even able to purchase Binance’s cryptocurrency, Binance Coin, if that’s something you’re interested in.
For those who may want more knowledge about buying and selling cryptocurrencies, Binance offers an academy on their website. Users can learn about the different currencies and other aspects of the cryptocurrency world.
Compared to many other leading crypto exchanges in the US, Kraken supports more cryptocurrencies and charges lower fees.
Serving as one of the top exchanges on our list, Kraken is located and based out of the US. Between its superior trading platform and customer support, Kraken provides a great balance of all features.
Before founding Kraken, Jesse Powell worked in the field of cybersecurity. This background has enabled Powell to establish one of the most secure and safe exchange platforms.
To maintain security within your account, Kraken offers a two-factor authentication code. Users can use a Global Settings Lock to protect from unknown-party modifications and a custom-built “Master Key” for restricted account activity.
Kraken has a dedicated team of experts that work to maintain security. The exchange has never been infiltrated by hackers, owing to the platform’s ongoing success.
Kraken features a simple dashboard design, complete with vibrant illustrations and a basic color palette that enhances the user experience.
Upon visiting the website, Kraken determines your level of experience and expertise. According to your level, the website directs you to a customized informative page.
Kraken is best suited for experienced traders and investors interested in OTC trading, margin trading, and automated trading.
The platform has received little negative criticism and continually works to improve the customer experience.
Based in New York, Gemini is a crypto exchange that became well known through its founders, Cameron and Tyler, or better known as the Winklevoss twins.
In 2008, the duo famously accused Facebook founder Mark Zuckerberg of stealing their idea for Facebook. The matter was ultimately taken to court and resulted in a $65 million legal settlement for the brothers.
This considerable sum was just enough for them to invest in cryptocurrency and start their own crypto exchange. In 2015, Gemini was officially launched.
Insured by the Federal Deposit Insurance Corporation, Gemini is a licensed and regulated exchange. By closely adhering to the DFS guidelines, the platform has established a reputation as one of the best crypto exchanges in the USA.
Users can purchase only the most high-ranking cryptocurrencies and deposit them through bank or wire transfers.
Gemini has received some negative feedback for occasionally going offline during high-traffic hours. While many think this is done purposely as a marketing strategy, these outages could be the result of overburdened servers.
Gemini works to effectively deal with these outages, showing their commitment to the security of their users.
Based in Israel, CoinMama is now one of the biggest global exchanges on the market, including in the USA. Compared to other crypto exchanges, CoinMama is framed a little bit differently by only offering you the option to buy cryptocurrencies, not sell or trade them.
By this definition, CoinMama is a buy-only crypto exchange. When purchasing cryptocurrencies, this platform paves the way to paying with credit and debit cards.
After purchasing a coin from CoinMama, users will immediately receive them in their digital wallets. However, it’s worth knowing that CoinMama doesn’t provide its own digital wallets, so you might want to look into finding a wallet online that best suits your investment needs.
CoinMama offers three different methods of account confirmation joined with a purchasing limit. If you’re looking to trade lower volumes, you can use any type of identification to set up an account. This option allows users a daily limit of $5,000.
This feature works especially well for people who are very aware of cybersecurity and reluctant to give away their personal information.
CoinMama does, however, include brokerage fees. These fees can amount up to 6%, which is considerably expensive once you factor in the 5% for purchase using a credit or debit card.
Founded in 2011, Bitstamp is another reliable and trusted crypto exchange platform. Initially headquartered out of Slovenia, Bitstamp was moved to Luxembourg in 2016. Since then, the Luxembourg-based platform has shifted its focus from the European market to offer its services all over the world.
In 2019, the New York State Department of Financial Services (DFS) granted Bitstamp a virtual currency license. For US customers, this move makes Bitstamp an even more reliable and convenient exchange.
For users who are only interested in cryptocurrency trading, Bitstamp requires personal information, such as your full name, email address, and country of residence.
On the other hand, if you’d like to join your Bitstamp account with your credit/debit card or bank account, you’ll need to provide government-issued identification.
While Bitstamp is one of the more reliable exchanges, it still succumbs to hacker attacks and scams. In 2015, hackers infiltrated the platform and stole more than 19,000 BTC from users’ accounts. Bitstamp has since worked to prevent similar attacks from happening by significantly improving its security methods.
