Michelle Legge
By Michelle Legge • Head of Crypto Tax Education
Updated Mar 28, 2024
This article has been fact checked and reviewed as per our editorial policy.

Best US Crypto Exchanges in April 2024

Wondering what's the best crypto exchange to use in 2024? We've done the research with a roundup of US crypto exchanges known for security, low fees, and features.

Best USA Crypto Exchanges 2024

*Fees and cryptocurrencies available subject to change. Updated April 2024.

ExchangeCryptocurrencies available*Fees*Payment methodKYC?
Coinbase2350% - 3.99% depending on transactionTransfer, Card, PayPalYes
Binance US1580% - 0.6% depending on transactionTransfer, CardYes
Kraken2310.16% - 5% depending on transactionTransfer, CardYes
Gemini730.5% - 3.49% depending on transactionTransfer, CardYes
Crypto.com3130% - 2.99% depending on transactionTransfer, Card, Crypto.com PayYes
Bitstamp820.00% to 27% depending on transactionTransfer, CardYes
bitFlyer USA110.03% - 0.1% depending on transactionTransferYes
eToro851% - 2% depending on transactionTransfer, Card, PayPalYes
Robinhood25No feesTransfer, CardYes

Learn how we picked the best crypto exchanges.

Coinbase

Coinbase has grown to be one of the top crypto exchanges in the world, with more than 98 million verified users trading more than 200 supported cryptocurrencies. Coinbase's popularity is down to its flexible minimum deposit options, user-friendly interface, 3 Coinbase mobile apps, competitive trading fees, and a range of products for every investor level. But perhaps most importantly, Coinbase has never suffered from a major cryptocurrency hack and has a strong security record. In addition to protecting user funds, Coinbase actively prevents users from sending cryptocurrency to known scam addresses, providing newer traders with an extra layer of protection. Fiat assets held on Coinbase are FDIC-insured, which means fiat currency deposited on the Coinbase platform by United States residents is insured up to a maximum of $250,000.

Coinbase Koinly

Coinbase Exchange FAQs

How many cryptocurrencies are on Coinbase?
Does Coinbase have a mobile app?
What are the fees on Coinbase?
Are there any deposit and withdrawal limits on Coinbase?
Does Coinbase have KYC?

Binance US

Searching for the best crypto exchanges? Binance US is one one the top crypto exchanges. Binance US - an affiliate of the parent crypto exchange Binance, launched in 2019 as a dedicated US platform after the parent company withdrew services from the US due to regulatory and operational issues. Like its parent company, Binance US offers more than 150 cryptocurrencies to buy, sell, and trade, as well as OTC trading and staking for those looking to earn. As well as this, Binance offers strong security features like 2FA, secure offline storage for the majority of assets, real-time monitoring, and additional features like safe sign-in and advanced access control.

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Binance US FAQs

How many cryptocurrencies are on Binance US?
Does Binance US have a mobile app?
What fees will I pay on Binance US?
Are there any deposit and withdrawal limits on Binance US?
Does Binance US have KYC?

Kraken

Kraken has gained popularity since launching in 2011, thanks to its transparent team. The CEO has often echoed the popular phrase, “Not your keys, not your crypto,” and actively encourages self-custody, which has helped the platform grow to more than 6 million users who are trading over 200 different coins and making it one of the top crypto exchanges. The platform offers more than 200 cryptocurrencies to buy, sell, and trade. Previously, customers could stake using Kraken, but unfortunately due to the unclear regulatory environment, Kraken has withdrawn these services for US customers. Although the platform encourages self-custody, the exchange has a strong focus on security and Kraken security labs are fully dedicated to protecting user assets. They actively test third-party products and services, work to fix security flaws, and have an extensive bug bounty program for white-hat hackers. They keep 95% of assets in an off-line, air-gapped, cold storage and include 2FA, master key, PGP encryption, and global setting lock as part of their security protocols.

Kraken Koinly

Kraken FAQs

How many cryptocurrencies are on Kraken?
Does Kraken have a mobile app?
What fees will I pay on Kraken?
Are there any deposit and withdrawal limits on Kraken?
Does Kraken have KYC?

