Are you looking for secure, fast, and easy crypto exchange platforms to buy, sell, trade, or stake your cryptos?
This ultimate guide to the best crypto exchanges and trading platforms, ranked in 2023 will provide all the answers you need.
There’s a reason why everyone is talking about Binance, Coinbase, Crypto.com, and Kraken online.
Sure, they’re some of the most popular cryptocurrency exchanges but I’ll help you discover some gems here. I want to help you pick the best crypto platform that’s perfect for you.
This in-depth guide will show you:
- What the best crypto exchanges and trading platforms are
- What a cryptocurrency exchange really is
- How crypto exchanges work
- FAQs
- And lots more…
So if you’re just getting started with buying and selling crypto assets or want to switch to a more secure crypto platform that pays 12 – 20% interest, I wrote this guide with you in mind.
Let’s go ‘all in’ and show you the best cryptocurrency exchanges with the potential to grow your money.
What Are The Best Crypto Exchanges And Trading Platforms?
Here are my top picks for the best cryptocurrency exchanges and trading platforms for 2023:
- Binance
- Crypto.com
- Coinbase
- eToro
- KuCoin
- Kraken
- Binance.US
- VAULD
- Nexo
- BitOasis
- Gemini
- Bittrex
- Bitfinex
- BitPanda
- BitStamp
- Coinmama
- EXMO
- Bisq
- Robinhood
- Interactive Brokers
Alright, let’s dive right in. Let’s break down each of the 23 best crypto exchanges and trading platforms of 2023:
1. Binance
The best crypto exchange platform for low fees
While the Binance crypto platform has a variety of ways to purchase its tokens, its Basic trading platform provides the simplest and most basic experience.
It supports more than 500 coins including Bitcoin, Ethereum, Litecoin, and its native BNB tokens.
With just a few clicks, you can trade a wide range of cryptocurrencies within minutes.
Other features include One Cancel, which enables you to set up a limit or stop-limit order, and a market watch function.
Key Features
- Buy and sell cryptocurrencies
- Low fees
- Comprehensive charting options
- Buy and trade 500s of cryptocurrencies
- A seamless P2P crypto trading platform
- It supports Bank Credit Cards, Visa, and other Cryptos
Pros
- An easy to use crypto platform
- Zero trading fees on Binance P2P
- 150+ payment methods and FIAT currencies supported
- Binance is available globally
- Access to escrow service for large transactions
Cons
- The KYC process is a pain in the neck
- Not available in all U.S. states
Binance Fee Structure
Deposit fee | 0% |
Withdrawal fee | $0 ( a FIAT fee is paid by users to cover the cost of moving crypto assets out |
Trading fee | 0.1% |
Bank Card deposits | 1.80% (applies to Pound Sterling (£) deposits only) |
Binance is the world’s leading cryptocurrency exchange. Their vision is to increase the freedom of money globally. They believe that by spreading this freedom, they can significantly improve lives around the world
2. Crypto.com
The best option for buying/selling crypto at true cost
Crypto.com is an online exchange where you can buy, sell, and spend cryptocurrencies.
It offers a digital wallet and cryptocurrency-backed debit card. The company has an app that lets you track and manage your cryptocurrency accounts. You can use the app to deposit and withdraw cryptocurrency.
This app supports seven fiat currencies and 53 cryptocurrencies. You can also track the prices and buy/sell crypto on the site.
Key Features
- An inclusive platform to buy and sell crypo assets
- Margin trading
- Trade Derivatives with ease
- Crypto merchant payment services
- An seamless digital wallet
Pros
- Low fees (0.036% – 0.144%)
- Cash back cards
- Get Gift cards and phone top ups
- Easily convert your money
- Buy and sell a wide range of cryptocurrencies
Cons
- Lack of learning resources for beginners new to crypto investing
- Some coins aren’t supported by other exchanges
- The user interface can be easier for beginners
Crypto.com Fees
Maker Fee | Taker Fee | Credit Card Purchases |
0.04% to 0.4% | 0.1% to 0.4% | 2.99% |
Min. Investment | $1 |
FIAT withdrawal fees | 0% |
Credit Cards fees | It may apply |
Crypto.com is a cryptocurrency exchange that supports trading, investing, staking, wallets, NFTs, and more. Founded in 2016, today it serves over 10 million customers with the world’s fastest growing crypto platform.
