Review of 30+ cryptocurrency exchanges ( Updated 2022 )


Overview of popular cryptocurrency exchanges, their advantages and disadvantages:

Binance exchange

Binance is the most famous international exchange. It began its activities in 2017 and by the end of the year was in the top list of the largest trading platforms in terms of trading volume. Legally registered in Hong Kong, the company moved to Malta in 2018. It tried not to disclose its location, but in 2021 Changpjun Zhao (CEO) said that it would still open a headquarters to make it easier to deal with regulators.

Binance allows trading in cryptocurrency pairs, of which there are 1,283 as of today. It accepts fiat, you can pay with a bank card, but verification is required. Since 26.06.2019 margin trading is available. The listing includes 336 coins and tokens: Bitcoin, Ethereum, Litecoin, Stellar, Nem, IOTA, Cardano and other promising cryptocurrencies. Commission – up to 0,1% of the transaction volume (the commission is reduced to 0,015% when buying BNB-token or increasing the trading volume). Without verification you can’t deposit to your account, and you can withdraw no more than 0.06 BTC per day. Binance is a reliable crypto exchange for cryptocurrency trading.

  1. Type of exchange: centralized.
  2. Website: binance.com.
  3. Markets: spot, derivatives, p2p, DeFi.
  4. Verification: required.
  5. Language: English, Ukrainian and other languages.
  6. Commission spot (taker/maker): up to 0,1 %.
  7. Fiat payment methods: Visa/Mastercard, Advcash, Payeer.

Pros:

  • High liquidity.
  • A large number of trading, investment instruments.
  • Supports the most promising cryptocurrencies.
  • Connected fiat gateways.
  • SAFU fund to compensate for losses from hacks.

Minuses

  • Prohibited trading for Belarusian users.

Currency.com exchange

Currency.com (Carrencie) is a regulated exchange that presents the opportunity to trade cryptocurrencies and tokenized assets, including stocks, currencies, commodities and ETFs. The trading fee is 0.06% for major cryptocurrencies, 0.075% for others. The regulator is the National Bank of the Republic of Belarus and HTP. Spot and margin trading with a leverage up to 500x is presented. An obligatory condition for working with the exchange is passing the verification, since Currency is a legal platform. The company undergoes an annual audit.

  1. Exchange type: centralized.
  2. Website: currency.com.
  3. Markets: spot.
  4. Verification: required.
  5. Language: English, Korean, Thai, Vietnamese, Portuguese etc.
  6. Commission spot (taker/maker): from 0,06%.
  7. Fiat payment methods: Visa/Mastercard, bank transfer.

Pros:

  • Quality regulation within the High Tech Park of Belarus.
  • Large selection of trading instruments – cryptocurrencies, tokenized shares, bonds, commodities.
  • Low commissions.
  • Opportunity to deposit from card.
  • Low non-trading risks.
  • Leverage up to 500x.

Disadvantages

  • Small selection of cryptocurrencies, if compared to the leading platforms.

EXMO

EXMO Cryptocurrency Exchange is one of the most popular trading platforms in the CIS countries. It is registered in the UK. It has an extensive client base, which has millions of users. Among the advantages is the implementation of deposit and withdrawal of both cryptocurrencies and fiat currencies through payment systems. You can also replenish your account through EXMO Gift Card codes, which can be purchased from exchangers. After creating an account, the user receives a wallet to store Bitcoin (BTC), EOS, Litecoin (LTC), Dogecoin (DOGE) and other cryptocurrencies, as well as fiat: USD, RUB, EUR, UAH. There are 168 currency pairs and 51 cryptocurrencies available for trading. Verification is required, without it it is impossible to deposit to the account and make any transactions.

  1. Type of exchange: centralized.
  2. Website: exmo.me
  3. Markets: spot.
  4. Verification: required.
  5. Language: English, Ukrainian, Turkish, Italian, Polish, etc.
  6. Commission spot (taker/maker): from -0,05%.
  7. Fiat payment methods: bank cards Visa/Mastercard, bank transfer, AdvCash, Qiwi, Payeer.

