Cryptocurrency exchanges have become an important onramp and offramp to the cryptocurrency world. From the infamous and now shuttered Mt. Gox to current industry leaders in volume such as Poloniex and Bittrex, cryptocurrency exchanges and altcoin exchanges are seeing increased use around the world. Every day, billions of dollars are traded back and forth over the top cryptocurrencies on these cryptocurrency exchanges. Traders, buyers, and sellers must trust these exchanges with their money, but are the exchanges really trustworthy? Unfortunately, not all cryptocurrency services are as secure or safe as you might think. In fact, some crypto exchanges have been known to be scams or vulnerable to hacking. This could lead to the loss of any cryptocurrency stored on there.
We take a look at the fees, history, and usability of the top cryptocurrency exchanges available in 2017. Whether you’re seeking to buy Bitcoin or other cryptocurrencies as an investment, to utilize margin trading, or anything else – Use this list of cryptocurrency exchanges to help choose an exchange for you.
Name: Poloniex
Review
URL: https://www.poloniex.com
Total trading pairs: 101
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.10% – 0.25%
Margin trading: yes
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Requirements
|
Limits
|
Level 1 |
Email, First & Last Name, Country |
$2,000, USD Margin Trading Enabled |
Level 2 |
Complete Address, Phone Number, Date of Birth |
7,000 USD |
Level 3 |
SSN, Scan of Photo ID, Selfie holding your ID |
$25,000 USD |
Enhanced Verification |
Contact Support |
Greater than $25,000 USD |
Name
: Bittrex
Review
URL: https://www.bittrex.com/
Total trading pairs: 271
Founded: 2014
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Basic |
0.4 BTC |
Enhanced |
100 BTC |
Name: GDAX
Review
URL: https://www.gdax.com/
Total trading pairs: 9
Founded: 2016
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: yes
USA accepted: yes
Review: BlockExplorer’s GDAX Review
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Verified |
Algorithmic |
Name: Kraken
Review
URL: https://www.kraken.com/
Total trading pairs: 59
Founded: 2011
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.36%
Margin trading: yes
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Individual w/o proof of source |
$25k USD daily |
Individual w/ proof of source |
$100k USD daily |
Corporate w/o proof of source |
$100k USD daily |
Corporate w/ proof of source |
$1m USD daily |

Name: Bitfinex
Review
URL: https://www.bitfinex.com
Total trading pairs: 56
Founded: 2012
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.04% – 0.20%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Individual |
No limit |
Corporate |
No limit |
Name: Bitstamp
Review
URL: https://www.bitstamp.net
Total trading pairs: 11
Founded: 2011
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.05% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Verified |
No limit |
Name: Wex (formerly BTC-e)
Review
URL: https://wex.nz
Total trading pairs: 26
Founded: 2017
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20%
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Regular |
10k USD |
VIP |
100k USD |
8. Coinone Exchange
Name: Coinone
URL: https://coinone.co.kr
Total trading pairs: 7
Founded: 2015
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00% – 0.15%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Requirements
|
Limits
|
Level 1 |
Email, Country |
1,000 KRW |
Level 2 |
Mobile phone authentication |
500,000 KRW |
Level 3 |
OTP registration |
1,000,000 KRW |
Level 4 |
Operation team review |
Greater than 100,000,000 KRW |
9. Quione Exchange
Name: Quoine
URL: https://www.quoine.com
Total trading pairs: 23
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Indvidual |
Daily: 30-50k USD; Monthly: 300-500k USD |
Corporate |
Daily: 100-150k USD; Monthly: 1-1.5m USD |
10. bithumb Exchange
Name: bithumb
URL: https://www.bithumb.com
Total trading pairs: 23
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.15%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Basic |
3 BTC |
Enhanced |
100 BTC |
11. HitBTC Exchange
Name: HitBTC
URL: https://www.hitbtc.com
Total trading pairs: 327
Founded: 2013
