Best Crypto Exchanges and Apps For November 2024

11/25/24, 12:52 PM Best Crypto Exchanges and Apps for November 2024
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CRYPTOCURRENCY BUYING & SELLING
Best Crypto Exchanges and Apps for

November 2024
By ALEX LIELACHER Updated November 21, 2024
Reviewed by ERIKA RASURE
Fact checked by WILL BAKER
After comprehensively reviewing 28 cryptocurrency exchanges in more than 20 weighted

categories, our top picks for the best cryptocurrency exchanges include Kraken, Coinbase,
and Crypto.com. To find you the best options, we researched key criteria such as security,
offerings, availability, fees, financial options, features, and mobile capabilities.
Cryptocurrency exchanges operate similarly to other central exchanges, such as

traditional online brokerages. With the price of Bitcoin touching new all-time highs of over
$98,000 in November 2024, the best crypto exchanges offer you all the tools needed to
research and invest in Bitcoin and other cryptocurrencies such as Shiba Inu or Dogecoin.
[1]
In addition to providing a platform to securely buy and sell digital currencies and
Our Topmany
Picks crypto exchanges offer additional crypto investment services, such as
tokens,
staking,
Kraken lending, and digital asset custody.
Coinbase
Best Crypto Exchanges and Apps for November 2024
Crypto.Com
Best for Low Fees and Best for Experienced Traders: Kraken
Best for Beginners: Coinbase

See More (4)
Best Mobile App: Crypto.com
Best For Security: Gemini

BEST CRYPTO
Best forEXCHANGES AND APPS FOR NOVEMBER 2024
Altcoins: BitMart
https://www.investopedia.com/best-crypto-exchanges-5071855 1/20
Best for Bitcoin: Cash App

LIVE
Best Decentralized Exchange: Bisq
Important: Investing in cryptocurrencies, Decentralized Finance (DeFi),
and other Initial Coin Offerings (ICOs) are highly risky and speculative, and
the markets can be extremely volatile. Consult with a qualified
professional before making any financial decisions. This article is not a
recommendation by Investopedia or the writer to invest in
cryptocurrencies; nor can the accuracy or timeliness of the information be
guaranteed.
BEST FOR LOW FEES AND BEST FOR EXPERIENCED TRADERS
Kraken
4.2
Investopedia's Rating
Our Top Picks
Kraken
Coinbase Transaction Fees: 0.00% to 0.40%
Crypto.Com Currencies: 200+
See More (4) Minimum Deposit Or Purchase: $1
Trade Limits: Yes
OPEN ACCOUNT
BEST CRYPTO EXCHANGES AND APPS FOR NOVEMBER 2024
Why We Chose It LIVE
Kraken’s professional-grade trading platform is our pick for the best low-fee
exchange because it charges some of the lowest fees in the crypto asset
exchange landscape. However, it’s also our top choice for experienced traders, as
it offers advanced order types and supports margin and futures trading.
Pros & Cons
Pros Cons
Large number of supported Not available in all U.S. states
cryptocurrencies Limited account funding options
Low fees
Highly liquid exchange
Overview
BEST FOR BEGINNERS
Our Top Picks Coinbase

4.8
Kraken
Coinbase
Coinbase
Crypto.Com
See More (4)
Transaction
BEST CRYPTO EXCHANGES AND APPS FORFees: 0.00% to2024
NOVEMBER 0.60%
Currencies: 200+
LIVE
Minimum Deposit Or Purchase: $2
Trade Limits: Yes
OPEN ACCOUNT
with Coinbase
Why We Chose It
Coinbase is our pick for the best crypto exchange for beginners because it offers
a large number of supported cryptocurrencies, strong security, and advanced
trading options, all on an easy-to-use platform.
Pros & Cons
Pros Cons
Large number of cryptocurrencies Lack of high-quality customer
and trading pairs service
Offers both beginner-friendly and Coinbase's default wallet is a

advanced trading platforms custodial account, with no control
Highly liquid exchange over your private keys
Our Top Picks
Overview
Kraken
Coinbase
Crypto.Com
BEST MOBILE APP
See More (4)
Crypto.com
4.7
LIVE
Crypto.com
Transaction Fees: 0.00% to 0.075%
Currencies: 350+
Trade Limits: Yes
OPEN ACCOUNT
Why We Chose It
We chose Crypto.com as the best mobile crypto exchange app because it

provides an extensive digital asset trading and investing ecosystem you can
access easily from your smartphone.
Pros & Cons

