BINANCE. A relatively young exchange headquartered in Hong Kong and founded in 2017. One of the reasons for the popularity of Binance among users is the low deposit and withdrawal fees. The exchange trades between pairs of cryptocurrencies.
BITFINEX. The exchange, opened in 2012, supports English and Chinese. Distinguished by a large selection of cryptocurrency pairs. It is possible to trade through mobile applications.
KRAKEN. A large online exchange headquartered in San Francisco. The platform supports two languages: Japanese and English, moreover, the interface of this exchange is not the simplest. Nevertheless, traders actively use it. You can trade fiat and cryptocurrencies.
POLONIEX. The most famous and largest cryptocurrency exchange in the world, which began its activities in 2014. The site supports only the English language, the interface is simple, it is not difficult to understand it. The site has a small commission for transactions – from 0.1%. This exchange does not work with fiat currencies.
EXMO. An exchange opened in 2013. There are 17 trading pairs, and it is possible to trade both cryptocurrencies and fiat money.

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1. Binance
   It is the absolute leader both in its rating (9.9 out of 10) and in transaction volume ($16.6 billion a day). At the moment of writing, 392 coins were traded on the exchange, though the website says that Binance supports more than 600 cryptocurrencies. The crypto exchange also works with 46 fiat currencies.

Trading fees
Starts at 0.1% – decreases when trading volume is high. You can also make this number lower if you pay commissions in BNB – the site’s internal cryptocurrency.

2. FTX
   A young – founded only in 2019 – and rapidly gaining popularity crypto exchange. Its rating is 8.4. The exchange trades $2.8 billion worth of cryptocurrencies daily. There are 325 coins and 10 fiat currencies available to users on FTX.

Trading commissions
Those who place orders for crypto on this platform – they are called makers – will pay a commission of 0.02% (and lower, as trading volume increases). The commission for those who respond to offers to buy or sell cryptocurrency, takers – from 0.07%.

Commission for withdrawal
You will have to pay 25 dollars or 32 euros for withdrawing money to your account. But if you withdraw more than $5000, there will be no commission.

3. Coinbase
One of the first crypto platforms, Coinbase exchange was founded back in 2012. It is still in the top with a rating of 8.2. But gradually the site is losing popularity. Daily trading volume there is already less than on the new exchange FTX – $2.2 billion. Coinbase also loses by the number of traded coins – there are only 175.
Fiat currencies are only three – euros, dollars and pounds sterling.

Trading fees
Huge commissions compared with competitors. Both makers and takers can pay from 1.99% for a transaction – provided that the transaction amount is more than $200. When trading lower amounts, the commission will be fixed and can go up to 15%.

4. Kraken .
   This exchange, as well as Coinbase, has been in the market since 2011. It continues to hold the top positions with rating 7.8 from CoinMarketCap. However, in comparison with other leaders, the turnover on this site looks quite modest – $800 million a day. There are 170 coins and seven fiat currencies traded on the exchange.

Among the advantages of the site American Forbes also notes its reliability: Kraken consistently receives high marks in cybersecurity ratings.

5. KuCoin .
   This exchange will be interesting for those who hunt for rare cryptocurrencies: 700 different coins are traded here! The site also supports 48 fiat currencies. The exchange with a rating of 7.5 has a daily turnover comparable to FTX and Coinbase – $2 billion.

Trading fees
In addition to the variety of coins, KuCoin also attracts low commissions: 0.1% for both makers and takers. And this amount can be reduced by another 20% by paying the commission with internal cryptocurrency site – KCS.

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According to the trading volume (in bitcoins).
The volume is an indicator of the popularity and influence of the exchange, as well as – indirectly – the number of players who trust it. The rating of cryptocurrency exchanges by daily volume looks like this:

BINANCE. In less than a year, the exchange has moved into the top 5 in terms of trading volume – 270,124.
HITBTC. British cryptocurrency exchange, launched in 2015. Characterized by high security and low commissions. The volume is 240,473.
LIVECOIN. Exchange with a user-friendly interface. Known for its high security standards. Volume – 6700.
YOBIT. A popular exchange with a large choice of additional options and a huge number of currency pairs. Here you can trade even the rarest cryptocurrencies. Volume – 3070.
EXMO. Among the presented exchanges has the smallest trading volume – 2370.

In terms of reliability .
Because exchanges deal with finances, security is very important. Moreover, no one can guarantee absolute safety. But some exchanges have a serious multi-level security system, so it is difficult – almost impossible – to crack an account on them. The most reliable exchangers include:

BINANCE.
EXMO. According to experts, this exchange has very high requirements for transaction security.
YOBIT.
HITBTC.

In terms of convenience for beginners .
If you are a novice trader, look for a cryptocurrency exchange with a simple and clear interface and loyal trading conditions. These requirements meet:

BINANCE.
BITFLIP.CC.
HITBTC.
YOBIT.
EXMO.

According to traders’ reviews.
No matter what the official ratings are, but professional traders always have “favorites”. This is how the list of cryptocurrency exchanges that received the most flattering reviews from users themselves looks like:

BINANCE.
HITBTC.
BITFLIP.CC.
YOBIT.
EXMO.

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1. BINANCE
   The leading crypto exchange at the moment. Binance includes not only a lot of features and possibilities, but also its own ecosystem. The exchange’s mission is to build a strong infrastructure for the blockchain ecosystem.
2. OKX
   One of the leading crypto exchanges. It operates in more than 100 countries. The exchange is constantly being updated and improved. The OKX team set out to break financial barriers and take the market to the next level.
3. HUOBI
   One of the largest crypto exchanges by trading turnover. A rapidly growing exchange, with many modern features. Works with many regions around the world.
4. KRAKEN
   One of the first crypto exchanges that appeared, still has not lost its authority. Most of all it is focused on the USA, Canada and Europe. The company develops steadily and consistently, strengthening the security of transactions and storage of assets within its system.
5. KUCOIN .
   Quite a popular cryptocurrency exchange registered in the Seychelles. The open management team and 5 years of smooth operation maintain the trust of users to the platform. The exchange is actively developing and making more and more modern instruments available for use.
6. EXMO
   One of the popular actively developing platforms. Partially focused on Eastern Europe, so the exchange supports RUB, UAN and some other neighboring currencies.
7. FTX
   New rapidly developing crypto exchange. Pleases users with such low commissions that they can be considered zero. User-friendly interface, high-quality localization. A wide set of tools for trading and analytics.
8. MEXC .
   It is also a relatively young service. Takes first place by the number of cryptocurrencies among similar sites of the first level. Known as one of the crypto exchanges with the highest performance.
9. GATE
   One of the oldest and best-known cryptocurrency exchanges. Originally appeared in China and was called Bter, but was later bought by an American company and got its current name.
10. CRYPTO
    Not only a crypto exchange, but also a small ecosystem. Includes both an exchange, NFT-marketplace, plastic card issuance and much more. Quite young, but already a perfectly developed service.
11. BYBIT. Another young exchange that is growing extremely fast. BYBIT constantly arranges promotions for new users. Also, contests are often held for all users.

12. COINBASE .
    A popular service, which has been working for a decent amount of time. It is rightfully considered reliable and safe, but with a relatively small stock of tools. Therefore, this exchange is not so popular, but still deserves attention.

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