Curious about the best exchanges to buy, trade and store your digital assets? Look no further! Discover the top 10 best crypto exchanges available worldwide and take your investments to new heights.
Crypto exchanges are where traders can buy, sell and convert different cryptocurrencies and NFTs. They are necessary for digital assets to be traded at the scale they are today. Some exchanges offer the most competitive prices or speeds, whereas other provides specialized financial products.
Now get ready to move in the crypto world like never before!
Top 10 Best Crypto Exchanges
- Binance – Largest crypto exchange for daily trading
- Coinbase – Best exchange for beginners
- Kraken – Most secured crypto exchange
- KuCoin – Best Exchange for altcoins
- Bitstamp – Oldest crypto exchange
- OKX – Best crypto exchange and wallet
- Gemini – Best for experienced traders
- Gate.io – Overall best crypto exchange
- bitFlyer – Reasonable crypto exchange
- Huobi – Platform like Binance
Summary – Top 10 Best Crypto Exchanges
Exchange | Trading Volume | Markets | Coins | Weekly visits | Fiat supported |
Binance | $5,788,027,343 | 1695 | 386 | 11,324,090 | 11 |
Coinbase | $674,646,810 | 530 | 244 | 26,084 | 3 |
Kraken | $507,500,523 | 728 | 228 | 834,500 | 7 |
KuCoin | $417,668,907 | 1535 | 858 | 1,666,543 | 48 |
Bitstamp | $143,941,620 | 163 | 74 | 213,704 | 3 |
OKX | $565,755,776 | 747 | 341 | 1,923,244 | 46 |
Gemini | $18,090,920 | 150 | 117 | 147,221 | 7 |
Gate.io | $365,066,117 | 2827 | 1696 | 2,755,462 | 2 |
bitFlyer | $33,256,922 | 13 | 9 | 305, 625 | 3 |
Huobi | $403,752,835 | 800 | 612 | 1,464,319 | 31 |
Overview – Top 10 Best Crypto Exchanges
To help you navigate this complex landscape, we’ve compiled a comprehensive list of the top 10 best crypto exchanges. Whether you’re looking to invest in Bitcoin, Ethereum or explore the myriad of altcoins available, our guide will serve as a valuable resource to assist you in making informed decisions about which exchange aligns with your specific goals and preferences. Let’s get started!
1. Binance
Best For – Lowest fee
Trading Volume – $5,788,027,343
Coins – 386
Binance is one of the top 10 best crypto exchanges with over 600 cryptocurrencies. It provides a user-friendly convert feature for easy swap and in-depth trading. Experienced traders can access advanced tools and dynamic charts through Binance spot trading interface.
Binance has a significant global presence in the crypto market with a daily trade volume of $76 billion (₤62 billion). It charges low transaction fees starting at 0.010%, which can be further reduced by holding BNB. Traders can get benefit from margin trading, bot trading, leverages token, future trading and options.
To grow digital assets, Binance provides investment options for non-traders like saving vaults, staking pools, mining pools, and liquidity farming. Furthermore, you can easily deposit your money on Binance, accepting 61 different currencies through bank transfer and credit/debit cards, with minor fees involved.
Alternatively, users can buy crypto with minimal charges through the peer-to-peer market, using electronic wallets and other third-party deposit methods. These methods don’t deposit fiat currency into your Binance account, they only facilitate direct crypto purchases from sellers.
Binance also offers a wide range of derivatives and earning opportunities, including staking, saving accounts, liquidity farming, and their own NFT marketplaces.
Pros | Cons |
Low transaction fees Debit card available 600+ digital currencies Advance trading tools and features Mobile application available Educational resources available |
A bit technical for beginners No built-in digital wallet available Limited in US states |
2. Coinbase
Best For – Beginners
Trading Volume – $674,646,810
Coins – 244
When it comes to the top 10 best crypto exchanges, Coinbase is one of them. It is a cryptocurrency platform which helps you to buy, sell or trade different currencies such as Bitcoin, Ethereum, Solana and Tether. You can choose from over 200 different cryptocurrencies. Additionally, Coinbase offers a secure vault for storing your coins.
The only drawback is that Coinbase charges a bit more for using their services, about 0.5% extra, along with transaction fees based on transaction size and funding sources. However, their advanced trade platform offers comparatively lower costs.
Coinbase offers crypto traders and investors two options; Coinbase and Coinbase Pro. Coinbase pro is a trading tool for people who want to do more advance trading. It provides a trading interface with a lot of features and option, specially designed for the individuals seeking a comprehensive cryptocurrency exchange platform.
Pros | Cons |
User-friendly interface Beginners-friendly No fees on domestic bank transfers Large number of cryptocurrencies and trading pairs available Advance charts and trading tools |
Complicated fee structures Poor customer support |
3. Kraken
Best For – Safe and Secure
Trading Volume – $507,500,523
Coins – 858
Kraken is one of the oldest top 10 best crypto exchanges, and it has been operating for over ten years. It was established in 2011, offers Bitcoin and number of altcoins. In total, it offers 346 pairs of crypto tokens that you can trade.
