Top 10 Binance Alternatives and Best Crypto Exchanges

Binance Alternatives

Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands.

Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved its headquarters out of China shortly before the Chinese government imposed regulations on cryptocurrency trading.

Binance is a popular choice for cryptocurrency traders

Binance is a popular choice for cryptocurrency traders seeking a variety of features, including a mobile app, a web interface, and a large selection of supported cryptocurrencies. Binance is one of the few exchanges offering margin trading and lending services. It is also one of the main centralized exchanges of the Binance smart chain.

in fact, Binance is not the only option for Cryptocurrency Exchanges. Explore other competing options and alternatives. Other important factors to consider when researching alternatives to Binance include security and customer service.

We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Binance, including Coinbase Exchange, UPHOLD, Poloniex, and LocalBitcoins.

Here are some of the Best Crypto exchanges which is capable to replace Binance. Each of these exchanges has its own unique benefits and features, so be sure to compare them before making your choice.

Binance’s Alternatives and Competitors

Binance’s top competitors include eToro, Huobi Global, and Shares.

  • eToro
  • Huobi Global
  • Shares
  • Bit2Me
  • Voyager Digital
  • Crypsense Digital Group
  • CryptoMate
  • Injective
  • KuCoin
  • Coinbase
  • CoinZoom
  • Robinhood
  • bitFlyer
  • TakeProfit
  • FTX
  • Paxos
  • AgenteBTC
  • BitOasis
  • Greengage
  • Bitpanda
  • AirTM
  • Bitso
  • Kraken
  • Enjin
  • Avalanche
  • Toro Investimentos
  • Neighborly
  • Bitkub
  • Tiger Brokers
  • Exchangily
  • Bitstamp
  • Uquid
  • VaultLink
  • Neftme

Coinbase Exchange

Coinbase is a US-based exchange. It was founded in 2012, and it is considered one of the most popular exchanges in space today. As stated before, users are required to submit KYC for security purposes afterward they can purchase various cryptocurrencies through credit card or bank transfer.

Coinbase offers 2 platforms for the retail investor: Coinbase and Coinbase Pro. Coinbase is targeted toward the beginner and has one of the best user experiences of any crypto app on the market.

Coinbase Pro is slightly more limited when it comes to UX but features more trading pairs and significantly lower fees than its Coinbase counterpart. The best part is, Coinbase Pro is completely free and uses the same login.

Coinbase also offers free off-chain asset transfers from the Pro app to the normal app, so if you want to take advantage of the low fees on Pro and the UX of the regular app, you can do that for free.

Coinbase operates almost everywhere in the world, with over 100 countries. Including 21 countries and territories in Asia. Particularly, Hong Kong, Japan, Indonesia, the Philippines, Singapore, Taiwan, and others.

Fees are transparent depending on your payment channel. Fees for bank transfers range from 1.49% to 3.99%, while credit card payments have a fee of 3.99%. Other exchanges can have lower fees in certain cases, but Coinbase is one of the most well-known exchanges so it’s worth mentioning here.


Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California, that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrencies via a mobile app introduced in March 2015.
With an app offering free trades on stocks, options and even cryptocurrency, Robinhood has grown briskly over the past few years. It’s not just those features that appeal to newer and less well-heeled investors, and Robinhood offers an easy-to-use mobile interface, fractional shares (for purchases and dividend reinvestment), and low-cost margin loans as part of its Robinhood Gold program. Potential customers should balance those pros against limited free research, limited account types and a total lack of mutual funds. The value proposition is much less clear when other online brokers have moved to a no-commission model and yet offer better features.

Robinhood’s platform is receiving focus in other areas as well. Cash management enhancements such as providing a higher interest rate on uninvested cash as well as a cash card product aim to round out the platform and draw in more clients. Still, questions linger about Robinhood’s reliability and motivations due to significant platform outages, fallout from restrictions placed on certain meme stocks like GameStop in January 2021, and misleading customers about sources of revenue related to order routing.


  • Very simple, intuitive trading experience
  • No trading fees or commissions
  • Fractional share trading and direct cryptocurrency access
  • Solid cash management features and recurring investment functionality


  • Limited investment offerings and account types
  • Limited research and educational content
  • Lack of transparency


Gemini remains one of the best cryptocurrency exchanges for US customers. Not only is it available to US customers, but it is even available to New York residents, unlike Binance.US.

