As of January 2025, the top 10 cryptocurrency exchanges by trading volume are:
- Binance: Founded in 2017 by Changpeng Zhao and Yi He, Binance is the world’s largest cryptocurrency exchange, offering a wide range of services including spot and margin trading, staking, and an NFT marketplace.
- Bybit: Established in 2018, Bybit is known for its advanced trading technology, offering up to 100x leverage on major cryptocurrencies and a user-friendly interface.
- OKX: Founded in 2013, OKX provides a comprehensive suite of services including spot and derivatives trading, staking, and a native wallet supporting multiple networks.
- Coinbase: Established in 2012, Coinbase is a US-based exchange known for its user-friendly platform, offering services like spot trading and a digital wallet, catering to both beginners and professional traders.
- Upbit: Launched in 2017, Upbit is South Korea’s largest cryptocurrency exchange, supporting over 180 cryptocurrencies and offering services like an NFT marketplace and staking.
- Kraken: Founded in 2011, Kraken offers a variety of services including spot and margin trading, futures, and staking, supporting over 100 crypto assets and multiple fiat currencies.
- KuCoin: Established in 2017, KuCoin supports a wide range of cryptocurrencies and offers services like derivatives trading, P2P exchange, and staking, serving over 30 million users worldwide.
- Gate.io: Launched in 2013, Gate.io supports over 1,400 cryptocurrencies and offers services including spot and margin trading, derivatives, and staking, with a focus on user-friendly features and customer support.
- HTX (formerly Huobi): Created in 2013, HTX operates in over 100 countries, supporting over 500 crypto assets and offering services like spot and margin trading, futures, and staking.
- Bitfinex: Co-founded in 2012, Bitfinex is one of the oldest cryptocurrency exchanges, offering services like margin trading, lending, and over-the-counter (OTC) trading, catering to professional traders.
These exchanges are recognized for their high trading volumes, diverse service offerings, and global user bases.