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Are you looking for the best crypto leverage trading platform because you want to increase your trading power? Well, then, it’s your lucky day! Below, you’ll find the list of the top crypto exchanges that are great for leverage trading. It includes such crypto platforms as Binance, Coinbase, Kraken, and the list goes on…

To be more precise, I handpicked a list of the top 7 best crypto leverage trading platforms out there. This will save you the hassle of going through numerous leverage trading platform reviews because you'll find them all in one place.

But first, it's crucial to fully understand leverage trading and why it is beneficial before moving on to the list itself.

We'll be reviewing the following cryptocurrency exchanges in this article:

Now that that's settled, let's get to it!

Best Crypto Leverage Trading Platform: What is Leverage Trading?

If you’re reading this best crypto leverage trading platform list, you probably already know a bit about leverage trading. However, if for any reason you don’t, or you’re just a beginner in this type of trading, let’s break it down.

The word “leverage” refers to increased trading power. If you want to make larger trades than your own funds allow you to, you can use your funds as collateral to participate in leverage trading. So, in the most basic sense, leverage trading allows you to trade crypto in larger amounts using borrowed funds.

Of course, it gets much more complicated than that.

Leverage comes in a variety of ratios, such as 3x (1:3), 20x (1:20), 100x (1:100), and so on. The ratio used to describe leverage indicates how many times your original capital is multiplied. So, for example, let’s say that you want to open a BTC position that is worth $2,000, but you only have $100 worth of BTC. In this case, you would need a 20x leverage.

Note that leverage trading is often referred to as margin trading. However, don't get confused. Although these two concepts are inseparable, they cannot be used interchangeably. For what it's worth, you should look at margin trading as a type of leverage trading, rather than a synonym.

Overall, there is a variety of leverage trading types. Margin trading, leveraged tokens, and futures contracts are among the most commonly used ones.

Best crypto leverage trading platform: What is leverage trading?

But why use leverage trading? Well, for one, it’s surely a way to get higher profits than you would be able with your own funds alone. Additionally, some traders use it to increase the liquidity of their funds. While they leverage a portion of their funds, they can use the remaining portion to participate in other types of profit generation.

Now, increased profits and fund liquidity surely sound great. However, do note that leverage trading carries high risks. While it brings high profits, it can also bring high losses. Besides, since the crypto market is unexpectedly volatile, leveraged positions are prone to forced liquidation. The higher the ratio of your leverage is, the bigger risks you face.

So, be careful when participating in leverage trading, or other types of high-risk investments for that matter. As the saying goes, don’t bite off more than you can chew.

That being said, let’s proceed to our best crypto leverage trading platform list!

 

 

1. Binance – The Crypto Exchange Giant

Ranks #1 out of 7 Crypto Exchanges

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If you type into Google “best crypto leverage trading platform USA” or “best Bitcoin leverage trading platform”, Binance would definitely pop up. After all, it is one of the biggest crypto trading platforms in the world. Whether you need leverage trading, spot trading, or other types of crypto-related services, Binance offers it all.

Though, since this is the best crypto leverage trading platform list, we will first focus on leverage trading options offered by the platform.

For starters, it offers two types of margin trading – isolated margin and cross margin trading. Isolated margin trading on Binance allows up to 10x leverage, while cross-margin trading allows up to 3x leverage. Binance's margin trading fees depend on your VIP user tier and the assets in question. Check out the Binance website for the up-to-date margin fee structure.

In addition to margin trading, another type of leverage trading offered by Binance is futures trading. With futures trading, a user can make a buy/sell contract of a specific quantity of a crypto asset, at a specified future price, on a specified date and time.

There are three types of futures contracts on Binance – Coin-Margined futures contracts, USDⓈ-Margined futures contracts, and options. They all allow up to 125x leverage.

Best crypto leverage trading platform: Binance Futures.

Futures trading fees are also based on the VIP tier of the user. Although usually lower, futures fee tiers match those of spot trading. However, due to the leverage offered, the volume requirement for each VIP tier is five times that of the spot market.

Lastly, for those seeking a bit safer leverage trading option, the platform offers Binance Leveraged Tokens (BLVT). These are tradable assets that enable you to acquire leveraged exposure to a coin without running the risk of liquidation on the spot market. BLVT provides users with up to 4x leverage exposure.

Speaking of risks, Binance offers such tools as anti-addiction notice and a cooling-off period, which help in avoiding risks imposed by leverage trading.

