Top 20+ Best Cryptocurrency Exchange Platforms in 2021

In today's world, cryptocurrency has become one of the hottest topics. It uses a peer-to-peer digital cash system, and like other transaction systems, you need a bank account, while sufficient balance is necessary for exchanging. To prevent double spending or solve repetitive use of the same entity, every action is checked and verified by the miners. Miners take transactions, stamp them as legitimate, and spread them in the network. Several reliable cryptocurrency exchange platforms are available for selling or buying cryptocurrencies.

Best Cryptocurrency Exchange Platforms

Cryptocurrency exchanging platforms refers to specific websites that allow selling, buying, or trading cryptocurrencies for digital and other traditional currencies like Euro and USD. The top 20 platforms that we think are best for cryptocurrency trading are discussed thoroughly in this article.

1. eToro

eToro is another awesome cryptocurrency exchange platform that offers both a mobile and web platform for the traders. As a leading social trading platform, eToro is trusted by many people, while currently, it is being used in more than 140 countries. Also, you can choose from a wide array of financial assets to trade or start investing in.

The fees are very transparent and low in comparison to other brokers. Moreover, the eToro platform is very simple and user friendly. They have an integrated wallet app to which customers can transfer and store crypto seamlessly from the eToro platform.

Insights of this Platform

Comes with advanced financial trading features like leverage and short, and you can get support for 2,000+ financial instruments across various platforms. Please note that U.S. customers can only trade real cryptocurrency.
Allows traders to deposit or withdraw using various payment methods such as Credit card, Wire transfers, and so on. But in the U.S, you can only use wire transfer or online banking methods.
The intuitive interface is intended to enable people to manage finances easily, and you will get $100,000 for free for a demo account.
eToro is a social trading platform with a community of traders and investors that can help you interact and discuss trading strategies for a better outcome.
Its CopyTrader feature can be used to automatically replicate the actions of top traders. Besides, the CopyPortfolios comes with ready-made investment strategies.
Offers low minimum deposits while the withdrawals and other fees are comparatively lower than the available alternatives. But for the U.S customers, the withdrawal fee is absolutely $0.

One of the platform's best features is eToro's patented CopyTrader™ technology, which enables clients to compare top traders' performance and choose to replicate their trading activity automatically and in real-time. This makes the platform unique in the world of online trading.

Visit eToro

2. Coinbase

Coinbase can be referred to as the best crypto trading platform as it is one of the largest bitcoin exchanging websites. It is trendy because of its liquidity and security. As a significant bitcoin broker, it also has features like wallet, API for developers to connect third-party apps, and trading.

Insights of this Platform

This platform is simple and easy to understand. It is designed to make it easy for newcomers to get used to the concept of Bitcoin.
You can pay with the most popular payment methods like visa and Mastercard.
If anyone wants, he/she can buy Bitcoin using a credit card as a backup, although there is a buying limit.
Although it manages a huge customer base, it can still process your transactions in a very short time.
Very high buying limit and comparatively low fee increase its efficiency for the users.
Coinbase offers a digital wallet to store your assets, deposit boxes, and vaults used to store reserves.

Visit Coinbase

3. Kraken

Kraken is one of the best cryptocurrency trading sites for beginners. This platform will guide you to get used to cryptocurrency and become an expert as well. This platform focuses on highlighting the ever-changing way of how people understand money and finance.

Insights of this Platform

A useful platform for both experts and newcomers. It offers simplicity and portfolio management to keep track of your profile.
Focuses on ensuring the highest quality safety and security for the digital platform for its clients to prevent any fraudulent activity.
To maintain fluent and flawless communication with the clients, it offers 24/7 availability through their global support.
Kraken has advanced features to list your financial resources. You can even make decisions for enriching your portfolio and find an investor pair.
For the investors, this platform handles capital by their exclusive solution that provides support for all sized investors.
Over-the-counter trading helps you grow as an investor as an investing solution; Kraken has competitive pricing plans and a flexible process.

Visit Kraken

4. Bitfinex

When we are talking about cryptocurrency exchange platforms, Bitfinex is the most mentionable one. It has an advanced list of tracking the interested sellers and buyers for a particular financial instrument. Eight variations in order typeset for all scenarios set this platform apart from the most trading platforms out there. Besides, you only need a smartphone to become an authorized trader.

