Provider
Bank Transfer
Visa/Mastercard
Available Crypto
Our Score
YES
YES
  • Bitcoin
  • Ethereum
  • DASH
  • + 37 more
YES
YES
  • Bitcoin
  • Ethereum
  • Monero
  • + 210 more
YES
YES
  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • +3 more

Cryptoassets are unregulated in some EU countries and the UK. No consumer protection.

YES
YES
  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • +7 more
YES
YES
  • Bitcoin
  • Ethereum
  • 1Inch
  • + 250 more
YES
YES
  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • +21 more
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • + 80 more

If you’re looking for the best crypto exchange, you might have noticed that, online, there are multiple different options available for you to pick from. Binance, Kraken, BittrexIt can get pretty overwhelming, quite fast!

In a situation like this, all you need is an objective, to-the-point review of the top 10 crypto exchanges (or, in this case - top 8). Well, I’m happy to provide you with one!

Admittedly, though, it’s not really worth talking about the exchanges if you don’t really know the evaluation criteria first, right? In order to ensure that we’re both on the same page here, I’ll give you a quick rundown of the most important aspects of how the best place to buy cryptocurrency should look like, first.

The crypto exchange platforms that we’ll be discussing are:

  • Binance (very low fees)
  • Kraken (a wide variety of crypto coins to pick from)
  • KuCoin (great community support)
  • eToro (ETFs, copy-trading)
  • FTX (oriented at professional traders)
  • Coinmama (good customer support)
  • Gemini (reliable, offers asset insurance)
  • Cex.io (very easy to use)

Best Crypto Exchange: The Evaluation Criteria

As noted in the introductory part of the article, in order to talk about the best crypto exchanges, it’s crucial to first understand the actual criteria by which these exchanges are sorted.

In other words, before you go and register to some sort of a crypto exchange platform, you should probably know a bit more about its security measures, prior security breach history (if there is any), fees and pricing, coin variety, and so on.

Those are actually some of the most important aspects to look at when picking the best cryptocurrency exchange, too. Security is a no-brainer - if the exchange doesn’t have some fundamental security measures, it isn’t even worth looking into.

Some exchanges offer even more than the basic security features, though - an example of this would be 2FA (two-factor authentication), or creation of custom PIN codes.

Best crypto exchange: crypto coins scattered on a graph.

Naturally, you’ll want the best crypto exchange to be easy to use. Meaning, fast registration and verification processes are much appreciated, but the main emphasis still lies in the UI - user interface. Processes like trading, exchanging and buying crypto coins should fool-proof and very easy to accomplish. Wallet access and security settings are also important!

Naturally, no matter if you’re looking for the top 10 crypto exchanges or the top 3 ones, you’ll always want the best option to have multiple coin support. If the exchange supports only 2 or 3 coins, it’s not really going to be worth registering on, at least in most cases.

So, with all of that out of the way, let us move on to the list of the best crypto exchanges of the year!

1. Binance - Super-Low Fees

Ranks #1 out of 8 Crypto Exchanges

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Expiration date: 05/12/2022
2817 People Used
Only 46 Left
Rating
5.0

Binance is a very familiar name for anyone who’s ever done any crypto trades, or was looking for the best crypto exchange. It’s one of the dominating exchanges in the industry, and there are a couple of good reasons for why that’s the case.

For starters, Binance has some pretty high trading volumes. If you’re a complete beginner when it comes to crypto trading (or simply trading, in general), you might not be aware of just how significant this point actually is!

You see, if an exchange has some high trading volumes, this means that people actually do trust the platform, and there are a lot of cryptos that run through it on a constant basis.

Even more than that, though, it means that there are always going to be competitive prices available for you to analyze and perhaps even utilize, if you're quick enough.

You see, if you were to look for some top 10 crypto exchanges (or any number of top exchanges, for that matter), and pick one that has non-existent trading volumes, you’d have a pretty hard time selling or buying crypto coins there, at some good prices.

Binance is also great because it utilizes 2FA - two-factor authentication. This means that the exchange truly does take the question of security seriously (even though it did have some issues with its security side of things, some time back).