So, Binance is surely a worthy member of this best crypto leverage trading platform list as it offers extensive leverage trading options. However, apart from that, it's a great crypto exchange platform overall.

Why? Because, for one, it's suitable for both beginners and experienced traders due to its intuitive UI and helpful guides. Besides that, it's known to have pretty high trading volumes and a huge variety of crypto assets to choose from.

Additionally, Binance takes the platform's security very seriously and uses a number of security measures. Besides, let’s not forget the fact that it offers very competitive trading fees – each trade carries a standard fee of only 0.1%!

Visit Binance
...or read our Binance review

2. Coinbase – Great for Beginners

Ranks #2 out of 7 Crypto Exchanges

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A crypto exchange that must be on this best crypto leverage trading platform list is Coinbase! It allows users to easily buy and sell crypto assets, earn from crypto, learn about it, and do so much more.

As for leverage trading on Coinbase, for starters, it allows users to participate in margin trading with up to 3x leverage. It can be done on the Coinbase Pro platform, which was created for professional crypto traders.

Though, do note that, in June 2022, Coinbase announced that it will be closing Coinbase Pro and migrating all its trading options to the Advanced Trade tool on Coinbase.

Now, let’s get back to discussing the margin trading option. Yes, I know, the maximum leverage ratio offered by Coinbase might not be the biggest out there. However, it surely is great if you are new to leverage trading. Besides, remember, the higher the leverage ratio, the higher chance of liquidation!

As for margin trading fees, all margin trading orders on Coinbase carry a fixed annualized interest rate of 8%.

Best crypto leverage trading platform: Coinbase.

Moreover, apart from the margin trading option, Coinbase also offers a retail-friendly futures trading option. It features trading contracts for crypto assets and other types of assets, such as equities, or even energy.

Talking about crypto assets, Coinbase offers the ETH futures contract, which allows trading on margin “at 1/10 of an Ether”. Also, it offers the BTC futures contract, which allows speculating on the future price of BTC “at 100th of the size of a Bitcoin.”

So, it’s safe to say that Coinbase is one of the best crypto leverage trading platforms, especially for leverage trading beginners.

However, just as it doesn’t offer the highest leverage ratio choices, it also doesn’t have the highest variety of cryptocurrencies. Though, that’s why it’s great for beginners. When you’re just starting out, too many options can surely get you baffled.

What it does have, however, is an intuitive user interface and great security measures. In fact, Coinbase can surely be considered one of the safest cryptocurrency exchanges out there!

Visit Coinbase
...or read our Coinbase review

3. Bybit – One of the Biggest Crypto Derivatives Exchanges

Ranks #3 out of 7 Crypto Exchanges

Bybit is one of the biggest crypto derivatives exchanges out there. Thus, it’s a must to include it in our best crypto leverage trading platform list. ByBit provides users with all the tools and services a trader might need. This includes a quick buy/sell feature, a variety of trading options, useful trading tools, and even access to Web3.

Speaking of leverage trading options, it sure does offer all the essential ones. Firstly, it allows users to participate in spot margin trading with up to 5x leverage. They can also choose either cross or isolated margin modes.

Margin traders have access to a variety of trading pairs, including BTC/USDT, BTC/DAI, ETH/USDT, and so on. Therefore, if you’re searching for the best Bitcoin leverage trading platform, Bybit surely is worth your attention!

As for margin trading fees, Bybit charges three types of fees. The first one is the spot trading fee, which is calculated based on the order quantity and your personal tier. Then, there’s the interest fee, which is based on the interest you generate. Lastly, Bybit charges a 2% liquidation fee (it goes into the margin insurance fund pool).

Best crypto leverage trading platform: Bybit.

Moving further, Bybit also offers perpetual and futures trading. Perpetual contracts essentially are futures contracts without an expiration date. This type of trading allows users to choose up to 100x leverage. The fees charged for Bybit futures and perpetual trading are based on the maker-taker model and vary according to your personal VIP tier.

Besides the aforementioned types of leverage trading, Bybit also offers leveraged tokens. Leveraged token traders can choose up to 3x leverage. What about leveraged token trading fees? Well, there are five types of fees charged – trading, subscription, redemption, management, and funding.

Now that all leverage trading options on Bybit are settled, it’s also worth noting that Bybit is a great trading platform not only for leverage trading. Overall, it has beginner-friendly functionality, low trading fees, and a huge variety of supported assets.

