Thank you hey everyone this is Dean with DCA crypto today I'm going to cover which exchanges that you can currently use if you're a United States resident because we had the kucoin shutting down basically to U.S users with their new kyc platform they don't allow UnitedStates residents to kyc so we will not be able to use the platform so I wanted to make sure that you guys are aware of the options that you do have out there I have someone in my chat on one of the videos requests this video so I'mPutting it out there for you guys and I try to put out helpful content so here you go there's several exchanges that we can still use in the United States as well as dex's they're the decentralized exchanges and I'll go over these with you guys and I appreciate it if you hitThat subscribe button and the notification Bell so you get notifications of my future videos and if you like this video give me a like as well that helps with the algorithm to get the video out to more more people so let's jump into it guys all right I gotA couple options here the first one is cracking I've I've used this a lot in the past when I first started getting into crypto I used Kraken a lot because I was really paranoid and the Kraken is like the only exchange that I trusted because they do have the highest uh theyDo have the highest anti-hacking tools and software out there I I really like using the apps for all of these I really just showing you on the website here how to use them a little bit but I prefer the apps and I think Kraken has an APITool where you can generate an API just to use the app for certain things so people can't have full access to your account and I think there's different uh they do have the two-factor authentication so if any of these have the two-factor authentication make sure you're using that so you're more secureKraken's website here has several different options this is the basic option as the website pulls up they also have this Kraken Pro which I do use the Kraken Pro app I prefer that and I prefer to trade on the app trading on these websites to me is not quite asUser friendly as the apps are one of the basic trading set sets on this website is this one here you can click on buy and then you basically choose the crypto that you want to purchase uh if we go to Solana here then you can enter how much you want to buyAnd hit uh review and accept and then you can also convert your cryptos to you know other ones on here I'm not sure what the fees are on that but basically Kraken has usually typically very low fees but their pro version is what I prefer to use because you canActually put in buying limits and sell limits so if I wanted to if I wanted to like buy Bitcoin at 29 500 I can type that in here in the limit buy and I can tell how much I want to buy if I wanted to buy .05 Bitcoin and it'll tell youYour total cost here with the fees and then it you know you can click buy and it'll it'll put in that order for you as a limit order until it's filled it'll fill the order as soon as it reaches that price same thing with the sellOrders you can set up you know limit orders on buy or sell to purchase or sell your coin at specific prices and specific amounts that's a really nice feature that pretty much all of these have a kraken has not a huge selection of crypto but they do have all of theMajor ones that you're looking to buy so something happens in coinbase is down for whatever reason you can use Kraken but I highly recommend guys that you sign up for these websites now and not wait until later in the Bull Run they're going to get busier and busier as we getCloser to the bull run with more users coming into the space and signing up it's going to take longer for them to approve your portfolio you do have to do like kyc on cracking and that's fine they have different levels of kyc and with each one you can deposit andWithdraw more funds daily basically I highly recommend that you do that with crack and it may take them a few days to approve your profile I know that there was some issues with cracking with the SEC recently but as of right now I'm still able to deposit and withdraw fundsOn Kraken so it hasn't been affected too much Maxi this one's 9 nice because it has a lot of your smaller tokens it's very similar to kucoin it's newer than kucoin so I don't know how much to trust it fully yet but there's tons of coins and they're launching new ones every singleDay but you can set up on most of these or pretty much all of these you can set up your favorites list these are just some of my favorites on Maxi I don't really like I'm probably never gonna buy Ada Solana or Quant or Bitcoin or ethereum on here just because I couldUse my coinbase app for that and this one I'm I'm primarily more use for smaller coins like this g-fal asto MK and stuff like that that I can't get on the other exchanges so Maxi is an option instead of kucoin for now that's going to replace most of the coins you wouldHave been wanting to purchase on cool coin you don't have to kyc with them currently that could change in the few future so we'll have to see uh they're newer so I don't think they're on the sec's radar just yet and it may take a while um hopefully this blows over with theSEC thing before anything