What are the best crypto exchanges for trading?

Question

Accepted Answer

Since you didn't specify a region or use case, here's a general breakdown of the major global exchanges that support spot and derivatives trading. All serve global users with basic KYC.

Binance — the largest and deepest-liquidity venue, 0.1%/0.1% maker/taker fees, and the highest trust score of the group (per CoinGecko, trust score 10, rank #2). Binance

OKX — also trust score 10, strong derivatives and Web3 wallet, 0.1%/0.1% fees. OKX

Bybit — a derivatives-first platform popular with futures traders, 0.1%/0.1% fees, trust score 9. Bybit

Bitget — known for copy-trading and futures, 0.1%/0.1% fees, trust score 10. Bitget

MEXC — the cheapest spot fees here at 0% maker / 0.05% taker, and it lists a huge number of smaller/lower-cap tokens early; trust score 9. MEXC

KuCoin — long-established, broad altcoin selection, 0.1%/0.1% fees, trust score 9. KuCoin

Exchange	Maker / Taker fee	Trust score (per CoinGecko)	Est.	24h vol (BTC)
Binance	0.10% / 0.10%	10	2017	~123K
OKX	0.10% / 0.10%	10	2017	~22K
Bybit	0.10% / 0.10%	9	2018	~22K
Bitget	0.10% / 0.10%	10	2018	~12K
MEXC	0% / 0.05%	9	2018	~17K
KuCoin	0.10% / 0.10%	9	2017	~15K

Quick read on trade-offs:

For liquidity and general trading — Binance has by far the deepest order books (roughly 5–8× the daily volume of the others here), which usually means tighter spreads on big pairs.
For low fees — MEXC's 0% maker / 0.05% taker on spot is the cheapest of the bunch.
All are basic-KYC and none of OKX, Bybit, Bitget, MEXC, or KuCoin serve US-based users, so if you're in the US your realistic option from this list is Binance (which has its own US-region restrictions) — worth checking a regional listing if that's your situation.

This is not financial advice — just the factual comparison so you can pick what fits your needs. If you tell me your region or what kind of trading you plan (futures, meme scalping, or just starting out), I can narrow it down further.