Best Crypto Exchange USA 2023

Cryptocurrency has taken the world by storm; everybody wants to trade cryptocurrencies. The users should need a regulated and safe cryptocurrency exchange to buy or sell digital currencies and trade digital currencies such as Bitcoin and Ethereum. Litecoin, Dogecoin, etc.

Due to the rise in the value of Bitcoin, people are interested in trading Bitcoin and other cryptocurrencies, even though it is pretty intimidating initially. Before choosing an exchange, the user should watch out for scams, which have become an essential aspect of most cryptocurrency exchanges.

Best Cryptocurrency Exchanges for USA: Top 11 List!

We have reviewed and compiled a list of the major best crypto exchanges in the USA for the user’s benefit.

1. OKCoin

OKCoin was founded in 2013, and it is one of the largest and most popular Bitcoin exchanges, with a trading volume of more than 16 million Bitcoins transacted per month. exchange cryptocurrency is based in Beijing, China, and offers its services to users from Asia and China; also, it accepts experienced crypto traders worldwide.

It is registered as a Money Service Business(MSB) with FinCen (the Financial Crimes Enforcement Network) and VFAA (Virtual Financial asset Act), and Malta Financial Services Authority authorizes this exchange.

Pros and Cons of OKCoin

OKCoin Fees

OKCoin charges a taker fee of 0.20%, which is at par with the industry average. Moreover, other crypto exchanges offer a discount on the maker fee of 10%. OKCOIN does not charge any withdrawal fee for withdrawing BTC.

2. Bittrex

Bittrex is one of the topmost leading virtual crypto exchanges that offer stringent account security measures; also, it offers two-factor authentication. It has a multi-stage digital wallet strategy to keep the crypto holdings and funds secure in offline cold storage.

Compared with many cryptocurrency exchanges, Bittrex efficiently provides many benefits, such as low transaction fees and an instant buy and sell feature that helps users exchange Bitcoin and other cryptocurrencies with a single click. Also, this platform can be accessed on both IOS and Android devices.

Pros and Cons of Bittrex

Bittrex Fees

In terms of maker and taker fees, this exchange charges 0 – 0.35%; Bittrex charges a flat commission of 0.25% on all the crypto trades executed. It does not charge a fee for withdrawals and deposits from users.

3. Coinmama

Coinmama was launched in 2013, and it is registered in Slovakia. It offers a safe, fast, and easy way to buy and sell digital currency worldwide, including in the United States of America. Currently, it serves more than 2.6 million users worldwide. Experts give investment advice for this exchange.

Coinmama accepts fiat currencies like EUR, GBP, USD, AUD, and CAD. Coinmama permits users to buy cryptocurrencies through their Visa or MasterCard, credit or debit card, thereby helping the customers to buy crypto through safe and fast payment methods.

Pros and Cons of Coinmama

Coinmama Fees

Coinmama charges a commission fee of 3.9%, depending on the preferred payment method. If the crypto transactions are carried out through debit or credit cards, there is an additional 5.0% momentum fee. The orders executed through bank transfers are not charged a momentum fee or any other fee.

4. Gemini

Gemini is a regulated exchange for cryptocurrency-based in New York, and the Winklevoss twins founded it. is a legitimate and safe exchange licensed by the New York state department and financial services (NYSDFS). This exchange is one of the safest & best cryptocurrency exchanges preferred by buyers and sellers.

Some advanced features include institutional industry-standard measures that protect its user’s information, and their funds are stored in the exchange. Some security features are a desktop platform, multi-signature withdrawal process, cold wallet storage, encryption, two-factor authentication, brute force login protection, and allowing listing addresses.

Pros and Cons of Gemini

Gemini exchange charges a different fee structure on the platform, and that depends upon the 30-day trading volume of the users. It follows the maker and taker model, starting from 0.25% to 0.35%. There is no deposit fee to transfer fiat currency or cryptocurrencies to the exchange; it does not charge a fee for bank transfer deposits and crypto coins. However, it charges a debit card purchase fee of 3.49%, including a trading fee.

5. Binance

Binance is one of the biggest crypto exchanges in the USA. However, only 46 states of the USA have BINANCE in their Crypto exchanges, the USA excluding Hawaii, New York, Texas, and Vermont, which are the best crypto exchange USA. Finding the right crypto exchange is necessary if you plan to use crypto more in the future. Binance is not only one of the biggest crypto exchanges in the USA but also one of the global leaders in the crypto exchange. They are available in 180 countries which makes them even more powerful. Their service is similar to all over the places in the globe they are available.

