Ranking of the Best Crypto Exchanges

Best Crypto Exchanges: Key Information

The table above outlines the minimum requirements for platforms aspiring to be among the top 10 crypto exchanges. Naturally, failing to meet some of these criteria is not critical. However, it is highly desirable for a platform to align as closely as possible with these standards.

Top rated crypto exchanges of 2025, according to our ranking:

When compiling our top 10 crypto exchanges, we considered financial performance, website and app usability, cryptocurrency trading conditions, and user feedback. The main evaluation criteria include:

• trading volume;
• variety of digital assets;
• range of markets;
• additional services;
• fees, interest rates, and limits;
• platform convenience and security.

In our view, the best cryptocurrency exchange is an optimal combination of excellent overall service and specific trading features tailored to client needs.

The Best Cryptocurrency Exchanges in 2025

Cryptocurrency Exchange Binance

Binance is one of the largest cryptocurrency exchanges globally, with a customer base exceeding 243 million users. Its average daily trading volume surpasses $65 billion (all figures in this description are sourced from official websites). The platform offers access to 350+ coins, as well as major fiat currencies, futures, options, and NFTs.

Pros:

• Wide selection of digital assets for spot, futures, and margin trading.
• Attractive terms for deposits and other investments.
• Various rewards for trading activity and participation in referral programs.
• User-friendly website and crypto app available in 45+ languages.
• Reliable fund security guarantees.

Cons:

• Limited selection of fiat currencies.
• Slightly confusing and complex interface for beginners.

Binance exchange provides ideal conditions for spot, margin, and futures trading. The maximum fee is capped at 0.1%, with discounts available through bonuses and referral programs. A P2P service is also available for direct exchanges with other users. Additional services include OTC trading, the Earn platform (for deposits and staking), an NFT marketplace, and token listing opportunities.

The official website supports dozens of languages. For beginners, Binance offers a wealth of free educational resources answering the question “What is Binance?” and how it works. It also features a convenient app for mobile and desktop devices across various operating systems.

Cryptocurrency Exchange ByBit

ByBit is a global exchange trusted by over 50 million users across 195 countries. The platform handles a daily trading volume exceeding $47 billion. Users can trade more than 370 coins and other digital assets across spot, futures, and margin markets.

Pros:

• Wide range of cryptocurrencies and other digital assets for all types of trading.
• Additional trading tools, including bots and GPT-based solutions.
• Attractive investment opportunities.
• Features the best app for crypto trading Web3, packed with convenient services.
• Maximum security for trading operations and stored assets.

Cons:

• Some language versions of the website/app need improvement.
• Availability of services and trading options is limited in certain countries.

ByBit exchange offers copy trading, trading bots, and even artificial intelligence tools. Users can practice order placement for free in demo mode. The platform also features a Web3 portal with a non-custodial wallet, giving participants access to various investment projects, crypto loans, and off-exchange trading. A mobile app is available for convenient access. Wondering what is ByBit? Visit its official website for more detailed information.

Cryptocurrency Exchange HTX (Huobi)

HTX is a popular cryptocurrency platform formerly known as Huobi until 2023. It boasts over 47 million registered users, with a daily trading volume exceeding $5 billion. In 2025, the company ranked among the global top three for spot trading.

Pros:

• Extensive selection of cryptocurrencies and other digital assets.
• Comprehensive range of services for trading and investing.
• Diverse bonus program.
• Reliable protection for assets and financial transactions.
• Convenient crypto app, with a bonus for installation.

Cons:

• Relatively high fees for beginners compared to other exchanges.
• Inconsistent quality of website localization.

Today, HTX (Huobi crypto) has evolved into a comprehensive blockchain business ecosystem. It encompasses cryptocurrency and derivatives trading (offering 700+ digital assets), investment projects, content creation, research, incubation, and more. In addition to spot, margin, and futures markets, the platform offers P2P trading and a dedicated marketplace for buying and selling NFTs. The HTX Huobi exchange is also well-suited for working with fiat currencies.

Cryptocurrency Exchange Crypto.com

Crypto com exchange is a platform with over 100 million users across 90 countries. A standout feature is the mandatory installation of the mobile app. While registration is possible via the website at crypto.com.exchange, its functionality is limited compared to the app.

