Is your company considering a move into the world of cryptocurrency but unsure where to start?
In this article, we’ll guide you through some of the top crypto exchanges that offer the option to open a business account! Whether you want a crypto account for your LLC, limited company, or institution, we’ve got you covered!
Best Crypto exchanges for business accounts
- Coinbase business account – One of the most secure and regulated. Publicly-traded company.
- Binance corporate account – The largest crypto exchange by assets, offering high liquidity.
- Kraken business account – One of the safest in the market.
- Crypto.com business account – Good for crypto payments and debit card services.
- OKX institutional account – Wide range of crypto options, including advanced trading tools.
- Gemini business account – User-friendly, ideal for beginners.
- Bitstamp corporate account – One of the oldest exchanges, offering a user-friendly platform with reasonable fees.
What is a crypto business account?
A corporate crypto account, or business crypto account, is just like a regular account that you can open at a crypto exchange, but you open the account under your corporation/business/LLC name.
What are the benefits of opening a crypto business account?
This can have several benefits, including:
- Diversifying your company’s holdings;
- Paying and receiving crypto from your partners and customers;
- Potential tax benefits, depending on your jurisdiction and how you use your crypto investments;
- Transact in regions where traditional banking systems are inaccessible;
- Have access to staking, crypto trading;
- Creating collections of NFTs.
Comparison
Crypto exchanges that support business accounts
1. Coinbase business account
Coinbase is highly regarded for its strong security measures, regulatory compliance, and user-friendly interface. It’s a publicly-traded company and one of the oldest in the market.
Its business accounts, available through Coinbase Prime, are specifically designed for institutional clients, offering advanced security features such as multi-user permissions and insurance against cybersecurity threats.
Coinbase’s strong compliance with financial regulations makes it a good choice for companies needing a secure and compliant platform for cryptocurrency transactions.
Want to know more about Coinbase business account? Read more details directly on Coinbase’s landing page.
2. Binance corporate account
Binance is ideal for businesses that require access to a vast range of cryptocurrencies with high liquidity.
The platform offers competitive fees, extensive trading tools, and advanced features like staking, making it an excellent choice for companies involved in large-scale crypto transactions.
While Binance has faced regulatory challenges in the U.S., it has recently gained state-specific Money Transmitter Licenses and acquired registration as a Money Services Business with FinCEN.
For detailed information about Binance.US’s licenses, you can visit their official website here.
3. Kraken business account
Kraken is well-regarded for its robust security measures, low trading fees, and comprehensive support for various cryptocurrencies.
Kraken’s business accounts are tailored to institutional clients, offering features like multi-user access, advanced API integrations, and strong regulatory oversight.
It is particularly favored for its transparent operations and commitment to compliance, making it a reliable choice for businesses.
Want to know more about Kraken business account? Read more details directly on Kraken’s website.
4. Crypto.com business account
Crypto.com is a versatile platform that provides business accounts with access to over 250 cryptocurrencies.
Crypto.com is well-suited for businesses looking to integrate cryptocurrencies into their payment systems, offering a range of DeFi services and competitive fees.
It is particularly strong in offering financial services such as crypto debit cards and a comprehensive NFT marketplace.
For detailed information about Crypto.com’s business account, you can visit their official website here.
5. OKX business account
OKX is a good choice for businesses interested in a wide range of crypto options and advanced trading tools.
OKX is particularly suitable for companies that require sophisticated trading options and need access to a large liquidity pool.
It supports various cryptocurrencies, including those available for futures and margin trading.
For detailed information about OKX’s business account, you can visit their official website here.
6. Gemini business account
Gemini is an ideal platform for beginners, offering user-friendly features with a strong focus on security and compliance.
Its business accounts are designed for institutional clients, offering features such as multi-user access, secure custody solutions, and regulatory oversight.
For detailed information about Gemini’s business account, you can visit their official website here.
7. Bitstamp business account
Bitstamp is one of the longest-standing crypto exchanges with a strong focus on compliance and security.
