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The 7 best crypto exchanges in 2026: Our top picks after hands-on testing
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Choosing a crypto exchange isn't just a matter of picking the most recognizable name. The platform you use affects how much you pay on every trade, which coins you can actually buy, and how well your funds are protected. We put the most widely used U.S. exchanges through hands-on testing by verifying fees in live accounts, comparing coin selections, evaluating security practices, and checking how each platform actually performs for real users. Here’s how they stack up. Best overall: Kraken Best for reliability: Coinbase Best for active traders: OKX Best for rewards and ecosystem: Crypto.com Best for beginners: eToro Best for currency and commodity traders: Uphold Best for security-conscious investors: Gemini Kraken scores well across every category we measured, with a perfect user experience score, though beginners pay more in simple mode than on several competitors. Our rating: 4.9 out of 5 Founded: 2011 Beginner trading fees: 1% trading fee plus 1% spread Base advanced trading fees: 0.25% maker and 0.4% taker fees Deposit fees: Free bank transfers and $0.25 plus 3.75% debit card deposit fee Available coins: 200+ Kraken has been operating since 2011, making it one of the oldest exchanges in the U.S. In an industry where major platforms have collapsed or been hacked, that track record matters. The platform has never suffered a breach that put customer funds at risk, a distinction that very few exchanges can claim after more than a decade of operation. What earns Kraken the overall top spot is how well it holds up across every category we measured, not just fees. The fees are competitive, the coin selection is broad, and the educational resources are genuinely useful for users at any level. Kraken also publishes a quarterly proof of reserves, which is a way to independently verify that the exchange actually holds the funds it claims to hold. It has been doing this since 2014, longer than any other exchange on our list. Kraken works best for active and experienced traders, though the platform holds up well for any user who wants room to grow. The Pro interface includes a full order book, advanced charting, and multiple order types. Kraken Pro charges a 0.25% maker fee on entry-level trades, which is competitive across the board, though OKX beats it with 0.08% maker fee. Staking, which lets you earn passive rewards on coins you already hold, returned to Kraken in early 2025 after a regulatory pause. You can now put your ethereum, solana, cardano, polkadot, and about 20 more coins to work even when you’re not actively trading. Kraken's main disadvantage is its trading fees for beginners. The Instant Buy feature on the standard app charges a 1% flat fee on top of a 1% spread, bringing your true cost to about 2% per trade. That isn’t the worst rate on our list, but it’s considerably higher than OKX and eToro, which both charge a flat 1%, or Robinhood, which comes in at 0.85%. Kraken is up front about the fact that it carries no insurance on crypto holdings and no Federal Deposit Insurance Corporation (FDIC) coverage on cash balances, the government-backed protection that insures your dollars up to $250,000 if a bank fails. Coinbase, Crypto.com, and Gemini all carry insurance that covers a portion of crypto assets as well as FDIC coverage for cash balances. If you live in Maine or New York, Kraken isn’t available to you at all. Before going through the signup process, it’s worth confirming your state is supported. Coinbase ties with Kraken's overall score with stronger security and support marks, but higher advanced trading fees hold it back from the top spot. Our rating: 4.9 out of 5 Founded: 2012 Beginner trading fees: 0.84% trading fee plus 1% spread Base advanced trading fees: 0.6% maker and 1.2% taker fees Deposit fees: Free bank transfers and 4.2% debit card deposit fee Available coins: 300+ With more than 100 million users worldwide, Coinbase is where many people buy their first cryptocurrency. Founded in 2012, it’s one of the most established exchanges in the U.S. and has traded publicly on the Nasdaq under the ticker COIN since 2021. That means it publishes audited financial statements every year, which adds a layer of accountability most crypto exchanges simply don’t have. Coinbase’s security setup gives first-time buyers good reason to feel comfortable. Coinbase keeps 98% of user assets in cold storage, meaning the vast majority of funds sit offline and out of reach of hackers. It also carries crime insurance for a portion of crypto held on the platform and FDIC coverage for cash balances, protecting your dollars up to $250,000 in the event of a bank failure. The exchange’s interface is built with new users in mind. The Buy and Sell tab is the first thing you see when you log in, and fees are displayed before you confirm any