Pros:

  • Support for popular currencies and payment methods in CIS countries.
  • Possibility to get cashback with EXM token.
  • Careful regulation by the UK.
  • The possibility of replenishment from cards and e-wallets.
  • The convenient trading interface.

Minuses

  1. A small selection of trading tools and functions.
  2. The basic commissions are higher than those of competitors by 2-3 times.

OKEx Exchange

OKEx is one of the top exchanges by trading volume. It was formed from OKCoin, but is more focused on the simplicity of the interface, so it is quite suitable for beginners. Provides a large trading functionality – many order types, work with futures, fiat support, leverage up to 125x.

There are a significant number of account security measures – from two-factor authentication to anti-phishing code application. Own OKB token to save on commissions.

  1. Exchange type: centralized.
  2. Website: okex.com
  3. Markets: spot, derivatives, p2p.
  4. Verification: optional.
  5. Language: English, Spanish, French etc.
  6. Spot commission (taker/maker): from -0,015%.
  7. Fiat payment methods: quick purchase from the card is possible.

Pros:

  • High liquidity.
  • Ability to minimize commissions by getting a VIP-level.
  • Rich trading functionality.
  • Passive earning possibilities.
  • p2p-exchange.
  • Promotions and bonuses.

Minuses

  • You can’t make a deposit in fiat, but you can buy cryptocurrency from your card.

Bybit exchange

Bybit Exchange provides the ability to trade cryptocurrencies and derivatives. It gives welcome bonuses to start trading. One of the features – it is possible to use the site without account verification. There are a lot of training materials for beginners and a demo account.

The commissions at Bybit Crypto Exchange are lower than the average market level, there is an insurance fund to protect users’ savings in case of a hacker attack. A lot of attention is paid to comprehensive security – from risk hedging to preventing manipulation by the double price mechanism.

  1. Type of exchange: centralized.
  2. Website: bybit.com
  3. Markets: derivatives, spot
  4. Verification: not necessary.
  5. Language: English, Japanese, Korean, Brazilian, etc.
  6. Commission (taker/maker): from -0,025%.
  7. Fiat payment methods: quick purchase from the card is possible.

Pros:

  • One of the most popular and liquid derivatives exchanges.
  • Functionality for spot trading is also launched.
  • No verification required.
  • Low commissions.
  • User-friendly interface.
  • Welcome bonuses.
  • Mobile application.

Minuses

  • Support for a small number of contracts for trading.

Kucoin Exchange

Kucoin Exchange is a popular Hong Kong cryptocurrency exchange. It has several million registered users. It is in the top 100 in terms of trading volume. On 06.11.2021, the daily turnover is $3.2 billion, although only two years ago it was no more than 5 million. More than 980 markets are represented. The site has a -language version. Registration on the crypto exchange without restrictions, verification is not required. The daily withdrawal limit is 2 BTC. Deposit of cryptocurrencies is carried out without commission, withdrawal – depends on the coin, for example, when withdrawing Bitcoin the fee will be 0,0005 BTC. The crypto exchange accepts deposits via bank cards. There is its own token – KCS. The trading platform is available as a web interface and mobile application.

  1. Type of exchange: centralized.
  2. Website: kucoin.com
  3. Markets: spot, derivatives, p2p, leveraged tokens.
  4. Verification: not required.
  5. Language: English, Portuguese, Spanish, Italian, etc.
  6. Fiat payment methods: bank cards.
  7. Commission (Maker/Taker): from -0,05% / from 0,02%.
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Pros

  • Large selection of coins and trading functions.
  • Easy registration and account management.
  • Getting benefits with KCS token.
  • Lending cryptocurrencies and other types of earnings.
  • Frequent tournaments and contests.