3. Coinbase
The best crypto exchange platform for beginners
Coinbase is a reputable platform that allows users to buy and sell cryptocurrencies. You can withdraw funds from your Coinbase wallet to a bank account.
You can also buy Bitcoin from other exchanges and sell them through the platform.
To use the platform, users must sign up for a free account with a valid email address and password.
To use Coinbase, users need to confirm their age and address. They can also verify their phone number by entering a code sent to them via SMS.
Key Features
- Track your crypto investment on the go with Coinbase app
- A wide range of cryptocurrencies to invest in
- An easy trading interface
- A detailed reporting of trades
- Next-level security for your crypto funds
Pros
- Earn up to $16 free crypto to get started
- It offers an easy process to deposit USD
- Easy to use crypto trading platform
- It’s easy to schedule daily, weekly, or monthly crypto buys
- A rich learning center with articles, guides, and videos
Cons
- The fee structure is a bit complex to understand
- High fees compared to other crypto exchanges
- Just a handful of altcoins. More will be great
Coinbase Fees
Transaction fee | $0.99 – $2.99 |
Coinbase Pro fee | 0.50% (lower fees) |
Spread fee | 0.50% |
US Bank Account payment | 1.49% (conversion fee) |
Debit card purchases | 3.99% |
Instant Card Withdrawal | Up to 1.5% |
Coinbase is a crypto exchange platform where you can buy and sell Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies, through your bank account, credit cards, or PayPal account.
4. eToro
The perfect crypto exchange platform for social investing
eToro is a cryptocurrency exchange and social investing platform that lets users buy and sell digital assets like Bitcoins and Ethereum.
You can also invest in CFDs (contracts for difference), which are derivative investments that do not require you to own the underlying asset.
The minimum deposit via debit card is $10 with a maximum of $40,000 per transaction. You can also withdraw as little as $30 per day, with a $5 standard fee for all withdrawal request.
Key Features
- Social trading: Copy top investors to mimimize risks
- Crypto staking features
- Build your crypto investment portfolio
- eToro’s earning report calendar
- Demo accounts to get you started at no cost
Pros
- Start trading cryptos with as little as $10
- It’s easy to buy Bitcoin, Ethereum and other crypto assets
- A clean and simple account opening process
- An easy to use social trading platform
- Gain knowledge through the educational center
Cons
- It only allows one account base currency
- Non-trading fees are quite high
- Only U.S. eToro customers are allowed to trade cryptos
eToro Fees
Management fees | $0 |
Commission fees | 0% |
Fees on Spreads |
BTC: 0.75% ETH: 1.90% BCH: 1.90% XRP: 2.45% DASH 2.90% LTC: 1.90% ADA: 2.90% |
Overnight/Weekend fees | May apply |
5. KuCoin
Best crypto exchange platform for altcoins at low fees
KuCoin is a Cryptocurrency exchange platform that provides access to a wide range of altcoins trading at low fees.
If you’re looking for a convenient way to buy and sell cryptocurrencies, KuCoin is a great choice.
You can deposit funds using credit cards, debit cards, or bank transfers.
Key Features
- Buy USDT with credit cards, SEPA
- P2B crypto options
- 500+ coins to trade and profit from
- Trading Bot: An easier way to earn profit
- Spot Trading: Easily trade cryptos with hands-on tools
- Margin Trading: magnify your profits with leverage
- Lend out your cryptos to earn interest
Pros
- Low fees (0.0125% – 0.1%)
- A user-friendly trading dashboard
- Easily minimize risk with Trading Bot
- Earn interests through crypto lending
Cons
- Limited payment gateways for making deposits
- Not ideal for new crypto traders
- It’s not licensed in the U.S.
