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10 Best Crypto Exchange For USD – Secure & Low-Fee Trading

10 Best Crypto Exchange For USD – Secure & Low-Fee Trading

In this article, I will discuss the best crypto exchange for USD, exploring platforms that offer the most reliable and secure options for trading cryptocurrencies with U.S. dollars.

Whether you’re a beginner or an experienced trader, choosing the right exchange is crucial for optimizing your trading experience, minimizing fees, and ensuring the safety of your investments.

Key Points & Best Crypto Exchange For USD List

ExchangeKey Points
Binance USLow trading fees, wide range of cryptocurrencies, high liquidity, strong security features, user-friendly interface.
GeminiRegulated in the U.S., secure, offers both spot and institutional trading, advanced charting tools, insured custodial services.
eToroSocial trading platform, easy-to-use, supports fiat and crypto, ideal for beginners, offers copy trading features.
Huobi GlobalWide range of cryptocurrencies, high liquidity, global reach, strong security features, offers advanced trading tools.
PhemexLow trading fees, high-speed trading, offers derivatives and spot trading, user-friendly, mobile app available.
Gate.ioOver 1800+ crypto pairs, low fees, supports DeFi, staking, and lending, offers futures and margin trading.
LunoHigh-level security with 2FA and encryption
PrimeXBTOffers leverage trading, supports crypto, forex, and commodities, fast execution, user-friendly platform.
CoinmamaUser-friendly, supports credit card purchases, no hidden fees, simple interface, great for beginners and investors.

10 Best Crypto Exchange For USD

1.Binance US

A Binance U.S.-regulated cryptocurrency exchange with over 130 cryptocurrencies and competitive trading fees starting at 0.1%, Binance US was founded in 2019. In order to accommodate users with different degrees of experience, it offers both simple and advanced trading platforms.

Binance US

Other features include an over-the-counter (OTC) trading desk for high-volume transactions, a tax gateway for easy tax reporting, and staking services with alluring annual percentage yields (APY). However, several U.S. states, including as New York, Texas, and Vermont, do not provide Binance US. ​

FeatureDetails
Cryptocurrency SupportOver 60 cryptocurrencies including BTC, ETH, ADA, and more.
Trading Fees0.1% for both makers and takers, with discounts for high-volume traders.
Deposit MethodsUSD deposits via bank transfer, wire transfer, and debit/credit cards.
SecurityTwo-factor authentication (2FA), cold storage for assets, and insurance.
User InterfaceBeginner-friendly, mobile and desktop platforms available.
RegulationCompliant with U.S. regulations, licensed in most states (not all states).
StakingSupports staking for select cryptocurrencies.
Trading PairsMultiple USD trading pairs for various cryptos.

2.Gemini

Gemini is a U.S.-regulated cryptocurrency exchange that provides a safe platform for purchasing, selling, and storing digital assets. It was established in 2014 by Cameron and Tyler Winklevoss. It offers more than 470 trading pairs and supports more than 80 cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

Through its ActiveTrader platform, Gemini offers features like limit orders, spot trading, and sophisticated charting tools.

Gemini

The platform places a strong emphasis on security, providing up to $200 million in insurance coverage and keeping the majority of assets in cold storage.

In addition, Gemini offers educational materials through its Cryptopedia and accepts Gemini Pay at many US shops. Users should be aware, nevertheless, that several U.S. states, such as New York, Texas, and Vermont, do not have access to Gemini. ​

FeatureDetails
Cryptocurrency SupportOver 80 cryptocurrencies including BTC, ETH, LTC, and more.
Trading Fees0.5% fee for standard trades, lower for high-volume traders.
Deposit MethodsUSD deposits via ACH, wire transfer, and debit/credit cards.
SecurityTwo-factor authentication (2FA), cold storage, insurance for digital assets.
User InterfaceBeginner-friendly, mobile app, and desktop platform.
RegulationFully regulated in the U.S., including licenses in various states.
StakingOffers staking for select assets, including ETH and others.
Trading PairsMultiple USD trading pairs for various cryptocurrencies.

3.eToro

Founded in 2007, eToro is a global trading platform that enables users to invest in stocks, cryptocurrencies, and other assets. Both novice and seasoned traders can benefit from its user-friendly layout.

