Popular US Bitcoin Exchanges Every New Trader Should Know About

There are several US Bitcoin exchanges that you can use to purchase or trade the flagship cryptocurrency. However, before you choose an exchange, there are numerous aspects you need to know and consider.

If you are a first-time investor and trader, it is important that you know the differences between the crypto exchanges. The fee structure, security systems, customer services, supported order types and digital currencies all vary from crypto exchange to another. 

Therefore, before finalizing one exchange it is important that you know the different services offered by your possible options and then narrow down your list based on which exchange seems most suitable for you. Here are some of the top Bitcoin exchanges in the USA with some of their details. This can help you identify the best Bitcoin exchange USA according to your requirements, information, experience and other factors.

Popular US Bitcoin Exchanges Include Coinbase

Coinbase is arguably the largest Bitcoin exchange in the country. It is also one of the best platforms for people who are new to the world of crypto and intend on buying Bitcoin. This is a California-based exchange that was established in 2012. It now offers its services to more than 103 countries and has more than 30 million users.

Coinbase is one of the top exchanges you should know about as it offers several benefits to its users and caters to the needs of the crypto investors and traders, experienced and inexperienced alike. It has fewer payment options as compared to its competitors and has a slightly higher fee but it offers many advantages as well.

Here is why Coinbase is among the well-known US Bitcoin exchanges.

• It has a simple and easy-to-navigate user interface.
• You can see a wide array of digital assets in one place.
• It is a regulated crypto exchange.
• It prioritizes the safety of its users.
• It makes it easy to purchase Bitcoin and any other available crypto asset.
• It keeps users’ funds in cold storage for additional security.
• It supports payment through PayPal, bank transfers, credit or debit cards and bank deposits.
• It also has a Coinbase Pro version, designed for experienced traders.

Kraken Exchange

Kraken is one of the popular exchanges in the USA. This exchange was founded in 2011 and has since then grown into one of the top Bitcoin exchanges. One of its highlighting factors is that it offers excellent customer support which is better than some of its competitors in the market. 

However, whether it is the best Bitcoin exchange USA for you or not is for you to decide. Here are some of the benefits you can enjoy if you choose the Kraken exchange.

• It currently supports more than 50 digital currencies.
• It has a good reputation.
• It charges one of the lowest fees in the crypto market.
• It offers a remarkable customer support that is available around the clock.
• It accepts seven fiat currencies.
• It has impressive security features.
• It has a simple user interface.

Coinmama Exchange

Coinmama is one of the popular US Bitcoin exchanges in the crypto market. It is one of the largest exchanges in the country that supports Apple Pay. The Coinmama exchange was founded in 2013 and is now spread across 188 countries. It has more than 2 million users on a global scale. 

It is one of the safer exchanges in the crypto market and offers numerous other services as well.

• It has an amazing customer support system.
• The user experience is good as it has a simple user interface.
• The users can choose from the numerous payment methods such as Apple Pay, bank/wire transfer, debit/credit card.
• Bitcoin is sold directly.
• Every user has a private e-wallet key for additional security.

Binance US

If you are looking for the best Bitcoin exchange USA you should first know all your options so you can choose an exchange that is most compatible with you. Binance US is a popular exchange and is a version of Binance global, specifically launched for the US citizens. 

This exchange does not support the same number of digital assets as Binance global but is quite popular in the crypto space. Binance US was launched in San Francisco in 2019 and allows the users to buy, sell or trade Bitcoin and other supported crypto assets.

• It supports more than 50 digital currencies.
• It charges a low fee as compared to its competitors.
• It has a good interface which is easy to use.
• It offers utmost security.
• It supports payment methods such as credit/debit cards, bank transfers and bank deposits.

Conclusion

Looking for the top US Bitcoin exchanges can become easy and safe if you know your possible options. If you have some helpful information regarding different exchanges you can find it easier to identify which one is most suitable for you. Therefore, you should have the details that are mentioned above in detail.