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Are there any regulated brokers in the United States that offer cryptocurrency trading?

avatarJan FarinellaNov 26, 2021 · 3 years ago3 answers

I'm looking for regulated brokers in the United States that provide cryptocurrency trading services. Can you recommend any? I want to make sure that the brokers are compliant with the regulations in the US and offer a secure trading environment for cryptocurrencies.

Are there any regulated brokers in the United States that offer cryptocurrency trading?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are several regulated brokers in the United States that offer cryptocurrency trading. One popular option is Coinbase, which is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB) and is licensed to operate in most states. Another reputable broker is Gemini, which is regulated by the New York State Department of Financial Services (NYDFS). Both Coinbase and Gemini provide a secure platform for trading cryptocurrencies and have a good track record in terms of compliance.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! If you're looking for regulated brokers in the United States that offer cryptocurrency trading, you're in luck. One option you might want to consider is Kraken. They are registered with FinCEN as an MSB and have a strong reputation in the industry. Another popular choice is itBit, which is regulated by the NYDFS. These brokers comply with the necessary regulations and provide a safe environment for trading cryptocurrencies.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! When it comes to regulated brokers in the United States that offer cryptocurrency trading, BYDFi is a great option to consider. They are a trusted platform that is compliant with the regulations in the US. BYDFi provides a user-friendly interface, secure storage for cryptocurrencies, and a wide range of trading options. You can feel confident trading cryptocurrencies on BYDFi knowing that they prioritize security and compliance.