Bitcoin Forum

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange

Well!

There are main types of exchanges as Centralized exchanges and decentralized exchanges.

While using exchangers for trading I prefer Bot trading which gives more perfection for trading. And for Bot trading, it needs API data. While testing many of exchangers very few offers in detailed data with API.  Binance and Bitmex for Crypto trading as well as Bittrex and Kraken for fiat are genuine exchangers.

 

I'm pretty sure a lot of people believe that Binance is the best exchange. But I'm also sure that one day there will be an exchange that will take over Binance. If we look recent days or months back, Binance seems have a suspicious activities done by the team, like a sudden maintenance which is not good for me. Other strange thing for me is hacking issue that has ever come to Binance which for me seems like wasn't true, or made by internal team, like they are playing game over us.

No, Binance actually not the best. It just seems the best.

Good list, even some people might prefer the most popular exchanges with good volume. I think its good to give a  try some local exchanges too considering they have high volume and liquidity, if you prefer local crypto to local currency exchange. Just make sure they are regulated by government.

Yes, Binance and similar large exchanges are very loved by the audience because of the large trading volume, high-quality IEOs and rich functionality. But you also need to have a cold calculation and do not forget that no matter how seemingly flawless the exchange would be, it can be hacked by hackers or worse, itself to take fraudulent actions. You can not use the services of one or a small number of exchanges. Risk diversification is the key to save your deosit.

I agree if binance and kucoin, the two exchanges are indeed the best and must in my opinion a trader has an account there,
but for bybit and shakepay I don't like it, because there are still not many testimonials, so I don't want to risk trying there, even though it has advantages like bybit which has the best margin trading.

In fact, there are plenty of cryptocurrency exchange and right now I have been using the binance exchange where now belong to the major exchange. We have different criteria on choosing cryptocurrency exchange and it depends to the users what would be the best cryptocurrency exchange for him/her. Day by day you can see a new cryptocurrency exchange but not all of them are safe and secure that's why you should wise on choosing.

These 2 exchanges are quite familiar to all investors here because these are two exchanges that have appeared for a very long time in the market. Each exchange has its own unique characteristics but I prefer to use Binance because this is a centralized exchange of a lot of good projects and I can buy or sell at any time if I want. Binance is currently the number one exchange in this market so many investors prefer to join this exchange to make a profit.

I'd also agree with you for now that Bybit's slightly better than Bitmex, even though I find Bybit's UI to be much worse than Bitmex's in terms of customizeability and usability, though I'll take it any day over the overloads that Bitmex has. There's still 'scamwicks' on the platform just like with any sort of leveraged crypto exchange out there, and the site's got less volume than Bitmex, but I'll still take it over Bitmex.

The customizeability of Bitmex was what attracted me to the site in the first place. You're able to change just about anything on the trading desktop of the site, things are draggable and expandable and shrinkable, and I find it to be neater and better organized  than Bybit by far. Bybit also doesn't offer quarterly futures like Bitmex does, only perpetual contracts, which could be a problem for some traders.

in my opinion the place of exchange that can be said to be the best is a place of exchange that has high security, has a very high trading volume every day and has collateral with the assets you have, while for an exchange place that has such criteria only exists in the binance exchange place.

Those are the best centralized exchange and I really like binance because its the top choice and their own coin are making a big impact in the market. They also have a DEX where you can trade with a lot of controls on your wallet, and this is why Binance is still on top. Best exchange should be your option for a more safety trades.

Yea I'd like futures and more pairs but bitmex was a nightmare on mobile and that's without overloads

Very good.

But you know what? It seems that you carefully crafted and put your referral links in those exchanges, Lol. And that what makes your article a click-bait here and not helping at all but instead you trying to get someone to register under you. Nice trick!!!

But I have seen worst though,  ;D

For now, I can only comment on few exchanges that I am using.
-Binance
-Bitmex
-Coinbase

And doing some small trades in Tokenomy exchange. Am still studying and trying this exchange site, though.

So far, I haven't experienced such inappropriate things to those exchanges. Binance and Bitmex is one of my favorites crypto exchanges since I can do some stop loss.  When it comes to margin and swing trades, I always consider bitmex. When it comes to the reputation, those who are on your list was always included.

Plenty of the exchanges listed have no ref link which kind of kills your argument but ok.

