Best 10 Crypto Exchanges: Binance, Coinbase, Bybit & More

Best 10 Crypto Exchange: Binance, Coinbase, Bybit, OKX, KuCoin

Binance

Binance, launched in 2017 by Changpeng Zhao and Yi He, is the world’s largest crypto exchange by trading volume, handling $76 billion daily and serving 90 million users. It offers access to over 350 cryptocurrencies and features like spot trading with 0.10% fees, zero-fee BTC/ETH trading, and margin trading up to 10X leverage. Restricted in countries like the U.S., Singapore, and China, Binance also has a dedicated platform for U.S. clients, Binance.US, launched in 2019.

Coinbase

Coinbase Exchange is a US-based cryptocurrency platform founded by Brian Armstrong and Fred Ehrsam in 2012. It supports over 150 crypto assets, including BTC, ETH, and USDT, offering easy buy, sell, and trade options. Coinbase Pro, offering lower fees and advanced trade execution, was phased out in June 2022, with all users now accessing "Advanced Trade" on the main app. Fees range from 0.00% to 0.60%, and margin trading was discontinued in November 2020 due to regulatory changes.

Bybit

Bybit, launched in March 2018, is the world's second-largest cryptocurrency exchange by trading volume, serving over 40 million users. It offers spot trading, crypto derivatives (Futures, Options), NFT marketplace, and Bybit Earn products. Registered in the British Virgin Islands and headquartered in Dubai, Bybit supports over 100 crypto tokens, including BTC, ETH, and SOL. Traders can use up to 100x leverage, with fees starting at 0.10% for spot trading and 0.06% for derivatives. Founder Ben Zhou leads the platform.

OKX

OKX is a global cryptocurrency exchange and Web3 platform offering services in over 200 countries, though not in the U.S. OKX provides spot trading, margin trading with up to 10X leverage, and derivatives with up to 125X leverage. It supports over 350 cryptocurrencies and 500 trading pairs, including BTC, ETH, and SOL. Users can also access services like staking, crypto loans, and an NFT marketplace through its Web3 wallet. Fees start at 0.10% and decrease with volume.

Upbit

Upbit, South Korea's largest cryptocurrency exchange, was launched in October 2017 by Dunamu, founded by Song Chi-hyung. Offering over 180 coins and 300 trading pairs, Upbit provides a secure, user-friendly platform with low fees—0.05% for KRW pairs and 0.25% for BTC and USDT pairs. The exchange prioritizes safety with certifications like ISMS-P and ISO/IEC, and features an AI-based FDS system for transaction monitoring. Upbit operates globally, with independent branches in Singapore, Indonesia, and Thailand.

HTX

HTX is a global blockchain ecosystem offering digital asset trading, derivatives, wallets, and more, serving over 45 million users across 160 countries. With over 700 supported assets and daily trading volumes exceeding $4 billion, HTX provides services like spot, futures, and margin trading with up to 200X leverage. Founded as Huobi Global in 2013 by Leon Li, HTX rebranded in 2022 and operates from Seychelles. Users can reduce trading fees using HTX or TRX tokens, with a base fee of 0.2%.

Kraken

Kraken is a US-based cryptocurrency exchange founded in 2011 by Jesse Powell. It allows users to trade over 100 crypto assets and 7 fiat currencies, with services like spot trading, margin trading, and futures. The platform offers up to 5X leverage and low fees, with 0.9% for stablecoins and 1.5% for other assets via Instant Buy. Kraken serves over 8 million users globally but restricts access to certain countries like Afghanistan and Iran. It is headquartered in San Francisco.

Gate.io

Gate.io is a leading cryptocurrency exchange launched in 2013 by Lin Han, offering over 1,400 cryptocurrencies and 2,500 trading pairs. Known for its high trading volume (over $12 billion daily), it supports spot, margin, futures, and derivatives trading. Gate.io provides up to 10X leverage for margin trading, with fees based on a tiered VIP system. The exchange is based in the Cayman Islands but is restricted in countries like the U.S., Cuba, and North Korea. KYC is mandatory for withdrawals.

Bitfinex

Bitfinex, founded in 2012 by Raphael Nicolle and Giancarlo Devasini, is one of the oldest and most liquid cryptocurrency exchanges. It offers professional traders and institutions a wide range of services, including margin lending, paired trading, OTC trading, and up to 10x leverage. The platform supports over 270 cryptocurrencies, including BTC, ETH, and USDT. Bitfinex offers competitive trading fees, with discounts available for users holding UNUS SED LEO tokens. The exchange is based in Hong Kong but restricts access to several countries, including the U.S.

KuCoin

KuCoin is a global cryptocurrency exchange launched in 2017, known as the “people's exchange” with a mission to facilitate the global flow of digital value. It supports over 30 million users across 200 countries, offering nearly 700 cryptocurrencies, including BTC, ETH, USDT, and BNB. KuCoin provides features like futures trading, a P2P exchange, and credit/debit card purchases. With a lifetime trading volume of $1.2 trillion, it is headquartered in Seychelles, with offices in Hong Kong and Singapore.