Best Cryptocurrency Exchange

Standard Fees: Spot trading - 0.1%; futures trading - 0.02% for makers, 0.055% for takers; options trading - 0.02%.

Supported Crypto: Over 1,100.

Bybit is a crypto derivatives exchange that was founded and established in 2018. While the platform started out by offering its clients crypto derivatives products, exclusively, it has grown to become one of the more respected and well-known exchanges on the market, in just a few years’ time!

The features and benefits offered by this particular exchange are plenty - users can expect everything from a state-of-the-art trading interface, all the way to a dedicated mobile app and beginner-friendly functionality.

On top of that, Bybit also employs some of the better fee models, as well. While your actual fees will vary depending on your VIP level, the spot market fees will range anywhere from 0.1% across the board, all the way down to 0.02% and 0% for market takers and makers, respectively.

While Bybit does position itself as a beginner-friendly crypto exchange, the platform caters to advanced-level traders, as well. You can access the aforementioned perpetual and derivatives markets, utilize up to 100x leverage, as well as use other advanced trading tools, as well.

Lastly, if you ever find yourself stuck, there will always be helpful customer support agents to assist you - definitely notable, when it comes to the best cryptocurrency exchanges in the industry!

Standard Fees: Spot trading - 0.1%; futures trading - 0.02% for makers, 0.05% for takers; options trading - 0.03%.

Supported Crypto: Over 500.

Binance is a very familiar name for anyone who’s ever done any crypto trades, or was looking for the best crypto exchange. It’s one of the dominating exchanges in the industry, and there are a couple of good reasons why that’s the case.

For starters, Binance has some pretty high trading volumes. If you’re a complete beginner when it comes to crypto trading (or simply trading, in general), you might not be aware of just how significant this point actually is!

You see, if an exchange has some high trading volumes, this means that people actually do trust the platform, and there are a lot of cryptos that run through it on a constant basis.

Even more than that, though, it means that there are always going to be competitive prices available for you to analyze and perhaps even utilize, if you're quick enough.

You see, if you were to look for some top 10 crypto exchanges (or any number of top exchanges, for that matter), and pick one that has non-existent trading volumes, you’d have a pretty hard time selling or buying crypto coins there, at some good prices.

Binance is also great because it utilizes 2FA - two-factor authentication. This means that the exchange truly does take the question of security seriously (even though it did have some issues with its security side of things, some time back).

Finally, the thing that makes Binance one of the best crypto exchanges out there is the fees that it enforces. You’ll pay up to 0.1% in fees for spot trading, no matter what sort of, or how much crypto it is that you’re trading. That’s amazing!

Standard Fees: Spot trading - 0.25% for makers, 0.4% for takers; futures trading - 0.02% for makers, 0.05% for takers.

Supported Crypto: Over 200.

Looking for the best crypto exchange, or simply the best place to buy cryptocurrency, sooner or later, you’re going to come across Kraken.

Admittedly, this might be one of the better options as far as the “best” part is concerned.

What makes Kraken so special? Well, for starters, the exchange in question offers users more than 200 different cryptocurrencies to pick from, in regards to trading, buying and selling. While this is far from the 5000+ different crypto assets that exist today, let’s face it - most people are going to be interested in 3-7 cryptocurrencies, tops.

With a selection of over 200 crypto coins and tokens, Kraken does truly offer a good variety of choices! To add to that, you can purchase cryptos with fiat currencies on the exchange itself - this makes things significantly easier!

Kraken does also have a great mobile app that’s both intuitive and simple to use, and users point out that, as far as the top crypto exchanges are concerned, this particular one can surely boast about its customer support.

Fee-wise, Kraken takes anywhere from 0% up to 0.4% from your transactions in the spot market. Truly some of the better numbers, at least when it comes to crypto exchange fees!

Standard Fees: Spot trading - 0.4% for makers, 0.6% for takers.

Supported Crypto: Over 240.

If you’ve ever searched for the best crypto exchanges, without a single doubt, Coinbase must have popped up on your radar rather frequently.

This isn’t without a solid reason, either - Coinbase is often viewed as the best place to buy cryptocurrency, no matter what that currency is. Well, OK, perhaps it does matter - but we’ll get to that in a minute.

So, then, what makes Coinbase so special? Well, it ticks almost all of the essential parts of a great crypto exchange.

Coinbase is very simple and straightforward to use. The signup and registration process is quick, and while you have to verify your identity, this doesn’t take long at all, either. The exchange keeps things very simple and, more importantly, minimal - it won’t overcrowd you with a variety of different interface screens and features.

Another thing that makes Coinbase one of the top crypto exchanges is the fact that the platform’s very secure. While there have been multiple different attempts to breach the exchange’s security, Coinbase is yet to suffer a huge hack (think Mt. Gox levels of “huge”).

