This is a curated list of over 20+ best US customer-friendly crypto exchanges in the blockchain industry. Exchanges listed here are all available for US customers.
Unfortunately in the land of the free, a lot of you are not actually able to trade on many of the most popular global cryptocurrency exchanges.
This is because the United States is quite strict when it comes to investment regulations and due to regulatory overhead most exchanges either don't care to deal with them or simply don't have the means to do so. Leaving US customers scratching their heads as how to lawfully participate in the cryptocurrency economy.
Here are the best US customer friend crypto exchanges that you can use today in 2020.
Note that some of the exchanges listed here may not offer official statements about whether US citizens are welcome or not! – Please read the terms and do your own research!
Check our new pillar post that ranks US exchanges based on readers’ votes!
Spot/Margin Trading Exchanges
Margin trading allows you to borrow either Bitcoin or Dollars at an interest rate to increase the size of your trading account. Although this activity can be highly risky, it is the quickest way to make huge trading returns.
Kraken is a Bitcoin and Cryptocurrency trading platform based in the US. The exchange is one of few in the world offering margin, and futures trading up to 50x for US Customers. The Kraken exchange offers a number of other services as well from institutional account management to OTC desk, and more. And with a decent exchange volume, Kraken is the best option for any customers living in the US looking to trade Bitcoin using margin.
|Trading Fees||0.16% – 0.26% + Discounts|
|Withdrawal Limits||Without KYC: $5,000 USD / With KYC: $1,000,000 USD / 24 hours|
BitFlyer is one the largest & leading crypto exchanges by volume in the world, not only it has the largest volume in Japan, and with global volumes reaching over 250 billion in 2017, but it also has licensed operations in Europe, and the US.
|Trading Fees||0.20% + Discounts|
Altcoin Trading Exchanges
Altcoin trading can be one of the most profitable concepts in cryptocurrency, there are thousands of different projects to choose from and quite a few exchanges as well. To have access to as many coins as possible we suggest registering on each exchange below. These are the best crypto exchanges for altcoin trading.
KuCoin is one the best altcoin exchanges for trading right now, the platform offers a variety of coins to choose from with high liquidity, as well as the option fo purchase Bitcoin with a credit card. Kucoin does not offer KYC option for US customers, however, they do not seem to restrict the use either, meaning anyone can freely use their platform with the 2BTC withdraw limit.
|Trading Fees||Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts|
|Withdrawal Limits||Without KYC: 5 BTC / With KYC: 100 BTC / 24 hours|
Bittrex is one of the oldest US-based exchanges that can proudly say they have never been hacked. This platform provides a large variety of coins to choose from and a reputable trading engine.
|Trading Fees||0.2% – 0.2% + Discounts|
Bithoven stands as a reliable cryptocurrency trading exchange with a simple interface. The platform has partnered with Bitgo, which assumably gives them guaranteed security over funds, of up to 100 million. The exchange has plenty of altcoins to choose from and leverage up to 20x. The platform also offers margin trading, however, this service is restricted from US customers.
|Trading Fees||0.2% – 0.2%|
ProBit is a Korean based global cryptocurrency exchange offering a variety of lesser-known altcoins to trade with. The platform requires no KYC from citizens outside of Korea and is also available for US customers.
|Trading Fees||0.2% – 0.2% + Discounts|
|Withdrawal Limits||Without KYC: $10.000 USD / With KYC: $100,000 USD / 24 hours|
qTrade is a unique altcoin exchange that lists only selected original dev coins with special capabilities and features. The platform is one of those places not many know yet it has some of the most advanced coins you can trade with.
|Trading Fees||0% – 0.5%|
VCC Exchange is a Vietnamese based advanced altcoin trading exchange. The platform offers a variety of cryptocurrencies, and requires KYC for withdrawals.
|Trading Fees||0.20% – 0.20%|
|Withdrawal Limits||80 BTC / 24 hours|
Livecoin is a small-cap altcoin exchange providing countless coins to choose from. This exchange was founded back in the day in 2013 meaning they have a quite track record behind. The exchange also supports fiat currencies such as USD, EUR, and Russian ruble.
|Trading Fees||0.18% – 0.18% + Discounts|
|Withdrawal Limits||No limits|
Beaxy is newer all in one cryptocurrency exchange, providing great tools and features. They have everything from advanced order types to portfolio management, this exchange could be good if there was some liquidity available.
|Discount Link||Get a 20% discount on Beaxy trading fees!|
Fiat to Crypto Exchanges
Many of the exchanges from the above categories can also be used for purchasing your first Bitcoins. However here are some of the best crypto exchanges, which are more focused on dealing with cash, and therefore better to be used for either buying your first Bitcoins or selling your coins for cash.
