Top 10 Crypto Exchanges for North America — CONTINENTAL CRYPTO SERIES
Due to crypto being a challenger to the traditional financial structure, many governments choose to curb or restrict their usage among the populace they govern. Thus, exchanges are restricted or not allowed to operate in certain continents due to regulatory restrictions. The following is a list of exchanges that are allowed to operate and/or more frequently used by residents in the North American region.
1. Coinbase
THE WHAT?
A vast selection of supported cryptocurrencies is available on Coinbase, together with a high level of protection
The platform is renowned for being among the easiest for beginners to use
It primarily offers an opportunity to casual traders who have little to no expertise trading cryptocurrencies on its exchange
Coinbase offers a cutting-edge trading platform called Coinbase Pro, making it an appropriate choice for professional traders as well
It was formed in 2012 and is one of the oldest cryptocurrency exchanges in this market
2. Abra
THE WHAT?
The first global investment app created for the future of money is called Abra
Abra gives customers the ability to buy, sell, store, swap, and send cryptocurrencies anywhere, at any time
Users in more than 150 countries can invest in more than 100 cryptocurrencies using a single app
Abra’s mission is to promote greater financial inclusion by facilitating access to the world’s financial system
3. FTX
THE WHAT?
FTX is a cryptocurrency exchange designed for traders by traders
FTX provides cutting-edge products such as derivatives, options, volatility products, and leveraged tokens
They strive to create a platform that is both robust enough for professional trading firms and simple enough for first-time users
4. Kraken
THE WHAT?
Kraken is a cryptocurrency exchange where you can buy and sell Bitcoin and Ethereum
Kraken is one of the oldest Bitcoin exchanges, offering over 120 different coins for purchase, sale, and trading at competitive exchange rates
It is notable for allowing for both spot trading at current market rates and cryptocurrency futures
Kraken is an excellent choice for novice and experienced cryptocurrency investors and traders seeking minimal trading costs and access to a diverse range of coins
5. Gate.io
THE WHAT?
With over 1400 digital currencies, it is the largest global cryptocurrency exchange
It is considered one of the safest and most dependable worldwide cryptocurrency platforms, with over 10 million registered users
It is constantly listed among the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko
Beyond its centralized cryptocurrency exchange, Gate.io has one of the largest collections of crypto assets as well as additional services
6. BitMart
THE WHAT?
Over 300 crypto trading pairs, complex order types, futures trading, access to crypto staking, and lending to earn interest are all available on BitMart
BitMart is intended for intermediate to advanced traders, and rookie cryptocurrency investors that find the trading interface overwhelming
Some of the advantages are a wide range of crypto altcoins, available for trading futures, standard and cutting-edge trading platforms, and discounts on trading costs are offered
7. Binance US
THE WHAT?
Binance is a cryptocurrency exchange that allows users to trade digital currencies online
It accepts the majority of the most widely traded cryptocurrencies
Traders can save their electronic funds in Binance’s crypto wallet
Users can earn interest or deal with cryptocurrency using the exchange’s support services
8. dYdX
THE WHAT?
The most well-known decentralized exchange at the moment that enables perpetual trading is dYdX
Users can conduct trades directly through dYdX, which utilizes smart contracts running on the Ethereum blockchain
The decentralized crypto derivatives exchange dYdX is superbly performed and offers a wide range of margin trading and perpetual options for all users
dYdX has successfully filled a compelling gap in the crypto trading industry
9. Poloniex
THE WHAT?
Poloniex is a cryptocurrency exchange with cheap trading costs and over 350 supported cryptocurrencies
Poloniex is a decentralized exchange that provides margin trading, lending, and other cryptocurrency goods
With its low costs, diverse asset selection, and useful features, this exchange has the potential to suit the needs of many cryptocurrency traders
However, it is not available to users in the United States but available in Canada
10. Gemini
THE WHAT?
Gemini is a platform for buying, trading, storing, and using bitcoins
It has a website and a mobile app
Security and usability are two of its main selling factors
With the Gemini stablecoin serving as its own currency, it facilitates trade in more than 120 cryptocurrencies
Since it was established in 2014, Gemini has expanded to include a trading platform, a credit card, an interest-bearing savings account, and a payment app
REFERENCE:
https://www.analyticsinsight.net/the-best-crypto-exchanges-in-the-usa-revealed/
https://academy.shrimpy.io/post/what-is-dydx-explaining-the-popular-crypto-derivatives-dex
DISCLOSURE:
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.
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