List your project here
US
UK
Canada
Germany
Ireland
Netherlands
UAE
Australia
Thailand
Norway
Finland
DAILY NEWSLETTER
Your daily dose of Crypto news, Prices & other updates..
Best Crypto Exchanges and Apps For 2025
Updated September 11, 2025
Why trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. You can read more about our review methodology to get more information on the ratings below. In order to provide our readers with accurate and unfiltered information, we work hard to uphold the highest standards for our editorial policy.
- Factchecked by experts
- Unbiased editorial team
- Verified projects
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links, To get more information on the partner link placements visit our affiliate policy page . All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
Crypto trading has gone mainstream. As of 2025, more than 588 million people are using crypto exchanges. The crypto exchange market is expected to grow to $63.38 billion by the end 2025, according to some predictions.
Featured Partners
Bitget
#1 Fastest Growing Crypto Exchange
Trading Options
Platform offers spot, margin, futures, and options.
High Leverage Multiplier
Trade crypto derivatives with up to 200X leverage.
Fees
The platform charges different fees for VIP and non-VIP users.
Whitebit
#1 Crypto trading platform for European Investors
Regulatory Compliance
WhiteBit is licensed to provide crypto financial services in Poland, Spain, and other notable European nations.
Security
2 Factor-Authentication is available for account security.
Crypto-TradFi Connection
Easily trade crypto with your native fiat. WhiteBit supports over 15 popular fiat currencies.
MEXC
#1 Best for Day trading
Supporting Cryptos
Trade over 3,000 crypto assets, including memecoins.
Fees
Enjoy up to 0% charges on spot trades, deposits, and withdrawals.
Security
MEXC has a proven track record of top security. Users cold storage facility is under 24/7 surveillance.
That’s a massive growth rate of 24.4% since 2024. Interestingly, Binance alone caters to over 230 million crypto users. As of July 2025, over 1,500 active crypto exchanges are competing for attention.
Understandably, with many options available, picking the right exchange can feel overwhelming. However, it is an important decision because the exchange you use could decide the safety of your assets as well as your access to coins.
In this guide, we’ve broken down the best crypto exchanges and apps for 2025. We reviewed and ranked each platform based on security, features, fees, app performance, and regulation. This list is designed to help you choose the best exchange for your specific trading needs.
Best Crypto Exchanges, Platforms & Apps
1
MEXC
- Approx. Users (2025): 36 million users (September 2025)
- Spot Trading Fees: 0.2%, reduced with MX token usage.
- Security and Regulation: High reserve ratio, cold storage plus hot wallet for user funds.
- Mobile App and UX: Improved UX on Android and iOS.
- Features: Spot, futures, margin, staking, launchpad, and “Earn” platforms.
2
Binance
- Approx. Users (2025) : 250 million users (January 2025)
- Spot Trading Fees : 0.1% (lower with BNB)
- Security and Regulation : Stores 10% of user’s funds in SAFU fund.
- Mobile App and UX: Clean interface (over 72% of users trade via the mobile app)
- Features : Spot, margin, futures, staking, launchpool, and Earn,
3
Bitget
- Approx. Users (2025) : 120 million users
- Spot Trading Fees : 0.10%
- Security and Regulation : Strong KYC, 186% reserve ratio, 2FA
- Mobile App and UX : Full feature set
- Features : OTC, derivatives, staking, copy trading.
4
LBank
- Approx. Users (2025) : 15 million users
- Spot Trading Fees : 0.1%
- Security and Regulation : Multiple licensing, 2FA
- Mobile App and UX : User-friendly with good review
- Features : Spot, copy trading, passive income, early listings
5
Bybit
- Approx. Users (2025) : 70 million users
- Spot Trading Fees : 0/10%
- Security and Regulation : Multi-factor authentication, cold storage, and real-time proof of reserve
- Mobile App and UX : User-friendly with advanced tools
- Features : Spot, derivatives, AI analytics, trading bots.
