Best Crypto and Bitcoin Exchanges of 2021


Which are the best bitcoin and crypto exchanges for day trading and buying coins of 2021?

If you are out looking for an exchange to either buy or day trade cryptocurrency and bitcoin you have landed on the right page.

In this article we will break down what’s important to know when choosing your new exchange.

You will also learn how these cryptocurrency and bitcoin platforms work before you start trading or investing.

They are all different but we have highlighted all the best features for each exchange in the quick review below.

Here are some of the most important features we will take a look at:

  • Trading fees
  • Trading interface
  • Payment providers
  • Account security
  • Regulation
  • Customer support

Depending on if you only want to buy or if you want to day trade cryptocurrencies, there are different options in the list below.

Some have higher leverage for active day traders and some have lower fees for longer-term crypto & bitcoin investors.

Take your time and go through all the reviews to find your favorite, then register an account and start trading.

List of the Top Crypto & Bitcoin Exchanges

This is a comparison list where you will be able to compare all exchanges in this article. Here we have listed the number of coins, payment providers, and trading fees. Below you can read more information about each exchange.

Regulation
Rating
Best for
Trading Fee
Minimum Account
4.18/5
Excellent
Regulated by
FinCEN
0.25%
50$
All Traders
Quick Review
  • Established 2017 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, JPY, CAD, AUD
  • Funding Visa, Mastercard, Cryptocurrency, Bank transfer
  • Languages English, Spanish, Polish, Russian, German
  • Restricted countries Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Montenegro, Republic of North
  • Products Cryptocurrency
  • Trading platforms Webtrader, MT5, Mobile App Android + Mac, Own trading platform
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 1
  • Order types MO – Market Order, PO – Post Only, LO –
  • Support Email, Contact Form
  • Trading Signals
  • Deposit Bonus
  • Algorithmic Trading
  • Daily Gainers & Losers
  • Market Making
  • Cashback
Pros

US crypto trading platform allowing US traders
Great algorithmic and AI-technology trading tools
Insured digital assets up to $250,000

Cons

No market news feed
No leverage for experienced traders
Not all US states are allowed to trade

4.16/5
Excellent
Regulated by
FinCEN
0.50%
2$
Investors
Quick Review
  • Established 2012 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP
  • Funding Mastercard, Visa, Bank transfer, PayPal, SEPA
  • Languages English, German, Spanish, French, Japanese, Italian, Polish, Portuguese, Russian, Turkish
  • Restricted countries Cuba, Haiti, Belize, Saint Lucia, Grenada, Saint Vincent and the
  • Products Cryptocurrency
  • Trading platforms Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 3
  • Order types MO – Market Order, SM – Stop Market, SL –
  • Support Contact Form, Phone Number, Email
  • High Security
  • Security Of Funds
  • Cold Storage Wallet
  • Fiat Account
  • Beginner Friendly
  • Trading App
Pros

Very safe cryptocurrency exchange
Easy to use
Trusted exchange reputation

Cons

Weak trading platform
Few altcoins
High exchange fees

4.14/5
Excellent
Regulated by
FinCEN, FCA, FINTRAC, AUSTRAC
0.26%
1$
All Traders
Quick Review
  • Established 2011 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, CHF, JPY, GBP, CAD, AUD
  • Funding Visa, Mastercard, Cryptocurrency, Bank transfer, SWIFT, SEPA, Faster Payment System
  • Languages English, Spanish, French, Italian, Portuguese, Russian, Vietnamese, Turkish, Ukrainian, Mandarin
  • Restricted countries Iran, Islamic Republic of, Korea, Democratic People”s Republic of, Syrian
  • Products Cryptocurrency, Indices, Futures, Forex
  • Trading platforms Cryptowatch, Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 50
  • Order types MO – Market Order, LO – Limit Order, SP –
  • Support Live Chat, Contact Form
  • Staking
  • OTC Market
  • Veteran Trading Platform
  • Cryptowatch
  • Trading App
  • High Security
Pros

Cryptocurrency exchange with high security
Suitable for both beginners and experienced traders
Fully regulated digital asset trading platform

Cons

Poor customer support for entry-level traders
Lack of tool to track trading performance
No rebate on the maker fees

4.13/5
Excellent
Regulated by
FinCEN
0.30%
5$
All Traders
Quick Review
  • Established 2013 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, RUB, TRY, ZAR, JPY, ARS, AUD, AZN, BRL, BGN, CAD, CLP, COP…
  • Funding Visa, Mastercard, Bank transfer, ADV Cash, Yandex.Money, QIWI, Payeer, SEPA
  • Languages English, Spanish, French, German, Italian, Portuguese, Romanian, Mandarin (Chinese), Russian
  • Restricted countries Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Ghana, Jamaica
  • Products Cryptocurrency
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 1
  • Order types MO – Market Order, SO – Stop Order, LO –
  • Support Email
  • Cashback
  • One Click Trading
  • VIP Account
  • Advanced Charting
  • OTC Market
  • Fiat Account
Pros

