Best Crypto Exchanges in 2025 – Top Platforms Ranked for Fees, Security & Features.

Looking for the best crypto exchanges in 2025, where you can trade spot and derivatives with low fees and high security? Today, we’ll review some of the top platforms like Best Wallet, OKX, and MEXC, to give you the top five options worth exploring.

We’ll break down essential features, including the number of supported cryptocurrencies, accessibility and ease of use, quality of customer support, leverage levels, and payment options, so you can determine which exchange best fits your needs.

We will also explore some advanced features and inform you about which exchange offers exposure to Web3 and decentralized finance tools, allowing you to discover additional ways to earn passive income. Keep reading to learn more.

Best Crypto Exchanges of 2025 – Quick Overview

Here’s a quick overview of our selection of the top Bitcoin exchanges:

<figure class="block-table">
<table>
<tr>
<th>Project</th>
<th>Why It’s On Our List</th>
<th>Key Features</th>
<th>Available in the US</th>
<th>⭐</th>
</tr>
<tr>
<td>Best Wallet</td>
<td>The crypto app for trading that lets you swap crypto in seconds</td>
<td>Strong security, multi-chain support, token discovery, clean interface</td>
<td>✅</td>
<td>1</td>
</tr>
<tr>
<td>Margex Exchange</td>
<td>Top crypto exchange with up to 100x leverage</td>
<td>Up to 100x leverage, no know your customer (KYC), multi-collateral wallets, copy trading, cold storage</td>
<td>❌</td>
<td>2</td>
</tr>
<tr>
<td>MEXC Exchange</td>
<td>Supports 3,000+ cryptos at the lowest fees</td>
<td>Spot and market trading, low trading fees, MEXC Convert, cold storage</td>
<td>❌</td>
<td>3</td>
</tr>
<tr>
<td>OKX Exchange</td>
<td>Let's you trade perpetual and expiring futures at upto 125x leverage</td>
<td>Spot, margin, derivatives trading, decentralized finance (DeFi), peer-to-peer (P2P) trading, self-custody wallet, Web3 wallet, advanced security</td>
<td>✅</td>
<td>4</td>
</tr>
<tr>
<td>Blofin Exchange</td>
<td>Gives exposure to leverage trading with institutional-grade security</td>
<td>Up to 150x leverage, unified trading accounts, spot and futures trading, copy trading, cold storage, multi-layered encryption, ISO 27001 certification</td>
<td>❌</td>
<td>5</td>
</tr>
</table>
</figure>

Our Methodology – How We Vetted The Top 5 Crypto Exchanges

Our methodology for ranking the best crypto exchanges in 2025 focused on security features, trust, cost, and ease of use. 

We reviewed the top crypto exchanges and carefully weighed all these factors to reflect what matters most to beginners and experienced investors.

<figure class="block-table">
<table>
<tr>
<th>Why It Matters</th>
<th>Threshold</th>
</tr>
<tr>
<td>Security & Regulation</td>
<td>Protects user funds and ensures compliance with laws<br>Licensed/regulated in major regions; 2FA & cold storage</td>
</tr>
<tr>
<td>Reputation and Longevity</td>
<td>Reflects trust and track record<br>Operating for over three years with a positive reputation</td>
</tr>
<tr>
<td>Trading Fees</td>
<td>Directly impacts the profitability of every trade<br>&lt;0.1% spot fees; transparent structure</td>
</tr>
<tr>
<td>Liquidity & Volume</td>
<td>Ensures smooth trading and fair prices<br>$1B+ daily volume; tight spreads</td>
</tr>
<tr>
<td>Asset Variety</td>
<td>Let's users diversify across crypto markets<br>200+ listed assets, including majors & altcoins</td>
</tr>
<tr>
<td>ID Verification</td>
<td>Prevents fraud and ensures platform compliance<br>Requires KYC for fiat deposits and large(r) withdrawals; quick verification; simplified KYC process</td>
</tr>
<tr>
<td>Ease of Use</td>
<td>Makes the platform accessible for beginners<br>Intuitive interface; mobile & web apps</td>
</tr>
<tr>
<td>Payment Options</td>
<td>Lowers entry barriers for new traders<br>Supports fiat deposits, cards, PayPal, bank transfers</td>
</tr>
<tr>
<td>Advanced Features</td>
<td>Attracts pro traders and institutions<br>Futures, staking, margin, and copy trading</td>
</tr>
<tr>
<td>Customer Support</td>
<td>Helps resolve issues quickly<br>24/7 live chat; &lt;2 min response</td>
</tr>
<tr>
<td>Transparency</td>
<td>Builds user trust<br>Public audits, proof-of-reserves, clear terms</td>
</tr>
<tr>
<td>Regional Accessibility</td>
<td>Ensures users can trade from their location<br>Available in 100+ countries and compliant with local regulations</td>
</tr>
<tr>
<td>User Reviews</td>
<td>Reflects reliability<br>Positive ratings on review platforms; strong community feedback</td>
</tr>
</table>
</figure>

