Review of Our Top 10 Crypto Exchanges Available in New York eToro. 4.17 / 5. Coinbase. 4.50 / 5. Binance US. 4.33 / 5. Gemini. 4.50 / 5. Kraken. 4.50 / 5. Crypto. 4.00 / 5. Bitstamp. 4.50 / 5. Phemex. 4.67 / 5.
Binance US is legal across all the states, excluding New York, Texas, Louisiana, Hawaii, Idaho, and Vermont. As for the international version of Binance, it's unavailable in the US due to the local regulations mentioned above.
Several crypto exchanges are legal and compliant in New York due to the BitLicense regulation. Coinbase, Gemini, and eToro are among the exchanges that have gone through the regulatory process to legally operate in New York. Always ensure that the exchange you choose holds a valid BitLicense before trading.
Is Kraken Available in New York? + No, Kraken is not available in New York. The exchange has not obtained a BitLicense from the New York Department of Financial Services (NYDFS), which is required to legally operate and offer cryptocurrency services to New York residents.
Since Kraken is not available in New York, residents seeking to trade cryptocurrencies must use regulated alternatives. The following exchanges comply with the state's stringent regulations under the BitLicense framework: Coinbase: A trusted exchange for trading and custody services.
Some recommended websites for purchasing Bitcoin or other cryptocurrencies with low fees, high security, and fast processing include Bitget, Coinbase, Binance, Kraken, and Gemini. These platforms offer user-friendly interfaces, robust security measures, and efficient transaction processing.
7 Steps of Crypto Investment Step 1: Understand and allocate the investment. Step 2: Choose the Cryptocurrency. Step 3: Understand the Cryptocurrency. Step 4: Choose the Platform to Buy. Step 5: Store your Cryptocurrency. Step 6: Secure your Crypto wallet. Step 7: Hold and Sell to book profit.