13 Best Bitcoin Exchanges to Trade Bitcoins in 2023
Bitcoin well might be on the path of becoming the world’s single currency !!
If that happens, you might not want to be left behind, especially when Bitcoin is the rarest thing the world has ever seen so far.
I think you already know this and that’s why you have made up your mind to put some bitcoins in your portfolio. If that’s the case directly skip to this section to see some of the best bitcoin exchanges.
And if you are yet not convinced of having BTC in your portfolio, read through with me:
Only 21 million bitcoins will be generated out of which 3.5 million are however yet to be mined, and approx 4 million coins are already lost, leaving the 7 billion world population with an effective supply of 13 million bitcoins, at the time of writing.
Do you even realize, how scarce it is?
Owning a single Bitcoin is becoming more and more difficult – only 1 in 6 Americans can afford to buy 1 BTC with 1% of their net worth and experts are already suggesting that this might be the last chance for general masses to be able to buy one whole BTC.
Also, there are 11 million millionaires in the United States alone. So there is already not enough Bitcoin for each of them to own two whole Bitcoin.
Think about that !!
2020’s Top Bitcoin Exchange Platforms
So in light of all these facts, we have worked hard for you to bring this exclusive list of Best Bitcoin exchanges that you can use to buy and sell Bitcoins.
|Popular Bitcoin Exchanges||Quick Buy Links|
|CEX.io (All Countries)||Try Now|
|bitFlyer (EU, Japan, US)||Try Now|
|Coinbase (UK, United States, Europe, Canada, etc)||Try Now|
|Coinmama (All Countries)||Try Now|
|XBTPro (Europe & UK)||Try Now|
|Wirex (Europe & UK)||Try Now|
|Bitit (US, UK, Europe, Australia, Canada, etc)||Try Now|
|Binance.je (UK & Europe)||Try Now|
|LocalBitcoins (All Countries)||Try Now|
|Abra (United States)||Try Now|
- Countries Servicing: All countries supported except a few.
- Supporting Fiat: EUR, USD, and RUB
- AML/KYC Requirements: Mandatory AML/KYC is required
CEX.io is one of the best bitcoin exchange platform.
CEX is based out of London, UK since 2013 and has garnered a lot of support from cryptocurrency users around the world as over a million users trust it.
As we speak CEX is listing nine cryptocurrencies on its exchange including Bitcoin and the good thing is that it serves both as Bitcoin broker and Bitcoin exchange for the users.
One can easily buy and sell Bitcoins through CEX.io by using their credit card (or debit) or bank transfers and at the same time use that BTC to trade on its order-book interface.
As of now, you can trade Bitcoin on CEX in these pairs, BTC/USD, BTC/EUR, BTC/GBP, BTC/RUB, ETH/BTC, BCH/BTC, DASH/BTC, LTC/BTC, XRP/BTC, ZEC/BTC, XLM/BTC, etc
If you notice carefully, CEX supports trading of Bitcoin in all major fiat currency as well against other popular cryptocurrencies.
Not only this:
CEX also provides iOS & Android apps for those users who don’t have the time to trade Bitcoin by sitting in front of a computer, so instead such users can trade Bitcoin using CEX mobile apps on the go !!
bitFlyer is one of the oldest standing Bitcoin exchanges in the world. They are operating in this space since 2014 and have served millions of users around the world to buy/sell cryptocurrencies.
They are the largest exchange in Japan and the only exchange licensed to operate in Japan, EU, and the US (46 states including New York).
bitFlyer’s infrastructure is built by Wall Street veterans for professional traders with all of the features and power you would expect from one of the world’s largest exchanges. Using bitFlyer one can easily trade Bitcoin, Ethereum, and other currencies on a 24×7 basis with huge liquidity pools.
bitFlyer has reached 250+ billion dollars in volume to date and is ranked as a “AA” exchange by CryptoCompare. BitWise has also included them in the list of top 10 exchanges with real volumes with various order types and competitive fee structures at your disposal.
Bank deposits and wire transfer are acceptable on bitFlyer and can be used from time to time whenever you want to buy cryptocurrencies like BTC, ETH, ETC, LTC, & BCH, so what are you waiting for, try it out.
- Countries Servicing: Coinbase serves 42 countries.
- Supported Fiat: USD, EUR, GBP (via SEPA)
- AML/KYC Requirements: Mandatory AML/KYC is required
- Customer Support: Through E-mail and Phone
Coinbase has become synonymous to buying Bitcoin and is one of the largest Bitcoin and cryptocurrency exchanges in the cryptosphere.
