If you're looking to get into the world of cryptocurrencies, one of the first steps you'll have to take is finding a reliable and user-friendly platform that fits your needs. With so many options available, looking for the best crypto trading sites out there can be a daunting task.
For this reason, I’ve put together a comprehensive guide to the best sites to buy cryptocurrency available. So don’t worry, I’ve got you covered! In this guide, I’ve scoured the web to find the most reputable and beginner-friendly platforms for trading cryptocurrencies. This includes Binance, Bybit, Coinbase, and many others.
Whether you're a seasoned trader or a crypto newbie, this guide will help you find the perfect platform to suit your needs. So, let's take a closer look at each of the exchanges listed, highlighting what makes them stand out from the crowd.
FYI, I'll also offer some tips on what to look for when choosing a crypto trading platform.
The best crypto trading sites I will dicuss are:
So let's jump in and start exploring the world of crypto trading!
Best Crypto Trading Sites: Evaluation Criteria
When evaluating the best crypto trading sites, several important factors come into play. Security, fees, user-friendliness, and feature variety are some of the most critical features to consider.
Security is perhaps the most crucial factor when choosing a crypto trading site. You'll want to make sure that your personal information and funds are safe and protected from hackers and other potential threats.
Always look for platforms that offer two-factor authentication, encrypted communications, and other security features.
As far as trading fees go, they can vary widely between different crypto trading sites. Because of that, it's essential to understand how much you'll be charged for each transaction. Some platforms charge a flat fee, while others have a variable fee based on the size of your order or other factors.
Besides, before confirming any transaction, it's always a good idea to review the information provided. After all, it's your hard-earned money at stake, so it's important not to skip reading through the details.
Another important aspect to consider is the feature variety offered by the exchange. This is a factor that can make it or break it when choosing the best trading platform. Of course, it all depends on the features you need. Maybe you're just interested in great derivative trading platfrom, or, maybe you're just looking for a platform that has great mobile app.
Either way, the more features a platform offers, the better it is.
Lastly, user-friendliness is also very important. A good crypto trading site should have an intuitive interface that's easy to navigate, even for beginners. Always be on the lookout for platforms that offer educational resources and tools to help you learn more about cryptocurrencies and trading strategies.
By considering these key features, you'll be better equipped to choose the best crypto trading site for your needs. In the following sections, I'll take a closer look at the top platforms I've identified and how they stack up against these evaluation criteria.
1. Binance - A True Market Leader
Ranks #1 out of 10 Crypto Exchanges
- + A very well-known crypto exchange platform
- + More than 500 different cryptos available
- + Two-factor authentication
- + P2P trading option
- + Emphasis on security and KYC
- + Supports fiat-crypto acquisitions
- - Might be a bit difficult for beginners
CLAIM $600 BONUS
Exclusive $600 Binance Offer
Don't miss this limited-time deal that's only available for our readers. Follow the Binance referral code link & receive up to $600 in rewards and bonuses!
Binance is one of the most well-known and trusted cryptocurrency exchanges in the industry, so it should never be left out of a guide that lists the best crypto trading sites out there.
With its high trading volumes (around $12 billion a day as of writing!), Binance is a go-to platform for many traders. This is because high trading volumes translate to more competitive prices, which can be a huge advantage for anyone looking to buy or sell cryptocurrencies.
One of the key features that sets Binance apart from its competitors is its feature variety. Apart from offering various trading methods, it also provides users with the Binance Earn program, Binance Academy, Binance Card, loaning services, and so much more.
Besides that, security is another strong point of Binance. It takes user protection seriously, and has embedded state-of-the-art security measures and strict data privacy controls across its entire ecosystem.
User funds and assets are protected with advanced technical measures, such as real-time monitoring, advanced data privacy tools, and end-user security education. Advanced security measures such as multi-signature and threshold signature schemes (TSS) ensure the safety and integrity of user funds.
Also, in Binance, user data and personal information are encrypted, and the platform supports strict sign-in protocols using two-factor authentication, including hardware, app-based, SMS, and email methods. Because of that, Binance is one of the legit Bitcoin investment sites available today.
