Top 10 Best Crypto Exchanges in 2025: User Guide
I’ll be honest, finding the right crypto exchange for your ideal needs in 2025, can be quite the task.
I could tell you all about it, because I’ve been on that road.
Essentially, you want an exchange with low fees, a wide range of altcoin selection and robust security.
But, I’ve got some good news.
After analyzing and using multiple crypto exchanges, these are the top 10 exchanges that will meet your exclusive needs for both newbie and seasoned traders.
Whether you’re looking for an exchange with low fees or one with a huge variety of altcoins, this guide got you covered.
What Makes a Great Crypto Exchange in 2025?
However, before we get to the rankings, it’s important to know what to look for when choosing your ideal cryptocurrency exchange.
The Best crypto exchange delivers on these four factors:
Low Trading Fees: If you’re not looking to break the bank, when trading cryptocurrency, then trading fees is something you want consider. The top crypto exchanges offer maker and taker fees below 0.1%, and also have additional discounts exclusive for high-volume traders.
Extensive Altcoin Selection: Most crypto traders are always hunting for hidden gems where the real action happens. Hence you need to consider an exchange that provides a wide selection of these altcoins.
Robust Security- The crypto space is more prone to scams and identity thefts. Hence you want an exchange that’s big on 2-factor authentication, insurance of funds and cold storage. It’s the least you can do to ensure safety of your crypto assets.
Simplicity– Despite your level of experience as a crypto trader, the interface of your crypto dashboard should ensure simplicity. The best exchanges are good at balancing advanced features with an intuitive design.
The Top 10 Best Crypto Exchanges in 2025
1. Binance
Its 2025, and Binance remains the biggest crypto exchange in the world, and it’s for a good reason. Binance lists over 400 cryptocurrencies with a massive trading volume making it the ultimate crypto exchange platform for traders.
Top 10 crypto exchanges
Why Binance leads:
· Incredibly low fees: The standard trading fees at Binance stand at 0.1% and when you hold some BNB you can reduce these to up to 0.075%.
· Wide range of Altcoins: With over 400 cryptocurrencies listed, it makes Binance the ideal choice for traders constantly on the search for up and coming altcoins.
· Advanced trading features: On Binance, traders have access to spot, futures, options, staking and also the NFT marketplace.
· A Global reach: While Binance is restricted in some countries, the platform is available in most countries. People based in the US use the Binance.US platform
Binance is best for: Traders looking for a one-stop shop for everything crypto and low trading fees. Most Futures traders and copy traders also have a preference for Binance.
Start Binance Trading with a 20% off in fees>>
2. MEXC Global
While Binance may have a big altcoin selection, MEXC has made this factor its own unique niche for altcoin enthusiasts. It has over 2700 cryptocurrencies listed and over 3,000 trading pairs.
On MEXC, it’s where you’ll find the latest and upcoming crypto tokens before they’re listed on other main exchanges.
What makes MEXC unique:
· Extensive altcoin selection: It’s one thing to have 400+ cryptocurrencies, but over 2700+ crypto tokens is beast mode. And this is where MEXC has excelled at.
· Zero maker fees: On MEXC, traders get exclusive free trading for makers in the spot and futures markets.
· Not heavy on KYC– If you prefer to trade anonymously, MEXC gives you that privilege and you can start your trading journey with just an email.
· Impressive early access: If you’re one to hunt for those hidden gems, then MEXC is perfect to get early access on new crypto assets and tokens.
MEXC is committed to listing new projects as soon as possible making it an invaluable exchange for traders looking for the next big thing.
At the same time, this may mean one being prone to more risks as most new tokens tend to be more volatile.
MEXC is best for: Altcoin traders and traders looking for privacy in their trading endeavors.
Get started with MEXC here and access a 50% lifetime discount>>
Start MEXC trading with a 50% discount in fees>>
3. KuCoin
KuCoin is well-known for its unique balance between user-friendliness and extensive features. Known as the “The People’s Exchange”, it provides very professional-grade tools with simplicity.
KuCoin’s Benefits:
· Very competitive fees: With its fees starting at 0.1% for makers and takers, it’s a solid choice for high volume traders.
· 700+ Altcoins: It lists a strong selection of both established and emerging crypto assets
· Trading bots: If you’re a trader looking for automated trading strategies for passive income, then KuCoin is ideal for you
· Tight security: It comes with an advanced encryption and cold storage protection to add an extra layer towards security.
With KuCoin’s trading bot, it makes it, its most popular feature.
Beginners get to easily set up dollar-cost averaging and grid trading strategies. KuCoin also provides exceptional customer support as the chat feature is always available 24/7.
KuCoin is best for: Intermediate traders looking for advanced features and with a user-friendly interface.
Start Kucoin trading with a 20% off in trading fees>>
4. ByBit
ByBit started off as a derivatives trading platform, and it eventually evolved into a fully-functioning exchange with advanced spot trading capabilities.
The exchange is impeccable at serving both retail and institutional-based crypto traders.
ByBit Unique Features:
· Professional trading tools: Bybit offers advanced charting, risk management features, and multiple order types to its traders
· Copy trading: For beginners who don’t have much experience, they can copy advanced successful traders on ByBit.
· Low fees: For any VIP users on ByBit, they get access to a 0.005% in trading fees.
