List of the world's leading cryptocurrency exchanges in 2025

In 2025, globally renowned cryptocurrency exchanges such as Binance, OKX, Huobi, Coinbase, Kraken, Bybit, KuCoin, Gate.io, Crypto.com and BitMEX will continue to compete fiercely.

Apr 02, 2025 at 02:15 pm

The cryptocurrency market continues to expand, and competition among major cryptocurrency exchanges is becoming increasingly fierce. Which cryptocurrency exchanges can stand out in 2025? Next, let’s take a look at what are the world’s well-known cryptocurrency exchanges.

1. Binance

Founded in 2017, Binance has become one of the world's largest cryptocurrency exchanges. Its advantages are very significant. First of all, it has a wide range of assets and provides trading pairs of more than 300 digital currencies, which can meet the needs of different users; it has low transaction fees and an advanced trading platform, providing traders with a wide range of order types and trading tools; it has long been ranked first in trading volume, covering more than 200 countries and regions. Its native token Binance Coin (BNB) has a considerable market value. As Binance Exchange continues to expand its business and launches new services, the demand and value of Binance Coin may increase accordingly.

2. OKX

Founded in 2013, OKX is a Seychelles-based cryptocurrency exchange with offices in the United States and elsewhere around the world. OKX has more than 50 million active users and an average daily trading volume of more than US$20 billion. It not only provides regular spot and futures trading, but also provides a wealth of financial products such as derivatives, leveraged trading, pledge, and DeFi.

3. Huobi

Huobi once occupied an important position in China and is now a large exchange facing the world. The transaction has more than 20 million active users and an average daily trading volume of more than US$5 billion. It is known for its security, stability and international influence, and provides a wide range of trading products and services, including spot trading, contract trading and OTC services.

4. Coinbase

Coinbase is a US-based cryptocurrency exchange known for its ease of use and accessible platform, with over 100 million active users and an average daily trading volume of over $3 billion. It provides Bitcoin trading services to individuals and institutions and monitors price changes in virtual currencies in real time.

5. Kraken

Kraken is a US-based cryptocurrency exchange with more than 5 million active users and an average daily trading volume of more than $1 billion. It is one of the oldest crypto exchanges in the world, and it excels in compliance and security.

6. Bybit

According to Kaiko data report, Bybit's market share rose from 8% to 16% since October 2023, surpassing Coinbase in March 2024 to become the second largest exchange after Binance. Bybit has seen significant growth following the launch of Bitcoin Spot ETFs in the United States, driving global cryptocurrency trading and is one of the major players in the global cryptocurrency trading field, focusing on cryptocurrency derivatives trading.

7. KuCoin

KuCoin is a platform that provides a variety of cryptocurrency trading services, supports transactions of multiple digital currencies, has relatively low transaction fees and a friendly user interface, providing users with a relatively convenient trading experience.

8. Gate.io

Gate.io supports transactions in more than 800 cryptocurrencies, covering many more unpopular and niche currencies. The exchange offers a wide range of trading pairs, lending and mortgage services, supports a variety of fiat currency deposit channels and offers transaction fees as low as 0.05%.

9. Crypto.com

Crypto.com is an exchange that provides a variety of cryptocurrency trading services. It has a certain user base around the world and provides a rich trading product and service.

10. BitMEX

BitMEX is a well-known cryptocurrency derivatives exchange that provides futures, options and other trading products for cryptocurrencies such as Bitcoin, and has a high reputation in the derivatives trading field.

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