Pros:

• Cryptocurrency exchange Crypto.com offers a wide range of cryptocurrencies and derivatives for trading.
• Provides opportunities to earn through deposits and investments.
• Features a De-Fi wallet.
• Includes bonus and referral programs to enhance trading conditions.
• High level of security for assets and transactions.

Cons:

• Requires installation of the mobile app to access the platform's full functionality.
• No access to the user account until verification is completed.

In all other aspects, the exchange Crypto com platform fully earns its place in top rankings. It provides everything needed for efficient cryptocurrency asset management: access to major trading markets, investment options, staking, listing, a De-Fi wallet, and more. The bonus program regularly rewards financial activity and task completion. Users can also apply for a Visa card with cashback on cryptocurrency payments. More details about what is Crypto com are available directly on the platform.

Cryptocurrency Exchange WhiteBIT

WhiteBIT is a cryptocurrency platform with over 5 million users. It processes daily trading operations worth $2.5 billion. The platform supports 300+ cryptocurrencies for spot, margin, and futures trading, as well as simple conversions.

Pros:

• Offers a wide range of cryptocurrencies and other assets.
• Simplifies earning through deposits and investments.
• Features low trading fees.
• Provides special offers for businesses.
• Hosts numerous bonus campaigns, including exclusive trading tournaments.

Cons:

• The platform does not serve users from certain countries.
• Verification is required to start trading.

White BIT exchange is an ecosystem encompassing various additional services such as deposits, auto-investments, crypto loans, listings, Whitechaine, and more. Notably, it offers low fees and allows free transfers to other platform members via WB codes. The WhiteBIT crypto bonus program rewards activity and provides opportunities to win prizes through engaging tournaments.

Cryptocurrency Exchange KuCoin

KuCoin exchange is a cryptocurrency platform with a user base of over 30 million. It processes an average daily trading volume of $2.74 billion and supports 700+ cryptocurrencies. Alongside spot trading, the platform also offers margin and futures trading, with options to integrate bots and other automated tools.

Pros:

• Wide selection of cryptocurrencies and derivatives for various trading types.
• User-friendly services for executing trades and investing.
• Option to set up a decentralized Web3 wallet.
• Comprehensive rewards program.
• High reliability and security.

Cons:

• Product availability varies by country.
• The website and mobile app interfaces can be slightly confusing.

The KuCoin crypto ecosystem includes the Earn platform, enabling users to profit from deposits, staking, and investments. Additional opportunities are available through the decentralized Web3 KCC wallet. Other digital tools cater to both individual traders and businesses. KuCoin’s extensive rewards program allows users to earn cryptocurrency, discounts on fees, and various bonuses.

Cryptocurrency Exchange Gate.io

Gate.io is the best cryptocurrency exchange, serving over 19 million clients. Its daily trading volume exceeds $12 billion. The platform supports 2,900+ cryptocurrencies, alongside 100+ futures and options. Users can engage in various types of trading, including spot, margin, and futures.

Pros:

• Vast selection of digital assets for all trading types.
• Low trading fees.
• Opportunities to earn through deposits and investments.
• Diverse rewards program.
• Customer asset protection fund.

Cons:

• Certain products are unavailable in some countries.
• Inconsistent translations in different language versions.

When discussing what is Gate io, it’s essential to highlight its wide range of projects, such as Earn, Startup, Pilot, and Pre-Market Trading. The exchange’s rewards program provides ongoing incentives, offering reduced trading fees to the most active users. Additionally, savings are available by using the internal currency, Point, which Gate io exchange awards for completing various tasks.

Cryptocurrency Exchange Coinbase

Coinbase is a cryptocurrency exchange with over 110 million users. The platform’s average daily trading volume exceeds $1.2 billion. It offers access to 3,000+ digital assets. Due to local legal requirements, the platform does not provide direct futures trading, instead using a separate platform for that.

Pros:

• Wide selection of cryptocurrencies.
• Zero fees on many operations and other privileges for One program members.
• Best app for crypto trading for decentralized storage, trading, and investing.
• Exclusive Visa card with crypto cashback.
• Convenient and secure website.

Cons:

• High fees for non-subscribed clients.
• Derivatives trading unavailable in certain countries.