Deep Dives – Safest Crypto Exchanges Reviewed 

We analyzed and tested top crypto exchanges in 2025 to give you an overview of the most reliable platforms. 

⭐ Best Wallet – The Crypto App for Trading That Lets You Swap Crypto in Seconds 

Best Wallet bridges the gap between security and simplicity by combining a non-custodial wallet with powerful trading tools. You keep full control of your private keys, while gaining access to built-in features like instant token swaps, staking, and even a token launchpad.

The app supports over 60 blockchains and more than 1,000 cryptocurrencies, offering one of the broadest ranges on the market. Thanks to Best Wallet’s Onramper, you can buy crypto at competitive exchange rates with low transaction fees, making it easier than ever to move from fiat to crypto in just a few taps.

Best Wallet makes getting started simple with multiple payment options, including bank cards, Apple Pay, and Google Pay. There’s also no mandatory ID verification, so you can set up your account and begin investing within minutes.

Security is built into every layer. The wallet supports two-factor authentication (2FA), biometric logins, and ensures that your private keys are never exposed to the public. It has also been audited by Certik, with no major issues reported, adding an extra layer of trust.

Best Wallet is fully available across all 50 US states and complies with existing cryptocurrency regulations, although fiat on/off-ramp services may vary slightly depending on local requirements.

Best Wallet Overview

<figure class="block-table">
<table>
<tr>
<th>Best For</th>
<th>Fees</th>
<th>Supported assets</th>
<th>Trading Features</th>
<th>Deposit & withdrawal</th>
<th>Security measures</th>
<th>Ease of Use & Accessibility</th>
<th>Earn & Passive Income Features</th>
<th>Innovation & Integrations</th>
<th>Available in the US</th>
</tr>
<tr>
<td>Beginners and experienced investors looking for multi-chain token support and a non-custodial wallet</td>
<td>No fees for storing/receiving crypto, network fees (vary) for sending, exchange rate + unspecified spread for swapping, $BEST holders get discounts</td>
<td>1,000+ cryptos (BTC, ETH, XRP, DOGE, LTC), 60+ blockchains</td>
<td>Token swap within the app</td>
<td>Crypto and fiat</td>
<td>2FA, encryption, cloud backup, biometrics</td>
<td>No KYC in eligible regions, simple wallet setup</td>
<td>Staking</td>
<td>Token launchpad</td>
<td>✅</td>
</tr>
</table>
</figure>

Margex Exchange – Top Crypto Exchange with up to 100x Leverage

Margex offers up to 100x leverage on perpetual futures, letting traders amplify their positions well beyond their initial capital. To balance this high-risk, high-reward trading, the platform utilizes its proprietary MP Shield technology, which monitors price feeds in real-time and blocks manipulative practices such as spoofing and wash trading.

This system helps ensure fair pricing and protects traders from artificial market swings—giving you more confidence when trading with leverage.

Margex also provides strong security features, including mandatory two-factor authentication (2FA), multi-signature cold wallet storage, DDoS protection, and real-time activity alerts.

