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As the crypto market continues to gain momentum in the US, more people are likely to jump into crypto trading. However, the US has strict policies on cryptocurrencies and crypto exchange. So, it’s important to only use exchanges that are legally allowed to operate in the US, and comply with local laws. This article offers the best list of crypto exchanges in the USA.
Coinbase:The best US crypto exchange for beginners looking to hold, sell or trade crypto on a secure exchange
Gemini:Backed by FDIC insurance and USD balances, Gemini focuses on security and regulatory compliance
Kraken:US users can access advanced trading services such as futures and margin trading on Kraken
Binance US:Best affordable option for both beginners and experienced traders, Binance US offers low fees and access to a wide range of cryptocurrencies
eToro:Best exchange for US users interested in features such as copy trading and beginners
Robinhood:Robinhood offers US users commission-free trading and an easy-to-use app, making it a convenient choice for those who want to trade both stocks and cryptocurrencies in one place.
Bitstamp:Bitstamp has a good reputation of being secure and compliant with US laws.
Crypto.com:US users can access services such as crypto staking, multiple DeFi options and rewards via its visa card
Uphold:Provides an easy way for US users to trade crypto, stocks, and precious metals in one platform.
BYDFi:Best platform for US traders seeking flexibility and access to advanced features
The exchanges on this article were assessed and ranked based on key factors such as their features, fees, regulatory status and services available. Whether you are a new or experienced user, there’s an exchange that caters to your needs on this list.
Coinbase is the biggest crypto exchange in the US and is available in 50 states. So, anyone within the US can trade cryptocurrencies on this platform. Asides being one of the top crypto exchanges for beginners, Coinbase is also one of the most popular exchanges and the safest crypto exchange in the USA. The crypto exchange complies with U.S. laws, including anti-money laundering (AML) and know-your-customer (KYC) regulations.
In terms of trading, Coinbase provides access to top services that cater to both beginners and experienced users. This includes the Coinbase Wallet which is non-custodial, meaning you have to keep your details safe yourself. Coinbase also supports staking, advanced trading for expert users, and several earning opportunities.
Furthermore, Coinbase offers an extensive list of cryptocurrencies for US users, this includes popular coins like Bitcoin, Ethereum, Solana, and Litecoin. You can also gain access to lesser-known altcoins on the platform. Plus, Coinbase only lists projects that have gone through intense scrutiny. So, there’s the added benefit of trading mostly legitimate coins. Fees aren’t complete. You pay less as a maker than you’d pay as a taker. The exchange also uses a tier-based structure, which means users transacting larger volumes pay less in fees. Finally, Coinbase is one of the most secure US exchanges. It uses advanced security features such as 2-factor authentication and undergoes constant security audits.
Fees (maker/taker) | 0.40%/0.60% for trade volumes of $10,000 or less |
Coins listed | 235 |
Thinking of what crypto exchanges are legal in the US? Gemini certainly tops that list. Gemini is licensed by the New York State Department of Financial Services (NYSDFS). This ensures it operates with transparency and security. Gemini is one of the largest crypto exchanges and consistently ranks highly on crypto evaluator platforms CoinGecko, and CoinMarketCap.
Gemini is also available in all 50 US states, meaning there’s wide coverage for US residents. The exchange supports over 70 cryptocurrencies, which is lower compared to competitors like Coinbase. However, there are other perks to using this exchange. For example, Gemini is one of the most secure US exchanges. As part of its commitment to security, Gemini became the first crypto exchange to get SOC 2 certification. This certification comes from third-party auditors and evaluates a company’s security and compliance standards.
In addition, Gemini offers a smooth trading experience as it is both available on mobile and web. Gemini’s buy and sell page is pretty helpful for beginners as well as its support page will offer relevant tools for users. The crypto exchange also caters to experienced users with its ActiveTrader platform which provides charting tools as well as multiple order types.
Fees | Taker: 0.10% – 0.25% Maker: 0.0% – 0.25% |
Coins listed | 72 |
Kraken is one of the oldest crypto exchanges and one of the top low-fee cryptocurrency exchanges for US users. Tiered fee structure is usually within 0% to 0.26%, which is pretty low. In terms of its legal status, Kraken is well regulated in the US. Although the exchange has had troubles with the US Securities and Exchange Commission (SEC), there are no doubts about its legitimacy to operate in the US. However, this led to the exchange withdrawing staking services for US users.