Coinbase exchange provides the option to install a decentralized wallet for independent trading and investing, with reliable storage for NFTs. Users can also apply for a Visa card offering crypto cashback. The platform offers various solutions for businesses and developers. For more detailed information on what is Coinbase and the terms provided by the exchange, visit their official website.

Cryptocurrency Exchange Kraken

Pros:

• High trading volume and deep liquidity.
• Wide range of trading and investment tools.
• More features for Pro users.
• Convenient crypto app for mobile and desktop devices.
• High security and reserve confirmations.

Cons:

• Availability of some products depends on the region.
• Verification may be unavailable in certain countries.

Kraken is a global cryptocurrency platform with over 10 million clients across 190 countries. Its daily trading volume exceeds $2.2 billion. The company offers access to 200+ cryptocurrencies and 100+ futures contracts. High limits, strong liquidity, relatively low interest rates on margin trading, and fast transactions are just some of the advantages of trading on the platform.

When discussing what is Kraken, it’s not just about buying, selling, and exchanging markets. The platform also provides opportunities to store assets and earn via staking. Alongside trading, users can complete various tasks to earn rewards, such as commission discounts and gifts. Switching to Pro mode unlocks even more features. The exchange Kraken platform is available through both mobile and desktop apps.

Cryptocurrency Exchange Bitfinex

Bitfinex is another platform in the top cryptocurrency exchanges, with millions of clients worldwide. Every 24 hours, the platform facilitates numerous transactions, with a total volume exceeding $760 million. The platform offers a variety of interesting products for business clients, but regular traders also have plenty to explore.

Pros:

• Wide selection of digital assets for spot, margin, and futures trading, including top-10 cryptocurrencies and fiat currencies.
• Earning opportunities through staking.
• Rewards for discovering bugs through the Bug Bounty program.
• Additional privileges when paying fees with UNUS SED LEO tokens.
• Demo trading available for practice.

Cons:

• Few promotions rewarding trading activity.
• Availability of certain products depends on the country.

On the platform, users can trade hundreds of coins and derivatives, with P2P for direct currency exchange with other participants. Staking and affiliate program opportunities are available, and specific rewards are offered for users who spot vulnerabilities in the security system. For mobile trading, users can download the best crypto trading app.

Rating of Cryptocurrency Exchanges — Key Evaluation Criteria

Leading cryptocurrency exchanges represent complex ecosystems, encompassing dozens of services and digital products. A comprehensive evaluation of these platforms requires a detailed study of various factors. When compiling our top 10 cryptocurrency exchanges list, we primarily considered the following criteria:

• Platform popularity and customer reviews.
• Selection of digital assets (supported cryptocurrencies, futures, options, NFTs).
• Availability of fiat currency operations.
• Variety of trading markets.
• Storage and investment options.
• Platform fees, rates, and limits.
• Bonus programs.
• Quality of website and app functionality.

The best cryptocurrency exchange must demonstrate high financial performance. Clearly, a platform that ranks among the leaders in terms of traffic and overall trading volume (daily, monthly, or yearly) commands customer trust. Reputation in the market is also a key factor in our rating metrics, including any controversies such as non-payments, hacks, or issues with regulatory bodies.

A wide selection of cryptocurrencies and other assets is essential for platforms aiming to rank among the top rated crypto exchanges. Leading exchanges offer 250+ coins. In addition to well-known assets like BTC, USDT, ETH, and SOL, they often list tokens that have not yet been launched. Users can buy cryptocurrency listed at a lower price.

Trading and investment opportunities in cryptocurrencies are also critical factors. Best crypto brokers provide spot, margin, and futures trading, direct proven exchange between participants, access to NFTs, as well as opportunities for earning through deposits and staking. They also offer services that allow operations with fiat currencies.

Financial conditions are of utmost importance for crypto exchanges. Traders want to buy and sell at the most advantageous rates with minimal fees, while also earning high returns on their investments. A good bonus program can often enhance these conditions, so studying it is crucial. For large traders, the purchase/sale and withdrawal limits on top rated crypto exchanges are equally important.

Finally, the quality of the platform itself cannot be ignored. A simple and clear interface, localized for different regions, is highly valued. The best crypto exchange should offer comfortable working conditions on both desktop and mobile platforms. Security levels are particularly important.