That said, Margex operates as an unregulated exchange based in Seychelles, which may raise concerns for some users. On the other hand, this setup enables the platform to offer no mandatory ID verification (KYC), a desirable option for traders who prioritize privacy and anonymity.

In terms of crypto support, Margex allows you to trade over 50 cryptocurrencies (including $BTC, $ETH, $SOL, $LTC, $USDT, and $USDC). Trading fees are fixed at 0.019% for makers and 0.06% for takers.

Margex Exchange Overview

<figure class="block-table">
<table>
<tr>
<th>Best For</th>
<th>Trading fees</th>
<th>Supported assets</th>
<th>Deposit & withdrawal</th>
<th>Ease of Use & Accessibility</th>
<th>Security measures</th>
<th>Liquidity & volume</th>
<th>Customer Support</th>
<th>Earn & Passive Income Features</th>
<th>Transparency</th>
<th>Available in the US</th>
</tr>
<tr>
<td>Derivatives traders looking for simple margin tools</td>
<td>0.019% maker / 0.06% taker on crypto derivatives</td>
<td>50+ cryptos (BTC, ETH, XRP, DOGE, LTC)</td>
<td>Crypto only; supports BTC, ETH, USDT, USDC, LTC</td>
<td>No KYC, the usual account setup</td>
<td>100% cold storage, AI-based fraud monitoring, 2FA, no independent audits, no insurance for funds</td>
<td>~$40M daily (derivatives-heavy)</td>
<td>Live chat, email support@margex.com, 24/7 support</td>
<td>Staking, no lock-up periods</td>
<td>Fee structure, security measures, real-time trade analytics, and other transparency aspects may be limited</td>
<td>❌</td>
</tr>
</table>
</figure>

MEXC Exchange – Supports 3,000+ Cryptos at the Lowest Fees

MEXC stands out for its massive selection of over 3,000 cryptocurrencies, encompassing everything from top assets like Bitcoin ($BTC) and Ethereum ($ETH) to stablecoins such as $USDT and $USDC, as well as a vast array of altcoins. This breadth of choice gives traders wide market exposure at highly competitive fees.

In addition to its diverse asset offerings, MEXC provides a comprehensive suite of trading features, including spot and futures trading, copy trading, demo accounts, and peer-to-peer (P2P) trading. Combined with its extensive crypto support, this makes MEXC a versatile platform for building and executing a complete trading or investment strategy.

Beyond its huge token selection, MEXC also prioritizes security. The exchange maintains a $100M guardian fund to cover potential platform issues, operates with 1:1 backed reserves, and has a dedicated futures insurance fund to protect traders during extreme market volatility.

As for costs, MEXC is one of the most affordable platforms around. Maker fees are 0% on both spot and futures trades, while taker fees are just 0.05% (spot) and 0.02% (futures). This makes it particularly attractive for active traders who want to maximize profits while keeping fees to a minimum.

MEXC Exchange Overview

<figure class="block-table">
<table>
<tr>
<th>Best For</th>
<th>Trading fees</th>
<th>Supported assets</th>
<th>Ease of Use & Accessibility</th>
<th>Deposit & withdrawal</th>
<th>Security measures</th>
<th>Liquidity & volume</th>
<th>Customer Support</th>
<th>Earn & Passive Income Features</th>
<th>Transparency</th>
<th>Innovation & Integrations</th>
<th>Available in the US</th>
</tr>
<tr>
<td>Traders looking for low costs, access to new projects, and market exposure</td>
<td>0% maker / 0.05% taker on spot, 0% maker / 0.02% taker on futures</td>
<td>3,000+ supported cryptos</td>
<td>KYC optional, required to increase limits and access features, and overall standard account creation</td>
<td>Crypto and fiat</td>
<td>Multi-sig wallet, 2FA, SSL, risk-based authentication, anti-DDoS systems, address whitelisting, anti-phishing codes</td>
<td>~$6B daily</td>
<td>Ticket system</td>
<td>MEXC Earn, Futures earn, staking</td>
<td>Proof of Reserves (PoR), bi-monthly security reports, Merkle tree code</td>
<td>Launchpad, games, rewards hub, DEX+ aggregator, airdrops</td>
<td>❌</td>
</tr>
</table>
</figure>

OKX Exchange – Lets You Trade Perpetual and Expiring Futures at up 125x Leverage

OKX delivers a professional-grade trading environment with deep liquidity, competitive fees, and advanced tools, including leverage of up to 125x. Designed for serious traders, it offers the flexibility to pursue a wide range of strategies, making it one of the go-to platforms for investors seeking both power and precision in their trading.