Insights of this Platform

Bitfinex has an interactive user interface, and existing demos help users to get used to the platform.
Supports almost all the cryptocurrencies that include Bitcoin, Ethereum, Monero, Dash, EOS, Litecoin, Ripple, Tether, NEO, and all the types of your digital asset.
Bitfinex leverages your trading to get the best possible rate at that specific time.
Through their peer to peer trading platform, you can scale your portfolio and attract the trade demanders for your digital assets.
Offer five other order types and the three most basics: limit order, market order, and stop order.
You will not need to deposit any amount of money for crypto, although the site has already been hacked before, and the security of this platform is questionable.

Visit Bitfinex

5. Bittrex

Bittnex is one of the most high-level cryptocurrency trading sites. It is using cutting edge technologies for bringing revolution by increasing the demand for cryptocurrency around the world. Bittrex focuses on minimizing the time of the transaction, and security is also mentionable. It has a goal to change the way of transactions for goods using this innovative technology.

Insights of this Platform

Incorporates cross-sectional layers alongside diversifying security schemes, which makes it an effective and reliable platform.
Generates dynamic API, and algorithmic trading makes it usable for integrating third-party trading platforms.
The scalable engine ensures the minimum time so that every transaction can be completed in real-time.
As an innovative blockchain project, it concentrates on anti-money laundering that aims to increase the adoption of cryptocurrency globally.
It has a modernized approach to record the data of token order, and digital wallets are also available for instant trading.

Visit Bittrex

6. Poloniex

Polonies is a rapidly growing cryptocurrency exchanging platform that has almost doubled its customer and monthly traffic. The highest exchanging volume for altcoin has made it popular among traders and investors. You can transact almost any cryptocurrencies, and lower trading fees are also well-known, which is below 0.20%.

Insights of this Platform

You can trade all kinds of digital assets from BTC and ETH to altcoins and stable coins to invest in innovative projects and achieve objectives.
It has a goal to spread the necessity of becoming a part of the financial revolution by promoting cryptocurrency through the go platform.
Uses the algorithmic approach to initiate trading and mix with researched strategies for providing a competitive advantage.
A large number of pairs among the leading cryptocurrency trading sites are supported, while strict security remains focused.
Stores the maximum amount of data offline and tries to store the exact amount of funds required to ensure seamless trading.

Get Poloniex

7. CEX.IO

As a platform where more than 3,000,000 happy customers take part in crypto trading, it has already earned people's trust and has become a reliable platform for exchanging bitcoins. This platform is suitable if you want to deposit funds to sell or buy bitcoins or digital currency using Visa/Mastercard.

Insights of this Platform

It has an advanced trade engine that supports order listing algorithms to process high-volume orders in real-time.
Unique security protocols such as DDoS attacks, full data encryption, compliance with PCI DSS standards are incorporated for strong security.
It protects traders from experiencing the impact of negative balance and boost trading up to 10x.
It allows users to check their balance and transaction history utilizing their account and provides transparency while generating reports.
This platform highlights high liquidity, execution in the minimum time, and less spreading to pair up with the top currencies.
Competitive strategies and different price plans for market makers and traders make it an elite cryptocurrency exchange platform.

Visit CEX.IO

8. Changelly

It is a great crypto trading platform if you don't want to disclose your identity on the internet. You can exchange your digital asset using just an email, and there is no need to submit any government-issued ID. Besides, the advanced platform has also enhanced the experience for investors and traders.

Insights of this Platform

Affirms clients from all over the world, which makes it universal. Besides, the ability to convert both Bitcoin & Altcoin makes it more powerful.
Changelly can also work as a widget, and you can use it on other applications to enable users to convert their cryptocurrencies.
Users get full freedom if they want to initiate any trading because there is no minimum or maximum limit.
Mobile responsive website alongside android & ios applications permits users to track their transactions on the go.
This platform emphasizes security, and none of the funds are available online instead of in the user's wallet.

Visit Changelly

9. Bitbuy

This crypto trading platform in Canada has a reputation for being the most responsive and fast platform for processing crypto transactions. Although the service is limited only to Canadians, the number of traders is pretty high. Direct customer service and secure activation of user accounts are responsible for the rapid growth of this platform.

Insights of this Platform

Security is not an issue in this platform as it provides 2-factor text-based authentication and a sophisticated IT base.
More than 95% of their customer's coins are stored in the cold wallets and not disclosed online.
You can deposit a high amount of money, and several payment options are also available.
It does not compare the rate for all currencies, and only Bitcoin, Bitcoin Cash, Ether, Litecoin, and Ripple are available.
Offers to provide funding in 2 hours through their Express Interac e-Transfer deposit method.