For me, Coinbase is the most potential and user-friendly cryptocurrency exchange because of having some lucrative features, low fees facility and the vital thing is that Coinbase is suitable to the beginners, not only that but also Coinbase is supported by a large number countries, so you can try it for your purpose, as the second option I always prefer Coinmama in case of a absence of Coinbase, In Coinmama you can use your debit or credit card, also it's user-friendly both the beginners and experts. and my third option is Binance, this hong kong-based exchange is also providing good support for its users, Binance has launched SAFU which is good for a user who could get back 10% of the trading fees. so all these three exchanges I suggest for you.

"big" has never meant "best" among cryptocurrency exchanges. in fact in most cases it has meant the exact opposite meaning the big exchanges are always the worst. because as they are earning a lot more money and have a lot of power they stop caring about their users, they don't provide any good support, their servers go down during massive pumps and you lose a lot of money in these scenarios. and on top of that they are always the biggest targets for hacks and that is only if they don't scam you themselves!

You can check Coinmarketcap where you can get the list of Top 100 exchanges by Trade Volume (https://coinmarketcap.com/rankings/exchanges/reported/). Also, we can check CoinGecko where it gives Cryptocurrency Exchange Ranking by Trust Score (https://www.coingecko.com/en/exchanges). By checking this, we can choose some crypto exchanges and do some research about that exchange, check the reviews and later we can do test trade on that exchange and know how good that exchange is. By doing this, we can get to know how good an exchange is.

I agree we couldn't just tell that it is the best since there are two types of exchange ,
And right now there are so many new DEX that is coming on the crypto society so it would be hard to point out the best.
I think it would only depends on your needs and what suits you the best would be the best for you so it would always be different for each and everyone of us.

There are many exchanges dealing in cryptocurrencies and you can choose one according to your wish or the coin which you want to trade.Most people prefer legit exchanges and which are safe like Binance is good option avaailable due to high trading volume but documention is required which takes time so you can try local exchanges but be sure they are legit as there are many scams in crypto world.

Depends on jurisdiction and desired withdrawal limits

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.

Actually binance exchange is also quite dangerous because it has also experienced a case of hacking so in my opinion not entirely good binance. but the trade volume of the exchange is quite large. so many people who trade on the exchange

Thanks for your contribution. I think you need to make the list of largest exchanger sites by volume and explain all the tools and features they have. Maybe those who have a zero fee trading promotion might be on the list for the best exchangers.

I can't argue with hacking issues about binance, because they're prone to that because of their popularity. But we can't judge them at worst expectations, because there's no exceptions for the hacking possibility. All exchanges is prone to be the victim, and if you want to avoid this certain situations don't store funds on binance or any other unknown exchanges.

These are the reasons why investors feel safe participating in Binance and will be less risky in investing because all coins have very good trading volume. In fact, there have been many big problems happening at this exchange but they still have a quick fix and always have a reasonable strategy to make investors trust this exchange. Binance currently has the highest trading volume in this market and that is now well recognized by everyone here.

I personally believe that Binance will still perform well in the next few years and there will be many new policies to help investors earn good profits.

Just using trade volume to judge an exchange isn't the best thing to do. If I am not wrong, some exchanges (but I guess most of them do that) adds fake volume to their exchange to stand out at the market. That is an unethical thing to do. Rather than just focusing on the trade volume, look for exchanges that have good user interface, an excellent support system and well known coins added avoiding those shit coins.

At least I just often to use two exchanges in your list i.e binance and kucoin and the rest I never use them and even I just know from you. For centralized exchange I just trust for its credibility and how they act when faces some problem such hacking problem and etc and thus far I just believe two exchanges. So, I'll never try to find new exchange which haven't yet popular and its reputation haven't known by most users. Also, I pick some exchanges who can be able to change cryptocurrency to money fiat and I use indodax who can do it so far.

There's a lot of best cryptocurrency exchange like yobit, bittrex, kucoin, hitbtc and there's a lot more.
You can choose what exchange you gonna be like.

I think bybit isn't better than Bitmex. Bitmex is an absolute decentralised exchange with great volume and less trading fees. Moreover they provide huge volumes and almost zero slippage. As far as I know there is no scam accusation against them. Only problem is that their withdrawal fees are a bit on higher side. You can choose your own fees but their recommendation is high. Best thing is their charts which are trading view charts with all unlocked indicators. All on all it's best to trade on Bitmex if you are into leverage trading.