Visit Bybit
...or read our Bybit review

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4. Kraken – Especially Low Trading Fees

Ranks #4 out of 7 Crypto Exchanges

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You've probably already heard about Kraken. It surely is one of the best cryptocurrency exchanges that provides users with a variety of trading options, an easy buy/sell feature, NFTs, a learning platform, and so much more. Besides, it also provides various types of leverage trading, which makes it a worthy competitor in our best crypto leverage trading platform list.

Speaking of leverage trading options, for one, Kraken provides users with spot margin trading. It allows them to buy (or sell) crypto assets from various spot markets offered by Kraken using borrowed funds. There are over 100 Kraken spot markets that support this feature.

The maximum leverage allowed by Kraken’s spot margin trading is 5x. While it’s not the biggest compared to some other best crypto leverage trading platforms, it surely is sufficient. Especially, if you want to participate in less risky leverage trading.

The fees for opening a spot margin trading position depend on the trading pair in question. However, they range between 0.01% and 0.02%. Though, in addition to paying a fee for opening positions, you have to pay rollover fees every 4 hours to keep them open (the same amount as the opening fee).

Best crypto leverage trading platform: Kraken.

Kraken also provides users with a futures trading option. Those who participate in futures trading can enhance their buying/selling power with leverage. Though, the available leverage ratio in futures trading is not indicated on Kraken’s website.

Additionally, it’s worth noting that, in order to manage trading risks with futures contracts, traders can activate margin mode functionality. It allows choosing between isolated and cross margin trading options.

The fees for Kraken futures trading employ the maker-taker model and range based on individual 30-day trading volume. Maker fees go from 0.02% to as low as 0%. Taker fees, on the other hand, range from 0.05% to 0.01%. However, for the most up-to-date pricing, always check the official website.

Now that we’ve discussed Kraken leverage trading options, we can clearly see that Kraken is one of the best crypto leverage trading platforms in USA, or other countries for that matter.

But why is it a good crypto trading platform overall? Well, it surely has an easy-to-navigate user interface, a decent variety of crypto assets to choose from, and great customer support. Besides that, Kraken has one of the lowest fees in the industry – they usually are somewhere in-between 0% and 0.26%.

Visit Kraken
...or read our Kraken review

5. KuCoin – Trade, Earn, and Learn

Ranks #5 out of 7 Crypto Exchanges

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KuCoin is a crypto trading platform that provides users with various trading, earning, and learning possibilities. Besides that, it offers several leverage trading options. Therefore, it surely is worth being on this best crypto leverage trading platform list.

Speaking of leverage trading options, for starters, KuCoin provides users with the option of margin trading. It offers both isolated and cross margin trading modes. Cross margin mode uses all assets in the margin account as collateral, while isolated margin mode has isolated trading pairs and isolated margin accounts for each pair.

Cross margin option on Kucoin allows up to 5x leverage, while isolated margin allows up to 10x leverage. As for margin trading fees, they depend on the trading fee level of the user. The level is based on the maker-taker model, as well as the amount of KCS tokens held (native KuCoin token), the asset in question, and trading volume.

Moreover, KuCoin also provides users with a futures trading option. However, there are only two types of assets that can be handled by future contracts on KuCoin – BTC and ETH. Though, this just makes KuCoin one of the best Bitcoin leverage trading platforms.

Best crypto leverage trading platform: KuCoin.

There are two types of leverage in the futures trading on KuCoin – the initial and the actual leverage. The initial leverage is manually set when opening a position and it can go up to 100x. The actual leverage, on the other hand, is the one that occurs after the position is already open. It can change based on unrealized profit or loss and exceed the 100x mark.

The fees charged for futures trading are also based on the maker-taker model and influenced by the same factors that margin trading fees are. However, the futures trading fees differ from those of margin trading.

Lastly, KuCoin also provides users with leveraged tokens. There is no danger of liquidation with KuCoin leveraged tokens because they are perpetual, have no due date, and will never have a negative price. Besides, for KuCoin’s leveraged tokens, traders don't have to pay any margin.

The fees imposed on trading leveraged tokens on KuCoin are the same as the fees imposed on spot trading.

Now, apart from being one of the best crypto leverage trading platforms, KuCoin is also one of the best crypto platforms overall. Why? Well, because it offers a huge variety of services and products, as well as the most popular crypto assets.