Pros and Cons of Binance

Binance Fees

Binance is free from any transaction charge for some selected fiat and stablecoin pairs. BUSD pairs come with no maker fees. Additionally, they offer 25% off on Spot Trading Fee and 20% off on the USDS-M futures trading fee. The deposit and withdrawal fees are so less that it does not feel like some extra charge. They offer a VIP program that will give you more discounts. You will have a great experience with Binance. They are one of the market leaders. Working with market leaders removes the fear of losing out on money. Choose the best crypto exchange site Binance.

6. Kraken

Kraken was founded in 2011, and it is one of the most popular Bitcoin and many crypto exchanges and is based in San Francisco, California. According to coinmarketcap, is ranked as one of the top five best crypto exchanges based on liquidity, traffic, and the trading volume for the spot market.

Kraken is one of the regulated and licensed overall best crypto exchange platforms for the USA with FinCEN. Kraken offers several cryptocurrencies for retail and institutional investors and provides margin and futures trading for its users.

Pros and Cons of Kraken

Kraken Fees

This platform charges 0 to 0.26% per trade, 3.75% plus 0.25 Euros for credit card purchases, and 1.7% plus $1.10 for online transfers. Trading fees vary between the type of currency pair that is traded.

7. Changelly

Changelly is one of the well-known fiat-to-crypto exchanges where customers can buy crypto using debit or credit cards. It is one of the best exchanges that offers a simple-to-use interface for new and advanced traders to purchase and swap crypto assets. The users can directly send their digital assets to their best crypto hardware wallet for their security.

Changelly is one of the best websites where users can swap crypto for another crypto. One of the significant benefits of this platform is that it uses a trading algorithm that helps users get the crypto rates for trading. Also, it offers a straightforward and intuitive platform and tools that permit users to execute crypto trades efficiently. Changelly accepts several payment methods and offers many benefits for its users when compared with its competitors.

Pros and Cons of Changelly

Changelly Fees

Since cryptocurrencies are prone to high volatility, Changelly users are not offered fixed rates or trading fees. When the users purchase the coins, it offers a fixed fee of 0.5%.

8. COINBASE Pro

Coinbase Pro is one of the most popular exchanges and the best platform for experienced traders. Cryptocurrency transactions are instant when the users deposit funds. It was launched in 2015 and offered several exciting features like high trading volumes, best security measures, lower fees, ease of use, and deep liquidity.

Coinbase Pro is the best cryptocurrency trading platform for high-volume and experienced crypto traders. It offers features, advanced trading tools, and different types of orders for its users.

Pros and Cons of Coinbase Pro

Coinbase Pro Fees

The Coinbase platform charges a fee of 1.49% for transactions executed through a bank account and 3.99% for debit card or credit card transactions. This is a significant disadvantage when compared with other best crypto exchanges.

9. Poloniex

Poloniex was established in 2014 and is a well-known and one of the best crypto exchanges headquartered in San Francisco, California. This exchange mainly caters to US crypto investors/traders and offers its services to users worldwide.

This exchange provides a wide range of altcoins that can be traded with Bitcoin. Poloniex is a centralized exchange that both beginners and experienced traders can use. It has advanced order types, a wide range of crypto markets, crypto lending, and margin trade for its customers.

Pros and Cons of Poloniex

Poloniex Fees

Poloniex fees are the lowest when compared with other popular crypto exchanges. This platform charges its users to execute margin, spot trades, and cryptocurrency withdrawals. Poloniex VIP customers fall into the category of Poloniex silver, gold, or market maker tiers. They pay 0% as a maker and less than 0.04% for taker trades.

10. Paxful

Paxful is one of the top exchanges for peer-to-peer finance platforms to trade cryptocurrency. It is a platform where buyers & sellers get connected for cryptocurrency trading. offers numerous payment options to users. This platform removes borders as a limiting factor, and the trader can send money to purchase anything from around the world. Paxful’s community has more than 4.8 million active users, which continues to grow.

Pros and Cons of Paxful

Paxful Fees

Paxful charges low trading fees for its users and does not charge any trading fees from its buyers. Paxful charges 1% of the fee from sellers, where the seller includes the fees in the price of the crypto assets. Hence the Bitcoin price will be more on the Paxful platform when compared with other popular centralized exchanges. It offers the freedom to exchange cash for Bitcoins.

11. OKX

OKX is one of the leading world-class digital currencies exchange that offers advanced financial services using blockchain technology. This exchange is based in Malta and has several millions of users globally. is designed to offer its users a secure and safe cryptocurrency trading platform and helps them trade token coins and future trading pairs.

