Introduction
The cryptocurrency exchange landscape is constantly evolving, with platforms competing for market share through liquidity, security, and trading volume. This ranking highlights the top 100 exchanges based on 24-hour BTC trading volume and trust scores, providing insights into market leaders and emerging platforms.
Top 10 Cryptocurrency Exchanges by Volume
| Rank | Exchange | Trust Score | 24h Volume (BTC) | Listed Coins | Trading Pairs |
|---|---|---|---|---|---|
| 1 | Binance | 10 | 135,141.37 | 396 | 1,577 |
| 2 | Bitget | 10 | 27,562.55 | 507 | 573 |
| 3 | Bybit (Spot) | 10 | 24,953.18 | 340 | 393 |
| 4 | OKX | 10 | 20,419.57 | 417 | 728 |
| 5 | Coinbase Exchange | 10 | 18,222.04 | 259 | 590 |
| 6 | Kraken | 10 | 9,701.17 | 226 | 680 |
| 7 | MEXC Global | 9 | 29,015.94 | 1,924 | 2,073 |
| 8 | Gate.io | 9 | 27,300.90 | 1,632 | 2,612 |
| 9 | Huobi Global | 9 | 23,242.77 | 760 | 1,232 |
| 10 | Crypto.com Exchange | 9 | 19,094.70 | 288 | 689 |
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Key Metrics Explained
- Trust Score: Evaluates security, compliance, and operational stability (scale: 1–10).
- 24h Volume (BTC): Reflects liquidity and market activity.
- Listed Coins/Pairs: Indicates market diversity and trading options.
Emerging Exchanges (Rank 11–30)
| Rank | Exchange | Volume (BTC) | Notable Features |
|---|---|---|---|
| 11 | KuCoin | 10,451.79 | Extensive altcoin support |
| 20 | CoinW | 26,446.77 | Focus on Asian markets |
| 25 | XT.COM | 11,033.98 | High-volume niche pairs |
FAQ Section
What factors determine an exchange's ranking?
Exchanges are ranked by trading volume and trust scores, which combine liquidity, security audits, and regulatory compliance.
How often is this list updated?
Volumes fluctuate daily, but trust scores are periodically reassessed based on security incidents and platform improvements.
Why are some high-volume exchanges ranked lower?
Platforms with lower trust scores (e.g., LBank at #44) may have volume but lack robust security or transparency measures.
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Niche and Regional Exchanges (Rank 31–100)
Exchanges like Bitrue (#30) and Indodax (#36) cater to specific regions or trading styles, offering localized services or unique coin listings.
Conclusion
When choosing an exchange, balance volume (liquidity) with trust scores (security). Top-tier platforms like Binance and OKX dominate, while emerging exchanges provide specialized opportunities. Always verify security measures before trading.