Cryptocurrencies

The best regulated crypto brokers in the US

Check out who are the best regulated crypto brokers operating in the U.S. and start investing in crypto today!

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Looking to invest safely in crypto? Learn who are the best regulated crypto brokers and exchanges

bitcoin crypto market trading concept
See the best regulated crypto brokers to take care of your investments. Source: Freepik.

The price volatility of cryptocurrencies is enough of a hassle for you to handle. To ensure your safety, you need good and regulated crypto brokers to give you support.

You do not want to spend time worrying if you can trust the very institution you entrusted your money with. 

However, things are not so black and white as most people would think. The fact that a broker is unregulated does not necessarily mean it operates illegally and is therefore unsafe to use.

Actually, depending on your investor profile, some unregulated crypto brokers may even be more advantageous.

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A good example of this is leveraging. Whereas regulated brokers are limited to x30 for major currency pairs, unregulated ones offer up to x200 leverage.

But yes, there is an added risk when you invest with an unregulated institution. So if you are going to invest with regulated crypto brokers, here are a few things to watch for. 

You do not want to invest your money through an outdated, glitchy platform. You want a robust platform, with great tools, and broad access to the crypto market.

How about fees? They can be a significant burden on your investments in the long term.

With so many crypto brokers out there, one thing is clear: You have to spend some time considering your options, and time has much more value than crypto.

It was thinking about how valuable your time is that we decided to save yours and compile the best options in one article.

Keep reading and find out who the best regulated crypto brokers and exchanges in the U.S. are.

The best regulated crypto brokers and exchanges

This list has the best regulated crypto brokers in the U.S. Source: Adobe Stock.

Your money is precious because it represents your time and effort. You will certainly want to keep it in good hands.

In the following, we present to you some of the best regulated crypto brokers in the U.S.

Kraken

Based in San Francisco, California, Kraken is regulated by the FinCEN in the U.S., by the FCA in the U.K., by the AUSTRAC in Australia, and by the FSA in Japan.

With a large selection of digital assets and low fees, this is an especially attractive exchange for advanced traders looking for one of the best regulated crypto brokers

It does have a few shortfalls, like limited funding options. The platform uses Trustly, a service that allows clients from over 1,000 financial institutions to connect their bank accounts to the platform. 

However, if your bank is not one of those 1,000-some banks, you are going to have to wire money into your account.

Kraken also is not available everywhere. Residents in New York or Washington state do not have access to the platform.

Coinmama

With its headquarters in Dublin, Ireland, Coinmama is a financial services company with various payment options. This includes the ability to buy crypto with Visa or Mastercard credit cards.

The company is regulated by the FinCEN in the U.S and FINTRAC in Canada. Fees are higher than other crypto providers, but it is one of the best regulated crypto brokers.

However, the longer you have been their client and the more crypto you purchase, the lower the fees become.

Coinmama does not hold user funds on its platform. It is strictly a crypto exchange. In order to transfer funds, users must have a crypto wallet.

This adds a layer of security to your funds, and you don’t have to expose yourself to the risks of keeping funds within the platform.

Uphold

business man using online regulated broker crypto
A reliable broker is essential for your investment career. Source: Freepik.

Uphold is a New York-based digital financial platform which offers more than 200 different cryptocurrencies, unlike some regulated crypto brokers who have limited cryptocurrencies available.

The company also offers other types of securities such as stocks and precious metals.

The company is regulated by the FinCEN in the U.S., and also complies globally with AntiMoney Laundering (AML) controls. They charge expensive spread fees, which can be bad for frequent traders.

Low-liquidity cryptos such as Ripple (XRP) or Dogecoin (DOGE) can incur especially expensive fees. This is especially true during periods of market stress with high trading volumes.

Pionex

Pionex is based in Princeton, New Jersey. It offers automated trading services with 18 customized bots for you to try for free.

They also offer the Smart Trade terminal, which allows users to set up stop-loss, take profit or trailing stop. With an account you also have access to their app with which you can trade on the go.

The company is regulated by FinCEN’s MSB (Money Services Business), and it is especially recommended if you are looking to make some passive crypto income.

Public.com

Located in New York, New York, Public.com is an investing platform that allows people to invest in stocks, ETFs, crypto, art, NFTs, collectibles, and more.

The broker is regulated by the SEC and FINRA, and allows you to check what other investors are doing through their social feed.

The broker makes it possible to buy fractional crypto tokens, and you can even invest in crypto around a theme.

The company has a markup of 1% to 2% on crypto to cover transaction costs. Markups are widely practiced by many brokers

Coinbase

Coinbase is regulated by FinCEN in the U.S, and FCA in the U.K.. The San Francisco-based company is one of the oldest and largest cryptocurrency exchanges.Their platform offers extensive educational content, and a beginner-friendly interface.

The exchange also provides a hosted wallet to its clients, as well as global customer support. Their account minimum is only $2, but they charge higher fees than other crypto exchanges. 

Users can trade using several platforms. Coinbase’s original platform is relatively simple and allows for users to use U.S. dollars to buy crypto.

The company’s Coinbase Pro platform features advanced charting, and allows crypto-to-crypto transactions.

Robinhood 

Headquartered in Menlo Park, California, Robinhood is an investment platform that provides commission-free trading to its users through its mobile app.

The company is regulated by the Securities and Exchange Commission. Their platform is one of the most user-friendly ones out there, with mobile and desktop versions.

You also get a debit card when you open your account, and you can also buy and sell traditional stocks with the platform.

Crypto millionaires: learn with the example of the best successful crypto investors

The crypto market is pretty unstable, which makes it even more unpredictable than the stock market. But it does not mean that one can’t be successful in investing in crypto.

We have many people around the world who made real fortunes with cryptocurrencies. The following post will show you who are the crypto millionaires and how they managed to get that rich.

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Crypto Millionaires: the top 8 richest people

Do you believe investing in the crypto market is a good idea? Well, these people did, and now they're millionaires. Keep reading to see how they got so rich.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

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