FinCEN regulation as Money Service Business
Available in several US states
Great Cashback reward system

Cons

No live chat
No leverage trading for experienced traders
Short selling is not an option

4.1/5
Excellent
Regulated by
FMA
0.15%
25$
All Traders
Quick Review
  • Established 2014 Austria
  • Type Cryptocurrency Exchange
  • Currencies EUR, GBP, CHF, USD, TRY
  • Funding Bank transfer, Visa, Mastercard, Neteller, Skrill, Sofort, iDEAL, EPS, giropay
  • Languages English, German, French, Italian, Polish, Spanish, Turkish
  • Restricted countries United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Indices, Metals, ETF
  • Trading platforms Webtrader, Mobile App Android + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Email, Contact Form
  • Fiat Account
  • Veteran Trading Platform
  • Instant Coin Exchange
  • Trading App
  • Education
  • Advanced Trading Platform
Pros

Regulated European cryptocurrency exchange
Very easy to use for beginners including an education center
Several options for beginner and advanced traders

Cons

Poor customer support

4.09/5
Excellent
Regulated by
NYSDFS
0.35%
0.01$
All Traders
Quick Review
  • Established 2014 United States
  • Type Cryptocurrency Exchange
  • Currencies EUR, GBP, USD, AUD, CAD, SGD, HKD
  • Funding Bank transfer, Visa, Mastercard, Maestro
  • Languages English
  • Restricted countries Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde
  • Products Cryptocurrency
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac, Own trading platform
  • Devices Tablet, Desktop, Smartphone, Web
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SO –
  • Support Contact Form, Email
  • Buy Cryptocurrency
  • Institutional Trading
  • Staking
  • Cold Storage Wallet
  • Security Of Funds
  • Trade Alerts
Pros

Great for beginners
New York regulated cryptocurrency exchange
Very high security

Cons

No advanced trading platform for experienced traders
No real stop-loss order
Poor customer support

4.08/5
Excellent
Regulated by
GFSC
0.25%
20$
Investors
Quick Review
  • Established 2013 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, RUB
  • Funding Visa, Mastercard, SWIFT, Faster Payment System (FPS), SEPA, QIWI, Skrill
  • Languages English, Russian, Mandarin (Chinese), Italian, Portuguese, Spanish
  • Restricted countries Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde
  • Products Cryptocurrency, Forex, Stocks, Metals
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Phone Number, Live Chat
  • Buy Cryptocurrency
  • Veteran Trading Platform
  • Fiat Account
  • Beginner Friendly
  • Margin Trading
  • Staking
Pros

Very easy to use for beginner cryptocurrency investors and traders
Regulated cryptocurrency exchange for extra security and trustworthiness
Cex.io is a veteran cryptocurrency exchange and has been live since 2013

Cons

Very poor trading interface for day traders and scalpers
Low-quality customer support
Few fiat currencies accepted

4.07/5
Excellent
Regulated by
FinCEN
2%
100$
Investors
Quick Review
  • Established 2013 Ireland
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, CAD, AUD, JPY
  • Funding Visa, Mastercard, SEPA, Apple Pay, SWIFT
  • Languages English, Spanish
  • Restricted countries Korea, Democratic People”s Republic of, Cuba, Syrian Arab Republic, Iran
  • Products Cryptocurrency
  • Trading platforms Webtrader
  • Devices Web, Desktop
  • Max leverage 1
  • Order types
  • Support Phone Number, Contact Form, Email
  • Buy Cryptocurrency
  • Veteran Trading Platform
  • High Limits
  • Instant Deposits
  • Fast Account Verification
  • Altcoins
Pros

Very user-friendly and well suited for beginners
Regulated in the US as a Money Service Business (MSB)
High spending limits for large traders

Cons

No mobile app for either trading or investing
No short-term trading available
No crypto wallet available, you are in charge of your own wallets

4.06/5
Excellent
Regulated by
FSA
0.30%
10$
All Traders
Quick Review
  • Established 2014 Japan
  • Type Cryptocurrency Exchange
  • Currencies AED, ARS, AUD, BDT, BGN, BHD, BMD, BND, BRL, BTN, CAD, CHF, CLP, CNY, COP…
  • Funding Cryptocurrency, Visa, SEPA, SWIFT
  • Languages English, Spanish, Russian, Vietnamese, Japanese, Mandarin (Chinese)
  • Restricted countries Japan, United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Derivatives
  • Trading platforms Tradingview, Own trading platform Windows + Mac, Webtrader
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types TSL – Trailing Stop Loss, SL – Stop Loss, TP
  • Support Email, Contact Form, Live Chat
  • Fast Withdrawals
  • Veteran Trading Platform
  • High Security
  • Cryptowatch
  • Performance Analytics
  • Real Stop Loss
Pros

Regulated by the Japanese Financial Service Agency (FSA)
Great security with built-in cold wallet storage
Veteran cryptocurrency exchange with high trustworthiness

