KuCoin has earned the nickname ‘People’s Exchange’ thanks to its extensive listing of altcoins, many of which aren’t available on bigger platforms. It also offers margin trading, lending, and its own token, KCS, with trading discounts. KCEX offers zero fees on spot trading, making it the cheapest for active users.

Top 6 Binance Alternatives Reviewed

It also runs community campaigns, trading competitions, and reward programs that drive engagement and highlight smaller assets. Unlike Binance, where DeFi access requires external wallets, OKX integrates it into the trading interface. Traders can move between staking, swapping, and margin trading without needing a browser extension.

• If you’re evaluating exchanges similar to Binance, our list of top crypto trading platforms like Binance will help you make an informed and profitable choice.
• With a base fee of 0.1% for both makers and takers in spot trading, KuCoin provides a cost-effective trading environment.
• And consider starting with an amount that’s a sliver of your overall investment portfolio, rather than making crypto your main investment right off the bat.

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Moreover, the future platform has perpetual contracts settled in USDT and leveraged crypto EFTs to choose from. One aspect that MEXC provides for its users not currently available on Binance is the MEXC Copy-Trading Program. Users can find the most profitable crypto traders and copy their trades. While it isn’t the biggest crypto copy-trade platform in the world, it’s a great feature to learn from quality crypto traders.

• PrimeXBT is known for its high liquidity and deep order books, especially for BTC and ETH.
• You will also learn the pros and cons of each service to help you choose the right platform for your portfolio.
• Others may provide niche services like high liquidity for specific tokens or integrated DeFi features that Binance may not yet offer.
• In addition, you are able to get an additional discount of 25% when using BEST for paying trading fees.

OKX is known for its reliability and the cutting-edge blockchain technologies on which it operates. The margin platform, in particular, is well-laid out and has a similar appearance to Binance Futures. Moreover, Binance fee rebates and tiers are based on trading volume and holding a BNB balance. Bybit also offers trading fee rebates for its leveraged market; however, it works differently as there is no requirement to stake or hold any coins.

Kraken – Best Binance Alternative for Extra Security

Binance continues to hold its crown as the largest exchange, commanding nearly 40% of the centralized exchange market share. While its dominance has slightly reduced from earlier highs of more than 50%, Binance remains the go-to choice for millions of traders worldwide. Bitcoin is highly liquid and has plenty of expert analysis that you can review, whereas smaller altcoins might be harder to trade and assess.

Huobi Global is one of the largest cryptocurrency exchanges in Asia and offers a wide selection of digital assets, trading pairs, and advanced trading features. Like Binance, Huobi provides users with access to margin trading, futures trading, staking, and lending services. The platform is known for its deep liquidity and competitive fee structure, which makes it appealing to high-frequency traders. Bitfinex is an advanced trading platform that offers a wide range of cryptocurrencies and extensive trading features, including margin trading, lending, and staking. It’s a popular Binance alternative for experienced traders who require high liquidity and sophisticated trading tools. Bitfinex is known for its low trading fees, especially for users who trade in large volumes.

Binance – Favorite Crypto Trading Platform for All-Round Trading

Whether you’re a beginner or a pro, there’s an exchange that fits your style. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

This space changes rapidly and evolving, so please make sure to do your own research. Although we do our best to provide you the best information, we cannot guarantee the accuracy or applicability of any information on this site or in regard to your individual circumstances. Some allow limited trading without verification, but if you plan to move large sums or use fiat ramps, you’ll likely need to verify your identity. Traders who track narratives or hunt early momentum can use these platforms to position ahead of the crowd. Kraken and OKX are the safest bets if you’re in a regulated country and don’t want to deal with VPNs or geo-restrictions. Bybit, for example, blocks U.S. and Canadian users unless they route around it.

However, determining which platform is best is down to individual preferences. Binance has slightly lower fees than Kraken, which will be a dealbreaker for some traders. Therefore, it is important to spread your risk and seek out some Binance alternatives.

Which exchange is cheapest for BTC & ETH?

PrimeXBT charges a flat trading fee of 0.05% with additional overnight financing fees for extended trades. It supports various order types, including market, limit, stop, and OCO orders, all executed through a highly reliable system designed for minimal latency. During my research, I noticed its focus on making crypto accessible. Pionex, established in 2018, has solved many problems for crypto investors. It offers trading solutions for crypto products to retail, HNI, and enterprise customers.

While OKX operates globally, its regulatory status varies across jurisdictions. Users should be aware of the platform’s compliance with local regulations, especially in regions with stringent crypto laws. While Bybit has expanded its fiat deposit and withdrawal options, the availability varies by region, and some users may find the fiat support less comprehensive compared to other platforms.

Bybit’s sponsorship deals and strong marketing push have helped it create visibility even beyond the crypto trading community. Binance remains the cheapest for spot trading with just 0.10% fees. As a global exchange with a large user base, Binance offers competitive rates. However, DEX swap fees on BestWallet are competitive depending on liquidity and gas costs.

One of its standout features is regulatory compliance, which makes it an attractive option for users looking for a highly regulated and trusted exchange. Bybit is known for its innovative trading features, such as dual asset investments and copy trading, making it an attractive option for traders exploring exchanges similar to Binance. Its user-friendly platform and competitive fees enhance the trading experience. As one of the top crypto exchanges like Binance, Bybit’s focus on derivatives and innovative tools positions it as a leading platform in 2025.

With its aggressive listing strategy, Gate.io has become a favorite among traders who want exposure to emerging cryptocurrencies before they gain traction on larger exchanges. The platform has also continued to build its derivatives and savings products to compete with bigger rivals. Kraken stands out for its robust security measures, including proof-of-reserves audits and multi-layered protection. Kraken allows users to fund their accounts through various fiat gateways, making it easy to start trading. It’s great for users wanting direct bank deposits to buy BTC & ETH. Advanced traders can execute complex strategies using Kraken’s sophisticated trading tools.

Regardless of your motivation for seeking Binance alternatives, the exchanges highlighted in this article offer robust options for trading, managing, and storing your cryptocurrency. KuCoin built its reputation as a launchpad for emerging tokens, listing coins long before they reach more conservative platforms. The exchange supports over 700 assets and offers a wide range of trading formats, from spot to futures to leveraged tokens. Its global footprint remains large despite regulatory hurdles, partly due to its flexible KYC policies and strong community backing. KuCoin stands out for its extensive altcoin offerings and advanced trading tools, making it a strong choice for traders looking to explore beyond the conventional cryptocurrency options. However, potential users should weigh the platform’s regulatory status and customer support responsiveness Binance cryptocurrency exchange when considering it as their primary exchange.