Cryptocurrency exchanges operate similarly to other central exchanges, such as traditional online brokerages. These platforms offer you all the tools to trade and invest in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. In addition to providing a platform to securely buy and sell digital currencies and tokens, many crypto exchanges offer additional crypto investment features, such as staking, lending, and digital asset custody.
We reviewed 28 cryptocurrency exchanges based on several key criteria, including security (weighted 16%) offerings (weighted 8%), availability (weighted 3.5%), fees (weighted 45%), financial options (weighted 5%), features (weighted 11%), and mobile capabilities (weighted 11.5%). We considered these factors when selecting this list of the best cryptocurrency exchanges.
Best Crypto Exchanges and Apps of 2023 Best for Low Fees and Best for Experienced Traders: Kraken Best for Beginners: Coinbase Best Mobile App: Crypto.com Best For Security: Gemini Best for Altcoins: BitMart Best for Bitcoin: Cash App Best Decentralized Exchange
Key Specs Transaction Fees: 0.15% to 0.075% 20 Currencies: 120+ Minimum Deposit Or Purchase: Not Disclosed Trade Limits: No
Key Specs Transaction Fees: Varies Currencies: 1 Minimum Deposit Or Purchase: $1 Trade Limits: Yes
Key Specs Transaction Fees: 0.045% to 0.25% Currencies: 1500+ Minimum Deposit Or Purchase: $50 for Bitmart purchases Trade Limits: No
Key Specs Transaction Fees: 0.0% to 0.40% for active trader, 1.49% for most transactions on regular platform Currencies: 80+ Minimum Deposit Or Purchase: Varies Trade Limits: Yes
Key Specs Transaction Fees: 0.00% to 0.75% Currencies: 250+ Minimum Deposit Or Purchase: $1 Trade Limits: Yes
Key Specs Transaction Fees: 0.00% to 0.60% Currencies: 200+ Minimum Deposit Or Purchase: $2 Trade Limits: Yes
Key Specs Transaction Fees: 0.00% to 0.26% Currencies: 200+ Minimum Deposit Or Purchase: $1 Trade Limits: No