Cons

Very slow live chat
Very few payment providers for fiat currencies
Not available in the United States

4.05/5
Excellent
Regulated by
FCA
3%
250$
Investors
Quick Review
  • Established 2017 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies GBP, EUR
  • Funding Visa, Mastercard, Bank transfer, SEPA
  • Languages English
  • Restricted countries Afghanistan, Algeria, Bahamas, Bangladesh, Bolivia, Bosnia and Herzegovina, Botswana, Cambodia
  • Products Cryptocurrency
  • Trading platforms Webtrader
  • Devices Web, Desktop
  • Max leverage 1
  • Order types MO – Market Order
  • Support Live Chat, Email, Phone Number, Contact Form
  • Buy Cryptocurrency
  • Professional Support
  • Beginner Friendly
  • OTC Market
  • Instant Coin Exchange
  • Quick Registration
Pros

Excellent live chat support
Regulated by the FCA
Quick withdrawals for UK investors

Cons

No interface for day trading
The platform feels very old and outdated
New platform without much reputation

4.02/5
Excellent
Regulated by
FIU
0.25%
100$
All Traders
Quick Review
  • Established 2017 Estonia
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, CAD, GBP, JPY, AED
  • Funding Interac e-Transfer, Visa, Mastercard, SEPA, PayPal, Cryptocurrency, EFT, Bank transfer
  • Languages English
  • Restricted countries Afghanistan, American Samoa, Belarus, Bolivia, Bosnia and Herzegovina, Burundi, Central
  • Products Cryptocurrency, Stocks
  • Trading platforms Webtrader, Mobile App Android + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Email, Contact Form, Live Chat
  • Trading App
  • Staking
  • High Security
  • OTC Market
  • Instant Coin Exchange
  • Professional Trading Account
Pros

Tokenized stocks available
High limits for large traders
Regulated in Europe by FIU under licence number FVT000111

Cons

Poor customer support since the live chat is not an option
Not a very advanced trading interface for day traders
Relatively new trading platform without a steady reputation

3.93/5
Trustworthy
Non-Regulated
0.10%
15$
All Traders
Quick Review
  • Established 2017 Malta
  • Type Cryptocurrency Exchange
  • Currencies EUR, USD, RUB, VND, TRY, MYR, THB, INR, PEN, MXN, CHF, COP, SEK, HUF, NOK…
  • Funding Bank transfer, Visa, Neteller, Skrill, Banco Brubank, PayPal, ABA Bank
  • Languages English, Spanish, German, Italian, Swedish, Russian, Turkish, Portuguese, Romanian, French
  • Restricted countries United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Futures, Options, ETF, Derivatives
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 125
  • Order types SL – Stop Loss, IOC – Immidiate or Cancel, GTX
  • Support Live Chat, Email, Contact Form
  • Leverage Trading
  • Beginner Friendly
  • Daily Gainers & Losers
  • Altcoins
  • Short Selling
  • Customisable Interface
Pros

Great for beginner traders
Biggest Cryptocurrency Exchange
Many Special Features

Cons

Non-regulated
Relatively new platform
Not available for US traders

3.89/5
Trustworthy
Non-Regulated
0%
50$
Day Traders
Quick Review
  • Established 2019 Saint Vincent and the Grenadines
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, AUD, CHF, CZK, DKK, GBP, HUF, KRW, ILS, NOK, NZD, PLN, RUB, SEK…
  • Funding Mastercard, Visa, Maestro, Cryptocurrency
  • Languages English, German, Mandarin (Chinese), Spanish, Dutch, Italian, Polish, Portuguese, Russian
  • Restricted countries United States, United States Minor Outlying Islands, Japan, Afghanistan, Bosnia
  • Products Cryptocurrency, Futures, Indices
  • Trading platforms Webtrader, Mobile App Android + Mac, Own trading platform Windows
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 300
  • Order types MO – Market Order, SL – Stop Loss, LO –
  • Support Phone Number, Email, Contact Form
  • $0 Trading Fee
  • Trading Signals
  • Leverage Trading
  • Advanced Trading Platform
  • Staking
  • Mining
Pros

Very favorable commission structure
Free demo account to practice
Very high interest in staking program

Cons

Non-regulated cryptocurrency exchange
Relatively new exchange with no reputation
Few altcoins available

3.88/5
Trustworthy
Non-Regulated
0.20%
25$
Day Traders
Quick Review
  • Established 2012 Virgin Islands, British
  • Type Cryptocurrency Exchange
  • Currencies EUR, JPY, GBP, USD, CNY
  • Funding Cryptocurrency, Bank transfer, Visa, Mastercard
  • Languages English, Russian, Mandarin (Chinese)
  • Restricted countries Cuba, Korea, Democratic People”s Republic of, Venezuela, Bolivarian Republic of
  • Products Cryptocurrency, Derivatives, ICO
  • Trading platforms Tradingview, Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 5
  • Order types LO – Limit Order, MO – Market Order, SL –
  • Support Contact Form
  • Automated Trading
  • Paper Trading
  • OTC Market
  • Lending
  • Advanced Trading Tools
  • Professional Trading Account
Pros

