11 Best Crypto Exchanges for the US Residents

What are the best crypto exchanges for the US residents? Over the years, cryptocurrencies have become mainstream and more and more people are investing in it or trading with different types of digital tokens.

For this, they all need a reliable platform to make their transactions.

As a result, a lot of crypto exchanges have also come up making the already long list of exchanges even longer.

However, not all of these crypto exchanges are accessible from all the different corners of the world.

Moreover, a lot of these new crypto exchanges are not reliable or efficient as well.

If you are a resident of the United States of America, you will find a lot of these crypto exchanges out there to buy digital assets.

But, if you are a beginner then it will not be possible to choose one because every one of them will seem to be the same to you.

This means that you will need to spend quite a lot of time on research to find a reliable crypto exchange and start trading with or investing in crypto.

Now, with so many different options available out there and each claiming to be better than the other, determining which crypto exchange will be best suited for your crypto trading and investing needs can be really intimidating.

That is why you should take a clue from articles like this one to keep things simple and make your choice quickly.

What are the Best Crypto Exchanges for the US Residents?

Best Crypto Exchanges for the US Residents

Just as the number of crypto coins and Altcoins has increased over the years, so has the number of crypto exchanges.

Choosing one of the most reliable and the best crypto exchanges is not a very simple matter.

Typically, there are lots of factors that you will need to consider while choosing a reliable crypto exchange.

A few of these determining factors are:

  • The fees charged
  • The deposit methods
  • The safety and security aspects
  • The ease of sign up and registration
  • The user interface usability
  • The security of the mobile app
  • The overall user experience
  • The trading options offered along with the trading pairs
  • The number of coins supported and most importantly
  • The overall customer support.

In addition to the above, there are also other important factors to consider such as the size of the exchange in terms of the number of active users and the daily trading volume.

And, yes, you should never forget the pros and cons of each.

It is a huge list and a tedious affair.

In order to save you from these hassles, here is a list of some of the best crypto exchanges that the people residing in the United States may find useful.

Remember, these are in no particular order.

All these crypto exchanges come with different traits that will be suitable for a varied type of crypto investors.

Follow this comparison guide and choose the one that best suits your needs, preference, and convenience when you buy, sell or trade Bitcoin and other types of crypto coins.

1. Coinbase – Best for the Beginners

Coinbase is considered to be one of the best crypto exchanges in the United States.

Having its headquarter in San Francisco, California, this crypto exchange is also the biggest crypto trading platform in the United States as of now in terms of total trading volume.

It was founded by Brian Armstrong and Fred Ehrsam in 2012 and it went public on NASDAQ on April 14, 2021 becoming one of the biggest IPOs.

This platform is supposed to have revolutionized the crypto space by offering the users a simple and easy yet reliable way to trade crypto coins safely and quickly.

As a result, this platform is favored by the individual crypto traders and investors as well as large corporations alike.

Anyone living in the United States can buy, sell, store or trade a variety of crypto coins on this platform such as Bitcoin, Ether, Litecoin, XRP, and Bitcoin Cash, just to name a few.

US dollar payments are supported by this American-based crypto platform.

One of the most satisfying facts about this particular crypto platform is that it is also considered to be one of the safest exchanges in the United States that has no reports of hacks or compromises of the crypto wallets or its security systems.

There has also been no loss of funds due to thefts and criminal activities.

Some of the notable features of this crypto exchange which is the best one for the beginners include and are not limited to:

Once your account is created and verified, you may choose a payment method to fund your wallet. Debit cards can be used for small investments and wire transfers for large investments.

You may also use bank account transfer but processing the transaction may take a couple of days.

One of the major benefits of this platform is that all the funds that are stored online are protected by an insurance policy.

However, the significant downside of this crypto platform is its fees, which typically starts from 0.5% for each transaction but reduces gradually with the increase in trading volume.

For a beginner or an investor with a low capital this fee can be quite high in comparison to other crypto exchanges.

The Trade Page of this platform will show you the different crypto coins that are listed on this exchange along with their market cap, current price, percentage change, and Buy option.

On the other hand, the Home Page shows your watch list and current portfolio and your watch list.

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You can also have a look at the recent transactions that you made.

This is a good platform for the beginners but for the advanced crypto traders, Coinbase Pro is more suitable.

The users here can watch the trade history and live orders to purchase, sell, and place trades.

Some of the positives of suing the Coinbase platform are:

  • Modern platform
  • Useful and easy to use mobile app
  • Publicly traded company
  • Low fee for trading
  • Very secure
  • Most major crypto coins are supported and more are being added
  • Supports different payment options such as ACH, PayPal, debit card, and wire transfer
  • Funds are available instantly once the account is created and verified.

