Best Crypto Exchanges: Buy and Sell Bitcoin, Ether and More

The best crypto exchanges enable you to trade coins and tokens easily while keeping your assets safe and your fees low.

1. Binance (best overall crypto exchange with low fees)

Binance is one of the best all-around crypto trading platform available with excellent liquidity and a diverse set of features. The exchange is the largest exchange by volume and one of the world’s most well-known trading platforms. Thanks to its accessibility and varied offerings, Binance is an attractive marketplace for buying, trading, and selling cryptocurrencies. More so, there is a $100 free welcome bonus for new users who create an account using our Binance referral code.

Binance is a centralized exchange packed with features suited to a broad range of investors. Binance’s offerings are second to none for crypto traders. From earning interest on cryptocurrencies, staking, and liquidity farming, Binance has become an all-in-one digital exchange for all things crypto including a top DEX platform to exchange cryptos. Available markets for traders include spot, margin, derivatives, leveraged tokens, and peer-to-peer markets. In total, more than 1,670 trading pairs across 367 supported coins can be bought and sold on Binance. Moreover, Binance Futures supports 125x leverage trading on 256 trading pairs with a staggering $44 billion daily trading volume, more than double its closest competitor. With the expansive list of markets, users can find trading opportunities easily. Unfortunately, Binance is unavailable in the USA. There is Binance.US which is licensed for the US market but is limited and doesn’t have margin trading.

Spot fees on Binance are 0.1%, with volume-based discounts available. Futures fees start at 0.0200%/0.0400% but vary based on market and volume. Additionally, there is a further discount of 25% for staking BNB tokens. Another reason why Binance is our top pick is the strength of its app. It’s highly intuitive, easy to use, smooth, and can check live prices, execute orders, manage digital assets, and view P&L. Binance is a well-rounded exchange with many valuable features. The platform uses an order book-based interface, making it simple for anyone with previous experience. Binance is worth checking out for anyone looking for an all-in-one trading platform and US residents not concerned with margin trading.

2. ByBit (best for crypto margin and futures trading)

Bybit is a world-class margin trading platform where users can go short or long with up to 125x leverage over 200 trading markets. Its margin trading capabilities are built upon a seamless platform that integrates TradingView charts and advanced technical tools and processes more than 100,000 transactions per second. To complement the robustness of the platform, Bybit also offers trading flexibility with its multitude of order types. Moreover, there is a deposit bonus using a ByBit referral code.

3. KuCoin (best crypto exchange with grid trading bots)

KuCoin is a top-tier altcoin exchange with a strong selection of crypto assets, low fees, refined trading infrastructure, and markets. But its array of six crypto trading bots catapults the popular exchange as a standout for traders who prefer to automate their trades. Users can choose to use a bot to implement on its own or alter specific parameters to suit their individual strategies. Rather than over-design its trading bots, KuCoin strikes a nice balance of simplicity with functionality and this serves as a major advantage to alternative trading bot platforms.

KuCoin is one of the foremost crypto exchanges in terms of automation tools and supported assets, making it a worthy addition to our list of the best crypto exchanges. It’s an established exchange for trading crypto and is supported in 200+ countries. The exchange accepts 48 fiat currencies such as USD, AUD, GBP, EUR, and CNY. There are currently 806 supported coins and 1,429 trading pairs to speculate on across several markets, including spot, margin, derivatives, and leveraged tokens, to name a few. Spot trading fees on KuCoin are very reasonable at 0.1% per transaction, with volume-based discounts available on top of a 20% reduction when paid using KuCoin’s native KCS token. Futures trading is priced at 0.02% (maker) and 0.06% (taker) per transaction. In addition, KuCoin is one of the few centralized crypto exchanges that feature in-built automated trading strategies and bots. Users can select trading robots that automate some of the best crypto trading bot strategies, such as spot grid, smart rebalance, dollar-cost-averaging, and infinity grid. The performance of accounts using the bots is shown across each trading pair.