So, what makes Kraken one of the top US cryptocurrency exchanges? First, it offers an extensive coverage of cryptocurrencies. Think of the popular names like Bitcoin, Ethereum, BNB, ADA, etc. Kraken is a good place to discover lesser known altcoins at good rates. Kraken also caters to both beginners and advanced traders. Newer users can leverage the exchange’s friendly interface and extensive resources to get around crypto while advanced traders can access top features such as margin trading. Interestingly, Kraken is one of the best futures exchanges for 2025, allowing users to access up to 50x leverage.
Kraken is also strong on security. For starters, the exchange complies with US recommendations on AML and KYC protocols. It also implements two-factor authentication, advanced encryption, and stores the majority of funds in cold storage.
Fees |
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Coins listed | 281 |
Binance US makes sense for budget-conscious users as it offers one of the lowest fees in the US. Fees on the exchange is around 0.1%, which is significantly low and reasonable for those wanting to spend less on maker fees and maximize their profits. Binance.US is an affiliate of the Binance Global platform. Both platforms are similar in terms of their services but differ in operation. For example, Binance.US supports over 150 cryptocurrencies, and OTC trading as well as staking services. There are around 20 coins available for staking on the platform, including ethereum, BNB, etc. However, only users who have completed basic verification can access the exchange’s staking services.
The Binance.US platform isn’t lacking in security. The exchange ranks as one of the most secure exchanges for US users, implementing measures such as 2FA, real-time monitoring, secure offline storage for the bulk of its assets, safe sign-in, and others. In addition, the Binance.US platform is also easy-to-use, and has one of the best mobile apps in the industry.
It is important to note that Binance.US has faced regulatory concerns in the US, with authorities claiming the exchange was operated by former Binance CEO, Changpeng Zhao. The exchange however reached an agreement with authorities. Overall, Binance.US has a legal presence in the United States. The exchange is registered as a Money Services Business with FinCEN.
Fees | 0.1% trading fee |
Coins listed | 155 |
eToro is one of the top US exchanges and one of the best copy trading platforms in the market. Copy trading is a feature that allows users to copy the trading strategies of other experienced users. eToro has an intuitive interface, making it a good fit for beginners. Asides its crypto offerings, eToro allows users to invest in ETFs, stocks, and other securities, making a good platform for people interested in multiple forms of trading.
eToro is well regulated in the US. The exchange complies with all SEC and FINRA regulations. In terms of its availability, the exchange is accessible across all US states except Nevada and New York. How much cryptocurrencies does eToro support? Around 30 cryptocurrencies for U.S. citizens along with traditional investments. This figure pales in comparison to other top exchanges like Binance.US, Kraken, Gemini, and Coinbase. However, the exchange makes up for this with its simple fee structure of 1%.
The exchange does not offer much advanced features as it is mostly focused on simplicity which appeals to beginners. However, experienced traders can access crypto CFDs and crypto staking. In addition, eToro emphasizes on robust security protocols. Some of the measures include multi-factor authentication for accounts, SMS verifications, etc.
Fees | 0.1% trade, 1%buy/sell |
Coins listed | 30+ |
Robinhood is one of the best US crypto exchanges. The platform was originally a stock trading app but expanded to include cryptocurrencies in 2018. Since then, millions of users leverage this platform to buy and sell cryptocurrencies. For US users, Robinhood offers around 35 cryptocurrencies, including the popular options like Bitcoin. This is poor coverage, but considering that cryptocurrencies are not its primary focus, we can say it is fair.
Robinhood’s biggest appeal is its commission-free trading. This simply means the exchange allows users to buy and trade stocks and cryptocurrencies without paying fees, allowing them to maximize their profits. This feature comes in handy for those who trade frequently or in small amounts. With no fees eating into their gains, Robinhood allows users to focus on building their portfolios.
