In order to trade cryptocurrencies safely and profitably, it’s vital that you choose a good exchange to trade on. Cryptocurrency exchanges drastically vary in terms of security and usability, so we’ve put together this guide to help you find the best exchange. Having traded cryptocurrencies since 2012, we have a pretty good idea about which exchanges are best for you. The following top 10 crypto exchanges have been ranked based on their fees, customer support, safety and general user experience. This guide is about exchanges for trading spot cryptocurrencies without leverage. If you are looking to trade with leverage (margin), then check out the best crypto margin exchanges here.
Now that we’ve covered the safe and legitimate crypto exchanges, it’s time that we look at some of the untrusted exchanges with a shady history. Stay away from the following exchanges: