Best Crypto Exchange

Best Crypto Exchange

Whether you want to buy an NFT or invest in a cryptocurrency, your first encounter will be with a crypto exchange. Fortunately, we have already covered how an exchange works. To give you a recap, it is like a market or a stockbroker where you can buy, sell, and trade cryptocurrencies. With umpteen options in the market, we will help you find out the best crypto exchange for you.

Before we begin, you should know that a crypto exchange, also called a trading platform, can hold your digital assets for you. But the safer practice is to transfer the cryptocurrency and assets to your own crypto wallet. If you do not know how we have done a guide on it and a review on the best crypto wallet that you can read.

Now, let’s get started.

Binance – Best Crypto Exchange for Altcoins

In terms of features, low fees, and security of users’ assets, Binance is the best crypto exchange. Binance is the global version that allows users to trade more than 300 cryptocurrencies on its platform. However, it was banned in the US, but fortunately, most states allow Binance.US. You should check out the website of Binance.US to see if your state supports the platform.

Binance.US app offers almost the same features, but one of two cons is that traders can only trade around 50 coins. The other difference between the Binance versions is that users can get more educational materials and support on the global platform.

Coinbase – Best Crypto Exchange for Beginners

Smartphone with App

Coinbase is the best crypto exchange when it comes to user-friendliness. Although, it comes in two versions: Coinbase and Coinbase Pro. Both of them offer the best security and features. The only difference is that the Coinbase Pro version comes with more charts and figures and is a bit complex to use. Do not be afraid of the Pro name; both are free to use. Also, if the complexity does not bother you, you might find that the Coinbase Pro offers slightly less fees than the simple one.

The bottom line is whether you want to buy Bitcoin (BTC), Ether, or any other cryptocurrency, Coinbase is the most user-friendly among all exchanges we have reviewed.


Kraken might not be the best crypto exchange out there, but it definitely is one of the oldest exchanges. Launched in 2011, Kraken has maintained its high set of features, including the support of more than 90 cryptocurrencies. Users can either create an account of the basic service or the Pro service, which charges less fee than the basic one. However, the only con is that users will need to spend some time learning the platform. Apart from that, if you are investing or trading in a large amount, you will be impressed with the high-security measures of this app. - Best Crypto Exchange for Coins Offered

Illustration of Changing dollar into coins

If we measure in terms of the most cryptocurrencies and coins supported by a platform, comes out as the best crypto exchange. It allows you to buy and trade a whopping 600 coins, even more than that. Another of its great features is that it offers a low fee to its users and investors. However, it comes at the expense of simple trading. Users cannot trade cryptocurrencies using dollars; instead, a customer will need stablecoins in their account to buy currencies. offers more than 180 digital currencies on its platform. You can enjoy a low fee if you transfer cash to your account for trade. However, for purchases through debit or credit card, the fee is relatively high. If advanced users prefer DeFi offering and other debit card perks, this might be the best crypto exchange for them.

The only cons of using this market are that it does not support crypto-to-crypto trading. And you can only benefit from the low fee if you are investing in large volume.

Gemini – Best Crypto Exchange for Crypto Beginners

Apart from Coinbase, Gemini is one of the most user-friendly crypto exchanges in this review guide. It offers a wide range of cryptocurrencies in all states, which is a feat that no other exchange has yet achieved. Apart from the insurance and security features, it offers users and investors different platforms to learn crypto trading. Moreover, Gemini even has its wallet to keep your digital assets secure.

There are not many cons of the Gemini crypto exchange, although the fee structure is a bit complex. The fee for the website and mobile app purchases varies with each transaction, whereas it is fixed for card purchases. Apart from this fee hiccup, Gemini is a top contender for the best crypto exchange.


If you want the freedom of options, KuCoin is the best crypto exchange for you. It is one of the few crypto exchanges that offer more than 400 coins and currencies for users and investors to trade. There are not many cons to this market, but the only one is that you cannot directly buy crypto with US dollars. Instead, this crypto trading platform users US dollar stablecoins. 

Some More Crypto Exchanges

Now, let us talk about some of the most unique cryptocurrency trading platforms.

First in this mini list is eToro. ‘eToro’ is more than just a cryptocurrency trading platform, it is a social app as well. Although it started as a Forex and stock trading app, it has since added Bitcoin (BTC) to its fold. Users can connect with other Bitcoin traders and investors and learn from them in a community. Moreover, eToro is well regulated, providing more security to your Bitcoin (BTC) and digital assets.

The second one is BlockFi. It might not be the best crypto exchange, but it does what no other options on this review list do. BlockFi offers you a Bitcoin (BTC) credit card. And the best part is that it is backed by a firm from Wall Street and Gemini, adding to the credibility and security. You cannot only trade your cryptocurrency on BlockFi but borrow it as well. BlockFi even has a free mobile app that is easy to use for a new customer. The only thing most users would not like is the low number of cryptocurrencies it offers for trading.

Lastly, Coinmama is a crypto exchange suitable only for traders involved in Bitcoin (BTC) trading. One of the best features of Coinmama is that the fees get lower as your trading volume gets higher. Moreover, users can buy Bitcoin using their credit card. However, Coinmama does not offer an in-built digital wallet. Consequently, you will have to connect your digital wallet with the account on the mobile app of Coinmama.

Also, as a customer, you should review the comment of other users regarding the crypto exchanges to get a better idea.

Key Takeaway for the Best Crypto Exchange

Rocket on the top of coins

When it comes to the verdict, it becomes hard to name a single best crypto exchange. As you read, all exchanges have unique features that make them the best choice. There is no single factor that contributes to this verdict. In fact, it depends on everything from the ease of opening the account, coins and cryptocurrencies offered, the security of your digital assets, and user-friendliness for the users, investors, and traders.

We have already explained how a crypto exchange works and how you should select one. In a nutshell, each exchange offers a free-to-use website and mobile app. But be wary of the fee they charge on each trade. As you have read, some platforms charge fees depending on the cryptocurrency each customer is trading. Whereas other exchanges might have fixed fees.

However, you can chalk the options down to your preferred features. For instance, Binance, Coinbase, and Gemini are best for crypto enthusiasts and beginners. On the other hand, eToro and Coinmama are best for investors dealing only with Bitcoin (BTC).

Keep reading the blog to stay updated with the NFT and crypto realm.


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