KuCoin Fees
Amount minimum | $5 |
Deposit fee | Free |
Withdrawal fee | 1 ADA for Cardano |
Maximum Payout amount | $5,000 |
Tiered-Trading fee | 0.0125% – 0.1% |
KuCoin is one of the newest cryptocurrency exchanges but also one of the biggest, or at least they are in terms of the number of coins they support.
6. Kraken
An easy-to-use crypto exchange and trading platform for beginners
Kraken is one of the largest crypto exchanges in the world with users in over 190 countries.
The platform is great for intermediate and advanced users alike and is a popular choice among cryptocurrency beginners.
The platform offers advanced features like margin trading, futures trading, etc.
Key Features
- Advanced crypto trading features
- 50+ popular cryptocurrencies
- A comprehensive security tools to secure your funds
- Use Margin to trade: get 5X leverage
- Crypto pricing benchmark with indices
Pros
- Non-instant purchase fees are low
- Advanced trading platform for experts
- A huge array of cryptocurrencies to invest in
- Maximize crypto futures, with up to 50% leverage
Cons
- Withdrawals fees are quite high (0.50% + 0.9% to 1.5%) for ACH transfers
- Lack or insufficient educational resources for new users
Kraken Fees
Account minimum | $10 (it can be higher. It depends on the crypto asset) |
Fees | 0% – 0.26% |
ACH Transfer | 0.50% + 0.9% to 1.5% |
Crypto conversion | Based on volume |
Withdrawal fees | $4 – $35 (depending on the volume) |
Kraken is one of the largest and oldest crypto exchanges in the world. It offers a wide selection of cryptocurrencies available to buy, sell and trade. It touts its excellent service, low fees, versatile funding options, and rigorous security standards.
7. Binance.US
The best crypto exchange site for low fees for US citizens/residents
Binance.US provides an interactive way to buy, sell, and trade cryptocurrency in the US. Registered users can trade 60+ cryptocurrencies and pay some of the lowest trading fees in the industry.
If you live in the US, the best way to access the trading platform is to use the US version of Binance.
While Binance.com is available worldwide, the US version is smaller and owned/operated by a different company — BAM Trading Services.
Key Features
- 50+ currencies supported
- Low Flat fee of 0.1% fee for spot trades
- Start trading crypto with a $10 minimum
- Recurring crypto investment options available
Pros
- Binance.US uses the Binance.com technology (deposits & withdrawals are fast)
- Low fees (0.1% transaction fees).
- Enjoy low fees when you pay in BNB
- A high liquidity option for users
Cons
- It requires a bit of a learning curve
- Security features are not accessible
- Not available in all U.S. states (e.g., Hawaii, Idaho, Texas)
Binance.US Fees
Starting fees | 0.50% |
Maker/Taker fees | 0% – 0.01% |
Instant Buy fees | 0.50% |
Minimum trade | $10 |
Binance.US is a cryptocurrency exchange for U.S.-based users. Its partner company, Binance, is one of the largest crypto exchanges in the world.
8. Vauld
The best platform to lend and borrow crypto assets easily
Vauld is a Singapore-based crypto exchange and trading platform. It offers a number of options to customers looking to buy, sell, and borrow cryptocurrencies.
In addition to trading, Vauld allows customers to lend or borrow crypto assets and make instant payments on these assets.
It offers fixed deposits on more than 30 major cryptocurrencies.
Key Features
- Earn, Borrow, and Trade Cryptocurrencies
- Multiple trading platforms (iOS, Android, Desktop)
- Earn higher interests rates on fixed deposits
- Compounded interests are paid out weekly
- Borrow cryptos and get approved instantly
Pros
- No hidden fees
- The mobile app is easy to use
- No hassles. Payback your loans anytime, by installments,
- Gain access to a crypto community to discuss upcoming tokens
Cons
- It’s a relatively new crypto exchange and trading platform (not enough reputation yet).
- Sometimes, you may experience network outage while making a deposit/withdrawal.
