As the world of cryptocurrency expands, finding the best exchange in the USA can be overwhelming. With so many platforms available and each offering unique features, it becomes crucial to pick one that suits your trading needs and ensures the safety of your investments.
A solid crypto exchange should prioritize top-notch security measures to protect your funds and personal data. And beyond security, ease of use is essential. Whether you’re a seasoned trader or a beginner, a user-friendly interface can make all the difference in managing your trades effectively.
Additionally, the best exchanges in the USA offer competitive transaction fees, a broad selection of cryptocurrencies, and high liquidity to ensure smooth transactions. In this blog, we’ll review and compare the top crypto exchanges of 2025, explaining their key features and helping you determine which platform best aligns with your trading goals.
Comparing the Best Crypto Exchanges in the USA
Here’s a list of nine best crypto exchanges in the USA in 2025:
Exchange | Cryptocurrencies | Maker Fees | Taker Fees | Payment Method |
Binance US | 158 | 0.10% – 0.02% | 0.10% – 0.04% | PayPal, Debit/Credit, UPI, Crypto. |
Whitebit | 277+ | 0.10% | 0.10% | Visa and Mastercard, Advcash, Qiwi, Mercuryo, Geo-Pay, Interkassa, monoband, and Perfect Money. |
XT Exchange | 131+ | 0.20% | 0.20% | Visa / Mastercard and Wire Transfer. |
BitMart | 1500+ | 0.10% | 0.20% | Credit/Debit Card, Apple Pay, Bank Transfer and P2P Transaction. |
Coinbase | 200+ | 0.40% | 0.60% | Cryptocurrency, Bank Transfer, Debit/Credit Card, PayPal and SWIFT. |
Kraken | 200+ | 0% – 0.25% | 0.1% – 0.4% | PayPal, Debit/Credit, Bank Transfer, Crypto. |
Crypto.com | 350+ | 0.075% | 0.075% | Credit/Debit cards, bank accounts, ACH, wire transfers, etc. |
Gemini | 80+ | 0.20% | 0.40% | Google/Apple Pay, Debit Card, ACH Transfer, Wire Transfer. |
Bitstamp | 82+ | 0.00% | 0.40% | Bank Transfer, Credit and Debit Cards. |
9 Best Crypto Exchanges USA in 2025
Binance US is the American branch of Binance, a global cryptocurrency exchange that was founded in 2017. Catering specifically to US-based traders, Binance US offers a more limited selection of cryptocurrencies due to regulatory restrictions but still supports over 100 digital assets. It is known for its low trading fees and user-friendly interface, making it accessible to both beginners and experienced traders. Binance US provides several advanced trading tools and charts, making it suitable for more seasoned investors looking for detailed market analysis and trading strategies.
Pros
- Low trading fees start from 0.1%, making it a cost-effective platform for users.
- Supports a variety of popular cryptocurrencies, allowing diverse investment options.
- Advanced trading tools and analysis features for experienced traders.
- User-friendly mobile app for trading on the go.
Cons
- Limited cryptocurrency selection compared to its global counterpart due to regulatory constraints.
- Availability restrictions; Binance US is not available in all US states.
- Some users may find the interface complex, especially beginners.
- Transparency and past security issues.
Whitebit is a prominent cryptocurrency exchange based in Europe, founded in 2018 by Volodymyr Nosov in Ukraine. After its inception, the platform relocated its headquarters to Lithuania. Whitebit has gained significant traction, boasting over 4 million users worldwide and averaging a daily trading volume of $2.5 billion. This rapid growth has positioned it as the largest cryptocurrency exchange platform in Europe. Notably, Whitebit made headlines in 2022 by purchasing the Eurovision microphone at an auction for $900,000, with the proceeds aimed at supporting the Armed Forces of Ukraine.
Pros
- Intuitive interface enhances user experience.
- Various security measures protect users’ assets.
- Supports over 270 cryptocurrencies for diverse trading options.
- Offers advanced trading features for experienced traders.
Cons
- Limited support for fiat currencies may hinder new users.
- Geographic restrictions may limit access for some traders.
XT.com is a global cryptocurrency exchange headquartered in Dubai. Established in July 2018 and registered under BZ Limited, it boasts approximately 6 million registered users and a broader ecosystem of 40 million users. XT.com offers a diverse range of trading services, including contract trading, exchange trading, OTC trading, and margin trading, with over 300 trading pairs available for buying, selling, and exchanging various digital currencies. The platform categorizes spot trading pairs into distinct groups such as Alts, BTC pairs, ETH pairs, Layer 2, Metaverse, USD pairs, and Web 3.0, enhancing the user experience through efficient navigation.
