Crypto

7 Best Crypto Exchanges in the US | cryptopolitan

The cryptocurrency market is one of the most popular in the world, especially among Gen Z. Crypto exchanges have been in the news for several months. The failure of several crypto exchanges and crypto lending companies over the past few months has left investors unsure who to trust.

ChallengeMarket expansion has been dramatic, with only a decade separating the rise of Bitcoin and altcoins. Investing in cryptocurrencies has a number of pitfalls. The most important of these is the volatility of the sector, as prices are determined only by sentiment and not by the value of the underlying asset. Who can you trust to manage your funds among the many crypto markets risks?

Crypto exchanges in the United States

There are countless crypto exchanges currently operating in the market. This study describes and recommends only the best crypto exchanges operating in the United States. As with any other type of trade, you need to do your own research (DYOR) to be sure.

  1. Coinbase Global, Inc. (NASDAQ:COIN)

The American Exchange Coinbase Global, Inc. (NASDAQ: COIN) is headquartered in San Francisco, California. The company was founded in 2012 and offers many products and services. Coinbase is ideal for newcomers to crypto who are looking for a simple buying and selling experience without the hassle of external wallets and decentralized exchanges. Coinbase tops the list of best cryptocurrency exchanges.

Source: Coinbase

Coinbase Global customers can use a wallet, a NFT marketplace, asset exchange platform, smartphone app and API for retailers to accept cryptocurrency payments. ARK Investment Management, led by Catherine D. Wood, is Coinbase’s largest investor, with 7.7 million shares worth $497 million.

  1. kraken

Kraken is an American bank and crypto exchange. The company was founded in 2011 and is one of the most valuable crypto exchanges in the world. Kraken’s main office is located in San Francisco, California.

7 Best Crypto Exchanges in the US 2
Source: Kraken

Kraken’s cryptocurrency exchange supports nearly two hundred countries, has over nine million customers, and facilitates a quarterly trading volume of over $200 billion. Kraken is a wonderful option for new and experienced cryptocurrency investors and traders looking for minimal trading costs and access to a wide variety of coins.

  1. bitmart

bitmart, headquartered in the Cayman Islands, provides digital assets and investment services. It provides services to more than nine million consumers in more than 190 countries. Bitmart is one of the leading crypto exchanges in the world in terms of cryptocurrency support.

BitMart provides items for staking and savings. Bitmart offers a simple crypto buy/sell feature that allows newcomers to buy Bitcoin and other digital currencies using a variety of payment methods with just a few clicks.

The exchange also offers spot and forward trading for currencies. Additionally, Bitmart claims that its users are protected by an advanced system that combines hot and cold wallets with multi-signature technologies.

  1. bitget

Bitget is a private financial services company registered in the Seychelles. The company was founded in 2018. The Bitget exchange supports USDC derivative margin and allows customers to trade without token conversion. Additionally, Bitget allows both spot and futures trading.

In November 2022, the company partnered with soccer legend Lionel Messi for a marketing campaign. In terms of security, Bitget claims that it distinguishes between hot and cold wallets and has earned high marks from several companies. Bitget has a reserve of $300 million to protect its assets and operations against cybercriminals.

  1. Blockchain.com Exchange

blockchain.com is a British cryptocurrency company founded in 2011 that provides a range of services. The company is based in York, UK. The Blockchain.com exchange offers over ninety trading pairs, including BTC and cryptocurrencies.

In addition to a wallet and an explorer, Blockchain.com also offers financial products for institutional investors. The mining platform allows users to view transaction details if they have the hash code of the transaction. Additionally, Blockchain.com allows institutional investors to lend, borrow, and trade cryptocurrencies.

  1. Binance.FR

Binance.FR is the American subsidiary of Binance, the largest crypto exchange in the world. The startup was founded in 2017 when the US government banned its parent company. The new company intends to comply with all the regulations necessary for the operation of crypto exchanges in the United States.

7 Best Crypto Exchanges in the US 3
Source: Binance.US

Binance.US and its parent company have been a voice of reason following the collapse of major crypto exchanges such as Voyager Digital, Celsius, 3AC and FTX. Binance.US is an active participant in the US crypto market. In addition, the organization has established a Political Action Committee (PAC).

  1. Crypto.com Exchange

Crypto.com Exchange was founded in 2016 and is located in Singapore. In addition to an exchange, Crypto.com provides a wallet, mobile app, and marketplace for non-fungible tokens (NFTs). Several companies have partnered with Crypto.com to use cryptocurrencies for their products.

The Crypto.com exchange facilitates the trading of over forty distinct derivative products and over two hundred pairs. In November 2022, the company’s Cronos token lost market value following the collapse of FTX, despite assurances from the CEO that FTX and Crypto.com Exchange are unrelated.

Conclusion

In decentralized finance, crypto exchanges have assumed the function of banks. Just because there have been unscrupulous players in the crypto ecosystem does not mean that there is no hope for other crypto exchanges to succeed in the market. Do your own investigation before placing your Faith in these organizations.

Also, monitor their performance in the market as a whole and happenings on social media platforms, especially Twitter. If you find any discrepancy, you should always be ready to withdraw your money if you find any discrepancy.

#Crypto #Exchanges #cryptopolitan #Crypto

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