Note: This article was updated on September 16th with the addition of Kraken as a new exchange alternative for US citizens.
Many concerned ICONists have been taking to Twitter, Telegram and Reddit to ask about alternative US-compliant exchanges in light of the recent US restrictions on Binance. Binance has not yet announced which tokens will be listed in its upcoming dedicated US exchange, which has led many American crypto enthusiasts to wonder where they can trade ICX.
Here are your current exchange alternatives:
A well-known finance DApp and ICON partner, VELIC is a cryptocurrency exchange that, according to Coingecko, currently records the 2nd largest trading volume in ICX/BTC following Binance. Thanks to their partnership with ICON, VELIC will be listing ICON DApps on its exchange too. People can also enjoy lower interest rates and reduced credit card fees when using VELIC’s token, VELT.
One of the leading US-based crypto exchanges, Kraken, is offering trading pairs in ICX/USD, ICX/EUR, ICX/XBT, and ICX/ETH. Founded in 2011, Kraken is one of the largest and oldest Bitcoin exchanges in the world. Similar to ICON’s vision of ‘hyperconnecting the world’, Kraken is working towards accelerating the adoption of cryptocurrency.
A fairly new exchange, Beaxy is a “Full Service Digital Asset Trading Platform” compliant with US regulations that has recently listed ICX, allowing users to deposit, withdraw, trade and use all other exchange-related features with the token. They are currently offering 2 months discounts on all trades if you use a referral code to sign up.
Voyager is a US-based crypto broker that provides a commission-free way for people to easily buy ICX with fiat. The founders have decades of experience working at E*Trade and Uber previously, and are looking to provide investors with a trusted and secure access point to crypto asset trading. The mobile application is currently available for all US residents excluding the state of New York, which they hope will be added soon.
While this is not an exchange, Crypto.com is another option to trade and convert ICX. The digital wallet has recently formed a partnership with ICON, giving ICONists the chance to spend ICX in real life at over 40M merchants globally. Credit cards and bank transfers are both supported, enabling easy conversion of cryptocurrencies into fiat.
Additionally, US citizens can transfer ICX to their ICONex or Ledger wallets, which will be necessary if you want to participate in staking this August. While this list is not extensive, we hope it can alleviate your concerns while we wait for more listings on bigger exchanges!
For international ICONists, here are 15 other exchanges that list ICX:
- Binance (ICX/BTC, ICX/USDT, ICX/ETH, ICX/BNB)
- Upbit (ICX/KRW)
- Bitrue (ICX/BTC, ICX/ETH, ICX/XRP)
- Gate.io (ICX/USDT, ICX/ETH)
- Bione (ICX/USDT)
- Bithumb (ICX/KRW)
- HitBTC (ICX/BTC, ICX/USD, ICX/ETH)
- OKEx (ICX/USDT, ICX/BTC, ICX/ETH)
- CoinAll (ICX/BTC)
- Hotbit (ICX/ETH, ICX/BTC)
- Dcoin (ICX/USDT)
- ABCC (ICX/USDT)
- WazirX (ICX/USDT)
- LATOKEN (ICX/USDT)
- LocalTrade (ICX/BTC, ICX/ETH)