Best US Crypto Exchanges in October 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 supporting USD, security, low fees, and features.
Best USA Crypto Exchanges 2024
| Exchange | Cryptocurrencies available* | Fees* | Payment method | KYC? |
|---|---|---|---|---|
| Coinbase | 235 | 0% - 3.99% depending on transaction | Transfer, Card, PayPal | Yes |
| Binance US | 158 | 0% - 0.6% depending on transaction | Transfer, Card | Yes |
| Kraken | 231 | 0.16% - 5% depending on transaction | Transfer, Card | Yes |
| Gemini | 73 | 0.5% - 3.49% depending on transaction | Transfer, Card | Yes |
| Crypto.com | 313 | 0% - 2.99% depending on transaction | Transfer, Card, Crypto.com Pay | Yes |
| Bitstamp | 82 | 0.00% to 27% depending on transaction | Transfer, Card | Yes |
| bitFlyer USA | 11 | 0.03% - 0.1% depending on transaction | Transfer | Yes |
| eToro | 85 | 1% - 2% depending on transaction | Transfer, Card, PayPal | Yes |
| Robinhood | 25 | No fees | Transfer, Card | Yes |
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 Exchange FAQs
How many cryptocurrencies are on Coinbase?
If you’re searching for the best US crypto exchange, Coinbase lists more than 200 coins - with everything from popular cryptocurrencies like BTC, ETH and USDT to meme coins like SHIB, gaming currencies like MANA, and utility tokens like UNI.
Does Coinbase have a mobile app?
Being one of the best crypto exchanges, Coinbase has a mobile app for Coinbase exchange, Coinbase Pro, and Coinbase Wallet.
What are the fees on Coinbase?
You'll pay tiered transaction fees (taker and maker fees) when you trade on Coinbase of between 0.05% and 0.60%, and potentially deposit and withdrawal fees if you're not using ACH. Other transactions on the platform will have additional fees.
Are there any deposit and withdrawal limits on Coinbase?
Crypto deposits are unlimited, while fiat deposits may be limited depending on your payment method. Withdrawals of crypto and fiat currency are limited to $100,000 a day.
Does Coinbase have KYC?
Yes. Many crypto exchanges like Coinbase have KYC to comply with regulations - if you don't complete identity verification on Coinbase, your account will be restricted. You'll need to fill out a variety of personal information and provide a photo ID document - like a driver's license or passport.
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.
Binance US FAQs
How many cryptocurrencies are on Binance US?
158 - all major coins plus thousands of tokens are supported on BNB & Trust Wallet for DeFi.
Does Binance US have a mobile app?
Yes, Binance US on mobile plus Trust Wallet browser extension and mobile app.
What fees will I pay on Binance US?
You'll pay maker/taker trading fees on Binance US for spot trades, and specific fees for other transactions. The fee tier schedule is based on your monthly trade volume, percentages get lower the more you trade. Fees vary between 0.0190% to 0.5700%, although there are some pairs with 0% trading fees. Staking transactions on Binance are subject to a service fee of between 20% to 35% depending on the crypto you've staked.
Are there any deposit and withdrawal limits on Binance US?
Yes, there are some deposit and withdrawal limits and fees for Binance US users although it depends on your account level and payment method. For most accounts, the deposit and withdrawal limit is up to $5,000 each day for ACH.
Does Binance US have KYC?
Yes. Binance US requires a Photo ID, address, name, and some other personal information before you can start trading.
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 FAQs
How many cryptocurrencies are on Kraken?
Kraken currently offers 231 coins to be traded.
Does Kraken have a mobile app?
Yes, it is available on the Apple app store and Google Play. They previously had the futures app but discontinued it in 2022.
What fees will I pay on Kraken?
Kraken has opted for a tier fee structure between 0% and 0.16% for makers and 0.10% to 0.26% for takers. This is based on monthly trading volume in USD. A 0.9% fee for purchasing any stablecoins, a 1.5% fee for any other crypto purchase, plus a transaction fee of up to 3.75% depending on the payment method.
Are there any deposit and withdrawal limits on Kraken?
Your tier and payment method dictate your withdrawal and deposit limits, with daily limits of as much as $9,000 for deposits for an express account and up to $10,000,000 for the pro account.
Does Kraken have KYC?
Yes - however various levels of KYC are available, including starter, express, intermediate, and pro. Only the intermediate and pro levels require extensive supporting documents.
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 FAQs
How many cryptocurrencies are on Gemini?
Gemini has 73 different coins available to trade on their platform, as well an NFT marketplace.
Does Gemini have a mobile app?
Yes. The Gemini app is available for download on the Apple App Store, Google Play, and the Galaxy Store.
What fees will I pay on Gemini?