Vauld Deposit and Withdrawal Fees
Vauld Interest Rates
Token | Savings Rate (APY) | Fixed Deposit Rate (APY) |
BTC | 4.60% | 6.70% |
DAI | 9.41% | 12.68% |
TUSD | 9.41% | 12.68% |
ETH | 4.60% | 6.70% |
XRP | 4.60% | 6.70% |
Vauld is a Singapore-based crypto exchange and lending platform. It offers a number of options to customers looking to buy, sell, and borrow cryptocurrencies. You can also use Vauld to lend or borrow crypto assets and make instant payments on these assets.
9. Nexo
A trusted crypto lending platform that pays up to 20% annual interest
The Nexo crypto exchange is the latest addition to the growing crypto exchange market. Users can trade cryptocurrencies on the platform and earn interest, too.
Nexo also offers a regulated and secure storage facility. In addition to offering a variety of different currencies for an exchange, Nexo also offers a card and a cryptocurrency credit line.
There are no hidden fees, but there are transaction limits and a maximum monthly limit of $10k.
Key Features
- Earn up to 20% of interests on high-yield savings account
- Borrow cryptos and get approved quickly
- 30+ cryptocurrencies to lend/borrow
- Earn daily interest on Cryptos, EURx, USDx, and GBPx.
- Deposit or withdraw funds anytime
Pros
- Easily withdraw funds to bank account
- You can borrow cash with low-interest rates (starting at 0%).
- There are no credit checks before your cash loan is approved
- Get free virtual cards, accepted by 40+ million merchants globally
- Insurance on your custodial assets. This means your fund is safe
Cons
- Beginners to Nexo may find it difficult to navigate the mobile app or desktop app
- The app is a bit slow. Speed can be improved.
NEXO Fee Structure
BASE | SILVER | GOLD | PLATINUM |
|---|---|---|---|
|
Up to 1% NEXO Tokens in Portfolio 1 Free Crypto Withdrawal each month |
1-5% NEXO Tokens in Portfolio 2 Free Crypto Withdrawals per month |
5% – 10% NEXO Tokens in Portfolio 3 Free Crypto Withdrawals per month |
At least 10% NEXO Tokens in Portfolio 5 Free Crypto Withdrawals each month |
Nexo is the world’s most advanced, regulated digital assets institution offering quick fiat on-ramps for 40+ cryptocurrencies, industry-leading earn rates on assets, intuitive crypto exchange, instant crypto credit lines, and the world’s first crypto-backed credit card.
10. BitOasis
A leading crypto platform to buy and sell crypto in the Middle East
BitOasis is a cryptocurrency exchange based in the United Arab Emirates. It was Founded in 2015 in UAE.
The platform focuses on the emerging markets of MENA and is the largest bitcoin exchange in the UAE.
It offers a multi-signature wallet for storing digital assets. It also provides an exchange service that allows users to sell and buy tokens through a local bank.
Key Features
- Trade 40+ cryptocurrencies and FIAT pairs
- Advanced trading charts and order types
- Withdraw your AED to your personal bank account
- Invite & Earn rewards
Pros
- It’s great for trading in AED
- An easy-to-use mobile wallet for iOS users
- Buy and sell 40+ cryptocurrencies in UAE
- Safe and secure. Trade from anywhere
Cons
- High trading fees (up to 0.50%)
- Limited cryptocurrencies supported
BitOasis Fees
30-Day Volume | Maker Fee | Taker fee |
|---|---|---|
>= 0 AED | 0.25% | 0.50% |
>= 1,000,000 AED | 0.20% | 0.50% |
>= 2,000,000 AED | 0.15% | 0.45% |
>= 3,500,000 AED | 0.10% | 0.40% |
BitOasis is a cryptocurrency exchange based in the United Arab Emirates. The platform focuses on the emerging markets of MENA and is the largest bitcoin exchange in the UAE.
11. Gemini
A simple crypto exchange platform to build your crypto portfolio
Gemini is a cryptocurrency exchange that allows people to buy and sell Bitcoin, Ethereum and more.
It’s available in over 60 countries and has a user-friendly platform. One of the best features of Gemini is its simple interface.