Robinhood is also available in every US state. The exchange is well-regulated in the US, and is a member of the Securities Investor Protection Corp. (SIPC), and regulated by the SEC. Robinhood also has extra financial protection for each customer up to certain amounts for securities and cash. Furthermore, creating an account is a breeze on the platform. Users have to complete mandatory KYC checks to be eligible.
Fees | No fees on trades |
Coins listed | 35+ |
Bitstamp is one of the top Bitcoin exchanges in the USA. The platform is available in all 50 US states and supports around 90 cryptocurrencies for trading. Bitstamp is available on both desktop and mobile. It also has a pro version for advanced crypto trades. However, the exchange is designed to cater mostly to beginners. So, we recommend platforms like Coinbase, Binance.US, and Gemini for advanced users.
Some of Bitstamp’s appeal for US investors include advanced security measures, dependable order processing, and real-time market data. The crypto exchange also offers added features such as crime insurance, and cold storage for assets. In addition, Bitstamp adheres to fiduciary standards, meaning it prioritizes its clients’ interests above its own. The exchange has impressive customer support. However, Bitstamp has some drawbacks. For example, it does not support staking or lending options for US users. It also does not offer other asset types such as ETFs.
Fees | 0.10% – 0.25% |
Coins listed | 90 |
Crypto.com is one of the best exchanges for day trading, and a good choice for users within the US. The exchange supports over 350 cryptocurrencies and offers a decent fee structure. Crypto.com has a growing presence in the US. The exchange already sponsored the SuperBowl and signed a couple of US stars as its ambassadors. In terms of its legal status, Crypto.com is licensed by FinCEN in the United States for AML compliance. The exchange’s app is also available in 49 US states.
Crypto.com offers a suite of services to its US users including NFT, staking, VISA cards and an earn product. It also offers its own credit card and crypto wallet service. There are lots of ways to earn money on this exchange. As already mentioned, the platform supports staking, and users can also hold their assets in their wallets to earn up to 14% interest. However, we only recommend staking to experienced users.
Fees | 0.75% maker. 0.75% taker |
Coins listed | 372 |
Uphold is a multi-asset exchange,meaning you can access cryptocurrencies, national currencies and precious metals on the platform. The exchange is one of the top crypto exchanges in the USA as it provides access to over 200 cryptocurrencies. There are lots of good features on the exchange including commodity trading, and anything-to-anything trading. Uphold also provides a good selection of third-party integrations.
Uphold is a great option for crypto traders looking to explore newer coins and engage in asset-to-asset trading. However, the exchange isn’t a great fit for advanced traders as it lacks advanced charting tools and tends to have higher additional fees compared to other platforms.
Fees | Spread fees range from 0.25% to 2.95% |
Coins listed | 250 |
The last on our list in the USA is BYDFi. The exchange to US users, allowing them trade over 200 cryptocurrencies. Fees are also pretty decent on the exchange, ranging from 0.1% to 0.3%. BYDFi complies with US regulations, making it a good option for users interested in a regulated platform.
BYDFi offers both classic and advanced interfaces, making it ideal for both beginners and experienced users. The exchange supports both debit and credit cards as well as copy trading services. We recommend BYDFi as one of the best crypto exchanges in 2024 for less advanced traders. However, exchanges like Coinbase might be preferable for more experienced users.
Fees | 0.1% to 0.3% |
Coins listed | 235 |
There are lots of factors to consider before choosing an exchange in the US. Here are a few:
It’s important to ensure the exchange of interest complies with both federal and state regulations. Exchanges that comply with U.S. laws, like anti-money laundering and know-your-customer requirements, provide a safer environment for trading. This compliance also reduces the risk of legal issues. US regulators like the SEC, CFTC, and even the Department of Justice (DOJ) have launched enforcement actions against a couple of crypto platforms. It’s important to only use exchanges that comply with US policies.
Fees should play a huge role in deciding what exchange you use. For frequent traders, it is important to use an exchange with a transparent fee structure. This includes competitive trading fees, withdrawal fees and any extra charges. Using platforms with lower fees would help you keep most of your profits. Platforms like Binance.US offer some of the best rates.