Visit Bitbuy

10. Changenow

It offers hassle-free trading as a crypto trading platform as you do not need to open an account. None of your transaction data is stored in the database, although Changenow assures your safety. It also breaks the boundary of the exchanging limit, which sets a high standard for the platform.

Insights of this Platform

Every transaction is completed within 15 minutes, where you can pay using your Visa or Mastercard.
The user-friendly platform automatically detects the best exchange rate for the traders.
As there is no need to check the exchange rate, it saves a lot of time for the investors.
You can exchange more than 160 types of crypto while fiat-to-crypto is also available.
No hidden cost, 24/7 support, and smart applications make it much reliable to the traders.

Visit Changenow

11. Shapeshift

Shapeshift is claimed as the best crypto trading platform by so many investors and tradespeople worldwide. It maintains more than 110 cryptocurrencies, and a free account is required to starts transacting. The convenient platform is uncomplicated to utilize, and you can transfer your money quickly to the receiver.

Insights of this Platform

Exchange rate speculated in real-time, and you need not spend a single penny on seeing the prices.
This platform is intended to serve the purpose of an API, and trusted partners can use the API by implementing OAuth.
It was never so easy to work with Ripple cryptocurrency before the arrival of Shapeshift.
You can trade anonymously, although security is ensured in each step of trade.
Works like a crypto vending machine and focuses on fast, private, and reliable execution.

Visit Shapeshift

12. Bitstamp

Bitstamp is operating as one of the leaders in the industry of cryptocurrency. They are already enough matured to provide better service and ensure protection. Besides, the ability to cash out directly to your bank account and no withdrawal limit have helped it possess its position for a long time.

Insights of this Platform

Reliability is proven since 2011, and more than 98% of digital assets are stored in cold storage.
Encourages beginners by offering simplicity in the user interface in the mobile application and website as well.
Besides, it has advanced, unique, and tools to get insights into the experienced merchant market.
High-Performance FIX and HTTP APIs help deploy your own set of strategies on marketplaces or trading sites.
Bitstamp offers several account types and security features like multi-sig technology.

Visit Bitstamp

13. Coinmama

As a major crypto trading platform, Coinmama is operating in the industry since 2013. It focuses on the ever-changing development process to render the best service for the traders. You can buy Bitcoin, Ethereum, Ripple, and other demanded cryptocurrencies, and there is no need to deposit. You can instantly start trading once your account is verified.

Insights of this Platform

This platform offers a bitcoin calculator. You can check the rate in your currency in real-time.
It promotes a digital wallet for the customers and focuses on security & privacy standards.
You will not be able to integrate this platform with any other third-party platform as there is no available API.
This platform is famous for its transparency in service and user-friendly responsive interface.
Supports all the popular payment methods. This platform also accepts western union payments.

Visit Coinmama

14. Bitsquare

This is one of the most flexible cryptocurrency trading sites. It uses an open-source and peer-to-peer network for exchanging your national currencies with the crypto. As no account is required, you can access it anytime and start trading. If you are not sure in disclosing your identity, then you can try this platform.

Insights of this Platform

Its operation entirely relies on the individuals associated with the platform as it uses a decentralized network.
This platform never holds any of your information and allows you to share information with the trading partner only.
It offers significant opportunities for the developers, and source code is available on Github and Slack.
It does not control your wallet; preferably, all the bitcoins are stored in multi-signature addresses.
If you want to dispute your trade, Bitsquare applies the arbitrator system to handle, and any transaction is completed within 10 minutes.

Visit Bitsquare

15. LocalBitcoins

LocalBitcoins is an excellent platform if you want to buy or sell bitcoin at a specific rate completely controlled and set by you. It automatically detects a person's location and shows the current rate of different cryptocurrencies in his/her currency. This platform also allows payment through local online payment gateways.

Insights of this Platform

The process is straightforward. From account creation to a digital wallet, all the steps can be done within a few minutes.
You can buy or sell your digital assets by meeting the trade partner as this platform human to human interaction.
Posting an advertisement is made fun through the interactive platform offered by LocalBitcoins.
Supports a wide range of payment methods, although the exchange rate is pretty high.
Maintains security with sophisticated strategies, P2P network, and community-focused culture.

