Crypto exchanges are privately owned platforms that allow you to buy, sell, and trade thousands of cryptocurrencies and non-fungible tokens(NFTs).
These online platforms act as a bridge between buyer and seller, enabling secure, instant, and real-time transactions of digital crypto assets.
Readers! Here’s a big misconception: Many traders and investors believe that if all crypto exchanges are used for the same purpose( crypto trading), then all are the same.
However, if we look at the other side of the picture, we come to know that each one significantly differs. Each has its own separate features, pros, and cons, making it very difficult for so many traders and investors to select the right one.
Now, as far as our suspect goes, you are also confused about which crypto exchange is the best option. If our doubt is correct, you will have to focus your attention on this listicle article. In this informative guide, we will take a detailed look at 10 popular crypto exchanges one by one.
So, let’s start……..
Popular Crypto Exchanges: Top 10 in 2025
- Binance
- Coinbase
- PHEMEX
- Kraken
- eToro
- Bitget
- KuCoin
- Gemini
- Uniswap
- MEXC
1. Binance
- Founded: July 2017 by Changpeng Zhao
- Supported Cryptocurrencies: 350+
- Fee: 0.1% gas fee for regular users.
- Trading Volume: $217 billion per day
Binance has truly made a name for itself in the world of cryptocurrency, and in 2025, it is the most widely used crypto exchange. It handles billions of asset transactions daily and supports over 350+ crypto coins. Furthermore, it has a trading volume of approximately $217 billion per day.
Now, you will be thinking, what sets Binance apart? Why is its name mentioned the most over other exchanges? Don’t worry, after reading its pros, you will clearly understand the reason for its dominance.
Pros
✔️Using it, you have an opportunity for crypto staking and earning rewards.
✔️This can be used on: “Desktop and Mobile”.
✔️It is considered a secure trading platform, taking security very seriously.
✔️Demands a lower trading gas fee( only 0.1%).
✔️Offers higher liquidity across trading pairs.
✔️Binance provides a wide range of advanced trading tools.
✔️It’s one of the best educational sources, offering tutorials, guides, and other material.
Cons
❌Customer response time is too lengthy.
❌Its interface is confusing for many newbies.
❌Limited version in the US.
2. Coinbase
- Founded: June 2012 by Brian Armstrong and Fred Ehrsam
- Supported Cryptocurrencies: 250+ digital assets.
- Fee: 1.49%
- Trading Volume: $2.24 billion per day
Coinbase is one of the most well-known crypto exchanges where a large number of traders buy, sell, and trade cryptocurrencies. This platform offers a smooth and user-friendly interface to both individuals and businesses, making it an ideal choice. Below are some of its pros and cons.
Pros
✔️End-to-end encryption for all trades.
✔️24/7 support through mobile phones and Emails.
✔️Accessible all over the world.
✔️You can buy and sell assets through any payment method.
✔️You are provided with educational resources and tutorials.
Cons
❌Some features and services are not available to all users.
❌The transaction fee is considered higher by many investors.
❌Larger transactions take more time.
3. PHEMEX
- Founded: November 2019 by former Morgan Stanley executives
- Supported Cryptocurrencies: 200+
- Fee: 0.018% for makers and 0.055% for takers.
- Trading Volume: $0.29 billion per day
PHEMEX is a Singapore-based crypto exchange about which many crypto users are still unaware. However, in 2025, it is emerging as one of the most valuable sources of crypto trading due to its lower fees, faster transactions, and many other features. It offers services such as;
- Spot trading
- Reward earning through mining and staking.
- Advanced trading with up to 100x leverage
Pros
✔️Supports a wide range of cryptocurrencies.
✔️Lower gas fee as compared to others.
✔️Unique ways to trade, like staking and spot trading.
✔️Offers comprehensive trading tools and live order books.
Cons
❌Banned in some jurisdictions (UK and USA).
❌Earning is limited in variety.
❌No long-term and fixed trading options.
4. Kraken
- Founded: In 2011 by Jesse Powell
- Supported Cryptocurrencies: Over 410+
- Fee: 0.25% for makers and 0.4% for takers.
- Trading Volume: $0.83 billion
Another user-friendly crypto exchange that is used for buying and selling crypto assets is Kraken. This platform is considered an ideal option due to;
- Crypto-to-crypto transaction.
- Margin trading( both simple and advanced options).
- Providing real-time market data.
Below, we have listed its pros and cons.
Pros
✔️It supports a large number of cryptocurrencies and fiat currencies.
✔️Offers advanced trading tools to traders and investors.
✔️Strong focus on security, with cold storage and 2FA.
✔️Trading fee is affordable
Cons
❌The interface is complex for many users.
❌Limited options for US customers.
5. eToro
- Founded: Jan 2007 by Tel Avis-Yafo
- Supported Cryptocurrencies: 80-100+
- Fee: 1% for trading and 2% for transferring cryptocurrencies.
- Trading Volume: $377 million
Traders who like social trading, eToro stands out as the top choice. This cryptocurrency exchange gives users the ability to follow the trading strategies of other successful traders and trade multiple cryptocurrencies. It is perfect for individuals seeking a comprehensive trading experience.
