There are nearly 600 cryptocurrency exchanges worldwide inviting investors to trade bitcoin, ethereum and other digital assets.
But costs, quality and safety vary widely. With an emphasis on regulatory compliance, here is Forbes Digital Assets ranking of the top 10
#1 | Coinbase: Coinbase is the largest cryptocurrency exchange in the U.S.; it went public on Nasdaq via an $86 billion direct listing, the biggest in history. It is regulated by the New York DFS
#2 | Kraken: Regulated in the U.S., U.K. and select Asian Pacific jurisdictions, U.S.-based Kraken caters toward intermediate and advanced crypto traders. It serves all U.S. states
#3 | Robinhood Robinhood is a publicly-traded, U.S. based, and SEC-regulated broker dealer offering commission-free crypto and stock trading. It offers a relatively low number of assets for trading
#4 | Crypto.com: Singapore-based, U.S.-regulated Crypto.com paid $700 million for the naming rights to the former Staples Center in Los Angeles. It trades 169 coins and offers 349 trading pairs
#5 | FTX Fast-growing FTX (valued at $32 billion) led by 29-year old wunderkind Sam Bankman-Fried has quickly become one of the largest exchanges in the world by volume,
#6 | Binance: Binance, the world’s largest cryptocurrency exchange by reported volume, offers clients massive breadth of crypto pairs - more than 1600 - across spot, derivatives, and DeFi markets
#7 Huobi Global: Founded in 2013 in China, Huobi caters towards intermediate and advanced traders. Aside from offering spot markets for 200+ assets, the firm also provides derivatives,
#8 | Gemini: Founded by the Winklevoss brothers in 2013, Gemini is a U.S.-based and regulated crypto exchange that heavily leans into its image promoting regulatory compliance
#9 | GMO Coin: One of the largest Japanese crypto exchanges, GMO Coin offers one of the lowest trade costs in the industry at -1 basis point for makers and 5bp for takers
#10 | eTORO: eToro is a globally-regulated firm with a $9.6 billion valuation that offers multi-asset trading to more than 1.5 million clients and 19 million users