The Gemini interface is incredibly easy to use, even if you are a beginner to cryptocurrencies. With the Gemini Credit Card, you can earn up to three percent cash back on your everyday purchases.
Gemini is a fiduciary and subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYSDFS and the New York Banking Law.
Gemini also offers excellent APY earnings for holding cryptocurrencies. With Gemini Earn, you can earn up to 7.4% APY on select coins, such as DAI, Dogecoin, and the Gemini Dollar (a stable coin tied to the price of the USD).

Gemini even has a handy calculator to help you figure out how much you will earn in APY over the next few years based on the coin you are holding and how much of it you have. cryptocurrency exchange has been around since 2016. The exchange, headquartered in Singapore, has continued to grow, and boasts over 4,000+ employees. It is an excellent platform that is good for both beginning and advanced traders. has an NFT marketplace where users can buy and sell NFTs. The platform has several trading options, including spot, margin, and derivatives.

  • The platform is supported on desktops, Android, and iOS mobile phones.
  • Traders are insured directly and indirectly against third-party theft, damage, and destruction of the assets stored on the exchange.
  • KYC verification is required to use the platform.
  • The exchange has its own Visa card that has up to 5% cashback on crypto purchases. supports various payment methods, including bank transfers, PayPal, credit cards, SWIFT, Fedwire, and cryptocurrency. Depositing into this exchange is free, and there are no limits for depositing crypto. However, for bank transfers (ACH), there is a 500 USDC limit. supports several fiats, including USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, and JPY. The exchange requires you to fulfill KYC requirements before trading or depositing at any level.

Coins & Token:

The platform has over 250 cryptocurrencies available for users to trade. Moreover, it supports popular coins like BTC, ETH, SOL, UNI, LINK, and MATIC.


We recommend eToro as the best Binance alternative to use in 2022. This crypto auto trading platform is available in 140 + countries and used by more than 27 million viewers. eToro is registered by some top-tier regulatory bodies, including the FCA, ASIC, FINRA and CySEC.

Users need to make a $10 deposit (U.S and UK) to get started. Among the available payment options are credit/debit cards, bank transfers and multiple e-wallets. For example, users can buy BTC with PayPal on eToro. Compared to Binance, which charges high credit card fees, eToro investors do not pay any additional fees on credit cards.

Along with 70 + tradable assets, eToro investors can gain access to multiple tools and portfolios. For example, eToro offers crypto portfolios – a bundle of multiple cryptocurrencies that cater to a specific market. Users can also invest in metaverse-cryptos and buy Decentraland, Axie Infinity and other digital assets.

A social trading platform, eToro offers extensive news and research options to view historic data and important market updates. Additionally, eToro users can share their thoughts and opinions on various tokens and communicate with each other on the intuitive platform.

Regarding fees, eToro charges a 1% trading fee per transaction and a bid/ask spread price. Another feature that users can take advantage of is the eToro money crypto wallet.

This is a secure digital crypto wallet where users can store multiple assets. The app provides an unsolvable private key, letting users recover their wallets and have complete access to their cryptos.


Uphold is ideal if you want one place where you can buy and trade a variety of assets. It offers quite a few cryptocurrencies, along with precious metals, national currencies, and U.S. equities. Security is a concern, though, as there’s a class-action lawsuit alleging the platform didn’t adequately protect its customers. Read our in-depth Uphold review to see what it offers and decide if it’s right for you.

You won’t be short on digital currency options if you use Uphold. It lists over 230 cryptocurrencies, including most of the biggest ones on the market, as well as smaller altcoins and stablecoins that follow the U.S. dollar.
One of the best parts about Uphold is that it offers several types of assets and lets you trade between them. With an Uphold account, you can buy and trade:

  • Cryptocurrencies
  • Precious metals, such as gold and silver
  • Stocks
  • Fiat currencies, such as the U.S. dollar and the euro

This allows you to keep an entire investment portfolio in one place. It’s also quicker and more convenient to trade one type of asset for another. For example, you could use Uphold to trade your Bitcoin (BTC) for Apple stock, or vice versa, without needing to convert either one to cash first.


