Best Crypto Exchange For US Citizens

Cryptocurrency regulation has undergone a dramatic shift since Bitcoin came into existence in 2009. If we take the history of Cryptocurrency exchanges, the first ever crypto exchange is, with it’s launch in 2010. Following, the now infamous Mt Gox exchange launched in 2010. If you are looking for Best Crypto Exchange For US Citizens, then you’re at the right place.

The crypto ecosystem was a wild west back then without any regulation. People can trade crypto without identifying themselves under KYC or AML laws. Now, there are strict FATF guidelines and KYC/AML implementation on all Crypto exchanges with Fiat on ramp and off ramp.

As a result of increased oversight, cryptocurrency exchanges have greatly improved their security, reliability in trading and customer identification. At the moment, there are hundreds of crypto exchanges online. So, choosing the right exchange for you becomes a tedious task.

On top of that, a lot of Crypto exchanges restrict US Citizens and US residents from trading on their platform because of the strict US Securities laws. Also, many exchanges will not be able to launch trading service for many cryptocurrencies if they want to be in safe place on US laws.

So, what are the Best Crypto Exchange For US Citizens?

  1. Coinbase
  2. Gemini

If you are looking to read more on how we ranked them and here for a roundup of all best cryptocurrency exchanges that US Citizens can access globally, then keep reading our guide which dives deep into the Best Crypto Exchanges For US Citizens in 2021.


What is a Cryptocurrency Exchange?

Cryptocurrency exchanges have similar functionality as a stock exchange. That is, it is an online marketplace where you can buy/sell cryptocurrencies based on the market values running at the time. In a typical exchange, you will also be able to convert fiat currency to cryptocurrency and vice versa as well, apart from performing crypto-crypto transactions. Binance is one of the best crypto exchanges for USA citizens till now.

A lot of newbies to cryptocurrency get confused between a cryptocurrency wallet and an exchange. A wallet allows you to buy a small amount of cryptocurrency and store it. If you want to trade it with other digital assets like Ethereum, you need to do that through a cryptocurrency exchange.

To begin trading cryptocurrency, you will first need to set-up an online account on the exchange and complete the verification procedures. Once that is done, you need to send coins to your exchange account from the crypto wallet to start trading.

Note that different exchanges permit different coins for trading. If you do make a profit on the trade of your coins, there is no direct way to cash that out. You have to first convert them to the basic coins you began trading with (for instance, Bitcoin or Etherum) and then send them to the crypto wallet. Once in the crypto wallet, they can be cashed out to fiat currencies.

Why Do Some Cryptocurrency Exchanges Restrict US Traders from Trading?

One of the catalysts for the USA Government to take this action, and consequently, crypto exchanges are the two legal cases against BitMEX, a crypto derivatives exchange. The founders of this exchange and the company in itself were charged with violating the KYC and money laundering-based regulations. There were many other allegations against them too. BitMEX sped up its requirement of customers to be verified, bringing back the deadline to November 5, 2020, from the original deadline slated to February 2021.

Deribit, another similar exchange like BitMEX blocks US traders based on the IP addresses they trade from. Even they have made it compulsory for the users to get verified by the end of 2020.

Overall, this banning of USA citizens is more nuanced. It started way back in August 2017 when Bitfinex, one of the most popular exchanges at that time when they announced that they would be discontinuing their services to USA customers. The reasons they stated were about the difficulties in crypto-fiat banking, predictions that the regulation against them would become harder, and the general unimportance given by USA customers towards the exchange’s revenues.

Why Are US Citizens Singled Out From Crypto Exchange Access?

A similar case occurred when Poloniex dropped trades for nine cryptocurrencies in the USA reasoning for it as ‘unclear securities motivation’. Binance, again, one of the most popular cryptocurrency exchanges in the USA said that by September 12, it would stop offering trades to American citizens.

However, they are in the process of creating another exchange fully compliant with regulations in the USA, specifically for customers in America. Some of the other big exchanges which have taken this measure of restricting/banning US-based traders are Bancor, Coineal, Huobi Global, OKEx, Korbit, etc.

The reasons stated by cryptocurrency experts and owners of these exchanges blame the regulatory approach by the USA towards the crypto that could hamper innovation. They all collectively want a clear framework that looks towards an optimistic future in crypto, so that the US can take full advantage of the blockchain technology. Not only are the regulations restrictive, but they are also too unclear, according to some experts.