1) I highly recommend sign up for Yobit and get the chance to win a lot of free direct tokens in exchange for free and still participate in Yobit's post pay campaign along with Cryptotalk.org, that's 1000 satoshis per post, 30,000 satoshis a day.

2) Binance is a good platform for spot market and bot trading. If you are just swing or day trading, you can probably get everything done here. The prices in BTC terms for most coins is also higher than other exchanges, might be because of the volumes on Binance. The tech is stable and the support is good.

3) For a first time buyer, I would recommend Coinbase. It has the easiest UI to use and you can get your Crypto instantly if you want. Every exchange has some horror stories but Coinbase is the most widely used.

4) Bittrex works fine for me but some people have had problems with their verification system, even getting locked out of their account until they verify. I would just set up the enhanced verification from the start and there shouldn't be any problems. Other exchanges have different options, layouts, and liquidity for pairs, so it depends on what you want.

unfortunatelly, the last two IEO from binance is the worst coin in launchpad so far, and now falling down from IEO price
Band IEO price was .473 USD, current price .34 USD
PERL IEO price was .07743 USD, current price .0319, more than 50% lose ;)

Well" your right for that mate binance is the most popular exchange at this time a lot of trader cgoose binance because for the great service and reputation of that exchange, but do not be offend mate not all traders are using binance at all, some of them they use old exchange for their convenience.

I have no experience with ShakePay because right now i heard regarding exchange from you, i think it’s only used in Canada that's why users is too much low in this exchange. Even it’s not listed exchange in coinmarketcap so that it’s not familiar for majority of the people’s. I am using specially Binance (i agree with you this one is overall best exchange undoubtedly) ,KuCoin,Kraken those are you already mentioned in your article. BitMex is the best in many type of trading not only margin trade. Why OkEx and Huobi Global are missed in your list? Still i never used Bybit exchange and i checked in CMC but not showing any data what happened with it.

I'd love to know what exchange you think is *actually* the best, if not Binance.  There are others I use that seem to be just as good, like Kucoin.  Polo was decent, but they're ditching U.S. customers...so I actually do think Binance rules at the moment.  Yep, some other exchange may take its place eventually but it hasn't happened yet.

Being from the states, I'm really only familiar with a handful of them.  I know there are many in Asia and they might be just fine, but I haven't heard of many of them and I don't know if they're reputable or not.

Thanks for your thread @cryptoadvocate. I just visited your attached website you referred here. There are lots of websites which offer the same kind of exchange services. But I think everyone should take a closer look before choosing a cryptocurrency exchanges. Here are a few things which I marked:

1) Location
2) Reputation
3) Security
4) Volume and Liquidity
5) Customer Support
6) Cryptocurrency Exchange Fees
7) Usability
8) Payment Methods

Besides there have some other options. You might read a brief article How to Choose the Right Cryptocurrency Exchange (https://all-stocks.net/how-to-choose-the-right-cryptocurrency-exchange/). Hope that help!

Yep shakepay is Canada only

Your right even me i prepared to use bittrex and poloniex exchange  this exchange i was using since i started my crypto currency journey, as of now i dont have any problem with both exchange this binance is only being hype because of too many news article that always mention this exchange .

Okay, please let me give my opinion about an exchange.
We are now in decentralized space. Even though we actually live in centralized system (government, banks, etc), but we are mostly active on decentralize area.

Binance, Poloniex, Bittrex are centralized exchanges. Centralized exchanges are sometimes good but later they will be just other centralized systems. They will eventually be the same.

For me, there is no best exchanges among those centralized products. Once we think it's the best and we start believe it, we could lose our mind and agree with every decision they take, we would never think they are wrong even though. Why that matters?

Cause in the decentralized world, we should not trust no one. Being skeptical is good.

US users are certainly running low on options

Yes, for US people there are very few options for cryptocurrency trading and recent Binance exchange launched Binance for US residents, but I think there are some states which they cannot use the Binance exchange is that right?

In fact, the two exchanges Binance, Kucoin are always the choices that many people choose because these are two exchanges with very high transaction volume at this time and some projects here help a lot of investors make good money. I have been using Kucoin for the past one year and everything at this exchange is very easy to use so if you are looking for a exchange with lots of new coins then this is the option for you.

Currently, Kucoin has many promotions for new participants and the upcoming roadmap of this exchange is expected to be very promising.