Additionally, KuCoin has some of the best trading fees out there! The fee rate begins at 0.1% and can even drop lower as the trading volume of the user increases.

Visit Kucoin
...or read our Kucoin review

6. Bitfinex – Trading and Lending in One Place

Ranks #6 out of 7 Crypto Exchanges

Among the best crypto leverage trading platforms worldwide, Bitfinex deserves a spot without a doubt. No matter if you’re searching for the best crypto leverage trading platform in the USA or Europe, Bitfinex is a great option.

What kind of leverage trading options does it offer? For one, Bitfinex allows margin trading with up to 10x leverage. You can either open long or short positions. Speaking of fees, margin traders on Bitfinex are required to pay an interest rate. It can be determined by the trader or via Bitfinex’s finance matching system.

It’s also worth noting that you can be on the other side of the barricade and participate in margin funding. This way, by lending your funds to margin traders, you can generate yield. There are various rates and periods for margin funding.

Best crypto leverage trading platform: Bitfinex.

Moreover, Bitfinex also provides users with a futures trading option. The maximum leverage users can choose when trading futures on Bitfinex is 100x. However, note that only intermediate and higher-level verified users can trade futures on Bitfinex.

The fees charged on futures trading follow the maker-taker model. Though, whether you are a maker or a taker, it’s also important what your trading volume is. This also determines the size of the fee charged. Maker fees range from -0.01% to 0.02%, while taker fees range from 0.035% to 0.065%.

So, Bitfinex is obviously worth being on this best leverage trading platform list. However, it’s also worth being on the best crypto trading platform list because it has a lot to offer. It supports a decent amount of assets, has an extensive suite of different order types, offers low trading fees, and has highly improved security.

Besides, apart from trading, it also provides users with lending/borrowing services.

Visit Bitfinex
...or read our Bitfinex review

7. Huobi – Trading With Up to 200x Leverage

Ranks #7 out of 7 Crypto Exchanges

Huobi surely is one of the most popular crypto exchanges out there. It provides users with various earning possibilities, as well as learning material. Besides that, it offers such trading options as spot, margin, futures, and so on. Thus, it definitely deserves a spot in our best crypto leverage trading platform list.

Now, Huobi offers both types of margin trading – isolated and cross margin. The cross margin trading option on Huobi allows choosing up to 3x leverage, while the isolated margin trading allows up to 5x leverage.

Margin trading has a tiered fee structure. The structure is divided into two types – for normal and professional traders. Besides, each type has a different fee level based on trade volume, interest rates, and HT holdings (the native token of Huobi).

Best crypto leverage trading platform: Huobi.

Besides margin trading, as mentioned above, Huobi also offers futures trading. It provides users with several types of futures products. This includes USDT-Marginated futures, Coin-Marginated futures, and options.

Usually, futures trading on Huobi allows up to 100x leverage. However, for contracts based on BTC and ETH, Huobi has increased the maximum leverage up to 200x. This surely makes Huobi one of the best Bitcoin leverage trading platforms.

However, don’t forget – the higher the leverage rate you choose, the higher risk of liquidation you face.

As for the fee structure for Huobi futures trading, it follows the maker-taker model and varies based on various factors. This includes trade volume, interest rate, and so on.

Now, it’s also worth noting that Huobi is a crypto trading platform you should definitely look into, not only for leverage trading. It offers some of the lowest trading fees and has a user-friendly interface. Besides that, it has a huge variety of supported assets and is known to have great security.

Visit Huobi
...or read our Huobi review

Conclusions

It’s a sure thing that choosing the best crypto leverage trading platform is hard. Just like when choosing anything else in life, you always have to decide what are your personal needs and expectations. For some, Binance or Bybit might be a perfect choice, while others would lean more toward Coinbase or Kraken.

However, it doesn’t matter if you’re searching for the best Bitcoin leverage trading platform, or the best crypto leverage trading platform in the USA, you must consider the size of the leverage ratio allowed, as well as the fees you'll need to pay. Well, THAT, and the type of leverage trading you seek for.

Though, always keep in mind that leverage trading is a high-risk trading technique. Thus, make sure that the platform you choose has all the needed security measures, and maybe even some useful tools for avoiding risks as well. These will surely help you sleep more peacefully at night.

After all, I hope this rundown of some of the best crypto leverage trading platforms was helpful to you. Good luck trading!