Deposit fees: yes
Withdrawal fees: yes
Trading fees: 0.10% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Verified |
No limit |
12. Gemini Exchange
Name: Gemini
URL: https://www.gemini.com
Total trading pairs: 3
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and deposit/withdrawal limits:
Verification Level
|
Limits
|
Individual |
ACH Daily Deposit/Withdrawal: $500/$10,000; ACH Monthly Deposit/Withdrawal: $15,000/$100,000; Cryptocurrency: No Limit |
Institutional |
ACH Daily Deposit/Withdrawal: $10,000/$10,000; ACH Monthly Deposit/Withdrawal: $300,000/$100,000; Cryptocurrency: No Limit |
13. Korbit Exchange
Name: Korbit
URL: https://www.korbit.co.kr
Total trading pairs: 5
Founded: 2013
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Requirements
|
Limits
|
Level 1 |
Phone number |
KRW: 0; Cryptocurrency: 5,000,000 KRW |
Level 2 |
SMS verification |
KRW: 0; Cryptocurrency: 5,000,000 KRW |
Level 3 |
Address and Bank account registration |
KRW: 30,000,000 KRW; Cryptocurrency: 5,000,000 KRW |
Level 4 |
Approval process |
300,000,000 KRW |
Level 5 |
Approval Process |
500,000,000 KRW |
14. bitFlyer Exchange
Name: bitFlyer
URL: https://www.bitflyer.jp
Total trading pairs: 3
Founded: 2014
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.11% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Requirements
|
Limits
|
Level 1 |
Email, First & Last Name, Cellphone verification |
2,000 USD |
Level 2 |
Bank account and photo ID verification |
50,000 USD |
15. Binance Exchange
Name: Binance
URL: https://www.binance.com
Total trading pairs: 3
Founded: 2017
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.1%
Margin trading: no
USA accepted: yes
Verification levels and deposit/withdrawal limits:
Verification Level
|
Limits
|
Verified |
2 BTC |
Institutional |
50 BTC |
16. Vaultoro Exchange
Name: Vaultoro
URL: https://www.vaultoro.com
Total trading pairs: 1 (and it doesn’t involve USD)
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20% – 0.50%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Verified |
No limit |
17. LakeBTC Exchange
Name: LakeBTC
URL: https://www.lakebtc.com
Total trading pairs: 8
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Normal |
No limit |
18. BitMarket Exchange
Name: BitMarket
URL: https://www.bitmarket.net
Total trading pairs: 5
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.45%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Unverified |
Yearly: 15,000 PLR/EUR |
Verified |
No limit |
19. CEX.io Exchange
Name: CEX
URL: https://www.cex.io
Total trading pairs: 15
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Basic |
Daily: 500 USD; Monthly: 2,000 USD |
Verified |
Daily: 50,000 USD; Monthly: 300,000 USD |
Verified Plus |
Unlimited |
Corporate |
Unlimited |
20. QuadrigaCX Exchange
Name: QuaudrigaCX
URL: https://www.quadrigacx.com
Total trading pairs: 6
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20% – 0.50%
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Unverified |
Voucher only |
Verified |
Bank wire: 500,000 USD; Cryptocurrency: 250,000 USD |
21. Coinfloor Exchange
Name: Coinfloor
URL: https://www.coinfloor.co.uk
Total trading pairs: 4
Founded: 2013
Deposit fee: yes (not on BTC)
Withdrawal fees: yes
Trading fees: no
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Verified |
No limit |
22. itBit Exchange
Name: itBit
URL: https://www.itbit.com
Total trading pairs: 3
Founded: 2012
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
2FA Verified |
Daily: 30,000 USD; Monthly: 600,000 USD |
23. Liqui Exchange
Name: Liqui
URL: https://www.liqui.io
Total trading pairs: 196
Founded: 2016
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.10% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Basic |
50,000 USDT |
Enhanced |
500,000 USDT |
24. ACX Exchange
Name: ACX
URL: https://www.acx.io
Total trading pairs: 6
Founded: 2016
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
|
|
|
|
25. Gatecoin Exchange
Name: Gatecoin
URL: https://www.gatecoin.com
Total trading pairs: 39
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.02% – 0.35%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:
Verification Level
|
Limits
|
Tier 1 |
50,000 USD |
Tier 2 |
Greater than 500,000 USD |