Our Top Picks
Pros Cons
Kraken
Supports more than 350 Poor customer support
cryptocurrencies
Coinbase
Provides a range of cryptocurrency
Crypto.Com
products
See More (4)
Overview
BEST FOR SECURITY

LIVE
Gemini
4.6
Gemini
Transaction Fees: 0.0% to 0.40% for

active trader, 1.49% for most
transactions on regular platform
Currencies: 70+
Minimum Deposit Or Purchase: Varies
Trade Limits: Yes
OPEN ACCOUNT
Our Top Picks
Kraken
Why We Chose It
Coinbase
We have picked Gemini as the crypto exchange with the best security because it
has robust security protocols, insures user funds, and is SOC 2-certified. (SOC, or
Crypto.Com
Service and Organization Controls, is a cybersecurity compliance standard).
See More (4)
However, alongside its high-security standards, crypto traders will appreciate
that the site's user experience is sleek and easy to use.
Pros & Cons

Pros Cons
LIVE
Available to users in all 50 U.S. states High fees on many trades
Highly liquid exchange Supports fewer cryptocurrencies

Insures funds held in hot wallet than many competitor exchanges
Strong security framework
Overview
BEST FOR ALTCOINS
BitMart
4.6
BitMart
Our Top Picks
Kraken Transaction Fees: 0.04% to 0.10%
Coinbase Currencies: 1500+
Minimum Deposit Or Purchase: $50 for

Crypto.Com
Bitmart purchases
See More (4)
Trade Limits: Yes
OPEN ACCOUNT
Why We Chose It LIVE
BitMart is our top pick in the best for the altcoins category. Although crypto
traders can still trade popular cryptocurrencies such as Bitcoin and Ethereum,
BitMart allows users in 160+ countries to buy and sell over 1,500
cryptocurrencies.
Pros & Cons
Pros Cons
Supports a very large number of Experienced a large-scale hack in
cryptocurrencies 2021
Provides crypto earning Poor feedback from customers

opportunities
Offers a simple buy/sell

cryptocurrency feature
Overview
Our Top Picks

BEST FOR BITCOIN
Kraken Cash App

Coinbase 4.2
Crypto.Com
See More (4)
LIVE
Square Cash
Transaction Fees: 0.00% to 3%
Currencies: 1
Trade Limits: Yes
OPEN ACCOUNT
Why We Chose It
We chose Cash App as our top pick among Bitcoin-only exchanges as it allows
you to seamlessly and securely buy, sell, and store Bitcoin from your
smartphone.
Pros & Cons

Our Top Picks
Pros Cons
Kraken
Easy-to-use interface Only supports Bitcoin
Coinbase
Withdraw to wallets Custodial wallet
Supports the Bitcoin Lightning

Crypto.Com Various limits on deposits, sales, etc.
Network
See More (4)
Overview
BEST DECENTRALIZED EXCHANGE

LIVE
Bisq
3.3
Bisq
Transaction Fees: 0.15% to 1.15%
Currencies: Not Disclosed
Minimum Deposit Or Purchase: Not

Disclosed
Trade Limits: Yes
OPEN ACCOUNT
Our Top Picks

Why We Chose It
Kraken
Bisq is our pick for the best decentralized exchange because it allows users
Coinbase
anywhere in the world to securely and privately buy and sell Bitcoin and a range
of other cryptocurrencies.
Crypto.Com
See More (4)
Pros & Cons
Pros Cons
Available globally Transaction speed can be slow
Offers a high degree of privacy, no ID Trading volumes can be low

