Best Binance Alternatives: Discover Top Exchanges for Your Trading Needs!
If you use bots or automated trading tools, update your API keys and permissions to match the new account. You can stake, swap, and access DeFi apps like Aave or Lido without ever leaving the exchange. That removes the friction of switching between centralized and decentralized tools, giving you more control over how and where you earn.
Best Crypto Trading Platforms Ranked for 2025
As the crypto industry continues to evolve, many traders are looking for platforms that offer features, security, and trading options similar to Binance but with unique advantages. These alternate exchanges to Binance have been selected due to similarities in features, supported countries, accepted currencies, ease of use, trading fees, security, and customer support. This comparison compares the exchanges based on the number of supported assets, trading fees, and overall rating. A strong alternative to Binance provides reasonably priced fees and security. Kraken was founded in 2011 and has grown into one of the largest crypto exchanges in the world.
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Based out of New York, Gemini is another beginner-friendly cryptocurrency exchange with passive earning options. Though, the exchange also provides numerous trading options for the more seasoned investor. They even have their credit card that lets you earn crypto as a cashback reward.
Moreover, the exchange is a top-shelf equivalent to Binance based on the products and services beyond its trading markets. The available features include staking, DeFi lending service to earn interest on crypto assets, and instant spot trading with zero fees. A user-friendly interface is essential for a cryptocurrency exchange, as it enables users to navigate the platform easily and execute trades efficiently.
BestWallet – A DeFi-First Platform for Buying BTC & ETH
- The right pick balances local fiat access with scalable tools for when you need more.
- Professional traders and those experienced with leverage who are looking for a platform offering advanced derivatives products, competitive fees, and a robust trading environment.
- KuCoin offers spot trading, margin trading, and futures trading, as well as a variety of passive income opportunities through its lending and staking services.
- He is passionate about delivering robust and scalable tech that transforms businesses in the digital age.
- Unlike most wallet-based tools, it integrates Solana-native liquidity from Jupiter alongside EVM chains, enabling efficient cross-chain swaps without bridges.
PrimeXBT allows traders to apply leverage of up to 150x on both short and long positions. But for BTC and ETH trading pairs, this goes even higher with a maximum leverage of 200x, which is higher than Binance. Updated insights into Binance alternatives 2025 reveal which platforms are gaining trust. If you’re new to crypto and want an easy start, Coinbase is one of the best options.
What is the best alternative to Binance?
Other fees for trading on the spot exchange are 0.08% (maker) and 0.10% (taker) for users with less than 500 OKB tokens. Overall, the low trading fees and progressive financial management products are pros. There are some cons to using Kraken, such as the basic user interface, which can be complicated for people without trading experience. For example, the process of entering trades lacks a simple order form. Other cons include a limited number of supported crypto assets and markets, no demo trading account, and an outdated charting platform. OKX has maintained a strong share of the market, with around 6% of centralized exchange trading volume.
CoinSpot
Purchasing Bitcoin ($BTC) and Ethereum ($ETH), two of the most popular cryptocurrencies, remains the gateway into crypto for most investors. With so many platforms available, choosing the right exchange or wallet can feel overwhelming. Many exchanges allow transactions in USD, making it easier for users to buy and sell cryptocurrencies. Furthermore, both Coinbase and Gemini are fully regulated in the United States, complying with federal and state-level financial regulations. This regulatory compliance reassures users that these exchanges operate transparently and ethically, reducing the risk of fraud or mismanagement. Kraken, for example, reportedly holds up to 95% of its users’ funds in cold storage, providing an added layer of protection against potential breaches.
These are all fees charged on Bitpanda platform, one of the services that Bitpanda offers. Bibox is a crypto-only exchange and you can’t deposit fiat currencies but only one of the supported cryptocurrencies to its corresponding Bibox wallet. BitFinex is known as the place where the biggest crypto whales like to trade and manipulate the markets to their advantage. Other than that, it offers little benefits to a regular user over what he can find on Binance making it a weak alternative to Binance. They also have their own coin, Unus Sed LEO coin which, if used, reduces all fees by 25%.
