Best Crypto Trading Platform: Top 7+ Exchanges in US (2022)

In this article, we will compare the top 7 cryptocurrency exchanges in the US and help you decide the best crypto trading platform for you!

Cryptocurrencies are becoming more popular by the day, and as a result, the number of crypto exchanges is growing. This can be both good and bad news for investors. The good news is that there are more options to choose from when it comes to picking the best crypto trading platform on which to trade cryptocurrencies. The bad news is that it can be difficult to determine which platform is the best one for you.

Looking for a Guide on the Best Crypto Exchanges?

US traders have been eagerly searching for a comprehensive guide on the best crypto exchanges. Unfortunately, most of the information out there is outdated or incomplete.

We’ve compiled all the information you need to make an informed decision about which exchange is right for you. Our guide includes reviews of the top crypto exchanges, as well as tips on how to use them safely and securely.

Trading cryptocurrencies can be a daunting task, especially if you’re new to the scene. 

With so many crypto exchanges out there, it can be hard to determine which one is right for you. Not all exchanges are created equal, and some are definitely better than others when it comes to trading in the United States.

We’ve put together a comprehensive guide on the best crypto exchanges for US traders. Our guide includes everything from what to look for in an exchange, to how to set up an account and start trading.

What is the Best Crypto Trading Platform in the United States?

The United States has a long history of being at the forefront of financial innovation. So it is no surprise that there are a number of different crypto trading platforms available to investors in the US. However, with so many options to choose from, it can be difficult to determine which platform is the best one for you. To help you make your decision, we have compared the top seven crypto trading platforms and provided our thoughts on each one.

1. Coinbase

Best for beginners along with being trustworthy.

Coinbase is one of the most popular cryptocurrency trading platforms in the United States and for good reason. The platform is easy to use, has a variety of features, and is one of the most trusted crypto exchanges in operation today. Coinbase also offers investors access to a number of different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.

Key Features:

• Coinbase is available in over 100 countries and supports 32 different fiat currencies along with 179 cryptocurrencies. The platform is easy to use and has a variety of features, including a mobile app, wallet, and vault.
• Coinbase is one of the most trusted crypto exchanges in operation today. Investors on Coinbase can buy and sell cryptocurrencies, as well as store them in a wallet or vault.
• Coinbase is a great option for investors who are looking for a reliable and easy-to-use crypto trading platform.

Trading Fees:

– 1% flat fee

2. Gemini

Best for ease of use.

Gemini is another popular crypto trading platform that is based in the United States. The platform was founded by Tyler and Cameron Winklevoss, who are also the co-founders of Facebook. Gemini is a regulated exchange and offers investors a number of features, including low fees, advanced security measures, and more.

Key Features:

• Gemini has a very simple, easy-to-use interface
• Gemini employs a number of advanced security measures to protect investors’ funds, including 2-factor authentication and a host of other measures.
• Gemini supports a variety of over 250 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Trading Fees:

– 0.2% maker fee and 0.4% taker fee

3. Kraken

Best for trading altcoins.

Kraken is a US-based crypto trading platform that has been in operation since 2011. The platform offers a variety of features to its users, including low fees, advanced security measures, and a wide range of cryptocurrencies to trade. Kraken is also one of the most trusted crypto exchanges.

Key Features:

• Kraken’s low fees make it a great option for investors looking to save on trading costs.
• The advanced security measures offered by Kraken keep investors’ funds safe and secure.
• Kraken supports a variety of cryptocurrencies, making it a great option for investors who want to trade multiple coins.

Trading Fees:

– Flat fee of 0.9% for stablecoins and 1.5% for other cryptos

4. Bittrex

Bittrex is a US-based cryptocurrency exchange with a focus on security and scalability. Founded in 2014 by three cybersecurity engineers, Bittrex is one of the most popular exchanges in the world with over 10 million users.

Key Features:

• A user-friendly interface: Bittrex’s sleek and intuitive interface makes it easy for even first-time users to buy, sell, and trade cryptocurrencies.
• A wide selection of coins: Bittrex supports over 200 different cryptocurrencies, making it one of the most diverse exchanges in terms of coin selection.
• Security: Bittrex employs state-of-the-art security measures to protect user accounts and funds. In addition, all withdrawals are manually reviewed by Bittrex’s team to further ensure security.
• Customer support: Bittrex’s customer support team is available 24/7 to help answer any questions or resolve any issues that users may have.

Trading Fees:

– Bittrex charges a flat fee of 0.25% for all trades. There is no convenience fee.

5. Binance.US

Best for low trading fees.

Binance.US is a US-based crypto trading platform that is the best alternative to the world’s largest cryptocurrency exchange, Binance. The platform offers a wide range of features to its users, including low fees, a large selection of cryptocurrencies to trade, and advanced security measures.

Key Features:

• Superior Technology: Binance.US uses the same industry-leading technology as Binance, one of the world’s largest cryptocurrency exchanges by trading volume and users. This includes their proprietary matching engine and wallet technologies.
• Security: Binance.US takes security seriously and employs multiple layers of protection, including 2-factor authentication and a host of other risk management measures.
• Customer Support: Binance.US has a dedicated customer support team that is available 24/7 to help with any issues you may have. They also offer a comprehensive FAQ section on their website.

Trading Fees:

– 0.1% maker fee and 0.1% taker fee

6. Bitstamp

Bitstamp is a US-based crypto trading platform that has been in operation since 2011. The platform offers a variety of features to its users, including low fees, advanced security measures, and a wide range of cryptocurrencies to trade. Bitstamp is also one of the most trusted crypto exchanges.