Finally, the thing that makes Binance one of the best crypto exchanges out there are the fees that it enforces. You’ll pay up to 0,1% in fees, no matter what sort of, or how much crypto it is that you’re trading. That’s amazing!

Visit Binance
...or read our Binance review

2. Kraken - Over 150 Cryptocurrencies Available

Ranks #2 out of 8 Crypto Exchanges

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Expiration date: 05/12/2022
8766 People Used
Only 59 Left
Rating
5.0

Looking for the best crypto exchange, or simply the best place to buy cryptocurrency, sooner or later, you’re going to come across Kraken.

Admittedly, this might be one of the better options as far as the “best” part is concerned.

What makes Kraken so special? Well, for starters, the exchange in question offers users more than 150 different cryptocurrencies to pick from, in regards to trading, buying and selling. While this is far from the 5000+ different crypto assets that exist today, let’s face it - most people are going to be interested in 3-7 cryptocurrencies, tops.

With a selection of over 150 crypto coins and tokens, Kraken does truly offer a good variety of choices! To add to that, you can purchase cryptos with fiat currencies on the exchange itself - this makes things significantly easier!

Kraken does also have a great mobile app that’s both intuitive and simple to use, and users point out that, as far as the top crypto exchanges are concerned, this particular one can surely boast about its customer support.

Fee-wise, Kraken takes anywhere from 0% up to 0,26% from your transaction. Truly some of the better numbers, at least when it comes to crypto exchange fees!

Visit Kraken
...or read our Kraken review

3. KuCoin - A Dedicated Community

Ranks #3 out of 8 Crypto Exchanges

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Expiration date: 05/12/2022
3827 People Used
Only 41 Left
Rating
5.0

KuCoin is a well-known name in the cryptocurrency industry. The exchange, same as many others on this list, offers its users a variety of different products and services, in addition to the expected crypto trading functionality.

First and foremost, KuCoin allows its clients to trade a wide array of different cryptocurrencies. This includes both some of the most popular coins on the market, as well as some other, more-niche assets. This is great for anyone who's looking to diversify their portfolio, in the long run!

On top of that, KuCoin is also known for having some of the best trading fees in the industry. Both market makers and takers start off with a 0,1% trading fee - as you trade more crypto on the platform, you are actually able to get that number even lower. That's very significant!

KuCoin also has interest-earning functionality, advanced trading tools, and fiat payment acceptance, as well (the exchange accepts 5 fiat currencies). All in all, with strong community support behind the exchange, KuCoin is definitely worth considering, for anyone who's looking for the best cryptocurrency exchange out there!

Visit Kucoin
...or read our Kucoin review

Compare Crypto Exchanges Side by Side With Others

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. eToro - An Advanced (Crypto) Asset Broker

Ranks #4 out of 8 Crypto Exchanges

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Expiration date: 05/12/2022
657 People Used
Only 92 Left
Rating
5.0

eToro is one of the more-interesting names on this list of the best cryptocurrency exchanges. That's simply due to the fact that the platform is primarily considered to be a financial asset broker - cryptocurrency exchange services are just part of its working model.

That being the case, however, it doesn't really take away from the fact that eToro truly does have a lot to offer to its users!

One of the most-unique features of the platform in question is copy-trading. As the term might imply, eToro allows you to follow some high-level crypto traders, and copy their trades. You can adjust various factors, but the point f the matter remains the same - it's a very interesting feature, especially since you can see and analyze the performance of each trader, how successful they are, and so on!

With the realm of (crypto) finance being as complex and confusing as it often is, it's refreshing to know that eToro is also considered to be a very beginner-friendly platform. No matter what it is that you decide to do on this particular broker, you can be sure that everything will be straightforward to do, and easy to understand.

Asset variety, decent trading fees, ETF trading options, and so on - eToro is definitely worth considering!

Visit eToro
...or read our eToro review

Cryptoassets are unregulated in some EU countries and the UK. No consumer protection.