LIVE
verification required Not designed for active trading
50+ different payment options
Overview
Warning: Unlike traditional brokerage firms, cryptocurrency exchanges are
not members of the Securities Investor Protection Corp. (SIPC). Therefore,

unless user terms specify otherwise, investors with cryptocurrency assets
commingled on a custodial cryptocurrency exchange could potentially
lose their funds as unsecured creditors. [22]
Our Expert Picks

Choosing the right crypto exchange that meets your needs as an investor is an essential
aspect of investing in cryptocurrencies. Whether you require easy liquidity, low trading
fees, a wide variety of tradable assets, or a user-friendly mobile trading experience, you
can find an exchange that fits the bill.
Our Top Picks

If you're looking to trade on a highly secure, regulated crypto exchange that offers a large
Kraken of supported cryptocurrencies, Gemini is your go-to choice. If, instead, you're
number
looking to trade a wide range of new and small-cap crypto tokens, BitMart is arguably the
Coinbase
best choice. Conversely, if you're only interested in investing in Bitcoin, CashApp is
probably the most convenient option.
Crypto.Com
See More (4)

Experienced traders looking to deploy advancing crypto derivatives trading strategies will
find a home with Kraken, while privacy-conscious crypto investors will enjoy the added
layer of privacy that the decentralized exchange Bisq offers.
Compare the Best Cryptocurrency Exchanges LIVE
Company Transaction Fees Currencies Minimum Deposit or Purchase
Kraken
Best for Low Fees & 0.00% to 0.40% 200+ $1
Experienced Traders
Variable fees
(Coinbase),
0.00% to 0.40%
Coinbase
maker fee, and 200+ [23] $2 [24]
Best for Beginners
0.05% to 0.60%
taker fee per
trade
Crypto.com
0.00% to 0.075% 350+ $1
Best Mobile App
0.0% to 0.40%
for active
traders, 1.49%
Gemini
for most 70+ Varies
Best for Security
transactions on
the regular
platform [25]
Our Top Picks
BitMart 0.04% to 0.10%

Kraken [26] 1,500+ $50 for Bitmart purchases [27]
Best for Altcoins
Coinbase
Cash App
0.00% to 3% [28] 1 $1
Crypto.Com
Best for Bitcoin
See More (4)

Bisq
0.15% to 1.15% Not
Best Decentralized [29] Not Disclosed
Disclosed
Exchange
LIVE
"Crypto is a relatively new asset class that is picking up interest as the
days go by. We have seen “new” assets garner a great deal of interest and
simply go away as time goes on. I do not believe crypto will be an asset
that goes away, but how it is used and what coin or option will be the most
viable is hard to tell. I think the best way to go about investing in this space
is using an ETF (Exchange Traded Fund) that will provide you with
exposure and diversification within the asset class. It will also insulate you
from fraudsters and thieves who may try to steal Bitcoin directly from your
wallet. You may think that this is impossible, but we had a family we work
with that had $150k of Bitcoin stolen right from their wallet, and there was
nothing they could do about it." - Lawrence Spung, a member of
Investopedia’s Financial Advisor Council.
Guide for Choosing the Best Crypto Exchanges

Are Crypto Exchanges Worth It?
If you are looking to purchase cryptocurrencies, signing up for a crypto exchange can be
your best option to get started.
While buying a few hundred dollars worth of Bitcoin from a local Bitcoin ATM may be
convenient, it makes more sense to use an exchange if you are looking to invest a larger
Our Top or
amount Picks
you’re interested in buying a range of cryptocurrencies.
Kraken
Crypto exchanges are the safest and most legal way to obtain cryptocurrency. But those
Coinbase
aren't the only reasons using an exchange is most suitable:
Crypto.Com
Crypto exchanges let users buy and sell cryptocurrencies online or using a mobile app,
making
See More (4)it easy to access the crypto markets from anywhere.
Most cryptocurrency exchanges offer a range of digital currencies and tokens,

providing numerous options for investors who want to build a diversified portfolio of
digital assets.
Leading crypto exchanges typically hold user funds in cold storage to ensure the safety
LIVE
of assets.
Global crypto exchanges usually comply with Know Your Customer and Anti-Money
Laundering (KYC/AML) rules as well as financial regulations. Therefore, users can be
assured they’re not dealing with a fraudulent company or malicious market
participants.
How to Choose the Best Crypto Exchange

