Top 10 best cryptocurrency exchanges: a guide for beginners

If you are interested in the world of cryptocurrencies, you are probably already familiar with the concept of crypto exchanges – platforms where you can buy, sell and exchange digital assets. In this article, you will learn about the top 10 best crypto exchanges that will help you buy bitcoin, etherium and other popular cryptocurrencies. But how do you choose the best one? Each platform has unique characteristics, advantages and disadvantages, and I’ll share recommendations on criteria to consider when choosing your first or next trading platform.

As of 2025, the total volume of cryptocurrency trading has reached a record high of over $15 trillion. And that’s not the limit yet! More and more people are beginning to realize how promising investments in cryptocurrencies are. Therefore, the question of choosing a reliable and convenient cryptocurrency exchange is becoming more and more relevant.

Top 10 best crypto exchanges in 2025

1. Binance

Why Binance: The largest and most famous crypto exchange in the world. Here you’ll find more than 600 cryptocurrencies and a huge number of trading pairs. The exchange is famous for its low commissions and fast transaction processing.
Pros:
- Huge selection of cryptocurrencies
- Low commissions (0.1% per transaction)
- Support for fiat currencies and bank cards
- High liquidity and security
Cons:
- Slightly complicated interface for beginners.
- Verification requirements can be strict
Bonuses for newcomers: present in the bonus center
Conclusion:If you want to trade popular cryptocurrencies like Bitcoin or Ethereum, Binance is the perfect choice. The platform is suitable for both beginners and professionals.

2. Coinbase

Why Coinbase: Coinbase is one of the easiest and most reliable exchanges for beginners. Here you’ll find support for all major cryptocurrencies and convenient ways to fund your account.
Pros:
- Ease of use. Suitable for new users
- High level of trust
- Coinbase operates in more than 100 countries and is headquartered in the USA
- Ability to purchase cryptocurrency with a bank card
- Reliable protection of accounts
Cons:
- Commissions are higher than average (up to 1.49%)
- Limited number of supported countries. Coinbase has encountered some legal issues in some countries that may affect the operation of the exchange.
Bonuses for newcomers: up to 200 USDT
Conclusion:If you are just starting your introduction to cryptocurrencies, Coinbase will be a great start. The interface is simple and intuitive.

3. Bybit

Why Bybit: Bybit is an exchange focused on derivative contracts and margin trading. It attracts traders with the opportunity to make money on cryptocurrency price fluctuations.
Pros:
- Access to a variety of derivative financial instruments: margin trading, leverage, stop loss, take profit, etc.
- Fast order processing
- High liquidity and large trading volume
- Competitive commissions: Bybit trading commissions are usually lower than on other exchanges
- Convenient mobile application and web platform
Cons:
- Focused on more experienced traders
- Few advanced security features
Bonuses for newcomers: up to 5020 USDT
Conclusion:If you’ve already mastered basic cryptocurrency market operations and want to try your hand at more complex strategies, Bybit is a great choice.

4. Bitget

Why Bitget: Bitget is an exchange specializing in spot and contract trading. It offers low commissions and a wide range of tools to analyze the market.
Pros:
- Good value for money
- Availability of own BGB token
- Multilingual support
Cons:
- Relatively new exchange
- Insufficient support for fiat
Bonuses for newcomers: up to 6200 USDT
Conclusion:If you’re looking for a platform with good liquidity and low commissions, Bitget might be a good option.

5. OKX

Why OKX: OKX is a versatile platform offering both spot and derivative trading (futures, options, swaps). The exchange is known for its innovative solutions and a wide range of cryptocurrencies.
Pros:
- Support for more than 400 cryptocurrencies
- Low commissions
- Own steaking pool
Cons:
- A bit complicated interface for beginners
- Problems with support
- Trading commissions can be higher than on some other exchanges
Bonuses for newcomers: secret prizes
Conclusion:If you want access to a large number of altcoins and derivatives, OKX is a good choice.

6. BingX

Why BingX: BingX is a relatively young but rapidly growing exchange that offers both spot and copy-trading. This feature allows you to follow successful traders.
Pros:
- Copying trades of successful traders
- Transparent commission system
- Fast transactions
- Variety of cryptocurrencies
Cons:
- Lack of fiat support
- Relatively high transaction fee
- Limited availability in some countries
Bonuses for newcomers: up to 5000 USDT
Conclusion:If you are a beginner and want to learn from professionals, BingX will allow you to copy trades of successful traders.

7. MEXC

Why MEXC: MEXC is an exchange focused on the Asian market, but is also available to global users. It offers a user-friendly interface and competitive commissions.
Pros:
- Fast execution of orders
- A wide selection of cryptocurrencies
- Attractive bonus programs
Cons:
- Some features are restricted to non-residents of China: restrictions on payments and withdrawals may occur
- Minimum trading volume requirements
Bonuses for newcomers: up to 1000 USDT
Conclusion:If you live in Asia or are looking for an exchange with good conditions for trading rare altcoins, MEXC is a worthy candidate.

8. Kraken

Why Kraken: Kraken is one of the oldest and most respected exchanges on the market. It is characterized by a high level of security and support for multiple cryptocurrencies.
Pros:
- Reliable protection of accounts
- Possibility of margin trading
- In-depth analytics and trading tools
Cons:
- Complicated interface for beginners
- Long processing time for withdrawal requests
Bonuses for newcomers: are present in the bonus center
Conclusion:If you’re an experienced trader looking for a reliable platform with plenty of tools, Kraken is your choice.

9. KuCoin

Why KuCoin: KuCoin is an exchange known for its variety of supported cryptocurrencies and low commissions. It attracts the attention of both beginners and experienced traders.
Pros:
- More than 700 supported cryptocurrencies
- Low commissions (0.1%)
- Loyalty program with its own token KCS
Cons:
- There have been security issues in the past
- Sometimes slow customer service
Bonuses for newcomers: up to 10,800 USDT
Conclusion:If you want to invest in rare altcoins or get extra bonuses for using the platform, KuCoin is a great platform.

10. Bitfinex

Why Bitfinex: Bitfinex is an exchange aimed at professional traders. It offers advanced tools for market analysis and high liquidity.
Pros:
- High level of liquidity
- Support for margin trading
- Powerful analytical tools
Cons:
- Strict verification requirements
- There have been security incidents in the past
Bonuses for newcomers: up to 250 USDT
Conclusion:If you’re already an experienced trader and want to use sophisticated strategies like margin trading, Bitfinex is a great choice.

Criteria for selecting an exchange

When choosing a crypto exchange, it is important to consider the following factors:

1. Safety

First of all, make sure the exchange protects your funds. Check for two-factor authentication, cold storage of assets and insurance coverage.

2. Commission

Different exchanges offer different levels of transaction fees. Take this factor into account, especially if you plan to trade frequently.

3. Convenience of the interface

The interface should be intuitive, especially if you are a beginner. Keep in mind that some exchanges have complex control panels designed for professionals.

4. Asset support

Choose an exchange that supports the cryptocurrencies you’re interested in. Some platforms specialize in popular assets, while others offer hundreds of altcoins.

5. Reputation

Study user reviews and the history of the exchange. Avoid platforms with frequent security issues or withdrawal delays.

We have reviewed the top ten best crypto exchanges, each with its own unique features. Whether you’re a beginner or an experienced trader, you’re now armed with the knowledge you need to choose the perfect platform. Remember that every case is different, and it’s your job to find the exchange that fits your needs and goals.