Zero-fee trading is taking traditional equity markets by storm, as top-tier brokerage firms adopt the model to stay competitive. While this is quickly becoming the standard for stock trading, many cryptocurrency exchanges rely on fees, cutting into the potential profit for retail investors.
Given that American investors are blocked from using many of the top cryptocurrency exchanges, it’s especially difficult to find a platform appropriate for one’s trading volume.
Here are 3 trading platforms available to US investors that offer zero-fee trading:
Binance US: A recent byproduct of the changing regulatory environment, Binance.US is designed specifically for American investors. The exchange has similar features to the main Binance platform and new altcoins are being listed on a regular basis. New users receive 30-days of fee-free trading when they sign up for the exchange.
Robinhood: The OG of zero-fee trading, Robinhood offers a sleek interface that allows users to trade crypto side-by-side with stocks and options. Robinhood has long been a solid option for buying Ethereum with zero fees, however, the platform doesn’t currently let users withdraw cryptocurrency — though they plan to add the feature in the future.
Voyager: This rapidly growing brokerage app has a leadership team from eTrade and Uber and offers commission-free trading for over 30 digital assets. New users can earn $25 in BTC by signing up through this link and trading $100. (or use code: SLUDGE25)
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.