Ivan Stajkovic/123RF
 

Top 100 Crypto Exchanges 2019

  • 18 February 2019
  • Sam Mire

Televisions and computers were once luxury items found in a select few households. Going mainstream takes time, and while cryptocurrency exchanges have achieved modest adoption, they’ve not yet been embraced as a prevailing investment vehicle.

When people exchange money for goods and services, employees get paid, families get fed, and the world economy keeps churning.

The same can be true for cryptocurrency and digital asset exchanges. According to coinmarketcap.com there’s over $121 billion worth of cryptocurrencies in circulation. If crypto exchanges suddenly went offline or froze customer funds, widespread panic is the likely outcome. That’s why it’s critical to weed out scammers from the ranks of digital asset exchanges is critical.

This is difficult to do when new exchanges emerge daily. Cryptocurrency exchanges are a particularly crowded space, and many of them offer the same core service: buying and selling cryptocurrencies. Certain players differentiate themselves by adding social features, investing strategy content, and advanced types of trading. But the fakers still lurk among the legitimate players, trying to dupe customers into parting with their hard-earned money.

We’ve tracked down and highlighted several exchanges with positive word-of-mouth reviews and legitimate operations. Some of the following companies use blockchain by sticking to what works. Others are trying more outside-the-box approaches to implement the technology in digital trading.


UCashU.CASH

The U.CASH network lets users convert cash to digital currency and back again at their fancy. As a global “converter network”, U.CASH offers both physical and online conversion to its customers. Sending and receiving funds, connecting portfolios from other exchanges, and completing bounties to earn crypto funds are additional features of the U.CASH network. Fintech partners can integrate their services into U.CASH to tap into a new customer base while maintaining control over what sort of customers can access their services.

ICO: September 8, 2017

Funding Type: ICO


CointreeCointree

Australia-based Cointree is an exchange for the purchase, sale, and trade of digital currencies. They offer more than 100 different coins, boast a simple platform to use, and accept multiple forms of payment. Fees for each trade are as low as .05%, but that figure varies based on trade volume and the type of trade being executed. Important note: the Cointree platform caters to Australian traders only – over 1.7 million of them to date, to be specific. For Australians seeking a legal, proven way to purchase digital currencies can certainly do worse than Cointree, which also offers investing advice for those who need guidance.  

Date Founded: October 19, 2014

Funding Type: Venture-backed


BudaBuda

Buda is the company behind the Buddha Exchange, touted as “the largest cryptocurrency market in South America”. The exchange can be accessed on desktop or mobile, comes with an accompanying service for monitoring cryptocurrency portfolios, and offers purchase and sale of Bitcoin, ether, Litecoin, Bitcoin Cash, and other cryptocurrencies. More than 90% of invested funds are stored in cold storage, meaning that they aren’t connected to the internet and are therefore harder to steal. While many exchanges can function on a global scale, many investors find comfort in a more regional exchange. For South Americans who value a regional trading host, Buda’s Buddha Exchange is worth a look.  

Funding Type: Private


AllumaAlluma

Alluma is a platform that hosts the exchange of digital currencies, catering specifically to those in Asia’s emerging markets. Created in India, Alluma boasts “six layers of security” as well as easy onboarding and know-your-client (KYC) processes. Thorough onboarding of clients in exchanges has become crucial to compliance, and Alluma aims to make these processes as painless as possible. Once a user has registered and deposited funds, he can purchase Bitcoin, Ripple, Ethereum, Litecoin and several other crypto tokens. Each purchase and sale on the Alluma platform carries a .1% fee, and advanced order types include stop, limit, and trailing stop. The Alluma app is available for Android in the Google Play store.

Date Founded: 2017

Funding Type: ICO


BelfricsBelfrics

Singapore-based Belfrics runs highly-localized exchanges that lie across the globe. Their cryptocurrency trading platform enables the purchase and sale of various digital tokens, including Ethereum, Dash, Bitcoin, Lisk, and more than 21 others. The exchange platform features analysis of the best and worst performing tokens of the most recent 24-hour window and value analysis for individual assets. The portfolio management tool sleekly breaks down how a user is allocating their money , and account holders can also analyze the performance of their coins in graph form. The platform is able to process 1.4 million orders per second, with many of those trades crossing national and continental lines. The Belfrics exchange and wallet are accessible on iOS, Android, and desktop.

