Binance is a global leading cryptocurrency exchange with a very high-liquidity volume and numerous trading features. However, there are times when you may not have access to the platform due to some regulations guiding a particular country. Should that stop you from trading? Certainly not! That is why we have outlined ten (10) Crypto Exchanges similar to Binance. Let’s check it out.
TEN CRYPTO EXCHANGES SIMILAR TO BINANCE
Formerly known as GDAX, Coinbase Pro is a global exchange platform where you can buy, sell, trade, or exchange cryptocurrencies. Owned and managed by Coinbase, it offers several trading features such as spot trading, margin trading, and more. With Coinbase Pro, you gain access to trading tools like chart patterns, indicators, limit orders, and more. However, KYC (Know Your Customer) is mandatory for all users. With a homologous trading volume and high liquidity, Coinbase Pro allows fiat currencies and offers trading pairs to its users. Some of the trading pairs include BTC/USD, ETH/USD, LTC/USD, ETH/BTC, and many others. Based on the transaction volume, the trading fee for the market maker and taker differs. For instance, transactions below $10m cost a market taker fee of $0.30% and a maker fee of 0%. Meanwhile, transactions above $100m cost a market taker fee of $0.10% and a maker fee of 0%.
Launched in 2019, FTX Exchange is a global derivative cryptocurrency exchange with a significant trading volume and liquidity. Home to several cryptocurrencies such as BTC, LTC, ETH, and more, FTX exchange allows users to buy, sell, and trade cryptocurrencies on its platforms. It supports a host of trading features such as Bitcoin options, leveraged tokens, MOVE contracts, future markets, prediction markets, spot markets, and more. It also accepts fiat deposits and withdrawals in currencies such as USD, GBP, CAD, AUD, and more. With a host of extensive benefits, FTX Exchange provides its users with other trading benefits such as OTC desk, TradingView charts, low trading fees, tight spreads, and more. Its mobile app is available for both Android and IOS users.
A veteran US-based cryptocurrency exchange that allows its users to buy, sell, and trade cryptocurrency on its platform. Home to over 40 digital currencies, Kraken offers a wide variety of trading options such as spot trading, margin trading, futures, OTC services, dark pool, and staking services. It supports fiat currencies (USD, GBP, AUD, CAD, CHF, and JPY) and accepts payment methods such as deposits and withdrawals, bank wire transfers, and more. With high liquidity and extensive customer support, Kraken’s
mobile app is available to Android and IOS users.
KuCoin is a global cryptocurrency exchange that supports the buying and selling of cryptocurrencies such as BTC, LTC, XRP, ETH, and more. Supporting over 133 cryptocurrencies, KuCoin supports several markets and hosts hundreds of cryptocurrency trading pairs. With a simple user interface, its mobile app is available to both IOS and Android users. Ku coin also offers trading options such as spot trading, margin trading, futures, and more. To get started with KuCoin, create an account here.
Headquartered in Singapore, Huobi Pro is another global cryptocurrency exchange that facilitates the purchase, sale, and trade of over 100 digital currencies such as BTC, ETH, LTC, XRP, and more. With a simple laid-out interface, Huobi’s platform provides some trading components such as charting, market depth-data, price feeds, and more. It offers hundreds of trading pairs and unique trading services such as institutional trading accounts, derivative tradings, spot and margin trading. It also constitutes a low trading fee, extensive customer support, with a mobile app available to Android and IOS users. To get started, create an account here.
A cryptocurrency exchange platform that encourages its users to adopt its social trading option. With eToro, investors can copy the trade movement of successful investors. It also offers a Copy Portfolio that allows users to copy the entire portfolio of traders instead of just one at a time. With more trading instruments, traders can maximize more profits. The site requests verification after the creation of an account. It is available to both Android and IOS users.
A global cryptocurrency exchange that supports digital assets and promotes the buying, selling, and trading of cryptocurrencies. It offers multiple trading pairs and supports fiat currencies such as USD, GBP, EUR, RUB, and more. CEX supports various payment methods as VIS, MasterCard, Sepa, SWIFT, and more. With CEX, you have access to margin trading that is encouraging for both beginners and advanced traders. However, CEC is limited to some countries such as Libya, Syria, North Korea, Côte d’Ivoire, Nigeria due to some financial regulations. Its mobile app is available for Android and IOS users.
BitFinex is an advanced trading platform that allows the purchase and sales of cryptocurrencies. It offers multiple trading pairs and a variety of order types. Although it supports lots of trading options, it is not available to US customers. It offers varieties of trading features that include derivative trading, margin trading and funding, staking and lending services, and OTC services. BitFinex supports fiat currencies such as USD, EUR, GBP, JPY and accepts payment methods such as fiat deposits and bank transfers. Its app is available for Android and IOS users.
ByBit is a P2P cryptocurrency exchange platform that allows cryptocurrency activities such as buying, selling, and trading. It offers multiple varieties of trading pairs to its users. Although ByBit does not accept fiat deposits, its partner companies such as Fiat Gateway accepts fiat. With ByBit, you have access to leveraged trading, margin trading, and more. ByBit offers two types of perpetual contracts to its users – Inverse and USDT. However, it only has three types of orders for its customers – Market, Limit, and Conventional order. With ByBit, you can start trading by creating your account and verifying your identity.
A US-based cryptocurrency exchange that has a decent trading volume and allows the exchange of cryptocurrency. It offers over 280 trading pairs and supports stable coins. With Bittrex, your funds are in secure hands as it complies to US rules. To create an account with this exchange, you have to register via your email address, do a KYC, and start trading.
Numerous crypto exchanges exist outside Binance. However, it is essential to choose the one that suits your needs and start trading.