Top Cryptocurrency Exchanges Ranked By Volume | CoinMarketCap (2024)

FAQs

What are the largest crypto exchanges by volume? ›

Binance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies.

Uniswap is the biggest decentralized exchange for Ethereum by total value locked, with a TVL of more than $4 billion! This makes it an excellent option for investors looking to swap Ethereum and ERC-20 tokens as the dex has high liquidity and low slippage.

As of today, we track 222 crypto exchanges with a total 24h trading volume of $104 Billion, a 68.68% change in the last 24 hours. Currently, the 3 largest cryptocurrency exchanges are Binance, Bybit, and OKX. Total tracked crypto exchange reserves currently stands at $196 Billion.

Which is bigger — Coinbase or Binance? Binance is the world's largest platform in terms of trading volume, while Coinbase is one of the most popular exchanges in the United States.

Larger exchanges like Binance.US and Kraken offer more features and greater customer support. Overall, our top pick is Crypto.com Exchange. It offers a wide range of cryptocurrencies and some of the lowest fees in the industry.

Kraken vs Coinbase cryptocurrency exchange overall score comparison reveals that Kraken has a higher overall score of 9.6, while Coinbase gathered an overall score of 9.1. If we look at the ease of use, it's clear that in this Kraken vs Coinbase comparison, Kraken has better & smoother user experience than Coinbase.

Tier 1 exchanges typically offer high liquidity, stringent security measures, a global user base, and comprehensive listings of various digital assets, providing a robust and trustworthy trading environment.

What is the most decentralized crypto? ›

1. Bitcoin. Despite the problem of mining centralization described above, Bitcoin remains the most practically decentralized network in the world. Even large mining pools wouldn't be able to exercise control over the Bitcoin network.

Top Decentralized Crypto Wallets

Exodus – Popular decentralized wallet with high security and a built-in exchange. Ellipal – Ellipal Titan 2.0 offers offline QR codes, EAL5 certification, and auto-destruct. Ledger Nano S Plus – Supports thousands of cryptos and integrates with other software wallets.

FTX was the third-largest cryptocurrency exchange in the world when it filed for bankruptcy protection in November 2022 after it experienced the crypto equivalent of a bank run. CEO and founder Sam Bankman-Fried resigned when the exchange collapsed.