Date Founded: 2014

Funding Type: Private


BezantBezant

The Bezant Blockchain was created to facilitate borderless payment systems. A Singaporese team of innovators came up with Bezant in the blockchain-as-a-service mold, hoping that businesses would use their creation to strengthen their payment processes. The Bezant Blockchain is what provides the initial security layers that payment systems require. Developers can use this building block to create their own payment systems on top of the Bezant chain, with security and anonymity already accounted for by blockchain tech. The BZNT token is available as an alternate means of payment for those who develop on top of the Bezant chain. The team believes that faster merchant payment times and fewer international payment fees will attract a substantial clientele. Eventually, the Bezant chain will be used for non-payment-related purposes such as hosting games and other forms of shareable media.

Funding Type: ICO


BithumbBithumb

Bithumb is a South Korean cryptocurrency exchange offering the likes of Ripple, Ethereum, Bitcoin, Litecoin, Dash, and other prominent tokens. Though like most platforms it accommodates international trading, it is very much steered towards Asian markets, Korea in particular. Its site and app – which is available on both Apple and Android – are issued in Korean language, which the crypto-crazy markets in the East are likely not complaining about. The site also offers weekly updates on the markets and trends to watch, also written in Korean. Which is to say that for those in the West, Bithumb is not the most obvious choice for a trading platform.

Funding Type: Private


Bits of GoldBits of Gold

Bits of Gold claims to be the largest broker of Ethereum and Bitcoin in all of Israel, not to mention the issuer of the most competitive rates in the nation. Users can exchange US dollars, Euros, and Israeli new shekels in exchange for either Bitcoin or Ethereum. The service also includes same-day wire transfers, and several Bitcoin ATMs located in Israel. Bits of Gold goes beyond a mere exchange and into the realm of commerce. Their “Checkout with Bitcoin” service helps merchants accept Bitcoin as payment without upending their accounting practices. They can also advise clients in liquidating assets after an ICO, handle large trades through their brokerage desk, and counsel private investors and firms. The Bits of Gold team sticks to the tokens they know, and is able to offer a more extensive bundle services because of their expertise.

Date Founded: January 2013

Funding Type: Private


bitsparkBitspark

Hong Kong-based Bitspark is a bankless money management solution for the Asian Pacific and African regions. They offer a service model that is meant to provide a viable alternative to banks, whether it’s out of the customer’s choice or sheer necessity. Bitspark users store their cash and cryptocurrencies on their account using a network of ATMs in and around the Hong Kong region. Once funds are secured, they can be withdrawn from the same ATM network as cash or used to purchase cryptocurrencies and stablecoins on the Bitspark app and desktop platform. All trades are executed through the Sparkdex exchange, and even cryptocurrencies purchased can be withdrawn as cash from a Bitspark-enabled ATM.

Date Founded: April 1, 2014

Funding Type: Venture-backed


BTCCBTCC

BTCC is a Shanghai-based token exchange and one of the platform that enables coins to be bought using Chinese yuan. Though it caters to the Chinese population, it’s very much a global platform, accepting several currencies. It’s also a platform that goes beyond the mere exchange of tokens. They offer a mining pool, individual user wallets, and payment processing services. Those who let out their computing hardware, or nodes, to the BTCC network receive more benefits. BTCC global node partners are privy to trade rebates and have a say in exchange-related listing decisions. The BTCC mobile app is available for both iPhone and Android.

Date Founded: June 1, 2011

Funding Type: Private


CobinhoodCOBINHOOD

COBINHOOD is a place to buy and sell cryptocurrencies that also offers end-to-end ICO services. The COBINHOOD Exchange is noteworthy for its freedom from trading fees, and users can log onto the COBINHOOD Exchange app on both iOS and Android devices. Buyers only need to upload fiat currency to start buying digital assets like Ethereum and Bitcoin. Promotions grant users the opportunity to win free tokens, and beginners will be pleased with a straightforward interface. More advanced traders may be drawn to the platform’s accommodations for high-frequency and margin trading. Redeemable COB points are COBINHOOD’s way of rewarding frequent interaction with the platform. Logging onto the platform regularly also keeps users updated with market reports and relevant trading analysis.

ICO: September 13, 2017

Funding Type: ICO


CoincheckCoincheck

Coincheck is a Japanese cryptocurrency exchange built on the Bitcoin blockchain. The marketplace is a 24-hour shop those who want to buy Bitcoin, Ripple, Ethereum, and several other cryptocurrencies. The platform is built with an easy-to-use money transfer capability. The Coincheck Trade View is an in-browser graph and analysis feature that users can use to buy and sell Bitcoin without a transaction fee. All user funds are kept in an offline, cold wallet and all accounts are protected by two-factor authentication. Coincheck Lending and Coincheck Payments are two services that the Coincheck team offers in addition to their exchange.

