Cryptocurrency is one of the most talked-about subjects in today’s world. Like other transaction systems, it requires a bank account and a sufficient balance in order to exchange money. Every transaction is checked and verified by miners to prevent double-spending or to solve the problem of repeated use of the same entity. Miners stamp transactions as legitimate and then distribute them throughout the system. Numerous trustworthy cryptocurrency exchanges are available for selling or purchasing cryptocurrencies.
These Are The Best 20+ Cryptocurrency Exchange Platforms
Coin exchanging platforms are websites that facilitate the trading of digital and traditional currencies such as the Euro or US Dollar for cryptocurrencies. In this article, we go over the best 20 cryptocurrency trading platforms in detail.
1. Binance
If you’re looking for one of the most demanding cryptocurrency exchange platforms, then this is the platform for you. If you’re just getting started, this platform will help you become an expert thanks to its multi-dimensional UI and innovative foundation.
Insights
- They are capable of processing 1,400,000 orders per second.
- The system is easier to use because of the separation of the functions for managing clients, data, and applications.
- The trading process is protected by a multi-layered method and clustering technique.
- In addition to mobile apps, there is a distinct desktop software for Windows and Mac.
- Use the open-source API to build a cryptocurrency trading platform or marketplace.
2. Gate.io
Gate.io is one of China’s oldest and largest crypto-to-crypto exchanges. A prominent Initial Exchange Offering (IEO) platform, several cryptocurrencies, margin trading with leverage, and other innovative financial services like margin lending or borrowing have made Gate.io one of the fastest-growing crypto platforms. In spite of its sophisticated trading engine, the platform’s UI feels cluttered and is generally not the greatest place to start for novice investors.
3. Coinbase
Coinbase is one of the largest bitcoin exchange websites, it can be referred to as the greatest crypto trading platform. It’s a hot commodity because it’s easy to access and secure. There are other features like a wallet, an API for developers to link third-party apps, and trading available.
Insights
- This platform is straightforward to use and understand. It’s designed to help newcomers get a handle on the Bitcoin concept.
- Visa and Mastercard are two of the most widely accepted forms of payment.
- There is a limit on the amount of Bitcoin that can be purchased with a credit card as a backup.
- However, even though it has a large customer base, it is able to execute your transactions quickly.
- Its effectiveness for consumers is enhanced by the relatively modest cost and the extremely high purchase limit.
- In addition to digital wallets, Coinbase offers deposit boxes and vaults for storing your assets.
4. Bybit
Cryptocurrency exchange Bybit offers spot and futures trading with up to 100x leverage for trading BTC/USD and the Ethereum currency pair (ETH/USD).
An investment bank, tech companies, the foreign exchange market, and early blockchain adopters make up Bybit, which was launched in Singapore in March 2018. Located in the British Virgin Islands, it has approximately 2 million customers and is a regulated trading exchange.
5. FTX
In May 2019, Alameda Research, a leading quantitative cryptocurrency trading firm, welcomed FTX’s launch. A wide range of volatility products and industry-first derivatives have helped it gain a foothold in the trading world. FTX also secured funding from Binance in December 2019, cementing its position in the cryptocurrency trading sector.
FTX was built by traders for traders, and it aims to be both user-friendly and powerful enough for experienced traders.
6. Bitfinex
When discussing cryptocurrency exchange platforms, Bitfinex is the most talked about. Tracking the interest of buyers and sellers for a specific financial instrument is done in an advanced manner. There are eight different order types available on this platform, which sets it apart from the majority of trading platforms. In addition, all you need to become an authorized trader is a smartphone.
- Users can get acquainted with bitfinex’s interactive user interface thanks to existing demos.
- In addition to Bitcoin, Ethereum, Monero, and Dash, it also supports Ethereum Classic (ETC), Litecoin, Ripple, and NEO.
- By leveraging your trades, Bitfinex is able to offer you the best possible rate at any given moment.
- With their peer-to-peer platform, you can expand your digital asset holdings and attract buyers and sellers.
- Other than the three basic types of orders (limit, market and stop), there are five additional options.
- Although the site has been hacked before and the platform’s security is questionable, you won’t need to deposit any money to use crypto.
7. Kucoin
To date, KuCoin has established itself as a prominent one-stop shop for all kinds of crypto transactions. The exchange was launched in August 2017 and has since grown into one of the most vibrant crypto hubs on the internet. KuCoin is one of the most secure and user-friendly cryptocurrency exchanges on the market today.