Visit LocalBitcoins

16. LinkCoin

LinkCoin is one of the newcomers in the industry of cryptocurrency. It has been introduced over the counter for Altcoins for the first time in the world. This platform is formed using the experience of the stock exchange, investment banking, and brokerage firms. Ensuring high-quality security and user experience has already gained firm popularity after starting the journey in 2017.

Insights of this Platform

The platform is intelligent and provides liquidity when it comes to exchanging digital assets.
Uses OTC rather than a traditional stock exchange. Trading is completed between the partners only.
Service-oriented architecture and multi-signature technology are incorporated to provide the highest safety.
Minimizes the trading time significantly. Payment, token generation, all the tasks are completed within 5 minutes only.
Web, Android, and IOS platforms are also available to make the system more efficient and usable on the go.

Visit LinkCoin

17. Binance

If you want to indulge yourself in one of the most demanding cryptocurrency exchange platforms, then this is the platform you might be interested in. Even if you are a beginner in this sector, this platform will guide you to become an expert through its multi-dimensional UI and creative framework.

Insights of this Platform

Capable of processing 1,400,000 orders per second, which makes it the most powerful world-class matching engine.
Separate functions for client management, data management, and application processing make the system handier.
For ensuring security multi-layered approach and clustering technique is working behind the trading process.
Mobile applications alongside separate desktop applications for windows and mac are also available.
Start your crypto trading platform or marketplace by integrating the open-source API.

Visit Binance

18. Gemini

This cryptocurrency exchange platform focuses on trading at low risk, but confirming recurring purchases across the order books is the central part of its goal. This platform is working to promote the adoption of cryptocurrency since 2016. It started the journey as a Newyork based company and has already expanded to Hong Kong, Singapore, South Korea, and Japan.

Insights of this Platform

Gemini takes responsibility for your money and offers powerful tools to harness the future of your portfolio.
It is the first platform to clear the SOC 2 Type 1 examination to become a trusted SaaS provider.
Gemini is one of the very few crypto trading platforms with its Auction function when many crypto-assets are dealt with.
Holds most of the funding in offline wallets, and you can start trading with literally any amount of deposited money.
Charges 0.25% standard fees from the users and also has maker-taker prices like other crypto trading platforms.

Visit Gemini

19. Huobi

This trading place is only available to US citizens. This is very popular among the people due to its fast and reliable conversion over other cryptocurrency exchange platforms. Besides, if you want to transfer your asset from Huobi global to Huobi OTC, you can do it freely in this marketplace.

Insights of this Platform

This platform lets you generate tokens and giveaways in one of the world's most advanced currency trading platforms.
Premium currency wallets of this platform are powered by DDoS-mitigation layer & multi-stage authentication.
You can integrate Huobi using API, which is open-source and supported by a wide range of platforms.
More than a hundred pairs are available to trade, and you can buy real products using Huobi Tokens.

Visit Huobi

20. Luno

Luni is powered by a robust trade engine that has many extensive features. Although the system is safe and reliable, you can only exchange Bitcoin and Ethereum. The platform is easily understandable, and in every step, you will be guided through detailed guidelines.

Insights of this Platform

Luno can be referred to as one of the early birds that offer crypto trading on digital platforms.
Has customers from over 40 countries and products of different types. Besides, it has already processed more than 8 billion dollars.
They provide service and customer support in many languages and make it easy to use for the traders.
The security system is very sophisticated, and 2FA makes it a better place for investors.

Visit Luno

21. Coinigy

Coinigy started its journey in 2014, and since they have maintained their reputation through their premium customer support. If you want to take your portfolio to the next level, its premium portfolio suit can help you a lot. You can build, manage, evaluate your portfolio, and exchange through all kinds of platforms.

Insights of this Platform

Offers starter, pro, and API developer account, and price ranges from 0$ to 99$ per month.
Your security is never controlled and supported by the world's most exchange platforms.
Operated by cloud-based platforms and Google Data Centers ensures superior 99% uptime.
It provides real-time API for the developers, and huge data is ready to use for both individuals or companies.
Coinigy encrypts all of your data while protected by multi-tiered architecture.

Visit Coinigy

Finally, The Insights

Cryptocurrency is going to replace traditional currency in the near future. As a result, demand and prices are going higher day by day. In case you are not usual with the concept of cryptos yet, this is high time to start your journey. To get going with the latest features of the digital currency exchanging platforms, you must choose a good platform.

You can start exploring with any of the described cryptocurrency exchange platforms above. Exchange rates, payment methods, deposit types, account management, and security are the issues you should keep in mind while choosing the cryptocurrency trading site that suits you best.