All providers on our list are US government-regulated and licensed to operate within the US. Many providers on our list also carry crime insurance covering fiat currency and digital asset theft. See which crypto exchange is right for you and learn how to start investing in crypto today. Our founders, Cameron and Tyler Winklevoss, were early investors in cryptocurrency and struggled to find a platform where they could securely manage their growing portfolio.

How to trade crypto

Headquartered in Japan, bitFlyer serves over 2.5 million customers worldwide. It’s a solid choice for beginners who are primarily interested in trading a handful of major cryptocurrencies. Some downfalls of the platform are its limited coin selection topped with high spreads on instant trade and lack of live customer support should you run into any immediate issues. According to Binance, it’s the largest staking platform in the U.S.

Liquidity for Certain Trading Pairs

  • If there is a flat market and the price does not move along the trend for a long time, rebalancing and other fees will lower your balance.
  • Spot trading is typically done using a trader’s own assets and without leverage.
  • Overall, Binance.US is a great platform for US-based traders who are looking for a secure and user-friendly platform with potentially low fees.
  • That’s why we were the first crypto exchange to introduce support for hardware security keys across mobile devices.
  • Always check live stats for the latest data for mentioned platforms.
  • Overall, Bitfinex is a great choice for traders who are looking for a platform with a wide range of supported crypto assets, advanced trading tools and products, and strong security features.

Overall, Kraken is an excellent option for traders who prioritize security, reliability, and a wide range of trading options. Its user-friendly mobile app, top-notch customer support, and low fees make it a compelling choice for both new and experienced traders alike. You can get started on this platform with as little as a $10 minimum deposit. While eToro offers over 100 crypto assets globally, only 19 tradable cryptocurrencies are available in the U.S.

Get started with the OANDA app

The platform stands out for a user-friendly interface that makes one-time or recurring crypto transactions a snap. While Gemini offers an amazingly easy-to-use interface, the platform comes with some drawbacks. For one, it has a convoluted fee structure—and the fees do add up. For instance, there’s an added 1% convenience fee plus a 1.49% transaction fee for web and mobile instance orders.

How much money do you need to buy crypto?

They built Gemini to deliver the first trusted platform that focused on strong security controls and compliance. Make smarter trades with deep liquidity, powerful charting capabilities, and ultra-low fees. Execute your strategies with advanced order types and high-speed APIs designed to meet every trading need.

When trading derivatives, you are not trading a real asset but a contract that guarantees its security. Perpetual derivatives are the most popular in the Forex and cryptocurrency markets, as they are a simpler and more liquid trading instrument. One of the basic methods is to choose a leverage ratio that allows for significant market drawdowns. This is especially true in crypto space, which is characterized by increased volatility and lower predictability compared to Forex. It is difficult for novice traders to choose the optimal leverage ratio. After opening long/short trades, traders need to maintain a certain margin threshold.

While we cover a range of products, our comparison may not include every product or provider in the market. Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision. Finder US is an information service that allows you to compare different products and providers. We do not recommend specific products or providers, however may receive a commission from the providers we promote and feature.

Not only can you buy and sell hundreds of coins using Crypto.com, but you can also earn rewards by stashing 20-plus tokens and stablecoins. The exchange also offers a Visa prepaid debit card that lets you earn rewards when you use it to spend your crypto. One of the few exchanges on our list with a flat fee structure, Uphold lets you trade more than 250 currencies and offers staking for at least 19 coins. To be more precise, Binance.US is a subsidiary company of Binance that complies with US regulations regarding crypto.

What is the best beginner-friendly crypto trading site for trading Bitcoin?

Daily statements will be sent to your email address if there is any deposit or withdrawal on your Paxos crypto trading account, or if you have any holdings. Webull Financial LLC is a CFTC registered Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). Futures and futures options trading involves substantial risk and is not suitable for all investors.

Even if you are a novice trader, you have probably heard about spot markets. It’s the simplest way to trade, offered by almost all centralized crypto exchanges. The positive account balance serves as collateral, since the transaction is partially secured at the expense of a trader’s funds. This mechanism is TradeAllCrypto also used on platforms focused on crypto leverage trading and cross margin trading, which provides greater flexibility in risk management. In long trades, traders buy assets at a fixed price and sell them at a higher price. Thus, traders can make a profit, even without the participation of an exchange or broker, simply by buying cryptocurrency and reselling it.

Finder’s investments experts reviewed over 40 cryptocurrency platforms available to narrow down the best exchanges in the USA for trading and investing in crypto. Only platforms registered with the Financial Crimes Enforcement Network operating in the US were considered part of the final methodology. Paybis stands out for effortlessly turning cash into crypto, blending simplicity with global reach. Supporting over 40 fiat currencies and payment methods like cards, bank transfers and e-wallets such as Sktrill, it caters to users in 180+ countries. Whether you’re grabbing bitcoin (BTC) or ether (ETH), purchases are swift, secure and delivered straight to your personal wallet, keeping you in charge every step of the way. Before you entrust your assets to a crypto exchange, ensure that security is a priority for the company.

  • Due diligence and research are incredibly important when choosing a crypto exchange you can trust.
  • This feature makes it significantly easier for traders to get started, especially for those who are new to the cryptocurrency world.
  • EToro has a slick, intuitive platform that new crypto users will like.
  • Well-known in the crypto world, Coinbase joined the S&P 500 index in May 2025—making it the first crypto exchange to accomplish the feat.

Thus, Binance is accesible to people all over the globe, while Binance.US is tailored to US-based users. EToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs. Whether you’re a beginner or a seasoned pro, CEX.IO is definitely worth considering when looking for a reliable platform for trading cryptocurrencies.

There are no gas fees required for trading, as the network uses efficient message passing between nodes. Hyperliquid is powered by HyperCore, a custom-built Layer 1 blockchain and off-chain matching engine working in tandem. If you are a novice trader, I do not recommend using leverage until you gain enough trading experience in regular trading.

You’ll want to make sure that your personal information and funds are safe and protected from hackers and other potential threats. Whether you’re a seasoned trader or a crypto newbie, this guide will help you find the perfect platform to suit your needs. So, let’s take a closer look at each of the exchanges listed, highlighting what makes them stand out from the crowd. When you’re ready to move your assets out, access the withdrawal function on Hyperliquid and follow the on-screen steps to send funds back to your non-custodial wallet. Throughout the withdrawal process, you maintain full control of your assets.