Cryptocurrency exchanges allow you to trade and buy digital assets. These platforms have been coming under intense scrutiny recently, with many traders losing money on failed transactions at the hands of incompetent or fraudulent operators.
Cryptocurrency exchanges are a popular way to trade cryptocurrencies. Top cryptocurrency exchanges 2020 will help you find the best one for your needs. Read more in detail here: top crypto exchanges 2020.
So many currencies, so many exchangers. Which ones are your favorites? It might be difficult to choose just one exchange that corresponds with your trading aims since each exchange has its own set of restrictions.
The best centralized cryptocurrency exchanges that our editors suggest are listed below. Each exchange is scored based on a variety of variables, including how long they’ve been in operation, their TrustPilot ratings, the ease of use of their interfaces, the amount of assets they support, and their security measures. Those seeking decentralization can read our post detailing the best decentralized crypto exchanges available today.
Binance
4 years in the business
Score on Trustpilot: 2
4 out of 5 for user friendliness
The total number of assets is 60.
5 points for safety.
Binance is one of the newest cryptocurrency exchanges on the market, having only been established for four years. Despite this, it has swiftly established itself as one of the most popular crypto-to-crypto exchangers. Binance supports over 100 digital currencies and offers a user-friendly trading interface that even novices will find simple to use once they get the hang of it. The exchange located in the Cayman Islands today has over 28 million customers worldwide. (We give it a 3.5-star rating.)
Coinbase
9 years in the business
Score on Trustpilot: 1.6
5 out of 5 for user friendliness
The total number of assets is 108.
5 points for safety.
headquartered in San Francisco Coinbase is the first “unicorn” bitcoin firm, with a market capitalization of $70 billion. Since its inception in 2012, Coinbase has been one of the most popular cryptocurrency exchanges. Coinbase is a mobile and web-based platform for purchasing digital currencies that is particularly user-friendly. Its platform is being used by over 56 million people in more than 100 countries. Bitcoin’s app even reached the top of the Apple iStore during its late-2017 rise. Coinbase now supports bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC), ether (ETH), and a variety of other cryptocurrencies. (We give it a 4.0 rating.)
BitMEX
Years in the Industry: 7
Score on Trustpilot: 2.2
4 out of 5 for user friendliness
Assets: 6 Total Assets: 6 Total Assets: 6 Total Assets: 6
5 points for safety.
BitMEX is a professional trading platform for digital asset futures. Since its inception in 2014, the exchange has grown to become one of the most popular trading platforms for professional bitcoin dealers. BitMEX is a platform for trading currency futures, derivatives, and other financial instruments. (We give it a 3.5-star rating.)
Bittrex
Years in the Industry: 7
Score on Trustpilot: 1.4
4 out of 5 for user friendliness
The total number of assets is 57.
5 points for safety.
After its establishment in 2014, Seattle-based Bittrex swiftly became one of the most popular cryptocurrency exchanges for people interested in investing in altcoins. Bittrex provides a diverse selection of digital assets and adds (and removes) coins and tokens on a regular basis to keep up with investor demand. Bittrex is popular among investors who participate in initial coin offers (ICOs), since it is often one of the first exchanges to list new ICO tokens. (We give it a 3.5-star rating.)
LocalBitcoins
9 years in the business
Score on Trustpilot: 4.8
5 out of 5 for user friendliness
Assets Counted: 17
4 points for security
LocalBitcoins is the world’s most widely used peer-to-peer bitcoin trading platform. Due to its extensive choice of fiat currency payment alternatives, the Finland-based exchange has managed to garner significant popularity in developing economies since its inception in 2012. (We give it a 3.5-star rating.)
Gemini
Years in the Industry: 7
Score on Trustpilot: 2.6
4 out of 5 for user friendliness
The total number of assets is 63.
4 points for security
Gemini is a licensed cryptocurrency exchange where users may buy and sell assets such as Bitcoin, Ethereum, and Zcash. The Winklevoss brothers created the exchange in 2014, and it also provides a custodial service to its members. (We give it a 3.0 rating.)
HitBTC
Years in the Industry: 8
Score on Trustpilot: 1.9
Friendliness to Users: 3
Assets Counted: 900
4 points for security
HitBTC was founded in 2013 and has since grown to become one of the most popular bitcoin exchanges in the world. The exchange allows investors to purchase and sell over 300 digital assets, making it a favorite choice among altcoin traders. (We give it a 4.0 rating.)
Huobi
Years in the Industry: 8
Score on Trustpilot: 2.8
4 out of 5 for user friendliness
The total number of assets is 370.
4 points for security
Seychelles-headquartered Huobi is a famous cryptocurrency exchange. It was created in 2013 and has since become one of the most popular bitcoin trading platforms in Asia. (We give it a 3.5-star rating.)
Kraken
10 years in business
Score on Trustpilot: 2.7
4 out of 5 for user friendliness
The total number of assets is 92.
