Crypto exchanges have grown increasingly popular over time, providing users with a platform to buy, sell and trade cryptocurrencies. As the cryptocurrency market expands and more exchanges emerge on the scene, making it harder for traders to select an exchange that fits their trading needs. With this comprehensive guide we aim to give users a comprehensive overview of today’s leading exchanges; from security measures and transaction fees all the way down to what you should consider when choosing an exchange platform.
Crypto Exchanges
1) Binance
Binance is one of the world’s premier cryptocurrency exchanges, founded by Changpeng Zhao in Malta and featuring user-friendly trading pairs including BTC, ETH and USDT. Furthermore, Binance Coin (BNB) can be used to pay trading fees at discounted rates; and has tiered fees according to trading volume – providing lower fees for higher volume traders.
2) Coinbase
Coinbase, established in 2012 and headquartered in San Francisco, USA is a widely popular cryptocurrency exchange platform. Coinbase boasts more than 56 million verified users from 100+ countries around the globe and offers user-friendly interface. Coinbase supports an array of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) among many others.
3) Kraken
Kraken, founded in 2011 and located in San Francisco, USA is one of the oldest and most trusted cryptocurrency exchanges. Renowned for its security measures and regulatory compliance compliance standards, it provides traders with a selection of cryptocurrencies for trading including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), among others. Furthermore, the platform also features advanced trading tools such as margin trading and futures trading capabilities.
4) Bitfinex
Bitfinex is an established cryptocurrency exchange founded in 2012 in Hong Kong. Known for its advanced trading tools and high trading volume, Bitfinex is often chosen by experienced traders looking for their next investment venture. They offer Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), among many other cryptocurrencies for trading on Bitfinex.
5) Huobi
Huobi was established in 2013 and operates out of Singapore. It is one of the world’s largest cryptocurrency exchanges by trading volume, offering an array of cryptocurrencies for trading.Huobi boasts a user-friendly interface that supports various trading pairs including BTC, ETH and USDT; additionally providing advanced tools such as margin trading.
6) Kucoin
KuCoin was launched as a cryptocurrency exchange in 2017 in Seychelles, and is renowned for its user-friendly interface and low trading fees, making it popular with traders of all experience levels. Support for trading various cryptocurrencies includes Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), with advanced tools available such as margin trading and futures trading available on KuCoin as well.
7) Bittrex
Bittrex, established in 2013 and located in the United States, is a well-recognized cryptocurrency exchange known for its high level of security and user-friendly interface – making it an attractive option for novice and veteran traders alike. Bittrex offers an extensive range of cryptocurrencies for trading including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and many others, along with advanced trading tools like margin trading and limit orders. Fees charged depend upon trading pair/volume combination; fees also may change according to how quickly you buy/sell any particular cryptocurrency is traded between exchanges or on platforms offering these tools, with fees dependent upon these factors as well.
8) Okex
Okex was established in Malta in 2017 and offers cryptocurrency trading to both novice and seasoned traders alike. Renowned for its user-friendly interface, advanced trading tools and top-of-the-line security, OKEx is popular among both beginner and veteran traders alike. OKEx provides access to many cryptocurrencies for trading such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) as well as advanced features such as margin trading, futures trading, options trading.
9) Gate.io
Gate.io, established in 2017 and located in Cayman Islands, is renowned for its user-friendly interface and low trading fees, making it a top choice among traders of all experience levels. Gate.io supports trading for numerous cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) Litecoin (LTC), among many others; furthermore it also provides advanced tools such as margin trading and futures trading for users’ convenience.
10) Bitmex
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BitMEX (Bitcoin Mercantile Exchange) was established in 2014 and operates out of Seychelles, offering cryptocurrency derivatives trading platforms with advanced trading features, such as margin and futures trading with high leverage options. BitMEX currently offers trading in Bitcoin (BTC) perpetual futures, Ethereum (ETH) futures and Litecoin (LTC) futures among others.