Poloniex combines a massive number of cryptocurrencies with some of the lowest trading fees of any exchange. It also offers crypto trading for those who want to hedge or add leverage to their investments. Unfortunately, U.S. citizens and residents can’t use this exchange, but it’s a viable option for citizens of other countries. Read this Poloniex review to learn more.

Large cryptocurrency selection

With over 200 cryptocurrencies available, Poloniex has one of the deepest rosters among the major exchanges. You’ll be able to find just about all types of cryptocurrencies on this exchange, from market leaders like Bitcoin (BTC) and Ethereum (ETH) to smaller altcoins that haven’t gotten so popular yet.
Low trading fees

Trading fees on Poloniex are some of the best in the business, which is an important consideration when you invest in cryptocurrency. The highest amount you’ll pay for an order is 0.1550%.

You can get a 30% discount on trading fees if you pay them in TRON (TRX), as the team behind that cryptocurrency is partnered with Poloniex. It’s also possible to get lower trading fees if you have at least $49 worth of TRON in your account or more than $50,000 in trading volume per 30-day period.

Unilaterally, Poloniex cryptocurrency exchange platform is lawfully and officially open as well as trade wise accessible to almost all countries around the globe except few. Which implies that Poloniex is forbidden for the residents and citizens of the few countries in lieu of trading and exchange such as Cuba, Iran, North Korea, Sudan, Syria, The United States. As of now the trading volume of Poloniex Exchange platform is approximately 4872 Bitcoins (BTC) per day trading volume.

Establishment and History of Poloniex: Poloniex trading exchange was originally headquartered in Delaware i.e. a United States based cryptocurrency trading exchanges and it was established in January 2014 by Tristan D’Agosta. This Poloniex trading exchange was and also is one of the biggest U.S. based cryptocurrency exchanges in the world. Soon after it was launched, the platform faced a cyberattack in 2014 itself which made it lose almost 12% of its Bitcoin pool i.e. approximately USD 50,000 worth.


LocalBitcoins is a peer-to-peer bitcoin exchange platform based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins. Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins.
but unfortunately, it’s no longer a suitable option for most investors. It provides a simple platform where people can post classified ads offering to buy or sell Bitcoin (BTC). While it’s a great concept, it can be frustrating to use, and it’s unavailable in most of the United States. Read our in-depth LocalBitcoins review to find out more about it.

This cryptocurrency exchange is a good fit for: Crypto enthusiasts who want to buy or sell Bitcoin directly with other people. For the typical investor, there are better options available.

No buying or selling fees

There are no fees for buying or selling Bitcoin on LocalBitcoins, making it an affordable way to invest in crypto. If you post an ad, LocalBitcoins charges a 1% escrow fee on every completed trade. You can avoid that fee by responding to ads instead of posting your own. It’s an active exchange, so there are usually plenty of offers available.


KuCoin is a cryptocurrency exchange that operates in over 200 countries. While experienced traders might appreciate some of this exchange’s features, KuCoin isn’t licensed in the U.S. and has received poor reviews from users.

KuCoin’s rich feature set and low fees could make it a compelling choice for advanced crypto investors, particularly outside the U.S. Unfortunately, KuCoin is not licensed to operate in the U.S., although the site can still be accessed for various functionalities, such as buying and selling crypto. In the U.S., the platform is best-suited to traders who already own crypto and are looking to trade less common cryptos.

Pros Explained

Ability to earn interest on crypto: KuCoin users can earn interest on their crypto by staking certain assets or lending them to others and charging interest. Earning rewards on your crypto can help you build a larger portfolio.
Wide selection of cryptocurrencies: Unlike some exchanges that offer a few dozen cryptocurrencies available for trade, KuCoin offers over 600.
Low fees: Compared with other major exchanges, KuCoin offers relatively low trading fees. Users can expect to pay between 0.0125% and 0.10% per trade.

