Published on: 29.10.2022

The top 5 trusted cryptocurrency exchanges are those exchanges that are user-friendly with improved UI as well as good service offerings. As we all know many cryptocurrency exchanges have floated and promise to have a good user interface.

Digital exchanges are supposed to be safe and trustworthy. In this aspect, we are thrilled to research the top 5 most trusted cryptocurrency that still exists today. This top 5 trusted cryptocurrency exchange we list on this page is more likely the easiest-to-use platform.


Yet, we do not advise you to enjoy the cryptocurrency exchanges we will list in this column, but rather, please learn to do your own research (DYOR).

The cryptocurrency exchanges listed on this page have been used mainly by us and we have verified that they can be used to buy, sell or swap crypto assets.

So, let’s start listing reputable platforms so that you can find out or start your crypto journey.



Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Its mission is to be the infrastructure service provider in crypto.

Furthermore, Binance believes that everyone should have the freedom to earn, hold, spend, share and give their money – no matter who you are or where you come from.


  1. BNB Chain — a community-driven blockchain software system with developers and contributors from all over the world.
  2. Trust Wallet — it is the official wallet of Binance and is a secure, decentralized wallet where users can send, receive as well as store their digital assets.
  3. Binance Research — provides institutional-grade research reports, data-driven insights, as well as analysis for investors in the crypto space.
  4. Launchpad — the largest crypto exchange by trade volume.
  5. Binance Labs — is an infrastructure impact fund and an initiative to incubate, invest in, as well as empower blockchain projects.
  6. Binance Charity — a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development.
  7. Binance Academy — an open-access learning hub, providing free blockchain and crypto education in more than 20 languages.

The Binance exchange is an easy platform to use. Users need to undergo KYC Verification to increase their trading limit of up to 1 BTC. Moreover, verifying a Binance account is very approachable. All you need to do is to make your email verified and upload your identification card or national ID card and presto, your Binance account is now verified!

In addition, with  Binance you can do trading on the spot market, futures trading, margin trading, etc. Also, Binance allows its users to earn through Binance Earn. The platform also supports P2P trading, fiat deposit,  and many more.

2. The OKX Exchange

OKX was formerly known as OKEx Exchange, one of the pioneer cryptocurrency exchanges in the world of the blockchain industry.

OKX is an innovative cryptocurrency exchange with advanced financial services. The platform relies on blockchain technology to provide everything you need for wise trading and investment. Enjoy hundreds of tokens and trading pairs.

With OKX, you can join one of the leading crypto exchanges by trading volume. The platform is serving millions of users in over 100 countries. We’re providing spot, margin, futures, options, perpetual swaps trading, DeFi, lending, and mining services.

OKX Exchange Features

  • Buy crypto with cards — you can purchase Bitcoin and 99 cryptocurrencies with 93 fiat currencies
  • P2P Trading — Create your marketplace and trade crypto with others in your local currency.
  • Third-Party Payment — Fiat gateways are third-party providers that partner with OKX offering options for customers to buy and sell crypto.
  • Convert — Quick conversion, zero fees, as well as no slippage.
  • Basic Trading — Crypto trading experience made easy
  • Contracts and margin trading — Take a full range of contracts and margin products.
    1)Perpetual swap
  • Trading Bot — Multiple strategies to make you trade with ease
    2)Make your strategy
  • Block Trading — RFQ for large-size spot, derivatives, and multi-leg structures

OKC Network Services Offers

  1. OKX Chain — this platform connects Web3. It is a secure & programmable smart contracts platform for next-gen Web3 applications.
    OKC Explorer
    Testnet Explorer
  2. Official Dapps — Be your bank in a safer way
    IBC Transfer
  3. Developers
    Testnet Faucet
OKX also offers its users to learn through its unique program. 
  • Savings is OKX’s value-added product for flexible returns. Earn hourly interest by depositing assets to fund OKX margin loans.
  • Stablecoins is a one-stop hub on OKX where all stablecoins supported in Savings, DeFi, and other projects are available.
  • Dual Investment allows users to maximize their profits by choosing a major crypto pair to trade (e.g., BTC – USDT, ETH – USDT).
  • DeFi when you use Earn, you will gain interest on your subscription. If you choose to use a DeFi service, you may also earn bonus tokens.
  • Staking is the process of locking your crypto assets to support the related blockchain networks. You can earn staking rewards from new assets generated on the blockchains, as well as transaction fees.
  • Fixed Income the platform will process the collateral when the price fluctuates sharply or the loan is overdue to return the investor’s principal and interest.
  • Flash Deals exclusive Earn offers with high rewards and low risks. Flash deals have limited terms and amounts and appear from time to time irregularly.
  • ETH2 Staking, with lower barriers and stable returns

That’s why we can say that OKX is one of the cryptocurrency exchanges that have a lot of services to provide income to its avid users.