If you’re experienced trader, you can find many advance features on Kraken crypto exchange that can help you in trading. This platform has some unique features such as take profit orders, take profit limit orders etc.
In addition to spot trading, Kraken offers derivatives products with margin trading available up to 50x leverage. You can also earn passive income with the help of this platform such as staking.
Kraken crypto exchange ensures global accessibility by allowing users to deposit and withdraw funds to any bank account worldwide.
Pros | Cons |
Secured platform Provide great user support Support more countries Large amount of digital assets Low exchange and transaction fee Best for crypto staking and margin trading |
Not available in all US states Limited number of funding options |
4. KuCoin
Best For – Altcoins
Trading Volume – $417,668,907
Coins – 386
KuCoin is also one of the top 10 best crypto exchanges that offers a wide range of coins. It has over 700 altcoins to users worldwide. One of the unique things about KuCoin is that it often lists new tokens before other exchanges.
KuCoin charges a low fee of 0.1% for new users. As traders increase their trading volume, fees decrease even further. It provides advanced features like future trading with leverage and margin trading. KuCoin also offers earning opportunities through staking, cloud mining, lending and participating in token launched projects.
Credit card deposits are free and support many different currencies. When you want to withdraw your funds, they will be deposited in your account USD balance, and you can easily choose from various payment methods.
Pros | Cons |
No withdrawal or deposit fee Regularly updated Largest coin collection available 24/7 customer support Simple and easy-to-use |
A bit complicated for beginners Hacked in 2020 |
5. Bitstamp
Best For – The Oldest crypto exchange
Trading Volume – $143,941,620
Coins – 74
If you’re looking for the top 10 best crypto exchanges, Bitstamp is one of them. It is a platform for users who want to trade small amounts of cryptocurrencies and are not professional investors. The best part is that if you trade less than $1000 per month, Bitstamp won’t charge any fees to you. But if you trade more than that, they will charge you a small percentage of your trading volume as a fee.
You can deposit money into Bitstamp using different methods like ACH (for USA residents), SEPA (for Europeans), and Faster payments (for UK residents), and they won’t charge you any fees for those deposits. However, if you choose to use a credit or debit card or payment services like Google Pay, Apple Pay, or PayPal, Bitstamp will charge you 4% of the amount you’re paying.
You can trade more than 80 different cryptocurrencies on Bitstamp that include Bitcoin, Cardano, Solana, Ripple, and Polygon. If want to trade on your mobile phones you have two apps, one for the regular trading and another for experienced traders.
Pros | Cons |
Powerful trading platform Simple user interface 24/7 customer support Highly rated mobile app Support multiple fiat currencies |
High trading fees Missing major cryptocurrencies Hacked in 2015 |
6. OKX
Best For – Wallet and exchange
Trading Volume – $565,755,776
Coins – 341
OKX was established in 2017 and headquartered in Seychelles. It has gained a strong reputation for being a reliable and secure platform.
OKX is also one of the top 10 best crypto exchanges which is known for its diverse range of popular digital currencies. It’s a place where you can buy or sell crypto currencies easily. In just last 24 hours on OKX, trade worth is $1,677,522,441.
It offers a wide range of 203 different markets to explore and trade various cryptocurrencies. It also supports 483 trading pairs, which means you have plenty of options to choose from, whether you’re beginner or an experienced trader.
Pros | Cons |
Popular crypto exchange Advance trading platform Access to a larger Web 3 ecosystem 24/7 customer support Quick verification process Extensive range of pro trading options Low trading fees |
Confusing support content Not available for US residents |
7. Gemini
Best For – Security
Trading Volume – $18,090,920
Coins – 117
Gemini is a cryptocurrency exchange that follows regulations in US, making it one of the trustworthy platforms. It allows you to trade and store more than 20 popular cryptocurrencies. Whether you’re a beginner or an experienced trader, Gemini is designed to accommodate your needs because it is one of the top 10 best crypto exchanges around the globe.
Gemini offers some useful features like Two-factor authentication for security, cold storage to keep your assets safe, and a hot wallet for easy withdrawals.
When you talk about funding your account, you can deposit various digital assets. They have recently started accepting regular currency as well. However, they only accept US dollars as a regular currency. They also accept wire transfers from anywhere in the world and ACH transfers from US citizens.
Pros | Cons |
Available in all US states Signup and verification process is quick and easy 24/7 Customer support Mobile app available Simple interface that is easy to navigate Strong security framework |
Lake of advance trading tools Higher fees than other cryptocurrencies |
8. Gate.io
Best For – Experienced crypto market traders
Trading Volume – $365,066,117
Coins – 1696
Gate.io was founded in 2013 in China by its CEO, Lin Han. It is a centralized cryptocurrency exchange that offers a wide range of coins and tokens for trading. It provides support to 1400 cryptocurrencies and more than 2500 trading pairs.
