The 10 Best Crypto Exchanges

Finding the right cryptocurrency exchange can be a challenge. In this article, we outline the ten best exchanges and what makes them special.

4 Mar
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With hundreds of cryptocurrency exchanges to choose from, it can be difficult to figure out which one is best for you. It is estimated that there are over 500 different cryptocurrency exchanges in existence today. As such, having to figure out which one is right for you can be a daunting task.

While at their core almost all crypto exchanges perform the same task of letting you buy and sell digital assets, each exchange has its own unique focus and benefits. In this article, we outline the ten best exchanges that you can start using today, and what makes them so great.

1. Binance

Founded in 2017, Binance has now become the largest crypto exchange by trade volume and is one of the fastest in the world. The exchange reportedly trades over $2 billion per day and offers over 600 different trading pairs.

Binance originally started in China, but as the government began to crack down on cryptocurrency, it subsequently moved to Japan, then settled in Malta. It benefits from having one of the most highly regarded exchanges on the market and has a strong reputation for being the best in its class.

Binance is extremely comprehensive: users can trade both in crypto and fiat currency on the platform. Additionally, in January 2019 the exchange added support for Visa and Mastercard by partnering with Simplex, meaning that users can buy certain cryptocurrencies using their credit card.

Whether you are new to crypto or an experienced trader, Binance is a fantastic option. It’s the most popular for a reason!

2. HitBTC

HitBTC launched in 2013 and is known for being one of the oldest and fastest growing crypto exchanges on the market. The exchange has an unparalleled track record of reliability, and offers users a comprehensive range of services. HitBTC boasts the largest spot trading market in the industry with over 800 trading pairs and 500+ spot instruments supported.

For those concerned about security, HitBTC takes several steps to ensure it. The exchange makes use of cold storage, 2-factor authentication, and advanced encryption technology to give you peace of mind when it comes to your assets.

Based in Hong Kong, HitBTC has dominated the Asian market, and the rest of the world. It is one of the best platforms in the cryptocurrency space.

3. Bilaxy

After launching in 2018, Bilaxy has quickly become one of the world’s most popular cryptocurrency exchanges. The exchange experiences nearly $2 billion in daily trading volumes according to CoinMarketCap.

Bilaxy places a strong focus on liquidity for new tokens for global crypto traders. With over 150 trading pairs, Bilaxy is well on its way to establishing a leading global trading platform that provides a broad range of trading products and services for users. The exchange has a strong focus on transparency, reliability, quality execution, and client services.

With flat fees well below the industry average, Bilaxy is a popular choice for both complete beginners and those well-versed in crypto.


Based in the Netherlands, LATOKEN is a rapidly growing exchange that focuses on liquidity for new tokens. The exchange also boasts the largest Initial Exchange Offering (IEO) market in the world. Security Token Offerings (STO) are also available on the LATOKEN crypto exchange. In addition to crypto trading, users can participate in select tokens sales for presale and crowd funding stages. 

LATOKEN launched in 2017, and by 2019 was in the top 20 exchanges on CoinMarketCap. The exchange has over 400,000 registered users from all over the map, and has an impressive daily trading volume of over $1 billion. LATOKEN has a broad appeal for both users and entrepreneurs.

For those looking to diversify their assets, the exchange offers over 300 trading pairs with more being added each week. With a heavy emphasis on security (99% of user funds are kept in cold storage), LATOKEN is one of the safest and easiest ways to trade crypto in today’s market.

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5. Hotbit

After a successful launch in 2018, Hotbit has been steadily growing. The crypto exchange offers one of the largest markets for trading, with over 500 different trading pairs available. Hotbit boasts over 500,000 active users from over 170 different countries.

If customer service is of the utmost importance to you, Hotbit goes above and beyond. They offer 24/7 customer service through multiple channels. Additionally, their website is available in six different languages, making it accessible to users all over the world.

Hotbit is registered in both Estonia and Hong Kong, which grants access to trading in both the East and West.