3. Huobi Exchange

Founded in 2013, Huobi Exchange is a world-leading company in the digital economy industry, with a mission to make breakthroughs in core blockchain technologies and integration of blockchain technology with other industries.

Surrounding the upstream and downstream sectors, Huobi Group has expanded into industry blockchain, public chain, digital assets trading and wallet, digital economy research, etc., and has established a global industry ecosystem for the digital economy.

Huobi Group is licensed for digital asset services in many countries and regions across the globe. It has established regulated entities in many countries and regions, including Japan, South Korea, as well as in Gibraltar, and more.

With the principle of globalization, professionalism, compliance, and diversification, Huobi Group is dedicated to providing safe and trustworthy Internet of Value (IoV) services to its tens of millions of users in more than 100 countries and regions.

Huobi Exchange Features

  • Quick Buy and Sell — Buy cryptos with VISA cards, Mastercard, etc.
  • Fiat Deposit — Deposit fiat currency at low fees
  • P2P Exchange — Much the best price with zero fees
  • Favorites— Monitor your favorite trading pairs in real-time
  • Spot — Seize trading opportunities with Spot Markets
  • Futures — Earn oversized returns with futures trading.


  1. Spot Trading — trade crypto with advanced tools
  2. ETP —increase your leverage with no liquidation risks
  3. Margin Trading — use leverage to amplify your profits
  4. Trading Bot — trade automatically with quant strategies
  5. Convert — crypto to crypto swap, zero fees, and no slippage

Houbi Earn allows users to earn passive income on their crypto assets. The platform also supports Dual Investment, structured products with enhanced yield.


  • iToken Wallet is a global crypto wallet and gateway to Web 3.0. This is the simplest way to track, send, store, invest in NFTs, exchange & earn crypto, as well as support 30+ multi-chains.
  • Cloud Wallet is built for entry-level users, no need to secure private keys. Participate in DeFi projects with one click.
    Private keys protected
    Multi-chain interaction
    Safeguarded assets with the security technology of Huobi Group
    Display strictly selected project

Moreover, Huobi Exchange supports more than 500 crypto assets such as Bitcoin, Ethereum, Litecoin, Cardano, etc. The platform’s native token is called $HT and it is the power of the entire Huobi Exchange ecosystem.

4. KuCoin Exchange

KuCoin’s mission is to facilitate the global free flow of digital value. The platform believes that technological progress will revolutionize the way it creates and distribute value. One day soon, everyone will become involved with crypto.

Furthermore, KuCoin is leveraging cutting-edge technologies to create useful services to improve accessibility to the blockchain revolution. It is also an exchange for, by, and of the people. KuCoin is also developing a community where everyone can benefit from growth and have their opinions heard.

Moreover, launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets, and currently, provides spot trading, margin trading, P2P fiat trading, as well as futures trading, staking, and lending to its 20 million users in 207 countries and regions.

Moreover, in 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion.

KuCoin Features

  • Spot Trading — trade crypto with comprehensive tools
  • KuCoin Futuresthe reasonable mechanism to prevent liquidation
  • The KuCoin Earn —offers a pioneering staking platform that helps boost your earnings through staking profits and POL income.
  • Pool merged mining and FPPS settlement that guarantees the mining income​

Introducing KuCoin Incentives

  • Crypto Lending — allows users to lend crypto to earn interest
  • KuCoin Earn — invest to earn stable profits through a professional asset
  • Spotlight — token launch platform
  • KCS Bonus — hold KCS to earn a daily bonus
  • KuCoin Pool — empower hash rate to realize gains
  • Cloud Mining — easy mining, easy profit

NFT Platform Features

  1. Windvane — the place where users can buy, sell, as well as swap NFTs instantly
  2. Wonderland — this is the place where NFTs are launch
  3. Fractional NFTs — the easiest way to invest in blue-chip NFTs

Furthermore, KuCoin Wallet is a self-custody wallet, a gateway to the Web3 World. KuCoin Wallet also is the official crypto wallet of KuCoin, a secure and easy crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem.