Now, the one qualm that many users have with the platform is that, while it does support over 240 crypto assets, it lacks some popular altcoins. Meaning, you can only purchase specific cryptos from the site, while others are going to be unavailable, even though they are listed.

And we’re not just talking about some unknown, niche cryptos that are unavailable here, either! Examples would include Monero and Tron - these are some of the better-known names in the industry!

Now, admittedly, fee-wise, Coinbase also isn’t the best crypto exchange out there. The fees on the platform start at 0.4% for makers and 0.6% for takers. These are some high numbers compared to the industry standard! Crypto purchasing fees are pretty high, too, but they depend on your country of residence, amount of money being traded, and so on.

Though, you do get better fees when you increase your trading volume and use Coinbase Advanced. That said, Coinbase does guarantee optimal security, and is very trusted among the community.

Standard Fees: Spot trading - 0.1%; futures trading - 0.02% for makers, 0.06% for takers.

Supported Crypto: Over 700.

KuCoin is a well-known name in the cryptocurrency industry. The exchange, same as many others on this list, offers its users a variety of different products and services, in addition to the expected crypto trading functionality.

First and foremost, KuCoin allows its clients to trade a wide array of different cryptocurrencies (over 700!). This includes both some of the most popular coins on the market, as well as some other, more-niche assets. This is great for anyone who's looking to diversify their portfolio, in the long run!

On top of that, KuCoin is also known for having some of the best trading fees in the industry. Both market makers and takers start off with a 0.1% trading fee - as you trade more crypto on the platform, you are actually able to get that number even lower. That's very significant!

Besides that, KuCoin has interest-earning functionality via KuCoin Earn, advanced trading tools, such as trading bots and pre-market trading, and the exchange accepts a wide variety of fiat currencies. On top of that, it even offers a crypto debit card (KuCard), which can be used to spend crypto for everyday purchases just like you spend your fiat.

All in all, with strong community support behind the exchange, KuCoin is definitely worth considering, for anyone who's looking for the best cryptocurrency exchange out there!

Standard Fees: Spot trading - 0.1%-0.3%; futures trading - 0.02% for makers, 0.06% for takers.

Supported Crypto: Over 400.

BYDFi is a crypto exchange that has been making waves in the industry. In 2023 alone, it was recognized by Forbes as one of the top ten best crypto exchanges on the market - that’s no easy feat to accomplish!

What makes BYDFi stand out, then?

First and foremost, the company behind the exchange puts a strong emphasis on regulatory compliance. The exchange is available in over 150 countries around the globe. Most notably, it can also be accessed and used by residents of the United States and Canada. That’s not a common perk that many exchanges can boast about!

Naturally, it’s not the only major benefit of BYDFi, either. The exchange has a large variety of trading tools that cater to both industry newcomers, as well as veteran traders who are looking for some advanced options. There’s even a copy-trading feature available, too!

Spot trading fees range from 0.1% to 0.3%, which is in the range of the industry average. The only notable downsides of the exchange are the fact that it doesn’t support NFT trading and storage, as well as the fact that there are no staking capabilities available on BYDFi.

Bitget is one of the best cryptocurrency exchanges that excels in derivatives and copy trading. Though, it offers many other features, too, including spot trading, a way to buy crypto with fiat, trading bots, earning features, and much more. It even has the Bitget Card, which is a crypto credit card.

Thus, both experienced and beginner traders will find what they need on the platform.

Bitget's copy trading functionality, for example, allows users to mirror the trades of top traders. This feature is perfect for those new to trading who may not yet have the knowledge or confidence to execute trades on their own. Just note that it's always important to stay cautious, especially when relying on other traders.

In terms of derivatives, Bitget provides several futures trading options, including USDT-M, USDC-M, and Coin-M futures contracts. These contracts come with fully-featured trading dashboards, which offer everything a professional trader would need.

Another appealing aspect of Bitget is its demo trading feature, allowing users to practice trading without risking real money—an invaluable resource for anyone learning the complexities of crypto futures.

The platform also places a strong emphasis on security, with features like cold storage, two-factor authentication, and a $350 million user protection fund. Regular proof of reserves updates further solidify Bitget’s commitment to safeguarding its users' assets.

On top of that, Bitget boasts competitive fees, with spot trading fees starting at 0.1% and futures trading fees starting at 0.02% for makers and 0.06% for takers. There's even a way to reduce these fees by increasing your VIP level or covering spot fees with BGB, the native token of the exchange.

While Bitget might be somewhat overwhelming for those new to the crypto world at first glance, its educational resources and intuitive design help ease the learning curve. Therefore, if you're looking for a platform that is packed with various tools that cater to all traders, Bitget is one of the top choices for sure.