Pros
✔️You can enjoy social trading features.
✔️Offers free ETF trading in multiple countries.
✔️User-friendly interface( navigating and using it is easy).
✔️ Investment options are also available( you can invest over 100 crypto)
Cons
❌When it comes to customer support, this online platform fails.
❌Higher CFD( contract for differences) fee.
❌The transaction fee is also higher.
6. Bitget
- Founded: In 2018
- Supported Cryptocurrencies: 800 crypto tokens and 500 altcoins.
- Fee: 0.10% maker fee and 0.10% taker fee( reduced to 0.08% with BGB coins).
- Trading Volume: $2.45 billion
Bitget is a web3 company as well as one of the most popular crypto exchanges, where crypto lovers can easily buy and sell over 800 crypto coins and 500+ altcoins. Unlike PHEMEX, this platform also features spot trading, futures trading, and staking options. Let’s shed light on some of its pros and cons.
Pros
✔️A wide selection of altcoins( discussed earlier).
✔️Highly secure platform.
✔️An ideal choice for spot trading.
✔️You can also use it on your mobile phone.
✔️Offers many fiat services.
Cons
❌It may experience regulatory issues.
❌Response time is very low.
❌Not available in all countries.
7. KuCoin
- Founded: In 2017 by Michael Gan
- Supported Cryptocurrencies: 900+
- Fee: 0.1% trading fee
- Trading Volume: $3.40 billion
Another crypto exchange that has revolutionized the way traders interact with crypto trading is KuCoin. This platform offers advanced trading options, such as;
- Spot and margin trading.
- Futures contracts
- Peer-to-peer transactions
- Spotlight feature that is promised for new blockchain projects.
These features make this platform an ideal choice for those who want a smooth trading experience. Below are some pros and cons.
Pros
✔️Competitive trading fee, only 0.1%
✔️It gives rewards to those who hold KCS tokens.
✔️User-friendly interface and very easy to use.
✔️A large cryptocurrency support.
Cons
❌A few options for fiat tokens.
❌Prohibited in many countries.
8. Gemini
- Founded: Launched in October 2015
- Supported Cryptocurrencies: Over 70-80+
- Fee: 0.2% maker and 0.4% taker fee on transaction.
- Trading Volume: $0.18 billion
The US-based and one of the most popular crypto exchanges that ensures high regulatory compliance and security is called Gemini. Crypto lovers! Gemini is the first platform that achieved both SOC 1 Type 2 and SOC 2 Type 2 certifications from Deloitte. Additionally, you can trade over 70+ coins in a highly secure environment. Read its pros and cons discussed below.
Pros
✔️Famous in at least 70 countries.
✔️Instant transactions as well as withdrawals.
✔️It has been licensed by NYDFS.
Cons
❌Only three staking options are available.
❌Fewer currency support options as compared to other exchanges.
9. Uniswap
- Founded: November 2018 by developer Hayden Adams.
- Supported Cryptocurrencies: Thousands of ERC-20 tokens
- Fee: 0.3% with gas fee.
- Trading Volume: $0.0069 billion( $6,944,296).
When it comes to swapping crypto coins and tokens, for example, from Ethereum to USDT, Uniswap stands out. This crypto exchange supports thousands of ERC-20 and other altcoins. Using this online platform, users can easily deposit crypto trading pairs and claim rewards.
Pros
✔️You don’t need to verify your ID through KYC.
✔️This platform supports 12+ blockchain networks.
✔️Seamless integration with multiple DeFi platforms.
✔️A valuable source of passive income.
Cons
❌Only supports ETH-based tokens.
❌When it comes to network congestion, a higher gas fee is required.
10. MEXC
- Founded: Established in 2018
- Supported Cryptocurrencies: 2500+
- Fee: 0%
- Trading Volume: $3.72 billion
Finally, we will end our blog by discussing a well-known crypto exchange named MEXC, supporting over 2500+ cryptocurrencies. An ideal platform for altcoin enthusiasts( whether newbies or experts, it offers a slick user experience and convenience. Furthermore, this crypto supporter ensures secure trading by using advanced wallet technology. Lastly, read its pros and cons.
Pros
✔️2500+ crypto support. This support is not exclusive to any other exchange.
✔️You can start trading without paying even a single coin.
✔️Advanced traders can enjoy 200x leverage trading.
✔️Add extra layers of security when the transactions take place.
Cons
❌Despite accepting the fiat tokens, it has limited fiat support.
❌No options for popular trading products.
❌Investors or traders can’t earn passive income on this online platform.
Let’s Wrap Up Popular Crypto Exchanges
Crypto exchanges have revolutionized the way traders and investors buy, sell, and even swap cryptocurrencies and NFTs. These online platforms come with a user-friendly interface and offer advanced features: Spot trading, Earning opportunities, and even margin trading.
There is a large number of popular crypto exchanges in 2025. For this blog guide, we picked the top 10 and discussed them in detail one by one. We highlighted their overviews and outlined pros and cons.
Hoping! After this listicle article, you will never get confused about which crypto exchange to choose. Right?
Now, we will take our leave. Goodbye👋……..
