Mainstream crypto popularity has catapulted investors into actively exploring crypto exchanges that can offer them a secure crypto trading ecosystem.
Many crypto exchanges have come up in recent times to offer investors a sophisticated trading experience without compromising their trust and faith.
Selecting the best cryptocurrency exchange might often be a herculean task for many. However, we've sorted a list of some leading cryptocurrency exchanges for users who want more information before taking the final plunge.
Top Cryptocurrency Exchanges 2023
Here's a selection (in no particular order) of the top cryptocurrency exchanges used across the globe.
Coinbase
Coinbase is one of the leading and most prominent crypto exchanges - particularly in the U.S. - that offers a diverse crypto service to beginner and professional investors.
The exchange claims to have 103 million users, with a quarterly trading volume of over $300bn in cryptocurrency.
- Earn crypto on Coinbase: Coinbase NEAR Protocol Quiz Answers: How To Earn NEAR On Coinbase
The elegant user interface and easy-to-use functions make Coinbase a perfect choice for beginners who are ready to take their very first step towards exploring cryptocurrency trading. However, after learning more, users can then swap from Coinbase to Coinbase Pro.
Coinbase offers support to around 150 cryptocurrencies and provides secured wallet protection to safeguard crypto stored in the exchange's wallet. Moreover, the exchange supports additional pairs on Coinbase Pro.
Binance
Binance is another promising exchange to explore cryptocurrencies transactions with. Both Binance and the US-based Binance US boast some of the lowest fee structures to accommodate more users and allow trading on some of the most popular cryptocurrencies.
According to CoinGecko, Binance supports a whopping 352 coins and 1402 pairs. With 28 million users, Binance boasted a trading volume of $7.7 trillion in 2021, according to Business Of Apps.
The trust wallet associated with Binance users makes it easier for investors to make easy crypto transfers. It also offers users a chance to trade on its own coin known as Binance Coin (BNB), which is the fifth most valuable coin by market cap.
Aside from trading, Binance offers several other services including staking cryptocurrency, alongside its Binance NFT marketplace.
Crypto.com
Another leading crypto exchange that boasts robust security features is Crypto.com. Crypto.com offers multiple security layers to its investors in a bid to protect them from rampant crypto cyberattacks.
Moreover, the exchange offers some of the largest cryptocurrency repositories, giving users the chance to trade on 250+ cryptocurrencies. Another notable feature is its non-custodial DeFi which allows users to send crypto faster and earn a yield on the tokens. Users can also buy and sell NFTs via the platform.
As far as the exchange's statistics are concerned, Crypto.com has an average user base of 50 million users in 2022.
KuCoin
Hong Kong-based cryptocurrency exchange KuCoin has gained millions of fans and dedicated users since its launch in 2017.
KuCoin is a go-to exchange for 10 million traders in over 200 countries, with hundreds of crypto tokens and pairs available for trading, the ability to earn interest on crypto holdings services, and low trading fees.
Despite its positive draws, the exchange is unfortunately unavailable to U.S. crypto traders.
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Kraken
Kraken is another easy-to-use and one of the oldest crypto exchanges ever to have assisted users in teaching the basic essentials and necessary requisites of crypto trading.
The exchange offers an elegant user interface with high-security features and specifications. Kraken e also provides a low-fee infrastructure to users who wish to begin trading by making compact exchange fee payments and supports nearly 90+ cryptocurrencies on its platform.
Its average 24-hour trading volume stands at $1.13 billion and hosts just over 4 million clients spanning 190 countries.
Learn more about crypto: How to buy cryptocurrency? Crypto exchanges, crypto wallets, DeFi and more, Litecoin (LTC), Polygon (MATIC), Chainlink (LINK)
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