But, almost all of them still believe that the Government will tune in on to the opportunity in this space. Some of the bills which are in consideration for a positive development of the cryptocurrency environment in the country are – Token Taxonomy Act, Blockchain Promotion Act, and the U.S. Virtual Currency Market and Regulatory Competitiveness Act.

Factors to Choose the Best Crypto Exchange for US Citizens

The USA has been an edgy environment for crypto-traders to start trading with the regulations unclear and the Government still in the process of making this form of financial activity mainstream. But it does not take away the advantage of cryptocurrency trading.

Of course, there are many exchanges still operating in the United States. But, if you are from the country and want to trade on the best crypto exchange for US citizens, you have to look for some factors beyond the usual – Location, Transaction Fees, UI, Security, Volume, and Liquidity.

Strict ID Requirements

The majority of the cryptocurrency exchanges in the USA, follow a similar verification process. The first step almost always is electronic identity identification that involves filling up the blanks asking for personal information. For accounts with more value or higher transaction volume, you may need to submit more documents for verification.

This step may not exist in cryptocurrency exchanges in the USA that do not accept fiat currencies. If they do, this is a step to verify and regulate the funds entering and leaving the platform.

Following this, some exchanges may also ask for uploading a valid Government ID and proof of residence. Some of them even ask for a photo identity confirmation with a written declaration to match you with the document.

Identity requirements are necessary to maintain the authenticity of traders on the platform, though it is cumbersome for the new user. But most of it is just a one-time process, and the platforms have clear instructions on what needs to be done to verify at first. Look for only the best crypto exchange for USA citizens that follow a strict identity requirement process; this is a sign of authenticity and security on the platform.

Fiat Currency On Ramp Off Ramp

An exchange can either be on-ramp or off-ramp. On-ramp cryptocurrency exchanges refer to a platform where you can exchange fiat money for cryptocurrency. This is a step most beneficial to new users, because the first time they get a coin, it has to be through exchanging some of the fiat money they want to invest. While this can happen in exchanges, not all of them allow this. In such a case, there are OTC markets where users exchange fiat currency with each other with mutually agreed prices. However, only large companies procure money from OTC markets.

Off-ramp cryptocurrency exchanges refer to a platform where you can exchange cryptocurrency for fiat money or other products/services. The user will ultimately need the amount they got from the trading/investment in fiat currency because that is still the most commonly accepted form in the world. Many on-ramp exchanges have off-ramp facilities, but there may be a limitation in the total amount off-ramped in a single day, week, or month. Check your account and its terms and conditions before signing up.

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Both this form of best crypto exchange for USA citizens is essential in bringing new people to the cryptocurrency market. The more they are integrated seamlessly with the traditional financial world, the better it is for its future.

Liberal Trading Limit for your Crypto Account

Post the measures taken by the Government to make crypto-exchanges stricter, deposit, and withdrawal limits apply for more accounts. To unlock a bigger limit, you will need to provide more verification.

There are separate limits for cryptocurrency deposit and withdrawal and fiat currency deposit and withdrawal on most platforms. Also, the limits are considered over rolling periods of typically 24 hours.

While choosing the best crypto exchange for USA citizens, choose one whose limits match with your volume of trading. Also, check the different verification documents required for more liberalization in trades and see if you can produce it conveniently on the platforms. All in all, this limit is still a good sign as it restricts heavy trades to some extent, which at this moment has some impact on how the entire cryptocurrency prices move.

Regulatory Compliance

It is hard to find consistency in the laws of the United States for cryptocurrency. Whatever is in the law-books varies from state to state, and many forms of federal authorities also have a different definition for cryptocurrency. Here are some cryptocurrency exchange regulations in the USA


For instance, the Financial Crimes Enforcement Network says that cryptocurrency is not legal tender. From 2013 onwards, it has considered exchanges to be transmitters of money if their tokens are used as a substitute for conventional money. While choosing the best crypto exchange for US citizens, note the regulations that bind it:

SEC Regulation 

As of now, SEC has the authority over the resale or fresh issuance of digital assets or token that constitutes security. In broad terms, security according to US Law is an investment contract into an enterprise with an expectation of reasonable amounts of profits.

CFTC Regulation 

This regulation is more lenient than the SFC regulation, and this describes Bitcoin as a commodity as opposed to security. It allows public trade of cryptocurrency derivates.


