Cryptocurrency Exchanges

Cryptocurrency Exchanges

Cryptocurrency exchanges have become an important onramp and offramp to the cryptocurrency world. From the infamous and now shuttered Mt. Gox to current industry leaders in volume such as Poloniex and Bittrex, cryptocurrency exchanges and altcoin exchanges are seeing increased use around the world. Every day, billions of dollars are traded back and forth over the top cryptocurrencies on these cryptocurrency exchanges. Traders, buyers, and sellers must trust these exchanges with their money, but are the exchanges really trustworthy? Unfortunately, not all cryptocurrency services are as secure or safe as you might think. In fact, some crypto exchanges have been known to be scams or vulnerable to hacking. This could lead to the loss of any cryptocurrency stored on there.

We take a look at the fees, history, and usability of the top cryptocurrency exchanges available in 2018. Whether you’re seeking to buy Bitcoin or other cryptocurrencies as an investment, to utilize margin trading, or anything else – Use this list of cryptocurrency exchanges to help choose an exchange for you.

1. Poloniex

Name: Poloniex
Review
URL: https://www.poloniex.com
Total trading pairs: 101
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.10% – 0.25%
Margin trading: yes
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Requirements	Limits
Level 1	Email, First & Last Name, Country	$2,000, USD Margin Trading Enabled
Level 2	Complete Address, Phone Number, Date of Birth	7,000 USD
Level 3	SSN, Scan of Photo ID, Selfie holding your ID	$25,000 USD
Enhanced Verification	Contact Support	Greater than $25,000 USD

2. Bittrex

Name: Bittrex
Review
URL: https://www.bittrex.com/
Total trading pairs: 271
Founded: 2014
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Basic	0.4 BTC
Enhanced	100 BTC

3. GDAX

Name: GDAX
Review
URL: https://www.gdax.com/
Total trading pairs: 9
Founded: 2016
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: yes
USA accepted: yes
Review: BlockExplorer’s GDAX Review
Verification levels and withdrawal limits:

Verification Level	Limits
Verified	Algorithmic

4. KRAKEN

Name: Kraken
Review
URL: https://www.kraken.com/
Total trading pairs: 59
Founded: 2011
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.36%
Margin trading: yes
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Individual w/o proof of source	$25k USD daily
Individual w/ proof of source	$100k USD daily
Corporate w/o proof of source	$100k USD daily
Corporate w/ proof of source	$1m USD daily

5. BITFINEX

Name: Bitfinex
Review
URL: https://www.bitfinex.com
Total trading pairs: 56
Founded: 2012
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.04% – 0.20%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Individual	No limit
Corporate	No limit

6. BITSTAMP

Name: Bitstamp
Review
URL: https://www.bitstamp.net
Total trading pairs: 11
Founded: 2011
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.05% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Verified	No limit

7. WEX

Name: Wex (formerly BTC-e)
Review
URL: https://wex.nz
Total trading pairs: 26
Founded: 2017
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20%
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Regular	10k USD
VIP	100k USD

8. COINONE

Name: Coinone
Review
URL: https://coinone.co.kr
Total trading pairs: 7
Founded: 2015
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00% – 0.15%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Requirements	Limits
Level 1	Email, Country	1,000 KRW
Level 2	Mobile phone authentication	500,000 KRW
Level 3	OTP registration	1,000,000 KRW
Level 4	Operation team review	Greater than 100,000,000 KRW

9. QUOINE

Name: Quoine
Review
URL: https://www.quoine.com
Total trading pairs: 23
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Indvidual	Daily: 30-50k USD; Monthly: 300-500k USD
Corporate	Daily: 100-150k USD; Monthly: 1-1.5m USD

10. BITHUMB

Name: bithumb
Review
URL: https://www.bithumb.com
Total trading pairs: 23
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.15%
Margin trading: yes
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Basic	3 BTC
Enhanced	100 BTC

11. HitBTC

Name: HitBTC
Review
URL: https://www.hitbtc.com
Total trading pairs: 327
Founded: 2013
Deposit fees: yes
Withdrawal fees: yes
Trading fees: 0.10% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Verified	No limit