Gemini

Founded in 2014, Gemini is one of the 10 top crypto exchanges in the US with a security-first mentality. They are the world's first SOC 1 Type 2 and SOC Type 2 certified exchange and custodian. The exchange currently has more than 13 million active users buying, selling, and trading more than 70 cryptocurrencies and the platform offers staking and NFTs in addition to this. While the security focus made Gemini a popular choice for investors, it's worth noting that Gemini did not escape the crypto winter unscathed as the Gemini Earn product, offered by Genesis, was halted abruptly following a bankruptcy filing by Genesis. Proceedings are still underway and Gemini has made a claim to attempt to ensure funds are returned.

Gemini Koinly

Gemini FAQs

How many cryptocurrencies are on Gemini?
Does Gemini have a mobile app?
What fees will I pay on Gemini?
Are there any deposit and withdrawal limits on Gemini?
Does Gemini have KYC?

Crypto.com

Crypto.com is a well-established exchange that has been servicing the European market since 2018. Back in 2022, the exchange began rolling out its service to US investors - since then it's sponsored the SuperBowl and more. The highly compliant platform offers more than 300 cryptocurrencies to buy, sell, and trade, as well as NFTs, staking, VISA cards, and even a crypto options product. Security should be a top concern for any investor researching the best crypto exchanges, and fortunately, Crypto.com boasts very strong security measures, with all deposits being screened for compliance and a dedicated team to monitor transactions, as well as MFA for accounts including passwords, biometrics, email, SMS, and OTP authentication.

Crypto.com Koinly

Crypto.com FAQs

How many cryptocurrencies are on Crypto.com?
Does Crypto.com have a mobile app?
What fees will I pay on Crypto.com?
Are there any deposit and withdrawal limits on Crypto.com?
Does Crypto.com have KYC?

Bitstamp

Bitstamp is a well-established exchange founded in 2011 and was one of the first to be registered by BitLicense in NY. The popularity of the exchange has grown thanks mainly to the straightforward and relatively low fee structure, meaning that they have become one of the top crypto exchanges for US investors, particularly in New York where many other exchanges do not operate. Bitstamp offers more than 80 cryptocurrencies to buy, sell, and trade on desktop and mobile, as well as a pro platform for more experienced traders who want more data available at their fingertips. Bitstamp has strong security measures for accounts, including 2FA, multi-sig hot wallets, and email confirmation for withdrawals.

Bitstamp Koinly

Bitstamp FAQs

What cryptocurrencies can you buy on Bitstamp?
Does Bitstamp have a mobile app?
What fees will I pay on Bitstamp?
Does Bitstamp have a withdrawal limit or a deposit minimum?
Does Bitstamp have KYC?

bitFlyer USA

bitFlyer was launched in 2014, and in 2016, added bitFlyer USA. Today, the exchange boasts over 2 million users. While bitFlyer has a relatively small portfolio of just 11 coins on offer, the exchange boasts strong security measures on a platform and account level, with segregated hot and cold storage, multi-sig, login confirmations, and automatic time outs. The exchange also conducts regular hacking prevention exercises to ensure the exchange remains secure as threats develop and evolve.

bitFlyer USA

bitFlyer USA FAQs

What coins can I buy on bitFlyer USA?
Does bitFlyer USA have a mobile app?
What fees will I pay on bitFlyer USA?
Are there any deposit and withdrawal limits on bitFlyer USA?
Does bitFlyer USA have KYC?

eToro

eToro is a renowned global trading platform that has been offering a diverse range of financial investments since 2007 and eToro has expanded its services to US investors. eToro not only offers more traditional investments including stocks, indices, commodities, currencies, ETFs, and crypto. When it comes to crypto, eToro offers 85 cryptocurrencies to buy, sell, and trade, with a simple 1% fee structure. As well as this, eToro offers crypto CFDs and crypto staking for those looking for alternative investments. The platform has stringent security measures, offering multi-factor authentication for accounts, incorporating passwords, email, and SMS verifications. Additionally, eToro is regulated by top-tier authorities like the FCA, CySEC, and ASIC, ensuring that they meet the highest standards of operation.

