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Top 10 Cryptocurrency Exchanges 2023

Crypto exchanges are the leading way to conduct trading; exchanges allow users to convert their cryptocurrencies into other crypto assets and even into fiat. With crypto exchanges, one can stack up the tokens for long-run investment or spend them when needed. They operate similarly to a traditional online brokerage equipped with tools that are helpful in the trade and investment of cryptocurrencies. Using a crypto exchange platform, one can securely buy and sell their bitcoins and other cryptocurrencies and tokens.

Apart from buying and selling, crypto exchanges provide additional investment features of staking, lending, and custody of digital assets. Investors consider crypto exchange platforms as a strategy to win profits. Using these platforms, they can trade crypto and its derivatives, including ETFs and ETNs.

Crypto exchanges are secured for everyone using blockchain technology and cryptography encryption techniques. There is a large pool of exchanges in the financial market to choose from. We have analyzed various exchanges based on multiple criteria and have compiled a list of the top 10 crypto exchanges that helps you to simplify your crypto experiences.

List of top 10 crypto exchanges

  1. Binance
  2. Coinbase exchange
  3. Kraken
  4. KuCoin
  5. OKX
  6. Bybit
  7. Bitstamp
  8. Bitfinex
  9. Gemini

1. Binance

When talking about crypto exchanges, Binance is one of the first companies that comes to mind, as it is among the largest companies in terms of trading volume. Binance supports other currencies besides Bitcoin, like Ethereum, Litecoin, and BNB coins which are Binance generates.

Millions of people have used this crypto exchange over the years. It was founded in 2017 and has been an effective platform since then. With multiple cryptocurrencies and other factors, it holds a high position in the market.


  • International users can access 300+ cryptocurrencies.
  • It supports various altcoins too.
  • Binance supports fiat currencies like USD, EUR, AUD, GBP, HKD, and INR.
  • Provides 2 factor-authentication for safe trading.
  • Charting and indicator options for advanced traders.
Pros Cons Pricing
Available in 100+ countries. only supports 150 cryptocurrencies. Later Binance was restricted in US jurisdiction. The spot and margin pair for BTC and TUSD is 0%.
Diversified payment methods for buy and sell of crypto Many traders find the user interface a bit hard to follow. For regular users, the makers and takers fee is 0.1000%.
Almost $38 billion trading volume. The user guides are a little complicated to understand. VIP plans of Binance from level 1 to 9 provide varied options.


2. Coinbase exchange

One of the most famous crypto exchanges in the United States, Coinbase exchange, was founded in 2012. It is regulated and licensed in the US in over 40 states and territories. Coinbase provides secure custodial services and is a significant reason for crypto flourishing in the US and other countries.

It supports 200+ tradable cryptocurrencies. Users can manage their portfolio and trading plans with its standalone crypto wallet services. Coinbase is one of the most secure exchange platforms with state-of-the-art security measures.


  • Charting and indication system in the pro version of Coinbase.
  • High daily trading volume and liquidity assets.
  • Supports multiple financial institutions of the crypto ecosystem like Revolut, Monzo, Royal Bank of Scotland, and many more.
  • Provides market insides for traders to make well-planned and informed decisions.
  • Keeps adding tradable crypto assets for the latest opportunity for investments.
Pros Cons Pricing
Offers access to a large range of crypto assets. It is not decentralized completely, which makes it prone to hacking. 0% to 3.99% based on the type of transaction.
Minimum fund accounts are supported that allows an account minimum of $0. As compared to other exchanges, it charges a higher fee.
Crypto withdrawal can be done instantly in a few steps.


3. Kraken

Kraken was founded in 2011; it supports 180+ countries around the globe. It includes various competitively priced cryptocurrencies like Bitcoin, Ethereum, Solana, etc. Kraken offers simple and easy-to-operate platforms for newbies and a pro platform for advanced traders.

Users can stack their cryptocurrencies in Kraken and get rewarded without paying exorbitant fees. It supports not only a range of cryptocurrencies but also several fiat currencies. Its high liquidity allows the users to buy and sell the crypto at set prices.