6
Coinbase
- Approx. 100 million users
- Spot Trading Fees : 0.5%
- Security and Regulation : High security, FDIC insured, cold storage
- Mobile App and UX : User-friendly but can overwhelm beginners
- Features : Institutional tools, easy spot buys, staking, NFT, Coinbase One
7
Upbit
- Approx. Users (2025) : 70 million users
- Spot Trading Fees : 0.25%
- Security and Regulation : Cold storage, 2FA, fund password
- Mobile App and UX : Clean but limited features
- Features : Spot, staking and basic features
8
OKX
- Approx. Users (2025) : 60 million users
- Spot Trading Fees : 0.02%
- Security and Regulation : MiCA regulation, strong proof-of-reserves
- Mobile App and UX : Clean interface with good features
- Features : Spot, futures, options, staking, trading bots, copy trading
9
Crypto.com
- Approx. Users (2025) : 100 million users
- Spot Trading Fees : 0.075%-0.15%
- Security and Regulation : 2FA, cold storage, and multiple licenses
- Mobile App and UX : Feature-packed app, suitable for experienced users
- Features : Crypto.com card, staking, derivatives, spot, margin.
How to Choose the Best Crypto Exchange in 2025 ?
No single trading platform can be described as the “best crypto exchange.” Instead, what makes an exchange “the best” depends on your personal goal, trading objectives, and experience levels. Here’s a breakdown of what to consider when deciding the best exchange for you:
Understand Your Trading Needs
Before deciding on an exchange, ask yourself, “What kind of trader am I?” Your answer can help you narrow down some things:
- Beginner-friendly: If you’re just starting out, then you’ll need a platform that’s easy to navigate, offers built-in educational resources, and provides thousands of trading pairs. Coinbase and Crypto.com fit this perfectly. Both exchanges offer a clean interface, learning resources and a curated selection of assets to ease you in.
- Advanced traders: More experienced traders need features like API support, advanced charting tools, margin trading, futures, and options. Exchanges like Binance, OKX, and Bybit cater perfectly to these needs. These trading platforms offer a good blend of simplicity and advanced features for more experienced users.
- Long-term holders: Long term holders need exchanges with passive earning features like Earn, auto-invest, and staking to maximize their holdings. Crypto exchanges like Binance, Crypto.com and Bybit offer these services, making them ideal for long-term traders.
- Meme-coin and low-cap traders: Traders that are interested in discovering new meme coins need exchanges that easily list trending coins. LBank, Bitget, and even Bybit are known for listing these speculative assets, making them ideal for meme coin hunters.
Understanding your trading needs helps you filter out the platforms that do not meet your goals.
Key Factors to Consider
Once you’ve identified your trading needs and level, the next step is to look out for certain features that separate a good exchange from a great one. Here are some important areas to look out for before settling on an exchange:
- Fees & spreads: Trading fees can eat into your profit, especially if you are an active trader. Most crypto exchanges charge maker and taker fees which can range from 0.10% to 0.60%. Watch out for hidden costs such as spread fees, especially on platforms that claim to have zero trading fees. Top exchanges like Bybit, Coinbase, Binance, LBank, Crypto.com have varying fee models. Among them, Binance and Bybit stand out for their lower and more transparent fee structure.
- Available coins: The number of coins on an exchange can directly affect your exposure to the market. More coins give you an opportunity to diversify your portfolio with a mixture of mid-caps and low cap cryptos. Platforms like Binance, LBank, and Bitget are good for getting multiple options. Coinbase on the other hand, offers a vetted list of assets, which is suitable if you’re concerned about the credibility of the coin.D
- Security measures: You always want to be certain that your funds are in the right hands. Top exchanges use security features like multi-factor authentication, cold storage, and even insurance funds. For example, Binance’s SAFU is one of the biggest insurance funds in crypto. Also, check if the exchange has a history of hacks and how the team behind the exchange responded.
- Regulation & KYC: With crypto going mainstream, more countries are setting up policies to safeguard users. Ensure you only use exchanges that have secured the right approval to operate in your region. Regulated platforms like Coinbase and OKX offer more legal protection. Meanwhile, some platforms have mandatory Know-Your-Customer (KYC) requirements, while others support anonymous trading.