Although the exchange faced security issues in the past, it has taken significant measures to tackle these concerns and establish itself as one of the most secure platforms in the market. As a result, any previous concerns can now be put to rest.
Another reason why Binance is so popular is due to its low fees. Regardless of the type or amount of cryptocurrency you're trading, you'll never pay more than 0.1% in fees. This is an incredible deal compared to many other exchanges, which can charge much higher fees for similar services.
Binance’s low fees makes it one of the best sites to buy Bitcoin, which can be traded with fees that could go up to 2.3% (or even higher, depending on the exchange!) on other platforms.
Finally, Binance is very user-friendly, with an intuitive interface that makes it easy for beginners to navigate the platform. Additionally, the exchange offers a range of tools and resources to help traders make informed decisions, such as advanced charting tools and educational resources.
All in all, Binance is a top-tier cryptocurrency exchange that ticks all the boxes when it comes to security, fees, and user-friendliness. If you're looking for a reliable and trustworthy platform to buy and sell cryptocurrencies, Binance is definitely worth considering.
2. Bybit - A Crypto Derivatives Powerhouse
Ranks #2 out of 10 Crypto Exchanges
- + Very low trading fees
- + Exceptional functionality
- + Mobile trading app
- + Helpful customer support
- + Up to 100x leverage
- - Might have a steep learning curve
Bybit is a crypto derivatives exchange that was established in 2018. Despite being a relatively new player in the market, Bybit has quickly gained a solid reputation. Nowadays, Bybit is considered a respected and well-known exchange among crypto traders, and has earned its place among the best crypto trading sites.
One of the standout features of Bybit is its state-of-the-art trading interface, which provides users with an intuitive and easy-to-use experience. Additionally, Bybit offers a dedicated mobile app, allowing traders to keep an eye on their positions and execute trades on the go.
Bybit's fee model is another strong point, with fees ranging from 0.1% to as low as 0% for market makers, depending on your VIP level. VIP levels are determined by asset balances, BitDAO (BIT) holdings or the last 30-day trading volume. This makes it one of the more affordable exchanges for trading crypto derivatives.
While Bybit positions itself as a beginner-friendly exchange, it caters to advanced-level traders as well. Users can access perpetual and derivatives markets, utilize up to 100x leverage, and employ a range of advanced trading tools.
Besides all of the above, Bybit is committed to ensuring the utmost security for its users. Their platform employs a triple-layer asset protection system to keep user funds safe and conducts regular Proof-of-Reserves audits to maintain transparency.
With privacy protection in mind, Bybit encrypts all data in storage and transit with strict authorization controls in place. It employs real-time monitoring to detect suspicious activity and has a security-by-design approach with ongoing bug bounty programs to maintain the highest level of security possible.
Finally, Bybit's customer support is top-notch, with helpful agents available to assist users when needed. This level of support is particularly noteworthy, given the often complex nature of crypto trading.
In summary, Bybit is a well-regarded crypto derivatives exchange that offers a range of benefits for traders of all levels. From its user-friendly interface and affordable fee structure to its advanced trading tools and excellent customer support, Bybit is definitely worth considering when looking for the perfect platform for trading cryptocurrencies.
3. Kraken - Plenty of Token Options
Ranks #3 out of 10 Crypto Exchanges
- + Secure and reliable
- + Low fees
- + A good amount of fiat currencies accepted
- - Not the most helpful customer service
Fees As Low As 0%
Get 0% Fees By Trading With Kraken
Join Kraken today & start trading with fees as low as 0%! Save money with one of the top-rated crypto exchanges on the market.
Kraken is a top contender when it comes to the best crypto trading sites available. One of the reasons for its popularity is the wide range of cryptocurrencies that users can trade, buy, and sell on the platform.
With over 150 different coins and tokens available, Kraken offers a good variety of options, which is suitable for most traders who are primarily interested in a handful of cryptocurrencies.
One of the most significant advantages of Kraken is that users can purchase cryptocurrencies with fiat currencies directly on the platform. This feature makes it significantly easier for traders to get started, especially for those who are new to the cryptocurrency world.
