Best Crypto Exchange in USA 2021: Top Platforms Reviewed

Finding the Best Crypto Exchange in the USA for 2021

As cryptocurrency surged in popularity during 2021, selecting the right exchange became crucial for American investors. With varying regulations, security protocols, and trading features across platforms, identifying the best crypto exchange in the USA required careful evaluation. This comprehensive guide analyzes top contenders based on security, fees, coin selection, and usability to help you navigate the booming digital asset landscape.

Key Selection Criteria for US Crypto Exchanges

We evaluated exchanges using these critical factors:

• Regulatory Compliance: FINRA registration and state money transmitter licenses
• Security Measures: Cold storage, 2FA, and insurance coverage
• Fee Structure: Trading commissions, deposit/withdrawal costs
• Supported Cryptocurrencies: Diversity beyond Bitcoin and Ethereum
• User Experience: Mobile apps, charting tools, and educational resources
• Payment Methods: ACH, wire transfers, and debit card options

Top 5 Crypto Exchanges in the USA for 2021

1. Coinbase Pro

The most beginner-friendly platform with robust regulatory compliance:

• Pros: FDIC-insured USD balances, 50+ cryptocurrencies, intuitive mobile app
• Cons: Higher fees for instant purchases (1.49%)
• Best For: New investors and recurring purchases

2. Kraken

Preferred by active traders for advanced features:

• Pros: Low 0.16% maker fees, futures trading, staking options
• Cons: Complex interface for beginners
• Best For: Technical traders and altcoin enthusiasts

3. Gemini

Industry leader in security and insurance:

• Pros: SOC-certified cold storage, free ACH transfers, Gemini Earn program
• Cons: Limited altcoin selection
• Best For: Security-focused investors

4. Binance.US

Low-cost leader with extensive coin offerings:

• Pros: 0.1% spot trading fees, 100+ cryptocurrencies
• Cons: Not available in all states
• Best For: Cost-sensitive traders

5. eToro

Unique social trading platform:

• Pros: CopyTrader technology, commission-free stock trading
• Cons: $5 withdrawal fee, spread markups
• Best For: Social investors and beginners

Exchange Comparison Table

Platform	Fees	Coins	Security
Coinbase Pro	0.50%	50+	FDIC Insurance
Kraken	0.16%	60+	95% Cold Storage
Gemini	0.35%	40+	SOC Certified
Binance.US	0.10%	100+	SAFU Fund
eToro	1% Spread	30+	Regulated

Getting Started With Crypto Exchanges

Follow these steps to begin trading:

1. Verify identity with government-issued ID
2. Connect bank account via ACH or wire
3. Enable two-factor authentication
4. Start with small test transactions
5. Explore educational resources first

Frequently Asked Questions

What’s the most secure US crypto exchange?

Gemini leads in security with SOC-certified cold storage and $200M insurance coverage.

Which exchange has the lowest fees?

Binance.US offers the lowest spot trading fees at 0.1%, though availability varies by state.

Can I trade crypto derivatives in the US?

Kraken offers regulated futures trading, while most platforms only support spot trading.

Are exchanges FDIC-insured?

Only USD balances (not crypto) are FDIC-insured on Coinbase and Gemini.

Which platform is best for beginners?

Coinbase provides the most intuitive interface with educational rewards for new users.

Final Recommendations

Selecting the best crypto exchange in the USA for 2021 depends on your priorities: Coinbase for beginners, Kraken for active traders, Gemini for security, Binance.US for low costs, and eToro for social features. Always verify state availability and start with small amounts as you explore the dynamic cryptocurrency market.