Top 10 Best Crypto Exchanges in 2025

According to some sources, the number of platforms offering crypto trading services at the moment exceeds 1,500. While variety is the spice of life, with so many options to choose from, separating the top crypto exchanges from the sea of mediocre options can feel a bit like finding a needle in a haystack.

Luckily, we asked around and gathered the community input to see which platforms real users trust and rely on. Then, we went a step further ourselves and tested the most popular exchanges hands-on to see how they perform in practice.

In a couple of minutes, you will learn more about crypto exchanges. We will share our results and help you understand what exactly you should be looking for when choosing a crypto exchange. We will also show you how to register and start using such a platform with a detailed, step-by-step guide and provide you with additional valuable insights. 

Key Takeaways

• The best crypto exchanges in 2025 include Uphold, eToro, Gemini, Lbank, CEX.io, and Kraken, to list a few.
• Choosing a reliable crypto exchange is important for your trading experience
• Licensed exchanges that comply with the regulations are more trustworthy.
• Insurance is not a given with crypto exchanges, rendering the use of advanced security measures essential.
• It is best to trade on a highly liquid crypto exchange that supports a large number of coins and trading pairs.
• Trading fees can eat away at earnings, so traders need to evaluate, compare, and choose carefully.
• The mobile app of a crypto exchange can also enhance your experience.

Top Crypto Exchanges in 2025 Are…

Detailed Review of the Best Crypto Exchanges in 2025

Why Trust Webopedia?

Our recommendations are based on user feedback, as well as the research, analysis, and first-hand testing by our in-house experts. A lot of time and research went into creating this article to ensure you find everything you need to make the best decision on choosing crypto exchanges that suit your needs.

How to Choose a Good Crypto Exchange?

Choosing which crypto exchange to trade on is a major decision that can affect your overall trading experience. Substandard platforms can suffer from low liquidity, lack a diverse range of coins, or offer a limited set of trading tools and features that hold back your success.

What’s more, they can expose your funds to security risks or, in the worst-case scenario, steal your holdings and disappear without a trace.

For this reason, we make a point of only recommending crypto exchanges with SAFU that demonstrate:

• License & Regulation Compliance
• High Standard Security
• Minimal Trading Fees
• High Liquidity
• Modern Trading Software
• 24/7 Customer Support
• Large Choice of Crypto Assets
• Any Kind of Insurance
• Reputation and History

In the sections that follow, we will get into more detail and explain why each of these criteria is the most important factor when looking for the best crypto exchange to trade on.

License & Regulation Compliance

A crypto exchange license is not something that the financial authorities give out lightly. To qualify for licensing, exchange operators must meet the regulatory requirements and exhibit a genuine commitment to transparency and user protection. Therefore, holding a license is a good first indicator of a trustworthy trading platform.

What’s more, the platforms that operate without a license risk getting forcibly shut down by the authorities, and this is bad news for the traders who use them. In such cases in the past, traders have lost access to the assets they were holding on the platform, with little to no legal recourse.

For this reason, the best digital currency exchange, in our eyes, is a licensed platform that complies with the regulations and offers reliable services.

High Standard Security

Security is an important consideration whenever discussing any type of financial service, and crypto exchanges are not an exception. These platforms have access to your sensitive data and hold your crypto assets under custody, so they must be safe and resilient.

To help you protect your account from unauthorized access, the best crypto trading app should provide you with advanced security features such as:

• Two-Factor Authentication
• Biometric Verification
• End-to-End Encryption
• Security Key Integration
• Access to Cold Storage
• Withdrawal Whitelisting
• Suspicious Activity Notifications
• Anti-phishing Mechanisms

With the help of these measures, you can maximize the security of your funds, and trade without worrying about cyber attacks, hacking attempts, and unauthorized transactions.

Minimal Trading Fees

While there are several different types of fee schedules that they rely on, all crypto exchanges charge trading fees to cover the cost of their operations. Some of the more popular trading fee structures they utilize include:

• Taker/Maker Models
• Flat Fees Structure
• Tiered Fees Structure

Because of this variation in pricing models, it can be very hard to pinpoint a single exchange and say this is the one that is the cheapest. Different traders utilize different methods, tactics, and strategies, so what’s cost-effective for one user might not be the best choice for another.

Having said that, finding a crypto exchange that offers the lowest trading fees for your style of trading should always be a priority. Even though these fees feel small and insignificant, they can quickly add up over time, and eat away at your earnings, so you should do your best to minimize their effect.

High Liquidity

In the simplest possible terms, liquidity is the difficulty, or ease, with which a crypto exchange can execute trades at the expected price. The concept of liquidity is relevant to all centralized exchanges simply because these platforms depend on an order-matching system to connect buyers and sellers in real time.

In other words, any time you place a buying order at a specific price point, the exchange has to pair it with a matching selling order to execute that trade. The biggest crypto exchanges that handle large volumes of trading activity are typically highly liquid and, therefore, able to quickly and easily match orders at stable prices.

Exchanges with low liquidity, on the other hand, may struggle to find matches for your orders and, as a result, delay their execution or fill them at a worse price than expected.

Modern Trading Software

Beyond the essential qualities, like reliability, security, and cost-effectiveness, top crypto exchanges must also offer advanced functionality to support your trading. A good trading software will be easy to use but also deliver powerful tools and features to help you identify favorable entry and exit points and manage your risk.