Bitmex exchange

Bitmex – exchange for margin trading cryptocurrency (derivatives) in . Transactions are opened long (buy) and short (sell). The maximum leverage is 1:100. It is important to consider all the risks of margin trading: leverage allows you to earn more, but the risks increase as well. The platform has been operating since 2014, the daily trading volume as of 08.11.2021 – more than $1.88 billion. For beginners and those who want to learn and understand more about how to trade on Bitmex crypto exchange, there is a test version of testnet. It simulates the work in demo mode. The Bitmex crypto exchange website has a lot of background information, with which it is recommended to start getting acquainted.

  1. Exchange type: centralized.
  2. Website: bitmex.com
  3. Markets: derivatives
  4. Verification: required.
  5. Language: English, Japanese, Chinese, Vietnamese etc.
  6. Spot commission (taker/maker): from -0.025%.

Pros:

  • High liquidity.
  • Sophisticated functionality for trading contracts.
  • Long service life and excellent reputation.
  • Regular auditing of all accounts and transactions for security purposes.

Cons:

  • Fiat is not supported.
  • Obligatory verification.
  • The interface is difficult for beginners.

FTX Exchange

FTX platform for trading cryptocurrency derivatives and spot, including support for USDT futures. Allows you to trade with leverage. Among other things, on FTX the user has the ability to open a short or long position with leverage without collateral. The platform also allows trading in tokenized stocks. The FTT token gives a discount on commissions and is available for use as collateral on the exchange.

  1. Type of exchange: centralized.
  2. Website: ftx.com
  3. Markets: spot, derivatives
  4. Verification: mandatory.
  5. Language: English, Spanish, French, German etc.
  6. Spot commission (taker/maker): from 0% / 0,04%.

Pros:

  • Extensive functionality for trading.
  • Active development and addition of new features.
  • Low commissions.
  • Support for tokenized shares.

Cons:

  • Not available in all countries.
  • Obligatory verification.

Cryptolocator exchange

Cryptolocator is a p2p-platform where users can exchange fiat to cryptocurrency or vice versa. It works with almost all world currencies, and of digital assets – with Bitcoin, Tether and Ethereum. If you want, you can exchange BTC and ETH in your personal cabinet to USDT and keep your funds in a stable coin, less exposed to the volatility of the cryptocurrency market.

Cryptolocator operates fully legally – there is a European (Estonian) license to provide services for the exchange and storage of virtual currencies. It means that in the nearest future the crypto exchange will develop freely in Europe.

  1. Website: Cryptolocator.com
  2. Markets: p2p
  3. Verification: not necessary if you withdraw not more than 10 000 EUR.
  4. Language: English, French, Thai, etc.
  5. Commission: from 0%.

Pros:

  • Simple interface, easy to learn for beginners.
  • Full Russification.
  • Safe exchange, the availability of a license for the service.
  • Non-obligatory verification, and if passed – simple and fast.
  • The ability to exchange cryptocurrencies to USDT in the personal cabinet.

Minuses

  • A small selection of available currencies.

Crex24 exchange

Cryptocurrency exchange Crex24. Officially registered in Estonia in 2017. Adds a lot of little-known altcoins (most are shytcoins). Trading turnover is $5.3 million (4.11.2021). Top cryptocurrencies available include Bitcoin, Waves, 0x, Ethereum, Augur, Dogecoin, Litecoin, Ethereum Classic, Verge, NEM, Zcash, Dash and others. The main advantage of Crex24 Crypto Exchange is the deposit or withdrawal of traditional currencies (such as US dollar, ruble, euro). At the moment of writing, payment systems are available: Perfect Money and MoneyGo, the list is sometimes corrected. It is not necessary to confirm identity, but it may be required for fiat deposits. In addition to trading, the exchange site offers a free cryptocurrency crane and investment program.

  1. Type of exchange: centralized.
  2. Website: crex24.com
  3. Markets: spot.
  4. Verification: not required.
  5. Language: English, Italian, Ukrainian, German, etc.
  6. Commission spot (taker/maker): from 0,06% to 0,1%.

Pros:

  • Many supported coins.
  • Fiat payment methods.
  • Verification is not required.
  • There is a cryptocurrency for earnings.
  • Trading competitions.
  • Investment plans for passive income.