Pros and Cons of OKX

OKX fees are the lowest in the crypto market; hence, they can be regarded as their major strength. Trading Fees are based on 30-day average trading volumes, and it charges maker fees of 0.15% and taker fees of 0.2%. However, to know the full fee schedule of OKX, check this link

Types of Crypto Exchanges

There are numerous best cryptocurrency exchanges available for traders. There are two types of crypto exchanges: centralized and decentralized exchanges.

Decentralized exchanges include the trading volume, and decentralized exchange is more like marketplaces. Several new centralized exchanges are cropping up every day. Let us look into the types of global crypto exchanges:-

Fiat To Crypto Exchanges

Fiat-Crypto exchanges allow users to purchase cryptocurrency directly using their fiat currencies. These are highly popular among users who are unfamiliar with cryptocurrencies as they will enable them to purchase their preferred cryptocurrencies without any problems easily.

Crypto To Crypto Exchanges

Crypto-to-crypto exchanges allow users to buy bitcoin and cryptocurrencies using different cryptocurrencies. This implies that the user can buy bitcoin and crypto using fiat in a fiat-to-crypto exchange. They should store it in a crypto wallet of the best crypto exchange before they proceed with exchanging another crypto coin.

Peer To Peer Exchanges

Peer-to-peer exchanges match a buyer with a seller to buy and sell cryptocurrencies. One example of peer-to-peer exchanges is Localbitcoins, where a buyer will check with a seller, thereby offering the best price for their coins. This type of exchange typically provides an escrow service by reducing the counterparty risk for buyers & sellers.

Our Criteria to Choose the Best Cryptocurrency Exchange

Choosing a suitable cryptocurrency exchange can impact the trader’s crypto investment portfolio. Here we have given a few criteria to select the best crypto exchange:-

Research

When searching for the best exchange, the users should keep in mind that they should research any fraud or scams with their preferred exchange. They need to check for hacks if the exchange support has already been undergone in their earlier years.

Reputation

Trader should do their research when it comes to choosing a cryptocurrency exchange. They should check the exchange’s reputation before registering a trading account with them and thoroughly research the reputation and the reviews posted by other users.

The users should check the trading pairs and the transaction fees offered by the potential exchanges. The user should compare several fees like trading fees, deposit and withdrawal fees, etc. they should also check whether the exchange charges any hidden or additional fees for their services.

Final Thoughts

In conclusion, advanced crypto traders would like to trade crypto with their preferred exchange that provides different trading types like market orders, limit orders, prevent the risk of loss, and required margin. Further, users should check whether the cryptocurrency exchanges provide the margin they want or are still evolving in the United States and if the exchange supports crypto assets. Suppose the user is looking to buy bitcoin or cryptocurrency; in that case, they should look for an easy-to-use platform and check whether the exchange provides educational resources, how-to guides to understand the cryptocurrency market, trading fees, etc.

How Did We Choose the Top Crypto Exchanges in the USA?

We have researched different exchanges to find various options concerning low fees, cryptocurrency availability, crypto exchange account security, mobile access, and user interface. Also, research has been done on these exchanges; whether they provide services to institutions or individuals, crypto exchanges offer options regarding margin trading support for stablecoins and rewards.

Which Is the Best Cryptocurrency Exchange for USA?

Founded in 2011, Kraken is one of the most popular, licensed, regulated cryptocurrency exchanges. According to coinmarketcap, it is ranked in the 5th position per its services. Also, Kraken is licensed with FinCEN and is a highly rated Bitcoin-based crypto exchange.

Which Is the Safest Crypto Exchange in the USA?

According to research, Coinbase Pro is one of the safest crypto exchanges that powers Coinbase. Both Coinbase Pro and Coinbase offer the most secure crypto exchange and safest platform in the USA.

Which is the largest cryptocurrency exchange in the USA?

There are various crypto exchanges, but Coinbase Pro is the largest and first cryptocurrency exchange in the USA, trading more than 30 cryptocurrencies.

How can one open a cryptocurrency exchange account?

One can visit the exchange’s website or download its app to create a crypto exchange for beginners’ accounts. Each exchange has a different registration process. Here, one can buy, sell or trade small amounts of crypto without verifying one’s identity or providing much information.

How many crypto exchanges are there?

There are nearly 600 exchanges currently, of which Binance and Coinbase are the biggest.

Risk Disclaimer – The users are advised to invest the amount of money they can afford to lose, as cryptocurrencies are subject to market risk.