The Best Crypto Exchanges: Our Top Ten
| Name of crypto exchange | Links to our comprehensive reviews |
|---|---|
| 1. eToro | eToro review: includes the unique “CopyTrader” feature |
| 2. CEX.IO | CEX.IO review: a platform designed for beginners |
| 3. Binance | Binance review: one of the world’s largest crypto platforms |
| 4. Coinbase | Coinbase review: known for strong security features |
| 5. Crypto.com | Crypto.com review: earn interest on cryptocurrency holdings |
| 6. Gate.io | Gate.io review: a good option for experienced traders |
| 7. CoinDCX | CoinDCX review: a great localised exchange for traders in India |
| 8. Uphold | Uphold review: seamless exchange between multiple asset classes |
| 9. Kraken | Kraken review: secure with advanced trading tools |
| 10. KuCoin | KuCoin review: large selection of altcoins |
Reviews of the Best Crypto Exchanges
Welcome to our comprehensive guide on the planet’s best crypto exchanges. We’ve ranked our top ten crypto exchanges for your convenience, with a top 10 list above and a more detailed breakdown below. As cryptocurrencies continue to gain mainstream popularity, the number of exchanges offering these digital assets has grown rapidly, meaning it can be challenging to determine which crypto platform to use.
In this guide, we’ve compiled a list of the top crypto exchanges, complete with reviews and analysis of their features, fees, security, and customer support. Our goal at Hands Up Crypto is to help you make an informed decision about which is the best crypto exchange to choose, based on your specific needs and preferences.
We have evaluated each crypto exchange based on several criteria, including user experience, available trading options, deposit and withdrawal options, regulatory compliance, and more. Whether you are a seasoned trader or new to the world of cryptocurrencies, we have something for everyone in this guide. We understand that each trader has unique needs and goals, and our reviews are designed to help you find the exchange that best suits your individual preferences.
All our crypto exchange reviews are available in long-form, but if you want a quick snapshot review instead take a look at the reviews below. A summary of each exchange is provided, along with a button to the full review for the brand, as well as a button to take you quickly and directly to the exchange itself.
eToro Review – In Brief
Summary: One of the unique features of eToro is its social trading aspect, which allows users to see and copy the trades of other successful traders on the platform. This can be a useful tool for those who are new to trading or those who want to learn more about successful trading strategies.
CEX.IO Review – In Brief
Summary: CEX.IO offers a wide variety of cryptocurrencies to trade, has high liquidity and trading volumes, provides advanced trading tools, offers margin trading and a mobile app, and has a strong reputation for security and reliability. Additionally, CEX.IO has competitive fees and offers multiple deposit and withdrawal options, including credit/debit cards, bank transfers, and cryptocurrency deposits/withdrawals.
Binance Review – In Brief
Summary: Binance is one of the largest and most popular cryptocurrency exchanges in the world. The platform has a highly intuitive user interface and is known for its fast transaction processing times and low fees. Additionally, Binance has a strong commitment to security, using multiple layers of protection and offering a Secure Asset Fund for Users (SAFU) to protect against any potential losses due to security breaches.
Coinbase Review – In Brief
Summary: Coinbase is a popular and reputable cryptocurrency exchange with a user-friendly interface and high security standards. It offers a wide range of cryptocurrencies for trading and supports multiple payment methods for easy deposits and withdrawals. Furthermore, it has a strong track record of regulatory compliance and customer support, making it a reliable choice for both beginners and experienced traders alike.
Crypto.com Review – In Brief
Summary: Crypto.com is a well-regarded crypto exchange that offers a wide range of features for both novice and advanced users. The platform provides a user-friendly interface, a variety of trading pairs and markets, and the ability to buy, sell, and trade cryptocurrencies. In addition, Crypto.com offers low fees, competitive exchange rates, and a user-friendly mobile app, making it an ideal choice for those who prefer to manage their crypto investments on-the-go.
Gate.io Review – In Brief
Summary: Gate.io is a popular cryptocurrency exchange known for its low trading fees, user-friendly interface, and wide range of trading pairs. It offers over 500 trading pairs, including both crypto-to-crypto and fiat-to-crypto pairs. The platform also has a simple and intuitive layout that makes it easy for even novice traders to buy and sell cryptocurrencies.
CoinDCX Review – In Brief
Summary: CoinDCX is a popular cryptocurrency exchange in India that offers over 200 trading pairs, high liquidity, and low trading fees. It also offers a user-friendly interface, advanced trading features, and robust security measures to protect user funds. CoinDCX’s ability to support both crypto-to-crypto and fiat-to-crypto trading, along with its focus on user education and customer support, makes it a good option for both novice and experienced crypto traders in India.
Uphold Review – In Brief
Summary: Among Uphold’s unique features is that allow users to trade a variety of assets, including cryptocurrencies, fiat currencies, and precious metals, all in one place. Uphold also provides users with a secure and user-friendly platform, as well as competitive fees and convenient deposit and withdrawal options. Also, Uphold has a strong commitment to regulatory compliance and has obtained licenses in several jurisdictions, giving users confidence in the safety and legitimacy of the exchange.