Established in 2012 and based out of California, the United States Coinbase has done a phenomenal job in bringing cryptocurrencies like BTC and ETH to the masses.
It is also one of the top Bitcoin broker exchanges serving in more than 40 countries with high liquidity so great that you need not worry about your transaction getting stuck.
Coinbase broker supports BTC, ETH, BCH, & LTC as of now.
But it gets better:
Coinbase also has its order books exchange known as Coinbase Pro where users can bid in real-time and can day trade 30+ cryptocurrency pairs.
Another good thing with this most popular Bitcoin exchange is that it allows you to trade popular cryptocurrencies like BTC, ETH, LTC, ETC, BCH, etc. against fiat pairs.
So if you are someone who wants to buy Bitcoin for fiat money like USD, EUR, etc. or want to trade BTC for fiat, Coinbase Pro is the place to go !!
For on the go users, Coinbase also provides its trading apps both in iOS & Android, so feel free to use them.
Lastly, Coinbase new users can get an additional bonus of $10 when they signup using this link and do a transaction of atleast $100 !!
- Countries Supported: They operated in over 200 countries.
- Supporting Fiat: All fiat currencies
- AML/KYC Requirements: KYC is mandatory.
Coinmama is an exchange Bitcoin & cryptocurrency exchange based out of Slovakia since 2012.
Using Coinmama you can buy Bitcoin, Ethereum, Litecoin, etc. like currencies anywhere in the world and expect to get charged fairly for the deal.
Here you can buy popular cryptocurrencies in minutes through your Visa/MasterCard credit or debit card easily, and it has served more than a million customers so far.
Note: Using Coinmama’s bank transfer option, even EU & UK citizens can buy Bitcoin with SEPA bank transfer. Also, note that Coinmama doesn’t allow you to sell cryptocurrencies on its platform !!
- Countries: Worldwide, except the USA, the province of Quebec in Canada, Algeria, Ecuador, Ethiopia, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, and Sudan
- KYC: Not required for trades under $10,000
- Fees Structure: Starting from 0.05% taker and 0.02% maker (volume discounts available)
- Supported pairs: BTC/USD; BCH/BTC; BSV/BTC; BTG/BTC; DASH/BTC; DASH/ETH; ETH/BTC; ETH/USDT; LTC/ETH; LTC/BTC; XRP/BTC; XLM/BTC; XLM/ETH; XRP/ETH
XBTPro exchange started operating in February 2020 and is a completely new exchange, but it is packed with features and allows quick and secure trading of 10 cryptocurrencies with very tempting trading fees, as well as margin trading feature, allowing experienced traders to multiple their returns
For the security aspect, XBTPro relies on the services of the market leader in security, BlueSwarm. BlueSwarm has been conducting penetration tests and working on improving the XBTPro security level of the platform even prior to the launch of the exchange in February 2020. The exchange is also certified by Blueswarm to ensure peace of mind for the end customer
There are zero costs for deposits and very tempting volume-based promotions on fees. The exchange tries to keep their fees way below the medium on the market. In addition, the NEXBT token which is an exchange native token is scheduled for launch in June 2020. The token will allow even better deals on trades for XBTPro users.
Trading competitions, trading academy videos, and tutorials and the referral/loyalty program are just part of the benefits that platform users can take advantage of.
Wirex is another service that you can use if you are interested in Bitcoin.
Wirex is based out of London, the UK, and has been serving the community since 2015. It also issues crypto debit cards but its main USP is the ease with you can exchange your fiat money into Bitcoin.
You get regulated crypto linked bank account which you can use to keep multiple currencies including Bitcoin and USD. You can also top-up the account with fiat currency from other bank accounts to buy and sell Bitcoin from it.
Note: Wirex has also started supporting countries like Australia, Hong Kong, Malaysia, Singapore, South Korea, and Taiwan. Also, when using the Wirex debit card, you get 0.5% cashback in Bitcoin.
Bitit is based out of France and is operating in this space since 2015.
The sole aim of Bitit is to make the purchase of cryptocurrencies seamlessly easy and towards that, they have integrated 10+ fiat currencies and 15+ cryptocurrencies on their platform.
There are various payment methods that you can use while using Bitit but the most popular ones remain wire transfer and credit card.
So if you are someone who wants to buy Bitcoin or other cryptocurrencies quickly in countries like the UK, Europe, Australia, Canada, France, etc, you can check out Bitit.
