With a plethora of platforms available at your disposal, it can be quite difficult to know which cryptocurrency exchange you should opt for. So, to make your job easier, here are the top 10 cryptocurrency exchanges in 2021:

Binance

Binance, a Malta-based exchange founded in China in 2017, is one of the most popular cryptocurrency exchanges globally.

Pros:

• 50+ cryptocurrencies
• Reputable
• Low fees
• Easy-to-use website interface
• Good security

Cons:

• Not available in 7 US states
• Not ideal for beginners
• Poor customer service

Coinbase

Coinbase is perfect for beginners and has over 30 million users worldwide.

Pros:

• See all your coins in one place
• Simple UI for beginners
• Insured
• Buy Bitcoin easily
• Good variety of altcoins 

Cons:

• Expensive compared to other crypto exchanges
• Few payment options
• Custodial wallet

Robinhood

Robinhood had launched in the US in 2013 as a broker company for stock traders and started offering crypto services in 2018.

Pros:

• Easy user interface
• No commission fee
• Good security
• Instant access to cash deposit
• Takes many fiat currencies

Cons:

• Funds are not withdrawable
• Only 7 cryptocurrencies
• No anonymity
• Hidden fees

Coinmama

Launched in 2013, Coinmama has over 2 million users worldwide across 188 countries.

Pros:

• Good customer care
• Easy-to-navigate website interface
• Live pricing
• Bitcoin sold directly
• Comes in many languages

Cons:

• No mobile app
• High fees
• No crypto-crypto transactions
• Can’t sell Bitcoin without an EU bank account

Also, read – How Can Blockchain Technology Change The World?

Kraken

Based in the United States, Kraken supports traders in almost 200 countries.

Pros:

• Good security features
• Stylish user interface
• Reputable site
• 7 fiat currencies
• 50+ cryptocurrencies

Cons:

• Not for beginners
• Slow account verification
• Poor customer support

Bisq

Bisq is a decentralized exchange launched in 2014 with servers distributed all around the world.

Pros:

• Decentralized exchange
• Good security
• Variety of payment options
• Low fees
• Not geo-restricted

Cons:

• Low liquidity
• Open for fraud

Gemini

Pros:

• Good security
• Easy-to-use interface
• No deposit fees
• Good liquidity

Cons:

• Serves limited countries
• Needs a lot of personal information
• Higher fees than other exchanges

eToro

Although eToro offers only 6 crypto coins, it is able to house all the major coins in one place thereby maximizing convenience. 

Pros:

• No commission on cryptocurrency
• Easy-to-navigate user interface
• Easy for US crypto investors to sign up
• Multiple coins traded (BTC, ETH, etc.)

Cons:

• High trading fees
• Poor customer service
• One account-based currency

Crypto.com

Founded in 2016, Crypto.com is most popular for its exceptionally low fees of 0.04%-0.20%.

Pros:

• Good security
• Low fees
• Huge crypto coin collection
• Up to $50 sign-up bonus
• Regular promotions

Cons:

• Complex app system
• Poor customer service
• Poor privacy
• Unclear source of funding

TradeStation

TradeStation is a Florida-based company founded in 1982.

Pros:

• Good quality educational tools
• Crypto trader community
• Advanced tools
• Reputable 

Cons:

• Only 4 cryptocurrencies
• Poor customer service
• Unclear pricing structure
• Not a crypto-specific exchange