18 Crypto Trading Platforms to Know.
Lisa Bertagnoli is an associate editor on Built In’s Expert Contributors team. During four decades as a journalist and writer, she has covered personal finance, business, arts and culture, philanthropy, health and the hospitality industry.
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Anyone with even half an eyeball on current events realizes what a wild ride cryptocurrency trading has been, practically since its debut in 2009. It’s experienced scandals and hacks and weathered bull and bear markets, the most recent of which zapped trillions of dollars from the market. Through it all, crypto trading continues, with some investors seeing it as a buy low, sell high situation . And where there is trading, copy trading crypto exchange there are exchanges.
Top Crypto Trading Platforms.
Binance US Coinbase Crypto.com Gemini Kraken Poloniex Robinhood TradeStation Webull.
The crypto trading platforms and exchanges profiled here have fascinating histories. Some are traditional brokerages new to digital assets; others were founded with a specific type of trading in mind. Some were founded by tech legends, and others use celebrities to boost their marketplace presence. All, given crypto’s innate ability to make headlines, are worth knowing about.
Cryptocurrency Trading Terms to Know.
AMM: Automated market maker, the underlying protocol that powers decentralized exchanges Altcoin: A digital asset that’s not Bitcoin or Ethereum Cryptocurrencies: Digital assets that have their own blockchain DEX: The acronym for best crypto copy trade platform decentralized exchange — the marketplace for peer-to-peer trading Pairs: Digital assets that can be traded with each other on an exchange; examples include Bitcoin for Ether (BTC/ETH) and Bitcoin for dogecoin (BTC/DOGE) P2P: Peer-to-peer trading, which eliminates the middleman Stablecoin: Tokens backed by fixed assets, such as the dollar or gold Staking: Earning interest on stored crypto assets Tokens: Digital assets built on an existing blockchain.
18 Top Crypto Trading Platforms and Exchanges.
Binance offers their crypto trading platform for both mobile and desktop devices. | Image: Binance.
Binance.US.
The platform, Binance’s version for U.S.-based investors, offers fee-free trading for certain combinations of currencies, operates via desktop or mobile app, and serves both individual and institutional clients. Binance.US’s website offers tutorials on Bitcoin basics (for four age groups), bitcoin halving and the fine points of technical analysis for cryptocurrencies. The Palo Alto, California-based company was founded in 2019.
Bisq is an open-source, peer to peer trading platform that can be downloaded for both Mac and Windows. | Image: Bisq.
Bisq.
A 2022 Investopedia article called Bisq the best platform for decentralized exchange, which means there is no middle party to handle the transfer; traders can trade peer to peer (P2P in crypto parlance), according to this explanation on newsletter Cointelegraph. Bisq’s open-source software can be downloaded for Mac or Windows.
Bitfinex supports trading for both crypto and flat currencies though its crypto trading platform. | Screenshot: Bitfinex.
Bitfinex.
This British Virgin Islands-based company, founded in Hong Kong in 2012, made news in 2022 when a New York couple allegedly hacked the site to the tune of $8 billion. The company said it has since strengthened security measures. Users can trade about 10 crypto and a handful of fiat currencies, and its website claims a "world class" trading platform with exchanging, margin funding, margin trading features and more.
Bitflyer offers zero trade fees for a variety of currencies on its crypto trading platform. | Image: Bitflyer.
Bitflyer.
Bitflyer, based in Tokyo, claims the top spot in Bitcoin trading volume in Japan for six years running. Users pay zero fees to trade; some coins carry a withdrawal fee, however. The site offers trading on a variety of currencies, including Bitcoin and Ethereum. Crawl type on the website’s home page posts the real-time trading price of the currencies.
Bitmart's crypto trading platform offers a variety of trading methods for the dozens of cyptocurrencies it supports. | Screenshot: Bitmart.
BitMart.
Bitmart’s platform enables spot and futures trading on dozens of cryptocurrencies and trading pairs, or combinations that can be traded with each other, according to a Cryptopedia article. Individual and institutional investors can use the platform, which offers cash back and savings on crypto balances — except not for people based in or residents of the United States, according to the BitMart website. A recent Investopedia article called BitMart the top exchange for altcoin. .