Being able to trade directly with fiat currencies definitely makes Kraken one of the best sites to buy cryptocurrency available today.
Kraken's mobile app is another standout feature that's both intuitive and user-friendly. It offers traders the ability to monitor their portfolio, view their order history, and make trades while on the go.
Moreover, Kraken has garnered a reputation for its top-notch customer support, which is always available to help users with any issues they might encounter.
When it comes to fees, Kraken's fee structure is competitive and transparent. The platform employs a maker-taker fee model, which ranges from 0% to 0.26% per transaction.
These are some of the best numbers available in the industry, and they make Kraken an attractive option for traders who are looking for low fees. Because of this, Kraken is also one of the best sites to buy Bitcoin in 2023.
Besides all mentioned above, Kraken takes security seriously and has implemented a number of measures to safeguard your funds, NFTs, and privacy. With a world-class security team, advanced cold storage, and hot wallet solutions, Kraken ensures the protection of your investments in crypto assets, including NFTs.
To further enhance security, Kraken offers two-factor authentication, email confirmations for withdrawals, and customizable API key permissions.
Kraken's commitment to security extends beyond its own products and services; it has established Kraken Security Labs to test third-party services and products in an effort to identify and solve issues before they can be exploited.
Overall, Kraken is an excellent option for traders who prioritize security, reliability, and a wide range of trading options. Its user-friendly mobile app, top-notch customer support, and low fees make it a compelling choice for both new and experienced traders alike.
Did you know?
Compare Crypto Exchanges Side by Side With Others
All Crypto Exchanges may look similar to you but they're NOT all the same!Yes! Show me the Comparison Chart
4. Coinbase - Beginner-Friendly and Secure
Ranks #4 out of 10 Crypto Exchanges
- + Fiat currencies - accepted
- + Simple to use
- + Accepts only the most trustworthy cryptocurrencies
- + Very secure
- - Not available in all countries
- - Some of the less-known coins aren't supported
$5 BTC BONUS
For New Verified Coinbase Users
Receive your $5 bonus in BTC when you sign up for a new Coinbase account & complete all photo verification steps. Follow this Coinbase referral link to activate the deal!
If you're looking for a straightforward and secure platform to buy cryptocurrencies, Coinbase should definitely be on your radar. It's widely regarded as one of the best crypto trading sites for a reason.
One of the main selling points of Coinbase is its ease of use. The registration process is quick and the interface is simple, making it a great choice for beginners. The platform also prioritizes minimalism, which means you won't be overwhelmed with too many features or screens.
When it comes to security, Coinbase is one of the most trusted crypto exchanges around, with over 110 million users placing their trust in the platform. One reason for this trust is that Coinbase is a public company based in the USA, providing financial transparency with quarterly financial statements and annual audits by an independent third-party.
Additionally, Coinbase provides a range of account protections for its users, such as 2-step verification on all accounts, password management with hashed passwords, and proactive security notifications. With these security measures in place, Coinbase strives to provide the most secure and trustworthy trading platform for its users.
However, one downside of Coinbase is that it doesn't offer every cryptocurrency available. Some well-known names in the industry, such as Monero and Tron, are notably absent from the platform. This could be a deal-breaker for some traders who are looking for a wider variety of coins to invest in.
Another aspect that could be improved upon is the fees. Coinbase charges a range of fees, with rates varying based on the amount of money being traded, the trader's country of residence, the selected payment method, and market conditions.
These fees can go up to 3.99%, and are generally relatively high compared to other exchanges. However, Coinbase is a trusted platform that guarantees optimal security for its users, so some traders may be willing to pay the premium.
All in all, if you're looking for a simple and secure platform to buy cryptocurrencies, Coinbase is definitely worth considering. Just keep in mind that not all coins are available and fees may be higher than some other exchanges. However, the platform's reliability and ease of use make it a top choice for many traders.