Great trading platform for experienced day traders
Excellent reputation for being a stable cryptocurrency trading platform
One of the oldest surviving crypto trading platforms

Cons

Low-quality support
Non-regulated
Very few payment options for fiat deposits

3.82/5
Trustworthy
Non-Regulated
0.10%
25$
Day Traders
Quick Review
  • Established 2017 Singapore
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, KRW, JPY, AUD, AED, BGN, CAD, CHF, CZK, DKK, HKD, HRK, HUF…
  • Funding Visa, Mastercard, Klarna, B-pay, SEPA, Apple Pay, iDEAL, PayId, POLi
  • Languages English, Russian, Japanese, Spanish, German, French
  • Restricted countries United States, United States Minor Outlying Islands, Cuba, Iran, Islamic
  • Products Cryptocurrency, Futures
  • Trading platforms Tradingview, Webtrader
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Live Chat, Email
  • Leverage Trading
  • Demo Account
  • Advanced Trading Platform
  • Investing
  • OTC Market
  • Welcome Bonus
Pros

A lot of special features for day traders
Great trading platform for experienced traders
Demo account for crypto trading

Cons

Non-regulated
Takes time to learn the platform
Relatively new exchange without reputation

3.81/5
Trustworthy
Non-Regulated
0.20%
0$
All Traders
Quick Review
  • Established 2017 Cayman Islands
  • Type Cryptocurrency Exchange
  • Currencies
  • Funding Cryptocurrency
  • Languages English, Spanish, German, Mandarin (Chinese), Korean, Japanese, Vietnamese, Turkish, Indonesian
  • Restricted countries Cuba, Iran, Islamic Republic of, Korea, Democratic People”s Republic of
  • Products Cryptocurrency, Futures, ETF, Options
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac
  • Devices Tablet, Desktop, Smartphone, Web
  • Max leverage 100
  • Order types LO – Limit Order, MO – Market Order, SO –
  • Support Email, Live Chat, Contact Form
  • Promotions
  • Lending
  • Investing
  • Mining
  • Trading Strategies
  • Trading Bot
Pros

Several products
A lot of trading instruments
Great for investing and day trading

Cons

Non-regulated
Very slow live chat with a long queue
Relatively new platform with a weak reputation

3.79/5
Trustworthy
Non-Regulated
0.05%
10$
Day Traders
Quick Review
  • Established 2018 Seychelles
  • Type Cryptocurrency Exchange
  • Currencies USD, VND, TRY, THB, CHF, SEK, ZAR, SGD, RUB, RON, GBP, PLN, PHP, NOK, NGN…
  • Funding Visa, Mastercard, Cryptocurrency, Bank transfer, SEPA
  • Languages English, Hindi, Japanese, Spanish, French, Turkish, German, Vietnamese, Thai, Italian
  • Restricted countries United States, United States Minor Outlying Islands, Canada, Japan, Algeria
  • Products Cryptocurrency, Forex, Indices, Commodities
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1000
  • Order types MO – Market Order, SL – Stop Loss, SM –
  • Support Email, Live Chat
  • Turbo Trading
  • Copy Trading
  • Price Prediction
  • Quick Registration
  • Fast Execution Speed
  • Advanced Trading Tools
Pros

Suitable for large traders
Very fast trading platform
Multiple products on the same account

Cons

Non-regulated
Not for beginners and the trade interface require experience
New trading platform

3.78/5
Trustworthy
Non-Regulated
0.075%
30$
Day Traders
Quick Review
  • Established 2018 Virgin Islands, British
  • Type Cryptocurrency Exchange
  • Currencies AED, ARS, AUD, BDT, CAD, CHF, CLP, CNY, EUR, GBP, HKD, HUF, IDR, ILS, INR…
  • Funding Cryptocurrency, POLi, Apple Pay, PayId, B-pay, Visa, Mastercard, Post BillPay
  • Languages English, Russian, Mandarin (Chinese), Japanese, Spanish, Vietnamese
  • Restricted countries United States, United States Minor Outlying Islands, Canada, Singapore, Cuba
  • Products Cryptocurrency, Futures
  • Trading platforms Tradingview, Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, C –
  • Support Email, Live Chat
  • Rebate
  • Trading App
  • Margin Trading
  • Welcome Bonus
  • Risk Management
  • Fast Execution Speed
Pros

Very high-quality trade interface
Real stop loss and take profit orders
Great live chat support, instant answers

Cons

Non-regulated exchange
This exchange is not for beginner traders
Relatively new exchange