- Interface (desktop vs. app): A good interface can make or break your trading experience. If you’re a mobile trader ( trading with your phone), use a platform with fast, reliable, and highly-rated mobile apps like Binance, Bybit and Crypto,com. Meanwhile, ensure the desktop option offers advanced charting tools and custom dashboards.
Regional Restrictions
Where you live plays a huge role in deciding what platform you can use and the features that are available to you. Due to regional or local laws, some platforms are completely banned, others offer limited services. Here’s a quick guide on what you should know
United States : Coinbase, Kraken, Binance.US (limited)
Note: The U.S. has strict regulations on crypto exchanges. Some exchanges do not support certain coins and features like margin trading, and futures. It’s also important to check for restrictions at the state level.
Available Exchanges In European Union (EU) : Binance, Bitget, Bybit, OKX, Crypto.com, Coinbase
Available Exchanges In United Kingdom : (with limited features:) Binance, Bitget, Bybit, Coinbase, OKX
Note: The FCA has tightened rules around crypto advertising and leveraged trading. Always check the “Financial Promotions” status of any UK crypto exchange you want to use.
Available Exchanges In Canada : Limited availability: Bybit, Bitget, OKX, Crypto.com
Note: Crypto activity in Canada is under serious government scrutiny, and most exchanges have left the market or reduced their presence. Be sure to check for the scale of operations of each crypto exchange in Canada.
Available Exchanges In Asia, Africa, and LATAM : Most top exchanges like Bitget, OKX, Binance, and Crypto.com are available with full features across these regions. Binance has a strong presence in Africa and Latin America.
Best Crypto Exchanges and Apps for 2025 (Full Reviews)
1. MEXC
Best for Day Trading, Early Adopters and Low-cap Hunters
Why We Choose It:
MEXC is the go-to exchange for traders who love to trade low-cap, yet promising coins before they become highly traded and sought after.
Their flexible listing policy makes lots of new coins available, letting you get in early and ride the uptrend for extraordinary gains. MEXC also offers copy trading, AI-powered risk control for margin and futures, and multi-language support.
SPECS AT A GLANCE
- Founded: 2018
- Supported countries: 170+
- Userbase: 36+ million
- Platform: Web and Mobile App (Android/iOS)
- Fees: 0.20%, reduced when you use the MX token.
Pros and Cons
- Wide range of tradeable coins
- Advanced security features
- Multi-language support
- Less rigorous token vetting
- Doesn’t serve U.S. users
- Higher liquidations due to coin volatility
2. Binance
Best for High Liquidity and Altcoin Access
Why we chose it:
Binance remains the biggest crypto exchange by trading volume, offering unmatched liquidity, a wide selection of coins as well as advanced trading features. Binance’s combination of low fees and good altcoin selection makes it an ideal exchange for all levels of traders.
Specs at a glance
- Founded: 2017
- Supported countries: 100+ (excluding the U.S.)
- User Base: 250+ million
- Platform: Web and Mobile App (iOS/Android)
- Fees: 0.10% (reduces with VIP status or BNB)
Pros and Cons
- Huge varieties of trading options
- Very low fees
- Strong security features like SAFU
- Regulatory concerns in some countries.
- Not available in the U.S.
- Overwhelming for new traders
3. Bitget
Best for Copy Trading and New Token Listings
Why We Chose It:
Bitget is best known for offering strong copy trading features and being quick to list trending and low-cap tokens. It best suits traders in hunt for meme coins or altcoins with good market hype.
Specs at a Glance
- Founded: 2018
- Supported countries: 100+
- User Base: 120+ million
- Platform: Web and Mobile App
- Fees: 0.10% (spot), 0.02%/0.06% (futures)
Pros and Cons
- Copy trading and strategy marketplace
- Early access to low-caps and emerging tokens
- Strong mobile experience
- Regulatory problems in some countries
- Not suitable for U.S. traders
4. LBank
Best for Early Access to Exotic Tokens
Why We Chose It:
LBank is the best exchange to secure early access to new tokens. It offers a straightforward experience and often lists altcoins that may not be available on other exchanges.
