How many crypto exchanges are there?

As of today, we track 219 crypto exchanges with a total 24h trading volume of $103 Billion, a 20.09% change in the last 24 hours. Currently, the 3 largest cryptocurrency exchanges are Bybit, OKX, and Coinbase Exchange. Total tracked crypto exchange reserves currently stands at $201 Billion.

How are the best crypto exchanges selected?

The top picks were selected based on more than 20 weighted criteria, including trading fees (weighted 20%), withdrawal fees (15%), and whether an exchange offers cold storage of crypto assets (weighted 10%). For further information about our selection criteria and process, our complete methodology is available.

What happens if a cryptocurrency exchange fails?

U.S. Securities Investor Protection Corp. insurance doesn't apply to cryptocurrency, so if your exchange fails (as FTX did in the fall of 2022), you could lose your investment. For this reason, some users prefer not to store assets on exchanges unless they're actively trading.