Top 6 Cryptocurrency Exchanges in 2023

Pro & Cons

Features are available on Kraken Pro, like margin trading and staking.
Good customer service options, including a chatbot.
Low Bitcoin (BTC) withdrawal fees.
Publishes a wide range of educational material on cryptocurrency.

Not available in all 50 states.
Accepts only a select few fiat currencies.
Many users complain about hacked accounts.

Gemini is well suited for crypto traders of any skill level. The platform is packed to the brim with scores of features, like its unique Gemini Earn program for earning interest on crypto holdings and the Gemini Credit Card. Another major plus is Gemini is available in all 50 states, and the company says it has a strong commitment to meeting all U.S. regulatory compliance requirements.

Pro & Cons

A Simple, intuitive user interface.
It’s available in all 50 states, including New York (a common omission among other crypto exchanges).
Its users can earn crypto rewards with the Gemini Credit Card

Overlapping fee structure when not spot trading.
Limited customer service options.
Some popular coins aren’t available, such as Cardano (ADA).

Crypto.com provides a very good selection of cryptocurrencies, with more than 250 available. The platform offers unique perks and crypto rewards for Crypto.com Visa Card users.

Crypto.com is a cryptocurrency exchange company based in Singapore. As of 2022, the company has 50 million customers and 4,000 employees.

Pros & Cons

Trading fee discounts are available for users who hold high balances in CRO.
Get 8% cash back on Crypto.com Visa debit card spending for users who hold high balances in CRO.
Limited margin trading is available.
High cybersecurity ratings.

Lower-volume trading
Higher trading fees.

KuCoin provides access to a wide library of altcoins at low fees. KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, Gari, etc.

The platform is headquartered in Seychelles, with a growing number of users in Asia, Europe, the Middle East, and Africa. While U.S. users can access and use the trading platform, KuCoin is not licensed in the U.S.

Pro & Cons

Competitive trading fees.
They have Volume discounts on fees
Advanced features like margin trading and futures trading.
Accepts credit cards and debit cards.

It is not licensed in the U.S.
Funds kept on the platform are not insured.
Suffered a major hacking incident in 2020.

Coinbase offers more than 150 tradable cryptocurrencies, which should satisfy most investors looking to break into the crypto space. The platform stands out for an easy-to-use interface that makes one-time or recurring crypto transactions a snap.

Customers who are interested in features like in-depth technical analysis might consider paying for Coinbase’s Advanced Trade product, which will also be augmented with increased security.

Pro & Cons

User-friendly interface and easy purchase process.
Strong user reviews and security features.

High fees for convenience.
Not available in all 50 states.

BitYard launched in 2019. This Singapore-based crypto exchange provides trading services in more than 150 countries.

BitYard is one of the few exchanges that comply with financial industry regulations and holds licenses in Australia, Singapore and the U.S. Users who are interested in spot trading will enjoy the low trading fees and a decent selection of popular cryptocurrencies.