With the use of eToro’s CopyTrading tool, users may mimic the tactics of profitable investors. Litecoin (LTC), Ethereum (ETH), and Bitcoin (BTC) are just a few of the many cryptocurrencies that the network supports.

eToro

However, U.S. users can only trade Bitcoin, Bitcoin Cash, and Ethereum at this time owing to regulatory changes. eToro places a strong emphasis on security, protecting user accounts and money with strong methods like encryption techniques and two-factor authentication.

FeatureDetails
Cryptocurrency SupportSupports popular cryptocurrencies like BTC, ETH, LTC, and more.
Trading FeesFees included in spreads, ranging from 0.75% for crypto trades.
Deposit MethodsUSD deposits via bank transfer, PayPal, credit/debit cards.
SecurityTwo-factor authentication (2FA), regulated by top financial authorities.
User InterfaceEasy-to-use platform with CopyTrading feature for beginners.
RegulationFully regulated in the U.S. by FINRA and other authorities.
StakingStaking options available for certain cryptocurrencies.
Trading PairsMultiple USD trading pairs with crypto and stocks.

4.Huobi Global

HTX, a cryptocurrency exchange founded in 2013 with its headquarters located in Singapore, was originally known as Huobi Global. For both new and seasoned traders, it provides an extensive range of digital assets, such as Bitcoin (BTC), Ethereum (ETH), and more than 700 other cryptocurrencies.

HTX offers a range of trading alternatives, including futures contracts, margin trading, and spot trading, in addition to sophisticated charting tools for in-depth market monitoring.

Huobi Global

The platform prioritizes security, protecting user assets using multi-signature wallets and cold storage. HTX changed its name in 2023 to reflect its dedication to international growth and cryptocurrency market innovation. ​

FeatureDetails
Cryptocurrency SupportOver 700 cryptocurrencies including BTC, ETH, and more.
Trading FeesStarting at 0.2% for spot trading, with discounts for high-volume traders.
Deposit MethodsUSD deposits via bank transfer, and third-party payment processors.
SecurityTwo-factor authentication (2FA), cold storage, and insurance for digital assets.
User InterfaceAdvanced platform with mobile and desktop apps for trading.
RegulationCompliant with global regulations, but not available in all countries.
StakingSupports staking for select cryptocurrencies.
Trading PairsWide range of trading pairs, including USD pairs for many cryptos.

5.Phemex

Phenex is a cryptocurrency exchange that was founded in 2019 and provides both new and seasoned traders with an easy-to-use interface. It offers a varied trading experience by supporting more than 250 digital assets, including as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Phemex accommodates a range of trading methods by providing spot and derivatives trading with leverage up to 100x.

Phemex

Free trading bots, duplicate trading, and the Phemex Earn program—which lets users earn interest on their cryptocurrency holdings—are examples of unique features.

With strong account protections and cold wallet storage, the platform places a high priority on security. However, citizens of other nations, including the US, are unable to obtain Phemex due to regulatory limitations. ​

FeatureDetails
Cryptocurrency SupportOver 250 cryptocurrencies including BTC, ETH, and more.
Trading Fees0.1% for both makers and takers, with discounts for high-volume traders.
Deposit MethodsUSD deposits via bank transfer, credit/debit cards, and P2P transfers.
SecurityTwo-factor authentication (2FA), cold storage, and insurance for digital assets.
User InterfaceEasy-to-use platform with mobile and desktop apps.
RegulationCompliant with industry regulations, though not available in all countries.
StakingOffers staking for select cryptocurrencies.
Trading PairsMultiple USD trading pairs available for various cryptos.

6.Gate.io

Founded in 2013, Gate.io is a cryptocurrency exchange renowned for its wide range of trading choices and digital assets. More than 2,500 trading pairs, including spot and margin trading, and more than 1,400 cryptocurrencies are supported.

The platform increases traders’ cost-effectiveness by providing zero-fee trading for USD spot pairs, including BTC/USD and ETH/USD.