trade. Account setup typically takes just a few minutes. Coinbase Learn adds structured educational content organized by experience level, covering crypto basics through more advanced topics in both article and video format. Coinbase is available in all 50 states, supports over 300 coins, and lets you grow into its more advanced tools without switching platforms. When you’re ready for more control, Coinbase Advanced Trade is accessible from the same login. The fees in simple mode are higher than what the fee schedule suggests. Coinbase charges a 1% spread and adds a separate platform fee on top that isn’t clearly labeled in advance. After testing multiple trades at different sizes, the all-in cost came to about 1.84% per trade. That makes it one of the more expensive simple-mode options on our list compared to eToro and OKX, which both charge a flat 1%. Coinbase Advanced uses a maker-taker fee structure, where makers set a price and wait for a match, while takers immediately fill an order at the current market price. Takers typically pay more since they demand instant execution. Fees for these advanced trades start at 0.6% for makers and 1.2% for takers, more than double what Kraken charges and more than seven times what OKX charges. A $10,000 maker trade costs $60 at Coinbase Advanced, $25 at Kraken Pro, or $8 at OKX. If you plan to trade frequently, those differences add up fast. Coinbase also doesn’t publish a proof-of-reserves report. Instead, it relies on its audited public company financials for transparency. That’s meaningful, but it isn’t the same as the cryptographic verification provided by Kraken, OKX, and Crypto.com. OKX offers the lowest advanced trading fees and the second-lowest beginner trading fees among the exchanges we tested, though it lags in security and user experience. Our rating: 4.7 out of 5 Founded: 2017 Beginner trading fees: 1% spread Base advanced trading fees: 0.08% maker and 0.1% taker fees Deposit fees: Free bank transfers and 2.49% debit card deposit fee Available coins: 350+ OKX offers the lowest advanced trading fees among exchanges on our list. At 0.08% maker and 0.1% taker, the numbers speak for themselves: a $10,000 maker trade costs $8 here. That same trade costs $25 on Kraken Pro and $60 on Coinbase Advanced Trade. For anyone trading frequently, those savings compound quickly. What also sets OKX apart is fee transparency. OKX publicly discloses the 1% spread on basic buy and sell orders on its website, and charges no additional trading fees on top of that. That sounds like a low bar, but several competitors, including Crypto.com and Gemini, layer a separate trading fee on top of the spread, something that only becomes clear after testing live trades. OKX also publishes monthly proof of reserves using zero-knowledge verification, allowing users to independently confirm that their funds are backed without exposing anyone's account details. The exchange holds 95% of assets in cold storage. With more than 350 coins available, OKX offers one of the broadest selections on our list. Staking is available on more than 150 coins with rates listed up front, and the platform supports recurring buys and a full suite of advanced order types. On top of that, its debit card deposit fee of 2.49% is the lowest among advanced crypto exchanges. In February 2025, OKX agreed to pay a $505 million settlement after admitting past failures to follow U.S. anti-money laundering rules. The exchange relaunched its U.S. operations two months later under a stricter compliance framework and is currently under external monitoring until 2027. The company has taken concrete steps to address it, but it’s a part of the platform's history worth knowing. OKX is feature-rich, which works in favor of experienced traders but can feel overwhelming for new crypto users. Kraken and Coinbase offer more comfortable starting points. Lastly, OKX isn’t yet available in New York or Texas, and some features are still rolling out across other states, so make sure to check availability in your state before signing up. Crypto.com is a feature-rich platform with low advanced trading fees and a broad selection of cryptocurrencies, though the best perks require holding its own token. Our rating: 4.7 out of 5 Founded: 2016 Beginner trading fees: 0.8% trading fee plus 1% spread Base advanced trading fees: 0.25% maker and 0.5% taker fees Deposit fees: Free bank transfers and 1.49% debit card deposit fee Available coins: 400+ While most exchanges let you buy, hold, and trade crypto, Crypto.com has built something closer to a comprehensive financial platform. Its Visa credit card is a good example. Several exchanges now offer some version of a rewards card, but Crypto.com's earns up to 6% back in crypto on everyday purchases. The more cronos tokens you hold, the better your card tier and the higher your rewards. Crypto.com also recently launched individual retirement accounts (IRAs), which no other exchange on our list offers. These