As for its downsides, it includes:

  • Does not allow residents of Hawaii use this platform and
  • Not all crypto coins are supported.

2. FTX.US – Creator of the First Index Futures

FTX.US is also a good crypto derivatives exchange for the traders of the United States to use.

This is especially good for those traders who want to make the best use of the leverage while trading different digital currencies.

The unique aspect of this crypto platform is that it offers a diverse range of leveraged tokens and indices that separates it from its close competitors.

These tokens can be traded both in the options market and in the futures market.

A few benefits of using this crypto platform are:

  • It offers a professional user interface for mobile or desktop to help in trading
  • It offers a very high leverage on crypto trading pairs
  • Addition of new tokens and trading pairs on a regular basis
  • Leveraged tokens with up to 3x leverage to long or short with no margin and
  • Move Contracts that help to settle the absolute alteration in prices of crypto coins over time.

One of the most significant traits for which FTX is more widely known is that it is the crypto platform that created the first crypto index futures in the world.

This helps the users to make the most of the rise or fall of a specific index in the shape of a future contract.

You can trade these index futures from within the FTX platform directly.

3. eToro – User Friendly and Powerful

eToro is a user-friendly and powerful crypto trading platform that will suit the beginners.

It is quite simple to trade some of the major crypto coin pairs and Altcoins on this platform.

You can even use a virtual portfolio on this platform if you want to practice crypto trading and gain experience.

Buying crypto coins on this platform will however incur a spread charge.

This spread cost may vary from one digital asset to another as well as the rise or fall in the prices of the coins due to the market conditions.

The user interface of this platform is quite easy to use and is also quite intuitive.

You will get a lot of current information on crypto to keep up with the ever-changing crypto space through the crypto news and market research in real time.

The platform also offers an adequate number of sophisticated trading features and advanced risk management tools.

You can also connect to an active social network and copy the trading strategies of some of the most successful and prominent crypto traders in the community.

You will also be able to share your opinions, strategies and ideas with other traders or even mirror the performance of the most profitable crypto traders.

Beginners will find this platform to be extremely helpful since it allows using the copy trade filter system.

This will allow the users to discover the portfolio of an investor to copy which they feel suits their criteria.

These criteria can be risk tolerance, return on investment, the number of copiers and more.

You will also find it easy to limit your potential losses while using this platform when you use the option to put a stop loss level.

4. Kraken – One of the Oldest Crypto Exchanges

Kraken is another good crypto and Bitcoin exchange to use by the residents of the United States.

This was launched in 2011 and is located in San Francisco, California.

It has a reasonably high footfall, trading volume of spot markets, and liquidity.

This is one of the oldest crypto exchanges that you will find in the United States.

It offers an easy to use website and two mobile apps namely, Kraken and Kraken Pro.

This crypto exchange is licensed with FinCEN and is a regulated crypto exchange in the United States but is available only in 48 states only, barring New York and Washington states.

This particular crypto platform however does not allow the US residents to trade futures.

The platform allows trading a large number of crypto coins such as Bitcoin, Ether, XRP, Tether USDT, and Litecoin just to name a few.

In addition to that, you will also find some of the most popular DeFi tokens supported by this platform such as Compound, Kava, Kyber Network and others.

The platform allows the traders to use the advanced trading options offered by it as well as track their crypto portfolio with the automated portfolio monitor.

This will help a lot to know about the market conditions which will further help them in managing their portfolio accordingly.

All these can be done easily and quickly with a single interface.

The platform also supports staking those crypto coins that follow the Proof of Stake consensus algorithm.

This allows the users to delegate their coins so that they can make some passive income.

One of the most useful features of this crypto platform is the maker and taker system which charges a spot fee of 0.26% and 0.16% respectively.

In addition to that, the platform offers incentives on trading volumes and trading activity based on the past 30 days for all types of crypto pairs.

That is not all.

The platform also allows the traders to participate in the market and trade their coins with lower fees and even incentivizes them for providing liquidity to the platform by filling the order book by putting limit orders and conditional orders.

The platform is very good for beginners to use, especially those who want to get into buying or selling crypto quickly.

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When you use the Kraken app, you will be able to enjoy specific benefits such as:

  • An excellent service
  • A lot of handy tools
  • Low trading fees
  • Superior security standards
  • Flexible funding options

As for the Kraken Pro app, which is ideally designed for the advanced traders to use, offers these following benefits:

  • High security
  • High scalability
  • Advanced trading tools
  • Easy to use interface and
  • Deeper liquidity across all crypto markets.