Bitlicense regulates business activities in the New York State that a business establishment conducts with a New York resident. Under this regulation, it regulates business activities in virtual currency when it is either receiving the virtual currency, storing / holding / maintaining virtual currency, selling or buying a virtual currency as business and/or performing Exchange services with virtual currency.

Crypto Trading Pair

A trading pair in simple terms is a trade between two cryptocurrencies. For example, if the trade is between Ethereum and Bitcoin, the trading pair will be ETH/BTC. While you can of course trade cryptocurrency for cash, some cryptocurrencies can only be purchased by other cryptocurrencies. Crypto exchanges also have a set number of cryptocurrencies and possible crypto trading pairs. So, while choosing the best crypto exchange for USA citizens, you have to identify if your preferred crypto trading pair is available at the exchange.

Crypto Exchange Security

After all, a cryptocurrency exchange is an online platform for trades, and it is exposed to malicious activities. They are common targets for hackers and cybercriminals to make money from different cryptocurrency schemes. Some of the common attacks on crypto-exchange platforms include phishing, compromised / malicious registration forms which can steal your valuable personal data, hacked platforms, third party fake application impersonating as the real one, malware and hacking attempts specifically designed to mitigate current cyber-safety measures.

While choosing the best crypto exchange for USA citizens, make sure it has a robust security protocol. It helps to choose the most popular cryptocurrency exchange in the USA which has a large base of happy users.

What is the Best Crypto Exchange for US Citizens?

For a newbie investor, cryptocurrency maybe a little intimidating at first especially with news floating around about its punishing/rewarding highs and lows, scams, and fake platforms. But having said that, it is easiest now than it has ever been to invest in Cryptocurrency thanks to high-quality platforms. These combine strong security measures with an intuitive user interface to allow any user to trade with just a few clicks. But beware! There are many fake platforms out there that offer eye-candy rewards for trading through them, but they might end up hacking you off your information. So, always go for the more trusted and best crypto exchange for US citizens.

Coinbase – Best Crypto Exchange For US Citizens


Coinbase was started just 3 years after Bitcoin was launched in 2009, so it has been on the scene for long. No wonder, it is one of the most used cryptocurrency exchanges in the USA. Also, it is fully licensed and regulated as per government norms. Coinbase can be operated from more than 40 states and territories in the USA. The behemoth crypto exchange Coinbase is going public soon.

Features Of Coinbase For Crypto Trading

This platform is used for buying and selling different cryptocurrencies. It is usual for newbie investors to buy their first Bitcoin through Coinbase because it is just so popular and easy to use. This is typically a brokerage service, but then comes Coinbase PRO. This version of the platform is designed for more experienced users, and here you can trade using different cryptocurrencies like Bitcoin, Ethereum, etc.

Further, they have the Coinbase Wallet as well that can be accessed via an app on Android or iOS. It stores the secretive keys on the device of the user and only they can access them when required. Apart from this, Coinbase also supplied services to merchants where they can accept cryptocurrencies as a mode of payment by embedding them on their website.

Coinbase Fees

They charge a flat fee of $2.99 or 1.49% of the total transaction, whichever is higher, when you buy or sell crypto in Coinbase

Coinbase Pro Fees

On the other hand, Coinbase Pro fees is really low at just 0.5% on both the maker and taker side of the transaction. If you trade more than $10K in a month, then the fee percentage reduces further. Similarly, they have 7 higher trading volume levels, which will net you additional discount in fees. But, don’t trade with fee reduction in mind, if you are a retail investor.

Gemini – Best Crypto Exchange for USA Citizens with Instant Funds Availability


The Gemini Exchange was started by two twins, Cameron and Tyler Winklevoss, and they are famous now for nearly owning 1% of the total Bitcoin in the world and of course, the prestigious Gemini Exchange. It is the best crypto exchange for USA citizens that is fully licensed and compliant with all government regulations. Also, it has one of the highest banking standards used in its transactions. Gemini Exchange is available for use in almost all states in the USA and even outside it in countries like Canada, Hong Kong, UK, Singapore, etc.

Features Of Gemini Exchange

One factor to note: The Gemini exchange only supports Bitcoin and Ethereum, and as of 2020, according to their latest update, you can also deposit fiat currency (only US$) to the platform.

Gemini provides a clean, user-friendly interface for you to trade your coins and watch the market. But since it does not support many cryptocurrencies like other trading platforms, the trading volume is concentrated mostly on Bitcoin and Ethereum.

