5. BitYard

Source: media.zenfs.com

BitYard was launched just a few years back in 2019. It is a Singapore-based crypto exchange with trading services in more than 150 countries.

The platform complies with the financial industry regulations and has licenses in -Australia, Singapore, and the USA. People interested in spot trading can avail the benefit of low trading fees.

Customer Support

Pros of BitYard:

Online Email Support, Live Chat, Social Networks, & Help Center Support

● Availability in all the states

● Low trading fees

● Accepts 50 fiat currencies

● Offers online wallet and cold storage

Cons of BitYard:

● Missing the facility of staking and lending

● Funds are not insured

● Less advanced trading features

6. KuCoin

Source: staticimg.com

KuCoin is one of the most impressive Cryptocurrency exchanges 2023 that offers a large number of tradable coins. It also provides access to a wide library of altcoins at lower fees.

The platform is based in Seychelles and has a growing number of users in Asia, Europe, the Middle East, and Africa. While users in the USA can access and use the trading platform, however, it is not licensed.

Supported Fiat Currencies

More than 50

Supported Countries UK, US, Canada, Australia, Singapore, India, Russia, & more

Minimum Deposit No

Deposit Fees No

Transaction Fees For Spot

Maker Fee – 0.1% to -0.005%

Taker Fee – 0.1% to 0.025%

For Futures

Maker Fee – 0.02% to -0.015%

Taker Fee – 0.06% to 0.03%

Withdrawal Fees Deposit on the currency involved

Application Yes

Customer Support 24/7

Pros of KuCoin:

● Competitive trading fees

● Volume discount on fees

● One of the biggest crypto exchanges

● Availability of a large number of tradable cryptocurrencies

● Accepts credit cards and debit cards

● Offers margin trading and futures trading

Cons of KuCoin:

● Not licensed

● The funds are not insured

● Had a big hacking incident in 2020.

● Had a big hacking incident in 2020.

7. Binance

Source: bankrate.com

Binance is one of the top crypto platforms that are on the list of Best Cryptocurrency Exchanges 2023. It was founded just a few years back in 2017 and quickly it became very popular. Today, they have their crypto named Binance Coin.

The platform offers users various ways to purchase crypto assets. People can buy crypto assets in fiat currencies or through credit cards. One can access Binance through a website, desktop, or mobile application.

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● Quick transactions

Cons of Binance:

● Faced hacking incidents in the past

● Less regulated compared to its competitors

8. Currency.com

Source: cdn6.aptoide.com

The platform is popular for trading digital assets. It also offers to trade in commodities, indices, stocks, indices, currencies, and bonds.

The platform has a wide asset selection with reasonable and transparent fees. This is what makes this platform very attractive.

Supported Fiat Currencies USD, EUR, GBP, RUB, and BYN

Supported Countries Almost all countries of the world

Minimum Deposit Depends on Currency & Payment Methods

Deposit Fees Depends on Currency & Payment Methods

Withdrawal Fees Depends on Currency & Payment Method

Application Yes

Customer Support 24/7 via Chat, Phone call, Email, & FAQ Section

Pros of Currency.com:

● Crypto, stocks, and commodities are available for trading

● Competitive trading fees

Cons of Currency.com:

● Not very well-known

● Limited availability

9. Changelly

Source: changelly.com

Changelly is one of the most useful Cryptocurrency exchanges 2023 that offers low fees and makes trading in cryptocurrency easy.

Changelly places bids on the site in milliseconds then recommend the best rate and display the approximate amount you will earn.

Once you provide the destination wallet address, you just need to log in or sign up to save the transaction history and you will get the crypto in your wallet just in minutes. They also provide the option to buy crypto with a debit or credit card through their partners.

Supported Countries Austria, UK, Israel, Spain, Malta, and a few more

Minimum Deposit Should be enough to cover all costs required by a blockchain

Deposit Fees No Fees

Transaction Fees 5% Withdrawal Fees Depend On Crypto

Application iOS & Android

Customer Support Through support ticket

Pros of Changelly:

● No need for verification and registration

● Low fees

● Easy-to-use website

Cons of Changelly:

● High charges for purchasing crypto through debit and credit cards

Source: images.prismic.io

Uphold was launched in 2015 before the 2017 bubble of cryptocurrency. Initially, the platform was functioning as an e-currency wallet just like PayPal. Later, it expanded and become a full-fledged cryptocurrency exchange wallet.

Perhaps most significantly, uphold offers an incredibly accessible and visible proof of reserves that is updated in real-time.

Customer Support

Pros of Uphold

Through support ticket

● Users have the option to store cryptocurrencies, precious metals, and fiat currencies.

● Availability in more than 180 countries

● No deposit fees or commissioning on staking

Cons of Uphold:

● Not very popular

● Identity verification for withdrawal

Source: bankrate.com

FAQs

1. How to Open a Crypto Exchange Account?

To open a crypto exchange account, you need to visit the website or app of the platform. Each platform has a different registration process.

You might be able to open an account with some and buy and sell small amounts of cryptocurrency without providing much sensitive information or proving your identity, but as the industry has developed, the U.S. government has introduced certain Know Your Customer regulations to stop fraud and money laundering.

2. How Does a Crypto Exchange Work?

Crypto exchanges work the same as brokerage platforms. Each of the platforms offers a portal where you can make different order types for buying and selling cryptocurrencies.

3. How One Can Buy Crypto?

For buying cryptocurrency, one must open an account with the best crypto trading platform or an online brokerage that allows crypto trading.

After deciding on an exchange and a wallet, you can purchase cryptocurrency by depositing US money into your account using an ACH or wire transfer. It’s even possible to purchase cryptocurrency using a credit or debit card. This could, however, come with additional costs, some of which can be rather significant.

4. How Much Money Do You Need to Buy Crypto?

This will depend on the exchange because each platform has different requirements depending on the cryptocurrency that you want to buy. So, do check this thing on your chosen platform.

Final Thoughts

At last, we would say that a greater number of youngsters are getting attracted to cryptocurrencies. If anyone wants to trade in cryptocurrency, they need to have an account on a crypto exchange. These are the best crypto exchange usa.

While selecting the platform, one needs to ensure that it is secure and reliable. Thus, you need to select the best crypto exchange. We have mentioned some of the best crypto