5. KuCoin - Very Low Fees
Ranks #5 out of 10 Crypto Exchanges
- + Anonymous trading
- + Secure
- + Supports a variety of cryptocurrencies
- - Low trading volume
For New Kucoin Users
Use this Kucoin Coupon & get up to $500 in rewards. Sign up to Kucoin for huge perks & limited-time offers!
KuCoin is a well-established cryptocurrency exchange that offers many services, including trading. With a wide variety of cryptocurrencies available, traders have the opportunity to diversify their portfolios and potentially increase their profits over the long term while investing in one of the best crypto trading sites out there.
One of the standout features of KuCoin is its competitive fee structure. Both makers and takers are charged a 0.1% trading fee, which can be lowered with increased trading volume.
This makes KuCoin an attractive option for traders who are looking to maximize their profits, and keep their costs low. Traders looking for trusted Bitcoin investment sites should also check KuCoin out.
In addition to its trading functionality, KuCoin also offers advanced trading tools and interest-earning features for its users. This allows traders to take advantage of market trends and potentially increase their profits with smart trading strategies.
The exchange also accepts over 40 fiat currencies and a huge variety of payment methods, making it easier for users to buy and sell cryptocurrencies with their local currency.
KuCoin has a strong community of supporters and has established itself as a reliable and trustworthy exchange in the industry. Its user-friendly interface and range of features make it a great option for both beginners and experienced traders.
When it comes to security, KuCoin takes the protection of user funds and data seriously. The platform uses a combination of cold and hot wallets to store user funds, and has implemented two-factor authentication and withdrawal confirmation emails to prevent unauthorized access.
In summary, KuCoin is a reliable and user-friendly platform with competitive fees, a wide selection of cryptocurrencies, and advanced trading tools. Its interest-earning features and acceptance of fiat currencies make it an attractive option for traders looking to maximize their profits.
With a strong community of supporters, KuCoin is definitely considered one of the best crypto trading sites as of writing.
6. Bitstamp - Security as a Top Priority
Ranks #6 out of 10 Crypto Exchanges
- + Helpful customer support
- + Fiat payments are accepted
- + Reliable and established
- + Low trading fees
- - Not the best option for beginners
- - Small number of supported cryptos
$50 Bonus Code
Special Bitstamp Promotion
Bitstamp code hunt is here! 9 different Bitstamp bonus codes are available online with the value of $50. Follow this coupon link to learn more.
Bitstamp is considered one of the best crypto trading sites in the industry, having earned its reputation through years of dedicated service. It has gained its reputation through its top-tier security measures, competitive fees, and user-friendly interface.
Security is a top priority for Bitstamp. The platform employs institutional-grade security measures to ensure the safety of user funds and personal information. The majority of user funds are stored offline in cold storage, making it difficult for hackers to gain access to them.
Bitstamp also uses highly encrypted personal data, two-factor authentication, and transaction confirmations to prevent unauthorized access to user accounts.
When it comes to fees, Bitstamp is highly competitive. The actual fees charged depend on the user’s 30-day trading volume, but they generally range from 0% to 0.4%. Bitstamp's fee structure is designed to be simple and transparent, allowing users to easily understand and calculate the costs of their trades.
Bitstamp's user interface is intuitive and user-friendly, making it easy for traders of all levels of experience to navigate. The platform offers a range of advanced features for advanced-level traders, while also providing a simple and straightforward interface for beginners.
Bitstamp also offers a mobile app, which allows traders to monitor and execute trades from their mobile devices, making it one of the legit Bitcoin investment sites available.
Overall, Bitstamp is an excellent choice for anyone looking for a secure and competitively priced crypto trading platform. Its institutional-grade security measures provide peace of mind, while its user-friendly interface and range of advanced features make it an attractive option for traders of all levels of experience.
Whether you're just starting or you're a seasoned trader, Bitstamp has everything you need to trade cryptocurrencies with confidence.
7. Bitfinex - More than 170 Coins
Ranks #7 out of 10 Crypto Exchanges
- + More than 170 crypto assets to trade with
- + Supports fiat deposits
- + Advanced trading tools
- + Small fees
- + Highly-improved security features
- - Controversial past
- - Might not be suitable for beginner traders
Bitfinex is a well-known and reputable crypto exchange platform that has a lot to offer its users. Being among the best crypto trading sites, it offers everything you need to start your trading journey.