You can also deposit on the platform through the automated clearing house (ACH) in the US or wire transfers.

Gemini Exchange Trading Fee

The fee structure of Gemini is different from other cryptocurrency exchanges, as in, it depends on your 30-day trading volume. There are six tiers of fees divided into three categories – Taker Fee, Maker Fee, and Auction Fee for both Bitcoin and Ethereum. Every midnight UTC, these fees are recalculated depending on the trade volume.

In addition to this, there are network fees for depositing Gemini Bitcoin or Gemini Ethereum. The wire transfers for deposit also carry a fee.


Binance US – Giant Crypto Exchange With Low Trading Fee


Easily one of the best crypto exchanges for USA customers out there, Binance was founded in 2017 with a focus on trading with altcoins – Coins apart from the conventional Bitcoin and Ethereum. As a result, you can trade with more than 600 trading pairs in this exchange. Although there are some pairs between fiat currencies and crypto, the majority involve cryptocurrency-cryptocurrency transactions.

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Features Of Binance.Us Exchange

The first thing to note – Binance does not allow the initial deposit via a Fiat currency, so you will need to do it with a cryptocurrency. You can easily do it via Bitcoin or Ethereum because most exchanges convert fiat currency to these popular coins.

The interface of Binance is typical for a stock-trader with options to choose which coins are favorites and watch them more closely. You can also choose the limit, set a stop-limit, and easily buy or sell an altcoin with a click of a button.

For withdrawing from Binance, you need to set-up two-factor authentication, and remember, you can only with-draw in either Bitcoin or Ethereum.

For the more experienced trader, Binance Advanced provides more advanced graphs which in detail distinguish the price movements between Bitcoin and Ethereum. Also, you get access to Candlestick bars that provides viewing of the lowest, highest, and closing prices of various cryptocurrencies over a specific period.

Binance US Exchange Fees

For the maker side and taker side, it is 0.1% each. If you use the native currency of Binance that is BNB, the fees are lowered by 25%. With the change in trade volume, however, the cost comes down to 0.02% for both trading sides (maker and taker).


Top Crypto Exchanges Comparison

Exchanges Pros Cons
Gemini User Interface is Intuitive

Has Good Security Standards in Place

Accepts US Dollars

Not many cryptocurrencies to trade with

Personal verification can be cumbersome

Coinbase Accepts Fiat Currencies

Robust Security Features

Only the most well-known cryptocurrencies are available to trade from

Not accessible from all countries and with all currencies

Fees are relatively higher

Binance US Widely Popular

100+ Cryptocurrency available to trade

Enables Two-Factor Authentication

Little Overwhelming for Beginners to trade Crypto


Kraken – Only for Experienced Crypto Traders


Kraken had a history of ups and downs before it established itself as one of the most trust-worthy cryptocurrency exchange sites in the USA. It was the first crypto exchange to be featured in Bloomberg Terminal. It closed for some updates in 2018 and re-opened after a week. While some users believe that it is good they are solving problems at first, others are skeptical about the relative instability in its operations. All in all, it is one of the best exchanges for cryptocurrency in the USA.

Features Of Kraken Exchange

Kraken Exchange allows trading in fiat currencies as well as for cryptocurrencies. It supports multiple currencies such as USD, EUR, GBP, etc. The trading volume of the Euro is the largest in Kraken exchange than any other in the market. At the time of writing, it supports 38 different cryptocurrencies and their corresponding trading pairs that are higher in number.

The users fall into Tier-1 or Tier-2. Tier-1 users can only deposit and draw cryptocurrencies, and there is a limit of $2,500 for it per day. Tier 2 allows you to draw and deposit fiat currencies as well, with a limit of $2,000 per day for them. Users can fall into the Tier-2 category by providing more means of verification of themselves while registering.

Depending on the level of trading skills you have, you can choose between Simple, Intermediate, and Advanced as options for trading.

Kraken Exchange Fees

0.0005 BTC to draw Bitcoin and 0.005 ETH to withdraw Ethereum. With an American bank account, the withdrawal fee is $5, otherwise, it is $60.

Pros Of Kraken Trading

  • Reliable and Secure
  • Fees are low for traders from the USA with an American bank account
  • Wide range of fiat currencies accepted on this platform

Cons Of Trading In Kraken

  • Customer service is poor
  • The high fee of withdrawal for outside-US bank accounts
  • It has a history of cyber-attacks although it improved its security features after that – Global Crypto Exchange is best for beginner and advanced traders alike to trade with multiple forms of deposits and different digital currencies. This cryptocurrency exchange platform in the USA has been registered in the United States as Money Services Business and is licensed under the Financial Crimes Enforcement Network (FinCEN), a regulatory network.

