10 Best Crypto Trading Platforms

Hey, guys are you a crypto trader and looking for the Best crypto trading platforms? From where you can easily start trading in the crypto world and make lots of money here is a collection of all the best crypto trading platforms. You can use this platform without having any problems.

The given below are the Best Crypto Trading Platforms that include specialized online brokers, crypto exchanges, and payment and cash websites or apps.

We have mentioned pricing as well as how many coins you will be able to trade so you will get a sense of the scope of each website and app.

If you are interested and want to trade the biggest bitcoin, cryptocurrency exclusively, it may not make any sense to work with the apps and website that provides and offers you a lot of other currency or coins. On the other hand, if you are searching for trades whatever is hot and trending at this time, consider an app or website exchange with a more different variety.

which cryptocurrency exchange is best for you at this moment? In this script, we have written the best cryptocurrency and coin exchanges of 2023  based on factors like customer fees, customer support, experience, rating, etc.

List of Best Crypto Trading Platforms

Bewlo we have selected the most trusted and popular crypto trading platforms for you and explained everything. You can choose any of these for crypto trading.

Platforms	Yearly net worth
Coinbase	$90 billion
Cash app	$138 billion
Robinhood	$10.4 billion
Binance	$5.3 trillion
Kraken	$10.8 billion
Uphold	$78.8M
Gemini	$800 million

1: COINBASE: Best Crypto Trading Platform

COINBASE is one of the best trusted and Popular websites for crypto trading and it is well known for its users. COINBASE has never faced a hacking problem in its history. This website provides good features for new traders with simple learning modules that help the user earn cryptocurrency for free.

Why do many people like the coin base?

Coinbase is one of the Popular and best platforms to buy and sell cryptos. The user interface is self-explanatory and simple and users can trade on several platforms and can easily exchange crypto with other digital coins and currencies.

Pros of CoinBase

• Buy, sell, and trade more than 250 cryptocurrencies 
• Earn crypto for free with Coinbase Learn. 
• Simple easy and advanced trading options available! Rating; 4.9/5 stars.
• Tradable coins 250+.
• Visit Coinbase Exchange.
• Large community, quick withdrawals, secure trading.
• Strong security, training academy.
• Sophisticated features.

Cons of Coinbase

• High charges on certain transactions.
• Limited customer help and support.
• High charges on certain transactions.
• Limited customer support.
• No insurance fund, no crypto credit card.

2. CASH APP: BEST FOR MOBILE USERS IN BITCOIN INVESTING

‍CashApp is well-known and famous for its phone payments app. However, CashApp is also the easiest and simplest way to buy or sell  Bitcoin on your mobile.CashApp also allows you to buy, sell, and send  BTC in just a few seconds or clicks.

When you think of cryptocurrency, you might not think of Cash App at first. The financial app is known more for its cash account management or even its ability to trade stocks. But it also offers the good ability to trade crypto, albeit only one  Bitcoin. You can send Bitcoin to other users for free without any charge.

Cash App charges what it calls a “small charge” for trading the cryptocurrency or coins, which will be disclosed before you place the trades. That is in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure.

PROS

• Very easy to Buy and sell Bitcoin with just a click. 
• Easy-to-use mobile app. 
• Supports cryptocurrency and stock investing! 

CONS

• CashApp only supports Bitcoin. 
• Relatively high transaction fees (around 1.75%) 
• Coins available to trade: Only Bitcoin

3: ROBINHOOD: BEST FOR A CRYPTO STOCK.

Robinhood is a cryptocurrency exchange [USA-based] that’s a good choice for the novice investor. The platform Robinhood is commission free and it doesn’t charge any fee for withdrawals or an inactive account. New users or Beginners can enjoy their easy mobile and web trading big platforms and seamless account opening. Purchases can start with as little as just $1.

isn’t just a stock exchange — the platform also supports cryptocurrencies like Bitcoin and Ethereum. The Robinhood mobile app is incredibly easy to use — allowing investors to buy, sell, and transfer cryptocurrencies., it’s important to remember that cryptocurrency is not Robinhood’s main focus at this time, the Robinhood platform supports a limited number of cryptocurrencies. In addition, the platform Robinhood has faced criticism for a lack of customer support and help. 