While Changelly is technically a European exchange, it is still compatible with US currency. Based in Prague, Czech Republic, Changelly is one of the lesser-known (but still secure and reliable) decentralized cryptocurrency exchanges on the market.
One of the greatest features of Changelly is that it supports several cryptocurrencies and accepts users from any country.
While investors and traders are allowed to use any fiat currency, Changelly automatically converts them into the US or European currencies.
To sign up, use your email address to set up an account and start trading. Changelly doesn’t require users to provide additional personal information, which is great for people who value cybersecurity.
By partnering with other top crypto exchanges, Changelly works to find the best coin market price that also features an affordable service fee.
However, it’s worth noting that Changelly’s credit or debit card purchases result in fairly expensive processing and commission fees, so do your best to avoid them.
Additionally, Changelly sets a limit for your first few crypto purchases.
BTC Markets is another widely popular crypto exchange for Australians. Martin Bajalan founded this company in 2013, and the headquarters for BTC Markets is in Richmond, Victoria.
BTC Markets is the perfect exchange for those traders who are interested in buying and selling Bitcoin. Of course, other cryptocurrencies are available through the site, but traders interested in Bitcoin find this one of the best platforms to buy and sell it on.
The other cryptocurrencies you can exchange on BTC Markets are Bitcoin Cash, Litecoin, Ripple, Ether, and Ethereum Classic.
Currently, over 300,000 Australians are using BTC Markets to trade their digital assets. There have been over 14 billion dollars traded among these users, which is a hefty sum.
ShapeShift is a cryptocurrency exchange that has its headquarters in Switzerland. Joining ShapeShift give users access to over one hundred digital assets. Some of the currencies that you can buy and trade on ShapeShift are Golem, Bitcoin, Bitcoin Cash, Ether, Dash, and many, many more.
The most significant difference between ShapeShift and other exchanges is that most other crypto exchanges allow you to make deposits with your debit or credit card. With ShapeShift, you have to buy and sell with Bitcoin or with another cryptocurrency you already own.
While this may seem odd at first, this offers a different level of privacy that you can’t get with other exchanges on the market. It’s even more hassle-free than others. If this is a little confusing for you, they have customer support readily available to help you get started.
The majority of ShapeShift users use the platform to trade Bitcoin for Ether, but there are plenty of others to choose from.
Based in Seattle, Washington, Bittrex is an established American cryptocurrency exchange founded by a professional team of security engineers (those who worked for big corporate companies like Microsoft, Amazon, and Blackberry).
Bittrex is a practical platform for beginner investors in cryptocurrency. However, more experienced crypto traders can still take advantage of its features.
Customers also praise this platform for its extensive offer of crypto tokens and a large number of various charting tools.
In the past, Bittrex worked solely as a crypto-to-crypto exchange. But as of June 2019, the platform now enables fiat deposits for corporate and personal accounts that complete a KYC (Know Your Customer) check.
For those who are unaware, fiat money is a currency issued by the government that is not supported by a physical commodity (like gold or silver), but by the government that issued it.
Bittrex allows frequent bank transfers, debit cards, wire transfers, or SEPA (Single Euro Payments Area). Bittrex encouraged traders to use their own digital wallets for any currency they may own.
Additionally, the platform offers some of the most affordable trading fees on the market.
In the United States, cryptocurrencies are experiencing non-stop growth. In 2021, the cryptocurrency market was valued at USD 1.6 billion.
According to the research of Markets and Markets, the market size of cryptocurrency expects to increase to USD 2.2 billion by 2026, with a CAGR of 7.1 percent.
While investing in cryptocurrencies can seem overwhelming at first, it might end up being a risk you’re willing to take.
People frequently report scams when trading or investing in cryptocurrency, and the chances of you losing money are still considerable.
However, scams happen all the time, and nobody expects them to stop. Investing in cryptocurrency has never been a simple task. But today, advancing technology has allowed people to safely and more securely trade within the cryptocurrency market.
Safety and security is often the biggest concern for people looking to invest or trade with cryptocurrencies.
Whether you’re looking to purchase and trade quickly, purchase and hold long term, or simply want to invest in an exchange that’s easy to use, the following crypto exchanges are the best for any case.
Our list covers the top exchanges for each kind of trader. For those who might be intimidated, there are numerous ways to invest in cryptocurrencies.
Keep reading to learn more about the different types of exchanges, and how they can be beneficial to you.