Best Crypto Exchange USA For 2022 Revealed

Last Updated May 2nd 2022
5 Min Read

If you are based in the USA and interested in cryptocurrency trading, you will need to sign up an account with a top-rated crypto exchange. 

There are hundreds of crypto exchanges to choose from and most operate without a regulatory license. Therefore you need to choose wisely before risking any of your money. 

In this guide, we discuss the best cryptocurrency exchanges in the USA right now based on a number of core metrics including fees, regulations, supported market, user-experience.

List of USA based crypto exchanges - Quick Overview

If you are strapped with time and simply require an overview of the best crypto exchange in the USA right now -  consider the three top providers below 

  • eToro - Overall Best Crypto Exchange in the USA
  • Coinbase - ​​User-Friendly Bitcoin Exchange With High Fees
  • Binance - Low-Cost crypto exchange in the US

>>>Buy Cryptos in the Best US Exchange <<<

 

Get Started With The Best Crypto Trading Platform In USA Today

If you want to start trading cryptocurrencies now, then here is a quick guide explaining how to get started with the eToro crypto exchange in the USA in 5 simple steps. 

  • Step 1: Open an Account - First, you have to visit the eToro website and open an account by entering your personal and contact details.
  • Step 2: Upload ID - Now, you have to upload a copy of your passport or driver’s license. The verification will be done instantly. 
  • Step 3: Deposit Funds - The next step is to deposit some funds into your eToro account with a US debit or credit card or even an e-wallet like PayPal. It also supports USA bank transfers. 
  • Step 4: Search for the coin - Just enter the preferred token into the search bar and click on the ‘Trade’ button. 
  • Step 5: Buy crypto - Finally, to buy the cryptocurrency, enter your stake and click on ‘Open Trade’ to complete your purchase.

And that is it - you’ve just learned how to buy cryptocurrencies at the USA’s number one crypto exchange - eToro. 

 

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Everyone seems to want their fair share in the cryptocurrency market these days. Opening an account in a suitable crypto exchange is the best way to start your trading or investment journey. A crypto exchange is necessary to buy or sell cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

Crypto exchanges provide you with the tools required to buy and sell digital currencies and tokens. To help you pick up the right one, we have combed through the reams of data to determine the best crypto exchanges in the USA for 2022. 

Best Crypto Exchange USA - Full Reviews

Choose an exchange that offers a unique set of features and attractions. 

There are several significant factors to consider while choosing a US cryptocurrency exchange; some are supported assets, fees, payment methods, and security. Considering all these factors, here are the top 3 cryptocurrency exchanges in the USA for you to choose from. 

1. eToro

eToro is one of the cheapest but best crypto exchanges available in the USA.

One of the best and newest cryptocurrency exchanges available in the United States is eToro. It offers more than a dozen cryptocurrencies and comes with a unique social trading feature that lets users copy the trades of other investors. Unlike most of its rivals, eToro has a direct and clear pricing structure that garners the attention of several traders and investors.

Yet another factor that makes eToro one of the most appealing crypto exchanges in the USA is its user-friendly nature. Users can easily deposit funds with a USA debit or credit card. Additionally, when it comes to fees, eToro is a true market leader. 

2. Coinbase 

Another crypto exchange that is very popular in the USA is Coinbase.

Coinbase is one of the most secure and user-friendly platforms for buying and selling cryptos. 

Coinbase offers a large number of supported cryptocurrencies and a high level of security. The platform is known as one of the most beginner-friendly platforms. It mainly targets its exchange to casual traders with little to no experience in trading cryptocurrency and offers them an opportunity. 

Along with that, Coinbase provides an advanced trading platform, the Coinbase Pro making it a suitable option for professional traders as well. Launched back in 2012, it is also one of the most established crypto exchanges in this space. 

3. Binance.US

Binance.US offers a large number of trading pairs, making it one of the best crypto exchanges in the US market. 

With its relatively lower fees, Binance.US has grabbed the attention of investors across the USA. It is the American partner of Binance, the world’s largest cryptocurrency exchange by trading volume. The platform offers over 65 cryptocurrencies for investors to choose from. Moreover, Binance.US has an easy-to-use ‘buy or sell’ option for beginners. All the advanced traders can avail the benefit of its in-depth “basic” and “advanced” trading platforms. 

Don't Miss: What Are The Most Popular Cryptocurrencies In The USA?

How To Find The Best Cryptocurrency Exchanges In The USA

There are some key factors to consider before choosing any cryptocurrency exchange in the US. 

Regulation And Safety

Always ensure that the crypto exchanges offering services to USA users are regulated. Exchanges like eToro are both authorized and regulated, making them the best option for investors or traders. 

Security

With the number of online fraudsters rising rapidly, improving the security of funds and making your account less vulnerable is highly crucial. This is why security is a significant feature to consider while choosing an exchange. Always ensure that the exchange has enough security measures like two-factor authentication.  

Payments

Once your account is created and opened, funding is the next necessary step. Exchanges like Coinbase allow you to deposit funds with a USA debit or credit card but have a huge transaction fee of 3.99%. But platforms like eToro only charge 0.5% to deposit funds with a debit or credit card. Payment is certainly a crucial factor to consider since some exchanges only accept payment in digital currencies. 

Commissions

A user needs to pay a commission to buy and sell cryptocurrency online which varies across exchanges. Always ensure that the exchange you choose offers relatively fewer commission charges.

eToro could be the best exchange if you are looking for a user-friendly, established platform that supports many cryptocurrencies. However, the choice of crypto exchange completely relies on whether you want a large number of digital assets to trade, the lowest possible fees, or the most beginner-friendly user experience. 

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In Summary 

Now you know the most important metrics to consider before choosing an exchange. If you’re planning to start cryptocurrency trading or investing in the USA, then these would be the best crypto exchanges to choose from for 2022. 

In summary, we found that eToro is the overall best crypto exchange in the USA - not least because the platform is fully regulated and it offers super low fees. Additionally, when using eToro exchange, US clients can start investing from as little as $10 when buying cryptocurrencies. 

eToro — The Best Platform To Buy Cryptocurrencies In The USA

Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.

eToro cryptocurrency trading

Virtual currencies are highly volatile. Your capital is at risk.

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