Features of Exchange

You can either use Bitcoin or fiat currency to buy some digital assets on Some of the coins available are even lesser-known, so you get a good collection of trading pairs. The platform as of the time of writing supports four fiat currencies, USD, EUR, GBP, and RUB, and also various payment methods such as Visa, Mastercard to deposit money. So, this front runner for the best crypto exchange for USA citizens is integrated with the conventional financial world.

There are four types of accounts on, Basic, Verified, Verified Plus, and Corporate. Verified Plus and Corporate accounts are for highly advanced traders. With each increase in the tier, you get higher withdrawal and deposit limits and more payment options for a deposit. For instance, for Basic Accounts, the accepted means of payment for fiat currencies is only Visa or Mastercard.


Taker Fee – 0.25%, Maker Fee – 0.16%, and Withdrawal Fee – 0.0005 BTC.

Pros Of Using

  • Intuitive User Face – Good for both Beginner and Advanced Traders
  • Customer Support is Great
  • Trade Margin Options for Advanced Traders

Cons Of Using

  • Lesser Trading Pair Options


PayPal Crypto

The future for the cryptocurrency is exciting with Paypal announcing that it has partnered with Paxos to launch the next best cryptocurrency exchange of 2021 in the USA. In just a few months’ time, users will be able to buy, sell, or hold cryptocurrencies on the PayPal platform.

Services Or Features of PayPal Crypto

According to the initial reports, the PayPal platform will support Bitcoin, Bitcoin Cash, Ethereum, and Litecoin for starters. You will be able to use your Paypal account to buy and sell the cryptocurrencies. Paxos, on the back end, will take care of the security and trading. You may also be able to use cryptocurrency for purchases via Paypal, so this is a great way to integrate them for everyday purchases as well, without conversion to fiat currency.

Fees To Trade Crypto In PayPal

Initial estimates/reports suggest that the charges for fiat-cryptocurrency and vice versa transactions will be 2.3% for transactions less than $100 to 1.5% for transactions above the value of $1,000. A minimum fee of $0.50 will apply for small transactions too.

RobinHood Crypto

Robinhood Crypto, despite the controversies it had been involved in due to the brand’s philosophy and its dealings with user privacy, is still one of the best crypto exchanges for USA residents. To begin with, this crypto exchange in the USA was a free stock trading platform that eventually ventured into the exciting world of crypto.

Services Or Features Of Robinhood Crypto

Since this is a crypto-exchange platform, the exchange and trade of cryptocurrencies are easy on this platform. Since you can directly use the cryptocurrency stored here for your trade, it is best suited for faster and easier trades. There is no added step here to retrieve / store money to a separate crypto-wallet.

Robinhood Crypto provides support to all major cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and few others. If you want to only trade using the well-known coins, Robinhood Crypto helps cut the unnecessary information about the other altcoins.

To ensure security, you can turn on the two-factor authentication for using this app, as well as set custom pins.

Fees: According to some reports, Robinhood Crypto is an entirely free platform to use. But there have been speculations about some ‘hidden fees’ mentioned in the user agreement documents of the service.

Pros Of Using Robinhood Crypto

  • User-Friendly Platform
  • Accepts Fiat Currencies

Cons Of Using Robinhood Crypto

  • Potentially Unsecure due to central custody
  • Potential Hidden Fees
  • Limited Coins Availability
  • Every Transfer Requires the User to Verify
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Cash App

Cash App is not just one of the best cryptocurrency exchanges for US residents; it is a fully-fledged financial platform. It allows direct deposits, transactions using a debit card, investment in stock markets, etc. In the section on investing in stocks, users can also put money in Bitcoin.

Features of Cash App To Invest In Crypto

With just a click of a button, users can buy/sell Bitcoin but the fees will not be known until the user makes a trade. Another rare feature of this application is that users can withdraw or deposit Bitcoin directly from the network. Once you have purchased the Bitcoin on the Cash App, you can withdraw it into your crypto wallet and own full custody of it. When you want to sell, you can deposit it back to Cash App.

You can only use Bitcoin on this platform for now. Since Cash App is only available in the UK and US, only USD and GBP are supported as fiat currencies.