TOP Exchanges for Trading: Key Points

Cryptocurrency transactions inherently carry risks. It’s vital to avoid additional issues stemming from the wrong platform choice. Even the best crypto brokers do not guarantee financial success, but at least, in case of a loss, you can only blame your own decisions. Therefore, choosing the right platform deserves serious attention.

Trading Volumes

Larger companies tend to have higher reputations. Top cryptocurrency exchanges with massive trading volumes, attracting millions of clients, take extra care in maintaining service quality. Security issues or scandals involving scammed clients could result in significant financial losses, which makes the reputation of such platforms crucial. This doesn’t mean that a large exchange is the best crypto trading platform with guaranteed perfect service, but they strive for it.

Assets

The best crypto brokers offer a wide range of digital assets, including:

• Cryptocurrencies.
• Tokens.
• Futures.
• Options.
• NFTs.

A greater variety of assets means more trading opportunities. TOP crypto exchanges also give clients the chance to buy new tokens at an initial price, even before they hit the market, or to invest in promising startups.

Types of Trading

The best cryptocurrency apps offer 3 main types of cryptocurrency trading:

1. Spot Trading — Direct buying or selling of cryptocurrency with transactions executed instantly at the market price or when a specified threshold is reached.
2. Margin Trading — Spot trading using borrowed funds (maximum leverage is set by the cryptocurrency exchange), allowing for increased transaction size with the same nominal value.
3. Futures Trading — Trading derivatives (futures and options) allows for buying/selling assets under proposed conditions with the use of leverage.

If you are interested in a specific activity, the best crypto broker is the one that offers favourable conditions for that field. However, leading exchanges usually provide excellent opportunities across all areas of trading.

Deposits and Withdrawals

The best crypto exchange offers the ability to deposit coins from another wallet without a commission (although a fee may be charged by the service from which the funds are sent). The deposit process is simple but requires attention to details. If you select the wrong network for transferring Bitcoin, Ethereum, Tether, or Solana, your deposit will be lost. The same applies to withdrawing funds to a crypto wallet outside of the exchange.

When it comes to fiat currency operations, the crypto exchange comparison reveals a greater variety of options. Leading platforms allow users to exchange fiat for crypto during deposit, use traditional money for spot trading, and directly withdraw it to a bank card or other payment methods. But in the top 10 crypto exchanges, there are also platforms where working with fiat currencies is not very convenient.

Commissions and Interest Rates

The trading conditions offered by the best crypto broker are the first thing experienced traders focus on, especially with large volumes of transactions:

• Trading Fees. The exchange’s fee for financial operations depends on the type of trade, the size of the transaction, and the participant’s status (maker/taker).
• Interest Rates. A cryptocurrency exchange charges daily interest for lending funds, based on a set rate. The lower the rate, the better, unless it’s for depositing funds in a savings account.
• Discounts. Nearly all exchanges offer traders discounts on fees through promotions, loyalty programs, and partnerships.

Usually, the best crypto trading app also incentivizes active clients with zero fees for certain operations.

Interface

A user-friendly interface is crucial for both experienced traders and beginners just starting with cryptocurrency trading. Experienced users need fast access to assets and markets, minimal slippage on instant orders, and the lowest possible technical risks. This is especially important for mobile traders. Best crypto broker for beginners pay extra attention to the simplicity of their interfaces.

Additional Features

A modern crypto exchange is a full ecosystem, providing users with a comprehensive range of earning opportunities on cryptocurrency:

• A reliable crypto exchanger for quickly depositing fiat currency to buy digital assets and withdrawing it to a card or other payment methods (e.g., P2P trading).
• Earn programs to store cryptocurrency for passive income or invest in promising coins and projects.
• The best crypto trading app for decentralized trading.
• Additional trading tools such as copy trading and bots automate processes.
• A variety of business offerings — from payment setup to large-scale trading and comprehensive consulting support.
• Affiliate programs from a crypto exchange that offer rewards for attracting new clients through referral codes and advertising.
• VIP programs and promotions offering discounts on fees and valuable gifts.
• Free trading in demo mode, free training, and more.

