Home web3.0 List of formal digital currency trading apps in 2024

List of formal digital currency trading apps in 2024

Jul 23, 2024 pm 04:38 PM
digital currency exchange digital currency exchange

Compliant digital currency exchanges in 2024 include regulated exchanges (Coinbase, Binance.US, Kraken, Gemini, FTX.US) and other compliant exchanges (Crypto.com, Huobi, OKX, Bybit, KuCoin). These exchanges hold licenses from regulatory agencies and adhere to strict compliance guidelines, ensuring user safety and fund protection.

List of formal digital currency trading apps in 2024

List of Compliant Digital Currency Exchanges in 2024

As the digital currency market continues to develop, regulatory agencies are also constantly improving relevant regulations. Therefore, it is crucial for users to choose a compliant exchange. The following is a list of some compliant digital currency exchanges in 2024:

Regulated exchanges:

  • Coinbase: A large compliant exchange in the United States, holding New York State Department of Financial Services (NYDFS) and Commodity Futures Trading Commission (CFTC) license.
  • Binance.US: Binance’s compliance branch in the United States, holding a license from the U.S. Financial Crimes Enforcement Network (FinCEN).
  • Kraken: A US-based exchange that holds licenses from NYDFS and FinCEN.
  • Gemini: Another US-based exchange that holds licenses from NYDFS and FinCEN.
  • FTX.US: FTX’s compliance branch in the United States, holding a FinCEN license.

Other compliant exchanges:

  • Crypto.com: A Singapore-based exchange that holds licenses from regulatory agencies, including the US Financial Supervisory Commission (SEC), the UK Financial Conduct Authority ( FCA) and the French Financial Market Authority (AMF).
  • Huobi: A Seychelles-based exchange that holds regulatory licenses from several countries, including the Seychelles Financial Services Authority (FSA) and the Gibraltar Financial Services Commission (GFSC).
  • OKX: A Malta-based exchange that holds a license from the Seychelles FSA.
  • Bybit: A Singapore-based exchange that holds a license from the Seychelles FSA.
  • KuCoin: A Seychelles-based exchange that holds a license from the Seychelles FSA.

The above-mentioned exchanges all follow strict compliance guidelines to ensure user safety and fund protection. They offer a wide range of digital currencies and offer various trading options. Users should consider its reputation, security measures and regulatory status when choosing an exchange.

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