Despite its advanced features, OKX is also recognized for its user-friendly interface, making it accessible to even beginners. Traders can access advanced charting tools and a wide selection of over 300 cryptocurrencies for spot trading, with wallet support extending to more than 500,000 assets. Together, these features give users everything they need for broad and flexible market exposure.

OKX pairs its extensive coin support with powerful DeFi and Web3 features, all accessible through a single, seamless interface. The OKX wallet integrates with platforms like Usual, giving users access to governance, rewards, and asset deposits. 

Additional integrations with Uniswap, Instadapp, and others enhance cost efficiency through lower gas fees while enabling cross-chain bridging, DEX swaps, NFT collections, and more—all without leaving the wallet.

However, some challenges and potential risks remain, including smart contract risks and regional-specific regulatory issues. Currently, OKX is available in approximately 100 regions, with the notable exception of the US. 

OKX Exchange Overview

<figure class="block-table">
<table>
<tr>
<th>Best For</th>
<th>Trading fees</th>
<th>Supported assets</th>
<th>Deposit & withdrawal</th>
<th>Ease of Use & Accessibility</th>
<th>Security measures</th>
<th>Liquidity & volume</th>
<th>Customer Support</th>
<th>Earn & Passive Income Features</th>
<th>Transparency</th>
<th>Innovation & Integrations</th>
<th>Available in the US</th>
</tr>
<tr>
<td>Advanced derivatives traders</td>
<td>Spot - 0.08% maker / 0.1% taker, futures - 0.02% maker / 0.05% taker, options - 0.03% maker / taker<br>(for regular users, VIP levels vary)</td>
<td>350+ cryptos</td>
<td>Crypto and fiat</td>
<td>User-friendly, advanced features may be complex, and KYC is mandatory</td>
<td>2FA, face verification, anti-phishing codes, SOC 1, and SOC 2 compliance</td>
<td>~$5B daily</td>
<td>24/7 customer support, chat assistant</td>
<td>Simple earn, dual investment, $BTC yield, loans</td>
<td>Monthly Proof of Reserves reports from Hacken</td>
<td>Jumpstart, DeFi features</td>
<td>✅</td>
</tr>
</table>
</figure>

Blofin Exchange – Gives Exposure to Leverage Trading with Institutional-Grade Security

Blofin delivers a derivatives-focused trading environment backed by institutional-grade security. The exchange is certified under PCI DSS and ISO/IEC 27001, with funds secured in cold storage and managed through Fireblocks custody.

Thanks to these safeguards, traders can access leverage of up to 150x in a responsive and secure market that offers more than 350 USDT-M perpetual contract pairs alongside spot trading options.

Despite all these security features, Blofin is less regulated across major jurisdictions, including the US, Canada, and Singapore. 

Still, Blofin is worth considering due to its competitive fees: the futures maker fee is approximately 0.02%, the taker fee is around 0.06%, and spot trades incur a 0.10% fee for both makers and takers. The VIP levels can help you reduce fees further, which is ideal if you’re a high-volume trader.