Minuses

  • Among the supported assets, there are quite a few shytcoins that are not worthy of attention.
  • Only limit orders are available.

Payeer Exchange

Payeer is an international payment system. In 2018, it launched a crypto exchange with a  interface and the ability to work with fiat through popular payment systems: Visa/Mastercard, Maestro, Mir, Webmoney, Kiwi, Yandex, Advakesh, Perfect Money and others. The daily trading volume is 5-6 BTC. Listed cryptocurrencies are Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Tether, XRP, Dogecoin. The largest volume of trading cryptocurrency pairs with Bitcoin. Commissions for taker and maker – 0.095%. In addition to fiat accounts (USD, RUB, EUR), the service has cryptocurrency accounts (BTC, BCH, ETH, LTC, DASH, XRP, DOGE).

  1. Type of exchange: centralized.
  2. Website: payeer.com/en/trade/
  3. Markets: spot.
  4. Verification: not required.
  5. Language: English, Spanish, French, Chinese.
  6. Commission spot (taker/maker): 0.095%.

Pros:

  • Uncomplicated trading interface.
  • Many modes of funds depositing and withdrawing.
  • Full russification and chat.
  • Absence of obligatory personal confirmation.

Cons:

  • A minimal number of functions.
  • A small selection of currencies – only those that are supported by the wallet.

CEX.IO Exchange

CEX.io Exchange – opened in 2013, legally registered in the UK. Initially it provided a cloud mining service and owned the largest pool. In 2015, the company switched to providing cryptocurrency trading services. The listing includes virtual coins: Bitcoin Cash, Bitcoin, Bitcoin Gold, Ethereum, Stellar lumens, Ripple, Zcash, etc. You can choose to display the exchange site in . Fiat payment systems: Visa/Mastercard, Advcash, bank transfers, Epay, Skrill. There is an opportunity to trade with a leverage.

  1. Exchange type: centralized.
  2. Website: cex.io
  3. Markets: Spot.
  4. Verification: required.
  5. Language: English, Turkish, etc.
  6. Spot commission (taker/maker): from 0 % / 0,1 % to 0,16 % / 0,25 %.

Pros:

  • Standard market commissions.
  • -language version of the site.
  • Official British registration.
  • Profitable affiliate program.

Cons:

  • Obligatory confirmation of identity.
  • The limited choice of currencies. However, all popular coins are supported.

Huobi Exchange.

Trading was launched in May 2013. Officially, the company is registered in Singapore. There is an office in Moscow, which was opened in order to promote to Russia (with the support of Vnesheconombank). Cryptocurrency trading is carried out on the site: BCH, BTC, DASH, ETH, LTC, EOS, TRON and others. Over 340 cryptocurrencies and steiblockcoins are represented in total. There is a possibility of margin trading, depositing and withdrawing fiat currency via OTC. The trading commission is 0.2%. Available orders: limit, market, stop-limit.

  • Type of exchange: centralized.
  • Website: huobi.com
  • Markets: spot, futures, OTC.
  • Verification: optional.
  • Language: English, German, Portuguese etc.
  • Spot commission (taker/maker): 0.2%.
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Pros:

  • Wide range of functions for trading and passive earning.
  • Very high liquidity.
  • Decent security level.
  • Convenient mobile app.
  • Blockchain incubator and other useful solutions.

Cons

  • Incomplete interface translation.
  • Some currencies have a high minimum withdrawal limit.

PrimeXBT exchange

A multifunctional platform that, in addition to the usual cryptocurrency trading, allows you to trade indices, forex, commodities and other assets. PrimeXBT allows you to work without verification, but the level of security is very high.

Margin trading with high leverage is available. It is also possible to receive additional income from the 4-level referral program.

  1. Type of exchange: centralized.
  2. Website: primexbt.com
  3. Markets: derivatives.
  4. Verification: optional.
  5. Language: English, Spanish, Turkish, Hindi, etc.
  6. Spot commission (taker/maker): from 0.001%.

