Top 25 Cryptocurrency Exchanges of 2017

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.

1. Poloniex

poloniex cryptoName: 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

2. Bittrex

Namebittrex crypto: 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

3. GDAX

gdax cryptoName: 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

4. Kraken

kraken crpytoName: 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

5. Bitfinex

bitfinex crypto

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

6. Bitstamp

bitstamp cryptoName: 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

7. WEX

wex cryptoName: 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

coinone cryptoName: Coinone
Review
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

quoine cryptoName: 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

bithumb cryptoName: bithumb
Review
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

hitbtc cryptoName: HitBTC
Review
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

gemini cryptoName: Gemini
Review
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

korbit cryptoName: Korbit
Review
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

bitflyer cryptoName: bitFlyer
Review
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

binance cryptoName: Binance
Review
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

vaultoro cryptoName: Vaultoro
Review
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

lakebtc cryptoName: LakeBTC
Review
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

bitmarket cryptoName: 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

cex cryptoName: CEX
Review
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

quadrigacx cryptoName: 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

coinfloor cryptoName: 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

itbit cryptoName: 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

liqui cryptoName: 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

acx cryptoName: 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

gatecoin cryptoName: 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

 

Caleb Chen

Caleb is a graduate of the University of Virginia where he studied Economics, East Asian Studies, and Mathematics. He holds a MSc in Digital Currency from the University of Nicosia. He believes that we are moving towards a better tomorrow, bit by bit by Bitcoin.

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