After evaluating dozens of cryptocurrency exchanges based on their performance in terms of currency, transaction fees, tools, user experience, security, popularity, etc., we have compiled the best cryptocurrency exchanges for 2025. In addition, we will introduce all aspects of cryptocurrency exchanges, including their characteristics, the difference between centralized and decentralized exchanges, and how to choose the best cryptocurrency exchange that suits you best. For specific content, please refer to the following.
Best Cryptocurrency Exchanges and Cryptocurrency Exchanges in 2025
Here is a list of the top cryptocurrency exchanges and trading platforms in the world by 2025:
Binance — Best choice for a wide variety of order types
OKX — Provides a feature-rich digital asset wallet
Coinbase Pro — The Best Cryptocurrency Exchange for Beginners
HTX — A feature-rich cryptocurrency trading platform
Bybit — The best choice for instant trade execution
Kraken — The Best Choice for Experienced Cryptocurrency Traders
Gate.io — Crypto platform for many niche cryptocurrencies
Crypto.com — The most liquid cryptocurrency exchange
MEXC — Spot trading with 0% transaction fees
KuCoin — The Best Choice for Crypto Collateralization
BingX — The Best Cryptocurrency Social Trading Network
Leading cryptocurrency exchange and crypto exchange
The following exchanges are rated based on factors such as the number of currencies, transaction fees, trading tools, user experience, security, popularity, etc., and the best cryptocurrency exchanges and currency circle exchanges in 2025 are ranked as follows:
1. Binance — Best for a variety of order types
Tradeable currencies: 400+
KYC certification: Yes
Transaction fee: 0% to 0.1%
Transaction limit: Yes
Why choose
Binance is popular in the industry as a leading cryptocurrency exchange designed for multiple trading order types and multiple product options. From basic market and limit orders to more advanced options such as stop-limit orders and trailing stop orders, Binance provides the tools to execute advanced trading methods with precision and flexibility.
Introduction
Binance is the world’s largest cryptocurrency exchange. Founded in 2017, Binance offers trading in over 380 digital assets worldwide. With its wide selection of order types — from limit orders to trailing stop orders — Binance offers users a variety of sophisticated trading options.
While the platform’s complexity may put off newbies, its low fees, global availability, and rich functionality have attracted professional investors. Despite its popularity, Binance is constrained by regulations in some countries that prevent it from doing more business.
advantage
Various order types
Diverse trading options
Relatively cheap transaction fees
Rich selection of digital assets
shortcoming
Complex interface for beginners
Facing regulatory issues in some countries
2. OKX — Provides a feature-rich digital web3 wallet
Tradeable currencies: 270+
KYC certification: Yes
Transaction fee: 0.08% to 0.1%
Transaction limit: Yes
Why choose
OKX was selected for the list of the best crypto exchanges and cryptocurrency exchanges because of its feature-rich digital web3 wallet. OKX supports multiple blockchains, provides quick access to DeFi applications, and has more than 270 crypto assets available for trading.
Introduction
OKX is a leading cryptocurrency exchange known for its low fees, wide range of digital assets and good liquidity. Mainly targeting professional traders, OKX offers a variety of trading options and tools. Since its inception, the exchange has quickly become the second largest crypto derivatives exchange in the world by trading volume.
However, OKX is best known for its feature-rich digital wallet, which supports 77 blockchains and provides quick links to DeFi applications. Professional traders can use OKX's advanced trading tools, such as futures trading, trading robots, and margin trading. For beginners, there are also demo accounts for learning.
advantage
Feature-rich digital wallet
Relatively low transaction fees
Advanced trading tools
Various currencies
shortcoming
Not very friendly to beginners
3. Coinbase Pro — Best Choice for Beginners
Tradeable currencies: 260+
KYC certification: Yes
Transaction Fee: 0% to 0.6%
Transaction limit: Yes
Why choose
Coinbase is well known as the best cryptocurrency exchange for beginners, with a user interface that simplifies the buying, selling, and trading process. With advanced security measures and training resources to guide new users, Coinbase provides a safe and informative platform to get started on your digital asset journey.