Kraken Review – In Brief
Summary: Kraken is a highly respected and trusted cryptocurrency exchange platform that offers a range of features for both beginners and advanced traders. It has a high level of security, fast and reliable trading, a user-friendly interface, and a wide variety of cryptocurrencies available for trading.
KuCoin Review – In Brief
Summary: KuCoin offers a user-friendly trading platform, a wide range of cryptocurrencies, low trading fees, and various security features such as 2FA and cold storage. They also offer regular promotions and incentives for users.
What is the best crypto exchange? How we choose
With new crypto exchanges constantly emerging, it can be challenging to determine which one is the right fit for your needs. The reality is that the best crypto exchange for you might not be the best one for someone else. Factors such as security, fees, user experience, customer support, and available cryptocurrencies all play a role in deciding on what is the best crypto exchange for you. Here’s some of the criteria we use when reviewing crypto platforms:
Crypto Exchange Security
- When it comes to trading on a crypto exchange, security should always be your top priority. After all, you’ll be entrusting your hard-earned money to the exchange, and you want to make sure that it’s safe and secure.
- One of the key security features to look for in a crypto exchange is two-factor authentication (2FA). 2FA is an extra layer of security that requires you to enter a unique code in addition to your password when logging in to your account. This can help prevent unauthorized access to your crypto exchange account, even if your password is compromised.
- Another important security feature to consider is cold storage of funds. This means that the crypto exchange stores most of its funds offline, in a secure location that’s not connected to the internet. This can help protect your funds from hackers and other malicious actors.
- When choosing a crypto exchange, it’s also important to consider the exchange’s reputation for security. Look for an exchange that has a good track record when it comes to protecting users’ funds and personal information. You can often find information about an exchange’s security practices and history online, by reading reviews and checking forums and social media platforms.
Crypto Trading Fees
- Additionally, some exchanges may offer discounts or incentives for using their native tokens to pay for fees. It’s worth considering these options if you plan to trade frequently on a specific exchange.
- Whichever crypto exchange you choose it’s important to balance the fees with the quality of service offered by the exchange. Make sure you don’t sacrifice security and reliability in exchange for lower fees on a platform with a low reputation, as it may end up costing you more in the long run.
- Crypto trading fees are an important factor to consider when choosing a crypto exchange. These fees can eat into your profits, so finding an exchange that offers competitive fees is crucial.
- Trading fees are typically charged as a percentage of the transaction value. Some exchanges also charge additional fees for deposits and withdrawals. It’s important to consider all these fees when evaluating a crypto exchange. Furthermore when comparing fees across exchanges, it’s important to take note of the fee structure. Some exchanges may offer lower fees for high-volume traders, while others may have a flat fee for all transactions.
Supported Cryptocurrencies
- It’s crucial to make sure that the exchange supports the cryptocurrency you want to trade. Not all exchanges support all cryptocurrencies, so it’s essential to check which cryptocurrencies are supported before making a decision. With thousands of cryptocurrencies available in the market, most exchanges typically support only a few hundred at best.
- It might help if you make a list of the cryptocurrencies you want to trade, and then look for crypto exchanges that offer those specific cryptocurrencies. If you plan to trade less popular cryptocurrencies, you may need to do some more research to find a crypto exchange that supports them, while of course paying attention to the platform’s reputation and reliability.
- It’s also worth noting that some crypto exchanges may list a cryptocurrency, but it may not be available for trading due to low liquidity or other factors. Therefore, it’s important to verify that the cryptocurrency you want to trade is available for trading on the exchange.
Crypto Exchange User Experience
- The crypto exchange you choose should have an intuitive interface that’s easy to navigate, especially if you’re new to trading cryptocurrencies. The trading tools should be easy to use and provide you with all the necessary information to make informed decisions. Look for an exchange that offers charting tools, real-time price updates, and other features that make trading easy and straightforward.
- Another aspect of user experience to consider is customer support. A good exchange should offer responsive customer support that can help you resolve any issues that you encounter while trading. This could be in the form of email, live chat, or phone support.
- Additionally, it’s worth considering the availability of mobile apps for the platform, as they can provide a convenient way to trade on-the-go. Make sure the crypto exchange you choose offers a mobile app that’s easy to use and offers all the same features as the desktop version.
Crypto Platform Reputation
- Do some research to find out what other traders are saying about the exchange. Good reputations are hard-earned on the back of good all-round service to the likes of you, the paying customer.
- Look for an exchange with a good reputation for reliability, security, and customer support. For example, you might want to check for any past security breaches on the crypto exchange and how the platform handled them.
- Check if the exchange is regulated in your country or region. A regulated exchange is generally considered safer because it has to comply with certain standards and regulations.
- Longevity isn’t the be all and end all. However, it stands to reason that any crypto exchange with a proven track record of being in business for a years, without any significant issues, is more likely to be reliable than not.
- Finally, a good exchange should be transparent about its operations, fees and general terms and conditions. Make sure to read and understand the terms and conditions before signing up.