Advertiser Disclosure

The Top 5 U.S.-Based Bitcoin Exchanges

Written by Banks Editorial Team

Updated April 22, 2021​

2 min. read​

There is no shortage of bitcoin exchanges. How do you decide which one to use? Here’s a quick overview of the best bitcoin exchanges for 2018.

What Is a Bitcoin Exchange?

A bitcoin exchange lets you trade bitcoin for other cryptocurrencies.

Some bitcoin exchanges also allow you to buy and sell bitcoin in exchange for fiat currencies (such as U.S. dollars or Euros).

Popular Crypto Apps
Want to start trading crypto? The Current crypto trading platform offers numerous advantages, such as zero trading fees over 30 cryptos.

Invest in over 30 cryptocurrencies from your checking account with no trading fees with the Current mobile app crypto feature.

Titan Logo
If you are looking for a team of cryptocurrency investors experts to manage your portfolio, learn more about the Titan investment app.

Titan is an investment platform with a team of experts actively managing your portfolio based on your chosen strategy, including cryptocurrencies.

Alto IRA Logo
Alto IRA is one of the best investment options available today. With a low minimum deposit, you can invest in stocks, bonds, mutual funds, ETFs, real estate, cryptocurrencies, and even gold.

Alto IRA allows you to invest in stocks, bonds, mutual funds, ETFs, real estate, cryptocurrencies, and even gold for your retirement.

Choosing a Bitcoin Exchange

The main differences between bitcoin exchanges involve how many cryptocurrencies they support and which payment methods they allow for purchasing bitcoin with fiat currencies. The best bitcoin exchanges offer the broadest range of options in both of these respects.

The fees that exchanges charge in order to trade bitcoin can also vary. Getting the most bang for your buck requires choosing a low-cost bitcoin exchange.

Top Bitcoin Exchanges

The best bitcoin exchanges currently available include:

  1. Coinbase. By most measures, Coinbase is the most widely used bitcoin exchange. It supports bitcoin buying and selling in exchange for U.S. dollars, Euros and British pounds. In addition to bitcoin, Coinbase also supports litecoin, ether and bitcoin cash. Bitcoin purchases can be made using credit cards or a bank account, and funds can be withdrawn to a bank account or Paypal. To date, Coinbase has made a point of complying with local laws and operating transparently, which makes it an attractive bitcoin exchange option if you value openness and compliance.
  2. Kraken. Kraken is another popular bitcoin exchange. It supports a broader range of fiat currencies than Coinbase, such as Canadian and Japanese currency. It also supports more cryptocurrencies, including Dash, Gnosis and more. Kraken is an excellent choice if you want to maximize the number of fiat and cryptocurrencies that you can trade.
  3. LocalBitcoins. If you want to buy or sell bitcoin or other cryptocurrencies for cash, LocalBitcoins is your best solution. The site matches bitcoin buyers and sellers with people in their local area so that they can meet and exchange cash for bitcoin. A limited list of other cryptocurrency is supported as well. LocalBitcoins also offers online bitcoin trading, but the advantage of the cash-based option is that it provides more anonymity because there is no digital trail proving that a purchase took place.
  4. Paxful. Launched in 2015, Paxful is a relatively new bitcoin exchange. Like LocalBitcoins, it enables direct peer-to-peer transactions. Its main advantage as a bitcoin exchange is that it supports more than 300 payment options for purchasing bitcoin. Most other bitcoin exchanges allow purchases using only bank accounts, credit cards and sometimes gift cards.
  5. CoinMama. CoinMama caters to users who want to buy bitcoin using credit cards. It supports bitcoin and ethereum, and it works in 188 countries. That sets it apart from most other mainstream bitcoin exchanges, which are not available in as wide a range of geographic areas.

Whether your goal is to maximize payment options, supported cryptocurrencies, privacy or something else, there’s a bitcoin exchange for 2019 to meet your needs.

Advertisement Disclosure

Product name, logo, brands, and other trademarks featured or referred to within are the property of their respective trademark holders. This site may be compensated through third party advertisers. The offers that may appear on’s website are from companies from which may receive compensation. This compensation may influence the selection, appearance, and order of appearance of the offers listed on the website. However, this compensation also facilitates the provision by of certain services to you at no charge. The website does not include all financial services companies or all of their available product and service offerings.