Many crypto exchanges are constantly facing attacks from hackers and other bad players. So, it’s important to use a platform with strong security measures. Some of the security strategies we’d recommend include 2 factor authentication, cold storage, and encryption. Some platforms offer insurance against attacks. That’s an added benefit. It’s important to study a platform’s security track record before using it.
If you are interested in diversifying your portfolio, you’ll need a platform like Kraken, or Coinbase. Platforms like Gemini, and eToro mostly support the major cryptocurrencies like Bitcoin and Ethereum, and that might not cater to traders with more extensive needs. Using a platform with wide coverage also enables you to access newer cryptocurrencies with potential to explode. Coinbase is a good platform to discover upcoming launches.
It’s important to use an exchange you are familiar with. Most exchanges are designed for the more experienced. So, newbies might struggle navigating such exchanges. A simple, intuitive layout can make trading easier and reduce the learning curve. Consider whether the exchange offers mobile apps, educational resources, and responsive customer support for added convenience.
Identifying the best crypto exchanges in USA would depend on the trader’s priority. For example, users seeking a platform with a user-friendly interface, wide range of crypto assets and strong regulatory compliance prefer Coinbase. In addition, Coinbase is the biggest US exchange by market volume. It is also ideal for beginners since it has a simple design and extensive educational resources. Coinbase is also available in almost all US states, making it a trusted option for US users. However, fees on Coinbase can be higher compared to other exchanges, which can be a concern for frequent traders.
A suitable Coinbase alternative is Kraken, especially for advanced traders. Kraken supports a wide range of cryptocurrencies, and features such as futures options, margin trading. It also has a reputation of being secure and offering lower fees. It makes sense to use Kraken if you’re seeking a platform with sophisticated trading tools and cheaper fees. Ultimately, the best US exchange would depend on your needs.
Yes, crypto trading is legal in the US. However, it is subject to both federal and state laws. The US does not recognize crypto as legal tender but supports its trading activities. However, crypto exchanges are required to comply with US laws including AML and KYC requirements. In addition, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are two key regulatory bodies overseeing the US crypto market.
The SE%20technology%2C%C regulates cryptocurrencies deemed “securities” while the CFTC oversees those it classifies as commodities. It’s also important to note that US states have their individual policies on digital assets. Some states have a more relaxed approach to cryptocurrencies while others require exchanges to secure specific licenses to operate. For example. Crypto regulation in New York is pretty tight. The New York State Department of Financial Services (NYDFS) requires a BitLicense for crypto exchanges operating in the state.
The US Internal Revenue Service (IRS) taxes cryptocurrencies as property rather than currency. It simply means that capital gains taxes apply to any profit made from trading or selling crypto. US laws require users to report any capital gains or losses on their tax return when they sell, trade, or use cryptocurrency. A US resident who gets Bitcoin at $10,000 and sells it later for $15,000, owes the IRS on the $5,000 gain. The IRS could impose penalties on individuals who fail to report their crypto gains.
Furthermore, the US taxes crypto income from mining or as a payment method for services. It taxes this earning as ordinary income based on the fair market value at the time you received it. So, it’s important for US residents to keep track of their crypto transactions and also use a tax professional for better guidelines.
In conclusion, there are lots of factors to consider when selecting the best crypto exchange in the US. It should be a fair balance between regulatory compliance, fees, security, available cryptocurrencies, user interface and features. Many exchanges like Kraken and Coinbase cater to both advanced and newer users. However, platforms like Binance and BYDFi are good options for people interested in spending less on fees. By evaluating these factors, you can easily select an exchange that suits your needs and experience level.
Yes, KuCoin is available in the US, but only the limited version. The exchange has not secured proper licensing and verification. So, there’s a lot of restrictions and limitations to what US residents can access.
No, MEXC is restricted in the United States and other countries such as Cuba, North Korea, Iran, Singapore, and Venezuela.
Gemini is a good choice for users seeking an exchange with strong regulatory status. The exchange is available in all 50 US states and is licensed by the New York State Department of Financial Services (NYSDFS).
Coinbase offers the most secure and easy-to-use app in the US. The Coinbase app is easy for both new and experienced users to navigate.
DAILY NEWSLETTER
Your daily dose of Crypto news, Prices & other updates..