Introduction
Coinbase is the preferred cryptocurrency trading platform for beginners due to its simplicity and ease of use. Founded in 2012, it has gone public, serves multiple countries around the world, and offers more than 260 cryptocurrencies. Its platform is similar to an online banking application, which is very intuitive and makes it easy for new users to trade cryptocurrencies. Coinbase has leading security measures, including FDIC insurance for US dollar balances and digital fund insurance. However, its trading fees may be high for small capital traders, with fees as high as 0.60% depending on the transaction volume. In addition to digital asset trading, Coinbase also provides NFT markets and asset management income opportunities.
advantage
User interface suitable for beginners
Advanced security measures
Rich training resources
shortcoming
Limited professional trading features
Customer service can be slow
4. HTX — Feature-Rich Cryptocurrency Exchange
Tradeable currencies: 720+
KYC certification: Yes
Transaction fee: 0.01% ~0.2%
Trading restrictions: Yes
Why choose
HTX Huobi offers more than 720 cryptocurrencies, covering all major currencies, with professional technology, products and risk control systems, and provides convenient trading tools. In addition, HTX provides digital asset trading and management services to tens of millions of users in more than 130 countries around the world. It is a long-established and secure cryptocurrency exchange.
Introduction
Founded in 2013, Huobi allows you to trade over 720 cryptocurrencies, as well as crypto derivatives. Moreover, this cryptocurrency exchange has an easy-to-use yet professional interface, making it suitable for both beginners and experienced users.
HTX is currently in a leading position in the world in terms of technology, products, risk control system, operation and customer service system. HTX's predecessor Huobi was founded in 2013. According to relevant statistics, HUOBI quickly gained the trust of market investors. In September 2017, due to the ban on Bitcoin trading and ICO in mainland China, Huobi adjusted its business and organizational structure and actively promoted global expansion. Today, Huobi has provided safe and reliable digital asset trading and asset management services to more than 130 countries around the world.
advantage
Rich currencies
Provide professional trading tools
Old and safe platform
shortcoming
Facing regulatory issues in some countries
5. Bybit — Cryptocurrency Exchange with Instant Trade Execution
Tradeable currencies: 645+
KYC certification: Yes
Transaction fee: 0.015%~0.1%
Transaction limit: Yes
Reasons for selection
With its famous fast matching engine, Bybit is the best crypto exchange for instant trade execution. Its advanced technical analysis charts and perpetual futures products make it an attractive factor for professional traders.
Introduction
Bybit is a major player in the cryptocurrency and derivatives trading space, known for its instant trade execution. Accessing the platform via the website or app is simple and easy to use. By integrating advanced charts from TradingView, technical analysis is simplified for professional traders. However, newbies may find its interface too complicated.
Security is Bybit's top priority, and its dual wallet mechanism divides funds into cold wallets and hot wallets. This ensures that most user funds remain offline and avoid online threats. Although Bybit is not available in some jurisdictions, such as the United States, Syria, and Quebec, Canada, it has grown rapidly since its launch in 2018.
advantage
Instant trade execution
Leading trading capabilities
Professional-grade platform
Secure dual wallet mechanism
shortcoming
Complex interface for beginners
6. Kraken — Best choice for experienced digital asset traders
Trading currencies: 320+
KYC certification: Yes
Transaction fee: 0% to 0.4%
Trading restrictions: Yes
Why choose
Kraken is the best cryptocurrency exchange for professional users, with its professional-grade trading platform Kraken Pro. It also offers margin and futures trading, multiple order types, and low transaction fees.
Introduction
Founded in 2011, Kraken is one of the industry’s pioneers. It allows you to purchase tokens using a variety of fiat currencies and has lower instant purchase fees than most cryptocurrency exchanges.
Its platforms are aimed at users of all levels, but Kraken Pro is suitable for experienced and professional traders. At Kraken, you can use leverage to trade digital assets on margin and execute virtual currency derivatives trading strategies. It also offers futures contracts and API integration, allowing you to automate trading with custom robots.
