Top Crypto Trading Platforms in the US
5/14/20252024 hasn't been a quiet year for the crypto world, especially those within the US. From the Ripple vs. SEC feud to Bitcoin's struggle in edging closer to the $70K mark, the market is quite unstable.
So, naturally, all players, small and big, are looking for safer bets that can at least help them protect their assets in the short term. But, it doesn't just come down to the cryptocurrency; people are looking for the best crypto trading platforms in the US more than ever.
To help find the answer, we've listed the top 10 trading platforms for crypto users.
Top Crypto Trading Platforms
When seeking a hassle-free experience, you cannot overlook the following:
Fees
Asset Pool
Security
Unique Offerings.
#1 Coinbase
More than 8 million people use Coinbase every month to trade more than 240 coins. For many experts, it has become the go-to option in the USA.
Many people like Coinbase because it has a customizable minimum deposit setting, an easy-to-use interface, high-efficiency mobile apps, low trading fees, and various items for all levels of investors.
Plus, The platform’s app is quite similar to the standard online banking experience, which helps shed off some ambiguity when trying the app for the first time. Everything is tailored for all-around convenience among novice users.
To top it all off, Coinbase has an impeccable security record backed by FDIC insurance and has never been the victim of a big crypto breach. Coinbase not only keeps users' money safe, but it also stops them from moving cryptocurrency to recognized scam addresses. This extra layer of security is great for new clients.
Fees: 0% - 3.99%
Best For: Novice traders who need a reliable, secure solution.
No. of supported assets: +240
#2 Binance US
Binance US is the crypto giant's division in the United States, operating since 2019 and remaining fully compliant with US regulatory frameworks, however shaky they may be. With over 150 cryptocurrencies and around 2 million monthly visits, it is surely one of the top crypto trading websites for US traders.
Catering to all skill and experience levels, the website comes with two multi-platform app versions: The beginner-friendly Lite version, and the feature-packed Pro app.
Besides this, Binance has robust safety hooks such as 2FA, shielded offline storage for most assets, real-time tracking, and extra features such as encrypted sign-in and sophisticated entry controls.
Fees: Up to 0.1%
Best For: Seasoned players working with a spectrum of assets
No. of supported assets: +150
#3 Kraken
With Kraken, over 10 million users can trade +200 different cryptocurrencies. Kraken is not like Coinbase in that it caters mostly to seasoned crypto patrons and provides more complicated trading options like margin trading.
Kraken scores high on many boards, whether it’s trading fees, beginner-friendliness, or a top-class mobile UX. Most people love the platform due to its intuitive experience for first-time traders and high-efficiency, low-cost trading fees for small and high-volume players.
Despite the "Not your keys, not your crypto" motto and the promotion of self-custody, security is a top priority for the exchange. The platform is devoted entirely to safeguarding user assets. Plus, the zero-cost Kraken Pro, available on mobile and PC, is an outstanding upside for most experienced traders.
Fees: 0.16%-5%
Best For: Seasoned traders seeking cheaper fees.
No. of supported assets: +200
#4 KuCoin
As one of the old players in the market with 34 million users and 900 crypto assets, many consider KuCoin the best crypto trading platform for US traders who're looking for rare and niche cryptocurrencies.
Expert traders often use KuCoin because of its reasonable costs, extensive technical analysis resources, and margin trading options. The referral system is another important element that has proven quite successful in helping KuCoin build a strong group of active monthly users.
While it caters best to seasoned players, many first-timers also report an intuitive experience when working with the multi-platform mobile app, as it comes with a familiar UI that sheds off any doubt for inexperienced traders. Supporting both Android and iOS, it scores high among many users due to its feature-packed nature.
Fees: 0.1%
Best For: Advanced users searching for security & vast pool of assets
No. of supported assets: 900
#5 Crypto.com
With over 80 million users and +350 crypto assets to choose from, you can count Crypto.com as the best site for crypto trading, which is also a big success for mobile traders.
In addition to reasonable rates, the website presents VIP incentives and schemes to drop those numbers even lower. On top of that, owning native tokens can help traders access much sweeter fee structures, possibly reducing them to zero.