5. Coinmama - Friendly Customer Support, but High Fees

Ranks #5 out of 8 Crypto Exchanges

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Expiration date: 05/12/2022
2375 People Used
Only 92 Left
Rating
5.0

Coinmama is one of the names that do tend to pop up rather often whenever you’re searching for the best crypto exchange. While the exchange in question appears to be well-rounded, in general, there are a couple of things that stand out pretty fast.

Coinmama reportedly has some of the best customer support on the market. That’s both rare, and also much appreciated! Users of the platform report that the customer support is very friendly, yet still rather professional - you’ll get all of your questions answered, no problem!

The exchange is also user-friendly - the features are all straightforward and simple to find (and use, naturally). Even if you’re a complete industry newcomer, you shouldn’t find yourself struggling to figure out Coinmama’s interfaces.

The biggest (justified!) qualm that people have people have with Coinmama are the fees. The platform charges users up to a 5,5% fee - that’s insane! Still, most of the other aspects surrounding Coinmama are quite alright - it does still qualify for a spot on the “best crypto exchanges” lists.

Visit Coinmama
...or read our Coinmama review

6. FTX - A Professional-Oriented Exchange

Ranks #6 out of 8 Crypto Exchanges

FTX differs from many other exchanges on this list, in a few different ways. One of the key differences of this particular platform, however, lies in its usability aspect - FTX is often considered to be a professional trader-oriented service provider.

That's not to say that the exchange is "difficult to use" - that's not necessarily the case. Instead, FTX offers its users a wide array of different, advanced trading features - if you're a day trader, or someone who's looking for advanced functionality, chances are that FTX will offer you the tools that you need, for all of your trading ventures.

FTX also supports over 250 different cryptocurrencies. This is a really significant number! If you're not looking for some super-niche assets, you can expect the exchange in question to probably list the crypto coin or token that you're looking for.

Fee-wise, FTX is also at the top. Specifically, market makers start out with a trading fee of 0,02%, while market makers will face a 0,07% fee. As with many other exchanges, the more you trade, the lower will these fees get. However, these initial numbers are already truly insane!

If advanced features and amazing trading fees are what you're looking for, FTX can definitely be considered one of the best cryptocurrency exchanges, and is surely worth checking out!

Visit FTX
...or read our FTX review

7. Gemini - A Reliable, High-End Crypto Exchange

Ranks #7 out of 8 Crypto Exchanges

Gemini is a US-based cryptocurrency exchange. Naturally, it's a very popular platform to use in the country, granted that it's available in all of the different states, with no exceptions.

Not all exchanges can claim that - good start!

To add to that, Gemini is a fully KYC-compliant platform. While this might not be the best news for anyone who's looking for decentralized exchanges, however, it makes the exchange compliant with all of the relevent laws, and much safer to use than the aforementioned options.

A unique feature of Gemini is that it offers users the chance to insure their assets. Specifically, Gemini insures the digital assets held in their hot wallets. This should provide all customers with some peace of mind, and add an extra leyer of reliability - definitely an amazing feature for one of the best cryptocurrency exchanges on the market!

Hot wallets aside, Gemini does also use cold storage devices to secure their user assets, too. This is undoubtedly one of the strongest security measures that an exchange can take! Gemini's security features are top-tier, in general, and to date, the exchange has never been hacked, or had its security breached.

Visit Gemini
...or read our Gemini review

8. Cex.io - High Levels of Security, Easy to Use

Ranks #8 out of 8 Crypto Exchanges

The simplicity of Cex probably notorious at this point - as far as the best cryptocurrency exchanges go, Cex.io is surely one of the most straightforward and easy-to-use platforms!

The exchange has some very strict security measures, too. These are evident each time you log into your account - in addition to 2FA, you will also receive notifications to your registered email about each and every single login attempt - that’s amazing for those who truly care about the security and integrity of their crypto coins.

Same as with some other crypto exchanges, Cex offers great fees for its users, too. The fees are going to range from 0% up to 0,25%.

All in all, Cex.io is surely worth paying attention to!