Some of the advanced trading features offered by Kraken include:

  • Going long or short with up to 5x leverage with margin trading with eight different crypto coins
  • Opening and closing the positions in bulk with a couple of clicks
  • Placing advanced order types
  • Using conditional close parameters
  • Taking profit on any position or setting stop loss automatically
  • Setting start and expiry times to customize placing and cancelling of orders
  • Paying in crypto or fiat for each order with its custom fee payment option
  • Getting full history of all trades, positions, orders, deposits, and withdrawals
  • Viewing the past trades or presently open orders on the chart directly and
  • Viewing existing balances of each crypto asset in the quote currency preferred by the users.

Some of the most significant benefits of using Kraken include fees can be as low as 0% while offering a large number of coins to choose from and trade with.

Apart from that, you will get 24/7 global customer support from this exchange that is rated consistently as one of the most secure exchanges by the third parties.

5. Gemini – Most Safe and Secure

This exchange was founded by the twin brothers Cameron Winklevoss and Tyler Winklevoss.

This regulated crypto exchange is based in New York and is considered to be one of the safest and most secure exchanges for the residents of the United States to use.

Some of its notable security features are:

  • Cold wallet storage
  • Two Factor Authentication
  • Multi-signature withdrawal process
  • White listing addresses
  • Encryption and
  • Brute force login protection.

This is a legit crypto exchange that operates under the license of the New York State Department of Financial Services or NYSDFS.

The platform allows individual traders and institutions to buy, sell and store crypto coins as well as earn interest.

Apart from crypto trading, this advanced crypto trading platform offers a lot of varied services such as:

  • Custody service
  • Secure wallet
  • Trading crypto off the exchange and
  • Mobile trading app.

This trusted provider has partnered with some of the major companies in the world such as Samsung, Trading View, Nifty Gateway, and Brave.

Apart from the United States, this crypto platform also operates in about 50 other countries all over the world such as:

  • Canada
  • Hong Kong
  • South Korea
  • The United Kingdom and
  • Singapore, just to name a few.

While the upsides of using Gemini includes its availability in all 50 US states and insurance protection of the crypto assets from exchange hacks, its significant downside is its higher fees charged in comparison to other crypto exchanges.

6. Crypto.com – An All in One Platform

This is a premium crypto exchange that has millions of users all over the world.

This all-in-one platform allows the users in 49 states but not those who reside in New York to buy, sell, store, trade, earn, loan cash, spend, and even pay bills with crypto coins.

The platform provides deep liquidity through their own native digital token coin CRO which results in more competitive trading fees. You can trade crypto coins against stablecoins and fiat on this platform.

This platform comes with an easy to use mobile app with a highly intuitive user interface.

More and more users are attracted towards this platform which is very active on social media channels and makes promotional offers for a limited time on a regular basis. Some of these promotional offers are:

  • Reducing trading fees by half on all trades made by the current users of the exchange
  • Zero-fee crypto trading offers for 90 days for the new users
  • 2% additional interest rate on deposits made within the first 30 days
  • Buying Bitcoin with credit card for 0% fees and
  • Allowing sending crypto to Crypto.com app users without any fees instantly.

The platform supports a large number of crypto coins that users can choose and trade with.

This modern app is not only a crypto trading app but is also an NFT or Non-Fungible Token platform and has a VISA credit card.

The VISA card is connected to the crypto account. It offers 8% cash back and up to 14% interest on the crypto balance based on the stake.

In addition to that, it also offers a DiFi or Distributed Finance app wallet to make things simpler.

The DeFi wallet of the platform will allow you to earn interest in crypto as well as create your keys.

Apart from that, it also allows making DiFi Swaps and earns Triple Yield.

The benefits of using this crypto platform include additional income by staking their native token CRO and low fees.

In addition to that, this non-US based platform also offers several different ways to earn interest or crypto coins and also lets you convert money easily.

However, the customer service can be a bit of a concern if you are new and you will also find that all the crypto coins supported by the platform are not accessible in all states.

7. Binance.US – High Daily Trading Volume

Binance.US is a crypto exchange that arguably has the highest daily trading volume.

This shows the popularity of this exchange. Binance.US has been launched especially to serve the residents of the United States and have experienced meteoric rise after its launch.

Users can buy, sell, and trade crypto coins using US dollars on this particular crypto trading platform.

Run and managed by Binance, the top crypto exchange of the world, you can expect to have a similar kind of experience while using Binance.US such as low fees and cheapest rates to buy and sell crypto as compared to other exchanges.