Date Founded: August 2012

Funding Type: Private


CoindeltaCoindelta

Coindelta is an online and mobile platform for trading digital currencies. An  Indian team created the service as an alternative to the major market players in crypto trading. Users can buy, sell, and hold several currencies including Bitcoin, Ethereum, and Litecoin. Users also get a secure digital wallet upon entering the Coindelta ecosystem. Coindelta’s pull factors include an easy-to-navigate interface, highly-competitive withdrawal fees, 24-hour customer support, and security of funds in offline wallets. The deciding factor in which exchange/wallet a customer will choose ultimately comes down to proving that these benefits can be consistently delivered. But for an Indian customer base, knowing that Coindelta is a regional company may also be appealing.

Date Founded: September 23, 2017

Funding Type: Private


CoinoneCoinone

South Korean blockchain service provider Coinone counts a domestic  cryptocurrency exchange among its offerings. In fact, the Coinone Exchange is the third largest in all of Korea, and in 2018 the cpmpany launched their first foreign exchange in Indonesia. Their user interface (UI) is easy to navigate (for those that speak Korean), and Coinone relies on the Prochart service to provide easily-digestible market data to crypto traders and investors. Before listing a token on the Coinone Exchange, the CEO of the company and a Listing Evaluation Committee vet the authenticity of the company behind the proposed currency. Along with the typical measures of security that blockchain provides, this committee is meant to ensure Coinone users are insulated from fraud to the greatest possible extent.   

Date Founded: February 2014

Funding Type: Venture-backed


CoinsuperCoinsuper

Coinsuper is a Hong Kong-based crypto exchange that comes with trading advice from cryptocurrency experts. The backbone of Coinsuper is security. Secure Sockets Layer (SSL) security is the basis of encryption, and it also serves to insulate users’ web browsers and Coinsuper’s servers. This means that when trades are executed, all data passed between parties is encrypted. All wallets on Coinsuper are protected with multi-signature authentication, and all funds deposited on the platform are held in offline wallets. Users can purchase and sell more than 20 different cryptocurrencies on Coinsuper. The Coinsuper app is available for Android and iOS platforms.

Date Founded: October 2017

Funding Type: Venture-backed


CoinswitchCoinSwitch

CoinSwitch was created by a team from Bangalore, India, and lets users trade over 300 different tokens without holding an account. It is technically an “exchange aggregator platform”, meaning that CoinSwitch lets users search for the most competitive prices across many exchanges. The idea is to create simplicity by consolidating multiple user accounts on different exchanges onto one platform: CoinSwitch. When considering which coin(s) to purchase, users can access real-time market charts and news updates on the CoinSwitch platform. The CoinSwitch team aims to make single exchanges obsolete by bringing them all under one umbrella with a convenient interface and wide net of trade offerings.

Date Founded: June 14, 2017

Funding Type: Private


GatecoinGatecoin

Hong Kong-based Gatecoin is an exchange created to serve those who want to trade ethereum and bitcoin. Founded by investment bankers and licensed as a Money Service Operators (MSO), Gatecoin’s registration process includes know your client (KYC) and anti-money laundering (AML) measures that further legitimize the platform. Though other tokens, including litecoin, are available on the Gatecoin exchange, it’s ethereum and bitcoin that initially prompted the launch of the platform. These two coins continue to be the primary drivers of commerce on the Gatecoin platform.

The exchange is monitored round-the-clock for suspicious activity, and the majority of client funds are held in offline wallets to protect them from theft. Gatecoin purports to be the first exchange in the world to have listed Ethereum’s ether (ETH) in 2015, and the platform has won several awards. The pitch for Gatecoin is staying power, compliance with regulators, and security – bona fides that are difficult to dismiss.

Date Founded: July 2013

Funding Type: Private


HitBTCHitBTC

Though it’s based in Hong Kong, HitBTC is a European exchange that offers easy liquidity to its users. Features include two-step authentication to reduce instances of fraud, offline (cold) storage of funds., ready-available customer service, and a user-friendly interface. Each trade carries a .1% fee, a competitive rate that most users won’t scoff at. The HitBTC matching engine helps traders make informed decisions when purchasing, selling, or holding.

