List of Best Fiat To Cryptocurrency Exchanges In US
Anyone who has gotten ready to or is planning to invest in cryptocurrencies must be technically and knowledge-wise sound about how to work around cryptocurrency exchanges, since it the first step that you put into the cryptocurrency world starts with the the services of cryptocurrency exchanges.
Fiat exchanges are how most people make their entry into cryptocurrency exchanges. If you’re new you’ll definitely need to use a fiat exchange, so keep following along.
If you need to figure out which fiat exchange would be good for you, here are some good options for you:
Kraken was established in the year 2011 and has gone on to become the largest Bitcoin exchange service platform in terms of both liquidity and euro value. Kraken doesn’t only deal in Bitcoin exchange services. It offers exchange services for other cryptocoins like ETH, XMR (Monero), ETC (Ethereum Classic), LTC, and XRP (Ripple).
US users can deposit only via bank wire, at a fixed charge of $5 per deposit. You’ll have to verify your account to activate fiat deposits: you need at least a “Tier 3” account, requiring your name, date of birth, country, address verification, and phone number to deposit up to $2,000.
If you raise the holdings equal or more than $25,000, it may require an additional government-issued ID card, verified proof of residence, your Social Security number, and a selfie of you holding the ID you used for verification.
Gemini accepts both bank transfers as well as credit/debit card payments. They also provide reasonable discounts for people who place high-value orders. Gemini is available in 42 states in the US as well as a few other countries such as Japan, Canada, and Singapore.