Kraken’s secure and regulated systems ensure your crypto assets are protected through features such as two-factor authentication, cold storage of most funds, and regular security audits.
advantage
Advanced trading features
Professional-grade platform
Rich currency resources
Reliable and secure platform
shortcoming
Limited payment methods
7. Gate.io — Best choice for niche cryptocurrencies
Tradeable currencies: 2,800+
KYC certification: Yes
Transaction fee: 0% to 0.1%
Trading restrictions: Yes
Why choose
Gate.io is one of the best cryptocurrency exchanges, providing users with multi-currency trading. With over 2,800 tokens available for trading, including emerging tokens and popular assets, Gate.io meets the needs of all traders from novices to professional users.
Introduction
Founded in 2013, Gate.io is well-known for its reliability and security, with tens of millions of registered users around the world. Its comprehensive services are not limited to trading, but also include decentralized finance, research, venture capital and wallets.
Gate.io has a daily trading volume of over $7 billion and offers over 2,800 currencies for trading, making it one of the most diverse exchanges in the industry. In addition, the platform prides itself on its industry-leading security measures, including audits to prove the authenticity of 100% of its reserves and compliance with regulatory standards from over 224 countries.
Gate.io's commitment to security is reflected in its innovative GateChain, a next-generation public blockchain focused on asset security and decentralized trading. The cryptocurrency trading platform caters to both novice and professional traders through a user-friendly interface and professional trading features including spot trading, futures contracts, and copy trading.
advantage
Rich and diverse currencies
High security measures and proof of reserves
Providing a comprehensive platform for professional traders
shortcoming
Limited access in some areas
8. Crypto.com — The most liquid cryptocurrency exchange
Click here to visit Crypto.com
Tradeable currencies: 360+
KYC certification: Yes
Transaction fee: 0.04%~0.09%
Transaction limit: Yes
Why choose
Crypto.com is a cryptocurrency exchange that ranks among the top in terms of traffic, liquidity, and trading volume. The platform is currently headquartered in Singapore and has more than 50 million customers in more than 90 countries, including Europe, the United States, Canada, Australia, Latin America, and some Asian countries.
Overview
Crypto.com offers customers products including: mobile app, Crypto.com Visa card, mobile wallet, Crypto.com Earn, Crypto.com Pay, Crypto.com NFT, Crypto.com Credit. Centralized exchange (CEX) provides spot trading, margin trading and derivatives trading. Crypto.com also offers DeFi products such as DeFi wallet and Crypto.org chain ecosystem powered by its native token Cronos (CRO).
advantage
Up to 5% credit card rewards
Advanced leverage trading options
High liquidity enhances transaction efficiency
shortcoming
Management chaos and financial opacity
9. MEXC — 0% Fee Spot Trading
Tradeable currencies: 2,900+
KYC certification: Yes
Transaction Fee: 0%
Transaction limit: Yes
Why choose
MEXC is well known for its 0% maker and taker spot trading fees, 0% futures maker fees, and 0.02% taker fees. In addition, MEXC has more than 2,900 tokens, meeting the needs of small currencies for traders around the world.
Introduction
With 0% spot trading fees, MEXC combines user experience with cost-effectiveness. The cryptocurrency exchange offers over 2,900 tokens while having the technical capability to match up to 1.4 million trades per second. MEXC is popular with users because of its fees, with 0% "maker" and "taker" fees for spot trading, 0% for futures maker orders, and only 0.02% for takers. In addition to spot and derivatives trading, MEXC also offers services such as ETF listings. The platform also excels in futures contract trading, supporting USDT perpetual contracts with up to 200x leverage, and supporting its performance with an efficient matching engine.
