Get 4 TOP exchanges in the United States of America were you can Buy and Sell bitcoin in security.
Buying and selling Bitcoin in the USA is easier than you think. This guide walks you through trusted platforms, legal basics, and the safest steps to start your crypto journey confidently.
Coinbase
Coinbase Exchange holds the second position in terms of trading volume among cryptocurrency exchanges in the USA. As of early 2023, Coinbase has over 89 million verified users across more than 100 countries.
Robinhood
While primarily a stock trading app, Robinhood also offers cryptocurrency trading. It’s suitable for those looking to diversify their investment portfolio.
Kraken
Kraken is known for its advanced trading features and excellent customer service. It’s a solid choice for experienced traders with millions of users worlwide.
Gemini
With nationwide availability, Gemini provides a secure and regulated platform for buying and selling crypto. It’s a reliable option for US residents. As of now, Gemini, is a well-regarded cryptocurrency exchange, serves customers in over 60 countries worldwide.Buying Cryptocurrency in the United States of America today
There are a few crucial things you should do before making the purchase:
To finish the KYC process, present a passport, national identity card, or driver's license.
While public WiFi can't provide a private and secure internet connection, it is not advised to use due to potential security risks.
A smartphone to use two-factor authentication (2FA) to confirm your identity.
A credit card or bank account with which you can fund your cryptocurrency purchases with fiat money. Or you can also use lokal currency to buy und sell in case of P2P
A cryptocurrency wallet to hold your holdings.
Although almost all exchanges come with built-in wallets, for maximum protection, you should withdraw your cryptocurrency to a cold wallet of your own.
How to Purchase Bitcoin in The United States of America
1. Register for an exchange account
You can register for any of the four reliable exchanges offered in USA, the most well-liked ones being Kraken, Coinbase and Gemini .
Both exchanges are thought to be user-friendly for beginners and provide a range of cryptocurrency options along with several deposit options.
Examine the "info" tab on the exchanges mentioned above to determine which one is the best fit for you. Exchanges vary in terms of costs, security, payment options, and other features.
Your final decision regarding the platform will be based on your preferences as well as the cryptocurrencies and payment methods that it accepts.
It's also crucial to remember that you can always register for additional exchanges at a later time.
2. Finish the procedure of KYC verification.
As part of the Know Your Customer (KYC) procedure, you will be required to authenticate your identity and address after registering with an exchange. Nearly all exchanges in the USA are legally required to comply with this rule.
You must have your photo ID on hand in order to take images of the document's front and back in order to finish this stage.
Your verification will typically be accepted right away; it might take as little as one or two days at most.
3. Deposit fiat money.
You must link a bank account, credit card to the exchange in order to start purchasing bitcoin and other cryptocurrencies.
Gemini, Coinbase, Robinhood and Kraken accept a number of payment methods, including bank account, debit card, credit card and wire transfer.
The time it takes for the money to reach the exchange could range from a few minutes to several days, depending on the method of payment.
4. By Bitcoin
When the funds in your account are available, you can purchase your first bitcoin. It's crucial to remember that purchasing an entire bitcoin is not necessary.
You may purchase bitcoin or any other cryptocurrency for as low as a few dollars on the majority of exchanges.
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