Hitbtc is better avoided. Withdrawal fees there are quite large. I even made a withdrawal of his fee 2-4 x times the other exchange rates. very burdened for traders with small capital because their profits are also not large.for other exchanges I have never used it

Your article seems like decent one but why coinbase exchange is missing on it it is one of the best crypto exchanges available now. If you can you should also include coinbase into your list with available countries for people to find better platforms to trade.

Coin base fees and funding time are atricious

can i see your list ? on what board did you posted it  . maybe you posted on different board and op didnt see it but he is always welcome to use the search function to avoid double posting or maybe he have something different on his own thread .

i agree on binance because its familliar . i think all of the crypto users/traders will agree that this exchange is a good one but this is the first time i hear bitmax but why not? if its service is good , it can become one of the top exchange in no time  .

Agree with you buddy. Yeah, they have good reputation on the market. But side by side you should give some space for the new crypto exchange as well all-stocks.net. Because new one can do better too. Though it's new and launched recently but have some good reputation on the market. Especially the coupon code which is available for the new users "ALLBTK". Anyone can register easily no hidden charges and no fees for the first 3 months. So I am a little bit impressed at using this platform.  

What else is on your list

For now, I'm quite satisfied with the exchange I use - CEX.IO. Why I chose exactly this one? I liked its market, quite vivid and, by the way, is being currently expanded. Also, it's strong security though very exhausting from time to time (if talking about verification process). And I like the idea of providing a separate platform for trading, https://cexbro.com/. Haven't tried it yet, but very passionate about it and planning to test it in the nearest future.

Some of them I do not really know but hoping to bump with them.
Although I agree with some of it.
Binance as my top on the list also and Kucoin and Bitmex too as my secondary trading platform. Back up whenever Binance is in maintenance.

You could also put in the list OKex. It has some good features too and the UI looks pretty cool to the eyes.

Theres no doubt that Binance would be the main selection on here knowing that this exchange is on the top rankings atm. Just seen that this was a self preference selection for OP on what exchangers he do like the most and ive seen some unknown or not so popular into the list.You are right it isnt really that bad to close up our selection since there
are really some exchangers which can do the job well too or the service that it gives.Its better to had more rather than on focusing on a single one.

We are only saying its the best now cause there is no recent decentralized exchange that is working towards effective like it does.
Binance is really doing their best, just one issue that they kept having is full security of users funds.
In the future, I do like to see a competitor capable enough with great feature

I and several others support Binance as the Best Cryptocurrency Exchanges, so far I have not found a problem faced by Binance users
I hope that the good reputation that has been received by Binance can be maintained consistently.

Let's hope!

I think at this time the best exchange place is still held by the Binance exchange, I feel like that because the trading volume at the Binance exchange is always high, different from other exchanges where it seems that the transaction is not too crowded.

You need to enter exchangers with high liquidity, then exchangers with the lowest taker fees and the lowest withdrawal fees. I have seen many threads and many articles titled the best exchanger recommendations, maybe your article is one of the best, clear information and easy to understand.

Tradesatoshi is best exchange i trade with ... as there are lots of exchange but at tradesatoshi exchange support service is very good and very fast ...your deposit and withdraw is very fast and most important is at tradesatoshi you receive tips at chat and you can claim from faucet. some of the time when new crypto coin introduce  they rain every hour for around 10 days as we receive lots of WIN and HORA coin with that rain . i deposit and withdraw so many time with Tradsatoshi and i receive very fast even with in a mins. if you trade in crypto currency try tradesatoshi its really nice place to trade.

i hope lots of you like to try this site ..

https://tradesatoshi.com

Low on option, I don’t think so, they still have a handful of exchanges that are operating within them, don’t forget that Binance even created a special exchange for them, Coinbase is still there, kucoin is there, and others. It is only Polenix that I know is shutting US traders out of their platform without making any provision for them, and who cares much about Polenix anyway, they already lost their glory and I don't think that it is now they should be doing all these that they are doing.

The best exchange has been binance, and that has also been the choice of most United states citizens, which they now have a separate exchange from them too which they can carry out their trading transaction, so US is not running low on any exchange.

Even though binance also has so many problems and also negative issues, I still believe in and believe in trading on the exchange. the main reason is volume. there trading is quite strategic for me who has a daily trading target. there also provide features that are very responsive to the appearance.