Cons Explained

Not licensed in the U.S.: KuCoin is not licensed in the United States, so U.S.-based users should consider other exchanges.
While negative reviews are common with crypto exchanges, KuCoin’s user reviews are especially poor. Reviewers report problems with withdrawals, customer service, and issues with market manipulation. is one of Top global cryptocurrency exchange with over 1400 digital currencies. supports just about the biggest selection of crypto assets of any cryptocurrency exchange, currently more than 1,400 coins.
Established in 2013, is one of the pioneering cryptocurrency exchanges in the world and offers services related to the trading of multiple leading digital assets. With over 10 million registered users, it is considered as one of the safest and most reliable global cryptocurrency platforms and is consistently ranked among the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. has been verified by Blockchain Transparency Institute’s (BTI) market surveillance report and was also rated 4.8 by Forbes Advisor, making it one of the Best Crypto Exchanges in UK for 2022 September. offers one of the biggest selections of crypto assets as well as other services beyond its centralized cryptocurrency exchange, such as decentralized finance, research and analytics, venture capital investing, wallet services, labs and more.

Unfortunately, due to recent changes in the regulatory environment in the U.S., is no longer providing any services at all to users in the U.S. and Canada.
Inexperienced investors and those just starting out will most likely be overwhelmed by, and they’ll probably be frustrated by the inability to deposit fiat currency to buy crypto directly on the platform. But you can buy crypto using a credit card with zero card fees on some crypto transactions.


NiceHash is a global cryptocurrency hash power broker and cryptocurrency exchange with an open marketplace that connects sellers of hashing power with buyers of hashing power using the sharing economy approach. The company provides software for cryptocurrency mining.
NiceHash is a company that offers its trading, mining, and cryptocurrency exchange services in the crypto space. It is a market leader in hash power brokerage. The Hash rate provided by NiceHash exchange is at a competitive scale compared to other mining software and mining services. This platform is designed for miners, helping them resolve and gain cryptocurrencies effortlessly through mining. NiceHash is also an effective platform to buy and sell cryptocurrencies. The platform enables its traders to purchase Bitcoin, Ethereum, and other major stable coins.

One of the primary characteristics of this platform is to enable practical crypto mining. The NiceHash mining software helps in generating the desired hash rate to procure altcoins and stable coins. This software uses complex and advanced NiceHash algorithms. The algorithmic capabilities of this platform help the users in obtaining crypto coins quickly through GPU-based mining. With the help of computing power and graphical processing power of the user device, it helps in mining BTC instantly and seamlessly.


HitBTC is an exchange for the experienced cryptocurrency trader interested in trading altcoins.
HitBTC cryptocurrency exchange was established in 2013, permitting users to trade crypto along with numerous cryptocurrency pairs. HitBTC offers multi-currency support and has several million active users trading on its platform. HitBTC digital currency exchange interface is available in English, Korean, Chinese, Portuguese, and Spanish. This exchange was launched to support users who would like to trade cryptocurrencies. HitBTC has also launched a demo trading and an application that can be used for voting altcoins. Based on this, the users can select their preferred cryptocurrencies to trade on the platform.

The exchange offers high liquidity and does not force KYC measures on its users (though it is recommended to verify your account to avoid potential issues. Its wide selection of altcoins makes it a great place for hunting low cap gems, but its unregulated nature raises some questions surrounding its ownership and whereabouts, which aren’t currently clear. There are also reports from forums regarding reliability, with some users having difficulties withdrawing their funds.
However, in our experience, we had no such issues, as the exchange and its team functions well, especially if you follow all security recommendations and best practices. However, question marks are surrounding its ownership and whereabouts, which aren’t currently clear. There are also reports from forums regarding reliability, with some users having difficulties withdrawing their funds.


CEX.IO is one of the oldest Bitcoin exchanges around. The company supplies both a trading platform and brokerage services for Bitcoin, Ethereum and a range of other cryptocurrencies. In this post, I’ll review the company, its services and compare it to other exchanges around.
Over time, CEX.IO has matured into a group of companies with licences in multiple jurisdictions. CEX.IO LTD has been registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. CEX IO EU Limited provides card processing services to customers from the European Economic Area (EEA).

Is CEX.IO Safe?

CEX.IO ensures its users are safe when they trade on their platform by implementing an anti-fraud system. The platform is compliant with the Payment Card Industry Data Security Standard (PCI DDS) and General Data Protection Regulation (GDP).