accounts let you invest for retirement with tax benefits that either apply when you contribute or when you withdraw, depending on the type you choose. Crypto.com's IRAs let you hold both crypto and stocks in the same account, with Traditional and Roth options and up to a 5% contribution match. Through a partnership with Green Dot Bank, Crypto.com also offers a cash account that earns interest on your dollar balance. Your cash balances also receive FDIC coverage up to $5 million, significantly higher than the standard $250,000 coverage at most banks. With more than 400 coins and a 0.25% advanced maker fee, Crypto.com holds up well as a trading platform too. The 1.49% debit card deposit fee is among the lower rates on our list, behind only eToro and Robinhood, which charge no fee for debit card deposits. The all-in cost in simple mode is about 1.8% per trade, made up of a 1% spread plus a 0.8% trading fee. The spread isn’t clearly broken out in the interface, so the true cost isn’t immediately obvious. OKX, eToro, and Robinhood are meaningfully cheaper for casual buyers. Most of the premium features, including better card rewards, lower trading fees, and higher interest rates, require holding cronos, Crypto.com's own token. That creates a dependency on an asset that can lose value on its own. If cronos drops, your losses may exceed the value of these perks. And while you can stake more than 25 coins, the feature isn’t available in New York, California, Maryland, New Jersey, or Wisconsin. eToro matches OKX for low beginner fees and stands out with a feature that lets you automatically mirror other investors' trades, but there’s no standalone recurring order option. Our rating: 4.4 out of 5 Founded: 2007 Beginner trading fees: 1% flat fee Base advanced trading fees: 1% flat fee Deposit fees: Free bank transfers and debit card deposits Available coins: 110+ eToro charges a flat 1% fee on every crypto trade with no added spread, and since July 2025, that fee appears as a separate line item on every trade ticket before you confirm. While that 1% isn’t competitive for active traders, it’s among the lowest simple-mode rates casual buyers can find, matching OKX and undercutting Kraken, Coinbase, and Crypto.com by a meaningful margin. eToro further lowers the barrier for beginners with CopyTrader, a feature no other exchange on our list offers. If you’re new to crypto and not sure what to buy, CopyTrader lets you browse other investors' portfolios, see their trade history and returns, and automatically mirror their trades. When they buy, you buy. When they sell, you sell. You can stop at any time and set a limit on how much you’re willing to lose, letting you invest in crypto without having to build a strategy from scratch. Free debit card deposits are another genuine advantage. Most exchanges treat debit card funding as a premium payment method and charge accordingly. eToro, Robinhood, and Webull are the only platforms on our list that waive that fee. eToro also lets you hold stocks, exchange-traded funds (ETFs), and options in the same account as your crypto, making it one of the few platforms where a first-time investor can manage a complete beginner portfolio from a single login. The 1% flat fee doesn’t scale down with volume. Unlike Kraken and OKX, eToro offers no lower fee tier for active traders. A $10,000 trade costs $100 here, compared to $25 on Kraken Pro or $8 on OKX. For casual buyers, that’s straightforward and fair. For anyone trading frequently, it gets expensive fast. Additionally, eToro has no recurring buy feature. If your plan is to automatically put a fixed amount into crypto every week or month, you won’t be able to do that here. Kraken, Coinbase, OKX, and Crypto.com all support scheduled recurring buys. eToro doesn’t publish proof-of-reserves reports or independent financial audits for its U.S. operations. Without these reports or audits, there’s no independent way to confirm that customer funds are fully backed. Uphold combines crypto, foreign currencies, and precious metals in one account, but its trading and debit card deposit fees are among the highest on our list. Our rating: 4.1 out of 5 Founded: 2015 Beginner trading fees: 1.8% to 3.8% trading fee Base advanced trading fees: 1.8% to 3.8% trading fee Deposit fees: Free bank transfers and 3.99% debit card deposit fee Available coins: 250+ Uphold has been operating since 2015 with a clean track record. It’s the only exchange on our list that lets you hold and trade cryptocurrency, traditional fiat currencies like euros and British pounds, and precious metals like gold and silver from the same account. If you want to hold bitcoin alongside a position in gold, or move between currencies without juggling separate platforms, Uphold is one of the most direct ways to do it. The transparency around how crypto funds are stored is better than Uphold's name recognition might suggest. The platform keeps the majority of assets in cold storage and