In 2009 somewhat of a revolution began when a person or group named “Satoshi Nakamoto” (the identity of the individual or group remains unknown to this day) developed and released Bitcoin, the world’s first cryptocurrency. Since then, cryptocurrencies have taken the world by storm and have recently enjoyed more and more mainstream adoption. There are now tens of thousands of different cryptos on the market, each with its own purpose and utility. Cryptocurrencies have been described as everything from an effective investment tool, a tool against inflation, but first and foremost a possible new digital and therefore global and decentralized currency.
In order to be able to trade cryptocurrencies, you need to sign up for a cryptocurrency exchange which allows you to exchange your government-issued Fiat money (US dollar, Euro, Pound, etc.) for the cryptocurrency of your choice
The following list ranks the best cryptocurrency exchanges based on the meta scores they achieve at major crypto exchange rankings by CoinMarketCap, Coingecko, and BitDegree. These rankings usually consider the traded market cap, number of users, number of tradeable cryptocurrencies, and overall trustworthiness when, especially as it relates to the withdrawal of money, support, and order execution.
Top 10 Best Crypto Exchanges 2022
1. Binance
Binance / Binance US
Average Rating: 9.9 / 10
Founded in: 2017
Based in: George Town, Cayman Islands, UK (de facto)
Number of Fiat currencies supported: 46
Number of cryptocurrencies offered: 380+
Daily average trading volume: ~ $15 billion
Monthly user visits: ~ 60 million
2. Coinbase
3. Kraken
4. KuCoin
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5. Gemini
6. OKX
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7. Huobi
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8. Gate.io
9. bitFlyer
10. Crypto.com
The Top 10 Best Cryptocurrency Exchanges 2022
(as of November 2022)
TOP 10 BEST CRYPTOCURRENCY EXCHANGES 2022: |
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1. BINANCE Average Rating: 9.9/10 |
2. COINBASE Average Rating: 9.0/10 |
3. KRAKEN Average Rating: 8.5/10 |
4. KUCOIN Average Rating: 8.0/10 |
5. GEMINI Average Rating: 7.7/10 |
6. OKX Average Rating: 7.6/10 |
7. HUOBI Average Rating: 7.2/10 |
8. GATE.IO Average Rating: 7.1/10 |
9. BITFLYER Average Rating: 7.0/10 |
10. CRYPTO.COM Average Rating: 6.9/10 |
Top 10 Best Cryptocurrency exchange rankings with ratings based on average meta ratings on four reputable cryptocurrency exchange rankings (CoinMarketCap, Coingecko, BitDegree). Tiebreaker: More cryptocurrency coins offered.