When choosing a crypto exchange that meets your needs, there are several factors to
consider. The most important things to look at are:
Supported assets: If you are looking to buy cryptocurrencies other than Bitcoin, look
at the list of supported assets before deciding on an exchange. Some only support a
few cryptocurrencies, while others allow you to trade hundreds.
Payment methods: Crypto exchanges typically offer a handful of ways to fund your
account or purchase cryptocurrencies directly. While most exchanges support wire
transfers, some platforms also allow you to buy crypto using credit cards, debit cards,
and other digital payment methods.
Fees: High fees can eat into your investment returns, which is why it is important to
research crypto exchange fees before you open an account. Crypto exchanges typically
charge trading fees and withdrawal fees, but other transaction fees can also pop up.
Our Top Picks
Security: Unfortunately, crypto exchanges are a prime target for hackers looking to get
Kraken
their hands on cryptocurrency. Security breaches and cyber theft are common in the
crypto exchange landscape, which is why it is essential to choose an exchange with
Coinbase
strong security measures in place.
Crypto.Com
Customer service: If you are new to cryptocurrency or investing, you may have
See More (4)
questions or need help getting started. In that case, choosing an exchange with
excellent customer support is probably the right move.
Reputation: Before you sign up for an account on a crypto exchange, it’s a good idea to
researchEXCHANGES
BEST CRYPTO that exchange’s
AND reputation first. Read customer
APPS FOR NOVEMBER 2024 reviews, look into the
exchange’s history, and look for any recent news stories that might provide some
LIVE
valuable insight.
How to Sign Up for a Cryptocurrency Exchange Account

Opening an account on a cryptocurrency exchange works similarly to signing up for an
online brokerage account. Investors will need to provide personal and financial
information to open an account successfully.
Below are the general steps that investors can expect to follow:
1. Create an account: Investors must provide an email address and create a password to
open an account. You will then receive an email asking you to confirm that you are the
owner of that email account.
2. Upload personal information: Next, you will need to provide your personal
information. This generally involves providing your full name, address, and mobile
phone number and then uploading a copy of a government-issued photo ID such as a
driver's license or passport.
3. Complete identity verification: Some exchanges may also require an extra step to
prove the ID you're uploading is yours. Generally, this involves taking a photo of yourself
holding your ID with a webcam or phone and submitting the photo to the exchange.
4. Fund your account: After completing the verification process, you can fund your
trading account using the available funding options and start to buy and sell
cryptocurrencies.
Our Top Picks
Kraken
User verification can take anywhere from a few minutes to several days, depending on the
exchange and the verification level required. Exchanges often offer tiered verification
Coinbase
levels, with lower tiers requiring less information. Lower verification tiers, however,
Crypto.Com
usually come with lower deposit and withdrawal limits.
See More (4)
LIVE
Everything You Need to Know About Cryptocurrency Exchanges
Why You Should Trust Us

Investopedia collected and analyzed key data points from several crypto exchanges to
identify the most important factors for readers choosing the best crypto exchange
company. We used this data to review each company for fees, available cryptocurrency,
minimum deposit, and other features to provide an unbiased, comprehensive review to
ensure our readers make the right decision for their financial needs. Investopedia
launched in 1999 and has been helping readers find the best crypto exchange since 2020.
Our Top Picks
Frequently
Kraken Asked Questions
How Does A Cryptocurrency Exchange Work?
Coinbase
Crypto.Com
What Should You Look at When Choosing a Cryptocurrency
Exchange?
See More (4)
How Do You Buy Cryptocurrency?
What Is the Safest Crypto Exchange? LIVE
How Do Cryptocurrency Exchanges Make Money?
What Is the Easiest Crypto Exchange To Use?
Are Cryptocurrency Exchanges Regulated?
What Is Staking?
Companies We Reviewed
How We Picked the Best Cryptocurrency Exchanges and