Pros:

  • Ability to minimize commissions to almost zero.
  • Purchase of cryptocurrencies from a bank card.
  • Extensive trading functionality, including professional tools.
  • Opportunities for technical analysis.
  • High leverage.
  • Copy-trading.

Disadvantages

  • Help information is not translated into .

Bitzlato exchange

Bitzlato is a p2p cryptocurrency exchange: Bitcoin, Litecoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, etc. Trading officially started in 2018. Until then, the company was known for the telegram-bot “BTC Banker”, which works to this day. Transactions are conducted between users of the exchange. To buy cryptocurrency, you need to select an ad. To do this, specify the type of transaction (buy or sell), fiat currency ( or Belarusian ruble, hryvnia, US dollar, etc.), payment system, cryptocurrency and click “Find”. Then choose the trader with the best conditions and rating. To create a request, you need to specify the amount, currency, click “Start transaction” and pay at the designated time according to the received details. Then confirm the transfer and receive the cryptocurrency.

All financial transactions are protected by escrow, which guarantees security for the buyer and the seller. The exchange provides a cryptocurrency wallet.

  1. Website: bitzlato.bz
  2. Markets: p2p.
  3. Verification: not required.
  4. Language: English, Spanish, Arabic, etc.
  5. Spot commission: from 0%.

Pros:

  • There is only 0.5% commission for the creator of the ad, and no commission for the person who responds.
  • No need for proof of identity.
  • Quite a large selection of coins for p2p-exchange.
  • There is a telegram bot.

Minuses

  • Many ad creators agree to trade only with verified users.

StormGain exchange

A multifunctional trading platform allowing you to trade spot, futures and indices with minimal commissions. A variety of trading signals can be used to increase trading efficiency. The crypto exchange supports a small number of coins, but extensive functionality for exchange and earnings. It is possible to buy cryptocurrency with a bank card.

  1. Type of exchange: centralized.
  2. Website: stormgain.com
  3. Markets: spot, futures.
  4. Verification: not required.
  5. Language: English, French, Polish, Portuguese, etc.
  6. Fiat payment methods: bank card.
  7. Spot commission: no, only 10% of profits from successful trades are paid.

Pros

  • No commissions.
  • No verification.
  • You can buy cryptocurrency from your card.
  • Multiplier up to 300x – one of the largest on the market.
  • User-friendly multilanguage interface.

Disadvantages

  • High deposit limit for some currencies.

MEXC

Crypto exchange, created in China and previously known as MXC. The platform provides the possibility of spot trading, as well as working with derivatives and passive income, including DeFi components. Users have the ability to vote for the tokens they want to see on the platform. There is a VIP status system for active traders, allowing them to trade on more loyal terms.

  1. Exchange type: centralized.
  2. Website: mexc.com
  3. Markets: spot, futures.
  4. Verification: obligatory.
  5. Language: English, Chinese, Spanish etc.
  6. Fiat payment methods: bank card.
  7. Spot commission: 0.2%.

Pros

  • Many functions for asset management.
  • Possibility of Eth 2.0 stacking and other ways of passive income.
  • Getting additional benefits with native MX token.
  • Fast OTC trading.

Disadvantages

  • Not very good translation into .
  • Obligatory confirmation of identity.

p2p exchange LocalBitcoins

Localbitcoins is a bitcoin exchange where exchange transactions occur only between users. You can choose any payment method: Qiwi, Yandex.Money, bank transfer, cards and many others. Lokalbitcoins is very popular with customers from all over the world. The company is registered in Finland and has been operating since 2012. Official website: localbitcoins.net + mirrors in case of blockage. At the bottom of the page you can choose the  language. It is safe to buy and sell Bitcoin, as the exchange acts as a guarantor of online transaction and deposits the required amount of cryptocurrency on its wallet, and after payment confirmation by the seller transfers the bitcoins to the buyer’s wallet. The commission is paid only by the seller, it is equal to 1% of the transaction amount.

