Trading Platform
Everyone seems to want cryptocurrency these days. But to get in on the action, you’ll need a crypto Trading platform where you can buy and sell digital currencies, like Bitcoin, Ethereum and Dogecoin.
To Find best one crypto trading platform in US ,We’ll answer all of these questions and list 5 of the best cryptocurrency exchanges and platforms that allow you to buy Bitcoin and other tokens.
Going forward, we’ll use BTC, which is the symbol for Bitcoin on exchanges and trading platforms.
Coinbase – Best Crypto Exchange.
Kraken – Great Bitcoin Exchange.
Binance – Great Advanced Trading Platform.
Voyager– Great Global Cryptocurrency Exchange.
BlockFi– Best for holding Crypto Exchanges.
1. Coinbase
Coinbase is by far the most popular and one of the best cryptocurrency exchanges because you can invest directly with USD. You can currently purchase Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens on the platform. Furthermore, you can earn interest on your USDT, and you can earn token rewards by completing various activities.
Plus, when you open a Coinbase account, you get a $5 bonus!
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Good selection of tokens and coins to invest in
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High level of
security and trustworthiness
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High fees unless using Coinbase Pro
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User does not
control private keys in wallet
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Slow to adopt popular new cryptocurrencies
2. Kraken
Kraken is one of the original crypto trading platforms and they have a good selection of coins and tokens to trade and invest in. They also allow margin trading. However, it’s a real exchange, and not as easy to use as some of the top platforms on this list.
Kraken is one of the few platforms on this list that allow you to trade in DOGE and other, more risky, tokens
Note: Kraken offers a limited section of coins and tokens to US customers versus international customers.
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One of the longest running crypto exchanges
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High level of security and trust
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Large variety of crypto and tokens to trade
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One of the more difficult platforms to use
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Some reports of poor customer service
3.Binance
A great platform for getting into some currencies like Cardano or Neo.
Not as easy to use as some of the top platforms on this list, but they do have one of the most robust trading platforms out there. They do have a decent mobile app, but again, not as easy to use and we’ve been frustrated with it. Try Binance here.
Note: Binance.us is the US-version of the platform and has limited coins and tokens to invest in versus the international version of Binance.
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Huge amount of supported coins and tokens
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U.S. has limited options compared to worldwide
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Not available in all 50 states
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4. Voyager
Voyager is a popular platform to invest in crypto as it was one of the first publicly traded exchanges. They are app-driven and offer a commission-free trading structure.
Voyager supports most major cryptocurrencies, has solid support and engagement, and pays competitive interest rates on assets.
Plus, when you open a Voyager account, you can earn $25 in BTC after trading $100 in crypto.
Pros
- Very easy to use app-based interface
- Commission-free trading structure
- Voyager provides solid interest rates
Cons
- Slow withdrawals (can take upwards of 1 day)
- Not available in New York (yet)
BlockFi
BlockFi is a cryptocurrency investment platform that allows you to lend and earn interest on your holdings. Also, instead of selling your coins and tokens, you can also borrow against your holdings.
If you’re just looking to hold your tokens, you can also just let them earn interest for you.
Bonus Offer: Get up to $250 bonus when you make a $25 deposit and maintain it for the specified period of time.
Pros
- No commissions and fees
- US-Based and regulated
- Earn high interest on deposits
Cons
- Doesn’t support many tokens and coins
- Limited free withdrawals
If you just want to earn a high return with crypto, you might consider a crypto savings account. These accounts pay up to 12%, but do come with risks (just like regular crypto investing).
Read More –
Power Word
Commission-Trade commission: Also called a stock trading fee, this is a brokerage fee that is charged when you buy or sell stocks. You may also pay commissions or fees for buying and selling other investments, like options or exchange-traded funds.
Regulation – The U.S. Securities and Exchange Commission (SEC) has said it views cryptocurrencies as securities, and will apply existing securities laws to digital assts. … They fall under the regulatory scope of the Bank Secrecy Act (BSA), a law overseeing the activity of financial institutions and payments transmitters.
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