7 Best Cryptocurrency Exchanges to Use in 2025

Despite these concerns, it’s important to note that legal and regulatory actions are not uncommon in the crypto industry, even for established and well-capitalized exchanges. Many platforms have faced allegations or enforcement actions over time, highlighting the importance of cautious investing and thorough due diligence when selecting a crypto exchange. BitMart also introduces a unique feature through its copy trading system, allowing users to follow and replicate the strategies of the platform’s top-performing traders. Users can review key metrics such as return on investment (ROI), historical performance, and current trading positions. While this feature is appealing to beginners or those seeking guidance, it’s important to remember that past performance does not guarantee future results. For institutional partners, Abra Prime delivers a robust infrastructure for building and managing digital asset portfolios.

• Binance.US is a comprehensive cryptocurrency exchange and mobile app for trading a wide range of cryptocurrencies with low fees and robust staking reward options.
• To open a crypto exchange account, visit the exchange’s website or download its app.
• I had a deposit stuck and it took a full week just to get a real response.
• The trading volume is massive (over $60 billion daily), and the platform runs like a well-oiled machine—99.99% uptime and ultra-fast trade execution (100,000 transactions per second).

Kraken – One of the safest crypto exchanges out there

That’s why big names like Bybit, Kraken, and Binance are excellent starting points. They check all the essential boxes, providing a beginner-friendly trading environment to help you grow. Once you’ve gained confidence and trading experience, you can branch out to explore more niche platforms that focus on specific strategies or unique types of assets. Kraken also sets the bar high when it comes to security and compliance. The platform is licensed in multiple jurisdictions, so you know you’re trading on a reliable, well-regulated exchange.

This becomes clear when comparing the number of cryptocurrencies available at pure-play crypto platforms and traditional brokers above. Binance.US is widely recognized as one of the top crypto exchanges in the United States, frequently compared to platforms like Kraken for its robust trading features and strong security measures. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

KuCoin – A comprehensive crypto trading offering

With 24/7 customer support and detailed educational resources, it ensures that users have the necessary tools and knowledge to manage their assets effectively. With so many great crypto exchanges, you don’t have to settle and you can select the best option for your individual needs. While leading exchanges excel across most categories, some platforms excel in specific areas, like trading bots or derivatives trading. So whether you’re focus is day trading, long-term investing, or buying newly launched tokens, prioritize the features that matter most you.

The platform’s broad support for over 700 cryptocurrencies sets it apart, while its tiered fee structure rewards high-volume traders with increasingly attractive rates. You’ll also find thorough trading options, including staking and margin trading. It’s designed for more experienced traders and comes with advanced tools, lower fees, and special features to help you manage your trades more effectively. It’s truly one of the best platforms to support your growth, making it an ideal partner as you move from being a beginner in crypto to becoming more skilled. With more than 200 different cryptocurrencies available, the platform gives you a good mix of well-known coins and lesser-known options. This variety makes it easy to start with the familiar options and gradually explore more unique choices as you learn.

CRO is Crypto.com’s own coin, and it has plenty of benefits that make it a worthy coin to stake. If you stake CRO on the desktop exchange, you receive 10% APR interest paid daily, CRO rebate when you pay trading fees with CRO, and cashback when you use Crypto.com Pay. One of the standout features of Uphold is its flexibility with financial services. You can get paid directly into your Uphold account in any currency—fiat or crypto—or even a mix of both (like 50% USD, 30% Euro, and 20% Bitcoin). Sending money internationally is super easy, with instant and free transfers in any currency. Other factors, such as liquidity and secondary services, should also be considered.

Coinbase – Best For Beginners

The platform offers several fiat currency accounts to let users deposit their local currency, but outside of this, the exchange is bare bones and only offers basic trading/investing functionality. Although a ‘Pro Mode’ was designed for traders, it was unavailable pending an upgrade during our testing. EToro is regarded as one of the best copy trading platforms in the world. With its versatility and user-friendly interface, eToro is a great one-stop portal to the financial market.

With that said though, fees are one of the more important factors, and as you evaluate platforms for your next trade, consider how each type of fee impacts your returns. This attention to detail can make a noticeable difference in your portfolio’s growth. Local exchanges often offer GBP as well as payment methods available to the UK only. The operator allows users to use bank transfers, credit cards, and even PayPal to complete transactions.

While previously considered a beginner exchange, including advanced trading features on Coinbase significantly boosts its usability. Moreover, Binance Futures supports 125x leverage trading on 256 trading pairs and has a staggering $44 billion daily trading volume, more than double that of its closest https://ai-robert.com/ competitor. With the expansive list of markets, users can easily find trading opportunities. Kraken boasts useful cryptocurrency trading tools and automated portfolio monitoring.

However, the exchange could be overly basic for some, as it lacks any real charting or analysis capabilities, with the platform simply acting as a fiat-to-crypto gateway. In this, you post an ad about what you want to buy or sell, and someone else accepts. As they are decentralized, you don’t have to make accounts or give personal info like KYC details. But DEXs can be difficult to use, especially for beginners who don’t have much knowledge about crypto. Also, fees might get high if the network is busy like Ethereum network fees are around $5-$10 per transaction. In an industry where hacking is very common, it has never faced a major security breach since 2011.