  • Multiple options to pay the traders using a MasterCard, bank card, or wired transfers.
  • Kraken includes its own mobile app for hassle-free tracking of your transactions.
  • Provides multiple tools for easy analysis.
  • Supports 100+ cryptocurrencies to trade from.
  • Provides the facility to convert the funds into different currencies, including fiat and stablecoins.
Pros Cons Pricing
Advanced features are there in the pro version, like margin, trading, and staking. Flat trading fees are a little high. 0.9% fee for stablecoins.
Advanced and responsive customer service for quick solutions. There is no insurance fund for the assets that are on the platform. 1.5% fee for other crypto assets.
Not a single report of a hack in the past with strong security. No facility regarding crypto credit cards.
Wide range of crypto material for educational purposes.


4. KuCoin

It is a crypto exchange platform that was founded in the year 2017. KuCoins comes up with various cryptocurrency options, including Bitcoin, Ethereum, and altcoins. It is a reliable, secure, user-friendly exchange with many trading pairs.

By using a single platform, users can buy and sell multiple currencies. No KYC policy helps traders who do not want to disclose their identity. Kucoin provides multiple leverages to its users, like lending out cryptocurrency, similar to DeFi.


  • A core trading engine for buying and selling can process millions of transactions simultaneously.
  • Provides incentives for holding their native coin called the Ku Coin shares.
  • High liquidity rate for accelerated processing of transactions.
  • It generates on-time exchange rates according to the inserted trading amount to maintain the scalability of the transaction.
  • Provides a team of security experts to review your trading account periodically.
Pros Cons Pricing
Diversity in coins and exchange programs that are offered. The customer support team was unresponsive sometimes and took a lot of time to respond back. Level 0 charges 0.1%, and after that, there are various pricing in Ku coins.
Software customization using API support. Service congestion occurred during a high volume of transactions.
Users can see their balance both in crypto and fiat. Funds can not be directly deposited or withdrawn from the banks.
Practical and functional mobile support system.


5. OKX

OKX, formerly called OKEx, is a cryptocurrency exchange and wallet platform. It provides a variety of trading programs, including spot and futures trading. OKX gained a 20 million user base across 100 countries. But it is restrictive in the US due to regulatory concerns.

Due to its exchange and wallet options, managing cryptocurrency is very convenient. One of the platforms for individuals, whether they are beginners or experienced, to buy, sell, hold, and trade in a wide range of crypto.


  • It includes 350+ crypto coins with support of 500+ trading pairs.
  • Margin is available for both spots as well as future trading.
  • Instant crypto can be bought from a credit card or third-party payment.
  • This platform has its blockchain named OKChain and a token named OKB.
  • Live trading charts and trade analysis tools for advanced trading orders.
Pros Cons Pricing
There are no currency conversion charges. There are some incidents of false trading volume reports. The trading fee is 0.1%
Beginners-friendly with easy-to-follow guides. One cannot deposit fiat currency. For other VIP plans, one can view the detailed fee structure.
Spot trading UI is well designed. The withdrawal fee is not clear, with poor customer support.


6. Bybit

It provides a comprehensive suite of trading tools to help crypto traders at every level. The ultra-fast matching engine of Bybit helps traders to execute their orders with utmost reliability. It was launched in the year 2018 and supports multiple trading assets that include contract types, spot trading, crypto derivatives, NFT marketplace, etc.

The uptime record of Bybit is maintained, which assures the traders that their transactions do not meet with any interruption.


  • It works on perpetual contracts, allowing users to define their own time to trade, resulting in financial gains.
  • The dual price mechanism protects traders from market manipulators and effectively provides a fair environment to trade.
  • The last traded price gets marked to the market in 8 hours.
  • Bybit is flexible in risk management and provides the best trading experience.
  • It functions on an auto-deleveraging system to protect traders from significant losses.
Pros Cons Pricing
No KYC, easy registration, and mobile app for trading on the go. Number of trading pairs is limited. Charges 0.1% as trading fee.
Supports multiple types of orders like limit, conditional, market, and partial. Does not support fiat purchases of crypto and is also not available for US citizens. There are multiple VIP and pro plans too.
Charges are competitive compared to other exchanges. Statistics of trading volume are not verified for its authenticity.
Provides insurance funds to prevent socialization of losses in case of any security breach.


7. Bitstamp

A trader looking for a convenient way to access the market can do that using the Bitstamp web platform, mobile app, and APIs. Due to enhanced security and services, it gets an AA rating in the crypto compare exchange benchmark report.

It is one of the most regulated crypto exchanges in the world. Bitstamp holds a strong regulatory standing that makes it a trusted exchange worldwide.