Blofin Exchange Overview

<figure class="block-table">
<table>
<tr>
<th>Best For</th>
<th>Trading fees</th>
<th>Supported assets</th>
<th>Deposit & withdrawal</th>
<th>Ease of Use & Accessibility</th>
<th>Security measures</th>
<th>Liquidity & volume</th>
<th>Customer Support</th>
<th>Earn & Passive Income Features</th>
<th>Transparency</th>
<th>Innovation & Integrations</th>
<th>Available in the US</th>
</tr>
<tr>
<td>Beginners and experienced traders looking for high-leverage trading, AI trading bots, copy trades and other trading features</td>
<td>0.019% maker / 0.06% taker on crypto derivatives</td>
<td>555+ cryptos</td>
<td>Crypto and fiat</td>
<td>User-friendly interface, no-KYC up to a certain daily limit</td>
<td>Cold storage, AI monitoring, third-party audits, Fireblocks infrastructure</td>
<td>~$749M</td>
<td>24/7 support, live chat, email support@blofin.com, ticket system</td>
<td>BloFin Earn, a profit-sharing scheme</td>
<td>Public Proof of Reserves (not audited by a third party)</td>
<td>Some Web3 / DeFi / NFT tokens are listed</td>
<td>❌</td>
</tr>
</table>
</figure>

What Exactly is a Crypto Exchange?

A cryptocurrency exchange is an online platform—either centralized or decentralized—where investors and traders can buy, sell, and swap digital assets like Bitcoin, Ethereum, and Dogecoin. 

For those who prioritize safety and compliance, selecting from the best-regulated exchanges can provide added reassurance that their trading activity meets established standards.

• Centralized Exchanges (CEXs): These are run by companies that act as intermediaries for transactions, facilitating the exchange of digital assets. They typically require identity verification (KYC), hold users’ funds in custodial wallets, and offer customer support, making them convenient but more centralized in terms of control.
• Decentralized Exchanges (DEXs): If you’ve ever wondered what a DEX is, it’s essentially a peer-to-peer trading platform built on blockchain technology. Instead of relying on an intermediary, users connect their wallets directly and trade while keeping self-custody of their assets. DEXs offer greater privacy, transparency, and control; however, they may have fewer safeguards and a steeper learning curve compared to CEXs.

Ultimately, both CEXs and DEXs play a vital role in the crypto ecosystem. Centralized platforms tend to attract beginners due to their ease of use and support, while decentralized options appeal to those who value privacy, transparency, and control over their funds. 

The best choice depends on your goals, experience level, and risk tolerance—and many traders use a combination of both.

Step-by-Step Guide: How to Buy Crypto on an Exchange

Buying crypto is easy, as most exchanges are designed to help beginners get started with just a few minutes. Here’s how:

• Choose a reputable platform – Research security, fees, and user reviews to select the best platform. We recommend Margex.com.
• Visit the official site – Go to Margex.com and sign up or log in to your account with your email.
• Connect your wallet/deposit funds – Fund your account (wallet) by depositing BTC, ETH, USDT, or other supported assets, or buy crypto on the exchange with a bank card.
• Choose a purchase method – Select your preferred trading pair (e.g., BTC/USDT) and order type (market or limit).
• Enter the amount – Specify how much crypto you want to buy in the trading widget.
• Confirm the transaction – Finalize your transaction, and your purchased crypto will appear in your Margex wallet within minutes.

Head-to-Head: How Do The Top Crypto Exchanges Compare?

Not sure where to start? Compare key metrics, including trading fees, supported cryptocurrencies, and trading options.

<figure class="block-table">
<table>
<tr>
<th>Crypto Exchange</th>
<th>Trading Fee</th>
<th>Available Assets</th>
<th>Leverage Option</th>
</tr>
<tr>
<td>Best Wallet</td>
<td>Fee reduction for $BEST holders, network fees vary</td>
<td>1,000+ cryptos, 60+ blockchains</td>
<td>N/A</td>
</tr>
<tr>
<td>Margex Exchange</td>
<td>0.019% maker / 0.06% taker on crypto derivatives</td>
<td>50+ cryptos</td>
<td>Up to 100x</td>
</tr>
<tr>
<td>MEXC Exchange</td>
<td>0% maker / 0.05% taker on spot, 0% maker / 0.02% taker on futures</td>
<td>3,000+ supported cryptos</td>
<td>Up to 500x</td>
</tr>
<tr>
<td>OKX Exchange</td>
<td>Spot - 0.08% maker / 0.1% taker, futures - 0.02% maker / 0.05% taker, options - 0.03% maker / taker<br>(for regular users, VIP levels vary)</td>
<td>350+ cryptos</td>
<td>Up to 125x</td>
</tr>
<tr>
<td>Blofin Exchange</td>
<td>0.019% maker / 0.06% taker on crypto derivatives</td>
<td>555+ cryptocurrencies</td>
<td>Tiered, up to 75X based on contracts, open orders, and new orders</td>
</tr>
</table>
</figure>