- Countries Servicing: Worldwide
- Supporting Fiat: GBP, EUR, UGX
- AML/KYC Requirements: Verification mandatory to deal in fiat otherwise not.
- Fees Structure: 0.1% flat trade fee
- Customer Support: Through Chat
Binance is a household name for cryptocurrency users because Binance has been the preferred choice for Bitcoin and cryptocurrency exchanges among traders since its establishment in 2017.
Binance exchange originated from China in 2017 and eventually moved to Malta due to government regulations, but then also it has been one of the largest Bitcoin exchanges in this space.
Binance has brands like Binance order books exchange, Binance Jersey, and Binance Uganda that serves the needs of different customers.
Having said that, if you already have Bitcoin and want to trade it, then Binance is undoubtedly the best platform for Bitcoin trading (as well as good for margin trading).
Here you will get high liquidity and more than 300+ other cryptocurrencies to trade for Bitcoin.
On the other hand, if you wish to buy Buy Bitcoin for fiat money like GBP or EUR then Binance Jersey, the first fiat-to-crypto currency exchange to operating from Jersey under the Jersey Financial Services Commission is the best option to go about.
Lastly, you also get Binance’s fast and intuitive trading and exchange apps in iOS and Android versions which makes it the best Bitcoin exchange for day trading as well as margin trading.
Lastly, regarding trading fees, Binance is a cost-effective trading platform because it charges only 0.1 % as a trading fee in which also you can get up to 50% discount if you opt to pay the trading fee in Binance Coin (BNB), as per the given schedule.
Binance.je (Binance Jersey exchange) is the sister exchange of Binance exchange launched specifically for UK and European residents to help them buy Bitcoin in fiat currencies like EUR or GBP.
You, of course, need to complete a KYC on this exchange but the process is a bit easier than other exchanges. So if you are a resident in Europe or UK who wants to buy Bitcoin in their fiat currencies, Binance is the way to go !!
Sign up for Binance.je for free
- Countries Servicing: All countries
- Supporting Fiat: All fiat currencies
- AML/KYC Requirements: KYC is not mandatory.
LocalBitcoins is strictly a Bitcoin P2P exchange.
LocalBitcoins is based out of Finland since 2012 and allows its users to exchange Bitcoin in a peer to peer fashion by being an escrow in between.
If you are someone who wants to exchange BTC in cash or through a wire transfer by meeting traders in-person than LocalBitcoin is for you.
Through LocalBitcoins you can connect with Bitcoin traders in more than 15000 cities across 200 countries around the world. And its escrow fee service is also as low as 1% which is I think is entirely fair for overseeing Bitcoin trades on its trading platform.
So what are you waiting for?
Create LocalBitcoin Account Now
- Countries Servicing: United States, UK, Europe Region
- Supporting Fiat: EUR, USD, PLN,
- AML/KYC Requirements: Verification is mandatory to deal with fiat.
- Fees Structure: 0.1%-0.43% flat trade fee
Known for its customer service, BitBay has carved its own space in the cryptosphere.
BitBay is based out of Poland, Europe and is considered one of the best Coinbase alternatives in Europe region. The exchange was established in 2014 and since then has garnered support from many crypto users.
BitBay is one of the cheapest Bitcoin and Cryptocurrency exchanges in Europe if you are dealing in fiat currencies and since you are planning to deal with fiat, BitBay requires you to complete your KYC, which is quick.
Right now, BitBay enjoys decent liquidity of 2000+ BTC where you can find 70+ cryptocurrency pairs including Bitcoin.
The trading fees for Bitcoin on this exchange are on the lower side and is around 0.1 % and if you want to buy Bitcoin using BitBay, expect to pay nothing for fiat deposits and freely buy Bitcoin. As of now, BitBay supports USD, EUR, PLN fiat currencies for Bitcoin.
Lastly, for users who want a Bitcoin trading platform that is accessible from mobile apps, BitBay is the one they should look at.
- Countries Servicing: +100 countries except for China, Middle East Countries & North Korea
- Supporting Fiat: EUR, USD, PLN, RUB, UAH
- AML/KYC Requirements: Verification is mandatory to deal with fiat.
- Fees Structure: 0.2% flat trade fee
Established in 2013, Exmo is one of the top 10 Bitcoin and cryptocurrency exchanges in the world, and it is based out of London, UK.
At the time of writing, Exmo has 1.5 million users with 315 000 daily visitors, 133 trading pairs, and dedicated BTC, ETH, XRP, LTC, USD, RUB markets.