Visit CEX
...or read our CEX review

Conclusions

Choosing the best cryptocurrency exchange is no easy task. Even with an extensive list of the top crypto exchanges, it can be difficult to pick out the one that would suit your wants and needs best.

Still, always make sure to concentrate on aspects such as security and fees. If the platform is secure and has some amazing fees associated with it, then everything else can surely be overlooked, at least to a certain extent.

Well, THAT, and crypto coin variety - it’s probably something that is going to matter to a lot of people, too. Whatever the case might be, don’t ever try to ‘shortcut’ and use a platform that nobody has even heard about before. Remember - your cryptocurrency is in stake here!

With all of that being said, I do hope that this list of some of the best crypto exchanges out there was useful to you. Good luck with your trades, and see you next time!


Other Crypto Exchanges In This Category

Here are other crypto exchange related to the category but not as favoured by BitDegree.org Crypto Exchanges readers yet. In my personal opinion, today there are much more optimal crypto exchange in the list with the higher rating that I'd recommend for the same price range or less.

Bittrex - Top-Notch Security

If security is something that you care about when picking out the best crypto exchange (which, without a doubt, you should care about), then Bittrex is surely one of those exchanges that you should pay close attention to.

The main thing that showcases just how secure Bittrex truly is would be the fact that the exchange keeps up to 90% of all of the crypto assets in cold storage devices - in other words, the cryptos are kept offline, without the ability for hackers to access them as simpy as with some other exchange platforms.

Bittrex does also have around 200 different crypto assets for users to pick from (that’s a lot!), and the fees are fixed at 0,25%. While the platform has had some issues with “pump-and-dumpscams before, things do appear to be in check for a while now.

All things considered, surely one of the top crypto exchanges on the market!

Bitstamp - A Reliable Crypto Exchange with a Long-Lasting Reputation

Admittedly, Bitstamp might be the less-mentioned cryptocurrency exchange platform, as far as this list is concerned. That being the case, though, it’s also considered to be one of the most reliable crypto exchanges in the industry!

In a very general sense, Bitstamp is one of those platforms that have truly earned their reputation - it wasn’t an easy feat, mind you! The exchange had to figure out how to solve its security vulnerabilities, as well as how to navigate the ever-changing world of crypto. Today, however, no matter which point you look at (customer service, fees, security, or else), Bitstamp is often regarded quite highly.

The cryptocurrency exchange in question is often regarded as one of the better options for anyone who's an advanced-level trader, and is looking for functionality to match their trading skills. Meaning, Bitstamp offers users those advanced features, and allows them to trade crypto in a professional manner.

When it comes to fees, Bitstamp may charge you anywhere from 0,05% up to 5%. While that is a pretty broad range, for sure, the actual fees themselves depend on your preferred payment method.

All things considered, Bitstamp is surely one of the top cryptocurrency exchanges on the market today!

Coinbase - A Crypto Exchange Leader

If you’ve ever searched for the best crypto exchanges, without a single doubt, Coinbase must have popped up on your radar rather frequently.

This isn’t without a solid reason, either - Coinbase is often viewed as the best place to buy cryptocurrency, no matter what that currency is. Well, OK, perhaps it does matter - but we’ll get to that in a minute.

So, then, what makes Coinbase so special? Well, it ticks almost all of the essential parts of a great crypto exchange.

Coinbase is very simple and straightforward to use. The signup and registration process is quick, and while you have to verify your identity, this doesn’t take long at all, either. The exchange keeps things very simple and, more importantly, minimal - it won’t overcrowd you with a variety of different interface screens and features.

Another thing that makes Coinbase one of the top crypto exchanges is the fact that the platform’s very secure. While there have been multiple different attempts to breach the exchange’s security, Coinbase is yet to suffer a huge hack (think Mt. Gox levels of “huge”).

Now, the one qualm that many users have with the platform is that it does lack some cryptocurrencies. Meaning, you can only purchase specific cryptos from the site, while others are going to be unavailable, even though they are listed.

And we’re not just talking about some unknown, niche cryptos that are unavailable here, either! Examples would include Monero, Tether and Tron - these are some of the better-known names in the industry!