goes down with this one the other exchange that I'm not very familiar with is uphold I don't like it I've used it a few times because it seems like the buy and sell gaps between the buy and sell orders can beLarge and it can take a long time to fill your order there's also a maxi there's not as much liquidity as some of these larger exchanges so it can take longer for your orders to fill so keep that in mind uh uphold the same thing it can take aWhile for your order to fill if you're doing a limit order for a specific price if you do a regular Market order guys there's no guarantee you're going to get a great price for your token whether you're buying or selling it it'll fill it at the at the basically whatever theThe orders are the prices the orders are available that are already booked so if there's any gaps and it could you know give you a bad price for your purchase so I'm real hesitant to do like a market order just keep that in mind now theseAre the only besides a coinbase we all most of you already know how to use coinbase and that and I use coinbase a lot so besides coinbase these are the three that are basically Central exchanges that I'm aware of that are halfway decent in the United States toUse they also we also have the dexes that we can use to purchase our crypto we've got unit swap here now you need a meta mask or trust wallet or something like that in order order to use uh these dexes you need uh some kind of uh hot storage wallet or cold storageWallet like ledger trezor to use these and I'll show you this here a little bit basically I need to swap whatever token you're trying to use to swap typically I'm going to use ethereum in my wallet to purchase you know another another coin on here and they're all going to beLike on a unit swap they're all going to be like erc20 tokens so if you wanted like axi Infinity you gotta if you're not this token isn't traded I'm leading us Central as exchanges it just gives you a warning that some of these tokens are not on major exchanges so they're higherRisk now you don't want to just type like if you type in your coin on here like if we go to Medicaid mkade if it's in here it'll pull it up and you gotta hit I understand again for that warning sometimes you got to be careful ifThere's more than one token or make sure it's the one that you're actually purchasing if it's in this list typically it's safe but if you can't find the coin you're looking for and and you type it in you just want to make sure like Medicaid was in here you wantTo make sure that you're actually buying the actual coin that you want and on unit swap these are the ethereum tokens in their ERC you can go to coin gecko here and basically click on like if we want to go to um like peppy for example I think that's anEthereum coin so you can copy the ethereum see it's got the ethereum logo here for the contract address you can copy this because there's going to be a million puppies because it's a meme coin and then when you go in here and you want to actuallyBuy Pepe you paste that in there and that way you know for sure you're getting the right peppy coin because there could be multiple peppy coins so make sure you're pasting you're going to uh coin gecko getting that contract address and pasting it in uniswap to make sureYou're purchasing the correct coin just keep that in mind uh pancake swap is another one now pancake swap is mostly it's basically the binance smart chain so you can get B and B and cake and all these other cake is their native token but you can get all the uh meme coinsAnd stuff that are on binance Smart chain on here but again make sure you paste that actual address in here and sometimes on pancake swap you have to adjust the slippage tolerance some of these coins the default is point five percent but some of these meme coins that areNew that are really really high risk they're gonna want you to set like 10 or 12 percent slippage because there's like a tax on them for buying and selling so just keep that in mind if you're just buying a normal coin on pancake swap on the binance smart chain like BNB orSomething like that then you shouldn't have to adjust that slippage if you do have to slip adjust that slippage it typically means it's a high risk coin and possibly or possibly even a rug pull just keep that in mind that's not always the case but that isUh that is very likely or it is likely uh quick swap is another one now this is using like polygons chain here so you can connect your meta mask or trust wallet to Quick Swap and buy coins on there as well those are the three mainDexes uh there's also uh Arbor trim I'm not I haven't used that very much or really at all so there's probably arbitrim basically uh tokens on there as well so there's all kinds of different decks out there guys just use the more common ones that are going to be more trustworthyBut these are the options that I have for you guys for exchanges out there indexes that you can use now that cool coins some other ones have been shutting down I appreciate you guys if you would subscribe to my channel hit that notification Bell and if you like thisVideo give me a like as well and that's pretty much all I've got for this video we'll see you on the next one What's up
Please wait...