For newbies or users who need to practice, MEXC provides a demo account function and offers a variety of digital asset management to obtain passive income. In terms of security, MEXC has comprehensive measures to protect users' funds and data, while providing non-KYC accounts for users who prioritize anonymity. In addition, the platform's mobile application and website provide the same trading experience anytime, anywhere. Although MEXC excels in many aspects, it is still lacking in training resources for beginners and direct fiat currency exchange support.
advantage
Spot trading 0 fee
Fast transaction capabilities
Rich currency selection
User- friendly interface
shortcoming
Limited training resources
Direct fiat currency exchange is not supported
10. KuCoin — Best Platform for Crypto Staking
Tradeable currencies: 830+
KYC certification: Yes
Transaction fee: 0.1%
Transaction limit: Yes
Why choose
Unlike other exchanges, KuCoin's staking options include flexible staking and locked staking , with different annualized yields. High yields mean high risks, while low yields mean relatively low risks. KuCoin is a multi-staking platform with multiple staking methods and multiple functions, making it one of the preferred crypto exchanges for professional traders.
Introduction
KuCoin is the most suitable cryptocurrency exchange for staking. With more than 830+ cryptocurrencies available for trading, covering multiple countries and regions, the platform provides traders with a lot of ways to stake assets and earn passive income. Its rich staking methods, including flexible staking and locked staking, have different annualized yields, satisfying investors with different risk preferences. For example, the platform's high-yield staking products, such as shark fin structured investments, provide users with the possibility of higher returns. In addition, KuCoin's low-risk staking methods provide users with an easy way to earn income on multiple cryptocurrencies.
Compared with other exchanges, KuCoin’s staking methods are very flexible and diverse. However, KuCoin is still not friendly enough for beginners. Nevertheless, with the platform’s powerful mobile client, a wide variety of tokens and rich features, KuCoin continues to attract traders seeking comprehensive trading and staking tools.
advantage
Many options for cryptocurrency staking
A wide variety of tradable cryptocurrencies
Provide advanced trading tools
Worldwide access
shortcoming
Not friendly enough for beginners
11. BingX — Best Crypto Social Trading Network
Tradeable currencies: 830+
KYC certification: Yes
Transaction fee: 0.4%
Transaction limit: Yes
Why choose
BingX was chosen as one of the best crypto exchanges because of its excellent social trading feature, which simplifies the trading process by allowing users to copy the trading strategies of successful traders.
Overview
Founded in 2018, BingX is an important player in the digital asset trading market with more than tens of millions of global customers. It ranks among the top global exchanges with a daily trading volume of approximately US$5 billion. BingX has obtained licenses from authoritative regulators such as Australia and Lithuania, ensuring a safe trading environment.
Opening an account on BingX is quick and easy, and there is no KYC process required, which is attractive to users who value privacy. However, unverified accounts have limited trading capabilities and are subject to transaction volume caps.
One of the outstanding features of BingX is its social trading capabilities. The platform provides copy trading strategies, allowing beginners to copy the trades of successful traders, making it easier for new traders to get started.
In addition, BingX supports trading in stocks, foreign exchange, and indices, making it a great choice for users who need to diversify their investments across various financial products.
advantage
Digital asset social trading function
A variety of financial instruments
No KYC process required (initial)
shortcoming
It may seem complicated to newbies
Best Cryptocurrency Exchanges and Cryptocurrency Exchanges Compared
The following is a table that lists the best crypto exchanges and cryptocurrency exchanges based on multiple aspects such as the number of currencies, KYC certification, transaction fees and transaction limits.
| company | Number of currencies | KYC Certification | Spot Fee Rate | Transaction Limits |
| Binance | 400+ | yes | 0% to 0.1% | yes |
| OKX | 270+ | yes | 0.08% to 0.1% | yes |
| Coinbase | 260+ | yes | 0% to 0.6% | yes |
| HTX | 720+ | yes | 0.01% to 0.2% | yes |
| Bybit | 645+ | yes | 0.015% to 0.1% | yes |
| Kraken | 320+ | yes | 0% to 0.4% | yes |
| Gate.io | 2,800+ | yes | 0% to 0.1% | yes |
| Crypto.com | 360+ | yes | 0.04% to 0.09% | yes |
| MEXC | 2,900+ | yes | 0% | yes |
| KuCoin | 830+ | yes | 0.1% | yes |
| BingX | 830+ | yes | 0.4% | yes |
The above is the relevant content about the best cryptocurrency exchanges and currency circle exchanges in 2025. Before investing, you must carefully compare how to choose cryptocurrency exchanges and currency circle exchanges.