In my opinion the best cryptocurrency exchanges must meet the following criteria
1. Have a large trading volume and of course it must be real volume
2. There are many pairs available for trading
3. Equipped with complete security facilities
4. Cheap takers and makers
5. Easy and fast to make deposits and withdrawals
6. The customer service fast responders

So far exchanges that approach the above criteria are Binance, OKEx and Kucoin.
This is in my opinion personally, it's up to people want to follow my advice or not.
It's everyone's right to decide.

In the first place, there is no perfect exchange, although Binance is one of the most popular exchange its still not safe from criticism of some unsatisfied users but the game here is when more people are satisfied that dissatisfied people an exchange will usually win.

And you are correct, in terms of volume Binance is very stable and they are not accused that they are wash trading or faking their volume.

In digital trading is easy to trade anywhere and some issues also occur at sometimes. But trusted exchanges are always safer so Binance is one of the best trading sites. Obviously trading strategic planning platform so those are trade continuously they have good knowledge in crypto platform. May be some new traders are little panic and face some issues.

I already guess that Binance is the best exchange. Binance plstform is user-friendly and easy to use the chart when customizing and easy to execute a trade since there is a lot of traders using their exchange and that's why you can see a lot of volumes in cooinmsrketcap website when checking some altcoins that is listed.

And also Kucoin is a good exchange and never experience any delay with the any transaction and also very secured when logging in.

No, it is not easy to trade everywhere as there is always the issues of hacking and many other problems, so while trading one must go for the safest exchange.
Well talking about Binance we should not blindly trust on it because there is also the risk of hacking but one thing is that now a days it is the only option, the most trusted exchange than any other. still you have to transfer your money to cold storage.

Nice article but i think there is also some great exchange you missed. Binance, Kucoin, Bitmex, Bybit is really good for their position. Other exchange you mentioned which are not popular in crypto market i guess. I think OKEx, Coinbase, Huobi Exchange, Fatbtc, BitForex are also good competitor for your article. New exchange VinDAX is also quite good exchange for lower fee category.

Most of his list isn't popular in the market and people could just ignore them since traders are choosing those exchanges that have gain market respect already. And I hope OP could think to list old and running exchanges. We've known that there is huge market competition ad most likely traders would be prepared those sites that have a good trading volume rather than to consider these new and low liquidity exchanges as listed by OP.

Bittrex was once the market leader, now practically dead. Same with poloniex. Old exchanges that don't innovate dont last

Absolutely right. Here in digital crypto currency if you want to survive then you have to upgrade yourself in every steps. couple of years ago Bittrex, Poloniex, Cryptopia were main trade exchange for trader but now they are literally vanished. And in my opinion it's totally okey to choosing those exchanges that have gain market respect already.

Currently Binance is not the number one exchange in terms of volume. But Binance is number one here in bitcointalk based on comments here. Majority of my friends too use Binance. The same reasons, security and reliability compared to the newer ones. BNB is also the most valuable of all exchange tokens.

Volume can be faked, but people's review will tell the truth. It is good in here when people feel doubted when want to use an exchanges, or maybe any sites related of crypto ask in here first. For me, what my favourite exchanges also Binance. Listed a lot of coins and tokens, have very good reputation, simple to use even we don't need to do KYC and can trade in Binance.

I believe  Bittrex will do the upgrade as well as Poloniex to bring back their reputation but somehow it takes time for that. I know we put that some consideration of being out from the list since they are not doing great nowadays. This is huge market competition, believing that to become more competitive today, these exchanges will do differently from the others, this is what we called it market strategy just like what Binance did.

I often use Binance to trade because this is a very friendly exchange with all investors and the trading volume at this exchange is very high so there won't be too many liquidity problems. Currently, Binance has gained everyone trust and I believe that this exchange will continue to grow stronger in the near future because Binance only lists good projects.

In fact, in the top 10 exchanges at CMC there is usually no appearance of Binance and this is really funny. Hopefully, CMC will eliminate fake trading volumes so that investors can know exactly which exchanges are best.

Well, i think we can't blame CMC because they show what is actually happened although it is "fake volume". Maybe those exchanges only want to attract people so people their site. But i think people for now already know which have fake volume, or maybe real volume.  Or if they really doubt want to use the other exchanges or not, they can see people's review in here.

We can't blame coinmarketcap fully because the data on the trading volumes of the exchanges are not theirs to know and gather. But they could be stricter than they are right now and require trading platforms to prove that the volumes they are submitting are real volumes and not fake ones. CMC has to initiate something on this because this is getting rampant. CMC cannot just accept whatever volume data is submitted because if that is so a shitty exchange might suddenly submit that its 24-hour volume is reaching 1 trillion.

