The team at TradeCrypto has spent a lot of time evaluating exchanges and comparing them against each other. The list only includes exchanges we’ve used ourselves and will continue to grow as new interesting exchanges emerge.
You’ll notice that all of the exchanges require Bitcoin deposits. You won’t be able to purchase cryptocurrency on their site using your credit card of EFT. If you don’t have any Bitcoin yet, we would recommend following our guide on buying from a local broker.
Criteria explained
Cryptos supported
How many cryptocurrencies are supported by the exchange? If you’re a beginner I suggest sticking to Bitcoin only. If you’re interested in investing or trading altcoins, then there are specific exchanges which are more relevant.
Sign up bonus
Some exchanges pay bonuses for signing up, depositing your first Bitcoin or sharing to social media. Whilst this amount isn’t incredibly high, I consider ut enough to try out an exchange without the risk of losing your own money.
Fees
Most exchanges have a different fee structure, charging different Taker, Maker and Withdrawal fees.
Security
The security score is determined by the Mozilla Observatory tool, which grades website according to a number of tests checking if the website has implemented industry best practices and is secure for transactions.
My Rating
My rating is based on a few factors such as:
- Features
- Ease of use
- Speed and reliability
- System downtime