5 Best Crypto Exchange in USA with Highest Ratings
One of the most common questions that arise is, which is the best crypto exchange USA? Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH) are undoubtedly the leading coins many crypto traders desire to purchase. But who are the top US crypto exchanges that can convert the dollar into these coins? That’s the question that looms in many minds.
Since cryptocurrency is booming, the market is expanding as well. The number of investors is also increasing day by day. They are considering options on different exchange sites before investing their hard-earned money. There are many popular crypto exchanges in the USA, but which are genuine? Here are the best crypto exchange rankings you need to know!
The Best Crypto Exchanges USA You Will Find
There are many horror stories on the internet discussing how the hackers got their money from badly protected crypto exchange websites. That’s why it's essential to choose a secure platform prior to making investments. Today, we will discuss reliable sites along with crypto exchange rankings to help in making an informed decision.
· Binance.US
Binance is regarded as the as the best crypto exchange USA for its impartial policies and high security. The exchange introduced its separate US version in 2019 to facilitate traders in USA. Binance US is completely regulated according to the governmental reforms of trading in USA.
Being one of the largest crypto exchanges, Binance US allows users to start trading with as little as $1. Binance US has some of the strongest security measures in place to protect user transactions against any kind of cyber-attacks. As for new traders, the exchange also has plenty of learning material available. Users can earn and learn at the same time with Binance US as the exchange has some interesting reward programs available.
Moreover, Binance US also facilitates traders who are into margin trading. On Binance users can avail up to 100X leverage however, it is advisable to opt for low percentage of leverage because it is better to win less than lose all. Keeping leverage low helps you mitigate risk of sudden account liquidation in case of negative market movements. Hence, it is safe to say that Binance US is the best suited crypto trading exchange for anyone based in US.
· Coinbase
In the reliable crypto exchange rankings, Coinbase is another phenomenal website. Being a user-friendly platform, Coinbase is perfect for beginners. The fees on the platform vary where 1.99% applies on orders of at least $200. The transfer has to be made via Coinbase USD Wallet or U.S. bank transfer. Moreover, on these exchanges there are some of the most popular and benefiting crypto assets available to trade. As for new users the exchange is quite easy to trade on because the user interface of this exchange is simple with no learning curve.
· Robinhood
Robinhood has a limited supply of cryptocurrencies such as Ethereum, Bitcoin, Dogecoin, Bitcoin Cash, Ethereum Classic, Litecoin, and Bitcoin SV. It's a great site for investors looking for exposure to the popular side of digitized money.
· Gemini
Another US based crypto exchange is similar to Coinbase and great for beginners. The platform allows the exchange of over 50 different cryptocurrencies, including Gemini dollars and Bitcoin Cash. The application is insured by Federal Deposit Insurance Corp. Being the top US crypto exchange, Gemini is a reliable platform for investors.
· Kraken
One of the best crypto exchanges USA, Kraken is a secure and trusted crypto platform in the States. They have an in-house proprietary custody system where 95% of the deposits on the platform are kept offline. This prevents theft and fraudulence. Kraken is also one of the oldest US based crypto exchanges.
The Final Verdict
There are many other crypto exchanges as well that are operating in the United States. However, these are the best crypto exchanges the USA that are reliable, genuine, and secure platforms to invest in. Even if you are just starting to buy cryptocurrencies, these websites are easy to understand with flawless structure. These sites are regulated and have brilliant tax standpoint, ensuring trust and commitment towards their users.