In addition, you can send, receive and store crypto and NFT assets instantly with KuCoin Wallet Mobile. Log into any website safely to swap, lend, play games, publish content, as well as purchase NFT collections. KuCoin Wallet is also committed to connecting every crypto user to the Web3 network without gaps.

In addition, you can always benefit from the powerful ecosystem consisting of KuCoin, KuCoin Wallet, KuCoin Community Chain, Windvane, as well as KuCoin Pool.

5. Wallet and Exchange exchange is powered by CRO, with deep liquidity, low fees, and best execution prices, as well as trade major cryptocurrencies like Bitcoin, and Ethereum on its platform with the best experience. Features

  1. Spot & Margin — Trade 200+ pairs with up to 10x leverage
  2. Derivatives — 40+ quarterly futures and perpetual contracts
  3. Stake & Earn — Earn daily rewards on your balance, with no lock-up period
  4. Syndicate — Purchase newly-listed tokens at up to 50% off
  5. Trading Arena — Prize pools worth up to USD 1,000,000
  6. Referral — Get up to USD 2,000 for every friend you invite

With, users can earn passive income by joining some particle earning mechanism. Firstly, join Supercharger, a limited-time staking event to earn the hottest tokens.

Secondly, CRO Staking where users can enjoy daily CRO payouts and a wide range of benefits. Lastly, with Lending where users can instantly receive loans back for their assets.

How Does Cryptocurrency Exchange Work?

A cryptocurrency exchange is an online platform where people can trade their crypto for real money.

Cryptocurrency exchange also helps individuals and businesses convert fiat currencies such as dollars, pounds, and euros into cryptocurrencies. In other words, these platforms serve as a bridge between the two economies, because fiat is involved, and transaction fees, as well as withdrawal charges, can be higher than average.

Moreover, most of the top crypto exchanges will offer “trading pairs” that pair major fiat currencies with mainstream cryptos, such as BTC/USD, ETH/GBP, and LTC/EUR.

The Difference Between Centralized and Decentralized Exchange

A centralized exchange, such as Binance,, Huobi Global, KuCoin, or OKX, has its order book. In this way, every order is recorded and validated. To ensure correctness, data is exchanged internally via dedicated servers and goes through centralized security processes.

Centralized exchanges operate under regulatory supervision and have extensive know-your-customer policies built in. Simultaneously, centralized exchanges actively crack down on fraudsters following applicable laws to prevent money laundering.

Furthermore, a decentralized exchange (DEX) also offers the core functions of a CEX. These include order books or Automated Market Maker, a trading venue, a matching system, and security functions. Practically, the difference between centralized exchanges is that all these functions are decentralized. To this end, a DEX is not based on internal servers and its own IT infrastructure but acts as a decentralized application (dApp) on a blockchain.

Example Of Decentralized Exchange

1. Pancakeswap

PancakeSwap is the leading decentralized exchange on BNB Smart Chain, with the highest trading volumes in the market

Pancakeswap Finance

Furthermore, PancakeSwap runs on BNB Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Additionally, trading fees are lower than other top decentralized exchanges too.

2. ApeSwap Finance

ApeSwap is a decentralized finance (DeFi) platform offering a full suite of tools to explore and engage with the future of wealth building, overseen by the ApeSwap Decentralized Autonomous Organization (DAO).

ApeSwap Finance

Furthermore, the Pancakeswap community and partners can tap into the next generation of financial innovation through its decentralized exchange, utility token staking, premium launchpad, lending network, and NFT projects in a secure, transparent, and globally accessible way.

In addition, DEX is anonymous because almost no user data is needed for trading. Often, users only need a public address to be allowed to trade on a decentralized exchange. Subsequently, there are no third parties (authorities or financial regulators) monitoring or imposing regulations on the exchange as a decentralized application.


Therefore, DEX is the easiest platform to use for trading and swapping different types of crypto assets. It does not require KYC Verification or any identification. DEX is truly decentralized when it comes to trading activities.

There are lots of trusted cryptocurrency exchanges in the market today, but we only list the top 5 for our user’s benefit to easily understand what cryptocurrency exchange is all about.

On the other hand, a centralized exchange is the type of exchange that requires registration so that they can be sure that their client is a real person and not a robot.


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