  • Most of the assets are stored offline.
  • Bitstamp insurance covers all assets, whether in storage or transit.
  • The audits are done on a timely basis by one of the most reputed firms.
  • The scalable trading engine that supports 50,000 events/second.
  • One can convert crypto into instant fiat currency.
Pros Cons Pricing
Great customer support through phone or emails. It once faced a security breach in the year 2015. Under $1000, it charges 0% fees.
It is reliable and supportive of crypto investors. Does not support any crypto derivative product. When the trading volume extends more than $1000, the trading fee charged is different.
Bitstamp is regulated by one of the top regulating bodies, FinCEN. Only available under the jurisdiction of the United States.
Trade with selective fiat currencies like USD, EUR and GBP. Charges high trading fees compared to other top exchanges.


8. Bitfinex

Bitfinex, which comes in the list of oldest crypto exchanges, was founded in 2012 and operated by iFinex Inc. This company also owned Tether, the largest stablecoin per market capitalization. Bitfinex is the CEX platform for professional traders and institutions supporting fiat and crypto.

It offers 2FA and IP address monitoring for the security of assets. The platform offers multiple other trading options among its multiple set of solutions. Some countries have prohibited Bitfinex in their jurisdiction.


  • Bitfinex includes suites of various order types that help traders to have an advantage in every market situation.
  • Users can receive funds from peer-to-peer margin funding platforms.
  • The funding is totally in the user’s hands, and they can offer it to a wide range of currencies and assets at their rate and time.
  • To avoid the volatility of tokens, users can trade in crypto derivative products.
  • Users can test any of the pre-defined trading strategies in the stimulated market environment with its paper trading features.
Pros Cons Pricing
It is a suitable platform for experienced traders. Trading fees are higher than its competitors. They charged a minimum of 0.1%.
Supports over 100+ crypto coins. This exchange is not regulated by external auditors. Bitfinex provides a fee calculator that defines its detailed fee structure.
The liquidity value of the exchange is high. Does not support any kind of card or e-wallet support.
Allows wired deposits and withdrawals via banks.


9. Gemini

This crypto exchange was launched in 2014; it mainly stands out due to its security and compliance. This New York-based cryptocurrency exchange provides hot wallet insurance for the safety of funds.

It provides users with 2FA and approval options when the same account logs in to another device. This exchange is SOC 2 certified, which implies that third-party auditors have adequately audited it and they have verified the company.


  • Supports 80+ currencies and tokens.
  • Provides cryptocurrency reward cards to its users.
  • Highly Secure platform for traders and investors.
  • Allows pear-to-pear trading option.
  • Provides 20+ crypto to crypto trading pairs.
Pros Cons Pricing
This platform is available in 60+ countries and widely accepted among the regular traders. Its layered fee structure can be confusing for many users. Gemini offers a wide range of fee structures based on the product and its level.
Provides digital asset insurance for currencies stored in their digital wallet. Supports a small size of native crypto tokens.
Covers direct security breaches and digital theft in their insurance plans. Customer support is limited to e-mails, and this can take time to resolve the issues.
Security practices include 2FA and multi-signature for withdrawals.



One of the top global currency exchanges, launched in 2013, allows trade in multiple leading digital assets. There are almost 10 million plus user base globally that are using

The Blockchain Transparency Institute verified it in September 2022. It provides a large selection of other crypto assets besides the centralized crypto exchange. Full-scale services of are available in selected markets and jurisdictions.


  • To add extra protection to its users’ assets, invests a lot in security and law funds.
  • The trading system is efficient and convenient, with instant withdrawal and deposit services.
  • This exchange has worked stably for the past 10 years without any malfunction.
  • Compiles its strict regulations without the interference of market manipulators.
Pros Cons Pricing
Supports 1000+ cryptocurrencies in the global market. This exchange is not accessible to US residents. It charges a standard fee of 0.15%.
It handles almost 50 fiat currencies. The user interface is cluttered and unintuitive. As per the trading volume, there are multiple VIP plans.
A feature-rich crypto exchange that allows future trading. Customer verification takes over 6 hours after registration.
Provides its utility tokens for a reasonable fee.



It can be hard sometimes to find the best cryptocurrency exchange, but with this compiled list of exchanges, one can find out the right one for themselves. A crypto exchange that offers a secure, easy-to-use platform and a high trading volume falls in the list of best crypto trading exchanges. These exchanges maintain their market value by allowing the trade in multiple crypto and multiple payment options.

Different exchanges charge different fees as per their services and the trading volume of their exchange. If you are looking for security, decentralized exchanges are the most secure.

Speed Team