In 2009 when Cryptocurrency was first invented by Satoshi Nakamoto. It’s a virtual currency that uses a cryptography payment mechanism that does not depend on banks for transaction verification. It’s a participant system that allows anyone to make and receive money from anywhere.
Cryptocurrency payments exist purely as electronic entries to an online database identifying specific transactions, instead of as physical money transferred around and exchanged in the real world. The transactions which you’ll make using cryptocurrency funds are recorded in a public database. Digital wallets are used to store cryptocurrency.
Crypto is a huge market and billions of dollars are invested by US people annually. There are lots of apps for crypto exchange in the US. But not many people know where to buy crypto without exposing their personal details. So today we decide to discuss some of the best American crypto apps where you can exchange your cryptocurrency easily.
Before going ahead with the best cryptocurrency exchange app let’s talk about some of the popular cryptocurrencies.
5 Popular Cryptocurrency Worth Billion Dollars (2022)
Everyone who’s reading this article should be aware of some of the most popular cryptocurrency and their market Cap in the US.
5. Solana (SOL)
Solana is a public blockchain platform launched in March 2020 and is one of the fastest-growing cryptocurrencies in the market right now. It also supports many Smart contracts, such as non-fungible tokens (NFTs), and a range of decentralized applications are supported (dApps).
- The market Cap of Solana is $42 Billion dollars (January 2022) (Approx.)
- Current Price of Solana:- US$92 (February 2022)
4. Cardano (ADA)
Cardano is also a growing cryptocurrency created by Ethereum’s co-founder in 2015. It also eases peer-to-peer transactions with an internal cryptocurrency, ADA.
- The Market Cap of Cardano is $26 Billion Dollars (Approx.)
- Current Price of Cardano:- $ 0.78
3. Dogecoin (DOGE)
Dogecoin is a funny cryptocurrency created by Billy Markus and Jackson Palmer who decided to create it as a joke but it came up with the most popular currency right now.
- The Market Cap of Dogecoin is $15 Billion Dollars (Approx.)
- Current Price of Dogecoin:- $.1129
2. Ethereum (ETH)
Ethereum is one of the second largest cryptocurrencies after Bitcoin which is not only a currency but is also used by many companies to build innovative programs. Ethereum was released on 30 July 2015. If you’re a long-term thinker then you should buy this smart currency.
- The Market Cap of Ethereum is $284 Billion Dollars (Approx.)
- The current Price of Ethereum:- $2,391.27
1. Bitcoin (BTC)
Bitcoin is rated as first in the list and is one of the most famous cryptocurrencies. It’s a peer-to-peer bitcoin network that operates with bi-central authority or banks; managing transactions and the issuing of bitcoins. There’s a lot of information available on the internet to know more about bitcoin.
The Market Cap of Bitcoin is $674 Billion Dollars( Approx.)
Note: All the currencies listed above are most famous right now and every cryptocurrency price fluctuates. So we’ve given the current price and market cap of all the Cryptocurrencies on the list.
8 Reliable Best American Crypto Apps For Crypto Exchange and Investing (2022)
Binance is a very easy-to-understand crypto exchange app where you’ll find lots of cryptocurrencies with their live trading. But if you’re looking for a US version of the platform then you’ll only get limited options as compared to the international version of the app.
One of the best things about this app is they provide you with fast transactions times and very low fees while withdrawals. You can simply create an account on Binance and start trading cryptocurrencies.
Also, see: crypto signals are trading ideas from expert traders on Telegram
Crypto.com is another largest crypto exchange platform based in Hong Kong that provides the best Customer support for Us based Transfers. In this app, you’ll get to choose over 90 tokens and coins throughout the world, as well as 50 tokens and coins in The US. In addition, their crypto savings accounts provide competitive rates.
Note: Currently, Crypto.com works on App and doesn’t support the desktop version.
Coinbase is one of the most popular and trusted crypto exchange platforms for US-based traders where you can easily trade. After signing up, anyone can buy 30+ coins and tokens including some of the popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. One of the best parts of this platform is that they provide various activities which you can do to earn various rewards. With the Coinbase app you can easily track the price of the various coins and after then very easy to buy and sell cryptocurrency inside the app with very few changes.
Hodlnaut is another best crypto exchange platform. It’s a Singapore-based platform where you not only invest but also earn up to 7.40% on your bitcoin and up to 12% on your USDC by saving options.
One of the best parts of this platform is it pays very high interest on holdings and the worst part is it only supports 6 crypto coins like BTC, ETH, WBTC DAI, USDC, and USDT. Currently available all over the world including the US.
Uphold is a fantastic cryptocurrency broker that offers over 60+ currencies and a lot more. It allows users to trade directly between any two assets and offers them access to other financial markets such as equities, national currencies, and precious metals.
One of the best parts of Uphold is it supports both Desktop and mobile apps.
Gemini is rated as #6th in the list and is the best American crypto trading app. It supports more than 50+ cryptocurrencies globally and comes up with no annual fee.
One of the best parts of this platform is it supports various beginners trader tools to understand trade smartly. It supports both desktop and mobile apps.
BlockFi is a good app for all cryptocurrency exchange enthusiasts where you can earn a lot of money just by holdings apart from trading. You’ll also get a bonus on your first transaction. It’s a US-based platform with no commission and additional fees.
One of the finest parts of using Blockfi provides you high level of service with major expertise and top-level protection to save your assets.
Kraken allows you to exchange a large number of coins and tokens with their best UI platform. If you are using this platform outside the US you may get some more coins to trade but in the US, they’ve limited coins and tokens in the US. It also provides a high level of security and trust for all the traders to exchange safely.
So we’ve discussed above some of the best American crypto exchange apps for US-based customers and from all over the world who were looking for a genuine and secured platform for trading online. In the end, just wanna thank you to make it till the end, and if you really liked the article do let us know your reviews on apps and which one you liked the most. Much Regards!!