Since Bitcoin first started trading in 2009, its price has surged dramatically—reaching an all-time record high of $112,000 on May 22, 2025. This growth reflects just how far the cryptocurrency world has come and how much investor interest has grown over the years.
If you’re planning to buy or sell digital currencies like Bitcoin, Ethereum, or even lesser-known cryptocurrencies, it’s important to choose a reliable crypto exchange.
The best platforms offer strong trading tools, a wide range of cryptocurrency options, different order types for all levels of traders, and a host of other useful features and services.
At Investopedia, our team of expert researchers and editors evaluated 14 major cryptocurrency exchanges using 27 carefully selected and weighted factors that are important to crypto investors and traders. After an in-depth review, here’s what we found:
- Kraken stood out as the top choice for traders who are looking to keep costs low, thanks to its competitive fee structure.
- Gemini earned top marks for security and is especially suitable for experienced traders who prioritize platform safety and regulatory compliance.
- Coinbase is the most beginner-friendly option. It’s easy to use, visually simple, and ideal for those new to the crypto world.
- Crypto.com came out as the best mobile app for trading. It’s perfect for users who frequently trade using their smartphones. Additionally, it’s the top pick for people focused on Bitcoin trading and investing.
- BitMart is a great choice for crypto enthusiasts looking to explore a wide variety of altcoins, including rare and emerging digital tokens that are hard to find on other platforms.
Best Crypto Exchanges and Apps for June 2025:
- Best for Low Fees: Kraken
- Best for Security and Experienced Traders: Gemini
- Best for Beginners: Coinbase
- Best Mobile App and Best for Bitcoin: Crypto.com
- Best for Altcoins: BitMart
Important Note:
Investing in cryptocurrencies, Decentralized Finance (DeFi) projects, and Initial Coin Offerings (ICOs) involves a high level of risk.
These markets can be extremely unpredictable and may not be suitable for every investor. Before making any investment decisions, it’s crucial to speak with a licensed financial advisor or a qualified professional.
The information in this article is meant for educational purposes only and should not be considered financial advice or an endorsement by Investopedia or the author. The accuracy and timeliness of the content cannot be fully guaranteed due to the rapidly changing nature of the crypto market.
