The world of cryptocurrencies is constantly developing and growing, attracting more and more users and investors. An important element of this world are cryptocurrency exchanges, which act as intermediaries between buyers and sellers of cryptocurrencies. Choosing the right exchange can have a significant impact on the success of your activity, be it mining or trading.

In this article, we will compare popular cryptocurrency exchanges on various parameters to help you choose the most suitable one for your needs. We will look at trading commissions, withdrawal fees, affiliate program terms, as well as the availability and ease of use of APIs and KYC procedures. All comparative data is presented in the form of convenient tables that will be updated monthly. We have collected a huge amount of information about popular cryptocurrency exchanges in one place for your convenience.

By conducting analysis and comparison, you can make an informed decision about which exchange will be optimal for your business or personal needs.

Basic data on popular cryptocurrency exchanges.

The list of exchanges is sorted in alphabetical order. The best parameters are highlighted in green, and the worst in red.

Exchange  Logo Top (CoinGecko) Top (CMC) Scores (CoinGecko) Scores (CMC) Proof of Reserves Trading volume * (24ч.) Traffic in month * Number of pairs Number of coins Country
Binance #1 #1 10 9.9 + ~ $18 bil. 73 mil. 1485 403 Cayman Islands
BingX #13 #19 9 6.1 + ~ $1.3 bil. 12 mil. 832 628 British Virgin Islands
Bitfinex #16 #10 9 6.8 + ~ $160 mil. 1 mil. 404 175 British Virgin Island
Bitget #14 #12 9 6.7 + ~ $1.1 bil. 11 mil. 941 693 Seychelles
Bitmart #22 #29 8 5.8 + ~ $1.5 bil. 9 mil. 988 848 Cayman Islands
Bybit #2 #3 10 7.8 + ~ $4 bil. 26 mil. 781 540 British Virgin Island
Coinw #25 #26 8 5.9 + ~ $0,9 bil. 11 mil. 422 375 United Arab Emirates
Commex н/д #65 н/д 4.9 н/д н/д н/д 168 120 Russia
Gate.io #5 #9 10 6.9 + ~ $1.5 bil. 14 mil. 3300 1917 Cayman Island
HTX #11 #7 9 6.9 + ~ $1.7 bil. 19 mil. 815 662 Seychelles
Kucoin #6 #8 10 6.9 + ~ $1.2 bil. 11 mil. 1311 759 Seychelles
MEXC #12 #11 9 6.7 + ~ $1.5 bil. 14 mil. 2278 1887 Seychelles
OKX #4 #4 10 7.6 + ~ $2.5 bil. 29 mil. 642 317 Seychelles
Phemex #37 #48 8 5.4 + ~ $120 mil. 1.4 mil. 454 276 Singapore

* - according to CoinGecko data as of 02/15/2024.

 

Trading commission data

Trading fees are indicated for “basic users” without conditions on trading volumes, any VIP levels and without storing exchange tokens.