· Institutional-based: It comes with features that appeal institutions and professional traders.
On ByBit, the copy trading feature is its most outstanding element, and especially for beginners who intend to learn and also earn in that process.
ByBit is best for: Crypto traders interested in derivatives and Beginners looking for copy trading features.
5. OKX
OKX comes with cutting-edge features that offer time-tested reliability. The crypto exchange continues to innovate and maintain a very strong security track record.
OKX’s Top Features:
· 350+ cryptocurrencies: OKX lists over 350+ crypto assets and tokens that include promising altcoins
· Advanced derivatives: OKX comes with comprehensive options, futures and perpetual contracts features.
· DEX Integration: It has access to decentralized trading while still operating at a centralized exchange platform
· Low fees: It offer low trading fees to high volume traders
With the integration of decentralized features, it offers a hybrid approach giving traders the best of both worlds in terms of security and access to DEX-only tokens.
OKX is best for: Advanced traders looking for Innovative and diverse trading strategies.
6. Bitget
Bitget prides itself as the №1 social trading crypto exchange that ensures beginner traders easily copy from successful traders.
Bitget’s Unique Features:
· Social trading: It comes with extensive copy trading features and transparent trader stats.
· Growing Altcoin selection: It has an expanding roster of crypto assets with a sole focus on trending tokens
· Competitive fees: It has pretty low fees and offers additional discounts for platform token holders.
· Easy to use interface: Has a super-friendly interface incorporating social features
Bitget’s major feature lies in the social trading ecosystem. With the trader profiles, risk scores, and performance metrics one gets to make an informed decision on the ideal trader to copy from.
Bitget is best for: Social traders and beginners who intend to learn from advanced traders
7. Gate.io
Gate.io has existed for quite a while since 2013, making it one for the oldest exchanges that’s still in operation. This aspect of longevity contributes to its adaptability and reliability factors.
Gate.io Advantages:
· Extensive history: With over a decade in operation, its boots its trust scores.
· Diverse services: Gate.io offers spot trading, lending, futures and staking all in one place
· Robust security: It comes with multiple security layers that have insurance fund protection.
· Constant Innovation: Gate.io continues to add new features and trading pairs
With the Gate.io’s long history, traders have more trust and confidence when trading on the exchange.
Gate.io is best for: Crypto traders looking for long-term stability.
8. Coinbase
If you’re a crypto trader looking for regulatory compliance and massive institutional backing, Coinbase is the ultimate option. Coinbase is mostly used by US-based crypto traders.
Coinbase Regulatory Advantages:
· Full Regulatory Compliance: Coinbase is licensed and regulated in many jurisdictions
· Insurance protection: Coinbase has an FDIC insurance catering for USD balances
· Institutional Trust: Coinbase is used by major corporations and institutions for crypto holding and trading
· User-friedly: It has a super-friendly interface ideal for beginners
Coinbase trading fees are significantly higher, but its regulatory compliance and insurance protection make the platform worth it.
Coinbase is best for: Conservative traders and institutions who prioritize regulatory compliance.
9. Kraken
Kraken is well-known for being unhackable. Kraken has never been successfully breached for as long as it has existed, hence making it a fan-favorite especially among security-conscious traders.
Kraken’s security features:
· Strong security record: There haven’t been any hacks on Kraken since its operation.
· Comprehensive Insurance: It has an insurance that protects its users against any type of losses
· Advanced order types: It comes with professional trading features specifically designed for institutions.
· Regulatory compliance: Kraken is licensed in many jurisdictions and its operations are transparent.
With Kraken Pro, traders get very competitive fees for high volume traders, making it an ideal exchange for serious investors who prioritize security.
Kraken is best for: Institutions and security-focused traders looking for bulletproof protection.
10. HTX
HTX offers a global presence with a particular strength in Asian trading pairs and up and coming cryptocurrencies.
HTX’s Global Reach:
· A big international presence: HTX is strong in Asian markets and offers global accessibility.
· Diverse trading pairs: It lists unique altcoins not available in western exchanges
· Competitive derivatives: It delivers a strong futures and options trading platform
· Long History: It is an established platform with a successful proven track record
This exchange is the ultimate platform to provide access to crypto assets that are popular in certain regions making it crucial for diversified portfolios.
HTX is best for: International traders looking for region-specific altcoins
Conclusion:
When choosing your ideal cryptocurrency exchange, you need to consider different factors.
For the lowest fees and altcoin selection and Futures trading, go with Binance, MEXC, and KuCoin. For regulatory compliance and security Coinbase and Kraken should be your best options
And for derivatives trading consider ByBit and OKX for the best experience and outcomes
You’re free to experiment and find one exchange that suits you the best.
However, many successful traders often use multiple platforms to have access to each platform’s strengths.
The crypto space is always evolving, and exchanges are always changing their offerings.
Make sure you stay informed in regards to changes in trading fees, new listings and security features.
Remember to never invest more that you’re willing to lose.
All the best.
Disclaimer: This article is meant for educational purposes only and should not be construed as an investment advice.
Affiliate Disclosure: This article may contain referral links. If you use them, I may receive a commission at no extra cost to you. I only recommend resources I personally use.
Top 10 Best Crypto Exchanges in 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.