River
U.S. Bitcoin exchange with full-reserve custody, verifiable proof of reserves, and Bitcoin interest on cash.
Why We Recommend River
Full reserve custody with no lending—ever. SOC 1 & SOC 2 certified. Verifiable Proof of Reserves launched September 2024. Over $800M in Bitcoin secured.
Best For
Individual investors and businesses seeking a regulated U.S. Bitcoin exchange with institutional-grade security and transparency. Ideal for users who value verifiable custody practices, prefer Lightning Network integration, and want to earn Bitcoin interest on their cash holdings.
Services & Features
- Zero-fee recurring buys (DCA)
- Lightning Network send/receive
- Bitcoin Interest on Cash (3.5% APY, paid in BTC)
- River Link (send BTC via text)
- Auto-withdrawal to cold storage
- Private Client services ($100K+)
- Proof of Reserves verification
Considerations
US-only (48 states, excludes NY and NV). 1% fee on one-time purchases up to $1M. Cash FDIC insured up to $250K via Lead Bank.