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

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Recent Best Crypto Leverage Trading Platform: The Ultimate List User Reviews

5.0/5.0 - Huobi User
2023-04-29

Full mark

This is the exchange with the best experience I've ever had

Evaluation
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Ease of Use
Experience
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5.0/5.0 - Kucoin User
2023-04-27

lots of cryptos to choose from

extensive list of cryptos! often adding new ones, didn't expect this exchange to be this versatile

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4.8/5.0 - Kucoin User
2023-04-25

Trouble with fiat

Just like on some other platforms i had trouble verifying fiat deposits, fortunately customer service help me with this issue in a timeley manner

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4.8/5.0 - Kraken User
2023-04-24

first exchange

It took me more time than i expected to figure out how to use the exchange. Totally get why not many beginners go for Kraken as their first exchange. Aside from that, have no other issues.

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5.0/5.0 - Binance User
2023-04-20

Huge platform

Binance has hundreds of cryptos to choose from, that sealed the deal for me. All in one place, just have to put in the effort to resaerch before investing.

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5.0/5.0 - Bybit User
2023-04-10

Good company to invest

Good company to invest

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Experience
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5.0/5.0 - Bitfinex User
2023-04-09

Great customer service

I have never experienced such a great support like I did on Bitfinex, neither in the crypto space nor in any other web business

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4.6/5.0 - Bitfinex User
2023-04-06

Better for advanced users

many attractive function not for beginners

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5.0/5.0 - Coinbase User
2023-04-05

ALL IN ONE

Multi-functional platform! Facilitates the essential functions that other exchanges fail to provide.

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4.6/5.0 - Bybit User
2023-04-03

Nice

good exchange! Nice design

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4.4/5.0 - Bybit User
2023-04-03

Friendly Platform

Easy to use, Simple and friendly

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5.0/5.0 - Kraken User
2023-04-01

Upgrade

Had to upgrade to higher tier because fiat payments were not eligible. As promised, got verified in few days. Don't know what I was hesitant about :) now have unlocked all the available features!

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4.0/5.0 - Bybit User
2023-04-01

Wonderful platform

Wonderful platform, but the support is failed and despicable, there is no response at all

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5.0/5.0 - Bitfinex User
2023-04-01

Good support

Great support, always reply faster with solution, they are best

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Experience
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4.2/5.0 - Bitfinex User
2023-04-01

quite hard

Need proper guidance for a beginner like me

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5.0/5.0 - Coinbase User
2023-03-31

Average user

The interface and navigation is not as intimidating as i have seen on other exchanges, all main functions are easy to find and use. The clean design is average user fiendly!

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5.0/5.0 - Huobi User
2023-03-30

Great app

Great but too many notifications. This only started happening recently was fine before a few weeks ago.

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4.8/5.0 - Coinbase User
2023-03-27

Niche cryptos

The fact that they don't add the niche cryptos is a blessing and a curse. I get that it's a safety precaution, so now i use less-legit exchanges to chase the hype and maybe earn a bit on the side.

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5.0/5.0 - Binance User
2023-03-27

Great for users of all levels

I would agree that it can be harder for newbies in the crypto exchange world to use the platform, but it shouldn't be a reason to avoid Binance altogether. Fell free to follow this Binance review or any other guide to help you through the learning process. Start small and work your way up, keep up with the reasearch. It is a good place for people of all levels.

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5.0/5.0 - Bybit User
2023-03-26

fast

Deposit and withdrawal are processed very fast

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FAQ

What are the best leverage trading platforms that allow up to 100x leverage?

All trading platforms that provide users with futures trading (which is a type of leverage trading) usually allow up to 100x leverage. This includes platforms like Binance, KuCoin, or Bybit. However, Huobi is one of the best leverage trading platforms for those who seek even higher leverage. For its BTC and ETH futures contracts, it allows up to 200x leverage. Just always keep in mind that the higher your leverage is, the higher your risks are.

Is crypto leverage trading a good trading option?

If you’re looking for a trading option that allows you to highly increase your potential profits, then – YES, leverage trading is a good option. However, nothing great comes without its risks. Leverage trading is a high-risk trading technique, especially with the high volatility of the crypto market. So, when choosing a leverage trading platform, make sure to check if it has all the necessary security measures, and maybe some useful tools for risk management. Binance, for example, offers such tools as anti-addiction notice and a cooling-off period that help to reduce your chances of facing risks.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. It’s all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you’re bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.