3.77/5
Trustworthy
Non-Regulated
0.10%
30$
All Traders
Quick Review
  • Established 2017 Seychelles
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, CNY, AUD, KRW, JPY, GBP, INR, IDR, CAD, RUB, BRL, TRY, PLN, PHP…
  • Funding Visa, Mastercard, Apple Pay, SEPA, Bank transfer, Cryptocurrency, WeChat, Alipay
  • Languages English, Russian, Dutch, Portuguese, Japanese, French, Spanish, Vietnamese, Turkish, Italian
  • Restricted countries United States, United States Minor Outlying Islands, Canada, Singapore, Cuba
  • Products Cryptocurrency, Futures, Derivatives, ICO, ETF
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Live Chat, Contact Form
  • Instant Deposits
  • Advanced Trading Platform
  • Staking
  • Lending
  • Instant Coin Exchange
  • Trade Alerts
Pros

KuCoin is a very versatile crypto exchange and good all traders
Option to buy, trade, or short sell many cryptocurrencies
Both advanced and simple trading interface

Cons

Very slow live chat with problems to answer English questions
Non-regulated
The demo account version is not fully developed

Phemex – Best for Day Trading

Phemex
ProsCons
✓ 100x Max Leverage✘ No trading education
✓ Crypto Demo Account + App✘ Non-regulated
✓ Registered Money Service Business – MSB

Phemex fees

Standard users on Phemex will pay a 0.1% trading fee on normal spot trading while premium users have a 0% fee.

The minimum fee for leveraged contracts is 0.075% taker fee and -0.25% maker fee.

If you decide to add liquidity to the order book you are essentially getting paid for using Phemex, that’s pretty neat if you are doing a market-making strategy.

Day trading on Phemex

The reason I’ve chosen to include this crypto exchange is thanks to their ultra-fast executions and intuitive trading platform.

They brand themselves as the fastest crypto exchange and futures trading platform.

Through their trade interface you have access to all necessary tools like technical indicators, market depth through the order book, recent trades, and a professional charting package from Tradingview.

This is a great setup if you are a day trader and is looking for a very responsive trade interface.

Phemex payment providers

All of these payment providers are available on Phemex:

  • VISA
  • Mastercard
  • China UnionPay
  • Bank Transfer
  • SEPA
  • Apple Pay
  • POLi
  • Bpay
  • Payld
  • IDEAL
  • SOFORT

Phemex security

Phemex is a newly founded exchange but they have a very professional approach to everything they do.

With backgrounds from Wall Street, Jack Tao, the founder, saw the lack of professionalism and trustworthiness in the industry and set up a great team to build Phemex.

Their goal is to become the most trustworthy cryptocurrency and derivatives trading platform.

It’s not a regulated platform but it’s registered as a Money Services Business, click here to read more about the registration.

2FA google security verification is of course an option to protect your account.

You can also add the email verifications to always keep track of your logins to your account.

Phemex special features

Some extra features you can find on the Phemex platform is:

  • Contract trading
  • Cryptocurrency demo account
  • $80 welcome bonus
  • Premium membership (0% fees)
  • Crypto savings account

Prime XBT – Lowest fees for trading

Prime XBT
ProsCons
✓ One-click trading✘ Few deposit methods
✓ Copy trading✘ Non-regulated
✓ Long / Short turbo trading

Prime XBT fees

Leverage trading on Prime XBT is especially great due to some of the lowest fees on the market.

The flat fee for opening a position is only 0.05%.

Day trading on Prime XBT

Prime XBT is one of the most popular platforms for active day trading cryptocurrencies and Bitcoin.

The one-click trade option gives you full flexibility of when to enter and when to exit the market.

This makes for great cryptocurrency and bitcoin scalping.

The trade interface is very responsive and the charts are customizable.

Prime XBT payment providers

One downside to this exchange is the amount of payment options.

Here is a full list of Prime XBT payment options:

  • Bitcoin
  • VISA
  • Mastercard
  • SEPA

However, if your goal is to day trade bitcoin or any of the top altcoins you will be able to make a blockchain transaction to your wallet.

Prime XBT security

Google Authenticator is an option when you create an account and it’s a great way of keeping any intruder away from your funds.

This platform is not regulated by any governmental body.

However, they are working on a regulation for their margin trading which will be interesting to see when reay.

Prime XBT special features

The platform is not packed with extra features but the ones they have stand out:

  • One-click trade
  • High crypto leverage
  • Turbo platform
  • Covesting copy trade
  • Quick registration
  • Crypto Trading app

Bitforex – Metatrader 5 for Cryptocurrency

This image has an empty alt attribute; its file name is Bitforex-logo.png
ProsCons
✓ Metatrader 5✘ Few deposit methods
✓ Social trading✘ Non-regulated
✓ Insured crypto assets

Bitforex fees

The fee to open a position on Bitforex is 0.1%.

This goes for both Maker and Taker fees.

The perpetual, or leverage trading fee starts at 0.06%.

Day trading on Bitforex

On Bitforex you have the unique opporunity to trade with Metatrader 5 for cryptocurrency.

It’s one of few exchange that allow you to day trade crypto with MT5.

Even though it might look outdated, Metatrader 5 is one of the fastest trade interfaces for day traders.

If you choose to use the standard interface the charts from Tradingview will give you access to all technical indicators needed.