You can use Gemini Earn to earn interest on your digital assets. In addition, you can use this exchange to short sell, which involves investing in the potential for a decline in the value of an asset. This process can be risky, so you should be aware of the risks.
Key Features
- A digital wallet for users
- 50+ Crypto-to-Crypto trading pairs
- A mobile app for both iOS and Android users
- Peer-to-Peer trading with no min. order size
- Earn up to 7.4% APY with Gemini Earn
Pros
- A simple interface to buy and sell 50+ cryptocurrencies on the go
- Site insurance: Your crypto assets are protected against exchange hacks
- It’s available in all U.S. states
Cons
- High transaction fee (0.5% – 3.9%), compared to Binance
- Some popular cryptocurrencies aren’t supported (e.g., BNB and CRO)
Gemini Fees
Fees | $0.99-$2.99 fee for web and mobile transactions between $10 and $200 (1.49% fee for transactions over $200) |
Account Minimum | $0 |
Convenience Fee | 0.50% |
Debit card transfers | 3.49% |
Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy Bitcoin, Ethereum, and other cryptocurrencies.
12. Bittrex
A better cryptocurrency trading platform for Bitcoin and Ethereum
Bittrex is a trusted crypto exchange that makes it easier for registered users to trade Bitcoin and Ethereum in U.S. dollars.
offers more than 190 cryptocurrencies, allowing users to trade a wide range of digital assets. The platform has a clean user interface and supports hundreds of different trading pairs.
Key Features
- Zero fees for USD and ACH deposits
- Buy and sell cryptocurrencies instantly
- Invite your friends and earn cryptos
- Bittrex Global mobile app lets you secure, trade, and track your crypto assets
- Submit your token for listing
Pros
- The verification process is smoother than Binance and Coinbase
- Your crypto assets are safe. It uses 2-factor authentication (2FA)
- You can withdraw up to 3,000/day
- The fee structure is straightforward
- It’s fully regulated in the U.S.
Cons
- No margin trading
- Liquidity is low with some coins
Bittrex Fees
Account Minimum | $3 |
Fees | 0 – 0.35 for Maker/Taker fees |
13. Bitfinex
The best cryptocurrency market for trading digital assets
Bitfinex offers next-level cryptocurrency security, exchange, and trading. It allows you to trade cryptocurrencies and tokens with Fiat.
The software offers a proprietary trading terminal with leverage of 1:10 and scalable orders.
If you’re new to trading, you can try out the exchange by signing up for a free demo account and using it to test your skills. You can also deposit and withdraw funds via bank cards.
Key Features
- Easily exchange Bitcoin, Ethereum, EOS, etc
- Top-tier liquidity options
- Algorithmic orders types for traders
- Customizable interface to organize your trading workspace
- Advanced security features for user funds and information
Pros
- It’s easy to deposit and withdraw crypto funds through bank wire
- Easily exchange 100+ cryptocurrency coins anywhere you are
- Maximize your profit with 300+ trading pairs
- A better crypto trading platform for professionals
Cons
- It’s not a regulated crypto exchange
- Debit/Credit card deposits not allowed
Bitfinex Fee Schedule Chart:
|
Crypto to Crypto (e.g., BTC/ETH) |
Crypto to Stablecoin (e.g., BTC/USDt) |
Crypto to FIAT (e.g., BTC/USD) |
Derivatives (e.g., BTC-PERP) |
|
0.100% Maker fees 0.200% Taker fees 0bps Taker discount LEO holders 0.2000% Net Taker Fees |
0.100% Maker fees 0.200% Taker fees 0bps Taker discount LEO holders 0.2000% Net Taker Fees |
0.100% Maker fees 0.200% Taker fees 0bps Taker discount LEO holders 0.2000% Net Taker Fees |
0.0200% Maker fees 0.0650% Taker fees 0bps / 0bps Maker / Taker discount LEO holders 0.0200% / 0.0650% Net Maker / Taker Fees |
Bitfinex’s mission is to give users the ultimate cryptocurrency trading experience. It aims to do this with state-of-the-art trading tools, innovative technology, and unparalleled levels of customer service.