publishes reserve data through a system called Reserveledger, which works similarly to the proof-of-reserves methods used by Kraken and OKX. Users can independently verify that their holdings are backed, which is better than what several better-known exchanges offer. The educational library includes structured courses and videos, giving newer users a more guided way to get up to speed than the basic article collections most exchanges offer. Beyond learning, the platform also supports staking on more than 20 assets with rates publicly listed, so you can put idle coins to work without needing to look elsewhere. The fee structure is the most significant drawback on our list. Uphold charges a trading fee of 1.8% to 3.8% on crypto trades. Bitcoin and ethereum sit at the lower end, while most altcoins land closer to 3.8%. At 1.8%, a $10,000 trade costs $180 to buy and another $180 to sell. At 3.8%, that round trip costs $760. Compare that to OKX, where the same $10,000 trade costs $100 per order in simple mode or $8 in advanced mode. On top of that, the 3.99% debit card deposit fee is among the higher rates on our list. Uphold doesn’t have an advanced trading interface, making it better suited for holding and converting assets rather than active trading. If you want lower advanced trading fees, price charts, or an order book, consider Kraken, Coinbase, or OKX. If you can live with the fees and the lack of advanced tools, make sure Uphold is available in your state. The platform doesn’t operate in California, Hawaii, Louisiana, Massachusetts, Montana, Nebraska, New York, or Wisconsin. Gemini has a clean security record and a solid rewards credit card, but fees in simple mode are among the highest we tested, and the coin selection is the smallest in our top seven. Our rating: 4 out of 5 Founded: 2014 Beginner trading fees: 1.47% trading fee plus 1% spread Base advanced trading fees: 0.6% maker and 1.2% taker fees Deposit fees: Free bank transfers and 3.49% debit card deposit fee Available coins: 90+ Cameron and Tyler Winklevoss founded Gemini in 2014 with a clear focus on security and compliance, and that priority shows in its record. The platform hasn’t reported a breach resulting in customer fund losses in over a decade of operation, a record that a few exchanges can match. Gemini covers cash balances with FDIC insurance up to $250,000 and protects crypto held in its hot wallet with commercial insurance through third-party providers. Gemini also listed on the Nasdaq in September 2025, adding the same kind of financial accountability that Coinbase carries as a public company. Gemini's credit card earns 4% back on gas and transit, 3% on dining, 2% on groceries, and 1% on everything else, paying out rewards in crypto with no annual fee. While Crypto.com's card offers higher headline cash-back rates of up to 6%, those top rates require locking up a significant amount of its native cronos tokens to qualify. Gemini's card delivers solid rewards without any staking requirement, making it a more straightforward option. Cryptopedia, Gemini's educational library, covers more than 300 articles organized by experience level and topic, from basic blockchain explainers to more detailed content on specific coins and market dynamics. It ranks among the better-built learning resources of any exchange we reviewed. Gemini's simple-mode fees are among the highest of any exchange we tested. The all-in cost comes to about 2.47% per trade, made up of a 1% spread and a 1.47% platform fee. Gemini doesn’t disclose this clearly before you sign up, so the full cost only becomes apparent after logging in and testing live trades. Its advanced mode, called ActiveTrader, uses a maker-taker fee structure that starts at 0.6% for makers and 1.2% for takers, more than double what Kraken charges. A $10,000 maker trade costs $60 at Gemini ActiveTrader versus $25 at Kraken Pro or $8 at OKX. With about 90 coins available, Gemini carries the smallest selection in our top seven. That reflects a deliberate focus on established, liquid assets rather than chasing new listings, which suits security-first investors but can leave gaps if you want anything beyond the major coins. It’s also worth noting that, between 2022 and 2024, customers could not access funds locked in Gemini's Earn program after its lending partner, Genesis, collapsed. Gemini returned 100% of what it owed by June 2024, but the episode is part of the platform's history. Several popular crypto platforms scored below our top seven. Here’s what held each one back. Robinhood's beginner trading fees are among the best on our list. The platform charges a disclosed 0.85% spread with no additional fees, and debit card deposits through Robinhood Connect cost nothing. It scored well on state availability, too, covering all 50 states. However, Robinhood lists only 63 coins, and staking covers just three of them with no published rates. The educational resources are thin on crypto-specific content. There’s