The platform is recognized as one of the top 10 best crypto exchanges in terms of trading volume, exchanging over 12 billion dollars’ worth of cryptocurrencies daily. This exchange facilitates spot and margin trading and empowers users with diverse trading options.
Gate.io is available for users in most countries around the world. But it is not allowed in a few places like Cuba, Iran, and North Korea. However, some services are restricted for the residents of Washington and New York in US, as well as in Canada.
Pros | Cons |
Advance trading features Reasonable trading fee 24/7 customer support Highly secure Amazing IEO platform |
Not user-friendly High deposit fee No fiat withdrawals |
9. bitFlyer
Best For – Low fee
Trading Volume – $33,256,922
Coins – 9
bitFlyer is a cryptocurrency platform and stands out as one of the top 10 best crypto exchanges where you can sell and buy digital currencies by using euros. The best thing about this platform is that they don’t charge any fee for these transactions.
It is super easy and quick to start trading on bitFlyer because of its fast verification process that takes only a few minutes. You can start trading with just ₤1, so there’s no need to worry about investing a lot of money.
The interface of this platform is simple and easy to use, especially for beginners. But if you’re more experienced, they have a special section called bitFlyer Lightening that provides advanced trading tools.
bitFlyer also has a glossary which helps you to learn more about how everything works. Overall, bitFlyer is the good choice and is one of the top 10 best crypto exchanges, if you want to buy or sell cryptocurrencies using euros. It is easy to use, affordable, has necessary security measures in order to protect your investments.
Pros | Cons |
Easy to navigate Beginners friendly Top exchange in Japan with more than 3 million users worldwide Low fees on pro exchange Secure exchange |
Not available in all US states No live chat support Supported only few cryptocurrencies |
10. Huobi
Best For – Professional traders
Trading Volume – $403,752,835
Coins – 612
Huobi is a professional digital asset exchange platform headquartered in Singapore. It stands out as one of the top 10 best crypto exchanges originating from Seychelles. Huobi has millions of users from over 130 countries worldwide, as per the information available on their website. This platform supports both cryptocurrencies and ICO tokens and provides a comprehensive trading experience.
Huobi accepts almost all cryptocurrencies as a deposit. Furthermore, it also allows its users to make a deposit using credit cards and debit cards or even bank transfers. Huobi has no specific withdrawal fee, as they have updated it now. However, it provides a VIP membership that reduces costs by up to 60%.
Pros | Cons |
Offers high liquidity 24/7 customer support Highly secured Supported large number of crypto currencies Largest exchange in crypto market |
Verification process in a bit difficult or lengthy Mobile app is not available Not available in all states of US |
Criteria to Choose the Top 10 Best Crypto Exchanges
Choosing the right cryptocurrency exchange requires thoughtful consideration beyond fees. Here’s how you choose the top 10 best crypto exchanges.
Supported Cryptocurrencies
An important factor to consider while choosing the top 10 best crypto exchanges is the availability of desired cryptocurrencies. Some traders may find satisfaction with exchanges handling a few coins, while some enthusiasts often look for exchanges that provide access to a broader array, such as Gate.io, which stands out with its impressive offering of over 600 different cryptocurrencies.
Educational Resources
These top 10 best crypto exchanges can be invaluable for individuals new to the cryptocurrency market. And choosing exchanges with user-friendly interfaces and robust educational resources can significantly streamline the learning curve.
Liquidity
When it comes to choosing top 10 best crypto exchanges, trading volume is vital to ensure liquidity and avoid slippage, especially for large trades. A lack of trading activity could lead to buying at higher prices or selling at undesirable rates.
Trading Volume
To choose the top 10 best crypto exchanges, analyzed the trading volume of each exchange to determine the amount of cryptocurrency being traded on the platform. This serves as a reliable indicator of the exchanges liquidity and it’s level of popularity.
Accessibility
Lastly, it’s crucial to ensure that the selected exchange from the top 10 best crypto exchanges is available in your region. Regulatory uncertainties, both at state or federal level can impact the availability of exchanges in specific countries and states. Before making a commitment to an exchange, its essential to verify its legality and potential tax implications.
Conclusion
Choosing the right exchange from the top 10 best crypto exchanges is an important step to take before buying crypto online. Investors should opt for a crypto exchange that not only offers low fees, but a safe and secure trading platform.
Frequently Asked Questions
What is a cryptocurrency exchange?
What are the top 10 best crypto exchanges?
1. Binance
2. Coinbase
3. Kraken
4. KuCoin
5. Bitstamp
6. OKX
7. Gemini
8. Gate.io
9. bitFlyer
10. Huobi