Date Founded: 2013

Funding Type: Venture-backed


HuobiHuobi

Huobi is a financial service platform that includes a wallet, currency storage systems, and an exchange. Huobi’s parent company, HBUS Holdco, Inc., is located in San Francisco, and the platform caters primarily to an American audience. This includes occasionally gifting token options and other giveaways to American users. Beyond these promotions, Huobi incorporates the encryption, authentication, and cold storage that are required of secure exchanges. Additionally, Huobi’s distributed denial of service (DDoS) mitigation layer was put in place to ease the minds of those with funds tied up in the exchange. Purchasing and selling on Huobi is straightforward, and a single panel informs users of market changes, their own trading history, and any pending transactions.

Date Founded: 2013

Funding Type: ICO


KuCoinKuCoin

Singapore-based KuCoin is brought to you by blockchain enthusiasts with prior experience in the financial sector. The KuCoin exchange allows users to purchase digital assets on their desktop and mobile platforms. Real-time graphics and charts, along with blockchain security, make KuCoin worth noting among the many digital asset exchange platforms.

Date Founded: 2013

Funding Type: Venture-backed


OTCBTCOTCBTC

OTCBTC is a cryptocurrency exchange aimed at the Asian markets. Users can purchase bitcoin over the counter (OTC), exchange an array of tokens including ethereum on the OTCBTC exchange, and set automated trade instructions using the platform’s application programming interface (API). The OTCBTC team recently unveiled their merchant services feature, which lets users with a need for cash flow withdraw funds more quickly. Their user guide helps first-time and inexperienced customers become acquainted with the platform, and the platform will often float promotions during holidays and other occasions. Though the platform was created in China and its language clearly caters to Chinese customers, there are no apparent restrictions limiting who can take part in the OTCBTC marketplace.  

Date Founded: October 26, 2017

Funding Type: ICO


PDAXPDAX – Philippine Digital Asset Exchange

The Philippine Digital Asset Exchange (PDAX) lets Filipino cryptocurrency enthusiasts purchase, sell, and maintain an active portfolio of digital assets. Users can purchase bitcoin, ethereum, XRP, Bitcoin Cash, and litecoin with Philippine pesos. PDAX has also partnered with several major companies so that customers can withdraw funds from a network of ATMs. From 7-Eleven to several prominent banks in the Philippines, PDAX users can withdraw fiat funds against their digital assets at a moment’s notice. The platform includes a matching feature so that users can set a purchase and sale prices to ensure they maximize the value of each trade. The more a user trades, the lower their per-trade fee is, meaning that the market stays active. All accounts are secured by two-factor authentication and all funds are held in offline accounts for security purposes.

Date Founded: 2017

Funding Type: Private


QuoineQuoine

Quoine is a fintech company with offices in Singapore, Japan, and Vietnam, and they are the minds behind a prominent cryptocurrency exchange, Liquid. Liquid was forged with a unified global vision in mind; it’s a platform with international, not just regional, ambition. Customers can buy and sell digital currencies using fiat currency, bitcoin, or ethereum, and the platform is meant to be a one-stop shop for cryptocurrency enthusiasts. By providing market analysis, trading capability, and the opportunity to participate in initial coin offerings (ICOs), the Quoine team wants to make sure users don’t have to go to a competitor for any crypto-related service. Quoine’s World Book matches Liquid customers to trading partners based on their native currencies to maximize liquidity and speed transactions. The Quoine team plans to have a full banking license by the end of 2019, at which point Liquid could expand into something even greater.

Date Founded: May 2014

Funding Type: ICO


SwitcheoNetworkSwitcheo

Switcheo is a Singapore-based exchange that serves more than 25,000 global traders. The network is built on the NEO blockchain. Users do not have to trust that their trading partners with come through with the funds or digital assets involved in a transactions. That is guaranteed by smart contracts, which are the backbone of the Switcheo trading platform. Users only need to connect their wallet to the Switcheo platform to begin trading; no need to create an account or go through cumbersome onboarding processes. All tokens available for trade are powered by the Ethereum and NEO blockchains.

Date Founded: 2017

Funding Type: ICO


TWOGAPTwogap

Twogap is a digital exchange platform focused on the cryptobond market. It’s an untraditional approach in the midst of countless exchanges peddling cryptocurrencies, not cryptobonds. That’s the underlying mission of Twogap: to establish a comparatively stable marketplace for acquiring crypto-powered financial assets, including but not limited to cryptobonds and cryptostocks. The ability to do this is staked on Twogap’s Cross-Liquidity Protocol, which “connects traditional Securities Exchange and the Crypto Exchange.” The totality of Twogap’s offerings will include a cryptocurrency wallet, the exchange, and the cross-liquidity protocol to help tokenize a user’s bond assets. Most of Twogap’s vision remains in the planning stage, but it is an outside-the-box approach to digital assets built on the blockchain.

