There are heaps of crypto exchanges out there, many of which are accessible globally. However, not every exchange is suitable or acceptable in every country.

Some countries, such as the United States, are very strict about crypto trading and investing. As a result, US residents cannot use just any exchange they wish.

Fortunately, many exchanges are legal to use in the US, and we're going to look at seven such crypto exchanges you can use if you are a US resident.

Coinbase

Screenshot of Coinbase homepage

Coinbase is one of the largest cryptocurrency exchanges by trading volume and the largest crypto exchange in the US, with roughly 98 million users worldwide. A crypto exchange with global influence, it is also one of those easily accessible by Americans.

It also has Coinbase Pro, an arm that is designed for pro traders.

A major advantage of Coinbase for Americans is that it is fully registered and regulated by the United States government.

The company also went public in April 2021, giving it even more credibility. Coinbase fees are on the high side, but it provides a number of free deposit and withdrawal methods for US customers.

There are over 100 cryptocurrencies available to buy, sell, and trade and very little is required to fund the account initially.

If you are looking for a reliable, highly secure, and beginner-friendly exchange to use for your crypto activities in the US, Coinbase is one of those you may wish to consider.

You should follow this guide for beginners on how to use Coinbase if you are new to the platform.

Binance US

screenshot of Binance webpage

You may have heard of Binance before but are wondering what Binance US is. Well, it is a Binance exchange created solely for American customers.

The exchange was created to cater to American customers due to the regulatory hurdles Binance faces. As it was created mainly to comply with the regulatory environment in the US, Americans can use it without any fear of getting in trouble with the law. The exchange has a selection of cryptocurrencies that are legal to buy, sell, hold, and trade in the US.

Like Coinbase, Binance US has well over 100 cryptocurrencies to choose from. Of course, US users also enjoy the low fees that other Binance users enjoy globally.

The advanced Binance user interface, with its features and tools, is still intact on Binance US, so US customers can access everything available on Binance, right on this customized platform.

CEX.IO

screenshot of cex.io homepage

CEX.IO is another exchange based in the US. There is no complete discussion about simple, beginner-friendly crypto exchanges in the US without the mention of CEX.IO.

It also has a dedicated platform for pro traders, like Coinbase and Coinbase Pro. The exchange serves US customers from 28 states and provides a wide variety of crypto assets to its users. It charges relatively low fees and supports fiat deposits in USD, EUR, GBP, and RUB.

Most of its services are tailored to suit US-based users, so it is one of the best crypto exchanges you use if you live there.

Gemini

screenshot of gemini homepage

Gemini is a reputable US-based crypto exchange. Known for its military-grade security, the exchange caters to Americans and users from other parts of the world. It is also a fully regulated platform, providing US customers with secure access to many digital currencies.

Any deposit you make to Gemini from the US is FDIC insured, meaning the deposit is covered in case of any loss. This makes the exchange particularly attractive for use by Americans.

Because of its level of compliance with regulation, Gemini is currently one of the most secure exchanges for the US and also provides digital asset custody.

Kraken

screenshot of kraken homepage

Kraken is one of the oldest crypto exchanges in the US. Founded in 2011, the exchange also has the reputation of being highly secured as it has never been breached before.

If you are a US resident with a taste for an advanced crypto trading platform, you will find Kraken an attractive destination for all things crypto. Its services are available in most US states, making it also one of the most accessible crypto trading platforms in the country.

Like the other exchanges in the US, Kraken is a fully regulated crypto exchange, making it a reliable place to buy, sell, and trade digital assets.

The fees on this exchange are not so high, and many deposit and withdrawal options are available for US users.

eToro

screenshot of etoro homepage

Another reliable crypto exchange for US traders and investors is eToro. This is a top global crypto investment and trading platform that offers services such as buying, selling, and trading digital assets.

An outstanding feature of eToro and something its well known for is its social trading platform that allows beginner traders to copy the trades of more experienced ones.

eToro is the only exchange on this list that is not of US origin but serves its residents well. It has its headquarters in Tel Aviv, Israel, and provides crypto investment and trading services to millions of users around the world.

Like the others, though, it is fully regulated in the US and has an office in the country, making it one of the few exchanges outside the US that fully complies with local US laws.

Bitcoin IRA

screenshot of bitcoin ira homepage

Bitcoin IRA is a platform that enables Americans to invest in Bitcoin and other cryptocurrencies as their retirement plans. Though technically not an exchange, it's included in this list because of the role it plays in helping Americans invest in digital assets against their retirements.

There are over 60 cryptocurrencies available that you can trade anytime on any day of the week. The platform serves clients with IRA Rollovers, Roth, SEP, Employer Plan 401(k)s, and New or Existing Traditional IRAs, with custody insurance for up to $700 million.

It must be stated that Bitcoin IRA is also not a digital asset custodian, nor is it a crypto wallet. Instead, it links clients with registered custodians and only provides access to digital assets with an option for IRA accounts.

If you're an American crypto investor considering your retirement, Bitcoin IRA may be a place you can use to start investing towards that retirement.

Which US Crypto Exchange Will You Use?

These are the top exchanges that US residents can use for buying, selling, and trading crypto. Bitcoin IRA even provides more, giving you the chance to invest in crypto for retirement.

Whatever your experience with crypto, one of these exchanges will serve you well.