Gemini fees depend on the transaction you're making, but for trades you'll pay a tiered maker/taker fee between 0% to 0.40% depending on your 30-day trading volume. As well as this, Gemini charges a convenience fee of up to 1.49%.
Are there any deposit and withdrawal limits on Gemini?
Yes. There are deposit and withdrawal limits in place for Gemini users, which are determined by your payment method, although some methods have no limits in place. For ACH deposits you're limited to $5,000 daily and $100,000 daily for withdrawals.
Does Gemini have KYC?
Yes. As is required by finance industry regulators, US residents need to supply a valid driver's license or passport to open a Gemini account.
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 FAQs
How many cryptocurrencies are on Crypto.com?
There are currently more than 300 different coins available to trade on Crypto.com, as well as NFTs.
Does Crypto.com have a mobile app?
Yes, it's available for both iOS and Android.
What fees will I pay on Crypto.com?
Fees vary depending on your 30-day trading volume with a maximum maker/taker fee of 0.0750%. There are 0% fees available for large trades and discounts available for CRO holders.
Are there any deposit and withdrawal limits on Crypto.com?
Depending on your payment method and fiat currency, the deposit limit usually sits at around $20, while the withdrawal limit for USD is up to $100,000 daily depending on your withdrawal method.
Does Crypto.com have KYC?
Yes, to open a Crypto.com account you'll need to submit your personal information and a valid photo ID.
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 FAQs
What cryptocurrencies can you buy on Bitstamp?
Bitstamp currently offers 82 cryptocurrencies to buy, sell, and trade.
Does Bitstamp have a mobile app?
Yes, the Bitstamp app is available for both iOS and Android.
What fees will I pay on Bitstamp?
Bitstamp has adopted a tiered fee structure that is based on your 30-day trading volumes. At most, you can expect to pay around 0.5% for transactions under $10,000, while whales with high trading volumes may pay as little as 0%.
Does Bitstamp have a withdrawal limit or a deposit minimum?
Withdrawals via ACH are limited to $50,000 per transaction on Bitstamp and there's a minimum order limit of $10.
Does Bitstamp have KYC?
Yes. Bitstamp uses KYC. They also need a photo ID as part of their KYC policy.
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 FAQs
What coins can I buy on bitFlyer USA?
bitFlyer focuses primarily on the trading of BTC, so they offer a limited selection of other cryptocurrencies to users. Currently, only 11 of the major coins are on the market.
Does bitFlyer USA have a mobile app?
Yes, the bitFlyer USA mobile app is available for iOS and Android.
What fees will I pay on bitFlyer USA?
bitFlyer uses a tiered maker/taker fee schedule based on your 30-day trading volume. Currently, fees are between 0.03% and 0.01%, which is low compared to other exchanges.
Are there any deposit and withdrawal limits on bitFlyer USA?
ACH deposits and withdrawals are free but are limited to $5,000 per week.
Does bitFlyer USA have KYC?
Yes, as with all safe crypto exchanges, bitFlyer is required to use KYC to operate in the US, but sign-up is very quick.
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.
eToro FAQs
How many cryptocurrencies are on eToro?
eToro supports 85 cryptocurrencies at the time of writing, as well as NFTs.
Does eToro have a mobile app?
Yes, eToro's mobile app is available for both iOS and Android, allowing users to trade on the go.
What fees will I pay on eToro?
eToro charges a 1% buy/sell fee and a 0.1% conversion fee for crypto trades. Other transactions may incur additional fees.
Are there any deposit and withdrawal limits on eToro?
eToro has set a minimum deposit amount, which can vary based on the user's region and payment method, and a maximum $200,000 daily send transaction limit.
Does eToro have KYC?
Yes, in alignment with global regulatory standards, to open an eToro account, users must provide personal information along with a valid photo ID.
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?
Robinhood offers trading for 25 major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, among others. The exact number and availability can change based on the market and the state you live in.
Does Robinhood have a mobile app?
Yes, Robinhood is primarily known for its mobile app, which is available for both iOS and Android devices.
What fees will I pay on Robinhood?
One of Robinhood's main selling points is commission-free trading. However, while there are no direct fees for buying or selling crypto, the platform makes money from the spread between the buy and sell prices.
Are there any deposit and withdrawal limits on Robinhood?
Robinhood does not require a minimum deposit for crypto trading, but there is a maximum withdrawal limit of $50,000 per day.
Does Robinhood have KYC?
Yes. In line with regulatory requirements, to open a Robinhood account, users must provide their personal information and undergo identity verification.
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.
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?
Which crypto exchanges support USD?
All of the exchanges in our list support both USD deposits and withdrawals including Binance US, Coinbase, Kraken, Gemini, Crypto.com, and more.
