As one of the largest US-based, globally recognized cryptocurrency exchanges, Coinbase is a user-friendly digital marketplace with an intuitive and streamlined interface and a library of educational content
A Coinbase One subscription costs $29.99 a month and offers lower trading fees, tax help, and priority customer support. Maker and taker fees on Coinbase Advanced range from 0% to 0.6%.
Binance has been the subject of lawsuits and challenges from regulatory authorities throughout its history. As a result, Binance has been banned from operating or ordered to cease operations in some countries, and has been issued fines. It has been alleged that Binance could be used as a funding mechanism for terrorist groups. In November 2023, the company pleaded guilty in a U.S. federal court to money laundering, unlicensed money transmitting, and sanctions violations
| No. | Exchange | Trust Score | 24h Volume |
| 1 | Binance | 10/10 | $16,231,231,582 |
| 2 | Bybit | 10/10 | $5,377,773,793 |
| 3 | Coinbase | 10/10 | $5,337,890,979 |
| 4 | OKX | 10/10 | $4,753,776,769 |
A crypto exchange functions as a digital marketplace where users can buy, sell, or trade various cryptocurrencies by placing orders on an order book, with the exchange acting as an intermediary to match buyers and sellers, similar to a stock exchange, allowing users to trade crypto for other crypto or traditional fiat currencies like USD, all while charging fees for each transaction; essentially, it facilitates the exchange of cryptocurrencies between individuals by matching buy and sell orders at agreed-upon prices.
Sign up on a crypto exchange platform and verify your identity.
Deposit fiat currency or transfer crypto to your exchange wallet.
Select the cryptocurrency you want to buy or sell, choose the order type (market or limit), and enter the desired amount.
Once a matching order is found, the trade is executed.