4 points for security
Kraken was launched in 2011 and has steadily increased its digital asset offering to keep up with consumer demand. The platform now supports over 90 cryptocurrencies, including bitcoin (BTC), litecoin (LTC), and ether (ETH), and offers a trading dashboard with a variety of graphing tools and historical price data. Kraken’s user interface might be difficult for newcomers, which is why it is best suited to more experienced investors. (We give it a 3.5-star rating.)
Poloniex
Years in the Industry: 7
1.5 on the Trustpilot scale
4 out of 5 for user friendliness
The total number of assets is 200.
4 points for security
Poloniex was founded in 2014 to provide investors with easier access to altcoins. Due to its wide choice of investable assets and margin trading options, the exchange became one of the most popular cryptocurrency trading platforms in the years that followed.
Poloniex was acquired by Circle, a well-known bitcoin business, in 2018. (We give it a 3.0 rating.)
OKEx
4 years in the business
3.6 out of 5 stars on Trustpilot
Friendliness to Users: 3
The total number of assets is 30.
4 points for security
Seychelles-based OKEx was formed in 2017 with the goal of bringing bitcoin and other digital assets to Asian investors. Over 170 investable assets, as well as futures trading, are available on OKEx. (We give it a 3.5-star rating.)
Bitfinex
9 years in the business
3.6 out of 5 stars on Trustpilot
4 out of 5 for user friendliness
The total number of assets is 100.
3 points for security
Bitfinex was established in 2012 to provide cryptocurrency investors a diverse range of digital currencies and tokens to invest in. The Kazakhstan-based exchange has consistently placed among the top bitcoin exchanges in terms of trading volume. (We give it a 3.5-star rating.)
Bitstamp
10 years in business
Score on Trustpilot: 2.1
4 out of 5 for user friendliness
The total number of assets is 47.
4 points for security
Bitstamp, situated in Luxembourg, was formed in 2011 to provide European consumers convenient access to bitcoin trading. The exchange immediately established itself as one of the most popular among European bitcoin investors. (We give it a 3.0 rating.)
Changelly
Years in the Industry: 6
4.5 out of 5 stars on Trustpilot
5 out of 5 for user friendliness
The total number of assets is 210.
3 points for security
Changelly, which has over two million registered users and offers over 210 digital currencies and tokens, was founded in 2015 to provide cryptocurrency investors with an easy-to-use platform for purchasing digital assets. You may use a credit card to buy bitcoin and other digital assets on Changelly, but the exchange is most known for its crypto-to-crypto trading service, which carries a 0.25 percent fee. Changelly is able to provide good conversion rates because it obtains the best pricing by using the trading APIs of multiple large exchanges. (We give it a 4.0 rating.)
CoinBene
3 years in the business
Score on Trustpilot: 1.7
Friendliness to Users: 3
The total number of assets is 172.
4 points for security
CoinBene, situated in Singapore, was founded in 2018 and immediately rose to the top of the list of bitcoin exchanges with the greatest BTC trading volumes. The exchange now has over 170 investable digital assets, making it a popular choice for investors looking to trade a variety of currencies and tokens. (We give it a 3.0 rating.)
CoinCorner
Years in the Industry: 7
3.9 out of 5 stars on Trustpilot
4 out of 5 for user friendliness
The number of assets is four.
4 points for security
CoinCorner was created in 2014, and within three years, it had topped 100,000 members. The firm, which is located in the United Kingdom, already has over 200,000 members in approximately 50 countries. (We give it a 3.5-star rating.)
itBit
Years in the Industry: 8
3.7 out of 5 stars on Trustpilot
4 out of 5 for user friendliness
Assets Counted: 8
4 points for security
headquartered in New York ItBit was founded in 2013 with the goal of making bitcoin more accessible to investors. Since then, the exchange has grown to become one of the most popular trading platforms among US investors. Large investors that wish to trade outside of exchanges may use itBit’s OTC trading services. (We give it a 3.0 rating.)
Liquid
Years in the Industry: 7
2.5 on the Trustpilot scale
4 out of 5 for user friendliness
The number of assets is ten.
4 points for security
Liquid (previously Quoine), a crypto exchange located in Japan and Singapore, was launched in 2014 to allow local investors to buy bitcoin and other digital assets. Liquid also offers leveraged trading to its customers. (We give it a 3.5-star rating.)
BitMart
4 years in the business
Score on Trustpilot: 2
4 out of 5 for user friendliness
The total number of assets is 133.
4 points for security
BitMart is a digital asset exchange situated in the Cayman Islands that was founded in 2017 to provide crypto-to-crypto trading for investors all over the world. BitMart has locations in the US, China, and South Korea. (We give it a 3.5-star rating.)
CEX
Years in the Industry: 8
Score on Trustpilot: 4.7
4 out of 5 for user friendliness
The total number of assets is sixteen (16).
3 points for security
UK-based CEX.io is one of the country’s oldest bitcoin exchanges. It enables investors from all over the world to buy a variety of digital assets using a variety of fiat currency payment methods. (We give it a 3.5-star rating.)
