These are the 5 Best Crypto Exchanges for 2024!

Join us as we find the 5 best crypto exchanges for 2024. There are many good ones to review, and landing on our final five was a difficult task. There are pros and cons for all but remember, to make our final 5, they will have been rigorously tested over time by our experts. All five offer a level of trustworthiness and reliability for the digital world that we endorse. 

Binance

As with many lists of the best cryptocurrency exchanges, Binance comes first for us. The last couple of years have been challenging for the popular exchange as details of illegal money being fraudulently laundered through their platform emerged. This showed organized crime had well and truly penetrated the digital world.

It is right that we point out that in no way was Binance involved or implicated in the wrongdoing as they were totally unaware that the platform was being used for nefarious activities.

In fact, the way Binance dealt with such issues now in context requires its own plaudits and is a huge reason why we have rated them in our 5 best crypto exchanges for 2024.

• Trades in over 600 cryptocurrencies.
• Competitive trading fees.
• Supports all the major cryptocurrencies.
• Robust infrastructure and high liquidity.

We can confidently predict better times ahead for Binance in 2024 for many reasons, but the way they dealt in a trustworthy manner with such issues is a huge recommendation.

Coinbase

Coinbase has been trading for over a decade in the cryptocurrency world and when measured in trading volume is the highest in the United States.

• Trades in just under 250 cryptocurrencies.
• The interface is amongst the best in the industry.
• Transaction fees are slightly above the industry average.
• Supremely robust proven software.

Coinbase is possibly the most reliable software in the industry, producing one of the best interfaces for users. Hand in hand with that, comes slightly higher fees but as a user, it is a superb and reliable tool that reduces stress in the digital world to a minimum

Okcoin

Okcoin was founded ten years ago in China and has become an attractive crypto exchange for many due to their competitive trading fees. This means the platform has a huge footfall from beginners to traders who all find them easy to use.

• Among the best trading fees of any crypto exchange.
• Easy to use for novices.
• Supports all the major cryptocurrencies among their slightly lower figure of 76 in total.

Okcoin has an unusually low figure of cryptocurrencies they support, but they have all the main ones and their fees are unbeatable. Okcoin is so easy to use that novices have the minimum stress possible at the beginning of their crypto journey.

KuCoin

Of our 5 best crypto exchanges, KuCoin is by far the youngest, having launched in 2017  after being founded in 2013 by a consortium based in the Seychelles. For usage in the United States, customers are restricted to a limited version of the platform.

• Modern interface that is perfect for easy navigation.
• Over 700 cryptocurrencies available.
• Very competitive trading fees.

The only slight downside is the limited use of KuCoin available in the United States, but we can only see that growing. In every other area, KuCoin rates as high as the others and once they are fully available in America, they could be pushing for No.1 status.

Kraken

Kraken is a reliable crypto exchange that offers two choices for customers. The first one is the normal exchange founded in 2011 and associated with the digital age, and the second is called Kraken Pro with a state-of-the-art interface and remarkably lower fees.

• Kraken trades in over 200 cryptocurrencies
• The trading fees are far more competitive on Kraken Pro than on the original platform.
• Supports all major cryptocurrencies
• Customer service is reliable but on occasion, known to be slower than ideal.

We recommend Kraken with the provision that if you use it, make sure you use the Kraken Pro interface, which has greater detail for traders and investors combined with their lower fees.

Conclusion

For the convenience of our readers, we found what we believe will be the 5 best crypto exchanges for 2024 and rated them in order. They are all trustworthy brands of exchanges within the growing industry that always requires due diligence to be shown in your research, and here at Bookmakers Review, we aim to aid that process.