Standard Fees: Spot trading - 0.1% for makers, 0.2% for takers; futures trading - 0.02% for makers, 0.065% for takers.

Supported Crypto: Over 170. 

Bitfinex is surely among the best-known crypto exchange platforms in the world. The exchange offers its clients all of the top features that you’d come to expect - a fiat on-ramp, low trading fees, a significant number of supported crypto assets, and so on.

To be more specific on that last point, as of writing this, Bitfinex supports a bit over 170 different crypto coins and tokens. This is a pretty significant number, and will definitely be appreciated by both crypto newbies and experts, alike!

That being said, it’s a common belief that Bitfinex itself, as far as the best cryptocurrency exchanges go, is catered more towards the latter group of individuals - experienced crypto traders who are looking for advanced-level functionality. That’s exactly what Bitfinex offers, too - multiple different trading tools, as well as different trading products, as well (spot, perpetuals, etc.).

While the exchange in question has had a bit of a shaky past, user reviews point out that, as of late, Bitfinex has highly improved its security features, and is adamant about preserving the integrity and security of its user accounts.

This is further proven when you take a look at the actual safety features that the platform employs - two-factor authentication, IP whitelisting, email encryption, cold storage, and much more.

All in all, there’s definitely a lot to check out with Bitfinex!

Uphold is a unique exchange that offers its clients not only crypto acquisition options, but also financial products from other markets, such as stocks or equities.

On the crypto front, the exchange supports an impressive number of cryptocurrencies - 265, as of writing this. What this means is that both beginner investors, as well as experienced crypto enthusiasts are bound to find the assets that they’re looking for, bar some of the more niche options.

Discussing the benefits of Uphold, it’s impossible not to mention the security aspects of the platform. The company behind the exchange prides itself on a routine auditing and penetration testing schedule, in addition to having a dedicated bounty program for the platform’s users.

Obviously, Uphold employs all of the more “standard” security features as well, such as 24/7 monitoring, KYC, and advanced-level encryption.

Despite me referring to it as an exchange, Uphold is actually an entire ecosystem of crypto- (or, rather - Web3) related products. Clients can order their own credit card, and use the built-in exchange wallet. On top of that, as far as trading is concerned, Uphold does also provide its users with a solid selection of tools to choose from and utilize.

All in all, if you’re in the market for a well-designed, feature-full crypto exchange platform, Uphold is worth considering! Just keep in mind that it might not necessarily be super-simple to get into, if you’re just starting out in the crypto space.

Standard Fees: Spot trading - 0.3% for makers, 0.4% for takers.

Supported Crypto: Over 80.

Admittedly, Bitstamp might be the less-mentioned cryptocurrency exchange platform, as far as this list is concerned. That being the case, though, it’s also considered to be one of the most reliable crypto exchanges in the industry!

In a very general sense, Bitstamp is one of those platforms that have truly earned their reputation - it wasn’t an easy feat, mind you! The exchange had to figure out how to solve its security vulnerabilities, as well as how to navigate the ever-changing world of crypto. Today, however, no matter which point you look at (customer service, fees, security, or else), Bitstamp is often regarded quite highly.

The cryptocurrency exchange in question is often regarded as one of the better options for anyone who's an advanced-level trader, and is looking for functionality to match their trading skills. Meaning, Bitstamp offers users those advanced features, and allows them to trade crypto in a professional manner.

When it comes to fees, Bitstamp will charge you from 0% to 0.4% when it comes to trading. Purchasing fees, on the other hand, can go anywhere from 0% to 4%. While that is a pretty broad range, for sure, the actual fees themselves depend on your preferred payment method.

All things considered, Bitstamp is surely one of the top cryptocurrency exchanges on the market today!

Standard Fees: Spot trading - 0.15% for makers, 0.25% for takers.

Supported Crypto: Over 200.

The simplicity of CEX.IO is probably notorious at this point - as far as the best cryptocurrency exchanges go, it is surely one of the most straightforward and easy-to-use platforms!

The exchange has some very strict security measures, too. These are evident each time you log into your account - in addition to 2FA, you will also receive notifications to your registered email about each and every single login attempt - that’s amazing for those who truly care about the security and integrity of their crypto coins.

When it comes to the features offered by the platform, there is spot trading, a crypto wallet, various earning features, and extensive learning materials. It truly is a great exchange for beginners. Though, there is also CEX.IO Prime, an institutional-grade crypto-fiat service provider for businesses and the CEX.IO crypto debit card.

Besides, same as with some other crypto exchanges, CEX.IO offers decent fees for its users. Trading fees range from 0% to 0.25%, while crypto purchasing fees might get somewhat high, but they depend on the payment method in question.

All in all, Cex.io is surely worth paying attention to!