Bitforex payment providers

The only two deposit methods on Bitforex are:

  • VISA
  • Mastercard

Bitforex security

Bitforex is employing the standard Google Authenticator to keep user accounts safe.

You can also add your mobile phone to verify when you log in, withdraw money, or changing anything on the account.

You have the option to add a trading password for trade verifications.

Bitforex is not a licensed or regulated crypto exchange.

Bitforex special features

Some extra features available on Bitforex are:

  • Metatrader 5
  • Social trading
  • Insured cryptocurrencies
  • EazySwap
  • Perpetual leverage contracts

Changelly – Best for beginners and instant purchases

Changelly
ProsCons
✓ Vey user-friendly✘ Non-regulated
✓ Buy cryptocurrencies from other exchanges through an algorithm
✓ Many diffeent altcoins

Changelly fees

Changelly has a fixed fee of 0.25% for all exchanges.

If you buy cryptocurrency with a credit card, for example, the fee depends on which payment vendor you use. The fee will vary from 5% – 10% per purchase.

Day trading on Changelly

You can day trade on Changelly through the PRO interface.

It is a Tradingview backed charting package with market orders and limit orders.

All necessary indicators for techinical day traders are available for both spot and margin contracts.

Since recently, Changelly has made it possible to trade their coins with leverage through this platform.

Follow the market depth or base your trade on news, no matter how you make your decisions, Changelly PRO is suitable for all traders.

Changelly payment providers

On Changelly you can choose between these payment options:

  • VISA
  • Mastercard
  • Apple Pay
  • Bank Transfer

Changelly security

2FA verification is an option to secure your account on Changelly.

The site it self has an SSL encryption to protect all your data.

Changelly is not licensed or regulated by a government.

Changelly special features

There are some good reason why to use Changelly, here are the extra features available:

  • Instant crypto exchange
  • Leverage
  • Many different altcoins
  • Buy cryptocurrency
  • Trade coins from other crypto exchanges

Gate.io – Best Crypto ETF and Lending platform

This image has an empty alt attribute; its file name is gate.io-logo.png
ProsCons
✓ Crypto ETF / Futures / Loans✘ Non-regulated
✓ 397 Altcoins
✓ Short term Options

Gate.io fees

0.2% is that standard taker fee on Gate.io when you are entering the spot market.

For futures traders, you have a 0.075% taker fee and a -0.025% maker fee. This means that you will earn a profit from entering limit orders in the futures order book.

It’s a great way of earning stable income as a crypto trader if you have a market making strategy.

Day trading on Gate.io

You have two trade options on Gate.io, standard or professional.

The standard UI is a regular trade interface which suits all traders.

The professional trade interface on Gate.io is from Tradingview which gives you access to everything you need if you are an active scalper or day trader.

There are a ton of indicators for technical crypto traders and you can customize the UI as you like.

Gate.io payment providers

The only deposit method on Gate.io is currently cryptocurrency.

So in order to start trading on the platform, you need to send a blockchain transaction with bitcoin or altcoins.

Gate.io security

Gate.io will ask for your KYC documents which tells me that they are doing an effort to keep your account safe.

You can also activate the 2FA verification and SMS safety setup.

This way your account will not be accessed from anyone else than the person with access to your mobile phone.

It’s a non-regulated platform which is something to keep in mind if you are looking for a 100% reliable trading platform.

Gate.io special features

Gate.io is full of extra features, such as:

  • Cryptocurrency ETF
  • Cryptocurrency Futures
  • Cryptocurrency Options
  • Cryptocurrency Loans
  • Investment plans
  • Margin trading

KuCoin – Best for advanced traders

kucoin
ProsCons
✓ A lot of altcoins✘ Non-regulated
✓ Professional and Basic trading platforms
✓ Cryptocurrency Futures

KuCoin fees

The basic fee for opening a position KuCoin is 0.1%.

For trading futures, the starting fee is 0.02%.

For deposits and withdrawals, please find more info here.

Day trading on KuCoin

KuCoin is one of the most popular exchanges for crypto day traders and scalpers.

There are two main trading platforms, the professional and the basic, which makes KuCoin suitable for all traders.

The platform can take very large trades and also a very fast activity for those who are opening many positions per day.

Take advantage of price movements with the fast charting packages they offer.

This is the main reason why it has become one of the best crypto and bitcoin exchanges for investors and also day traders.

KuCoin payment providers

On KuCoin you can choose any of these payment methods:

  • VISA
  • Mastercard
  • SEPA
  • Bank Transfer
  • Apple Pay
  • Interac

KuCoin security

KuCoin is a very trusted bitcoin and crypto exchange with an outstanding reputation for keeping your funds safe.

You will be asked to verify your KYC documents, which is very good in order to be able to retrieve your account if someone were to hack it.

Only you can provide the true information.

Google Authentication is of course on option to add to your log in, other than this you can choose to activate:

  • Trading password
  • Restrict login IP
  • Email Safety Phrase
  • Login Safety Phrase
  • Withdrawal Safety Phrase

All of this is to keep your account safe.