Specs at a Glance:
- Founded: 2015
- Supported countries: 150+
- User base: 15 million
- Platform: Web and mobile
- Fees: 0.10%
Pros and Cons
- Fast listings of low-cap coins
- Global coverage
- Simple, and easy interface
- Mixed reputation in some regions
- Minimal regulatory oversight
- Limited advanced features
5. Bybit
Best for Pro-Level Trading Tools and Derivatives
Why We Chose It:
Bybit is one of the best platforms for futures and options trading, offering professional-grade tools, low fees, and a friendly interface. Bybit is a good option for traders looking to automate their strategies.
Specs at a Glance:
- Founded: 2018
- Supported countries: 160+
- User base: 70+ million
- Platform: Web and mobile
- Fees: 0.10% (spot)
Pros and Cons
- Ideal for leverage and derivatives
- Offers pro-level trading tools
- Supports copy trading and bot integrations
- Poor presence in the U.S.
- Limited fiat on-ramp options
- Overwhelming for beginners
6. Coinbase
Most Accessible Exchange for U.S. Traders
Why We Chose It
Coinbase has gained a reputation for being one of the most compliant exchanges, and the best platform for U.S. traders. It offers a good combination of advanced tools and resources for beginners, making it suitable for both levels of traders.
Specs at a Glance:
- Founded: 2012
- Supported countries: 100+
- User base: 100+ million
- Platform: Web and mobile
- Fees: 0.5% spot
Pros and Cons
- Strong presence and licenses in the U.S.
- Excellent onboarding process
- Strong fiat integration
- High retail fees
- Limited altcoin selection compared to other exchanges
- Advanced tools require a separate dashboard
7. Upbit
Best for Asian Traders With Good Altcoin Support
Why We Chose It:
Upbit is the biggest exchange in South Korea, with strong security and fiat integrations. Beyond offering good regulatory compliance, Upbit perfectly serves the Korean market with native support and features
Specs at a Glance:
- Founded: 2017
- Supported Countries: Mostly South Korea
- User Base: 70 million
- Platform: Web and mobile
- Fees: 0.25%
Pros and Cons
- Strong liquidity for South Korean traders
- High trust and security
- Good fiat integration
- Poor global coverage
- Mostly suited for active traders
8. OKX
Best for Multi-Asset Support and Web3 Tools
Why We Chose It:
OKX offers a deep ecosystem beyond crypto trading. With over 1,000 supported tokens, OKX provides an integrated wallet, and strong support for DeFi tools.
Specs at a Glance:
- Founded: 2017
- Supported countries: 100+
- User base: 60+ million
- Platform: Web, mobile and Web3 wallet
- Fees: 0.2%
Pros and Cons
- Multiple support for altcoins
- Built-in DeFi tools and wallet
- Global compliance
- Restricted presence in the U.S.
- Varying staking rewards
9. Crypto.com
Why We Chose It:
Crypto.com offers an all-in-one platform that includes a wide selection of altcoins, Visa Card, an NFT marketplace, staking, and others. It also operates a mobile-first ecosystem, making it ideal for casual traders who want ease and a comfortable experience.
Specs at a Glance:
- Founded: 2016
- Supported countries: 70+
- User base:100 million
- Platform: Mobile and web
- Fees: 0.075% to 0.15%
Pros and Cons
- Comfortable mobile experience
- Offers staking, NFTs, and a crypto card
- Strong security measures like a cold wallet
- Slow customer support response times
- Withdrawal limits for new users
Which Crypto Apps Are Best for Mobile Trading?
Below is a table showing some of the best crypto apps for mobile trading and their ratings.
| Exchange/App | Mobile UX Rating | Speed | Security | Mobile-First Features | Best For |
| MEXC | 8/10 | Fast | Strong | 100%+ reserve, 2FA, and anti-pishing | Risk-seeking spot traders |
| Coinbase | 9.5/10 | Fast | Strong (insurance, 2FA) | Price alerts | US traders, beginners |
| Binance | 9/10 | Very fast | High (SAFU funds, 2FA) | Advanced charts, copy trading | Altcoin hunters, pro traders |
| Crypto.com | 9/10 | Very fast | High (Cold storage, insurance) | Earn, NFTs, Visa Card | Passive earners, mobile-first users |
| Bybit | 8.5/10 | Fast | Strong | Leverage tools, copy trading | Futures and derivatives traders |
| Bitget | 8.5/10 | Fast | Strong | Grid trading, copy trading | Beginners and semi-pros |
Best Crypto Exchanges for Beginners
If you’re new to crypto, then you need an exchange that makes it easy to get familiar with crypto trading. Some of the key things to look out for include a user-friendly interface, good asset coverage, low fees, security, and educational resources. A good example of a beginner-friendly exchange is Coinbase. Known for its super clean interface, Coinbase offers an easy onboarding process that makes it easy for beginners to buy, sell, and hold crypto without feeling overwhelmed.
