Bitcionsensus | Is Bitcoin Trading Easy for Beginners?

Choosing the top US Bitcoin exchanges from numerous options is not as easy as one might think. There are several features and aspects you need to be mindful of if you are looking for the most suitable exchange.

If you are a beginner, the first thing you need to know is what is a suitable exchange. A crypto exchange that offers features and services that match your criteria can be categorized as a suitable platform.

As a beginner residing in the USA, you may have plenty of options to choose from. To make the process easier and convenient it is important that you know about the top platforms that are available and then choose the best Bitcoin exchange in USA.

Here are some details of the top cryptocurrency exchanges that are available for people in the United States of America.

US Bitcoin Exchanges Include Coinbase

One of the most popular names you will hear in the country is Coinbase. This platform is arguably the largest exchanges in USA and is also among the largest crypto platforms on a global scale. It is not only well-known among users in the States but also people all around the world. 

It was established in 2012 and has now grown to offer its services to a large audience. This crypto exchange enables the users to buy, sell, trade and even hold digital currencies. 

It has an easy-to-navigate interface, which makes it one of the beginner-friendly platforms in the market. This is one of several reasons why it can be the best Bitcoin exchange in USA for you.

The straightforward and simple onboarding process also enables traders to start trading. However, for people who are more experienced and who look for advanced trading tools, this exchange has a special version, called Coinbase Pro.

The Coinbase exchange is also one of the top US Bitcoin exchanges because it is not just a crypto platform but is also an institution where it provides educational content and online exams for beginners to get a hang of what crypto trading is and more.

Robinhood

Robinhood is one of the best Bitcoin exchanges in USA and stands out among the rest, thanks to its outstanding features. It was established in 2018 and has spent a significant time to establish its application. 

This crypto exchange offers support to some of the most prominent digital assets, which include the following:

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Bitcoin SV (BSV)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)

This is a beginner-friendly crypto exchange and makes crypto investing and trading easier for the novice parties by offering utmost security. Robinhood uses high-end security systems such as hot and cold storage wallet and more.

The fee structure of the platform is also fair and transparent. It has no minimum limit for deposits, no commission fees for trading and it enables the users to begin trading with a small amount, which can be as low as $1.

Kraken

The Kraken exchange is one of the most popular and outstanding US Bitcoin exchanges that you should know about. It holds the title of several things as it is one of the oldest, safest and largest crypto platforms in the world. 

It was launched in 2011     and makes use of leading-edge security systems that ensure the safety and security of the users. 

Some of the topmost security systems used by the platform include:

  • Global Settings Lock (GSL) 
  • Kraken Master Key
  • KYC verification for opening an account
  • Offline crypto wallet
  • Two-factor authentications (2FA)

It has one of the lowest fees structures in the market, which is also safe from any kind of hidden or additional charges. This exchange offers support to leverage trading and enables the users to buy or exchange more than 50 digital assets.

The Kraken exchange can possibly be the best Bitcoin exchange in USA, thanks to the fact that it offers support to unique features such as staking and dark pools.

Gemini

The Gemini exchange is yet another one of the top US Bitcoin exchanges that offers impressive features and services to the users. It is one of the licensed and regulated crypto exchanges in the USA, which validates it security offered to the users.

It is an advanced crypto exchange that was launched in 2014. The main purpose of the Gemini exchange is to help the users in buying and selling Bitcoin and crypto assets instantly and without any hassle. It offers it services to US citizens in 50 states and also offers support to over 60 digital currencies.

This platform offers support to both crypto-to-crypto and peer-to-peer trading and is highly suitable for novice and experienced traders alike.

Final Takeaways!

Knowing about various US Bitcoin exchanges can help you in getting a good idea about your possible options. Once you know about your options, you can look through the offered features and determine which of the platforms are most suitable for you to use. 

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