Key Features:

• Bitstamp offers multiple payment methods, including bank transfers and credit cards.
• The exchange offers a highly intuitive trading platform that is suitable for both beginners and experienced traders.
• Bitstamp has built a reputation for security and reliability, with user funds held in offline storage and robust customer support.

Trading Fees:

– Bitstamp charges a flat fee of 0.5%

7. Uphold

Best for altcoins including XRP.

Uphold is a cloud-based crypto trading platform that offers its users a number of features, including low fees, advanced security measures, and a wide selection of cryptocurrencies to trade.

Key Features:

• User-Friendly: Uphold is designed to be user-friendly, with a simple and intuitive interface. Even if you’re new to cryptocurrency, you’ll be able to use Uphold without any problems.
• Wide Range of Services: Uphold offers a wide range of services, including buying, selling, and converting cryptocurrencies. You can also use Uphold to send money anywhere in the world, free of charge.
• Safe and Secure: Uphold takes security seriously, with multiple layers of protection to keep your funds safe. The platform also offers insurance for all transactions.

Trading Fees:

– Uphold charges a variable fee of 0.50% for all crypto-to-fiat trades.

Different Types of Crypto Exchanges

There are 2 main types of crypto exchanges including centralized exchanges and decentralized exchanges.

Centralized Exchanges

Centralized exchanges are crypto exchanges that are operated by a single entity. These exchanges typically offer a wide range of features to their users, including low fees, advanced security measures, and a large selection of cryptocurrencies to trade. However, centralized exchanges are also the most vulnerable to hacking attacks and other security threats.

Decentralized Exchanges

Decentralized exchanges are crypto exchanges that are not operated by a single entity. These exchanges typically offer a more limited selection of features to their users, but they are also much less vulnerable to hacking attacks and other security threats.

Hybrid Exchanges

Hybrid exchanges are crypto exchanges that combine the best features of centralized and decentralized exchanges. These exchanges typically offer a wide range of features to their users, including low fees, advanced security measures, and a large selection of cryptocurrencies to trade.

What to Look For When Choosing Crypto Trading Platform

When choosing a crypto trading platform, there are several factors you need to consider, including:

The types of cryptocurrencies that you want to trade

When choosing a crypto exchange, it is important to consider the types of cryptocurrencies that you want to trade. Some platforms offer a wide selection of cryptocurrencies, while others focus on a specific type of coin.

The type of trading that you want to do (i.e., buy and hold, day trade, etc.)

When choosing a crypto exchange, it is important to consider the type of trading you want to do. Some platforms offer a wide range of options, while others focus on specific types of trading. If you are looking for a platform that offers a variety of options, Bitstamp and Binance.US would be good choices. If you are looking for a platform that specializes in day trading, Kraken would be a good choice.

The fees associated with each platform

Each of the top crypto exchanges in the United States has different fees associated with it. For example, Bittrex charges a fee of 0.25%, while Uphold charges a fee of 0.50%. It is important to consider these fees when choosing a platform to trade on.

The features and tools that each platform offers

When considering a crypto exchange, it is important to consider the features and tools that are offered. The best crypto exchanges offer a wide range of features, including low fees, advanced security measures, and a large selection of cryptocurrencies to trade. Additionally, some platforms offer a variety of trading tools, such as charts and order books, that can help you make informed decisions when trading.

The level of customer support that you need

When choosing a crypto exchange, it is important to consider the level of customer support that you need. Some platforms offer a wide range of support options, while others focus on a specific type of support. If you are looking for a platform that offers a variety of support options, Kraken and Binance.US would be good choices.

The level of security that you need

When choosing a crypto exchange, it is important to consider the level of security that you need. Some platforms offer a wide range of security measures, while others focus on a specific type of security. If you are looking for a platform that offers a variety of security measures, Coinbase and Gemini would be good choices.

The best crypto trading platform for you will ultimately depend on your individual needs and preferences. However, all of the platforms listed above are trusted and well-established crypto exchanges that offer a variety of features to their users.

Crypto Trading Platform FAQ

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

Currently, cryptocurrencies are regulated by the U.S. government, and it is difficult to identify the best platform to trade for. Cryptocurrencies that operate in the United States are under regulatory oversight by the Commodity Futures Buying and Selling Commission. In New Jersey, for example, cryptocurrency markets can be considered a money service that requires exchange operations in a region to apply for specific licensing.

Why Use a Crypto Trading Platform?

Crypto trading platforms offer investors a number of advantages, including low fees, advanced security measures, and a wide selection of cryptocurrencies to trade. Crypto trading platforms also allow investors to trade on a variety of different exchanges from a single account.

What is a Crypto Exchange?

A crypto exchange is a platform that allows investors to buy, sell, and trade cryptocurrencies. Crypto exchanges are similar to traditional stock exchanges, but they operate exclusively with cryptocurrencies. There are a number of different types of crypto exchanges, including centralized exchanges, decentralized exchanges, and hybrid exchanges.

Wrapping Up

The best crypto exchanges for you will ultimately depend on your individual needs and preferences. However, all of the platforms listed above are trusted and well-established crypto exchanges that offer a variety of features to their users. If you are looking for a platform that offers a wide range of features, Kraken and Binance.US would be good choices. If you are looking for a platform that offers a wide range of security measures, Coinbase and Gemini would be good choices. Ultimately, the best crypto exchanges for you will depend on your individual needs and preferences.

What is your favorite crypto trading platform? Let us know in the comments below!