Pros
- Offers a wide variety of cryptocurrencies and fiat currencies.
- Enables replenishment in fiat currencies.
- Features competitive trading commissions.
- Provides leverage up to 125x.
- Includes a proprietary mining platform.
- Maintains large trading volumes and high liquidity.
- Presents a user-friendly trading terminal.
Cons
- Lacks investment programs, limiting options to deposits.
- Does not offer training programs or educational resources.
BitMart is a global cryptocurrency exchange that was launched in 2017 and serves users in over 160 countries. The platform allows trading in over 1,500 digital currencies and tokens, making it a go-to exchange for investors seeking small and mid-cap cryptocurrencies. Its broad asset range includes newly launched and lesser-known crypto assets. BitMart also offers an Earn feature, allowing users to gain interest in their crypto holdings, although this service is unavailable to US-based users. For experienced traders, BitMart provides perpetual swap trading with up to 100x leverage. Additionally, holding BitMart’s native token, BMX grants users trading fee discounts.
Pros
- Supports a vast number of cryptocurrencies.
- Offers crypto earning opportunities through the Earn feature.
- Provides a straightforward buy/sell option for cryptocurrency.
Cons
- Receives negative customer feedback.
Coinbase, founded in 2012, is one of the most well-known cryptocurrency exchanges, offering a platform for buying, selling, and storing digital assets. It is a publicly traded company with no physical headquarters, serving over 100 countries worldwide. The platform is designed to be user-friendly, providing a seamless trading experience for beginners and advanced traders alike. Coinbase supports a wide range of assets, with over 5,500 available through Coinbase Wallet. It also offers strong security measures, including insurance for digital funds and FDIC-insured USD accounts for enhanced protection.
Pros
- User-friendly interface and simple purchase process.
- Strong security features and positive user reviews.
- Supports staking for assets like Algorand (ALGO), Cosmos (ATOM), Ethereum (ETH), Tezos (XTM), Cardano, and Solana (SOL).
Cons
- High fees for convenience.
- Not available in all U.S. states.
- Staking for ADA, ETH, XTM, and ATOM is unavailable for New York residents.
Kraken, established in 2011, is one of the earliest U.S.-based cryptocurrency exchanges. Known for its robust selection of cryptocurrencies, the platform caters to both beginners and advanced traders. Kraken offers two main platforms: the basic Kraken platform and Kraken Pro. The basic platform has an “Instant Buy” feature, though its fees can be higher compared to the more advanced Kraken Pro, which offers lower fees through volume discounts. Kraken also stands out for its advanced trading tools, such as margin trading and futures, making it a popular choice for experienced traders.
Pros
- Offers advanced features like margin trading on Kraken Pro.
- Strong customer service support with a chatbot and phone options.
- Low Bitcoin (BTC) withdrawal fees.
- Provides comprehensive educational materials on cryptocurrency.
Cons
- Not available in all 50 U.S. states.
- No longer offers crypto staking to U.S. customers.
- Accepts only a few fiat currencies for deposits and withdrawals.
Launched in 2016 and based in Hong Kong, Crypto.com has quickly risen to prominence as a global cryptocurrency exchange. Currently available in over 90 countries, it supports more than 350 cryptocurrencies, offering a diverse range of assets for trading and investment. What sets Crypto.com apart is its comprehensive digital ecosystem, which includes its own blockchain, Crypto.org Chain, and its native token, CRO. The exchange also offers a crypto Visa card, yield-generating products, and an advanced mobile app, making it convenient for users to trade, earn interest, and spend crypto.
Pros
- Trading fee discounts are available for high CRO holders.
- Users can earn up to 8% cash back with the Crypto.com Visa debit card.
- Offers limited margin trading.
- High cybersecurity ratings ensure a safe trading environment.
Cons
- Higher trading fees for users with lower trading volumes.
- Customer support is lacking, leading to user dissatisfaction.
Founded in 2014 by Tyler and Cameron Winklevoss in New York City, Gemini prioritises security and regulatory compliance. It is one of the few exchanges with SOC 2 certification, which means third-party auditors have verified its security protocols. Additionally, Gemini offers hot wallet insurance, safeguarding user funds in case of a breach. The platform encourages two-factor authentication and device approvals for added account security. With a professional-grade trading dashboard, it supports over 80 digital currencies, including fiat. Users can also earn rewards through the Gemini Credit Card when making crypto purchases.
Pros
- Simple, intuitive user interface.
- Available in all 50 states, including New York.
- Users can earn crypto rewards with the Gemini Credit Card.
Cons
- Convoluted fee structure when not spot trading.
- Limited customer service options.
- Some popular coins, like Cardano (ADA), are unavailable.