OKX has carved out a niche as a comprehensive crypto platform, offering a suite of services that cater to both traders and Web3 enthusiasts. With features ranging from advanced trading tools to DeFi integration and an NFT marketplace, OKX positions itself as a one-stop shop for digital asset management. Bitstamp, the longest-running cryptocurrency exchange, is licensed by the New York State Department of Financial Services and fully accessible to US citizens.
Cex.io – best Binance alternative in Europe
The platform allows for fiat to crypto purchases as well as crypto-to-crypto trading opportunities with excellent APY rates on select coins. Gemini even provides a calculator you can use to evaluate potential trades. However, the platform does not support many cryptocurrencies at the moment. It offers enough coins and features most traders need to travel the cryptocurrency landscape. However, it is not perfect and some of its downsides can harm your finances or worse.
Traders looking for flexibility turn to Bybit for its unified account structure, which lets them handle spot, futures, and options trades from a single balance. This article highlights five serious alternatives that solve specific problems Binance no longer does. Whether you’re seeking better privacy, lower fees, regional compliance, or simply a smoother trading experience, there’s no shortage of options in 2025.
Trust from retail and institutional traders, competitive assets and products available, strong security measures, and is licensed in both the US and Europe. It supports spot, margin, futures, P2P, and options trading, with low trading fees (0.1%) and strong liquidity even for mid-tier tokens. HTX, formerly known as Huobi, continues to operate as a major exchange with 5.8% of market share. The rebranding has been part of a broader effort to regain ground after years of mixed regulatory experiences. HTX has been focusing on global expansion and improving compliance frameworks, while also offering competitive trading fees and deep liquidity. Upbit commands a 6.3% share of the global exchange market, driven primarily by its dominance in South Korea.
- We’ll tour the world continent by continent – Asia, Europe, North America, South America, Africa, and Australia/Oceania – picking standouts for everyday buying, low-cost payments, and pro trading.
- No one really knows what the safest cryptocurrency to invest in long-term is, as there are all sorts of variables that can affect prices.
- Cardholders can seamlessly convert their securities into fiat digital assets and benefit from lower FX rates than banks.
- Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation.
- This model has attracted new retail traders who prefer to rely on the experience of professionals while gaining exposure to crypto assets.
- MEXC has carved out an important niche for itself with an 8.6% market share, making it one of the fastest-growing platforms.
While Bitcoin is often used as a payment method, Ether is another very popular type of cryptocurrency. Ether is the native cryptocurrency of the Ethereum blockchain network, a platform that’s a leader in smart contracts and the overall DeFi ecosystem. While some crypto is based on speculation, there are also growing use cases for some coins and tokens, such as in decentralized finance (DeFi), gaming, and AI. The global cryptocurrency market is booming, due in part to developments like more accommodating US regulatory policy toward the crypto industry. As a non-custodial wallet, BestWallet gives users full Binance cryptocurrency exchange control over their private keys. Security depends on the user’s device and practices (e.g., seed phrase protection).
WEEX – Trade New Coins Before Anyone Else
Another useful feature that may appeal to existing Binance users is the OKX Earn platform. This includes earning interest on cryptocurrencies, obtaining crypto-backed loans, and staking. With the latter, OKX has a diverse range of staking terms and rates for Proof-of-stake tokens. In terms of fees, Coinbase has a maximum trading fee of 0.5% compared to 0.1% on Binance. Therefore, users will need to consider that there is a small increase in fees, which may not be suitable for day traders, for example.
Established in late 2017, KuCoin has surged to become a premium platform for altcoin traders and speculators. Boasting more than 700 coins to trade compared to around 400 on Binance, the exchange is an option for traders who swap between digital currencies. Moreover, KuCoin is often referred to as the best altcoin exchange with its large selection of coins and is also stated on its website. Kraken is a licensed and regulated crypto exchange in the US with FinCEN, except for customers in Washington state (WA) and New York (NY).
Known for its broad international presence and user-friendly interface, OKX has continued to expand its product offerings, especially in derivatives and DeFi-related tools. The platform has been particularly active in Asia, where it competes closely with other rising exchanges. In August alone, centralized exchanges together recorded trading volumes of about $9.72 trillion in spot and derivatives markets. This figure marked a 7.6% increase from the previous month, underlining the strength of the industry despite regulatory hurdles in some countries.