The world's leading cryptocurrency exchanges by 2025

In 2025, Binance led cryptocurrency exchanges with $22.65B in 24-hour volume, followed by Zedcex ($16.02B), Crypto.com ($10.04B), Bybit ($7.09B), and Indoex ($6.31B), showcasing a dynamic market landscape.

Mar 07, 2025 at 09:10 pm

In the world of cryptocurrencies, exchanges are important as bridges connecting investors and markets. As the cryptocurrency market continues to develop and evolve, different exchanges are also constantly competing to provide better services, richer trading pairs and a safer trading environment. Let’s take a look at the ranking of the world’s leading cryptocurrency exchanges in 2025.

Binance

Binance has always been a giant in the global cryptocurrency trading field. Taking the data on January 30, 2025 as an example, its 24-hour trading volume reached US$22.65 billion. It is known for its wide range of token choices, and whether it is mainstream Bitcoin, Ethereum, or various emerging altcoins, users can find corresponding trading pairs on Binance.

Binance's transaction fees are relatively low, which attracts a large number of trading users. Its advanced trading platform has a full range of functions, and whether it is a novice or a professional trader, you can find trading tools and interfaces that suit you. However, Binance also faces some regulatory challenges, such as reaching a huge settlement agreement with relevant US institutions.

Zedcex Exchange

Zedcex Exchange also performed very well in 2025, with 24-hour trading volume reaching US$16.02 billion, ranking second. It has gradually emerged in the market, providing users with diverse trading options, and continuously optimized in terms of trading experience and user services, attracting the attention of many cryptocurrency enthusiasts. Although its popularity may not be as high as Binance, it is rapidly accumulating users and market share with its own advantages.

Crypto.com Exchange

Crypto.com Exchange's 24-hour trading volume was $10.04 billion. The exchange offers a wide range of cryptocurrency products and services, in addition to common spot trading, it also involves some derivative products. It focuses on user experience and attracts users to trade using its platform by launching a series of promotional activities and reward programs. At the same time, we have also actively worked hard in compliance to meet regulatory requirements in different regions.

Bybit

Bybit ranked fourth with a 24-hour trading volume of $7.09 billion. It has performed well in derivatives trading, especially favored by futures and perpetual contract traders. The platform provides high-leverage trading options to meet the needs of some investors with higher risk appetite. Bybit is simple and intuitive in the design of the trading interface, and has strong transaction execution capabilities and risk control system, ensuring the smooth progress of transactions.

Indoex

Indoex has a 24-hour trading volume of $6.31 billion. It has a broad user base in specific regions and focuses on providing local users with cryptocurrency trading services that meet their needs. In terms of trading products, Indoex provides some targeted trading pairs based on the characteristics of the local market, and also fully considers the situation of local users in terms of transaction fees and user support.

The cryptocurrency market is full of changes, and these rankings will change over time. When choosing an exchange, investors should not only pay attention to rankings, but also consider their own investment goals, risk tolerance, and the security and compliance of the exchange.

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