One of the most notable aspects of the platform is the significant number of supported crypto assets - with over 170 different coins and tokens, Bitfinex has a wide variety of options for traders of all levels.
While Bitfinex is certainly a great option for experienced traders who are looking for advanced functionality, the platform can also be a great choice for newbies who want to get started with cryptocurrency trading. The platform offers a fiat on-ramp, low trading fees, and a range of trading tools and products.
Besides all that, Bitfinex has revised its fee policies, with a maker fee of 0.1% and a taker fee of 0.2% for most users. Additionally, those who currently hold or have held Unus Sed LEO (LEO) tokens within the last 30 days are eligible for up to a 25% discount on trading fees. This makes Bitfinex one of the best sites to buy Bitcoin.
When it comes to security, Bitfinex has made significant strides in recent years to improve its security features and ensure the safety of its users' funds.
The platform employs a range of security measures, including two-factor authentication, IP whitelisting, email encryption, and cold storage. This attention to security is a testament to Bitfinex's commitment to preserving the integrity and security of its users' accounts.
Overall, Bitfinex is a great choice for traders who are looking for a platform with a wide range of supported crypto assets, advanced trading tools and products, and strong security features. Whether you're a seasoned pro or a newcomer to the world of cryptocurrency trading, Bitfinex has something to offer.
8. Huobi - A Platform With a 20,000 BTC Security Reserve Fund
Ranks #8 out of 10 Crypto Exchanges
- + Very low fees
- + User-friendly interface
- + Most crypto assets are stored offline
- + 24/7 customer support
- - Only crypto assets available to be exchanged
- - Not regulated
Huobi is one of the largest and most popular cryptocurrency trading platforms in the world, and could never be left out of a best crypto trading sites list, as it offers a wide range of trading options for both beginners and experienced traders.
The Huobi platform is known for its strong security measures, which are designed to protect user funds and personal information. The platform uses a combination of advanced encryption technologies and multi-factor authentication to ensure that user accounts are safe and secure.
In addition, Huobi has a 20,000 BTC security reserve fund, which is used to cover any losses that may occur as a result of a security breach. This provides users with an added layer of protection and peace of mind when trading on the platform.
When it comes to fees, Huobi is generally considered to be one of the more affordable cryptocurrency trading platforms. For spot trading, both takers and makers pay a 0.2% fee. With such a transparent structure, Huobi is one of the best sites to buy cryptocurrency.
In addition, Huobi offers a VIP program that provides users with discounted trading fees based on their trading volume. This can be a great way to save money on trading fees over time, especially for active traders who make frequent trades.
Huobi is designed with the user in mind, and it offers a range of features and tools that make it easy to buy, sell, and trade cryptocurrencies. The platform has a clean and intuitive interface that is easy to navigate, even for beginners.
Besides, Huobi also has a mobile app that allows users to trade cryptocurrencies on the go. The app is available for both iOS and Android devices and offers all of the same features as the desktop version of the platform.
Overall, Huobi is a great option for anyone looking for a secure, affordable, and user-friendly cryptocurrency trading platform. Whether you are a beginner or an experienced trader, you are sure to find the tools and features you need to succeed on this platform.
In other words, if you are looking for a reliable and trustworthy cryptocurrency exchange, be sure to give Huobi a try.
9. CEX.IO - Commitment to Security and Transparency
Ranks #9 out of 10 Crypto Exchanges
- + Easy to figure out
- + Different trading pairs
- + Great support
- - Might lack coin options
CEX.IO is an user-friendly platform that offers a straightforward and easy-to-use interface. Its simplicity is well-known among traders and is one of its key selling points, and that’s why it is considered one of the best crypto trading sites.
Additionally, CEX.IO is committed to maintaining strict security measures. Every time you log into your account, you'll be required to use two-factor authentication, and the exchange also sends notifications to your registered email about every login attempt, providing an extra layer of security and peace of mind.