Crypto futures, customized alerts, and watchlists are available on the site for users with more experience. For new users, there are lots of tutorials and helpful tips along each step. Once you add that to cutting-edge MFA and biometric protocols, you can see why millions in the USA consider this as one of the best cryptocurrency trading platforms.
Fees: 0%-2.99%
Best For: For all levels of traders
No. of supported assets: +350
#6 Bitstamp
Bitstamp is among the first to be listed in New York. The exchange has grown to 4 million users, mostly because the fees are easy to understand and not too high. This has made them one of the best crypto platforms for US buyers, especially in New York, where a lot of platforms don't work.
Thanks to the multi-platform interface, you can trade +80 crypto assets with your phone or PC. Plus, savvy users also enjoy working with the Pro dashboard, offering advanced monitoring and security controls like multisig hot wallets.
Fees: 0.00% to 27%
Best For: Intermediate and seasoned players
No. of supported assets: +80
#7 eToro
The eToro platform allows users to trade over a hundred different cryptocurrencies. It also has crypto CFDs and crypto staking for people who want to invest in different things. A strong security system protects the platform, requiring MFA for accounts. Plus, complying with top regulators like the FCA and ASIC is a nice assurance for traders.
What makes eToro unique from other trading platforms for crypto users is the Social Trading panel, allowing novice traders to follow in the footsteps of seasoned players and copy their approaches!
There’s also a sizable, collaborative trader community that can help fresh players to get answers, discover insights, and even access exclusive academy educational material. If you don't mind the rather steep fee, this can be the best crypto trading platform for beginners.
Fees: 1% - 2%
Best For: Novice & intermediate users
No. of supported assets: +100
#8 Gemini
When we talk about the best US crypto trading platforms, Gemini's name surely stands out with over 13M active traders who have access to +70 crypto assets, staking rewards, and NFT trading.
The Gemini verification procedure might be a little tricky since Gemini is a heavily regulated cryptocurrency trading company that works closely with authorities to guarantee compliance. All payments made in USD to Gemini are protected by the FDIC. This makes Gemini a good choice for business and users who deal with massive sums.
The top-notch security also plays well in the mobile trading aspect as many traders report high confidence levels in the app and rate it highly on many customer review websites.
Although it caters to crypto enthusiasts of all skill levels, the ActiveTrader product is where the company really shines. The platform lets you use crypto derivatives, while trading popular pairs with incredible speed.
Fees: 0.5% - 3.49%
Best For: All levels of traders
No. of supported assets: +70
#9 Robinhood
While offering a limited set of 25 cryptocurrencies, Robinhood is among the favorite US crypto trading platforms because of its effortless UI and zero-dollar fee structure. Despite recent advancements and upgrades, users hope that they can trade crypto-to-crypto in the near future without having to open another Robinhood Wallet.
Plus, it scores decently on all security protocols, and being SEC-regulated offers that extra layer of assurance that you may need. All in all, it's a solid #9.
Fees: $0
Best For: Conventional traders looking for lower fees and simple mechanics.
No. of supported assets: 25
#10 Fidelity Crypto
Last but not least, Fidelity is a unique choice for US traders who want better access to BTC and ETH crypto funds within the platform. There aren't that many cutting-edge monitoring tools, but they won't be that crucial for Fidelity's cryptocurrency assets.
Fidelity is also different from other crypto trading brokers because it has a lot of different crypto ETFs, such as spot Bitcoin ETFs that were just released, a Metaverse ETF, and several other assets.
Fees: 1%
Best For: Traders and investors with a higher risk appetite.
No. of supported assets: 2
What is the Best Crypto Trading Platform in the USA?
When it comes to choosing the best trading platforms, crypto users need to understand that there's no one-size-fits-all approach. Some platforms, like Kraken, are better for experienced traders, while eToro is better suited for beginners.
But, overall, you cannot go wrong with Coinbase, Binance US, and Crypto.com, whether you're a user or a team trying to list your project on an exchange.