The best place to trade crypto is where clients are provided maximum comfort and security. Financial success on these platforms depends solely on the user’s decisions.

Choosing a Crypto Exchange: Tips for Beginners

Ratings can help quickly find the best cryptocurrency app or site according to clients and experts, but the final choice is up to the user. First, it's important to personally assess the platform's interface and conditions. You don't need to register to get an overview of trading offers and services. This information is usually easy to find in the relevant sections of the website.

Make sure to visit the Help Center. It's a bad sign if the information is presented in a way that's too concise, confusing, vague, or outdated. This indicates that it might be difficult to resolve even basic issues. The best crypto broker for beginners prioritizes customer support and education.

For those who prefer trading from a smartphone, it's recommended to assess the crypto app for iOS/Android, if available, and the mobile version of the site. Sometimes, a platform may require you to install an app on your phone or tablet to use it. This can be inconvenient for users who prefer working from a desktop or laptop.

The best platform for crypto trading can be chosen based on the following criteria:

• Trading commissions.
• Interest rates for deposits and loans.
• Discounts, bonuses, and VIP services for loyalty and activity.
• Access to specific digital assets and markets.
• Limits on transactions.

If a crypto exchange is chosen for a specific type of trading, such as futures trading, it’s essential to review the conditions in that sector. This is more important than good offers for investments or bonuses on the spot market if the goal is to succeed with derivatives.

For many users, an exchange is not the best place to trade crypto, but a payment tool. They use their account solely for deposits, exchanges, and withdrawals. In this case, the most important factors are commissions and exchange rates (especially for clients with smaller transaction volumes), as well as the availability of services for working with national currencies and other popular fiats. Having a P2P platform is also highly desirable.

As mentioned, for beginners, the clarity of the interface is crucial. The best crypto trading platforms works in multiple languages. It's great if your native language is supported, but users from many countries have to rely on online translators, which can be inconvenient and lead to translation inaccuracies. If the platform doesn’t support your familiar language and the offered interface is overly complicated, it's easier to look for another option.

Starting on a Cryptocurrency Exchange

Beginners who don’t fully understand what a cryptocurrency exchange entails should start by learning the basics. Every serious platform has a Help Center that details all internal processes, from registration and verification to specifics on futures trading and earning from investments. If anything is unclear, it’s possible to contact customer support for clarification.

To start trading on an exchange, follow these steps:

1. Register on the platform.
2. Complete the verification process to confirm personal details.
3. Make your first deposit.

The TOP crypto exchange aims to make registration as simple and fast as possible. Often, it’s enough to log in using your Google, Apple, or another popular service account. For phone number or email registration, you usually need to provide contact details and confirm them, along with a password. At this stage, you can typically apply a referral code, which provides a welcome bonus for the new user and a reward for the person who referred them. Sometimes, registration requires installing the best cryptocurrency app, as it may not be available on the website.

Some platforms require immediate verification from clients. Without this, you won’t be able to access your account. Other platforms allow verification at a later stage, which gives users the opportunity to evaluate the interface and services. However, verification is mandatory, as usually, any cryptocurrency exchange restricts functionality for semi-anonymous users. Typically, to verify your identity, you need to take a photo of your ID and a video selfie according to the instructions. The process may take anywhere from a few minutes to several business days.

Once you have access to your account’s core features, consider enhancing security. Best crypto trading platforms offer two-factor authentication (2FA) as an extra step for login confirmation via a code sent to an app or phone. There is usually also the option to activate an API key and anti-phishing code. Security is vital, so don't neglect features that strengthen it.

The next step is to fund your account. To deposit funds from a crypto wallet, provide the address generated by the exchange and the transaction network. The best cryptocurrency app or website also allows you to deposit fiat money from a card or other payment method. You can either buy crypto directly or exchange fiat for crypto on the platform. Beginners should consider making a minimal deposit to get familiar with the process with limited risk.

Best crypto trading platform use multiple accounts for different activities — such as cryptocurrency trading, futures, margin trading, or investments. In this case, additional internal exchanges may be required for certain operations. These are usually free and take only a few seconds. Once your balance is funded, you can start trading and investing. If the platform has educational services with demo modes, beginners should start with them. Ultimately, the decision of what is the best crypto exchange lies with the user.