If You Live In America, These Are The 4 Best Crypto Exchanges You Must Know
Are
you a crypto trader who lives in USA ? Are you also looking out for the best crypto exchange or trading platform in USA
where you can carry out all your crypto trading activities?
The
best crypto exchange platform offers users optimum security, safe wallets, and
maybe a two-factor authentication. Moreover, it also has an interactive,
easy-to-use interface with a variety of cryptocurrencies for users to trade
with.
Here
are the 4 best crypto exchanges you must know if you live in America (These 4
exchanges all have their headquarters based in America):
1. Coinbase
Coinbase
is headquartered at San Francisco with over 20 million users on the platform
and $525 million in venture capital. The platform is easily accessible as it
adopts a very simple user interface, which even a novice will get used to over
a short period. Leading crypto bloggers are keen to point at this.
The
platform currently supports about 14 cryptocurrencies, but I can assure you
that your major trading cryptocurriencies are available, such as bitcoin, ethereum,
litecoin, and other highly valued cryptocurrencies.
The
commission on this platform is very minimal. For trading between currencies that
are linked to your Coinbase wallet, you get a commission that is as low as
0.5%. However, the commission can be as high as 1.49% for transactions linked to
your ACH account.
2. Kraken
Kraken
exchange was developed in 2011 in comparison wirh coinbase that was developed
in 2012. The crypto exchange platform currently has a large number of members
and a venture capital that's about $111.6 million.
Unlike
most of the other crypto platforms that have a fixed charge for each crypto
transaction you carry out, Kraken offers very attractive incentives depending
on the volume of your trade.
Other
than bitcoin, ethereum, and litecoin that are supported on most crypto exchange
platforms, Kraken supports about 15 other cryptocurrencies including Dash,
Ripple, and so on.
3. Bittrex
If
you are a crypto trader who likes to explore many cryptocurrencies,
Bittrex is your go-to crypto exchange platform as it allows you to trade with
over 100 cryptocurrencies, including bitcoin, ethereum, and litecoin.
Another
advantage this platform has more than some of the others is that it offers fiat
trading pairs, making it easy to make deposits in USD for residents in
California, Montana, New York, and Washington.
The
platform has a smooth user interface, but more than that, it offers a flat
commission of 0.25%. However, this commission appears to be a blessing until
large trading volumes are involved.
4. Gemini
Gemini
is a platform for every kind of person; that is, it is ideal for individuals as
well as for corporate organizations, who want to carry out secure, seamless,
and profitable crypto transaction on the platform.
The
challenge I have with this platform, however, is that its commission rate is
quite high compared to what other platforms charge. For example, the platform
charges a flat 1.49% for transactions above $200.
One
thing that makes this platform irresistible for and many others is how much
they are investing to make crypto payments seamless and better. Recently, they
joined with Flexa networks to make crypto payments really worthwhile.
Conclusion
America still ranks high as a leading global economy, and this means that it cannot be ignored. In this light these crypto exchanges are slugging it out for the affection of the crypto enthusiast who lives there.
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