Crypto Exchanges Reviews And Ratings

Crypto Exchanges Reviews And Ratings

•  Binance – Best Trading Platform
•  Hotbit – Best for Beginners
•  KuCoin – Best for Bonuses
•  BitMart – Best for Short-term Trading
•  Coinbase – Best for Beginners
•  ApolloX – Best for Trading Tournaments
•  Gate.io – Best free demo
•  MEXC – Best Trading Platform
•  Bybit – Best free demo
•  Huobi – Best for Beginners

	Binance Very low fees Ease of use, quick trading times Ability to buy and sell crypto with fiat Wide range of cryptocurrencies High liquidity One of the most innovative exchanges Open Account
	Hotbit Hotbit exchange provides several crypto pairs like BTC, ETH, USDT, etc. for its users. This platform does not require KYC for registration. Hotbit platform offers a mobile app. This exchange offers its service in multiple languages. Hotbit is available in 170 countries, and it has more than 7 million users. Open Account
	KuCoin Ability to margin trade cryptocurrencies and traditional assets Up to 100x leverage for crypto and 1000x leverage for Forex Quick sign up process with no KYC required Allows to purchase Bitcoin on the platform Low fees Open Account
	BitMart The crypto exchange is regulated to function in the US. BitMart supports a plethora of cryptocurrencies in the market. The trading fee and others are reasonable. The user interface is friendly. It has a better financial system. It is exactly what the crypto exchanges should be in the future. Open Account
	Coinbase The platform has an easy and simple to use interface Coinbase accepts major cryptocurrencies and fiat currencies The website offers an exclusive platform for advanced traders called Coinbase Pro The mobile app has all the features of the desktop Very high liquidity It has a solid variety of altcoin choices Open Account
	ApolloX Low trading fees Wide selection of cryptocurrencies No forced KYC Well-designed exchange Professional team Open Account
	Gate.io Over 180 currencies and nearly 400 markets Many features including margin trading with 10x leverage. Excellent IEO platform Able platform with mobile apps Good customer support Open Account
	MEXC Second-to-none trading experience and platform.      Compatible with a broad array of cryptocurrencies. Affordable trading fees. Availability of a mobile app. Cutting-edge security features. Multiple payment methods. Open Account
	Bybit Accessible and clear interface The platform offers great performance Integrated asset exchange Low fees Open Account
	Huobi Impressive user interface. The Main exchange supports over 300 cryptocurrencies and tokens. Employs high-level cyber security mechanisms. Responsive customer support team. Open Account

Frequently Asked Questions (FAQs)

There is no one best exchange for every user. However, some of the features shared by the best cryptocurrency exchanges include solid security tools, low fees, several payment options, an accessible platform and availability on both mobile and desktop.

A large number of tradable cryptocurrencies that include various altcoins and trading pairs — for example, Bitcoin/Litecoin (BTC/LTC) and Ethereum/Bitcoin Cash (ETH/BCH) — is also something to look for.

How many crypto exchanges are there?

Because crypto exchanges do not register with any central authority, its hard to know how many crypto exchanges there are at any given point in time. Many exchanges may be set up and then closed after very little time, which makes tracking this number even harder.

As of January 10, 2022, CoinMarketCap lists 308 exchanges, the biggest of which are Binance, Coinbase, and Gate.io.

Which crypto exchange has the lowest fees?

Crypto exchange fees are complicated and can be the source of great frustration, especially when the cost of a trade suddenly spikes upwards due to unexpected charges.

Based on our research, we found that the best crypto exchange for low trading fees is Binance.US. Its maker and taker fees start at a very generous .01% / .01%, and its discount programs allow active traders to grab even lower rates.

What is the most secure crypto exchange?

The nature of a crypto exchanges security depends on whether it is centralized or decentralized. The most secure crypto exchange should offer one or more methods of safeguarding your login and personal information. Based on our research, Crypto.com is the most secure exchange among all centralized exchanges.

How We Chose the Best Crypto Exchanges

We looked at over 20 crypto exchanges and evaluated them based on cost, security, and user experience. Other factors we considered include cryptocurrency selection, payment options and trade volume.

We mainly focused on dedicated crypto exchanges and looked at trading platforms that let you trade other securities.

The best cryptocurrency exchanges scored high in the following categories:

Security - Users should feel that their crypto is secure on their trade platform, so security breach prevention measures and safe account management methods are essential elements. We looked at each platform’s history of keeping their users’ funds and information safe and considered whether they offered insurance to users in case they lost their money due to a mistake on their part.

User Experience - Regardless of whether one is a novice or an expert, an exchange that is easy to use and navigate is always a plus. We considered each crypto exchange’s mobile and desktop interface and favored those with more intuitive designs. We also looked at the educational content and research tools available for users.

Cost - Fees can be a headache for users, especially those trading with great frequency. We favored crypto exchanges that offered lower fees or ways of reducing said fees. We also valued transparency when it came to their fee structure.