However, the number of crypto coins supported by is quite limited as compared to other exchanges licensed to operate in the United States.

And, it is also not available in the US states of Connecticut, Louisiana, New York, Hawaii, Idaho, Texas, and Vermont.

There are some significant advantages and disadvantages of using Binance.US. As for the pros it includes:

  • Low trading fees of 0.1% for a minimum $10 trade and 0.5% for instant buying and selling of crypto coins
  • Highly secure
  • iOS and Android apps and
  • Trust wallet.
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As for the downsides, it includes:

  • It is not easy for the beginners and
  • Customer service is offered through email only.

However, the platform offers some easy to buy and sell options.

The user interface of this platform is easy to use and you can see the current buy and sell orders of the market on the screen.

8. CEX.IO – Easy to Use Interface

CEX.IO is another good crypto exchange which is also one of the oldest ones available in the world.

It has quite a large user base and it caters to all types of crypto investors.

This world-class crypto exchange comes with an easy to use interface which makes it an ideal platform to use by the beginners as well as the experienced investors alike.

This is a platform to go for if you plan to buy crypto coins instantly by using a credit card or a debit card.

You can also sell your coins right away and take out fiat profits to a MasterCard or a VISA card.

You can access this exchange through your desktop computer as well as via your smartphone since it supports both Android and iOS models.

9. Swan Bitcoin – Simplified Investment Experience

If you are a beginner in the crypto space and are looking to have a much simplified crypto investment experience then Swan Bitcoin is the platform that you should go with.

This platform is very easy to use and allows the users to Buy Bitcoin automatically with Dollar Cost Averaging or DCA.

When you create your account on this platform, you will be allowed to deposit the funds automatically.

This deposit can be as little as $10 and you can choose to make your deposits on a daily, weekly or monthly basis according to your convenience.

The most significant benefit of using Swan Bitcoin is that you will be able to build your position over time without any stress since the price factor will be taken out of the equation.

And, this platform seems to offer a much better customer service as compared to the other bigger exchanges.

10. Coinmama – Fast, Safe and Easy

Coinmama is a crypto exchange that will allow you to buy and sell digital coins in almost every country of this globe including the United States.

It is fast, safe and easy to use which is why it has such a large user base.

Established in 2013, this crypto exchange accepts multiple types of fiat currencies such as:

  • USD
  • EUR
  • AUD
  • CAD and
  • GBP.

You can buy crypto coins on this platform by using your VISA or MasterCard credit card or debit card.

Therefore, this platform offers the users a much faster and safer payment method.

However, there is one significant downside of this particular crypto exchange platform which is in the terms of its trading fees and the credit card charges, both of which are quite expensive as compared to other crypto exchanges.

11. Robinhood – Commission Free Trading

If you want to trade crypto but do not want to pay any commission for it whatsoever then Robinhood is the one you should go for.

This is one of the fastest growing crypto trading platforms though it may not be the largest one in the world.

This crypto platform was founded by Vladimir Tenev and Baiju Bhatt on April 18, 2013 and is headquartered in Menlo Park, California.

Down the lane, sometime in 2018, this platform allowed its users to trade crypto coins without charging any commissions from them.

However, back then it was available in a few states and with a limited number of crypto coins.

On this particular crypto exchange you can trade Bitcoin, other crypto coins, as well as stocks.

This trading platform is extremely popular especially among the young investors.

It is due to the fact that it offers commission free trading, as said earlier, and also comes with an easy to use interface.

However, the interface is not suitable for advanced traders, institutional investors, and crypto analysts.

Now, if you think about how this exchange sustains, it is primarily through the revenue it generates from margin lending, interest on cash balances of customers and by selling data to investors.

The mobile app of Robinhood will allow you to start trading crypto coins quickly which makes it a good platform for the beginners.

Some other significant benefits of using this platform are:

  • A more modern and easy to use app
  • No minimum amount requirement
  • Easy signup process and
  • Margin trading support.

On the other hand, the downsides of the platform include:

  • The wait time to access funds in the account for the first time
  • Supports on a handful of crypto coins
  • It takes time to get the money back and
  • Limited customer support.

So, those are some of the most popular and commonly used crypto exchanges in the US.

You can choose any one of them but make sure that you do visit the website of the company to check further details and gather more relevant and necessary information.

Even better, read the full reviews of the crypto exchange you want to go with from a neutral third party review website so that you get the real picture before you start your crypto journey.

Best of luck!


There are plenty of crypto exchanges in the United States to use to buy, sell, store or trade Bitcoin and other crypto coins.

You will need to make your choice based on your needs. This article, though does not promote any one, will be of great help when you do that.