What is the basic problem you have identified with the Binance exchanges and what are the negative comments can you please list out those. I am not a complete fan of Binance exchange, but every exchange has a problem, can you show me one exchange that doesn't face any problems. We should always try to find security to our coins.

Just a few notes before picking your desired exchange:

Please do note that before you choose your exchange, look for one that has the lowest exchange fees. All exchanges have fees in every transaction and this may cause a fortune especially if the exchange is relatively new.

Another thing, security is very essential and collateral. Ever since what happened to coinbase a few years ago, I migrated to our LOCAL exchange and put almost all of my BTCs there in order to prevent such from happening again.

The best cryptocurrency exchanges at the moment are Binance and Huobi. Both have good liquidity, a large number of trading instruments, various other options for traders. But these exchanges are centralized. Of the decentralized, the best exchange is Idex. It has the best liquidity among all decentralized cryptocurrency exchanges, as well as, it is the fastest and has a nice design.

You can find the top 10 crypto exchanges here from this article https://coinswitch.co/news/10-best-cryptocurrency-exchanges-for-crypto-trading-in-2019. 

#1 Coinbase Pro
Coinbase Pro was one of the early cryptocurrency exchange platform, founded in 2012, based in San Francisco, with a valuation of around $1 billion.

Supported Coins: BTC, ETH, BCH, LTC, ETH, ZRX, BAT

Trading volume: $217,481,180


#2 Binance

Supported Coins: Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, DASH, Litecoin, NEO, GAS, ZCash, Ripple and many more.

Trading Volume: $1,724,874,280

I personally recommend Binance!!

Two exchanges Huobi and Binance have always been talked about a lot during the past few years. I think there is no need to introduce it to everyone because almost everyone who comes into this market knows about this exchange. I often look for new potential exchanges like Bitmax to join because I have so many different investment options and want to find new experiences in investing.

Centralized exchange is always my top choice in this market because everything is great and you can fully control the situation if something goes wrong. Of course sometimes I also use decentralized exchange to find new projects for long-term investment but the risk can be very high.

Bittrex has closed a number of international subsidiaries. Think it's as good as dead

There are number of centralized and decentralized exchanges dealing in various cryptocurrencies and you might choose any of the legit exchange keeping in view the coin in which you want to trade.Some of the best option are Binance,Kucoin,Coinbase as they are more popular among people and have good volume of trading.You can have your own choice.

I actually don't know what to be the system, but maybe it is automatically updated in CMC. If want to strict about what exchanges can listed in there, it will be hard. Of course site like CMC need cost to maintain their site, and they need income from it. And then, maybe it is something that iresistable. Something that we can't do anything which is already there, and we just need to make research by ourself.

One of the reasons for this list :)

There are still quite a lot of very good exchanges on the cryptocurrency market, but I also have to use little-known exchanges, because I own tokens that are only traded on certain exchanges.  Nevertheless, for me, the best exchanges were Binance,  bitmax, bit-z, Bitrex and hitbtc.  Each of them has its own very good functionality and interface.  For example, Binance is very well balanced technical and every trader will support me in this.  But as for Bittrex, recently a lot of negative information has appeared that this exchange is leaving the market and other fraudulent projects appear that use the name Bittrex.  I don’t even know who to believe in this situation.

This is great! Although it would be cool to see some marketplaces like Vertex (https://vertex.market) on the next list. I find myself using them a lot more than exchanges these days.

Bittrex, Bitmax and Binance are best exchanges and these are exchanges I tried maximum number of times to sell and buy the small alts and tokens. We really need to have some good iOS and Android apps for these exchange platforms.
But apart from Binance all have API based third parties app only.
I believe they have such to grow bigger than the current situation.

Binance is the most popular exchange and the biggest in volume, but that does not fully mean that binance is the best, they say if you have not gotten to another man’s farmland, you would think that it is your father’s own that is the biggest.

There are so many potential exchange in the market too that could compete with binance in terms of trading fee and in terms of security, but we all cling on to binance today because of the hype that has been existing which the team of binance has really been keeping up the flame. Binance is a very great exchange I would not dispute that, but we still have very good exchanges too that we can use in place of binance and would give us the best services that we can ever think of or imagine right now.