Staying Safe on Crypto Exchanges: What You Need to Know

Crypto exchanges can make trading and buying crypto convenient, but they still carry certain risks. Being aware of threats, such as hacking or liquidity issues, is key to staying safe. Here’s what you should know.

• Exchange Hacks: Even the most reputable exchanges can get hacked (hackers stole $1.5B in Ethereum from ByBit). Select an exchange with cold storage, proof of reserves, and 2FA. 
• Regulatory Crackdowns: Be aware of potential regulatory issues (think China’s crypto ban). Stick to exchanges that are compliant in your location and diversify your holdings.
• Counterparty Risk: Exchanges can stop operations. Never store all your assets on a single platform – withdraw them to a private wallet.
• Liquidity Issues: Low-volume exchanges can cause withdrawal delays. Trade on platforms with high daily volumes and transparent order books.
• Phishing and Scams: Scammers often mimic legit platforms and links. Always double-check that URLs are correct and secure (with https:// and a padlock sign) and avoid clicking on random links.
• No KYC Exchanges: Some traders prefer no-KYC exchanges (platforms that don’t require identity verification) for privacy reasons. While convenient, these exchanges often operate in legal gray areas, carry higher regulatory risk, and may offer less consumer protection. If you choose to use one, limit exposure and move funds quickly into secure wallets.

Conducting thorough research and staying informed about the latest developments in the cryptocurrency market are your best defenses against crypto-related issues.

Final Thoughts on the Best Crypto Exchanges in 2025 

Selecting the best crypto exchange in 2025 depends on your trading and investing needs. Platforms like MEXC or Margex stand out with their advanced trading features, while Best Wallet, though not a traditional exchange, offers one of the best ways to buy, sell, and trade crypto. With its simplicity and excellent security, it’s especially well-suited for beginners.

And if you’re looking for more advanced trading tools, OKX is there to bring you deep liquidity and Web3 integration.

Keep in mind that this content is for informational purposes and should not be considered investment advice. Do your own research before investing.

Visit Best Wallet today

FAQs

What are the best crypto exchanges in 2025?

Some of the best crypto exchanges in 2025 are Margex, MEXC, OKX, Blofin, and Best Wallet. These platforms are recognized for their tight security features, extensive support for various assets, high liquidity, and favorable user reviews. Still, remember that the best exchange for you is the one that matches your trading/investing needs, experience level, and is compliant with local regulations.

How do I choose the safest crypto exchange?

Verify whether the exchange utilizes cold storage for funds, if it provides proof of reserves, and if it employs multi-factor authentication for your account. Check user reviews on Trustpilot, Capterra, or Reddit, and read independent security audits to gain a comprehensive understanding of the product's performance. Remember, the safest crypto exchanges are also transparent about their breaches and always work on improving their security measures.

Which crypto exchanges have the lowest fees?

Some of the lowest fee crypto exchanges are MEXC with 0% for spot and futures maker fee, Blofin with 0.006% for maker and 0.05% for taker VIP 1 tier, and Best Wallet, where your fees can become almost non-existent if you hold $BEST token.

Can beginners use top crypto exchanges easily?

Many leading crypto exchanges, such as Mergex or OKX, are beginner-friendly options that offer user-friendly dashboards and mobile apps with simplified interfaces and easy trading options. Many exchanges also offer demo trading accounts and tutorials, allowing you to learn the basics.

Do the best crypto exchanges support fiat deposits and withdrawals?

Most crypto exchanges support fiat deposits, allowing you to deposit or withdraw funds via bank transfers, credit or debit cards, or e-wallets. These payment options vary by location; however, you can always check the supported currencies and payment methods before registering.