Getting started on Exmo is easy, and it only takes your email ID, to begin with, but for higher levels of freedom for dealing with fiat, you need to undergo identity verification, which happens quite swiftly here.
Given the volume on it, you will quickly find a lot of liquidity for your Bitcoin trades which can be executed against fiat pairs such as EUR, USD, PLN, RUB, UAH.
There are numerous other cryptocurrency pairs also with which you can trade your BTC, and almost all the popular cryptocurrencies are available for it.
Lastly, they also have a cashback program in which you can get up to 70% of your trading fee back; amazing isn’t it !!
Huobi is also known as the Huobi Pro exchange, and it is operating in this space for a few years now. It originally started from China but has now moved across borders to expand its exchange operations.
Now it is based out of Singapore, and as we speak, it sits on number #3 spot on CoinMarketCap in terms of the volume.
Huobi Pro has more than 350 cryptocurrency pairs listed on it including Bitcoin and consistently maintains 100,000+ volume in BTC.
Their registration process is also pretty simple and straightforward as you just require the email ID to begin with, so go ahead and do the needful.
The fees on Huobi Pro exchange is nominal and follows maker/taker schedule for the trading fee as follows:
- Maker fees: 0.2%
- Taker fees: 0.2%
But Huobi has its native HT token and holders of this token can get up to 50% discount provided they avail for the VIP membership for trading Bitcoin and other currencies on this exchange.
Abra is the best and the most modern bank on Bitcoin.
Using the Abra app one can easily deal with 30 cryptocurrencies and 50 fiat currencies in more than 100 countries.
Abra is also a non-custodial crypto wallet where you control your cryptocurrencies like Bitcoin. Moreover, Abra accepts wire transfer and credit card transfers so that you can easily exchange Bitcoin.
So these are some of the best and most popular bitcoin trading platforms.
At all these places you can expect the delivery of your real Bitcoin which we suggest you transfer to a Bitcoin wallet that you control.
These Bitcoin and cryptocurrency exchanges are only good for trading Bitcoin and not that safe for storing that’s why don’t keep your bitcoins on them for long.
There are many other types of Bitcoin exchanges, but those are CFD exchanges that don’t provide actual bitcoins, so do make sure to choose wisely which exchange you trade.
Few More FAQs Regarding Bitcoin Exchanges That Are Asked?
Which Bitcoin exchange has the lowest fees or no fees at all (zero fees?)
There are no exchanges with Zero fees and if there are any, I recommend not to use them. Furthermore, Cex.io & Coinmama Cryptocurrency exchanges have low fees.
Which bitcoin exchange accepts credit card or debit cards? (Visa/Mastercard)
Coinmama is the Bitcoin exchange that accepts credit/debit cards including Visa & Mastercard by almost all the countries of the world.
Which bitcoin exchange accept PayPal or Skrill or Neteller or SEPA?
Coinbase & Coinmama Bitcoin exchanges accept SEPA whereas Bitpanda accepts Skrill, Neteller, and also SEPA.
Which Bitcoin exchange is best to choose and use?
If you are a beginner, Coinbase & Bitpanda exchange is best to choose and use. But if you are somewhat familiar with exchanges and all then maybe you can use Coinmama or CEX.io because they are pretty quick in providing your bitcoins.
Which is The quickest, Biggest, & Largest Bitcoin Exchange?
Coinbase and Binance are the biggest and largest Bitcoin exchange in the world from where you can buy many more other currencies.
Which Is The Bitcoin Exchange with USD withdrawal & Deposits?
Coinbase and CEX.io is the biggest Bitcoin exchange with USD withdrawals and deposits for more than 50 countries around the world.
Which Bitcoin exchange you can use without ID verification or KYC registration (no ID or no KYC exchange)?
There is no Bitcoin exchange that you can use without KYC or ID verification. Of course, you can use LocalBitcoins and Changelly exchange with an alias name and ID but at some point, they might also demand KYC or ID verification.
Which Bitcoin exchange has no limits (without limits)?
There are many exchanges like Coinbase or CEX.io that have no limits of transaction but for that, you need to complete a thorough KYC check.
Which Bitcoin exchange is the safest?
No Bitcoin exchange is the safest. Binance had that title for initial 1.5 years but after its recent hack, it is no more so. But in short, no Bitcoin exchange is safe and that’s you should only use the best Bitcoin hardware wallets to store your bitcoins.
Lastly, we have made this list of Bitcoin trading platforms after a thorough use of these exchanges, so if you find any discrepancies while using these Bitcoin trading sites then do report to us, and we shall update this list 🙂