CoinMetro is hands down the most affordable place to purchase Bitcoin and other cryptocurrencies. The exchange is designed to suit for all levels of trades, from newbies with a one-click buy button to pro trading screens. The platform is available for the US citizens, except for Hawaii, Washington and New York states.
|Trading Fees||0% – 0.1% + Discounts|
CEX.IO is one of the oldest Bitcoin exchanges around, it’s global, stable and offers both simple, easy to use interfaces for both buying and trading Bitcoin and few other cryptocurrencies.
|Trading Fees||0.16% – 0.25% + Discounts|
|Withdrawal Limits||2 BTC / 24 hours|
Binance.us is a branch focused on becoming a new home for cryptocurrency trading services within the United States. The platform offers a variety of crypto pairs trading against USD and the possibility to purchase Bitcoin with a credit card.
|Trading Fees||0.1% – 0.1% + Discounts|
|Withdrawal Limits||$7,500,000 USD / 24 hours|
Binance Jersey is fiat focused crypto exchange built on top of technology developed by Binance, the leading and most known crypto exchange on the market.
|Trading Fees||0.1% – 0.1% + Discounts|
|Withdrawal Limits||10,000 GBP / 24 hours|
Coinbase has the largest hot wallet in the industry, operating in over 30 countries and securing more than 20 million customers worldwide. This exchange was founded in 2012 by Brian Amstrong and is widely known as one of the easiest exchanges for purchasing and trading your Bitcoins.
|Trading Fees||0.50% – 0.50% + Discounts|
|Withdrawal Limits||Initially $25,000 USD (Can be increased) / 24 hours|
|Discount Link||Earn up to $158 worth of crypto!|
Gemini is based in the US and was founded by Cameron and Tyler Winklevoss. The exchange is an excellent way to purchase, store and sell Bitcoin. And the number of coins these two owns makes it quite literally the most secure exchange around.
|Trading Fees||1.49% premium / ActiveTrader: 0.35% – 0.25% + Discounts|
|Withdrawal Limits||$100,000 USD / 24 hours|
Coinmama is one of the great choices for purchasing your first Bitcoin or Ethereum. This exchange has been around since 2013 offers a simple user experience and is, therefore, one of the most reliable old dogs still around.
|Trading Fees||2% + 3.90% when buying, and 0.9% when selling / 5% for cards.|
|Exchange Limits||$12,000 USD / 24 hours|
CoinDeal is a US-based crypto exchange offering easy to use platform with a variety of altcoins and fiat currencies to choose from. The exchange has fast verifications and many methods for depositing and withdrawing funds. On top of this, users can also purchase Bitcoin with a credit card.
|Trading Fees||0.29% – 0.39% + Discounts|
|Withdrawal Limits||€100,000 EUR / 24 hours|
Paybis is an instant cryptocurrency exchange founded in 2014. The exchange provides support for a variety of payment methods including Credit Card, Skrill, Neteller, Payeer and Advanced Cash. The exchange also has one of the highest purchasing limits.
|Buying Limits||$500,000 USD per week.|
BitQuick is owned and operated by Athena Team, one of America’s most trusted ATM operators. The platform lets users purchase Bitcoin from other users through escrow with physical cash.
|Exchange Limits||Without ID scan: $400.00 USD|
Peer to Peer Exchanges
Peer to Peer stands for exchanges that do not hold user’s funds but rather connect buyers and sellers.
Paxful is a Peer to Peer exchange connecting buyers and sellers with over 300 payment methods to choose from. You can buy bitcoins with bank transfer, gift cards, Paypal, cash and much more.
|Trading Fees||Depends on market|