6. p2pb2b

Operating out of Estonia and licensed by the relevant authorities in the EU, p2pb2b is an advanced cryptocurrency exchange that is all about its users. The exchange offers 24/7 support in eight different languages, and has an optimized user interface to make your experience more pleasant. 

The exchange has a strong focus on security: over 95% of user assets are stored in cold wallets, making them far less vulnerable to hacks. Additionally, p2pb2b has an attractive affiliate program and commission-free transfers between users. With over 700 different trading pairs (including fiat currencies) and over 300,000 users, p2pb2b is becoming a popular option in the crypto exchange market.


IDCM is one of the fastest growing crypto exchanges in Asia, but it is so much more than that. The platform provides services such as fiat and cryptocurrency trading, alliance exchange partnerships, project incubation, and STO/IEO fundraising management. IDCM has a number of “alliance exchange” branches in countries such as Dubai, Japan, Estonia, and Singapore.

The platform is licensed in Australia, the Philippines, and Hong Kong, and you can expect that it will take the Western markets by storm. The team behind IDCM is well-versed in the financial industry, with a wealth of experience under their belt. 

8. WhiteBIT

WhiteBIT is a centralized crypto exchange based in Estonia that offers not only crypto-to-crypto transactions, but also crypto-to-fiat. Having both European Exchange and Custody licenses, the exchange meets all AML and KYC requirements.

The platform is very user-friendly. The trading and matching engines use cutting edge technologies, guaranteeing quick deposits and withdrawals. Additionally, WhiteBIT has the capacity to process over 10,000 trades per second, making it one of the highest performing platforms around. 

If you’re concerned about security, WhiteBIT stores over 95% of user funds in cold wallets. Additionally the platform utilizes WAF (Web Application Firewall), which continuously screens for suspicious behaviour and subsequently detects hacking attacks much quicker than comparable exchanges.

With over 150,000 users, the exchange is steadily growing, it’s becoming extremely popular in Europe and is only going to keep expanding.

9. ProBit

Based in South Korea, ProBit offers enhanced security and a cutting edge trading engine. The exchange only lists what it deems to be qualified and deserving cryptocurrency projects, and reportedly has an order matching speed of over 1.5 million orders per second. ProBit offers a totally customizable dashboard, which makes it easy to use for beginners and perfect for professional traders too.

Along with offering over 300 different trading pairs, ProBit also offers users access to IEOs. As for security, the exchange stores 95% of user assets in cold storage and has a number of added measures in place to protect your funds. 

All in all, ProBit offers benefits to experienced traders and to complete beginners. 

10. ExMarkets

While ExMarkets is smaller than some of the other exchanges on our list, it offers a great experience to its users. Powered by a proprietary, state-of-the-art trading engine, users can set up an account in minutes and begin buying and selling crypto and some fiat currencies. Users can also access the token sales of promising blockchain and crypto projects through ExMarket’s IEO LaunchPad.

The platform was granted two licenses by Estonian regulators, which allow it to operate as a crypto-fiat gateway and custodian service, and make it one of the few certified platforms on the market. ExMarkets is still growing, and we can’t wait to see where it goes.


As you can see, there are several great options available, and this is only a fraction of the cryptocurrency exchanges in existence. Determining which exchange is right for you will depend on what you are looking for. Experienced traders might want to look for an exchange that caters to their needs while complete beginners may look for a user-friendly experience and quick onboarding process.

Where you are based may also depend on which exchange is right for you. Unfortunately for US citizens, a good portion of crypto exchanges avoid dealing with the US altogether due to the lack of regulation, or put restrictions on American users. 

As always, we encourage you to do your own research and due diligence when it comes to picking an exchange, especially when it comes to security. A cryptocurrency exchange should have cold storage to keep your funds safe in the event of a hack, and all security measures should be clearly outlined.

Wherever you are on your crypto journey, we hope you find this list useful.