Why do we like Robinhood? Besides offering a positive experience for beginners, this crypto exchange also gives insurance against cyber breaches and theft.

PROS

• Rating 4.5/5 stars
• Free  stock and ETF trading
• User-friendly phone and web trading platform with no commission.
• Trading fee $0 (zero)
• Minimum investments $0 (zero)
• Tradable coins rupees, Bitcoin, Ethereum, Dogecoin, Litecoin, etc.

CONS

• Limited product range,
• Weak customer and help support.
• Support less than 18 cryptocurrencies  
• Limited cryptocurrency features ( no support for staking) 

4. GEMINI: best for availability in all 50 states.

Cameron and Tyler Winklevoss are the founders of this platform. This platform is popular for targeting regulatory compliance, Gemini is one of the few exchanges available in all 50 states, Gemini is made for crypto investors of all experience levels, this platform has a basic version for new investors and an ActiveTrader platform made for more advanced traders in the field of cryptocurrency. 

Gemini is a highly regulated US-based cryptocurrency exchange and custodian. It also runs out of Canada, the UK, Hong Kong, Singapore, South Korea, etc .it mainly focuses on innovative security solutions to protect users’ assets & allows members to trade ( sell, buy, and store digital assets )on this platform. 

√Why it is the best platform: Gemini is a user-friendly platform for beginners and experienced traders. With security features, an in-house hot wallet, and extensive customer support, it is up there with the best.

PROS

• Available in all 50 states of the world.
• Assets backed by digital asset insurance.
• Easy to use on mobile as an application or app.
• It can Support more than 100 cryptocurrencies 
• Rating 4.6 out of 5 stars
• Trading fees Start from 0.075% and vary based on trading volume.
• Minimum investment $0 (zero).
• Tradable coins Bitcoin, Ethereum, Gemini Dollar, etc

CONS

• Only 100+ cryptocurrencies,
• high trading charges, or fees.
• Limited cryptocurrency selection comparison to another platform.
• Limited help and customer support.
• higher fees than other exchanges 

5. BINANCE: Best for mobile users and easy to understand.

It was founded in 2017, it is a global powerhouse. This cryptocurrency infrastructure to provider & blockchain boasts the largest crypto exchange footprint in terms of daily trading of digital assets. Users can utilize over 350 cryptocurrencies, enjoy strict security, and earn daily rewards.

Binance is the American arm of the bigger Binance organization.it is one of the good crypto exchanges because of its low trading costs. Bitcoin & Ethereum traders can provide commission-free trades, while other currencies are priced on a sliding scale for high-volume traders.

* if you use Binance’s in-house coin to pay trading fees, you’ll get a discount of 25 percent.

*You will also be able to trade more than 130 different cryptocurrencies on the platform Binance, so you shouldn’t have any trouble finding what you are searching for, especially if you want to trade the most popular coins or currencies.

The SEC sued Binance in June 2023, alleging that it had illegally operated as an exchange,

broker-dealer, and clearing agency and offered and sold unregistered security.  lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned against using Binance platforms, while Binance said customers’ assets are safe.

PROS

• Cost-free for Bitcoin and Ethereum, but fees for less-common coins start at 0.45 percent and decline for high-volume traders. A 25 percent discount is available if you pay trading fees with BINANCE.
• Easy to use on mobile as an application or app.
• More than 138 coin exchanges are available.
• Commission-free, but spread markup of 1% percent.
• Coins available to trade
• Good help service.
• Easy for new users.

PROS

• Hard app design which makes it difficult for new user
• Difficult to understand the cryptos bars.
• Major regulatory concerns, US dollars not accepted.

6. UPHOLD: Best For Diverse Investments

(formerly known as Bitreserve) was founded in 2013. It is unique on this list for being the only exchange to offer the capability to invest in assets like precious metals and carbon credits.

Why is it good?…

While Uphold does not charge trading, deposit, and withdrawal fees, the exchange does charge a ‘spread’ on trades based on current market conditions. 

PROS

• It Supports cryptocurrencies and precious metals, 
• More than 250 cryptocurrencies available 
• Crypto debit card available with rewards of up to 2% 

CONS

• Poorly rated mobile app by user.
• Highly variable spread.
• Users have filed a class action lawsuit against Uphold over security concerns.