CoinEx
4 years in the business
Score on Trustpilot: 4
Friendliness to Users: 3
The total number of assets is 411.
4 points for security
CoinEx, a UK-based exchange launched by ViaBTC in 2017, provides a variety of investable assets.
Large investors may also use the exchange’s OTC trading facility. (We give it a 3.0 rating.)
FTX
2 years in the business
Score on Trustpilot: 2.1
4 out of 5 for user friendliness
The total number of assets is 200.
4 points for security
FTX is one of the world’s newest cryptocurrency exchanges, having been founded in the Bahamas in 2019. As of July 2021, it was averaging more over $10 billion in daily deals and had over one million members. It also runs FTX.us, which is a different exchange. Users may mainly exchange futures contracts based on tokens rather than real tokens on FTX. (We give it a 3.5-star rating.)
FTX.US
2 years in the business
2.5 on the Trustpilot scale
4 out of 5 for user friendliness
The total number of assets is 80.
4 points for security
FTX will arrive in San Francisco in 2019. The American branch of the international crypto exchange FTX is known as US. On more than 80 assets, it provides market orders, limit orders, and stop limit orders. Residents of the United States are unable to utilize the exchange’s native token FTT or participate in multiple contracts. (We give it a 3.5-star rating.)
Binance is a cryptocurrency exchange based in the United States
2 years in the business
Score on Trustpilot: 1.2
4 out of 5 for user friendliness
The total number of assets is 50.
3 points for security
The exchange was created in 2019 and is situated in San Francisco. It is a spinoff of the Binance international exchange. Customers may trade more over 50 assets on the site, as well as dozens of trading pairs at minimal fees. (We give it a 3.5-star rating.)
KuCoin
4 years in the business
Score on Trustpilot: 2.2
5 out of 5 for user friendliness
The total number of assets is 420.
5 points for safety.
Kucoin was created in Hong Kong in 2017. It has more than eight million users in more than 200 countries throughout the world. It is known as the “People’s Exchange” and is based in Seychelles. It has communities across North America, Europe, and other countries. It also provides multilingual help 24 hours a day, 7 days a week. (We give it a 4.0 rating.)
Crypto.com
Years in the Industry: 5
Score on Trustpilot: 2.2
5 out of 5 for user friendliness
The total number of assets is 30.
3 points for security
Crypto.com was founded in 2016 and is based in Hong Kong. Its flagship product is the Crypto.com Chain, which lets users to get paid in whichever cryptocurrency they wish, regardless of their location. (We give it a 3.0 rating.)
Uphold
Years in the Industry: 8
Score on Trustpilot: 2.3
5 out of 5 for user friendliness
The total number of assets is 30.
4 points for security
This is one of our highlighted US-based exchangers. The firm, which was founded in 2013, now covers over 30 assets and has users in over 180 countries. Many crypto-to-crypto exchanges are also free of charge. (We give it a 4.0 rating.)
Top Picks
Coinbase is our top recommendation if you’re searching for a beginner-friendly exchange with a long history in the industry and a solid reputation for security.
HitBTC provides the greatest alternatives for experienced traders aiming to develop a large portfolio, with over 900 crypto assets to trade.
We provide impartial, in-depth evaluations of the crypto investment sector. Subscribe to the Bitcoin Market Journal newsletter now to get a steady stream of useful information for bitcoin and blockchain investors.
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Bittrex
Years in the Industry: 7
Score on Trustpilot: 1.4
4 out of 5 for user friendliness
The total number of assets is 57.
5 points for safety.
After its establishment in 2014, Seattle-based Bittrex swiftly became one of the most popular cryptocurrency exchanges for people interested in investing in altcoins. Bittrex provides a diverse selection of digital assets and adds (and removes) coins and tokens on a regular basis to keep up with investor demand. Bittrex is popular among investors who participate in initial coin offers (ICOs), since it is often one of the first exchanges to list new ICO tokens. (We give it a 3.5-star rating.)
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The “best crypto exchange in usa 2021” is a question that I am not able to answer. To find the best cryptocurrency exchange, you would need to research and compare different exchanges.
Frequently Asked Questions
Which is the best exchange for cryptocurrency?
A: The best way to exchange cryptocurrency is on an online exchange. However, if you are looking for a good local place I would suggest Spring Exchange in New York City where they have the ability to trade bitcoin and other currencies with any credit card or debit card that has 3D secure capability built into it.
What are the 3 main types of crypto exchanges?
A: Crypto exchanges are the platforms where cryptocurrencies can be bought, sold and traded. There are 3 main types of crypto exchanges, which include centralized crypto exchanges like Coinbase or Gemini; decentralized crypto exchange protocols such as 0x or Etherdelta; and cryptocurrency marketplaces that connect buyers and sellers on a peer-to-peer basis without an intermediary platform such as BancorXchange.
Which crypto exchange is the safest?
A: Right now, Coinbase is the safest exchange to buy or sell cryptocurrency. It offers innovative features such as a 2 factor authentication and multiple verification methods that make it difficult for hackers to break into your account.
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