The only thing to keep in mind about KuCoin is that this is not a regulated exchange.

KuCoin special features

Some of the most popular extra features on KuCoin is:

  • P2P fiat trade
  • Fast trade
  • Instant Exchange
  • Margin / leverage trading
  • Futures for cryptocurrency
  • Cryptocurrency lending (12%)
  • Soft staking

Coinfield – Buy Bitcoin and Crypto instantly

Coinfield
ProsCons
✓ Quick trade mode
✓ Regulated and licensed
✓ Price alerts

Coinfield fees

The starting trade fee on Coinfield is 0.24% for traders who use market orders

If you use a limit order and want to add liquidity to the order book you will only be charged a fee of 0.05%.

If you want to know more about deposit and withdrawal fees, click here to read more on their deposit page.

Day trading on Coinfield

On Coinfield you have the option to use the quick trade mode that gives you access to the coins in a very fast way, however, this is only for exchange purposes.

If you want to scalp coins or day trade crypto there are two options, simple and advance mode.

Here you will be able to add price alerts to your trade setups and ideas.

You can build a personalized portfolio of cryptocurrencies you follow and with the price alerts, you will not miss setups ever again.

The charting packages on the advance trade mode is from Tradingview, one of the most respected actors in trading interfaces today.

Coinfield payment providers

On Coinfield you have several payment options to choose from:

  • VISA
  • Mastercard
  • Interac
  • SEPA
  • Bank Transfer
  • PayPal
  • EFT
  • MuchBetter

With a Pro Account you can increase your daily withdrawal and deposit limit to $2 million per day.

Coinfield security

Coinfield is one of few regulated bitcoin and cryptocurrency exchanges which makes it a great choice if you are looking for a safe platform to buy or trade.

They are supervised by Financial Intelligence Unit (FIU) with a license number: FVT000111.

2 Factor Authentication is an option to secure your account.

KYC is a must on Coinfield which is a healthy sign for this exchange.

Coinfield special features

Here is a list of extra features that stand out on Coinfield:

  • Instant crypto exchange
  • High deposit and withdrawal limits
  • Available in 193 countries
  • OTC Desk
  • Mobile app
  • Own Credit Card

Coinbase – Safest Bitcoin & Crypto Exchange

Coinbase
ProsCons
✓ Regulated and Licensed✘ Few coins
✓ Very safe✘ Not optimal for day traders
✓ Excellent reputation

Coinbase fees

For exchange and trades on the standard platform, Coinbase charges a fee of 0.5%.

For full pricing on Coinbase, please click here to see the fee disclosure.

Here you can see all the fees from each country.

Day trading on Coinbase

Coinbase has a trading platform suitable for day traders and scalpers that is called Coinbase Pro.

It is one of the most trusted platforms on the market but it comes with its limitations.

There is not a lot of leverage to be offered and you can’t short sell coins on Coinbase Pro.

Other than that, the liquidity and the order placement are great.

This trading platform is also available in the Coinbase Pro App for mobile phones which allows you to trade on the go.

I must say though, that Coinbase with its focus on safety is more suitable for long-term cryptocurrency and bitcoin investors.

Coinbase payment providers

Thanks to the popularity of this exchange, they do offer a good amount of payment options for both US investors and cryptocurrency fanatics outside the US.

Here is a list of the active payment methods on Coinbase:

  • Credit Cards
  • Bank Transfer
  • Debit Cards
  • PayPal
  • iDEAL
  • Sofort
  • SEPA
  • 3D Secure Card

Coinbase security

The security on Coinbase is what sets it apart from the crowd.

Coinbase is regulated and licensed in New York and it’s registered as a Money Transmission Service.

This is one of the safest places to store your bitcoin or altcoins.

Here is a screen shot of the Coinbase Regulation:

coinbase regulated

Coinbase special features

Some of the more interesting features on Coinbase is:

  • Buy and Sell Cryptocurrencies
  • Vault storage
  • Stable-coin
  • Cryptocurrency for commerce
  • Cryptocurrency custody
  • Cryptocurrency wallet

How to choose Crypto and Bitcoin exchange

Cryptocurrency and Bitcoin exchanges come in all shapes and sizes and they offer different products.

Some specialize in card payments while other have optimized their trading interfaces for active traders.

So, before you go out and look for your next exchange you need to ask your-self what you need.

Here is a list of things to consider before choosing a Cryptocurrency and bitcoin exchange:

What am I going to do?

Are you a long-term investor who is looking for low fees and a safe place to store your coins?

Or are you an active trader in need of a fast trading platform?

First, decide what you are going to do on the platform before you sign up and deposit any real money.

This is a very important step.

Now that you know what you are looking for you can start to filter out the exchanges that don’t fit you.

Can I deposit my currency?

Not all exchanges will accept your fiat currency, so make sure that the exchange accepts yours.