Fees To Trade Crypto In Cash App

Around 1.75% of the total value of the transaction. It used to be a lot lower and now it is too high. Exercise caution and compare fees before choosing this route.

Pros of Using Cash App To Invest In Crypto

  • Simple to use since Bitcoin is the only supported coin
  • Option to deposit and withdraw Bitcoins directly

Cons of Using Cash App To Invest In Crypto

  • Bitcoin trading fees are a little high comparatively
  • No altcoins available to trade
  • Accessible from limited countries and in limited fiat currencies


LocalBitcoins Review

It is a marketplace where people on the platform can buy and sell Bitcoins. LocalBitcoins is popular to act like the Craigslist for Bitcoins.

Features of LocalBitcoins Exchange

Unlike other platforms, you can communicate with the buyer/seller of Bitcoins directly via this platform. Combine that with a wide array of payment methods available and an escrow system for added convenience and security. But since anyone can become a seller, beware of fake IDs and scammers. It is a place if you want to purchase Bitcoins using your preferred payment method that may not be available elsewhere. But you will need to be very careful about the security.

Each trader is provided with a reputation rank and the history of their purchases. To add to this, you can even buy Bitcoin anonymously, but with new regulations requiring Customer KYC, this feature might not last for long.

LocalBitcoins Fees

Buying and selling Bitcoins on this platform is free. For users who make ads, they are charged a 1% fee for every trade.

Pros Of Using LocalBitcoins

  • Multiple payment options
  • Can access from worldwide
  • Fewer fees on the platform for transactions

Cons Of Using LocalBitcoins

  • Hard to expect security
  • Exchange rates are usually high


How to Avoid Crypto Exchange Hacks?

As a user, it is vital to be cautious while using cryptocurrency. Since it is a relatively new financial asset, the security measures are new and a target for cyber attackers. Following some basic measures apart from obviously, choosing a safe platform to trade on, can make cryptocurrency transactions secured for you to an extent:

  • It is ideal to store tokens and cryptocurrency in a hardware wallet or paper wallet and put it up in a locked safe when not in use. So, the question of hacking is not in the equation for some part of the transaction
  • Keep your private keys in a secure location and preferably, not in the place where you store your wallet
  • Do not hold cryptocurrency on exchanges more than a small amount that you want to trade or buy and sell quickly
  • Use multi-factor authentication
  • Avoid talking or discussing your crypto moves in a public meeting or forum. The more secretive you keep, the better it is


Crypto Exchanges Sending Tax Forms

The various tax authorities in the USA like IRS, ATO, HMRC, and CRA use multiple techniques to track cryptocurrency transactions and enforce compliances to pay the applicable tax. Some exchanges such as Coinbase share the information of users’ purchases directly to the tax authorities such as the IRS.

Some of them send a 1099-MISC tax form for your crypto trades. And, some of them send a 1099-K tax form. Also, some exchanges never send any tax information to you. But, it is your duty and responsibility to furnish all your crypto information to the IRS and pay your taxes properly. Failure to do so may result in heavy penalties later.

The tax authorities also use data analytics tools to identify cryptocurrency users and tie them to a cryptocurrency exchange or offline wallets. Some crypto exchanges also provide 1099 tax forms to the investors. In short, cryptocurrency is a taxable asset in the US, and be on time to pay them!

BTC Price Forecast and Long-Term Price Predictions

Bitcoin and other cryptocurrencies have long been the interest of analysts and investors to predict how the coins will fare in the long term. Some optimistic predictions have estimated Bitcoin prices to reach more than a million dollars in the next decade! Whereas, some realistic predictions are still optimistic over the overall increase in Bitcoin prices despite the many falls it may face on the way.

There could be two reasons for these. Firstly, Bitcoin can be a universal currency without any by political restrictions. Secondly, since it is a digital currency, it can be more convenient to use for payments and value transfer. But again, Bitcoin is a very new financial asset in comparison to other traditional ones, so invest wisely after a lot of studies.


Takeaway – Best Crypto Exchange For US Citizens

If you have reached all the way down here, I hope you got your answer for the best crypto exchange for US Citizens. Just make sure to first familiarize yourself with the top 3 recommendations first and then slowly branch out into other exchanges.

The top recommendations from CryptoandFire are

  1. Coinbase
  2. Gemini
  3. Binance US

I hope you find value in our content. If you have questions or suggestions, please feel free to leave them in the comments and we’ll get back to you.

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