It offers a wide range of services, including margin and futures trading, a built-in P2P exchange, the ability to buy crypto using a credit or debit card, instant-exchange services, the opportunity to participate in fresh initial exchange offerings (IEOs) via KuCoin Spotlight, some of the lowest fees in the market, and much more! Small-cap cryptocurrencies that have a lot of potentials, a wide variety of coins, and generous profit-sharing incentives – up to 90% of trading fees go back to the KuCoin community through its KuCoin Shares (KCS) tokens make KuCoin a favorite of investors.
8. Kraken
Kraken is one of the best cryptocurrency exchanges for newbies to use. Learn how to use cryptocurrency and become an expert with this platform! This platform focuses on highlighting how people’s understanding of money and finance is constantly evolving.
- Experts and newbies alike can benefit from this platform. It’s easy to keep track of your social media profiles thanks to its portfolio management features.
- Customers can rest assured that the digital platform they use will be safe and secure at all times.
- It provides round-the-clock global support to ensure that clients can communicate with the company in a clear and fluent manner at all times.
- Kraken has a wide range of options for listing your assets. If you’d like, you can even make investments in your own portfolio and find a partner to invest with.
- Investors of all sizes are supported by this platform’s unique solution that handles capital.
- Over-the-counter trading can help you become a better investor, and Kraken offers competitive pricing plans and a streamlined process.
9. Crypto
Consider using Crypto.com, which is a simple yet powerful all-in-one cryptocurrency platform. A higher stake in Crypto.com coin (CRO) will yield greater rewards from this exchange. Even without the CRO bonuses, it’s a solid low-fee crypto exchange with more than 60 cryptocurrencies available in most of the United States—especially if you want a crypto debit card. ‘ Find out if Crypto.com is right for you by reading our comprehensive review.
Anyone interested in using, trading, storing, and saving cryptocurrencies, particularly the Crypto.com coin, should consider using this cryptocurrency exchange. You can buy, sell, and trade a wide variety of cryptocurrencies with this all-inclusive exchange.
10. OKEX
The OKCoin exchange spawned the OKex exchange, a cryptocurrency trading platform aimed at more experienced investors. If you’re looking for a more traditional financial securities exchange, OKCoin is your best bet; it focuses solely on cryptocurrency and ICO token purchases and sales.
A daily turnover of $1.5 billion is claimed by OKex, which is listed on CoinMarketCap.com as one of the world’s largest international cryptocurrency exchanges. With other well-known Chinese cryptocurrency exchanges under scrutiny, some are questioning whether the reported turnover numbers are accurate due to allegations of exaggeration and manipulation..
OKex launched their own ‘utility token’ cryptocurrency in early 2018 in a move that mirrors other major Chinese exchanges like Binance and Huobi Pro. In order to pay for “exclusive services including dedicated customer support and enhanced API rate limits,” the token can be used to settle exchange fees. It appears that cryptocurrency exchanges are embracing proprietary utility tokens in response to Binance’s ICO, which made the exchange the world’s largest in less than a month of its launch.
Although no official announcement has been made, there have been rumors that OKex plans to launch its own public Blockchain platform in the style of Ethereum.
11. Localbitcoins
If you’re looking to buy or sell bitcoins at a fixed rate, LocalBitcoins is a great place to do so. You can see the current rate of different cryptocurrencies in your currency based on your location. This service also accepts payments via local online payment gateways.
- The procedure is simple. The entire process can be completed in a matter of minutes, from account creation to a digital wallet.
- If you want to buy or sell digital assets, you can do so by meeting the trade partner directly on this platform.
- LocalBitcoins’ interactive platform makes posting an ad a laughing stock.
- Although the exchange rate is high, it accepts a wide variety of payment methods.
- A P2P network, community-focused culture, and sophisticated strategies keep the network safe.
12. Gemini
While this cryptocurrency exchange platform focuses on low-risk trading, the central part of its goal is to confirm recurring purchases across its order book. Cryptocurrency adoption has been the focus of this platform since 2016. It began in New York City and has since expanded to Hong Kong, Singapore, South Korea, and Japan.
- Taking control of your financial future is easy with Gemini, which gives you access to a variety of powerful tools.
- To become a trusted SaaS provider, the first platform must pass the SOC 2 Type 1 examination.
- When dealing with a large number of crypto-assets, Gemini is one of the few trading platforms with an Auction function.
- To begin trading, you need only deposit a small amount of money into an offline wallet.
- Has maker-taker pricing like other crypto trading platforms and charges users a standard fee of 0.25 percent.
