Best Crypto Exchanges USA | Regulated Platforms (2023)

Top Crypto Trading Platforms in the USA

To find the top crypto exchanges in the USA, we conducted a thorough evaluation of over 50 platforms. Our review methodology considered key factors such as regulatory compliance with US laws, range of assets, ease of use, deposit options in USD, fees, and more. Based on this analysis, we have put together a list of the top five exchanges for investors in the USA.

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1. eToro

eToro is the best overall crypto platform in the US that allows investors to trade a wide range of asset classes, including cryptocurrencies, stocks, commodities, currencies, indices, and ETFs. With its innovative social-trading features such as Copy Trading, and a Virtual Account that enables users to practice trading with up to $100K in virtual funds, eToro is considered to be the best overall cryptocurrency exchange for investors seeking a comprehensive and user-friendly trading experience.

• Fees: Deposits & withdrawals are completely free and crypto trades are subject to a 1% flat fee.
• Supported Assets: 70+ cryptocurrencies, 3000+ stocks, 18 indices, 27 commodities, 49 fiat currencies and 300 ETFs.
• Regulation & Licensing: Regulated & Licensed by FINRA & FinCEN.
• Customer Support Options: 24/7 support via live chat, email & online ticketing system.
• USD Deposit Methods: Bank Transfer, Credit/Debit Card, PayPal & ACH.

If you would like to learn more about this exchange, visit our eToro Review.

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2. Uphold

Uphold is a digital-asset exchange that offers over 250 cryptocurrencies to buy, sell and stake with zero fees and tight spreads. It is based in San Francisco, and is registered, regulated and licensed by FinCEN. It has a great reputation in the industry and is considered the most trustworthy platform in the USA as it provides proof-of-reserves that shows customer funds are backed 1:1.

• Fees: Free ACH deposits and zero commissions on trades. Spreads are variable and average around 0.5%.
• Supported Assets: 250 cryptocurrencies to buy and stake.
• Regulation & Licensing: Regulated and Licensed in the USA by FinCEN.
• Customer Support Options: 24/7 support via live chat and email.
• USD Deposit Methods: Wire Transfer, Credit/Debit Card, ACH, Google Pay & Apple Pay.

If you would like to learn more about this exchange, visit our Uphold Review.

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3. Bybit

Bybit is a Non-KYC cryptocurrency exchange based in Singapore but is offers services to residents in 180 countries. It supports derivatives trading of 400+ coins with up to 100x leverage. One of Bybits biggest advantages is that it doesn’t require KYC to sign up, which means you can get started with an email address and password without needing to verify your identity or home address.

• Fees: Deposits and withdrawals are free and there are 0.1% fees on spot markets and the maker/taker rebate is 0.01%/0.06%.
• Supported Assets: 400+ cryptocurrencies.
• Regulation & Licensing: Not regulated by any government authority (hence no KYC requirements).
• Customer Support Options: 24/7 support via live chat, email, ticketing system & phone.
• USD Deposit Methods: Wise, Credit Card, Debit Card, SEPA, Paysera, Bank Transfer, Revolut, iDEAL, Maestro & Google Pay.

If you would like to learn more about this exchange, visit our Bybit Review.

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4. Binance.US

Binance.US is the largest cryptocurrency exchange in the world with over 120 million registered users. The platform offers users a wide variety of trading types, including spot, margin, derivatives, options and futures markets. In addition to trading, Binance also offers a variety of crypto staking options, as well as borrowing and lending services that provide high APYs (yields).

• Fees: Deposit & withdrawal fees vary depending on your method and are between 0.5% – 1.8%. Spot trading is 0.1% and the derivatives maker/taker rebate is 0.02%/0.04%.
• Supported Assets: 130+ cryptocurrencies.
• Regulation & Licensing: Regulated by the FinCEN.
• Customer Support Options: 24/7 support via live chat, email & online ticketing system.
• USD Deposit Methods: SWIFT Transfers, Credit Card, Debit Card, Banxa & Simplex.

If you would like to learn more about this exchange, visit our Binance Review.

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5. Coinbase

Coinbase is one of the most popular crypto exchanges for US residents as it’s based in the United States. It offers useful features like a free crypto trading demo account so you can practice before taking on real market risk and a crypto card, where you can spend your tokens on real life purchases. It also supports several popular cryptocurrencies such as Bitcoin, Ethereum, Solana, and 100 more.

• Fees: 2% fees to deposit and withdraw on Coinbase. 1.49% fee to trade assets.
• Supported Assets: 100+ cryptocurrencies.
• Regulation & Licensing: Licensed and Regulated by the FinCEN.
• Customer Support Options: 24/7 support via live chat and email
• USD Deposit Methods: Bank Transfer and Debit Card or Credit Card.

If you would like to learn more about this exchange, visit our Coinbase Review.

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Is Buying Crypto Legal in the USA?

Yes, buying cryptocurrency is legal in the United States. However, there may be certain regulations and laws that vary by state and the use of the cryptocurrency. It is important to research and comply with any applicable laws and regulations before making a purchase. Additionally, taxes may apply to any cryptocurrency transactions.

The regulation of cryptocurrency in the United States is currently handled by a combination of federal and state agencies, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and FinCEN. These agencies have jurisdiction over different aspects of the cryptocurrency market, such as securities laws and money transmission regulations.

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How are Crypto Exchanges Regulated in the US?

Crypto exchanges in the US are regulated by a patchwork of federal and state laws. The main federal regulator is the Financial Crimes Enforcement Network (FinCEN), which enforces anti-money laundering (AML) and know-your-customer (KYC) regulations. Additionally, the Commodity Futures Trading Commission (CFTC) regulates crypto derivatives trading, and the Securities and Exchange Commission (SEC) regulates crypto assets that are considered securities. State regulators also have their own laws and licensing requirements for crypto exchanges operating within their jurisdiction.

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The Bottom Line

In conclusion, the United States offers a secure and convenient environment for cryptocurrency enthusiasts, with exchanges that follow the regulations set forth by the U.S. Securities and Exchange Commission (SEC). Our experts have compiled a list of the top 5 trading platforms in the country, including eToro, Uphold, Bybit, Binance US, and Coinbase, to provide you with a reliable and trustworthy experience when buying, staking, and trading crypto assets.