Exchange  Logo

Futures USD-M

Maker

Futures USD-M

Taker

Futures COIN-M

Maker

Futures COIN-M

Taker

Spot

Maker

Spot

Taker

ETF

Maker

ETF

Taker

Binance 0.02% (0.018% when paying commission in $BNB, for couples with $BNB - 0.012% and 0.0108% when paying commission in $BNB) 0.05% (0.045% when paying commission in $BNB, for couples with $BNB - 0.03% and 0.027% when paying commission in $BNB) 0.02% 0.05% 0.1% (0.075% when paying commission in $BNB) 0.1% (0.075% when paying commission in $BNB) - -
BingX 0.02% 0.05% 0.02% 0.05% 0.05-0.2% depending on the pair  0.05-0.2% depending on the pair - -
Bitfinex 0.02% 0.065% 0.02% 0.065% 0.1% 0.2% - -
Bitget 0.02% 0.06% 0.02% 0.06% 0.1% (0.08% when paying commission in $BNB)
0.1% (0.08% when paying commission in $BNB) - -
Bitmart 0.02% 0.06% 0.02% 0.06% 0.1% (0.075% when paying commission in $TRX) 0.1% (0.075% when paying commission in $TRX) - -
Bybit 0.02% 0.055% 0.02% 0.055% 0.1% 0.1% 0.1% 0.1%
Coinw 0.02% 0.04% 0.02% 0.04% 0.2% 0.2% 0.2% 0.2%
Commex 0.02% 0.04% 0.02% 0.04% 0.1% (0.075% when paying commission in $BNX) 0.1% (0.075% when paying commission in $BNX) - -
Gate.io 0.015% 0.05% 0.015% 0.05% 0.2% (0.15% when paying commission in $GT) 0.2% (0.15% when paying commission in $GT) 0.1% 0.1%
HTX 0.02% (0.019% when paying commission in $HT) 0.05% (0.0475% when paying commission in $HT) 0.02% (0.019% when paying commission in $HT) 0.05% (0.0475% when paying commission in $HT) 0.2% (0.15% when paying commission in $HT) 0.2% (0.15% when paying commission in $HT) - -
Kucoin 0.02% 0.06% 0.02% 0.06% 0.1% (0.08% when paying commission in $KCS) 0.1% (0.08% when paying commission in $KCS) 0.1% 0.1%
MEXC 0% 0.01% (0.009% when paying commission in $MX) 0% 0.01% (0.009% when paying commission in $MX) 0% 0% - -
OKX 0.02% 0.05% 0.02% 0.05% 0.08% 0.1% - -
Phemex 0.01% 0.06% 0.01% 0.06% 0.1% 0.1% - -

 

Data on commissions for withdrawal of USD-T in various networks.

Exchange  Logo ERC-20 BEP-20 TRC-20 Arbitrum One Optimism Polygon AVAX C-chain Solana HECO
Binance $8 $0.19 $1 $1.08 $1.08 $1 $0.14 $1 -
BingX $5 $0.3 $1 $0.5 $1 $0.8 - $1 -
Bitfinex $2.25 - $0 - - $0 $0 $0 -
Bitget $3.06 $0.29 $1 $0.8 $1 $1 $1 $1 $0.1
Bitmart $4 $1 $1 $1 $1 $1 $1 $1.05 $1
Bybit $8 $0.3 $1.6 $1 $1 $1 $1 $1 -
Coinw $15 $1 $1 - - $1 - $1.5 -
Commex $5 $0.19 $1 - - $1 - $1 -
Gate.io $8.22 $1 $1 $0.54 $0.5 $0.5 $0.5 $0.5 -
HTX $6.91 - $1 - - - - - -
Kucoin $12 $0.8 $1.5 - $0.8 - - - -
MEXC $4 $1 $1 $2 $1 $2 $2 $1.5 -
OKX $3.82 - $1 $0.8 $0.8 $0.8 $0.8 $1 -
Phemex $12 $0.5 $1 $0.55 - $1 - $3 -

 

Data on fees for withdrawing ETH in various networks.

Exchange  Logo ERC-20 BEP-20 Arbitrum One Optimism ZkSync Starknet Linea BASE
Binance 0.003 0.00015 0.00015 0.00015 - - - 0.00026
BingX 0.0015 0.0005 0.0001 0.0001 - - 0.001 0.0002
Bitfinex 0.001 - 0 0 - - - -
Bitget 0.002 0.00042 0.0001 0.0001 - - - -
Bitmart 0.0017 0.00042 0.00042 0.000086 0.0017 0.00125 - 0
Bybit 0.0027 0.000056 0.00015 0.00015 0.0003 - 0.0002 0.0003
Coinw 0.0015 - 0.001 - - - - -
Commex 0.0032 - 0.00018 - - - - -
Gate.io 0.00095 0.00042 0.0013 0.00021 0.0008 - 0.00021 -
HTX 0.0024 - 0.00102 0.001 - - - -
Kucoin 0.005 - 0.001 0.001 - - - -
MEXC 0.0015 0.0005 0.001 0.0006 - 0.001 0.0002 -
OKX 0.0026 - 0.0001 0.0001 0.00015 0.0001 0.0002 0.0002
Phemex 0.0023 0.0003 0.0003 - 0.0006 - - -

 

Data on commissions for withdrawal of other popular coins and tokens.