Your funds are protected with full data encryption and hot and cold storage systems. CEX.IO also offers two-factor authentication, protecting against unauthorized access and ensuring only authorized individuals can log in to accounts.


As an exchange that was launched way before Binance, Kraken is one of the most reputed exchanges in the space currently. Headquartered in San Francisco, the exchange employs around 5000 people and has offices all over the world. Kraken was founded by its current CEO Jesse Powell and is owned by Payward Inc. It is one of the biggest players in the exchange category and is currently the third-largest option by volume traded.

Created in 2011, Kraken was officially launched in 2013, with strong security and multiple features that are being enjoyed by users even today. It has two products. One is the basic Kraken exchange, which is more suitable for beginners in the industry while the other is Kraken Pro, which is created for experienced traders and investors. Kraken Pro is a preferred choice too since it charges less fee and has advanced trading options.

It is regulated by the FinCEN in US and FinTRAC in Canada. For other locations across the globe too, it is constantly audited by recognized financial institutions. The platform hosts over 120 cryptocurrencies and is a great alternative to the Binance exchange.


Bittrex is a US based cryptocurrency exchange that has grown in popularity in recent years. In the following post, I will review the exchange, its services and also the main issues you should be aware of.

Bittrex is another veteran exchange oriented-towards more experienced traders. Based in Seattle, U.S., and Lichtenstein (Bittrex Global), it enables direct purchases of cryptocurrencies using US dollars as well as trades between more than 220 cryptocurrencies via their powerful trading engine with a sleek interface.
Bittrex also has a set of its own APIs, which can be used for automated trading with bots. Having been launched by former employees of Microsoft and Amazon, another one of its biggest draws is its robust security (it has never been hacked). Other perks of using Bittrex exchange include high liquidity, worldwide availability (including traders from the United States), useful mobile apps, and low trading fees.

Bittrex is a veteran US exchange that has put an emphasis on the security of its users. The exchange’s trading platform is highly praised for its speed and stability, and indeed the exchange has never been hacked in all of its existence.

On the downside, Bittrex seems to be suspending user accounts without prior notice and offer minimal customer support. While the trading platform is solid, I would use it with caution.

What are Cryptocurrency Exchanges?

In order to start buying and selling cryptocurrencies and other digital assets, the most common way is to transact with Crypto Exchanges. Cryptocurrency exchanges are privately-owned platforms that facilitate the trading of cryptocurrencies for other crypto assets, including digital and fiat currencies and NFTs.

Top Decentralized Exchanges

Below are the highest-ranked decentralized cryptocurrency exchanges, according to traffic, liquidity, and trading volumes:

  • Uniswap (v3)
  • dYdX
  • Curve Finance
  • Kine Protocol
  • PancakeSwap (v2)
  • DODO (Ethereum)
  • ApolloX DEX
  • Uniswap (V2)
  • Perpetual Protocol

What Makes Binance Unique?

Binance is popular for its immense variety of trading pairs, including altcoins that most other exchanges deem far too speculative for their investors.

Binance also differentiates itself from competitors with its own smart contract blockchain, the Binance Smart Chain (BSC).

While the Ethereum network currently has over 5,000 active nodes securing the network, the Binance Smart Chain is secured by only 21 validators. While this is great for scaling, it is incredibly bad for security.

Despite its flaws, the BSC consumed much of the DeFi ecosystem from Etheruem in early 2021, as more and more users became priced out by Ethereum’s gas fees.

Pro Tip: As Ethereum scales via Layer 2 solutions and sidechains, you can expect to see much of the value return to the Ethereum ecosystem.

Which are the best Binance alternatives for the U.S.A. Citizens?

If you are from the USA, you can use the following exchanges which are similar to Binance:

  • Kraken

What can you use instead of Binance?

If your account is banned on Binance, worry not as there are a few sites similar to Binance that you can use:

  • Bybit
  • KuCoin

All crypto geeks agree to the fact that owning cryptocurrencies is all about being your bank.

The crypto world allows us to enjoy the perks and privileges of a decentralized and distributed world where you control your money without any censorship.