4. OKX (best for international traders)

The highly regarded OKX crypto exchange is well-known for its breadth of innovative products and services, cost-effectiveness, and robust blockchain features. The exchange offers all the trading markets and ancillary features that other global exchanges offer, however, takes a step ahead with its support for a vast selection of 94 fiat currencies, payment methods, and presence across over 100 countries (except the USA). Although the exchange is not regulated in all its operating jurisdictions, OKX is ideal for international traders.

OKX is an all-in-one crypto platform, with its customers able to access crypto loans, staking, copy trading, and a well-used P2P crypto marketplace. Furthermore, customers can spot-trade 349 crypto assets, 789 pairs, and 183 derivates markets. OKX is very accessible thanks to its TradingView integration and instant buy/convert features. Additionally, the site is easy to navigate as core features are highlighted clearly. Furthermore, the platform is cost-effective, with spot fees of 0.08% and 0.1% (maker/taker). Derivatives trading is charged at 0.02% and 0.05%. OKX is a feature-rich trading platform with fees and an impressive array of assets. However, as the exchange is unavailable in the US, it’s only suitable for international traders looking for an alternative to platforms like Binance.

5. MEXC (best for low-fee trading )

MEXC trading fees for its spot and futures markets are about as low as investors will find from a large crypto exchange. MEXC charges 0% for the maker and 0.2% for taker orders for buying and selling crypto assets on the spot market. Meanwhile, 0.02% maker and 0.06% taker fees apply for futures. In both cases, holding the platform’s native token, MX, will reduce its already trading fees further. Moreover, users will enjoy a 10% discount on spot trading fees if leverage is applied.

Although the exchange is centered around trading, MEXC offers copy trading, demo trading, automated trading bots, and even a demo account for new users. As such, MEXC is a well-rounded platform with features likely to appeal to investors of all preferences. MEXC provides access to USD-M and Coin-M perpetual futures contracts, leveraged ETFs, and margin trading. Spot customers can trade an outstanding 1,521 unique cryptocurrencies and 1,811 pairs with up to 200x leverage. Additionally, MEXC supports 129 markets for derivatives trading.

6. Bingx (best for its mobile app)

One such platform that has gained popularity is BingX, a social crypto exchange dedicated to offering comprehensive crypto services to users in more than 100 countries and regions. With a mission to make crypto accessible and friendly to all, BingX provides millions of users with a secure and trustworthy trading experience.

Cryptocurrency Exchanges

Despite price crashes in the first half of 2022, buying and selling cryptocurrency continues to steam forward. While governments have increased their efforts to regulate crypto markets, scans continue to plague crypto investors, and it’s more important than ever to find a trusted platform for buying and selling crypto. 

Crypto exchanges are where most crypto traders buy and sell bitcoin, ether, dogecoin and other types of cryptocurrency. In its rawest and most decentralized form, cryptocurrency is relatively unfriendly to obtain and use. Crypto exchanges make it fairly simple to trade all sorts of crypto tokens and coins.

The best crypto exchanges will hold your crypto securely, provide you with unfettered control over your assets and make buying, selling, sending, receiving and trading crypto simple and affordable.

Some investors may desire more advanced features from crypto exchanges, including the ability to earn interest, access more esoteric forms of crypto or buy, store and display NFTs. (It’s worth noting that the safest place to hold your crypto is in a cold storage wallet that you control exclusively.)

Here, we’ll focus on the basics, highlighting the exchanges that make it easy to sign up, get started and carry out transactions without getting fleeced on fees. As with any investment, high fees can erode returns over time, and some exchanges offer more competitive fees than others.

Whether you’re a beginner looking for an easy on-ramp to crypto, or you’re a high-volume trader looking for the lowest “maker” and “taker” fees, we’ve got the info you need to choose the best crypto exchange for you.

Note: Crypto exchanges add and delist crypto tokens on a regular basis. Our “number of supported tokens” data is based on data from each exchange’s website as of July 25, 2022.


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