Some of the key features to look for in a crypto trading platform include:

• User-friendly interface and intuitive navigation
• Compatibility with both mobile devices and desktops
• Support for advanced order types, like stop loss and take profit orders
• Real-time price charts, technical analysis tools, and indicators
• Customizable dashboards and personalization options

Having access to these features can enhance your experience and help you make better decisions when trading.

24/7 Customer Support

Another quality that defines the top crypto exchanges is reliable customer support. When dealing with digital systems, unexpected delays, bugs, and technical errors are practically unavoidable. And when it comes to your funds, such issues can be incredibly frustrating.

Having access to a responsive team of dedicated professionals to assist with your inquiries can make a stressful situation much easier to deal with. For this reason, we strongly encourage you to prioritize customer support during your research and find a crypto exchange that will be able to help you with all your questions clearly, promptly, and reliably.

Large Choice of Crypto Assets

With tens of thousands of cryptocurrencies in circulation, it is unrealistic to expect a single platform to support all the coins available on the market. But you can still try to evaluate the range and variety of listed coins and trading pairs when looking for the best crypto exchange for your trading needs.

In addition to supporting the coins you are interested in purchasing right now, a great trading platform will also regularly add the latest and most promising coins. This will allow you to explore and identify new opportunities for investment, as well as experiment with different strategies in line with emerging trends.

Any Kind of Insurance

Unlike traditional financial institutions, crypto exchanges are not legally bound to insure the user funds under their custody. Because of this, most exchanges offer no guarantee of reimbursement and simply encourage their users to use the security measures at their disposal to protect their own accounts.

Only the best and largest crypto exchanges maintain emergency funds and offer insurance coverage to their users. However, it has to be noted that these policies do not cover all types of losses and only apply to incidents caused by breaches or failures at the platform level.

Individual account compromises and credential mismanagement are typically not covered by crypto exchange insurance, emphasizing the importance of security for these platforms.

Reputation and History

The bad word gets around quickly. Especially in the crypto market, trust and credibility can be very hard to earn, but incredibly easy to lose. Crypto communities are very active and constantly discuss the reliability and behavior of crypto platforms on numerous forums, social media platforms, and dedicated review sites.

We strongly encourage you to spend some time reading the experiences of other users and learn from their feedback before you decide to commit your funds to a specific platform. It can be a very enlightening experience.

Additionally, we also advise you to research its background and see if you can find information on its owners, any past controversies, how it dealt with outages or cyber attacks in the past, etc. You may find important information that can change your perspective or confirm that the exchange you chose is indeed a trustworthy one.

The Importance of a Mobile App for Crypto Exchanges

Nowadays, virtually all crypto exchanges have dedicated mobile crypto apps designed to provide their users with the best experience on mobile devices. However, not all of these apps are created equal, and some of them perform significantly better than others.

If you are a trader who is not tied to a desktop and often trades on the go, you will also need to evaluate the quality and functionality of the mobile app when choosing the best crypto trading platform for your needs. A top-tier mobile crypto exchange app should allow you to:

• Log in securely using biometric verification
• Scan QR codes to make deposits and withdrawals quickly and securely
• Monitor market trends and price fluctuations remotely
• React quickly to market shifts with one-tap trading
• Set price alerts and notifications for real-time updates on important events

Overall, the best crypto app will not only allow you to trade remotely but also provide you with added value by enhancing the platform’s utility, connectivity, and security.

How To Register on a Top Crypto Exchange in 2025

Now that you know how to spot the top crypto exchanges and which features to focus on when making your choice, all that is left is to learn how to join such a platform. As it turns out, the registration process is not that complex, and we can break it down into five key steps:

Step 1 - Create an Account With the Exchange

1. Go to the exchange’s official website or download its official app
2. Tap or click on Register/Sign up
3. Enter the necessary information to create an account

Step 2 - Verify Your Account and Log In

1. Check your email inbox for a confirmation email
2. Tap on the link to activate your account
3. Log in to the exchange

Step 3 - Verify your Identity (KYC)

1. Initiate the KYC identity verification process on the exchange
2. Submit the documentation necessary for approval
3. Once you’ve submitted, wait for the exchange to verify (between 10 minutes or 1 business day)

Step 4 - Maximize Your Security

1. Activate the security measures at your disposal
2. Enable two factor-authentication
3. Enable biometric verification (face scan or fingerprint scan)

Step 5 - Fund your Account

1. Deposit either cryptocurrencies or fiat currencies into your account to start trading. If you don’t know how to:
2. Here’s a guide on how to send crypto from wallet to wallet
3. Here’s a guide on how to buy crypto with a credit card

With that, you’ve successfully created and activated a crypto exchange account, verified your identity, maximized your protection, and funded your account’s balance. You are now ready to start trading cryptocurrencies.

Final Tips

As a final thought, you need to keep in mind that research and reading reviews can only get you so far, but nothing compares to hands-on experience. Luckily, registering with a crypto exchange is free of charge, and you can join as many exchanges as you want to get a feel of their interfaces, features, tools, and overall performance.

Additionally, we’d like to point out that many of the top crypto exchanges offer demo accounts that let you “trade” with virtual money. This can also be a valuable and educative experience, as your trades will actually be affected by the real-time market conditions, without having you risk a cent of your real funds. Consider trying it out.

Frequently Asked Questions