Which crypto exchange is best in USA 2022?

Which crypto exchange is best in USA 2022?

The Best Crypto Exchanges USA for 2022

The 12 best crypto exchanges that we came across are those listed below:

1、eToro –  Overall Best Crypto Exchange USA and worldwide

2、DeFi Swap – Leading Decentralized Crypto Exchange with Useful Trading Features

3、Bitstamp – Cost-Effective Crypto Exchange with Great Trading Tools

4、Coinbase – Best US Crypto Exchange for Beginners

5、Binance – Lowest Fee Crypto Exchange for Commissions  

6、Webull – One of the Best US Crypto Exchanges for Small Investments

7、Crypto.com – Easy Crypto Investments via Debit Card

8、Huobi – Top Crypto Exchange for Savings Accounts

9、FTX – Best Derivatives Platform for Margin Trading 

10、Gemini – US-friendly Crypto Exchange for Beginners and Experts

11、Bybit – Crypto Exchange With Huge Trading Volume

12、Kraken – Advanced Crypto Exchange for Seasoned Traders

In the sections below, you will find reviews of the best crypto exchanges to help you choose the right platform for your skillset. 

The Top 8 Crypto Trading Platforms in the US Reviewed 

We utilize a strict criterion when reviewing the best Bitcoin exchanges in the USA. 

Some of our main priorities in this respect include low fees, safety and security, great customer support, and plenty of available markets. 

Our findings revealed that the eight best crypto exchanges for 2022 are those outlined below.

1. eToro – Overall Best Crypto Exchange USA for 2022

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For those based in the US, eToro is by far the best cryptocurrency exchange to consider using right now. This top-rated platform offers 70+ cryptos – all of which are paired against the US dollar. When trading your preferred crypto market, you only need to pay the spread at eToro – which starts at just 0.75% for Bitcoin and 1% for altcoins.

With an eToro account you can buy Solana, Litecoin, XRP, Polkadot, Shiba Inu, The Graph, the best meme coins, and more in the United States and internationally.

When you fund your account in US dollars, no deposit fees apply. This is the case across PayPal, debit/credit cards, Neteller, ACH, domestic bank wires, and all other supported payment methods.

On eToro – the minimum deposit requirement is just $10. This is also the minimum trade requirement – meaning that you can invest in digital assets from just $10 or more. eToro also offers one of the best crypto credit cards on the market in 2022.

2. DeFi Swap – Leading Decentralized Crypto Exchange with Useful Trading Features

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DEFC logoOne of the best DeFi exchanges to consider is DeFi Swap. DeFi Swap is a brand new decentralized exchange (DEX) hosted on the Binance Smart Chain (BSC) that offers a broad selection of trading services which will appeal to beginners and advanced investors alike. These services include token swapping, staking, and yield farming mechanisms, all of which can be accessed through DeFi Swap’s handy browser-based platform.

Like other DEXs, DeFi Swap can link directly with many of the best crypto wallets, completely removing the need for a centralized intermediary. This distinguishes DeFi Swap from the other platforms on this list, meaning that users do not need to verify themselves or completed any KYC checks. In terms of specific wallet providers, DeFi Swap can pair with MetaMask and WalletConnect – with the entire process taking seconds to complete.

DeFi Swap review

Once linked, you’re free to use DeFi Swap to exchange one token for another seamlessly. DeFi Swap supports over 50 of the best altcoins and stablecoins, including BNB, USDC, USDT, DAI, and more. You can also customize your slippage tolerance and transaction deadline to suit your unique needs and risk tolerance.

Aside from swapping, DeFi Swap also offers staking and yield farming services. Both provide a way to generate a yield on your crypto holdings, although the former requires you to lock up your tokens for a specified period. Finally, users who hold DEFC (DeFi Swap’s native token) will even earn a passive income stream through the token’s innovative ‘static rewards’ system – which dovetails nicely with the other services offered in this community-driven ecosystem.

3. Bitstamp – Cost-Effective Crypto Exchange with Great Trading Tools

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Bitstamp logoIf you’re looking for the best crypto trading platform, our recommendation is Bitstamp. Bitstamp was launched back in 2011 and has gone from strength to strength, solidifying itself as one of the most respected cryptocurrency exchanges in the industry. Users can invest in over 50 different cryptocurrencies with Bitstamp with extremely low fees.

These fees start at only 0.50% per trade, although they drop to 0.25% once you exceed $10,000 in monthly trading volume. UK-based users will be able to fund their accounts via ACH transfer, which is entirely free to do. Notably, withdrawals can also be made via this approach, with no fees.

Bitstamp also allows users to buy crypto using their credit or debit card. This does come with a 5% transaction fee attached, although the process is ideal for beginners who want to avoid depositing in crypto or FIAT. The great thing is that Bitstamp’s minimum trade amount is only $10 for most FIAT-denominated pairs and 0.0002 BTC for BTC-denominated pairs.

4. Coinbase – Best US Crypto Exchange for Beginners   

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coinbase logoAlthough Coinbase is expensive in most areas, the platform is one of the best crypto exchanges in the US for newbies. The exchange now serves over 70+ million clients – many of which prefer Coinbase for its simple and burden-free investment platform. In fact, you can open an account in a matter of minutes and then instantly invest in crypto with your debit or credit card. This means you can buy XRP, Ethereum and more in a matter of minutes. 

