One of the few exchanges on our list with a flat fee structure, Uphold lets you trade more than 250 currencies and offers staking for at least 20 coins. No, the cryptocurrencies available can differ greatly from one exchange to the next. Some platforms will only support as few as ten coins while others offer over 300. If you have a list of coins that you are interested in, it is best to research the exchange first to check that they are supported. The higher the liquidity of the exchange, the easier and faster it will be for you to complete trades. The fees are on the higher side, especially when compared to other platforms.

How to Choose a Safe and Trusted Crypto Exchange

We evaluated each platform on desktop and mobile devices to assess the overall user experience. The team then analyzed key variables by their importance, starting with safety, licensing, and security features like 2FA, proof of reserves, and cold storage. With over 1,000 different cryptocurrencies available for trading, KuCoin reigns supreme among large centralized exchanges in terms of the availability of different digital assets. By offering margin trading, crypto futures trading, crypto lending, NFTs, and various other products, the platform also proves that it is not merely a simple exchange for low market cap altcoins.

Best Traditional Brokerage for Crypto Trading

You can choose how long to lock up your coins—either 1 month, 3 months, or go flexible (though, heads up, flexible usually comes with lower rewards). How much CRO (that’s Crypto.com’s native coin) you have staked also impacts the interest rates you get on your other staked assets, so CRO plays a pretty central role in the whole setup. EToro’s alright but not the best if you’re doing fast-paced trades. It’s good for beginners, but the selection of crypto is kind of limited.

Kraken was among the pioneers of the cryptocurrency exchange business and was one of the first Bitcoin exchanges to be listed on Bloomberg Terminal. OKX maintains a user-dedicated insurance portfolio with independent audits, covering potential losses due to cyber incidents or platform breaches. BitMart claims to have an advanced risk control system with multi-signature technologies and a hybrid hot and cold wallet storage. Unlike some competitors, BitMart does not reveal its security infrastructure for users’ accounts. For instance, it does not publicly state its security certifications or disclose whether it subjects itself to third-party audits.

Fee Discounts and Promotions

However, because centralized exchanges hold custody of funds, they remain vulnerable to hacks or Cryptocurrency Exchanges operational risks, and users are often advised to withdraw long-term holdings to self-custody wallets. Crypto exchanges connect buyers and sellers through order books or automated market makers. On centralized platforms, users place market orders (buy/sell instantly at the best available price) or limit orders (set a specific target price).

• Look for audited proof-of-reserves that are held in liquid assets and assess reviews from existing users.
• Gemini holds most customer assets in offshore cold storage, and it works to facilitate easy transfers of assets between the exchange and consumer wallets.
• Investors who value low cost but need access to high-quality amenities and resources won’t find a better exchange that consistently offers both.
• I’ve played around with a few of them, and it’s honestly pretty cool to have trades running on autopilot while you sleep or go about your day.

You can actually get paid straight into your Uphold account in whatever currency you want—fiat, crypto, or even a mix. Like, if you wanted to split your paycheck into 50% USD, 30% Euro, and 20% Bitcoin, you can do that. Transfers are instant and free between Uphold accounts, no matter the currency. If you’re thinking about buying some crypto, it’s honestly pretty simple these days.

The Different Types of Cryptocurrency Exchange

Learn which exchanges offer the lowest fees, the widest range of markets, and the overall best user experience. Renowned for its user-friendly interface, Coinbase serves as a popular entry point for individuals looking to venture into the world of cryptocurrencies. The platform facilitates easy deposits through wire transfers and card payments, positioning it as an ideal platform for beginners. However, it’s important to note that Binance does not accept customers from the United States. US-based traders can resort to Binance.US, although this US-focused branch of Binance offers fewer features and lists a narrower range of cryptocurrencies. In addition, Binance does not have a clean sheet when it comes to the security of the funds, as the exchange’s wallets got hacked in 2019.

• As such it has to suffice much higher standards when it comes to transparency of its operations compared to privately held exchanges.
• The fees are on the higher side, especially when compared to other platforms.
• If you’re just getting started with crypto, eToro’s actually a pretty great place to dip your toes in.
• You can also trade more serious blockchain projects like Cardano, Bitcoin, Sui, Tron, and BNB, as well as top artificial intelligence (AI) coins like Render and Virtuals Protocol.

Pionex claims you can earn up to 270% APY using the bots, depending on your strategy and market conditions. If you’re new to the whole bot thing, they’ve got detailed tutorials that break down how each bot works and what kind of strategy it’s best for. And if automated trading isn’t really your thing, no worries—you can still trade manually on the platform.

Advanced traders might also wish for more advanced charting and crypto-focused tools. Crypto trading on eToro is not available in New York, Nevada and Hawaii. EToro has a slick, intuitive platform that new crypto users will like. An added perk is the platform allows users to copy the trades of experienced investors.

Choosing among the top 10 crypto exchanges in 2025 means weighing security, transparency, and costs above all. Look for platforms with proven proof-of-reserves, multi-layered user protection, and straightforward fees. OKX stands out for transparent operations, deep liquidity, and global user support. Start your crypto journey or elevate your strategy by opening an account or learning more with OKX today.

Select the Best Cryptocurrency Exchange for Your Goals

There are tons of exchanges out there in the US, which is great—but it can also make it kind of overwhelming to figure out which one to actually trust with your money. For me, the biggest thing was making sure the platform was safe and legit. No one wants to get caught up in some sketchy scam or deal with their account getting hacked.

How Do Crypto Exchanges Make Money?

Users can also fund accounts using Visa and MasterCard debit or credit cards, or through P2P services that provide an even broader range of local payment options. Margex also lets users buy Bitcoin and other popular cryptocurrencies with fiat money. The platform supports 152 payment methods, and the minimum deposit is just $5. They can also access copy trading features, staking rewards, and educational guides on how to analyze and trade crypto. The platform has competitive fees, with crypto futures trading fees starting at 0.01% for makers and 0.02% for takers, while CFD spreads start from 0.1%.