Bitstamp is one of the oldest and most reliable cryptocurrency exchanges, having been founded in 2011. It gained recognition by becoming one of the first exchanges to receive a BitLicense in New York, a significant achievement in the crypto world. With over 80 cryptocurrencies available, Bitstamp caters to both beginner and experienced traders. The platform is accessible on both desktop and mobile, offering a pro version with advanced features. Bitstamp’s robust security measures, including two-factor authentication (2FA) and multi-signature hot wallets, enhance user safety.
Pros
- User-friendly interface.
- Competitive fee structure.
- Long-standing reputation in the crypto industry.
Cons
- A limited selection of supported currencies.
- Few staking options.
- Lacks margin trading or lending features.
How To Choose A Good Crypto Exchange?
Selecting a reliable crypto exchange is crucial for a successful trading experience. With many options available, understanding what to look for can simplify your decision. Here are essential factors to consider when choosing a crypto exchange.
Security
The safety of your crypto assets is the top priority when selecting an exchange. Look for platforms that implement strong security measures. These may include two-factor authentication (2FA), cold storage for assets, and insurance against hacks. Choosing an exchange with robust security protocols helps protect your investments from potential threats.
Reputation
In the fast-paced crypto market, a solid reputation matters. Research the exchange’s standing within the community. Platforms with positive user feedback and transparent operations are generally more trustworthy. Investigate any history of scams or security breaches. Selecting an exchange known for its integrity builds confidence in your trading activities.
Available Cryptocurrencies
Ensure the exchange offers the cryptocurrencies you plan to invest in. Some platforms focus only on well-known coins like Bitcoin and Ethereum, while others provide a wider selection of altcoins. Opt for exchanges that feature a diverse range of digital assets to maximize your investment opportunities.
Liquidity
Liquidity refers to how easily you can buy or sell assets without impacting their price. Higher liquidity ensures smoother transactions and lower slippage. During market fluctuations, having an exchange with strong liquidity can prevent potential losses. Look for exchanges that maintain high trading volumes to enhance your trading experience.
User Interface
A user-friendly interface makes trading accessible for all experience levels. Whether you are a novice or an experienced trader, a well-designed platform simplifies the trading process. Many exchanges now offer mobile applications, allowing you to trade conveniently from anywhere.
Fees
Understanding the fee structure of each exchange is vital. While most platforms charge similar fees, discrepancies can significantly impact your profits. Review the trading, deposit, and withdrawal fees associated with each exchange to find one that fits your budget and trading style.
Conclusion
Choosing the right crypto exchange in the USA requires careful consideration of several key factors. Look for platforms that offer strong security, a wide range of cryptocurrencies, responsive customer support, and transparent fees. Each of these elements contributes to a secure and enjoyable trading experience.
As you navigate the crypto landscape, remember that managing your investments is only part of the journey. Understanding your tax obligations is equally important. Crypto transactions can impact your taxes, and tracking them manually can be a daunting task.
This is where KoinX can simplify your experience. With its automated tax report generation, KoinX integrates seamlessly with various exchanges, wallets, and blockchains. It categorizes your transactions efficiently and calculates your tax obligations accurately.
Don’t let tax calculations hold you back. Sign up for KoinX today and streamline your crypto tax process!
Frequently Asked Questions
Why Are Many Crypto Exchanges Not Available in the United States?
The US has a complex regulatory environment for crypto exchanges. Federal and state laws impose stringent requirements that many exchanges find difficult to meet. As a result, some exchanges opt not to operate in the US to avoid facing legal challenges or penalties. This strict oversight aims to ensure compliance with financial regulations and protect users.
Are Crypto Exchanges Safe?
Crypto exchanges vary in safety. While most operate legitimately, there’s no guaranteed way to assess their transparency. Proof-of-reserve reports have improved this issue, but proper audits are still lacking. Publicly listed exchanges like Coinbase are safer due to required disclosures. However, private exchanges don’t face the same level of scrutiny, making it essential to research before using one.
Are There Any Crypto Taxes in America?
Yes, crypto is taxable in the US. The IRS treats cryptocurrency as property, meaning you’ll pay taxes on any capital gains made when selling or using crypto for purchases. If you receive crypto as payment, it’s taxed as ordinary income. You must report these transactions and pay the applicable taxes to stay compliant with the law.
Can the IRS Track My Crypto Transactions?
Yes, the IRS can track your crypto transactions. Crypto exchanges are often required to report user activity to the IRS, especially if certain thresholds are met. Additionally, blockchain technology allows for transparent and traceable transactions, making it possible for the IRS to monitor and enforce tax compliance for crypto activities.