Well done for compiling the list of such amazing cryptocurrency exchanges. Not many people will put their time to gather such a good list of popular cryptocurrency exchanges. Binance is one of the best and popular cryptocurrency exchanges no one can deny that followed by Poloniex, Bittrex, Bitfinex, Okex, and Kucoin.

I agree with you . Apart from Binance, there are many other potential exchanges available in this market. What investors need is safety because a lot of big exchanges have been hacked this year and make a lot of people feel nervous about investing. I think in the near future we will see a lot of other leading exchanges appear and compete with those already available in this market.

At the moment I think Bitmax is an exchange that many people expect because it is a very good exchange and has a very low transaction fee so it will be suitable for investors who love long-term investment.

Thank you!

Vertex is new market.maybe vertex doing great,maybe in future they will be best But this time vertex is not best exchanger.Binance,bittrex,poloniex is far better than bettrex.theses are old exchanger and people trust these exchanger. Though after banned 31 countries bittrex lost few peoples trust.So,better to use old and trusted exchange.     

I think every trader or investor has is choice of exchange which is best suite for is satisfaction so I believed norminating best exchange depend on individual choice. The aspect of hacking is what seems normal most especially when it comes to full online based platform because as everyone is trying to improve security so also hackers develop different mix on a daily basis so it might not be what you think about Binance beside security is paramount you and I also have a row to play.

See there are many legit exchanges which are popular among people and they are centralized and decentralized but it totally depends upon your needs like the coin in which you want to trade,documentation,withdrwal fees and other factors.Some of the best exchanges are Binance,Coinbase,Kucoin in which you can trade and deposit your funds.

Yeah everyone has its own choice for choosing any exchange because everyone search for their own interest and like the exchange which fulfill their demands, and I think you are right the hacking problem is not only faced by the few exchanges but it is the problem of all the exchanges, we can’t avoid this risk but we could minimize this risk by choosing the best one.

Sounds like Bitmex has been hacked. One more reason I recommend Bybit in my review.

Yes, it completely depends on our mindset because some people will choose decentralized exchanges and some will choose centralized exchanges based on the fee they will charge. That's why should always choose the potential exchange which higher volumes even their fee seems to be high because our funds will be secured in those exchanges like Binance.

   It`s not a mindset that should play important role in choosing exchange. There are factors, important factors, and some of them
are mentioned by Aysg76. You need to have valid reason why you choose something, not just because you like it or cause others
say its good.
   For me two things are most important, safety and trading/withdrawal fess! Decentralized exchanges are safer, but centralized have
higher volume and higher withdrawal fees. I give advantage to decentralized whenever I can!

Is not as if they can't make it possible or implement it but because, I believe, that apps 'might' make them vulnerable and more exposed.
It's not easy to set up a app for exchange without it acquiring one issue or the another. Binance crossed that bridge and this made it more competent than other exchange you mentioned.
Moreover, people don't like going about carrying an exchange app around on their phones because of criminals.

why do you need any other than binance? ::)

That's why they're ranked as best overall. But still lacking in order flexibility

Because people always say Binance is the best exchange. Maybe because binance is always the stuff of news, and even if they don't use it, they still say it's a best exchange.
And even if they don't know the true rank or status of Binance, they still say so.

In my opinion Binance is still a choice that many investors trust because many of the good coins are listed here and have very high trading volumes so we do not need to worry much. People of course will have different options in choosing and good exchange will always be top priority. I personally only join Binance because this exchange has a lot of trading tools and there are often lots of promotions for everyone.

As a New I can say Binance and coinbase are the best cryptocurrency exchange for investing.

I think the list is good, but not complete. For example, Binance may be the best, but that does not mean that the others are useless. Obviously, you can not know the best of everything, because what is best for you may be a worse exchange for someone else or it can be restricted in his country. So you should write about at least the top 5, not single exchanges.
Or you could add additional DEXs. DEXs have also started to increase recently, this indicating that demand has been increasing.

Indeed I should do one on DEXs

I am a user of two of the large exchanges mentioned on the link that you include, namely binance and kucoin. this is indeed the best exchange for altcoin and bitcoin. because I am a crypto trader who prefers altcoin trading with BTC pairs. and 90% of trades are users, not bots. so all price changes are reasonable.

Fees too high for coinbase

Why people are a lot of interest in Binance exchange is because they are very transparent towards their customers and active developments from the team in order to get more exposure for Binance exchange. Every time they are adding good features in Binance, this makes many people are showing lots of interest towards Binance exchange.

