If you’re new to best bitcoin exchanges crypto (and investing), the eToro platform opens the world to stock and ETF trading, too. In 2023, Binance and its then-CEO paid a fine of more than $4 billion following an SEC investigation that found that the firm was violating antimoney laundering laws. Binance.US is best for those who want low fees, access to a broad selection of crypto and the ability to earn rewards through staking. Not only can you buy and sell hundreds of coins using Crypto.com, but you can also earn rewards by stashing 20-plus tokens and stablecoins. The exchange also offers a Visa prepaid debit card that lets you earn rewards when you use it to spend your crypto. We appreciate Kraken’s 24/7 customer support via chat, email and phone—as well as the wealth of information it provides through its blog and beginner-friendly crypto guides.
Along with its mobile capabilities, Crypto.com is also best for Bitcoin. The platform offers a wide array of trading, from derivatives to regular long-term investments. The company has a reasonable fee structure, which also applies to its mobile platform. However, depending on their 30-day trade volume, users can expect maker fees to be between 0% and 0.25% and taker fees to be between 0.05% and 0.5%. There are additional benefits for VIP users who hold crypto.com’s cryptocurrency Cronos (CRO). Bitcoin traders will also have access to Bitcoin options and futures, which is an important feature for traders and investors alike.
How Is Bitcoin’s Price Determined?
- Crypto trading is not subject to the same investor protections you get when working with traditional investments.
- Here’s a side-by-side comparison of the top Bitcoin brokers’ key features, fees, security measures, and regulatory credentials in 2025.
- Binance Futures, Bybit Futures, and Bitget Futures lead the pack in derivatives trading volume.
Crypto trading on eToro is not available in New York, Nevada and Hawaii. While Uphold offers video courses so traders can gain knowledge no matter their level of experience, its customer service is limited. One of the few exchanges on our list with a flat fee structure, Uphold lets you trade more than 250 currencies and offers staking for at least 19 coins.
Binance: Best for high-volume traders
While Kraken operates in many countries, the exchange is not available in all 50 U.S. states, such as Washington, New York, and Maine. Furthermore, in many other states, additional restrictions apply to activities such as staking, payment services, funding, and custody. Prospective clients interested in a specific service should check if it is legal in their respective state. It’s also important to note that Kraken does not offer any insurance for its users. Advanced traders who need more sophisticated features should consider Kraken Pro. This platform is designed for traders who need access to advanced order types, charting, and screening capabilities not offered on the original platform.
- Custodial and clearing services used by Atomic Brokerage can be found on its BrokerCheck report.
- Binance leads as the largest cryptocurrency exchange worldwide, despite recent regulatory challenges.
- We can confirm that the company equips users with multifactor authentication.
It is generally better to store Bitcoin in your own wallet for long-term holding. Keeping Bitcoin on an exchange means the exchange controls your private keys, exposing your funds to potential exchange hacks or operational issues. Yes, you typically need KYC (Know Your Customer) to use the best Bitcoin exchange.
While newer than some exchanges, responsiveness to user feedback and product expansion make Crypto.com a rising star. As the largest US exchange and cryptocurrency brokerage, Coinbase provides an accessible onramp for bitcoin investors. User-friendly design, extensive payment methods, strong security, reasonable fees, and high liquidity make it a great choice for newcomers. Advanced traders may prefer Kraken or Binance for lower fees and broader trading tools. Crypto.com is best for mobile-first users, while Gemini is ideal for those prioritizing compliance and custody security.
Crypto.com – Best Mobile Experience
If you’re new to cryptocurrency or just need to convert fiat currency into crypto, you’ll likely use a centralized exchange. Over 20 crypto platforms and wallets reviewed and rated by our expert Nerds. This section examines the core strengths and limitations of each top-rated broker. Beyond general highlights, we examine platform performance, security architecture, support capabilities, and regulatory adherence.
Best for Mobile Traders
Users can trade more than 200 cryptocurrencies on this platform that works well for both beginners and experienced traders. Coinbase’s FDIC insurance covers fiat deposits up to USD 250,000, which adds extra protection for user funds. Binance, Bybit, and OKX are strong options for high-volume and feature-rich trading. Evaluate Bitcoin trading platforms based on interface, supported AI trading tools, and real-time liquidity. Bitmart, which offers over 1,700 cryptocurrencies, is our top choice as the best crypto exchange for altcoins.
Arkham Exchange features a competitive fee structure, which can be reduced by up to 85% depending on trading volume and the use of ARKM tokens. If users pay trading fees using the platform’s native ARKM token, they receive an additional 25% discount. Choosing the right exchange or platform for buying or trading BTC is highly important for both newcomers and experienced investors looking for security, liquidity and advanced features. Some platforms let you trade hundreds of cryptocurrencies, while others stick to a select few.
Kraken places a high priority on security with advanced measures such as two-factor authentication and encryption techniques to protect user assets. The platform also supports multi-chain trading, enhancing accessibility and allowing users to trade across different blockchain ecosystems. Overall, Kraken blends versatility, security, and user-friendly features to deliver an outstanding trading experience. Bitpanda is a premier multi-asset investment platform that empowers users to trade cryptocurrencies, stocks, ETFs, and precious metals in one seamless interface.
Kraken is an ETH exchange known for its strong security protocols and wide range of supported digital assets. As a centralized platform, Kraken offers a dependable and efficient trading experience, making it a favored choice among both beginner and seasoned traders. One of Kraken’s primary advantages is its extensive selection of cryptocurrencies. Users can trade Ethereum along with a vast array of altcoins, providing ample opportunities for portfolio diversification. This broad selection allows users to explore numerous investment opportunities and effectively manage their crypto holdings. Kraken’s user-friendly interface enhances the trading experience by making navigation simple and intuitive.