When choosing the best crypto exchanges in USA, there are different factors that you need to consider. Security, transaction speed and coin support are some of the important things to consider when making a decision. The most important thing to take into account is fee structure of a crypto exchange.
There are plenty of crypto trading platforms with the lowest fees structures that are also credible and trustworthy. Here are some details of the best crypto exchanges in USA that charge the least amount of fees on your transactions.
Binance US - Best Crypto Exchanges in USA
Undoubtedly, Binance US is one of the most well-known and used crypto exchanges in USA. It is also one of the low-priced crypto exchanges across the crypto market.
Binance US employs trading fees that exceeds not more than 1%. Explaining this in simple words, the fees are much lower than 1% that (in most cases, range between 0.05% approx.). On top of being an exchange with competitive trading charges, Binance US is also one of the most legit crypto exchanges in USA. The platform itself implements several security protocols to make user funds safe and secure. The platform consists of some advanced security features such as a 2FA system (two-factor authentication) to ensure optimal log-in security.
Kraken
Same as other names on this list of best crypto exchanges in USA, Kraken is one of the most popular crypto asset trading platforms. It has contributed enormously to establish a long-lasting reputation for being a reliable and low-priced exchange for traders. Mostly the trading fees on this platform range anywhere from 0% up to 0.26% depending on the size of trade and other factors. The 0% trading model is legit, but to capitalize on this opportunity you must keep the size of your trades real small.
However, 0.26% is also a very competitive and user-friendly fee option. In case of negative market fluctuations, the amount you would lose is minute, which can be revived in future trades. Kraken is not just popular for its competitive trading rates, it is also one of the market's top US crypto exchanges with advanced cybersecurity. it is also considered to be a very secure space to trade crypto coins. Moreover, Kraken offers support to more than 150 different digital assets including tokens. Another cutting-edge feature of this platform is that it offers multiple payment gateways to sell and buy cryptocurrencies.
Coinbase
Coinbase is one of the earliest US-based crypto exchanges. However, Coinbase is a big jump when it comes to trading fees, especially when compared to trading platforms on this list.
The reason for Coinbase to be slightly expensive than other exchanges is that it provides users an amazing option to select between UX - user experience and fee expenses.
Coinbase fees model ranges from 1.49% up to 3.99%, based on user geographical location, the size of your trade, and either you are a receiver or sender, and so on. Clearly, these fees are quite high - there is no denying that.
Another reason for Coinbase to be a bit expensive is that it ensures top-tier security and offers amazing usability features.
This trading platform utilizes a minimalistic design, providing users easy to use UI which makes it a more suitable option for new traders, since they will not be overwhelmed with various and advanced trading options available. At last, Coinbase customer support is also remarkable. It is often noted that customer support responds to user inquires promptly. They provide exemplary services to attain 100% client satisfaction and retention rate.
PrimeXBT
PrimeXBT is also one of the top US crypto exchanges when it comes to low trading fees. New traders can open a free account. PrimeXBT is famous for offering advanced and attractive trading conditions as well as a competitive fees structure for both advanced and new traders. Users can easily go through the trading conditions and sign up for a Margin, Convesting, and Turbo account. The trading fees is 0.05% for Crypto assets, 0.01% for indices and commodities, 0.001% for forex majors, etc.
PrimeXBT has been honored with multiple international awards by providing superior online trading services globally. Users can access a wide range of markets through PrimeXBT. It has low trading fees and provides faster order execution and advanced platform features.
Also Read: FTX Exchange
Conclusion
If you want to minimize your trading costs by selecting one of the best crypto exchanges in USA with minimum fees, then Binance US, Kraken, and Coinbase are the most compatible platforms you can consider for trading crypto. These exchanges are not only better in terms of trading fees but also are trustworthy and credible.