If they don’t, you will have to convert to another currency when depositing and this costs extra fees.

The best crypto and bitcoin exchanges on the market will have most of the major currencies available.

If not, you should look elsewhere.

How is the security?

The most important thing to consider whether you are a short-term trader or a long-term investor is the security on the platform.

The best choice is always a regulated platform but since there are not many cryptocurrency exchanges with standard licenses you need to see that they employ other safety measures, such as:

  • KYC
  • AML
  • 2FA verification
  • Email verification
  • Trade password

These are only a few of the most important security features an exchange should have.

To learn more about security, read this article on exchange safety.

Top Crypto & Bitcoin exchanges for day trading

This this article I’ve listed what I think is the best crypto and bitcoin exchanges in general.

In this list I’ve included some of the best exchanges for cryptocurrency day traders.

These are platforms with exceptionally good trading interfaces that allows for fast trading.

My top 5 list of exchanges most suitable for day trading is:

  1. KuCoin
  2. Phemex
  3. Prime XBT
  4. Gate.io
  5. Bitforex

Here you will find everything you need to start day trading crypto with little money.

You can also scale up to larger trades if you are a big trader.

These platforms are also suitable for all kinds of traders, beginners and advanced.

Have a look and see which one sticks out to you.

List of Crypto and Bitcoin exchanges for beginners

If you are new to the blockchain phenomena you need an exchange that is easy to navigate.

Blockchain transactions can be a little bit complicated to understand, but with the right platform, nothing can go wrong.

Here is my list of the best crypto and bitcoin exchanges for beginners:

  1. Changelly
  2. Coinbase

These two definitely sticks out thanks to their user-friendly interfaces and well-designed buy and sell functions.

You have the option to both buy and sell, as well as trade if you are interested in that.

The advantage of using Changelly i that you will get access to more cryptocurrencies.

On the flip side, Coinbase is a more secure platform if you are going to store your coin on the exchange.

Safest and most trusted Crypto & Bitcoin exchanges

If you want to trade cryptocurrencies safely, you need to use a platform with high security.

Most exchanges does not have what it takes to call them-selves safe.

The one and only bitcoin merchant that stands out in this field is Coinbase.

Coinbase is a licensed cryptocurrency and bitcoin platform.

It is registered as a Money Transmission Service and it has a license in New York.

Coinbase has back-up funds if anything were to happen to your coins on the exchange and they keep most of their digital assets in cold storage.

This means that if you buy bitcoin and keep them stored on the exchange, Coinbase will keep them safe outside the online platform.

List of the largest Crypto & Bitcoin Exchanges

In terms of size there are two platforms that sticks out:

  • Binance
  • Coinbase

These exchanges have been able to attract millions of traders and investors during the last years.

The reason why they are so successful is due to their intuitive platforms.

They are easy to use and they have what people are looking for.

Coinbase has a great security protocol while Binance is focusing on the more active trading audience.

This has made them some of the most popular places to exchange and trade coins since 2018.

To be able to be the biggest crypto and bitcoin exchanges for a long while says a lot.

With great interfaces and robust safety features, they will probably stay on the scene for a long time.

Bitcoin & Crypto exchanges with the lowest fees

There are two different kinds of fees:

  • Trade/exchange fee
  • Deposit/withdrawal fee

In these two categories there are different exchanges that promote low fees.

In the first category for low trade and exchange fee we have Phemex and Binance.

They both the lowest fees you can find as an active day trader at 0.1%.

This makes it very easy to keep up with costs, even if you are a trader who enjoys trading with leverage.

If you are a long-term investor and are looking to buy bitcoin or cryptocurrency cheap you should either try Changelly or Coinbase.

Here you pay roughly 3.99% – 5.00% per transaction.

This might sound a lot more than the trade fee, but remember that you only stock up on coins once in a while.

Conclusion

In this article I’ve listed the best crypto and bitcoin exchanges for both beginners and advanced investors.

If you are an active trader you will also find something for you.

The exchanges in this list have different features so make sure you go through the list before you choose which one to use.

I strongly recommend that you use all the safety measures while on the exchange.

Also, it’s not recommended to keep large amounts of coins on the exchange at the same time.

If you need a place to store your coins, read this article about bitcoin wallets.

FAQs

In terms of security, Coinbase is the number one exchange for 2021. With regulation and license in New York, they stan out with the strongest security features of all platforms.

No, it is not recommended to keep large quantities of cryptocurrency on an exchange. You should store your coins in a cryptocurrency wallet.

My top 3 picks for best bitcoin trading platforms are:
1. Binance
2. Prime XBT
3. Phemex
They have a very robust trading platform and low fees.

I would strongly recommend that you try Changelly if you are a beginner. This is an instant platform with the option to buy and sell cryptocurrency as well as trading the coins.

For pure trading purposes you should try Phemex or Binance. They bot have 0.1% trading fees for active traders. If you are an investor, I recommend Coinbase or Changelly where you can easily buy cryptocurrency with several payment methods from 3.99% fee.