The main drawback here is that although you can get started quickly, debit/credit cards transactions are charged at 3.99%. The other option is to deposit funds via ACH – and then when the funds are credited, pay a smaller commission of 1.49% to complete your crypto purchase. This is, however, still considered expensive when compared to other exchanges in this space. If you’re wondering which is the best crypto exchange for beginners you might want to check out our eToro vs Coinbase review as well. 

The Coinbase sign up bonus awards new users a free $10 in Bitcoin.  

Going back to the positives, Coinbase is one of the safest cryptocurrency exchanges in the market. Some of the strongest security protocols include keeping the vast majority of client digital funds in cold storage, verifying the identity of all new customers, and requiring each account holder to set up 2FA (two-factor authentication). Moreover, Coinbase has a fully-operational security team that works around the clock to keep your account safe. Coinbase is also a good yield farming crypto platform to consider in 2022 if you’re interested in crypto staking and loans. 

As such, if you had your eyes set on buying Quant, and other cryptos right now you could easily trade the best altcoins on Coinbase easily and securely from your mobile device.  

5. Binance – Lowest Fee Crypto Exchange for Commissions 

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If you’re searching for the lowest fee crypto exchange for commissions, Binance is worth considering. At this popular online exchange, you can trade crypto-crypto pairs like ETH/BTC at just 0.10% per slide. This means that a total stake of $100 would cost you just $0.10 in fees. On the Binance US website, you will find over 60+ supported best DeFi coins, as well as all the top cryptocurrencies to invest in.

We should note that if you wish to buy crypto with fiat money, then additional fees will apply. For example, although ACH and bank wire transfers are processed fee-free, you will need to pay a buy commission of 0.5%. Moreover, if you wish to deposit funds with Visa or MasterCard, you can add a further 4.5% to this fee.

Users signing up via this website are eligible for a $100 Binance bonus. 

As a result, this makes Binance an expensive option for those wishing to trade crypto in exchange for USD. Another thing to note about Binance is that, unlike eToro and Webull, the platform is not regulated by the SEC. In fact, Binance is not licensed in any single jurisdiction – so the safety of your funds is at risk. To access your Binance account, you can use the main online website or download the iOS/Android app.  

Binance is one of the largest crypto exchanges out there, meaning you can buy Terra Luna, AAVE, and other trending new digital currencies with low transaction fees.

In addition to offering cryptocurrencies, Binance is also a NFT marketplace that allows you to invest in the best NFTs to buy.

6. Webull – One of the Best US Crypto Exchanges for Small Investments 

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webull logoIf you’re a beginner that is looking for the best altcoin exchange in terms of account minimums, Webull could be for you. This is because when buying and selling crypto here, you only need to stake $1. This is the case irrespective of how much the crypto asset is trading for – which is particularly handy for expensive tokens like Bitcoin and Ethereum. 

At Webull, there is no requirement to meet a minimum deposit either – and all supported cryptocurrencies can be traded commission-free. This is also the case with US-listed stock options, equities, and ETFs. Webull is highly suitable for newbies, albeit, advanced charting tools and technicals are also available.

7. Huobi – Top Crypto Exchange for Savings Accounts   

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If you’re looking to combine capital gains with regular income – Huobi is one of the best crypto exchanges for this purpose. This is because in addition to offering hundreds of crypto markets, the exchange also offers crypto savings accounts that allow you to earn interest on your idle investments. For instance, by holding USDT and Bitcoin, you can earn up to 6.50% APY and 2.88% APY respectively. You can also gain exposure to the best new cryptocurrencies that are currently trending; for example you could 

In terms of the exchange itself, Huobi supports a wide range of cryptocurrency tokens of all shapes and sizes. You can buy and sell digital tokens here at just 0.26% per slide – and lower rates are available when you trade larger amounts. Huobi operates a maker-taker pricing structure, so those providing the exchange with trading liquidity will benefit from even more competitive commissions.  

8. FTX – Popular Crypto Derivatives Exchange

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FTX LogoFTX is an all-in-one crypto exchange, NFT marketplace, and crypto derivatives broker. The exchange has more than 60 cryptocurrencies available for spot trading, making it a suitable platform for everything from popular cryptos like Bitcoin to stablecoins to DeFi coins.

One of the things that stands out about FTX is its low trading fees. You’ll pay just 0.10% when you create liquidity on this exchange – and that’s before volume discounts, which can bring maker fees down to zero. Taker fees are just as competitive, starting at 0.40% and falling as low as 0.05% per trade.

The most unique thing about FTX is that it enables you to trade crypto derivatives, including options, swaps, and futures. FTX makes it clear that these are advanced financial instruments, but a series of helpful videos breaks down what these derivatives are and how you can approach them. Contract sizes start at just 0.01 BTC and 0.10 ETH, making FTX crypto derivatives more manageable for non-professional traders.

The Best USA Crypto Exchanges Compared   

Check out the comparison table of the 10 top crypto exchanges in the US right now to help you choose the right platform. 

No. of CoinsDebit Card FeeTrading FeesProprietary Wallet
Bitstamp50+5%0.5%No
DeFi Swap50+N/AN/ANo
eToro70+0.50%Spread From 0.75%Yes
Webull27Not Supported0% Commission Plus Spread From 1%No
Binance US60+4.50%0.50%Yes
Coinbase150+3.99%1.49%Yes
Huobi300+Not Stated0.20%Yes
FTX60Not Supported0.40%No
Gemini751.49%0.40%Yes
Crypto.com250+2.99%0.40%Yes
Bybit150+Depends on Chosen 3rd Party0.10%No
Kraken50+N/A in US0.26%Yes