Apps
Our team reviewed 28 cryptocurrency exchanges and collected over 1000 data points
before selecting our top choices. The top picks were selected based on more than 20
weighted criteria, including trading fees (weighted 20%), withdrawal fees (15%), and
whether an exchange offers cold storage of crypto assets (weighted 10%). For further
information about our selection criteria and process, our complete methodology is
available.
Our Top Picks
Guide
Kraken
to Crypto Exchanges and Apps
Learn more about crypto exchanges and apps:
Coinbase
What is Crypto Insurance?
Crypto.Com
How to Buy and Sell Bitcoin Options
See More (4)
How to Create a Crypto Wallet
How to Invest in Crypto Without Buying Crypto
Cryptocurrency IRAs: Advantages and Disadvantages

LIVE
How to Pay With Cryptocurrency
How to Buy Metaverse Crypto
How to Store Cryptocurrency
What Charts Should Crypto Investors Use?
Our Top Picks

Investopedia / Julie Bang
Kraken
ARTICLE SOURCES
Coinbase
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focus on tip of
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BitMart CRYPTO EXCHANGES

BitMart Review 2024
Woman's hand CRYPTO WALLETS

shows her Best Crypto Wallets for November 2024
smartphone with
Bitcoin
Woman sits on CRYPTO EXCHANGES

computer at a desk Kraken Review
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review from
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BEST CRYPTO thatEXCHANGES
are cheaper and
ANDfaster
APPSthan
FORtraditional
NOVEMBER payment
2024 methods. more
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Binance Exchange
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11/25/24, 12:52 PM Best Crypto Exchanges and Apps for November 2024

CRYPTOCURRENCY BUYING & SELLING

Best Crypto Exchanges and Apps for

Fact checked by WILL BAKER

After comprehensively reviewing 28 cryptocurrency exchanges in more than 20 weighted

Cryptocurrency exchanges operate similarly to other central exchanges, such as

Best for Beginners: Coinbase

Best Mobile App: Crypto.com

Best For Security: Gemini

Best for Bitcoin: Cash App

Important: Investing in cryptocurrencies, Decentralized Finance (DeFi),

BEST FOR LOW FEES AND BEST FOR EXPERIENCED TRADERS

Our Top Picks

Coinbase Transaction Fees: 0.00% to 0.40%

Crypto.Com Currencies: 200+

See More (4) Minimum Deposit Or Purchase: $1

Trade Limits: Yes

Why We Chose It LIVE

Pros & Cons

Highly liquid exchange

BEST FOR BEGINNERS

Our Top Picks Coinbase

See More (4)

Trade Limits: Yes

Pros & Cons

Offers both beginner-friendly and Coinbase's default wallet is a

Highly liquid exchange over your private keys

Our Top Picks

Transaction Fees: 0.00% to 0.075%

Minimum Deposit Or Purchase: $1

Trade Limits: Yes

We chose Crypto.com as the best mobile crypto exchange app because it

Pros & Cons

BEST CRYPTO EXCHANGES AND APPS FOR NOVEMBER 2024

BEST FOR SECURITY

Transaction Fees: 0.0% to 0.40% for

Minimum Deposit Or Purchase: Varies

Trade Limits: Yes

Pros & Cons

Highly liquid exchange Supports fewer cryptocurrencies

Strong security framework

BEST FOR ALTCOINS

Our Top Picks

Kraken Transaction Fees: 0.04% to 0.10%

Coinbase Currencies: 1500+

Minimum Deposit Or Purchase: $50 for

BEST CRYPTO EXCHANGES AND APPS FOR NOVEMBER 2024

Why We Chose It LIVE

Pros & Cons

Provides crypto earning Poor feedback from customers

Offers a simple buy/sell

Our Top Picks

Kraken Cash App

See More (4)

BEST CRYPTO EXCHANGES AND APPS FOR NOVEMBER 2024

Transaction Fees: 0.00% to 3%

Minimum Deposit Or Purchase: $1

Trade Limits: Yes

Pros & Cons