Mainstream crypto popularity has catapulted investors into actively exploring crypto exchanges that can offer them a secure crypto trading ecosystem.
With the surge in cryptocurrency popularity, many crypto exchanges have come up in recent times to offer investors a sophisticated trading experience without compromising their trust and faith. Otherwise, they might move over to the crypto wallets such as MetaMask.
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 2022
Here's a selection (in no particular order) of the top cryptocurrency exchanges used across the globe.
Coinbase is one of the leading and most prominent crypto exchanges - particularly in the US - that offers a diverse crypto service to beginner and professional investors.
The exchange claims to have 56 million users, with a quarterly trading volume of $300bn in cryptocurrency.
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.
It also plans to launch its Coinbase NFT marketplace in the near future.
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 364 coins and 1424 pairs. Binance US supports a smaller range of around 65 coins.
With 28 million users, Binance boasted a trading volume of $7.7 trillion in 2021, according to Business Of Apps.
- Read More: How To Withdraw Money From Binance
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.
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.
- Read More: How To Stake Cryptocurrency On Crypto.com
As far as the exchange' statistics are concerned, Crypto.com has an average user base of 10 million users with a trading volume of $234.77million in 24 hours.
Kraken is another easy-to-use and one of the oldest crypto exchanges ever to have assisted the 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 nearly 6 million clients spanning 190 countries.