To select the seller, simply specify in the form the amount, convenient payment method, country, then a list will appear from which you need to select the trader with the best reputation and conditions. To buy bitcoins you need to click “Buy”, read the terms, enter the amount in the blue box, write a message and send a request. A time period is given for payment, in which you need to have time to pay the request. The transaction can be cancelled at any time.

  1. Web site: localbitcoins
  2. Markets: p2p
  3. Verification: not required.
  4. Language: English, Spanish, French, Italian, etc.
  5. Commission: from 0%.

Pros:

  • Safe exchange through escrow account.
  • Multilingual site.
  • Whoever responds to the ad pays no commission.
  • Virtually unlimited choice of payment methods as well as fiat currencies.
  • Free market, where the terms are set by users themselves.

Minuses

  • In the  Federation, the exchange and its mirrors are often blocked by providers by order of Roskomnadzor, have to use workarounds.
  • The liquidity is lower than on spot exchanges.

BitFinex exchange

Bitfinex is a Hong Kong-based cryptocurrency exchange with a fairly high trading volume. In addition to the usual exchange trading with the client’s own money, the exchange provides an opportunity to take credit from another user (so-called margin trading) and trade in futures. It is possible to replenish the account with fiat (dollar, euro) by a bank transfer, but only after verification. It is complicated by the fact that documents must be translated into English. The listing includes 157 popular cryptocurrencies and 397 currency pairs. The interface of the trading platform is quite functional with a lot of tools and settings, so it takes time to understand. It is possible to change the parameters of the chart display, set several types of orders, etc.

  1. Type of exchange: centralized.
  2. Website: bitfinex.com
  3. Markets: spot, futures.
  4. Verification: required for working with fiat currency and some stabelcoins.
  5. Language: English, Chinese, Spanish.
  6. Fiat payment methods: bank card and transfer.
  7. Spot commission: up to 0.2
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Pros 

  • Wide range of trading instruments.
  • Leverage up to 10x.
  • Opportunity to earn on margin financing.
  • Advanced order types.
  • A function of paper trading (demo account).

Minuses

  • A high minimum deposit amount.
  • Difficulties with verification.

Bitforex Exchange

Cryptocurrency exchange BitForex is a highly liquid exchange with support of several hundreds of currency pairs. It is notable for its high speed, low commissions and quality security. The list of currencies available for trading is constantly expanding and includes rare new tokens.

For the most part, Bitforex is focused on the Chinese audience, although since 2019 it has gradually started to move to foreign markets (Russia, Belarus, Ukraine, etc.). The popularity is mainly based on low commissions and a large selection of assets for trading.

  1. Type of exchange: centralized.
  2. Web-site: bitforex.com.
  3. Markets: Spot, derivatives.
  4. Verification: Not obligatory.
  5. Language: English, Chinese, Korean.
  6. Fiat payment methods: bank cards.
  7. Spot commission: 0.1%.

Pros

  • Commissions are lower than the market average.
  • Spot and open-ended trading.
  • Platform for NFT auctions.
  • Work with DeFi, allowing a passive income.

Cons

  • Low-quality translation.

Exchange Deribit

Deribit crypto exchange is focused on trading cryptocurrency derivatives – futures and options. It provides a leverage of 100x. All transactions are in Bitcoin, withdrawals and deposits are also only in BTC. The exchange is registered in the Netherlands.

One of the factors that causes confidence in Deribit is the presence of people known in the financial and cryptocurrency sphere and having a lot of experience as members of the team. In addition, the platform has low commissions and wide functionality.

  • Type of exchange: centralized.
  • Website: deribit.com
  • Markets: futures, options.
  • Verification: required.
  • Language: English, Chinese, Korean, Japanese, Spanish.
  • Commission (maker/trader): from 0 % / from 0,03 %.

Advantages

  • Futures trading with up to 100x leverage.
  • Options trading with up to 10x leverage.
  • Instant order matching.
  • Open team of the project, which includes well-known personalities in the crypto world.

Disadvantages

  • Fiat is not supported.