12. GEMINI

Name: Gemini
Review
URL: https://www.gemini.com
Total trading pairs: 3
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and deposit/withdrawal limits:

Verification Level	Limits
Individual	ACH Daily Deposit/Withdrawal: $500/$10,000; ACH Monthly Deposit/Withdrawal: $15,000/$100,000; Cryptocurrency: No Limit
Institutional	ACH Daily Deposit/Withdrawal: $10,000/$10,000; ACH Monthly Deposit/Withdrawal: $300,000/$100,000; Cryptocurrency: No Limit

13. KORBIT

Name: Korbit
Review
URL: https://www.korbit.co.kr
Total trading pairs: 5
Founded: 2013
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Requirements	Limits
Level 1	Phone number	KRW: 0; Cryptocurrency: 5,000,000 KRW
Level 2	SMS verification	KRW: 0; Cryptocurrency: 5,000,000 KRW
Level 3	Address and Bank account registration	KRW: 30,000,000 KRW; Cryptocurrency: 5,000,000 KRW
Level 4	Approval process	300,000,000 KRW
Level 5	Approval Process	500,000,000 KRW

14. BITFLYER

Name: bitFlyer
Review
URL: https://www.bitflyer.jp
Total trading pairs: 3
Founded: 2014
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.11% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Requirements	Limits
Level 1	Email, First & Last Name, Cellphone verification	2,000 USD
Level 2	Bank account and photo ID verification	50,000 USD

15. BINANCE

Name: Binance
Review
URL: https://www.binance.com
Total trading pairs: 3
Founded: 2017
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.1%
Margin trading: no
USA accepted: yes
Verification levels and deposit/withdrawal limits:

Verification Level	Limits
Verified	2 BTC
Institutional	50 BTC

16. VAULTORO

Name: Vaultoro
Review
URL: https://www.vaultoro.com
Total trading pairs: 1 (and it doesn’t involve USD)
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20% – 0.50%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Verified	No limit

17. LakeBTC

Name: LakeBTC
Review
URL: https://www.lakebtc.com
Total trading pairs: 8
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Normal	No limit

18. BITMARKET

Name: BitMarket
Review
URL: https://www.bitmarket.net
Total trading pairs: 5
Founded: 2014
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.45%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Unverified	Yearly: 15,000 PLR/EUR
Verified	No limit

19. CEX.IO

Name: CEX
Review
URL: https://www.cex.io
Total trading pairs: 15
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Basic	Daily: 500 USD; Monthly: 2,000 USD
Verified	Daily: 50,000 USD; Monthly: 300,000 USD
Verified Plus	Unlimited
Corporate	Unlimited

20. QUADRIGACX

Name: QuaudrigaCX
Review
URL: https://www.quadrigacx.com
Total trading pairs: 10
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.20% – 0.50%
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Unverified	Voucher only
Verified	Bank wire: 500,000 USD; Cryptocurrency: 250,000 USD

21. COINFLOOR

Name: Coinfloor
Review
URL: https://www.coinfloor.co.uk
Total trading pairs: 8
Founded: 2013
Deposit fee: yes (not on BTC)
Withdrawal fees: yes
Trading fees: Yes
Margin trading: no
USA accepted: no
Verification levels and withdrawal limits:

Verification Level	Limits
Verified	No limit

22. ITBIT

Name: itBit
URL: https://www.itbit.com
Total trading pairs: 3
Founded: 2012
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
2FA Verified	Daily: 30,000 USD; Monthly: 600,000 USD

23. LIQUI

Name: Liqui
URL: https://www.liqui.io
Total trading pairs: 196
Founded: 2016
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.10% – 0.25%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Basic	50,000 USDT
Enhanced	500,000 USDT

24. ACX

Name: ACX
URL: https://www.acx.io
Total trading pairs: 6
Founded: 2016
Deposit fees: no
Withdrawal fees: yes
Trading fees: 0.00%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits

25. GATECOIN

Name: Gatecoin
URL: https://www.gatecoin.com
Total trading pairs: 39
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.02% – 0.35%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level	Limits
Tier 1	50,000 USD
Tier 2	Greater than 500,000 USD

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