Cryptocurrency Exchanges for US Residents: 2026 Updated Guide

Cryptocurrency
2019.05.30

This article summarizes cryptocurrency exchanges that are easy to use for U.S. residents.
It covers exchanges that support USD deposits and withdrawals and cryptocurrency transfers, including Coinbase, Kraken, Gemini, Bitflyer USA, and Crypto.com.
Additionally, I compare platforms where you can trade crypto through investment apps or brokerage accounts.

1.　Key Points Before Choosing a Cryptocurrency Exchange

In the U.S., cryptocurrency exchanges are regulated at the state level. As a result, depending on your state of residence, you may encounter the following restrictions:

  • Unable to open an account
  • Certain cryptocurrencies unavailable
  • Previously available services may be suspended suddenly

Checklist for Choosing an Exchange

  • Is the exchange available in your state?
  • Does it support USD deposits and withdrawals?
  • Can you transfer cryptocurrencies to external wallets?
  • Does the exchange comply with regulations and have a proven track record (U.S.-based, BitLicense, etc.)?

Always confirm details on the official websites. CoinMarketCap lists over 200 exchanges ranked by trading volume.

２．Major Cryptocurrency Exchanges Supporting USD (U.S. Residents)

2.1 Coinbase

  • Official site: https://www.coinbase.com/
  • Supported cryptocurrencies: Over 170 (may vary by state)）
  • USD deposits/withdrawals: Bank account (ACH/Wire), debit card, PayPal (withdrawals only)
  • Crypto transfers: Supported
  • Availability: All U.S. states (Hawaii available since August 2024)

Features

  • Largest U.S. exchange, beginner-friendly
  • Switch easily between standard Coinbase and advanced “Coinbase Advanced”
  • Advanced version supports limit, market, and stop orders

👉　A safe, reliable choice as your first platform

＜List of reference links＞

2.2　Kraken

  • Official site: https://www.kraken.com/
  • Supported cryptocurrencies: Over 200
  • USD deposits/withdrawals: Bank transfer, ACH/Wire
  • Crypto transfers: Supported
  • Availability: Almost all states except New York and Maine

Features

  • Established in 2011, highly rated for security and trading tools
  • Supports staking
  • Suitable for intermediate users and fee-conscious traders

👉 An Exchanges to consider after Coinbase

＜List of reference links＞

2.3　Gemini

  • Official site: https://www.gemini.com/
  • Supported cryptocurrencies: Over 90
  • USD deposits/withdrawals: ACH/Wire
  • Crypto transfers: Supported
  • Availability: 50 states + DC

Features

  • Licensed under New York BitLicense
  • Compliance-focused with simple user interface
  • Available in Hawaii

＜List of reference links＞

2.4　bitFlyer USA

  • Official site: https://bitflyer.com/en-us/
  • Supported cryptocurrencies: 9 including BTC and ETH
  • USD deposits/withdrawals: ACH/Wire
  • Crypto transfers: Supported
  • Availability: Almost all states (service may end in Hawaii after project period)

Features

  • Operates independently from Japan’s bitFlyer
  • Fewer cryptocurrencies but reliable operations

＜List of reference links＞

2.5　Crypto.com

  • Official site: https://crypto.com/
  • Supported cryptocurrencies: Over 400
  • USD deposits/withdrawals: ACH/Wire, debit card, credit card
  • Crypto transfers: Supported
  • Availability: All U.S. states except New York

Features

  • Popular app-based platform, recently added web version
  • Large number of cryptocurrencies, suitable for app-oriented investors

＜List of reference links＞

2.6 Other Popular Exchanges

  • Bitstamp: Established, security-focused, supports USD deposits/withdrawals and transfers
  • OKX US: Wide range of cryptocurrencies, low fees, for advanced users
  • eToro USA: Social trading style, CFD trading available, external wallet transfers not supported

3．Investment Apps and Brokerage Accounts Supporting Crypto

The following are not exchanges, but they are popular platforms that allow you to buy, sell, and hold cryptocurrencies.

PlatformNumber of CryptosUSD Deposit/WithdrawalExternal TransfersNotes
Robinhood20+Bank transfer (ACH)LimitedInvestment app-oriented
Fidelity Crypto4Not via bank; requires Brokerage accountNot supportedInvestment-like approach, limited states, U.S. citizenship required
SoFi Invest3–5Not via bank; account linking requiredNot supportedInvestment-like approach, aimed at younger users

＜List of reference links＞

Robinhood Crypto:

Fidelity Crypto:

4．State-Specific Restrictions

In the United States, regulations vary significantly by state, and whether an exchange can be used also depends on the state. Below are some general trends.

4.1　New York Residents

  • Only BitLicense-licensed exchanges allowed
  • Coinbase, bitFlyer USA, and Gemini are BitLicense holders
  • Robinhood, and Fidelity are also licensed

4.2　Hawaii Residents

  • Strict regulations limit exchange options
  • Coinbase, Kraken, bitFlyer USA, Gemini, Crypto.com, and Webull are available
  • bitFlyer USA may end service by December 31, 2024
  • Future regulatory adjustments may allow more exchanges

5.　Safety Tips

  • Cryptocurrencies are not guaranteed investments. Prices are highly volatile, and investing is at your own risk.
  • For large balances, consider storing crypto in hardware wallets (Ledger/Trezor) for self-custody.
  • Regulations and state-specific rules change frequently; always check official information.

Disclaimer
This article is for informational purposes only and does not constitute investment advice.

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Jun Kurema (暮眞★潤)

アメリカ（ニューヨーク）に住み始めて19年目です。株式投資、インターネット活動を通して自宅で安定収入を得ることを目指しています。 ▶ 詳しいプロフィールはこちらから。 ********************** I am a Japanese, residing in the US. I am trying to find a way to earn stable income at home through investments in stocks or other products as well as some sort of internet business. ▶ More detailed profile can be viewed from here.

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