also no proof of reserves or a dedicated security audit for the crypto operations. Robinhood works fine as a starting point if you already use it for stocks, but for users whose focus is primarily crypto, the platform can feel limited. Webull charges a flat 1% spread on crypto trades, and debit card deposits are free. On fees alone, it competes well. However, Webull offers no information about how or where its crypto assets are stored. It doesn’t disclose cold storage practices, proof of reserves, or a third-party security audit. The platform also offers no staking. On the desktop platform, you can view your crypto positions, but you can’t buy or sell. Trading is only available through its mobile app, which is inconvenient for anyone who works primarily on a computer. Bitstamp is one of the oldest exchanges in the world, founded in 2011, and its security credentials are solid. It holds 95% of assets in cold storage with insurance through its custodians. However, several practical limitations held it back. Bitstamp is available in only 38 states, placing it among the lowest in state coverage among exchanges with a meaningful U.S. presence on our list. Staking is entirely unavailable to U.S. customers. And despite announcing plans for a proof-of-reserves report in 2022 following FTX's collapse, the exchange hasn’t launched one. The beginner-mode spread runs 1.8%, which is on the higher end of what we tested. Binance.US scored the lowest of any exchange we evaluated. It’s available in only 38 states, tying with Bitstamp for the lowest coverage on our list. Debit card purchases aren’t directly supported and require routing through a third-party provider, which adds 3.1% in combined fees plus a 1% spread. Additionally, the exchange doesn’t offer crypto insurance or FDIC coverage for cash balances. No proof of reserves exists for the U.S. entity. The proof of reserves published on Binance.com, the global exchange, doesn’t cover Binance.US customers. The Android app holds a 3.0 rating, the lowest on our list by a wide margin. It's also worth noting that Binance.US's parent company, Binance, pleaded guilty to federal money laundering charges in 2023 and paid a $4.3 billion settlement. While Binance.US operates as a separate entity, that history means the U.S. entity carries some reputational risk. The best exchange depends on what you’re actually trying to do. A few questions can narrow it down quickly. If you plan to buy a few coins and hold them without trading often, the beginner-mode fee is what matters most. OKX at a flat 1% spread, eToro at 1% flat, and Robinhood at 0.85% are the most straightforward options for that use case. Coinbase and Gemini cost noticeably more in simple mode. If you trade actively, the advanced trading fee is what matters. OKX at 0.08% maker and Kraken and Crypto.com at 0.25% maker are significantly cheaper than Coinbase or Gemini at 0.6%. Every exchange on our list accepts free bank transfers. The difference shows up when you want to use a debit card. Fees range from 0% at eToro and Robinhood to 4.2% at Coinbase. If you fund your account with $1,000 using a debit card each month, you pay nothing extra at eToro versus $42 at Coinbase. State availability is just as important to check before you go any further. Binance.US is blocked in 12 states, OKX is unavailable in two, and Uphold doesn’t operate in eight. Signing up only to find out your state isn’t supported is a frustrating way to discover this limitation. Every exchange claims to take security seriously, including FTX, which made those claims before it collapsed in 2022, wiping out billions in customer funds overnight. So did Celsius, Voyager, and several others. What matters more than an exchange’s word is its actual security and transparency practices, including proof of reserves, cold storage, and insurance coverage: Proof of reserves: This means the exchange publishes verifiable evidence that it actually holds the funds it claims to hold. Kraken, OKX, and Crypto.com do this regularly. Coinbase publishes audited financial statements as a public company instead. Cold storage: Exchanges keep assets offline where hackers can’t reach them. Coinbase holds 98% of assets this way, and OKX holds 95%. An exchange that confirms cold storage without publishing a percentage tells you less than one that does. FDIC insurance: This protects your dollar balance up to $250,000 or more if the bank holding those funds fails. It applies to cash balances at Coinbase, Crypto.com, eToro, Gemini, and Uphold. It doesn’t cover crypto assets, which aren’t government-insured anywhere. Crypto insurance: Some exchanges carry criminal or commercial insurance that covers a portion of crypto holdings against theft or a security breach. OKX, Coinbase, and Crypto.com all maintain some form of crypto coverage, though none publish their exact limits publicly. Crypto exchange fees can be confusing. That’s why understanding them before you trade can save you