7 Best Crypto Exchanges in the United States

The cryptocurrency market is one of the most popular in the world, especially among Generation Z. Crypto exchanges have been the talk of the crypto community for a number of months. The failure of several crypto exchanges and crypto lending companies over the past few months has left investors unsure of who to trust.

DeFi’s market expansion has been spectacular, with just a decade between the rise of Bitcoin and altcoins. Investing in cryptocurrencies comes with a number of pitfalls. The biggest of these is the volatility of the sector, as prices are only driven by sentiment and not the value of the underlying asset. Who can you trust to manage your funds amid the many risks of the crypto market?

Crypto exchanges in the USA

There are countless crypto exchanges currently functioning in the market. This study outlines and recommends only the best crypto exchanges operating in the United States. As with any other type of trading, you should do your own research (DYOR) to be sure.

  1. Coinbase Global, Inc. (NASDAQ:COIN)

The American exchange Coinbase Global, Inc. (NASDAQ: COIN) is headquartered in San Francisco, California. The company was founded in 2012 and offers numerous products and services. Coinbase is ideal for crypto newbies looking for a simple buying and selling experience without the hassle of external wallets and decentralized exchanges. Coinbase tops the list of the best cryptocurrency exchanges.

Source: Coinbase

Coinbase Global customers can leverage a wallet, NFT marketplace, asset trading platform, smartphone application, and API that allows retailers to accept cryptocurrency payments. ARK Investment Management, led by Catherine D. Wood, is the largest investor in Coinbase with 7.7 million shares worth $497 million.

  1. octopus

Kraken is an American bank and crypto exchange. Founded in 2011, the company is one of the most valuable crypto exchanges in the world. Kraken’s headquarters are in San Francisco, California.

7 Best Crypto Exchanges in the United States 2
Source: Kraken

The Kraken cryptocurrency exchange supports nearly two hundred countries, has more than nine million customers and facilitates more than $200 billion in quarterly trading volume. Kraken is a wonderful option for both novice and experienced cryptocurrency investors and traders looking for minimal trading costs and access to a wide range of coins.

  1. Bitmart

Bitmart, headquartered in the Cayman Islands, offers digital assets and investment services. It offers services to over nine million consumers in over 190 countries. Bitmart is one of the world’s largest crypto exchanges in terms of cryptocurrency support.

BitMart offers articles for staking and savings. Bitmart offers a hassle-free crypto buy/sell functionality that allows newcomers to buy Bitcoin and other digital currencies using a variety of payment methods in a few clicks.

The exchange also offers spot and futures trading for currencies. In addition, Bitmart assures that its users are protected by an advanced system that combines hot and cold wallets with multi-signature technologies.

  1. asks

Bitget is a private financial services company registered in Seychelles. The company was founded in 2018. Bitget exchange supports USDC derivatives margin and allows clients to trade without token conversion. In addition, Bitget allows both spot and futures trading.

In November 2022, the company partnered with soccer legend Lionel Messi for a marketing campaign. In terms of security, Bitget claims that it differentiates between hot and cold wallets and has received high marks from several companies. Bitget has a $300 million reserve to protect its assets and operations from cybercriminals.

  1. Blockchain.com exchange

Blockchain.com is a British cryptocurrency company founded in 2011 offering a range of services. The company is based in York, UK. The Blockchain.com exchange offers more than ninety trading pairs, including BTC and cryptocurrencies.

In addition to a wallet and an explorer, Blockchain.com also offers financial products for institutional investors. On the Explorer platform, users can view transaction details if they have the hash code of the transaction. In addition, Blockchain.com enables institutional investors to lend, borrow and trade cryptocurrencies.

  1. Binance.US

Binance.US is the American subsidiary of Binance, the world’s largest crypto exchange. The startup was founded in 2017 when the US government banned its parent company. The new company intends to comply with all regulations required for crypto exchanges to function in the United States.

7 Best Crypto Exchanges in the United States 3
Source: Binance.US

Binance.US and its parent company have been a voice of sanity following the collapse of major crypto exchanges like Voyager Digital, Celsius, 3AC, and FTX. Binance.US is an active participant in the US crypto market. In addition, the organization has set up a Political Action Committee (PAC).

  1. Crypto.com exchange

Crypto.com Exchange was founded in 2016 and is located in Singapore. In addition to an exchange, Crypto.com offers a wallet, a mobile application, and a market for non-fungible tokens (NFTs). Several companies have joined Crypto.com to use cryptocurrencies for their products.

The Crypto.com Exchange facilitates trading in over forty different derivatives and over two hundred pairs. In November 2022, the company’s Cronos token lost market value following the collapse of FTX, despite the CEO’s assurances that FTX and Crypto.com Exchange are unrelated.

bottom line

In decentralized financing, crypto exchanges have taken over the function of banks. Just because there have been unscrupulous players in the crypto ecosystem doesn’t mean there’s no hope that other crypto exchanges will do well in the market. Do your own research before placing your trust in these organizations.

Also, monitor their performance on the overall market and events on social media platforms, especially Twitter. If you find a discrepancy, you should always be ready to withdraw your funds if you find a discrepancy.

Leave a Comment