We independently evaluate all of our recommendations. Since it began trading in 2009, the price of Bitcoin has grown rapidly to an all-time high of $112,000 on May 22, 2025. If you are looking to buy and sell digital currencies such as Bitcoin, Ethereum, and other popular but smaller coins, the best crypto exchanges provide powerful trading tools, basic-to-advanced order types, a large selection of cryptocurrencies, and many more features and services. Our exhaustive research has revealed that Kraken is best for users seeking low fees. Investopedia’s in-house staff of researchers and editors evaluated 14 crypto exchanges based on 27 weighted criteria critical to cryptocurrency traders’ success. If you click on links we provide, we may receive compensation.

On May 11, 2025, Coinbase received an email communication from a threat actor notifying the company that internal data and customer information, including names, contact details, partial SSNs, and transaction history, had been accessed after allegedly bribing non-U.S. Crypto traders can buy, sell, use, and trade crypto from the palms of their hands. Coinbase says no passwords or funds were compromised and has not paid the ransom. It’s one of the best crypto exchanges for mobile-first traders and Bitcoin holders. The attacker demanded payment to keep the data private.

Sign up and trade $100 on Kraken and get $25 USDG. Investors who value low cost but need access to high-quality amenities. Kraken is not available in all 50 U.S. With a minimum deposit of just $10, Prospective clients can set up an account and start trading their favorite cryptocurrency. Resources won’t find a better exchange that consistently offers both. Does not offer FDIC or SIPC insurance or other criminal insurance. The Promotion is subject to Kraken’s Terms and Conditions. The Kraken crypto exchange is Investopedia’s choice for low fees.

Crypto.com’s Earn program and its Staking program.

Mobile users have access to more than 400 cryptocurrencies. However, depending on their 30-day trade volume, users can expect maker fees to be between 0% and 0.25% and taker fees to be between 0.05% and 0.5%. There are additional benefits for VIP users who hold crypto.com’s cryptocurrency Cronos (CRO). Depending on eligible cryptocurrency, users can earn rewards through Crypto.com’s Earn program and its Staking program. The platform offers a wide array of trading, from derivatives to regular long-term investments. The company has a reasonable fee structure, which also applies to its mobile platform.

However, Kraken comes with potential drawbacks. While Kraken operates in many countries, the exchange is not available in all 50 U.S. It’s also one of the few crypto exchanges to offer FDIC. Washington, New York, New York and Maine. Furthermore, in many other states, additional restrictions apply to activities such as staking, payment services, funding, and custody. It’s also important to note that Kraken does not offer any insurance for its users. Prospective clients interested in a specific service should check if it is legal in their respective state. Gemini is our top choice for security due to its sound security standards, commitment to compliance, and third-party audits that ensure its security infrastructure operates at a high level.