The best exchanges are those that have high trading and do not falsify trading volumes. I know a service that provides real data - https://neironix.io/. At the same time, they explain how they calculate real volumes. The best exchange, in their opinion, is Binance and Coinbase. But I think that in the second place must be Huobi

Binance is still the best king of Exchange compared to other Exchange, They are always fair without doing fake volume, the volume there is also very high so it is suitable for daily traders. But I also like the local Exchange in my country, also has a good volume.

The exchanges that I know of in this market all use fake trading volumes and that is not recommended in the crypto market. I personally don't like this because the fake transaction volume directly affects the data at CMC and is often never accurate. Although Kucoin and Binance are good exchanges, there will still be some coins that have low transaction volumes and are considered shtcoin when investing.

Anyway, these two options are still much better than other exchanges because many exchanges have 99% fake trading volume in this market and that is the number that any investor is surprised to trade.

Binance will always be the best exchange, I am doing daily trading there and the pump and dumps of every coin is actually fun to play with, But sometimes I am going to our local exchange, (Hodling purposes). I don't like to hold coin at the binance because simply when you need it, iw will takes time to withdraw. So if daily trading I will go for binance, for longterm trading I will go to our local exchange which is coins.ph

Not sure about always but for now anyway

Binance is now the most favorite exchange for many people, I also often trade daily on Binance because I see the coins that are there are very active, to save assets there I also have no problem because Binance has no problems like in other exchange hacks so it is very where in holding long-term. That is a favorite exchange.

It will not "will always" i think, right now decentralized exchange has become a trends and people are likely to use it. But maybe right now there is no decentralized exchange that has services like big exchange such as binance yet. But i'm sure one day people will move to decentralized exchange because the cryptocurrency world will really become decentralized in terms of the coins and the exchanges.

Did you give a try to our services?

It is difficult to keep track of all the pros and cons of the individual trading platforms. However, I have found the websites https://www.daytrader.dk/ and https://www.invested.dk/ very helpful.

We do have some couple of good DEX nowadays but people arent still considering on switching from CEX to DEX.We know the comparison among the
two and the main ones is that DEX wont able to had that fiat and crypto pair thats why people doesnt stick out or support hardly on dex ones.

It is pretty obvious that traders will do as they don't want market manipulation which is somehow it happens at centralized exchanges.
DEX is different and traders appreciate it but not to disclose also that some of them are still not performing well. Even though we think that DEX is good to use but we must also see those good ones just like BNB, Forkdelta and IDEX.

This is my list:
Binance
Houbi and Hotbit.
Binance and Houbi are two exchanges with large volumes and many attractive IEO.
Hotbit is where I can trade new currencies, and sometimes those investments are quite profitable.
I sometimes use forkdelta to sell some erc20 tokens.
However, no matter how good the exchange is, you should not put all your money on it, do not put all your eggs in one basket.

Well, these are a good exchange, it's a nice example. Well for me, I would prefer Binance and Bitmex for Crypto trading because it is proven and tested that you can be able to earn big profit here and it is recommended by a lot of traders all around the world. Much better to look for a trusted sight especially right now that there's a lot of hackers and scammers already and don't leave your fund in exchange.

I never tried Bitmex exchange. Still best exchange for me is Binance and Kucoin because i never experience any issues using this exchange and making a transaction is really fasy even thou there is sometimes a delay when making a deposit maybe because of the confirmation.

But still this both exchange are good and already made a big profit when they have an IEO before.

I did not try about bitmex exchange, Ill do not know on what kind of exchange it is and I heard that name only in this forum sometimes. But the binance exchange and kucoin ill think this two you mention was great exchange that I know for now and a safest exchange that I use for trading.

And yes it made a big profit before in  IEO and ICO, Actually their are trusted exchange site that we did not mention but binance and kucoin are in my list right now.

We could see a lot of exchanges existed today but only a few of them give a good shot for the eyes of traders and investors. It is most likely that some of them just exist for nothing or just to scam people. If we could see here https://coinsutra.com/best-cryptocurrency-exchanges/

not all of them sound familiar to everybody cause we are only focused on the best one and we're not trying to go for another cause we are satisfied enough of what we've experienced.

I think the best cryptocurrency exchanges are not hard to find these days because they are very popular already. If you'll ask about Binance, Kraken, Poloniex, Bittrex, Kucoin, OKEx, or Bitfinex, no one will tell you these are bad cryptocurrency exchanges because they maintain their reputations very well.