13. Bittrex
In terms of cryptocurrency trading, Bittrex is one of the best. Blockchain technology is being used to revolutionize the global demand for cryptocurrency. In addition to security, Bittrex focuses on speeding up the transaction process. Using this new technology aims to revolutionize the way people buy and sell goods.
- For example, it has cross-sectional layers, as well as various security schemes, making it a highly trustworthy platform.
- Algorithmic trading makes it possible to integrate with third-party trading platforms.
- Real-time transactions can be completed thanks to the scalable engine’s minimal processing time.
- An anti-money laundering blockchain project, it aims to increase the global adoption of cryptocurrency.
- There are also digital wallets that allow for instant trading of tokens, as well as a modern approach to recording token orders.
14. Bitflyer
As a Japan-based cryptocurrency exchange, bitFlyer is able to serve traders in Japan, Europe, and the United States. In addition to being Japan’s largest crypto exchange, bitFlyer is the only licensed exchange to operate in all three regions.
BitFlyer USA is an excellent choice for individuals or corporations looking to invest in a limited number of assets, such as bitcoin and a few other cryptocurrencies. Both iOS and Android devices can use the bitFlyer US app.
BitFlyer, TradeStation, and Coinmama all offer cryptocurrencies, but the three platforms’ fees, account types, and supported investments are all unique to each of the three platforms.
15. Bithumb
This Bithumb review covers most of the exchange’s features and functions. As a result, this piece should not be interpreted as financial advice. As a result, we strongly advise traders and investors to conduct their own due diligence prior to getting involved in the cryptocurrency market.
South Korea’s most popular cryptocurrency exchange is Bithumb. In fact, according to CoinGecko, Bithumb is among the top 50 cryptocurrency exchanges in the world. Furthermore, the Bithumb trading platform is available on mobile devices as well. Consequently, the exchange can be downloaded on Android and iOS devices.
Traders can also select from a wide range of trading options available on the platform. Remittance, for example, allows traders to send money internationally using Bithumb’s margin trading with up to 10x leverage. These are just a few of the trading options available on the platform.
To top it all off, the trading volume on the Bithumb exchange is consistently high. As a result, all users and traders of the platform can expect high asset liquidity. Above all, Bithumb offers round-the-clock phone and live chat support to all of its users.
Despite the fact that the exchange is located in South Korea, it supports a wide range of languages other than Korean. To name a few examples: Spanish; Chinese; Japanese; English; Hindi; and so on. This means that people around the world can use the platform in the language of their choice. Bithumb is truly a lifesaver when it comes to trading.
16. Huobi
Only residents of the United States of America are permitted to use this trading platform. Unlike other exchange platforms, this one converts cryptocurrencies quickly and reliably, making it a popular choice among users. In addition, this marketplace allows you to freely transfer your asset from Huobi global to Huobi OTC.
- On one of the most advanced currency trading platforms available, you can create tokens and giveaways.
- This platform’s premium currency wallets are protected by a DDoS-mitigation layer and multi-stage authentication.
- A wide range of platforms is supported by Huobi’s API, which is open-source and free.
- Huobi Tokens can be used to buy real-world goods, and there are more than a hundred trading pairs to choose from.
17. Poloniex
However, Poloniex, a self-proclaimed “legendary crypto assets exchange,” is no longer as popular as it used to be, but it still provides excellent service for trading bitcoin and altcoins on the platform. It has the lowest fees in the industry and only asks for your email address during registration as identity verification is completely opportunistic. However, customer service is lagging behind other exchanges, and a security breach occurred in 2014, putting it behind the competition. Relocating to Seychelles and adopting a more open, loosely regulated approach, the exchange is now capable of offering more services and supporting a wider range of cryptocurrencies, allowing it to gradually return to the cryptoverse’s infrastructure.
- Coinbase lets you buy and sell over 60 different cryptocurrencies, such as bitcoin, ethereum tokens, litecoin, ripple, eos tokens, and more.
- Low costs. Among the most popular alternative cryptocurrency exchanges, Poloniex charges the lowest trading fees.
- Trading on a margin. Low-fee margin trades with a leverage of up to 2.5x are an option in addition to spot trading.
- Poloniex’s margin lending facility. Lending out your crypto assets and collecting interest is a passive way to make money.
- DEX and IEO launchpad for Poloni Poloniex’s decentralized counterpart, Poloni DEX, is a great place to invest in the most promising new crypto projects.