In addition to their clean interface, Coinbase offers a decent number of cryptocurrencies, good enough to satisfy the trading needs of a beginner. You can easily buy Bitcoin, and all the major altcoins. Although Coinbase is not the best exchange to get lesser known low caps, it has decent coverage for beginners. It also provides multiple payment channels including bank transfers, card payments, and PayPal in some regions.
Plus, Coinbase also offers educational resources, giving beginners an easy experience with crypto trading. The platform’s “Learn and Earn” rewards users who complete modules with crypto. Finally, Coinbase has a strong security system, and compliance. It offers features like 2-factor authentication and insurance on custodial funds. Although fees on Coinbase are on the high side compared to other exchanges, the exchange’s features makes it the best platform for anyone new to crypto.
Security, Regulation, and Trustworthiness of Exchanges
Security and trustworthiness are non-negotiable factors when using an exchange today. With billions stolen from crypto trading platforms, it is important to use platforms with strong security reputation. Although exchanges are now held to a greater standard, not all platforms offer the same level of security or trust. Here’s how to differentiate the top ones from the average exchanges:
- Regulated vs. Unregulated Exchanges:
Regulated exchanges like Coinbase and Crypto.com comply with government demands, meet financial requirements and operate under certain security conditions. Such platforms are generally safer to use.
Meanwhile unregulated exchanges (like Binance and LBank in some regions) may offer more flexibility, loose KYC and more asset collection, but come with certain risks. Although these exchanges have strong security measures, users have no investor protection if things go south.
Note: Always check if an exchange is regulated in your region before making any deposit.
How to Spot Safe Platforms ?
Trustworthy exchanges often go the extra mile to ensure transparency and user safety. Here are a couple of ways to spot these kind of trading platforms:
- Public audit or proof-of-reserve reports
- Public team info
- Bug bounty programs
- Good review across trusted sites
Avoid platforms with
- History of hacks or frequent downtimes
- Anonymous teams
- No public business address or contact details
Top exchanges implement
- 2-factor authentication as an extra security layer beyond providing passwords.
- Cold storage to keep most offline and safe from hackers
- Proof-of-reserves to show transparency and that they hold the funds users deposit
KYC/AML Considerations
Know-your-customer (KYC) and anti-money-laundering (AML) measures are good security measures that top exchanges adhere to. Although they feel intrusive, both measures help prevent fraud and make the exchange safe for traders.
What Are the Different Types of Crypto Exchanges?
Crypto exchanges do not have the same design and control levels. Some exchanges have more control over your funds than others. Meanwhile, others are designed to support certain types of transactions, which means less features. Understanding these differences is key to knowing what platform suits you the most. Here’s a quick explanation of the different types of crypto exchanges:
Centralized (CEX) vs. Decentralized (DEX)
Centralized exchanges are platforms like Binance, Coinbase, OKX, and Kraken that hold your funds and carry out trades on your behalf. They are largely popular because they offer speed, customer service, fiat support and wider crypto selection. They also offer higher liquidity, and are generally easy to use. But despite their popularity, most users have expressed concerns over the custodial nature of their operations. These platforms are subject to hacks or government sanctions, which could affect your funds.
On the other hand, decentralized exchanges like Uniswap, Orca and SushiSwap operate via smart contracts with no central authority. You stay in control of your wallet and trade directly from it. Some of the benefits of decentralized exchanges include
- Global accessibility
- No need for KYC
- You retain full control of your assets/
But regardless of these pros, decentralized exchanges are mostly slower than their centralized counterparts, and could incur more fees. They also lack deep liquidity for large volume trades and poor fiat on-ramps.