real money. There are four main costs to look for, and not every exchange charges all of them. The spread is the gap between the price you pay to buy a coin and the price you receive when you sell it. If bitcoin shows as $95,000 on the market overview page but your buy order executes at $95,950, the $950, or 1%, difference is the spread. Exchanges don’t label spreads as fees, which is why they often go unnoticed. Some exchanges charge only a spread with no additional trading fee, while others charge both. A trading fee is a separate percentage charged on top of your transaction, which exchanges usually display more clearly than a spread. Some exchanges charge one or the other, while others charge both, which can quietly push the total cost above what the fee schedule suggests. Before confirming any trade, check the price you’re being quoted against the current market price and whether there’s an additional fee. Advanced trading platforms often use a maker-taker structure instead of a flat fee: Maker orders: These are typically limit orders at a specific price that remain open until someone matches them. These orders add liquidity to the market and have lower fees than taker orders. Taker orders: These orders are typically market orders that remove liquidity from the market by matching a pending order. Takers pay slightly more since they demand instant execution. Most casual buy orders are taker orders because they execute immediately. The maker and taker rates vary significantly across exchanges, and on high trading volumes, those differences add up quickly. Not all exchanges use this structure. Some charge a flat fee regardless of how you trade. These are the costs of moving money in and out of your account. Most exchanges accept free bank transfers, but debit card deposits vary widely in cost across platforms. Some exchanges also charge fees to withdraw crypto to an external wallet, so it’s worth checking the fee schedule before you sign up to avoid surprise costs. For active traders using advanced mode, OKX has one of the lowest fees at 0.08% maker and 0.1% taker. For casual buyers, eToro at a flat 1%, OKX at a flat 1% spread, and Robinhood at 0.85% are the most cost-efficient options. Gemini and Coinbase are the most expensive in simple mode, running about 2.47% and 1.84%, respectively. It depends on which exchange and which type of funds. Dollar balances at Coinbase, eToro, Gemini, and Uphold receive FDIC coverage up to $250,000 or more per account, which protects you if the bank holding those funds fails. Crypto itself isn’t government-insured. Coinbase, Robinhood, and several other exchanges carry crime insurance that covers a portion of crypto assets against theft, but they don’t publicly disclose the exact limits. No exchange guarantees full protection against a major failure. Yes, you can put certain cryptocurrencies to work through staking. Staking means holding certain coins on the platform and allowing them to help verify transactions on the blockchain, in exchange for a percentage reward. Kraken, Coinbase, OKX, and Crypto.com all offer staking with published rates. We select top U.S. cryptocurrency exchanges for evaluation based on web traffic, trading liquidity, and reported trading volumes. Then, we score each exchange against a structured set of criteria covering five categories: Fees and costs: We test trades at multiple dollar amounts on each platform to calculate the true all-in cost, including spreads and any additional fees that aren't clearly disclosed up front. User experience: We sign up for and navigate each platform ourselves, evaluating how easy it is to fund an account, place a trade, and find key information across both beginner and advanced interfaces. Available assets and features: We explore each platform's coin selection, staking options, order types, and any additional features such as recurring buys, rewards programs, and account types. Security and regulatory compliance: We review each exchange's cold storage practices, proof of reserves, insurance coverage, and state availability. We also look at their history of hacks, data breaches, regulatory actions, and legal settlements. Customer support and reputation: We contact each platform's support team and evaluate response quality, available contact channels, and the exchange's operational history. We weigh each category based on how much it matters to the average user, with fees and security carrying the most influence. We convert scores into star ratings, and our top seven recommendations reflect the exchanges that performed strongest across all five areas. We calculate scores independently with no input from or compensation by any of the exchanges we evaluate. Editorial disclaimer: The information on this page is for educational purposes and isn't meant as investment advice. Cryptocurrencies are volatile assets, and past performance doesn't indicate future results. 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