With the increased awareness of digital currencies, many exchanges have started operating in the United States. The best altcoin exchanges have features such as security, support for a wide range of altcoins, good support team and high trade volume, etc. But here you can find the best exchanges in the USA according to their specific characteristics.
Binance.US
Binance is the most popular digital currency exchange in the world. This exchange is ranked first in terms of popularity and trading volume. BinanceUS is headquartered in San Francisco, California, and was created to support US residents in buying and selling coins with US Dollars. Fees are between 0% and 0.1%, which is one of the lowest fees for buying and selling of cryptocurrencies. Having a Binance wallet allows you to safely store your digital assets.
Advantages
- Low trading fees
- supports 52 coins
- High liquidity
- multiple payment methods
Disadvantages
- It is active in only 43 US states
- Limited fiat deposit methods
Crypto.com
The exchange was established in 2019 in the Cayman Islands. It offers a wide range of digital currencies to its users. Crypto.com is good for users who need to trade cryptocurrencies at low fees.
The services of this exchange include:
- offers a Crypto.com App
- Exchange
- Visa Card
- DeFi swap & DeFi Wallet
- Defi Earn
- Crypto.com Price
- Staking
- Crypto lending
Advantages
- Low fees
- Supports more than 320 cryptocurrencies
- Good security
- A safe and practical wallet
- Good bonuses and discounts
Disadvantages
- Low privacy
Coinbase
This is one of the largest, most popular cryptocurrency exchanges in the USA. The exchange is headquartered in San Francisco, California. Coinbase has no history of hacking.
Advantages
- Supports 46 coins and major fiat currencies
- Having a mobile app
- Supports over 100 countries
- Has strong security and platform
Disadvantages
- High fees
KuCoin
This exchange was established in 2017 in Hong Kong and today has its headquarters in Singapore. KuCoin introduced itself as The People’s Exchange. It has created a platform for people around the world to buy and sell a wide range of digital currencies.
Advantages
- If KCS users are active, the trade fees is 0.1%.
- Has apps for Android and iOS
- Supports over 250 digital currencies
- KuCoin trading bot
- Asset security of Bank-level users
- earn KCS coins daily
- P2P marketplace
- KYC is not necessary for all users
- Buy cryptocurrencies with fiat currencies
Disadvantages
- Low trading volume
eToro
The exchange was established in 2007 and is located in Tel Aviv, Israel. This platform has become a popular online market. Also, this exchange allows American customers to invest in 94 cryptocurrency pairs. This exchange has become one of the most popular places for beginners. Also by Using the CopyTrader feature, you can mimic popular traders. In less than a few minutes, you can create an account in this exchange and start trading.
Advantages
- Simplicity and good user interface
- The world’s first social trading platform.
- CopyTrader features copying strategy from experts
- Virtual dummy account
Disadvantages
- Low support for altcoins
Gemini
This exchange has its office in New York and is one of the largest exchanges for cryptocurrencies in the United States. It is licensed by the Financial Services (NYSDFS). Gemini features strong security, high transactions, a secure wallet and a history of cooperation with large companies such as Samsung and Trading View. Therefore by Using cold wallet storage and a multi-signature withdrawal process can greatly increase the security of this exchange. Two Factor Authentication is also available to provide extra layer of security.
Advantages
- cold wallet storage
- Support 26 coins and tokens
- quick signups
- Supports fiat deposits
- Extremely good security
Disadvantages
- Charges a commission and convenience fees
These exchanges are the best options for those who are searching for the best altcoin exchanges in the USA. So if you are trading altcoins, do consider any.