It provides a user-friendly platform with a European market focus, making it an excellent choice for businesses in that region.
Bitstamp’s business accounts offer secure trading with a range of fiat-to-crypto options, ensuring reliable and regulated transactions.
For detailed information about Bitstamp’s business account, you can visit their official website here.
Traditional brokers offering crypto that supports business accounts
Interactive Brokers
IBKR is a global online broker known for its wide range of financial products, including stocks, ETFs, options, futures, and now, cryptocurrencies.
The platform is highly respected for its robust security, low fees, and comprehensive trading tools, making it a strong choice for businesses looking to manage both traditional and digital assets.
On the downside, you can only trade and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, no other cryptos.
If you would like to learn more about Interactive Brokers, check out our review, where we cover everything you need to know about one of the best global brokers.
2. eToro
51% of retail CFD accounts lose money.
eToro offers a unique blend of social trading features and a wide variety of financial products, including cryptocurrencies.
The platform is user-friendly and regulated in multiple jurisdictions, making it a viable option for businesses interested in both traditional and crypto assets.
If you want to learn more about eToro, check out our review where we cover everything you need to know!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3. Revolut business account
Investing involves risk of loss.
Revolut offers a seamless platform for trading cryptocurrencies and managing corporate accounts, making it an attractive choice for businesses looking to integrate digital assets into their financial operations.
With over 240 cryptocurrencies supported, along with staking options and a crypto card, Revolut provides a comprehensive suite of tools for crypto-focused companies. However, crypto transfers are limited to other Revolut users, and the platform may not offer the advanced trading features that some businesses require.
If you want to learn more about Revolut, check out our review where we cover everything you need to know!
Crypto exchanges that do not support business accounts
While many exchanges offer corporate and business accounts, some well-known platforms do not:
- Robinhood: Primarily designed for individual retail investors, Robinhood does not currently offer business or corporate accounts.
- BYDFi: This platform also caters mainly to individual traders and does not provide options for business or corporate accounts.
- Coinmama: Coinmama is designed for individual users, offering a simple platform for buying and selling cryptocurrencies. However, it does not support business or corporate accounts, making it unsuitable for company use.
Bottom line
Whether you prioritize advanced trading tools, broad crypto access, or regulatory compliance, the options available cater to a wide range of business needs.
Coinbase, Kraken, and Crypto.com are standout worldwide choices for their robust security features and institutional-grade services, making them ideal for companies needing strict compliance.
IBKR, eToro, and Revolut, are also great alternatives in case safety is your main concern. However, be aware that these are not regular crypto exchanges.
On the other hand, OKX is particularly strong in the European market with its comprehensive trading tools and regulatory compliance, making it a top choice for businesses in that region.
Meanwhile, Gemini and Binance offer extensive cryptocurrency options with high liquidity and user-friendly interfaces, making them suitable for businesses globally, especially those engaged in high-volume trading activities.
Carefully evaluate each platform’s offerings to determine which best aligns with your company’s goals and operational needs.
If you need any further guidance or have questions, feel free to reach out to us. We wish you the best of luck in navigating the world of cryptocurrency for your business!
FAQs
Does Bybit offer a business account?
Yes, Bybit offers corporate accounts with a focus on derivatives trading and high liquidity.
Does CEX.IO offer a business account?
Yes, one of the oldest exchanges, CEX.IO offers business accounts with a focus on security and compliance.
Does Uphold offer business accounts?
Yes, Uphold offers business accounts with multi-currency wallets and a wide range of financial products.
Does Bitfinex offer business accounts?
Yes, Bitfinex provides corporate accounts with advanced trading tools, high liquidity, and customizable account features.
Does Bitpanda offer business accounts?
Yes, Bitpanda offers business accounts, though it’s primarily focused on the European market.
Does KuCoin offer business accounts?
Yes, KuCoin offers corporate accounts with access to a wide variety of altcoins and advanced trading features.