When it comes to fees, CEX.IO offers competitive rates, ranging from 0% up to 0.25%, depending on the specific trading pair and the user's trading volume. These fees are transparent and easy to understand, making it easy for traders to keep track of their costs. For this, CEX.IO can be considered one of the best Bitcoin investment sites available.
Overall, CEX.IO is an excellent choice for those looking for a user-friendly and secure cryptocurrency exchange. Its commitment to security and transparency, coupled with its competitive fee structure, make it an attractive option for traders of all levels of experience.
Whether you're a beginner or a seasoned pro, CEX.IO is definitely worth considering when looking for a reliable platform for trading cryptocurrencies.
10. Binance.US - One of the Best Legit Bitcoin Investment Sites
Ranks #10 out of 10 Crypto Exchanges
- + Simple to use
- + Fiat payment methods - accepted
- + A dedicated tax statement tool
- + Advanced trading functionality
- + Some of the best trading fees
- + A lot of crypto education-related resources
- - Mediocre customer support experiences
- - Lack of security-related information
Binance.US is one of the best crypto trading sites, and offers a wide range of trading options for both beginners and experienced traders. In this chapter, we'll take a closer look at how Binance.US stacks up in terms of security, fees, and user-friendliness.
Oh, but before we get to that, I should clarify something. Binance and Binance.US are two separate cryptocurrency exchanges. To be more precise, Binance.US is a subsidiary company of Binance that complies with US regulations regarding crypto. Thus, Binance is accesible to people all over the globe, while Binance.US is tailored to US-based users.
When it comes to security, Binance.US takes it very seriously. The platform uses advanced security measures, including multi-factor authentication, SSL encryption, and two-factor authentication to protect its users' accounts and funds.
Binance.US also keeps the majority of its assets in cold storage, which means they are kept offline and therefore less susceptible to hacks or cyber-attacks.
Binance.US charges trading fees that go from 0% to 0.45%. The fees vary depending on the trading pair and the user’s trading volume, but you can get a 25% discount on them if you use Binance Coin (BNB) to pay for trading fees.
However, it's worth noting that Binance.US charges a withdrawal fee for each cryptocurrency you withdraw, which can vary depending on the coin.
Oh, and there’s good news to you if you’re from the United States and are looking for the best sites to buy Bitcoins! Binance.US is the only major platform that offers free Bitcoin and Ethereum trading to US-based customers, so you should definitely consider it part of the trusted Bitcoin investment sites available as of writing.
Binance.US is known for its user-friendly interface, which makes it easy for beginners to navigate and execute trades. The platform offers a variety of trading options, including spot trading, margin trading, and futures trading, as well as a wide range of cryptocurrencies to choose from.
The Binance.US exchange also has a mobile app that is available for both iOS and Android devices, which makes it convenient for traders who want to manage their portfolios on the go.
Overall, Binance.US is a great platform for US-based traders who are looking for a secure and user-friendly platform with potentially low fees. Its advanced security measures, varying fees, and intuitive user interface make it an excellent choice for both beginners and experienced traders alike.
In conclusion, finding the best crypto trading site can be a daunting task, given the many options available in the market. However, by taking into account key evaluation criteria such as security, fees, user-friendliness, and feature variety you'll be able to identify the platform that best meets your needs.
The platforms we've discussed in this article, including Binance, Bybit, Kraken, Coinbase, and others, are among the most popular and reputable in the industry. Each of them has its unique strengths, so it's important to do your own research and choose the one that best aligns with your trading goals and preferences.
As a side note, keep in mind that once you choose a crypto trading site, you should also consider getting a secure wallet for storing your crypto assets. Ledger Nano X and Trezor Model T are among those you should definitely consider.
Now, whether you're a seasoned trader or a newcomer to the world of cryptocurrencies, I hope this guide has provided you with valuable insights to help you make an informed decision when selecting a crypto trading site. Happy 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.
Leave your honest Best Crypto Trading Sites: Find the Best Platform for Crypto Trading review
Leave your genuine opinion & help thousands of people to choose the best crypto exchange. All reviews, either positive or negative, are accepted as long as they’re honest. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!