Gate.io

For both new and seasoned traders, Gate.io also offers services including futures, options, and a Web3 wallet. It’s crucial to remember that Gate.io does not allow withdrawals of fiat money, including USD. ​

FeatureDetails
Cryptocurrency SupportOver 1,400 cryptocurrencies including BTC, ETH, and more.
Trading Fees0.2% for both makers and takers, with discounts for high-volume traders.
Deposit MethodsUSD deposits via bank transfer, and third-party payment processors.
SecurityTwo-factor authentication (2FA), cold storage, and multi-signature wallets.
User InterfaceUser-friendly platform with mobile and desktop apps.
RegulationNot fully regulated in all jurisdictions, operates globally.
StakingSupports staking for select cryptocurrencies.
Trading PairsWide range of trading pairs, including USD pairs for many cryptos.

7.Luno

Luno is recognized as one of the best crypto exchanges for USD, offering a secure and user-friendly platform for buying, selling, and trading cryptocurrencies.

Luno

It supports popular assets like Bitcoin and Ethereum and provides competitive fees, fast transactions, and strong security measures. Luno’s simple interface makes it ideal for both beginners and experienced traders looking to trade in USD.

FeatureDetail
Exchange NameLuno
StatusBest Crypto Exchange for USD
Supported CryptocurrenciesBitcoin, Ethereum, and other major coins
Platform AvailabilityWeb, iOS, Android
FeesCompetitive trading fees
SecurityHigh-level security with 2FA and encryption
User ExperienceSimple and easy-to-use interface
Deposit MethodsUSD deposits via bank transfer and cards
Global AccessibilityAvailable in multiple countries

8.PrimeXBT

The Seychelles-based trading platform PrimeXBT was founded in 2018 and provides access to both conventional and cryptocurrency markets. It allows users to trade a variety of assets, such as commodities, FX, indices, and cryptocurrencies, and accepts deposits in USD and other fiat currencies.

PrimeXBT

Both novice and experienced investors can benefit from the platform’s Covesting module, which lets users replicate the trading tactics of profitable traders. It’s crucial to remember that citizens of some nations, notably the US, are not able to use PrimeXBT. ​

FeatureDetails
Cryptocurrency SupportOffers a variety of cryptocurrencies including BTC, ETH, and more.
Trading Fees0.05% per trade for both makers and takers.
Deposit MethodsUSD deposits via bank transfer, credit/debit cards, and third-party services.
SecurityTwo-factor authentication (2FA), cold storage, and robust account protection.
User InterfaceAdvanced platform with mobile and desktop apps for trading.
RegulationNot fully regulated in all jurisdictions; operates globally.
StakingNo staking options available.
Trading PairsMultiple trading pairs including crypto and forex, with leverage options.

9.Coinmama

Founded in 2013, Coinmama is an easy-to-use exchange that allows users to buy cryptocurrencies like Ethereum and Bitcoin with US dollars.

Coinmama

It provides access in more than 190 countries and accepts bank transfers and credit/debit card payments. Coinmama prioritizes security by moving cryptocurrency straight to user wallets and not storing customer funds, even though its costs are greater than those of rival exchanges.

FeatureDetails
Cryptocurrency SupportSupports 15+ cryptocurrencies including BTC, ETH, and more.
Trading Fees5.5% fee for credit card transactions, with additional processing fees.
Deposit MethodsUSD deposits via credit/debit cards and bank transfers.
SecurityTwo-factor authentication (2FA), non-custodial exchange with direct wallet transfers.
User InterfaceSimple and intuitive platform for beginners.
RegulationCompliant with EU and U.S. regulations, available in 190+ countries.
StakingNo staking options available.
Trading PairsLimited to direct crypto purchases; does not offer advanced trading pairs.

Conclusion

Finally, The best cryptocurrency exchange for USD is determined by a number of variables, including supported coins, fees, and security. Low trading fees and sophisticated tools are only a couple of the things that Binance US, Gemini, eToro, and others provide.

Think about your requirements, whether you’re looking for a platform that’s easy for beginners to use or more sophisticated trading alternatives. Security and regulatory compliance should always come first.

Frisco d'Anconia is a journalist by profession and a Free Market Activist in Africa. He's has been in Bitcoin since 2011 teaching Bitcoin to college students.