Best Bitcoin and Cryptocurrency Exchanges 2020

Two Gold bitcoin coins.

There are hundreds of bitcoin and cryptocurrency exchanges from which to choose, which can make it difficult for newcomers to find an exchange that is right for them.

In this guide, you will be introduced to some of the most popular bitcoin and cryptocurrency exchanges that you can use to buy and sell digital currencies and tokens in 2020.

Best Digital Asset Exchanges

Exchange NameDescriptionYears in BusinessTrustPilot ScoreUser-FriendlinessNumber of AssetsSecurityScore
BinanceBinance is one of the youngest cryptocurrency exchanges in the market as it was only launched one year ago. Nonetheless, it has managed to quickly establish itself as one of the leading crypto-to-crypto exchanges.
Binance supports over 100 digital assets and provides an intuitive trading platform that even beginners will find easy-to-use once they get the hang of it. The Malta-based exchange now has over eight million users across the globe.
CoinbaseSan Francisco-based Coinbase is the first bitcoin startup “unicorn” as it was valued at over one billion dollars earlier this year. Coinbase reaches this status by being one of the leading cryptocurrency exchanges since it launched in 2012. Coinbase offers a very easy-to-use mobile and web-based platform to buy digital currencies. Its platform is available in over 30 countries and it currently services over 20 million users. When bitcoin was rallying in late 2017, its app even hit the top spot on the Apple iStore.
Currently, Coinbase supports bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC), ether (ETH) and ether classic (ETC).
BitMEXBitMEX is a digital asset derivatives trading platform for professional traders. The exchange was founded in 2014 and emerged as one of the most popular trading platforms for experienced bitcoin traders.
BitMEX provides currency futures trading, derivatives, and other financial products.
BittrexSeattle-based Bittrex quickly emerged as one of the most popular cryptocurrency exchanges for those who are particularly interested in investing in altcoins after it launched in 2014. Bittrex offers a wide range of digital assets and regularly adds (and removes) coins and tokens to meet investor demand. Investors who are very active in the initial coin offerings (ICO) market are generally very fond of Bittrex as it is often one of the first exchanges to list new ICO tokens.61.8412553.5
LocalBitcoinsLocalBitcoins is the most popular peer-to-peer bitcoin trading platform in the world. The Finland-based exchange was founded in 2012 and has managed to gain substantial popularity in emerging markets due to its wide range of fiat currency payment options.82.35143.5
GeminiGemini is a regulated cryptocurrency exchange that enables investors to buy and sell bitcoin, Ether and Zcash.
The exchange was founded in 2014 by the Winklevoss brothers and also offers a custodian service to its users.
HitBTCHitBTC was launched in 2013 and managed to establish itself as one of the bitcoin exchanges with the highest BTC trading volumes.
The exchange offers over 300 digital assets for an investor to buy and sell, making it very popular among altcoin traders.
HuobiSingapore-headquartered Huobi is one of the most popular exchanges in Asia. The exchange was founded in 2013 and emerged as one of the go-to trading platforms for Asian cryptocurrency investors.73.1411543.5
KrakenKraken was founded in 2011 and has continuously expanded its digital asset offering to meet the demand of its users. Currently, the platform offers 17 digital assets including bitcoin (BTC), litecoin (LTC), and ether (ETH) and provides a trading dashboard with a range of charting tools and historical price data. Kraken’s user interface can be somewhat challenging to novices, which is why it is generally recommended for more experienced investors. 92.241743.5
PoloniexPoloniex was launched in 2014 to offer investors greater access to altcoin investing. In the years to follow, the exchange managed to establish itself as one of the go-to altcoin trading platforms due to its range of investable assets and margin trading features.
In 2018, Poloniex was bought by the prominent bitcoin startup Circle.
OKExHong Kong-based OKEx was founded in 2014 to provide Asian investors with access to bitcoin and other digital assets.
OKEx offers over 170 investable assets as well as futures trading.
BitfinexBitfinex was founded in 2012 to provide cryptocurrency investors with a wide array of digital currencies and tokens in which to invest. The Hong Kong-based exchange has continuously ranked as one of the exchanges with the highest bitcoin trading volumes.83.349733.5
BitstampSlovenia-based Bitstamp was founded in 2011 to provide easy access to bitcoin trading for European customers. The exchange quickly managed to emerge as one of the go-to exchanges for European bitcoin investors.82.34543
ChangellyChangelly was launched in 2015 to provide cryptocurrency investors with an easy-to-use platform to purchase digital assets, with over two million registered users that supports over 130 digital coins and tokens. On Changelly, you can purchase bitcoin and other digital assets using a credit card, but the exchange is mainly known for its crypto-to-crypto trading service for which it charges only a 0.5 percent fee. Changelly is able to offer excellent conversion rates as it uses the trading API from several leading exchanges to receive the best prices.54.4513534
CoinBeneSingapore-based CoinBene was launched in 2018 but quickly managed to secure a top spot among the bitcoin exchanges with the highest BTC trading volumes. The exchange offers over 100 investable digital assets, which makes it popular among investors who want to trade a wide range of coin and tokens.32.8310543
CoinCornerCoinCorner was founded in 2014 and surpassed 100,000 users within three years. The UK-based company now serves over 150,000 users in over 45 countries. 63.74443.5
itBitNew York-based itBit launched in 2013 to provide investors with easy access to bitcoin. Since then, the exchange has managed to establish itself as one of the go-to trading platforms for US investors. itBit also offers OTC trading services for large investors who want to trade outside of exchanges.8n.a.4143
LiquidJapanese cryptocurrency exchange Liquid (formerly Quoine) was founded in 2014 to enable local investors to purchase bitcoin and other digital assets. Liquid also provides leverage trading services to its users.63.141043.5
BitMartBitMart is a Cayman Islands-based digital asset exchange that was launched in 2017 to offer crypto-to-crypto trading for investors across the globe. BitMart has offices in the United States, China, and South Korea. 33.746743.5
CEXLondon-based is one of the oldest bitcoin exchanges in the UK. It allows investors from around the globe to purchase several different digital assets with a range of fiat currency payment options.73.74833.5
CoinExLaunched by ViaBTC in 2017, UK-based CoinEx offers a range of investable assets.
The exchange also offers an OTC trading service for large investors.

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There are over 500 bitcoin and cryptocurrency exchanges available in the market today. However, not all exchanges are created equal. It is best to weigh your options, ensuring that you only trade on secure, reputable exchanges that offer an excellent user experience combined with good customer service.

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