5 best crypto exchanges in USA are given here. ID Registration requirements, trading fee/withdrawal fees, trading limits/withdrawal limits and supported cryptocurrencies are shared in this blog post.
5 Best Crypto exchanges in USA
Coinbase –
San Francisco based Coinbase exchange was founded way back in 2014. The same is undoubtedly the best crypto exchange in the United States of America. This exchange offers an easy user-friendly UI and trading experience. Due to the easy interface coinbase becomes first choice for new traders and pro investors.
Coinbase exchange offers two types of interfaces; simple interface for beginners and advanced interface for pro investors. Coinbase has a strong security therefore this exchange is never hacked in last 6-7 years.
Coinbase joining details for USA people – Make table
ID – US Government issued id.
Selfie – Upload selfie during id verification.
Trading limits – Unlimited trading for US residents.
Trading withdrawal limits – $25,000 per day.
Trading fees -Taker fees – 0.05% and 0.25%, Maker fees – 0% to 0.15%.
Fiat currency support – Supports USD deposit and various other fiat currencies.
Deposit withdrawal methods – ACH, Credit card, Debit card, Wire transfer.
Withdrawal fees – Debit/Credit card – 3.99%, wire transfer – $10 fee.
Supported cryptocurrencies
Coinbase supports 39 plus cryptocurrencies including BTC, ETH, DASH, EOS, LINK XRP. Tether crypto is not supported by coinbase exchange. USD coinbase users get USDC as a USD pegged stable coin from coinbase exchange.
Binance.US
This version of Binanace is the dedicated version for US. Binance is the world’s largest cryptocurrency exchange. Similar to coinbase this currency is also based in San Francisco. Us Binance cryptocurrency exchange launch date was September 2019 more importantly it is the exchange with 15% off Binance global traffic.
Coinbase joining details for USA people
ID requirements – US Government issued id with selfie.
Trade limits – Strict
Trade deposit limit – $5000 to $30000.
Trading withdrawal limits – $5000 to $30000.
Trading fees – Spot trading – 0.1$, instant buy/sell fees 0.5%.
Fiat currency support – Supports USD deposit and withdrawals.
Deposit withdrawal methods – ACH.
Supported cryptocurrencies – BTC, ECH, XRP, BCH, LTC, BNB, and USDT.
CEX.IO
This is a new exchange in US in comparison to others. CEX.IO was launched in 2019. This exchange also offers two different trading platforms One For Beginners and 14 uses.
ID requirements – US Government issued id for basic verification and address verification for higher tiers.
Trade limits – Basic verified accounts – $1000 and Address verified accounts – $10,000 per day (purchase), upto $50,000 (withdrawa).
Trading fees – maker/taker model – 0.16 to 0.25%, 2.99% fee.
Withdrawal fees – 3% and $25 service fee depending on withdrawal method.
Fiat currency support – USD,EUR,GBP and RUB.
Deposit withdrawal methods – ACH transfers, SWIFT, SEPA.
Supported cryptocurrencies – BTC, ETH, DASH, LINK, LITECOIN AND RIPPLE.
Gemini
This crypto change is based in NYC and fully complained with NY state law. This exchange was launched in 2014 by Winklevoss brothers. It is a high regulated crypto exchange platform and works with regulators to ensure compliance.
Requirements to open account
ID – US Government issued photo id, address verification. Not more than 90 days old utility bills for address verification.
Selfie – Upload selfie during id verification.
Trading limits – No trading limits for US residents.
Buying limit – $500 per day.
No limit on – wire transfer, digital asset transactions.
Trading fees – 0.25% (maker/taker fee structure).
Fiat currency support – USD, HKD, CAD and AUD.
Deposit withdrawal methods – Local US bank account withdrawals, wire transfers, credit card, debit card.
Supported cryptocurrencies – BTC, ETH, LTC, BCH, ZEC, LINK, OXT and DAI.
Kraken
It offers straightforward trading services and complex trading service such as margin trading.
Requirements to open account
ID – US Government issued id, address verification US residencde.
Trade limits – Depending on verification level.
Withdrawal limit – $5000 to $10 million depending on verification level and trade volume.
Trading fees – 0.14% and 0.26% for traders with less then $1 lakh in monthly trade volume.
Fiat currency support – USD, EUR, GBP, CHF, CAD and AUD.
Deposit withdrawal methods – FedWire and SWIFT.
Supported cryptocurrencies – BTC, ETH, XRP, ADA, LINK, REP, FIL, OXT and DAI.