Top 6 Cryptocurrency Exchanges in 2022

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Kraken is a United States–based cryptocurrency exchange and bank, founded in 2011. … It was one of the first bitcoin exchanges to be listed on Bloomberg Kraken is the easy, safe and secure way to buy cryptos such as Bitcoin, Ethereum, Dogecoin, and more, Kraken is one of the more established crypto exchanges on the market

This exchange offers two trading platforms: Kraken and Kraken Pro. The basic Kraken platform doesn’t offer the cheapest fees, although advanced users can get volume discounts and lower their costs by trading on Kraken Pro.

Leveraged trading on US-based Bitcoin and Ethereum. As one of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online

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

Pro & Cons

  • Available in all 50 states.
  • Low trading fees.
  • An international platform that accepts more than 50 fiat currencies.
  • Offers both an online wallet and cold storage.
  • Staking and lending are not available.
  • Funds are not insured.

Top 6 Cryptocurrency Exchanges in 2022


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