Brokers vs. Trading Platforms vs. Peer-to-Peer
- Brokers: These are platforms like eToro and Robinhood that mostly allow you to buy crypto at a set price, without needing to show you the orderbook. While these platforms could charge higher fees, they are really good for traders who want simplicity.
- Trading platform: These are crypto exchanges like Binance and Coinbase that offer a full suite of trading tools, charts and are great for active traders
- Peer-to-Peer: Platforms like Paxful, Binance P2P, Bybit P2P enable users to buy crypto from each other directly using payment channels like bank transfers.
Hybrid Models Emerging in 2025
In 2025, some platforms seek to offer the best of both centralized exchanges and decentralized platforms. These hybrid systems provide the speed of CEXs and the self-custodial nature of DEXs. Some notable examples include dYdX v4, Coinbase wallet + Base, and ZK-powered DEXs.
Which Crypto Exchanges Are Best for Your Region?
Crypto regulation varies by regions. This means not all exchanges are best for some regions. Here’s a guide to the best exchanges in each key region:
United States
- Best options: Coinbase, Kraken, Robinhood, and Crypto.com
- Why: Fully regulated, strong fiat support, tax tool
Europe & UK
- Best options: eToro, Revoult, Bitstamp, and Kraken
- Why: FCA-registered, SEPA support and strong security measures
Asia (Singapore, Korea, Japan)
- Best options: Upbit, Bybit, OKX, and Bitbank
- Why: Fast payment options, region-specific compliance, local language support
Latin America
- Best options: Binance, Bitso, and OKX
- Why:P2P features, mobile support, local currency integration
Africa & Middle East
- Best options: Binance, Yellow Card, Luno
- Why: Local payment support, and P2P
Australia & New Zealand
- Best options: CoinSpot, Independent Reserve, Swyftx, Kraken
- Why: AUSTRAC-regulated, local bank integrations
FAQs About Crypto Exchanges in 2025
What is the safest crypto exchange right now?
Coinbase and Kraken are considered the most secure exchanges due to their strong regulatory compliance and robust security.
Which exchanges don’t require KYC?
Decentralized exchanges like Uniswap and Pancakeswap do not require KYC
What crypto exchanges are regulated in the US?
Coinbase has a strong regulatory presence in the US, and is widely available in most U.S. states.
Which app has the lowest trading fees?
Binance has one of the lowest trading fees among most exchanges, ranging around 0.1%.
Are decentralized exchanges better than centralized ones?
No, decentralized exchanges are not better than centralized platforms as each exchange has its pros and cons. While DEXs offer more control they struggle in speed and high fees.
How We Picked These Exchanges (Methodology)
Choosing the best exchanges for 2025 requires more than the popularity of the platform. Our selection was based on core factors that affect daily crypto trading, from fees, to security to real-time performance. Here’s what we focused on:
- Security audits: We prioritized exchanges that undergo third-party security audits, have public proof-of-reserve, and use strong security measures like cold storage and 2FA.
- Regulatory compliance: Our selection prioritized exchanges with good compliance history. We favored exchanges that meet global KYC/AML standards.
- User volume & liquidity: Our list prioritized exchanges with high liquidity and user volume across top markets to ensure fair trades and lower slippages
- Platform reliability: We assessed platform response time, speed, and app performance based on real user feedback.
- User experience and support: Our selection evaluated areas like multilingual customer support, ticket response time, user interface and the general support rate of each exchange.
For full transparency, you can view our full review methodology .
Final Verdict: Which Exchange Should You Use in 2025?
Here’s a quick summary of our top picks by profiles:
- MEXC: Trade new, low-cap listings.
- Coinbase: Best for beginners
- Bitget: Best for low fees
- LBank: Best for low-cap hunters
- Binance: Best for altcoin hunters
- Bybit: Best for advanced trading tools
- Crypto.com: Best for mobile trading
- OKX: Best platform advanced traders
- Upbit: Best for Asian crypto traders
References and Further Reading
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
SUBSCRIBE TO
5M+ Monthly Page Views
50k+ Articles
©2025 CoinGape, All rights reserved