Centralized exchanges (CEX)
Centralized crypto exchanges (CEX) functions just like traditional brokerage or stock markets. That means that all the assets on the platform are operated by a company, that maintains control transactions and storing the assets. From this list, you find the best and most reliable crypto exchanges that are centralized. Upvote your favorite one!
Coinbase is a broker/exchange platform that makes it super easy to buy and sell cryptos like bitcoin, ethereum, and some altcoins. It is one of the best places for beginners to get started with crypto but also has higher fees.
Coinbase Pro is a crypto exchange platform for more seasoned that offers users the ability to trade 45+ coins safely on an insurance-backed platform. You can easily deposit funds from Coinbase account and it also has much lower fees.
Binance is a centralized crypto exchange. They operate the world’s biggest bitcoin and altcoin crypto exchange in the world. Binance is one of the top picks from exchanges, it has the biggest volume, huge liquidity, and has over 300+ coins listed.
Bitstamp is one of the oldest crypto exchange platforms and has been operating since 2011. Good things about the platform are low fees and good support but it only has 13 coins to choose from and is not geared towards beginners.
Bithumb is an exchange founded and based in 2013 Seoul, South Korea. Users can buy and sell bitcoin for and a total of 151 coins. The Platform UI is neat and easy to use but lacks advanced features and there are no cryptocurrency trading pairs.
Kraken is a US-based crypto exchange in California, that offers an advanced trading platform, with margin trading and OTC options. You can buy, sell or trade from 60 different coin options.
Gemini is a US-based crypto exchange founded by the Winklevoss twins. The platform is built with industry-leading security standards and 20+ supported digital currencies and 50 markets.
Bitfinex is a centralized exchange that is one of the top exchanges for seasoned traders over the world because of the recognition and trading volume. The platform also includes margin trading, limit and stop orders, and OTC trades.
Huobi is one of the largest and oldest crypto exchanges that provide a trading platform for businesses and individual traders. They have a variety of coins (312) and markets (914) to choose from.
Crypto.com exchange is powered by CRO (a decentralized, open-source blockchain developed by Crypto.com), with deep liquidity, low fees, and best execution prices, you can trade cryptocurrencies like Bitcoin, Ethereum on their platform.
Bybit is a bitcoin and ethereum trading platform focused on leverage trading up to 100x on BTC/USD & ETH/USD trading pairs. Bybit is probably one of the best places if you want to test trading with futures.
eToro is a global trading platform for currencies, cryptocurrencies, commodities, indexes, and stocks. If you are a more traditional trader this might be a good option to start with cryptos. You can withdraw your cryptos to an external wallet unlike with some other traditional trading platforms.