18. CEX
With more than 3 million satisfied customers, it has established itself as a trustworthy platform for exchanging bitcoins and has earned its reputation. You can use Visa/Mastercard to deposit funds on this platform to trade or buy bitcoins.
- Using order listing algorithms, it can process high-volume orders instantly in real-time.
- Anti-DDoS attacks and full data encryption are among the unique security protocols implemented to ensure strong security.
- Negative balance protection and a ten-fold increase in trading speed are the results.
- User accounts can be used to check their balance, as well as to generate reports.
- In terms of liquidity, execution speed, and spreads, this platform is ideal for trading with the world’s most popular currency pairs.
- It’s an elite cryptocurrency exchange platform because of its competitive strategies and different pricing plans for market makers and traders.
19. Coincheck
Tokyo-based Coincheck is a well-known cryptocurrency exchange. Japanese venture capital firm acquired the company following the Coincheck hack in order to expand the company and capitalize on the ongoing cryptocurrency craze, which is currently booming. To make it easier for Japanese citizens to get into the cryptocurrency market, Coincheck accepts Yen as a form of payment. To top it all off, anyone in Japan who trades for less than $500 does not need to prove their identity.
A wide range of cryptocurrencies is accepted by Coincheck. There are many uncertainties about the future of Coincheck right now. Refunds for hack victims have begun, and new user registrations are currently unavailable. What will happen to Coincheck? Investigate the matter further in order to come up with a satisfactory answer.
20. Bitstamp
Bitstamp is a major player in the cryptocurrency industry. They’ve reached a point where they can better serve and protect their customers. In addition, the ability to withdraw directly to your bank account and the fact that there is no withdrawal limit have helped it maintain its position for a long time.
Over 98% of digital assets are currently stored in cold storage, which has been proven reliable since 2011.
The mobile app and website both have a simple user interface that encourages newcomers.
There are also a variety of tools that can help you gain insights into the market for experienced merchants.
High-performance FIX and HTTP APIs allow you to implement your own trading or marketplace strategies.
Multi-signature technology, for example, is one of several account types available from Bitstamp.
21. Luno
Powered by a powerful trading engine, Luni has many advanced options. Bitcoin and Ethereum are the only currencies that can be traded through the system. The platform is simple to use, and detailed instructions are provided at every step.
- In terms of cryptocurrency trading on digital platforms, Luno can be considered one of the pioneers.
- Has customers from around the world and a wide variety of products to choose from. It has also processed more than $8 billion.
- Traders can access customer service and support in a variety of languages, and the platform is simple to use.
- Having 2FA makes it a better place for investors because of the high level of security.
22. Liquid
The Liquid is a decentralized crypto trading platform. It is one of Asia’s most trusted cryptocurrency exchanges. The Liquid exchange is a highly advanced trading platform that supports a wide range of cryptocurrencies, including Bitcoin and Ethereum.
Furthermore, the Liquid exchange began offering Peer-to-Peer (P2P) crypto services in January 2014. For the past nine years, Liquid has been a leader in the crypto exchange market with its simple, day-to-day services for digital assets like bitcoin.
Furthermore, the headquarters of Liquid Exchange is in Singapore. Only the Japanese Financial Supervisory Authority (FSA) has the authority to oversee and approve this product in Japan.
In terms of trading, the Liquid exchange performs well because it is more efficient than other exchanges at facilitating simple transactions. As a result, Liquid exchange is a highly regarded crypto platform for all users.
The Liquid exchange offers a wide range of trading options as part of its service. Additionally, Liquid has a smartphone app dubbed Liquid Pro App for individual hands-on trading on the platform.
User-friendly and convenient, the Liquid Pro mobile App helps traders keep track of their crypto investments. Other cryptocurrencies can be traded directly through the app, so you don’t even need a laptop. As a result, it’s a standout feature.
23. Coinmama
Coinmama has been a major player in the crypto-trading market since its inception in 2013. For the benefit of traders, it focuses on the ever-evolving development process. You don’t need to deposit money to buy Bitcoin, Ethereum, Ripple, and other popular cryptocurrencies. Once your account has been verified, you can begin trading right away.
- A bitcoin calculator is available on this website. You can see the current exchange rate in your local currency right now.
- It encourages customers to use a digital wallet and emphasizes security and privacy standards.
- As there is no API available, this platform cannot be integrated with any other third-party platform.
- The openness and responsiveness of this platform’s user interface have made it a household name.
- All of the most popular payment methods are supported. Western Union payments are also accepted on this platform.