6. Kraken: Best exchange for advanced traders at low charges.

It was founded in 2011 in San Francisco. Kraken is one of the oldest and most popular cryptocurrency exchanges on the market. Kraken is one of the world’s largest and biggest cryptocurrency exchanges. Kraken offers unique features such as margin and derivative trading and 24-hour customer support.

Pros: 

• Low fees  (as low as 0.16%) 
• 24/7 customer or help support.
• Supports over 150+ cryptocurrencies 
• Margin and derivative trading are available.

CONS

• UI not friendly for new users or investors 
• take up to 5 days for fiat deposits 
• Higher fees

What is the difference between a centralized and decentralized exchange?

 Centralized exchange acts as a middleman to facilitate trade. Exchanges use ‘order book’ technology to match buyers and sellers & allow transactions to happen quickly and seamlessly. 

In decentralized exchanges like Uniswap, user can place their cryptocurrency in a liquidity pool to facilitate trade. For example; you can put your ETH and Wrapped Bitcoins in pools & earn a transaction fee when users trade between these two cryptocurrencies..

Centralized exchanges often have friendlier user interfaces & stronger regulatory compliance than their decentralized counterparts. However, decentralized exchanges are not subject to KYC requirements.

How do crypto-exchange fees work? 

*Transaction fees.

✓When you buy, sell, and/or trade cryptocurrency, you pay some transaction charges.

Certain platforms distinguish between makers & takers fees meaning you will pay different charges depending on how your transaction is characterised. ‘’Makers’ add liquidity to an exchange by creating new orders, while ‘takers’ removes liquidity by completing existing order. Typically, maker fees are lower than taker fees. 

Withdrawal charges

✓.If you want to withdraw your cryptocurrency from an exchange, you may be charged a withdrawal fee. Exchanges like Coinbase charge a 1% withdrawal fee for users. 

Other fees 

You may pay additional fees for other types of transactions —such as buying cryptocurrency on margin, paying for cryptocurrency with a debit card,

What to consider when selecting the best crypto trading platforms?

Before signing up with a cryptocurrency exchange and getting started, there are a few important factors that must be considered. The best cryptocurrency exchanges for your needs will vary depending on your location, the amount of crypto you want to trade, and how you want to trade. 

All cryptocurrency exchanges are fundamentally similar concerning funding and trading. Users of cryptocurrency exchanges can create an account, complete identity verification; fund their account with fiat currency or cryptocurrency, and then proceed to trade and withdraw currency.

The key points of difference to consider when assessing cryptocurrency exchanges are:

Identification requirements: Reputable cryptocurrency exchanges are required to comply with Anti-Money Laundering and Know Your Customer (KYC) regulations. When creating an account, crypto exchange users must provide identity documentation such as a photo ID or proof of address.

Geographic limitations: Some exchanges are available only in certain countries. US-based crypto traders, for example, may not be able to access certain exchanges due to US cryptocurrency regulations. If you’re in the US and are looking for a comprehensive guide to the best crypto exchanges for US-based traders, see our United States-specific crypto exchange guide here.

Trade limits:    Some exchanges may set limits or create tiered sn account levels depending on identity verifications.

Trading charge: Crypto exchanges charge fees to make money. Some exchanges charge a flat percentage of all trades, while others offer a “maker/taker“ model that offers different fees depending on the type of trade orders users make.

Fiat currency support: Some crypto exchanges don’t support fiat currency, such as USD, EUR,  GBP, etc, and deal only in cryptocurrency. If you want to exchange cryptocurrency for USD, for example, you will need an exchange that supports fiat currency.

Deposit and  withdrawal methods: Exchanges that support fiat currency will offer more multiple-choice options for deposits & withdrawals, such as credit card, bank transfers,  wire transfers, etc 

Trading pairs: If you want to trade a specific cryptocurrency, it’s very important to check whether the exchange you are considering currently is listed.

Hacks and security: Hacks occur frequently in the cryptocurrency account or ecosystem. It is very important to choose an exchange with a strong and trusted security track record. Reliable exchanges offer security features such as a two-factor authentication lock.

Frequently Asked Questions (FAQs)

‍