Exchange  Logo BNB ARB OP AVAX MATIC SOL APT ATOM FTM
Binance 0.00012 0.57 0.31 0.004 0.3 0.008 0.01 0.02 0.38
BingX 0.0005 0.02 0.1 0.004 0.1 0.0051 0.0012 0.01 0.5
Bitfinex - 0 0 0 0 0 0 0 -
Bitget 0.0005 0.5 0.1 0.0064 0.1 0.0064 0.1 0.01 1
Bitmart 0.0034 2 2 0.1 1 0.05 0.2 0.2 5
Bybit 0.0005 0.7 0.1 0.1 0.1 0.01 0.01 0.005 0.3
Coinw 0.0005 2.5 - 0.07 0.1 0.057 0.01 0.06 1.4
Commex 0.0006 0.58 0.38 0.004 0.3 0.008 0.016 0.038 1.03
Gate.io 0.00333 0.251 0.134 0.0145 0.596 0.00515 0.059 0.0507 1.3
HTX 0.000252 0.61 1.5 0.06 0.1 0.02 0.01 0.005 0.1
Kucoin 0.005 0.5 0.5 0.06 1 0.02 0.071 0.056 2.04
MEXC 0.001 1 1 0.06 0.4 0.02 0.01 0.05 1
OKX 0 0.02 0.1 0.048 0.1 0.0064 0.001 0.016 0.5
Phemex 0.0005 0.3 0.3 0.01 0.48 0.03 0.002 0.005 0.02

 

Data on KYC, API and affiliate programs.

Exchange  Logo % affiliate program (Futures) % affiliate program (Spot) % affiliate program (ETF) Multi-level affiliate program Requirements for KYC Trading without KYC Deposit without KYC Withdraw without KYC P2P without KYC Limit on withdrawal with KYC (24 h.) API Futures. API Spot

API

Margin

trade.

Binance 30% 41% - - Mandatory, face - - - - 8000000 BUSD + + +
BingX 20-60% + Optional + + + (50000  USDT/24h.) - 5000000 USDT + + -
Bitfinex 18+% (coefficient up to 1.44x) + (3 levels) Optional - - - - 9999999 USDT + + +
Bitget 40% 100% on the website, 40% via API - - Mandatory, face - - - - 3000000 USDT + + +
Bitmart 40-60% 40% - + (10% from the spot from sub-partners) Optional + + + (0.6 BTC/24h.) - 100 BTC + + +
Bybit 33-50%   + (20% from sub-partners) Mandatory, face - - - - 1000000 USDT + + +
Coinw 30-70% + (10% from sub-partners) Optional + + + (70000  USDT/24h.) - 80 BTC + + +
Commex 30-50% - - Mandatory, face - - - - 5 BTC + + -
Gate.io 40-60% + (10% from sub-partners) Mandatory, face - - - - 5000000 USDT + + +
HTX 60% 50% - - Optional + + + (5 BTC/24h.) - 3000 BTC + + +
Kucoin 40-50% - Mandatory, face - - - - 999999 USDT + + +
MEXC 50-70% - + (10% from sub-partners) Optional + + + (30 BTC/24h.) + (Purchase) 200 BTC +
+ -
OKX 30-50% - + Mandatory, face - - - - 9990000 USDT + + +
Phemex 30-50%   + (10% from sub-partners) Optional + + + (50000  USDT/24h.) - 2000000 USDT + + +

 

Choosing the best cryptocurrency exchange depends on the individual needs and preferences of the user. For miners, some parameters are important, such as transaction fees, availability of various cryptocurrencies and transaction processing speed. For traders, other parameters are important, for example, liquidity, variety of trading pairs and low trading commissions.

When choosing an exchange, you should pay attention to exchanges with low commissions, fast transactions and a wide selection of cryptocurrencies. It is also worth considering the availability of convenient affiliate programs and APIs for automating processes.

It is important to remember that choosing an exchange is an investment decision and you should carefully consider all available options before making your final choice.