The crypto exchange ranking is an important thing to consider before joining any exchange. There are several factors that determine the overall quality of a crypto exchange and its position in the market. One such factor is liquidity, which is represented by the volume of BTC, ETH, and other coins traded on an exchange every day. Another factor is security which ensures that your funds are safe under lock and key while being traded. We will be looking at these four main categories in this article:
Binance Crypto Exchange Ranking
Binance is the largest crypto exchange ranking in the world, with a 24-hour trading volume of $1.5 billion as of March 2019. It has over 200 trading pairs and offers a large selection of coins available for trading. You can also trade on Binance using fiat currencies such as USD or EURO by depositing funds using your credit card or bank account.
In addition to being an exchange, Binance also offers other services such as ICO launchpad which helps companies to raise funds through an initial coin offering (ICO). The company was founded by Changpeng Zhao who previously worked at OKCoin before founding Binance in 2017 as an ICO project known as “Binary Financial.”
OKEx Crypto Exchange Ranking
OKEx is a digital asset exchange that was launched in 2014 by OKCoin, a Beijing-based crypto exchange that was founded in 2013. The platform offers spot trading of various cryptocurrencies and tokens, margin trading with leverage up to 5x, futures contracts and more.
OKEx is one of the largest crypto exchanges in the world with over $1 billion worth of daily volume traded on its platform at times. The exchange has offices across Asia Pacific including Hong Kong and Taiwan as well as offices in Europe (London), North America (San Francisco) and South America (Sao Paulo).
Huobi Crypto Exchange Ranking
Huobi is a cryptocurrency exchange based in Singapore. It was founded in 2013 and has offices in Hong Kong, Japan, Korea and the United States. It is currently the third largest cryptocurrency exchange by trading volume behind Binance and OKEx with over $1 billion in daily volume.
Huobi’s platform offers trading pairs for Bitcoin (BTC), Ethereum (ETH), Tether USDT) and EOS among others.
Kraken Crypto Exchange Ranking
Kraken is a US-based cryptocurrency exchange that offers fiat to crypto pairs and vice versa. It’s the largest Bitcoin exchange in euro volume and liquidity, with over $20 billion worth of daily volume.
Kraken is also a partner in the first cryptocurrency bank, called Fidor Bank AG, which has been issued a full banking license by German authorities.
Bitfinex Crypto Exchange Ranking
Bitfinex is a major cryptocurrency exchange based in Hong Kong. It was founded in 2012 by Raphael Nicolle and Giancarlo Devasini, and owned by iFinex Inc. The exchange offers trading pairs with fiat currencies such as USD and EUR, as well as cryptocurrencies like Bitcoin, Ethereum, Litecoin and others.
Bitfinex has daily trading volume of more than $1 billion on average since its inception.
We hope you enjoyed reading our article on the biggest crypto exchange ranking. We know that there are many other exchanges out there, but these are some of the most popular ones for sure!