Now, admittedly, fee-wise, Coinbase also isn’t the best crypto exchange out there. The fees on the platform are going to range from 1,49% up to 3,99%, depending on your country of residence, amount of money being traded, and so on. These are some high numbers! That said, Coinbase does guarantee optimal security, and is very trusted among the community.

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 Cryptocurrency Exchange User Reviews

5.0/5.0 - CEX User
2022-11-30

Many cryptos!!

I don't think my lifetime will be enough to try out all the different cryptos that are available on the exchange...:D

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5.0/5.0 - Coinmama User
2022-11-29

helpful!

the customer support is very helpful and replies quicly, the FAQs have many solutions to common issues people experience on the platform

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5.0/5.0 - eToro User
2022-11-29

Personal recommendation

For beginners on the platform i recommend using the social trading feature. It worked effectively for me in the beginning, while i was still figuring out how to trade ''properly" :D as always with recommendations - trust your judgement first!

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5.0/5.0 - Kraken User
2022-11-29

The App

Recently tried out the Kraken app and it was a game changer for short trading sessions!!!

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5.0/5.0 - CEX User
2022-11-28

Good choice

Have been using this exchange for a long time and no major issues have occured. The info on their support section eliminated my concerns

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5.0/5.0 - Kucoin User
2022-11-28

satisfied

props to ku coin for enabling anomynous trading while still maintaining security throughout the exchange platform

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5.0/5.0 - Binance User
2022-11-28

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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Experience
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4.8/5.0 - Kucoin User
2022-11-27

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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5.0/5.0 - CEX User
2022-11-27

Great for beginners

My start on the platform was easier that antcipated. The support section was very informative and resources were easy to understand as a new trader. Now can navigate and trade with ease!

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4.8/5.0 - Kraken User
2022-11-26

Fees in EU

Glad fees on this platform are not too high and deposits are free in the EU. I withdraw quite often so those costs do add up ://

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5.0/5.0 - Gemini User
2022-11-25

thanks for updates

Thanks for the up-to-date news, couldn't find some info elsewhere

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4.8/5.0 - Coinmama User
2022-11-25

high fees

i knew that every exchange charges fees, but on coin mama it really ads up. at least the withdrawls are free

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4.8/5.0 - CEX User
2022-11-25

APP

I prefer the web exchange over the app. Need time to analyse the charts and compare, while the mobile app can be a great alternative for short period of time it can only a fraction of information at a time. I know some people trade solely on the app, but I think it's not for me.

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5.0/5.0 - Kraken User
2022-11-21

SIMPLE

The newbie trading makes it very easy to use the platform!

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5.0/5.0 - Kucoin User
2022-11-21

New trader in town

Very happy i decided to choose this platform as a beginner trader, was very easy to learn and use from the start

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5.0/5.0 - Gemini User
2022-11-20

Quick trades

I started trading on the go more because of the well designed app

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4.8/5.0 - Binance User
2022-11-19

Low fees

I was very happy with the low trading fees and security they offer, but still feel that more info could be provided for beginner traders

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4.8/5.0 - CEX User
2022-11-18

varying fees

for small sum trading CEX is one of the best in terms of low fees! but I often trade in high quantities and larger than average sums, so the fees add up and I end up paying a fortune...

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4.2/5.0 - eToro User
2022-11-16

lowered fees

compared to some other exchanges, fees on etoro are more expensive. fortunately, the fees are not as high as they used to be.

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4.8/5.0 - Kraken User
2022-11-15

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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FAQ

What is the best crypto exchange out there?

This does depend on a lot of different factors! The best crypto exchange may differ from person to person - some people are going to value small fees and easy-to-use UI, while others will only use a platform if it has the best possible security measures in place. Whatever the case might be, though, Kucoin and Binance are usually seen as the best alternatives.

What are the main features of the best crypto exchanges?

The best crypto exchanges are going to have unmatched security features as their main point of reference. Also, such exchanges should possess decent fees, and be easy to use, even for beginner cryptocurrency traders. Exchanges such as Binance and Kucoin do tick all of these points!

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.