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eToro FAQs

How many cryptocurrencies are on eToro?
Does eToro have a mobile app?
What fees will I pay on eToro?
Are there any deposit and withdrawal limits on eToro?
Does eToro have KYC?

Robinhood

Robinhood is a popular stock trading app that expanded its services to include cryptocurrency trading in early 2018, and Robinhood is available to customers in the majority of U.S. states. As well as offering traditional investment options like stocks, ETFs, and options, Robinhood also offers cryptocurrencies. The exchange offers 25 cryptocurrencies to buy, sell, and trade, which compared to other exchanges may seem rather modest, but it also offers commission-free trading for crypto. This is because the company gets the vast majority of revenue from transaction-based revenues, including payments for order flow. If you're worried about security, Robinhood uses cutting-edge security features to protect investor assets and personal information. The platform is also highly compliant and regulated by the SEC, meaning it adheres to strict operational standards.

Robinhood FAQs

How many cryptocurrencies are on Robinhood?
Does Robinhood have a mobile app?
What fees will I pay on Robinhood?
Are there any deposit and withdrawal limits on Robinhood?
Does Robinhood have KYC?

Read next: What are the best decentralized crypto exchanges?

How to choose a US crypto exchange

Picking a crypto exchange isn't easy - there are some important factors you need to consider. Here are the criteria we used to select our list of best crypto exchanges in the USA:

  • Security: Ensuring the safety and security of your crypto assets is paramount. Therefore, prioritizing the security measures of your chosen exchange is crucial. We have exclusively featured exchanges that boast robust security protocols, encompassing both platform-wide and account-level safeguards.

  • Reputation: In the ever-evolving crypto market, reputation holds significant value, especially given the presence of numerous questionable projects and platforms. That's why we have curated a selection of crypto exchanges with a solid reputation and a proven track record within the global and Indian crypto communities.

  • Available cryptocurrencies: It's imperative that your chosen exchange offers the cryptocurrencies you intend to invest in. While some platforms focus solely on major cryptocurrencies like Bitcoin and Ethereum, the exchanges on our list provide a diverse range of digital assets for your selection.

  • Liquidity: The recent bear market exposed vulnerabilities in various exchanges and platforms, leading to financial instability. Liquidity plays a pivotal role in safeguarding your investments and facilitating swift, low-slippage trades. The exchanges we recommend feature high liquidity to shield you from potential disruptions.

  • User Interface: Cryptocurrency exchanges have evolved to accommodate users of all experience levels, from beginners to seasoned traders. Our list includes exchanges suitable for every proficiency level, including those with mobile applications for convenient on-the-go trading.

  • Fees: Fees are an inevitable aspect of crypto trading. While most exchanges charge average fees, significant variations exist. We have conducted a comprehensive fee structure analysis for each exchange to assist you in identifying the most suitable option for your needs.


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FAQs

More questions? We have you covered.

What crypto exchanges are available in the US?

Some of the largest crypto exchanges available in the US include:

  • Coinbase

  • Binance US

  • Kraken

  • Gemini

  • Crypto.com

  • Bitstamp

  • bitFlyer USA

  • eToro

  • Robinhood

What is the safest crypto exchange?

Cer.live is a crypto security data aggregator that looks at a variety of factors and security features for crypto exchanges and scores a rating between triple-A and D. The majority of the exchanges featured in our list are triple-A rated exchanges, including Coinbase, Binance, Crypto.com, and Kraken.

Why are many crypto exchanges not available in the United States? 

The regulatory environment for crypto exchanges in the USA is complicated and most exchanges are unable to meet the requirements at a federal and state level. As such, many exchanges choose not to operate in the US to avoid penalties.

Read next: What are the best no KYC crypto exchanges?

Disclaimer
The information on this website is for general information only. It should not be taken as constituting professional advice from Koinly. Koinly is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. Koinly is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.
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