Stex Exchange

Cryptocurrency exchange STEX is a platform with a huge number of trading pairs (more than 480). It was founded in 2017 and is registered in Estonia. It supports 4 different interface languages. It is possible to work with fiat, almost all world currencies are available. To start interacting with the exchange you need to verify your account.

Stex has low commissions and minimum trade limits from 0.00000001 BTC. Professional charts to track the market are supported. You can use a regular or extended trading terminal.

  1. Type of exchange: centralized.
  2. Website: stex.com
  3. Markets: Spot.
  4. Verification: obligatory.
  5. Language: English, Ukrainian, Spanish.
  6. Fiat payment methods: bank cards and transfers.
  7. Commission (maker/staker): from 0,1

Pros

  • Convenient and functional trading terminal.
  • Payment for purchases from the card in any fiat currencies.
  •  and Ukrainian interface versions.
  • DeFi-auctions.

disadvantages

  • Obligatory verification.
  • It is not enough of margin trading.

Gate

Gate.io is a Chinese exchange that has been operating since 2013 and has built a good reputation. It offers a large selection of currencies that can be traded with minimal commissions. It has a user-friendly interface that is easy to navigate; there is also a mobile application.

Gate.io crypto exchange does not support fiat currencies, but you can buy crypto with a card; also there is quite a large functionality: margin trading, own token, IEO platform, etc.

  1. Exchange type: centralized.
  2. Website: gate.io
  3. Markets: spot, futures.
  4. Verification: optional.
  5. Language: English, Spanish, German, Turkish, etc.
  6. Fiat payment methods: bank cards.
  7. Commission (Maker/Taker): from 0,06 %.

Pros 

  • An excellent reputation built up over the years.
  • The flexibility of management of means, thanks to a wide choice of functions.
  • Possibility to trade without identity confirmation.
  • Good discount on commissions for GT token holders.

Minuses

  • Lack of active communication between developers and users.

BTC-alpha exchange

BTC-alpha – cryptocurrency exchange with fiat support, which does not require verification to use the full functionality. Included in the top 100 exchanges. The choice of cryptocurrencies for trading is quite large – several dozens, and you can deposit fiat money through several different payment systems. Thus, there is a great scope for managing your funds.

The trading terminal is easy to use, based on the professional TradingView charts. In addition, pleasing to the high withdrawal limits – so, in the day the user can withdraw up to 50 BTC from the account.

  1. Type of exchange: centralized.
  2. Website: btc-alpha.com
  3. Markets: spot.
  4. Verification: not required.
  5. Language: Ukrainian, English, German, etc.
  6. Fiat payment methods: bank cards.
  7. Commission (maker/dealer): starting from 0.2 %.

Pros

  • The convenient terminal for trade.
  • Possibility to buy with a card.
  • A large selection of assets.
  • No verification.
  • High withdrawal limits.

Disadvantages

  • A limited selection of trading orders.
  • A lot of suspicious coins in the listing.

Kraken Exchange

An exchange founded in 2011; headquartered in California. Provides spot, futures and margin trading, as well as a number of OTC services. It operates almost all over the world, excluding a few Asian countries.

The main difference between Kraken and other cryptocurrency exchanges is the use of the so-called “dark pool”. This means that the order book is hidden from view of users to avoid unnatural price movements. Each trader knows only his own orders.

  1. Exchange type: centralized.
  2. Website: kraken.com
  3. Markets: spot, derivatives, OTC.
  4. Verification: required.
  5. Localized interface: Ukrainian, English, Spanish, French, Italian, etc.
  6. Fiat payment methods: bank cards and transfers.
  7. Commission (Maker/Taker): from 0 % / from 0,1

Pros

  • Loyal commission fees.
  • A good reputation and a long time of work.
  • Although relatively few trading pairs compared to the market leaders, but only proven coins are added.
  • High liquidity and trading volumes.
  • Responsive tech support.

Cons

  • No opportunity to trade without passing at least one level of verification.
  • Little complicated interface.
  • Incomplete  translation.

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