Bitstamps crypto trading platform offers "easy, fast and reliable" trading with round-the-clock support and "bank-grade" security and insurance. | Screenshot: Bitstamp.
Bitstamp.
Bitstamp, based in Luxembourg, was founded in 2011. Users can trade a handful of currencies, including Bitcoin, Bitcoin Cash and Litecoin. Its website touts "easy, fast and reliable" trading with round-the-clock support and "bank-grade" security and insurance. Its Bitstamp Earn feature lets users earn rewards for "staking," or holding assets for a certain amount of time, the website explains.
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Charles Schwab's platform facilitates investing in "cryptocurrency coin trusts" rather than actually trading cryptocurrency. | Image: Charles Schwab.
Charles Schwab.
This traditional brokerage facilitates investing in cryptocurrency, but not trading it. Users can invest in entities called "cryptocurrency coin trusts," for instance Grayscale Bitcoin Trust, Bitwise 10 Crypto Index Fund, and others, according to Schwab’s website. The trusts trade over the counter and can also be susceptible to high volatility, fees and other risks, the website says. In 2019, Schwab purchased online brokerage TDAmeritrade , which, like Schwab, offers trusts and other ways to invest in crypto, but does not actually facilitate crypto trading.
Coinbase's home page lists trading prices of 10,038 crypto assets and offers crypto tutorials. | Image: Coinbase.
Coinbase.
Coinbase enables individual and institutional investors to buy and sell cryptocurrency, store it in a wallet, earn crypto copy trading platforms - http://abudabi-binary-option.betiforex.com/ - by using Coinbase credit card, dabble in derivatives and borrow using Bitcoin as collateral, its website says. Its home page lists trading prices of 10,038 crypto assets, searchable by gainers and losers, the website says. Tutorials offer help on crypto slang, buying NFTs, and opening a crypto wallet.
CoinFlip offers over 2,000 of its crypto ATM machines in 47 states across the country. | Image: CoinFlip.
CoinFlip.
CoinFlip users buy and sell crypto (Bitcoin, Ethereum and more) with cash at the company’s ATM machines; there are north of 2,000 machines in 47 states across the country, according to Crunchbase data. To start trading, users only need a minimum of $10, a crypto wallet and a phone number, the website says. The company, based in the Chicago area, opened a Tampa, Florida office in the spring of 2022. It was founded in 2015.
The Crypto.com universe includes an app for trading, an NFT, a cash-back credit card, a Pay function for users to "pay and get paid" in crypto, and trading bots, which are automated strategies that enable users to build their portfolios. | Screenshot: Crypto.com.
Crypto.com.
Actor Matt Damon starred in a Crypto.com ad , luring viewers with the company’s slogan: Fortune Favours the Brave. The Crypto.com universe includes an app for trading, an NFT, a cash-back credit card, a Pay function for users to "pay and get paid" in crypto, and trading bots, which are automated strategies that enable users to build their portfolios, the website says. In June of 2022, it altered its Crypto Earn program (removing some currencies and adding others) in response to the bear market for crypto, according to newsletter Decrypt . The Singapore-based company was founded in 2016.
eToro supports trading of over 78 currencies and offers low and transparent fees on an easy-to-use platform. | Image: eToro.
eToro.
eToro enables trading of 78 currencies, including Bitcoin, Ethereum and Solana. The website touts low and transparent fees, ready-to-go portfolios, social trading, and an easy-to-use platform. In July of 2022, the Tel Aviv, Israel-based company laid off 6 percent of its employees after a canceled SPAC merger, according to newsletter CTech . The company was founded in 2007 as a platform to invest and trade stocks and other financial instruments.
Interactive Brokers' crypto trading platform can be funded with over 25 currencies and can trade on 150 global markets. | Image: Interactive Brokers.
Interactive Brokers.
Interactive Brokers, a global trading platform, enables trading of Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Users, its website says, can fund their accounts in 25 currencies and can trade on 150 global markets. The company’s website includes a webinar on digital assets and portfolio diversification. The online brokerage, founded in 1977, began offering cryptocurrency trading in 2021.