Crypto

Best rated crypto exchanges | A complete guide

Trustpilot review of Bybit stands at 3 out of 5 stars, calculated after 3650 reviews which is a decent score for a top-tier cryptocurrency exchange, considering the recent hack it went through and still managed to survive.

While Poloniex exchange ranking is at the 92nd spot as per CoinMarketCap rankings, it makes it to our list because of its unique feature of automated trading. With a 24h volume of $819,969,007, and tradeable assets (including fiat pairs) ranging to 772, Poloniex is one of the best automated crypto trading platforms out there.

Review

The Maker/Taker fee on Poloniex exchange ranges from 0.2000%/0.2000% to -0.0050%/0.1000% depending on your 30-day trading volume. Poloniex is a great platform if you’re interested in Grid trading, Strategy trading, Future copy trading, or simply spot trading.

While the normal fees of this exchange may not be the best among other crypto exchanges, it is still a decent option considering its customer support and other features highlighted above.

Trustpilot review of Poloniex stands at 1.3 out of 5 stars, calculated after 335 reviews which is a concerning sign for the exchange.

Ranked as the third exchange on CoinMarketCap, Coinbase has its main presence in the US market but it has gradually made a name for itself in other parts of the world as well. With a 24-hour volume of $3,436,840,812, and a total of 290 cryptocurrency assets along with fiat pairs, Coinbase has a strict process of listing coins and hence it doesn’t have a lot of pairs to trade among thousands of cryptocurrencies. 

Review

The Maker/Taker trading fee on Coinbase exchange ranges from 0.00% to 0.6% depending on your 30-day trading volume.

Trustpilot review of OKX stands at 3.9 out of 5 stars, calculated after 15822 reviews which is a decent score for a top-tier cryptocurrency exchange.

Choosing from the top rated crypto trading platforms

For some users their favorite cryptocurrency has to be there for a crypto trading platform to make sense, while for others security is paramount. This is where the choice can become easy for a crypto user. 

For example, beginners can start with Binance or Coinbase depending on their location as both these exchanges have some geo-restrictions. These two exchanges are user friendly and best for beginners.

Meanwhile, if you are into meme coins and want to trade them on a reputed exchange, then Bybit is the way to go as it lists many meme coins and tokens that other exchanges don’t.

In the end, whichever exchange you use, do your research before putting your hard earned money on a centralized exchange and trading on it.