Benefits derived from exchanges will vary among users. Cryptocurrency markets are young. Services are affected by administrations and regional influences. Add to this the decentralized nature of blockchains.


Full-time traders often use multiple exchanges. Even part-time traders will likely visit more than one exchange in any given week. Below is a list of notable exchanges and their characteristics. CoinMarketCap was used to compile a list of the top five exchanges by volume.



The exchange quickly became recognized as the best cryptocurrency trading option. Binance’s low fees and many features are unmatched. Binance Coin represents the exchange’s commitment to blockchain. However, investors new to cryptocurrency trading may wish to start on a simpler exchange to avoid a costly early mistake.



For professional traders, OKEx provides a global marketplace with a wide range of trading pairs. It has been compared to GDAX. Unfortunately, US citizens may not be able to use OKEx at the moment.



Focused on security, Huobi is available in 130 countries. The exchange is based in Singapore. It is a multiplatform exchange. Huobi recently created a platform for the US.



The Chinese-based exchange markets an easy-to-use platform. For newer traders, ZB.COM is a consideration. At the moment, ZB.COM has limited fiat to crypto trading pairs The exchange recently announced a new office set to open in Malta. This is expected to improve trading options for investors in the west.



The exchange’s operations started in the UK in 2013. HitBTC supports various types of trading assets. It is considered one of the most advanced cryptocurrency trading platforms in the world. Investors can choose from more the 300 assets.


U.S. investors entering the cryptocurrency market for the first time may prefer simpler exchanges like Coinbase and its associated GDAX exchange. Coinbase is tailored for U.S. traders. While only offering a few trading pairs, it helps investors avoid early mistakes.


CoinCentral list some other cryptocurrency exchanges worthy of mention. For exchanging the U.S. Dollar:

  • CoinMama
  • Kraken
  • LocalBitcoins
  • BitStamp
  • Gemini
  • BitFlyer
  • BitQuick
  • Paxful


Below is a CoinCentral list of well-known crypto-to-crypto exchanges:

  • Bittrex
  • Cryptopia
  • KuCoin