Date Founded: February 25, 2018

Funding Type: ICO


CoinfloorCoinfloor

London-based Coinfloor is on a mission to merge traditional financial industry and still-emergent cryptocurrency markets. They are doing this by establishing trustworthy infrastructure to show their customers that digital asset markets are no fluke. Coinfloor has a collective of cryptocurrency exchanges in the UK and Europe which are aimed primarily at institutional investors and “sophisticated” traders. The company’s reputation is based on transparency, and they were the first cryptocurrency exchange to publish monthly “Provable Solvency” reports to assure investors that they are acting in good faith. The Coinfloor team cuts no corners in terms of compliance and security, with in-depth know-your-client (KYC) and anti-money laundering (AML) for each customer. Because Coinfloor’s goal is to establish the legitimacy of cryptocurrency trading, it’s a platform best suited for the financially savvy.

Date Founded: 2013

Funding Type: Venture-backed


QuidaxQuidax

Quidax is a digital currency exchange platform created in Malta. Users only need to sign up with a name and email address, deposit funds via credit, debit, or bank transfer, and can then purchase and sell bitcoin, ether, Ripple, litecoin, and Bitcoin Gold. Users can use several local currencies to purchase their tokens on Quidax.

Date Founded: July 17, 2017

Funding Type: Private


Bity

Bity is a Swiss digital asset brokerage that also functions as an exchange. They help their customers convert fiat currency into bitcoin, ether, and Augur token by making the platform straightforward and easy to navigate. Users can purchase funds with Swiss francs, euros, bitcoin, and ether. When trading, Bity guarantees a locked-in purchase or sale price so long as payment is received within a ten-minute time frame. The platform is regulated according to the standards of the Swiss financial markets.  

Date Founded: January 1, 2014

Funding Type: Venture-backed


LCCXLCCX – London Cryptocurrency Exchange

The London Cryptocurrency Exchange (LCCX) will accommodate users who want to trade in over 200 different digital tokens. Customers will be able to deposit and trade both fiat and cryptocurrencies, and 90% of all assets will be kept secure in offline, cold storage wallets.

ICO: May 6, 2017

Funding Type: ICO


B2BXB2BX

Moscow-based B2BX exchange is a spot trading platform, meaning that users can buy foreign currency and assets nearly instantaneously. The exchange hosts most major cryptocurrencies including bitcoin, ether, Monero, Ripple, and Dash. Users can use B2BX for beginner-level trades, but institutional traders and “market makers” curry favor on the platform. Those who qualify for corporate accounts may get access to cryptocurrency-backed loans, while those who refer a substantial number of traders – market makers – may receive additional perks from B2BX. The B2BX token is the basis of the platform’s loyalty program, which rewards high-volume and long-term customers. The B2BinPay payment gateway ensures instantaneous withdrawals and deposits, and the exchange can accommodate nine different order types.

Date Founded: 2014

Funding Type: ICO


BinanceBinance

Malta-based Binance is a digital cryptocurrency exchange platform. Users can use British pounds and euros to purchase digital assets and begin trading in bitcoin, ether, litecoin, and other prominent cryptocurrencies. The platform offers over-the-counter (OTC) trading and grants those who refer friends up to 40% commission on initial deposits. The Binance marketplace can execute 1,400,000 orders per second and the underlying platform has been used on more than 30 other exchanges.

Date Founded: July 1, 2017

Funding Type: ICO


BistampBitstamp

Bitstamp is a London-based, online cryptocurrency exchange catering to the global marketplace. What started as an exchange for trading bitcoin has evolved to offer ether, Bitcoin Cash, and several other reputable tokens. Bitstamp accepts all major credit cards as a means of depositing funds, and trades are executed instantaneously. 98% of funds invested in the Bitstamp platform are stored offline to avoid wide-scale theft or loss of assets, and two-factor authentication minimizes vulnerability to hacking. The Bitstamp app is available for both iOS and Android.

Date Founded: 2017

Funding Type: ICO


ShapeShiftShapeShift

ShapeShift is a digital asset exchange platform that doesn’t require users to create an account, disclose personal information, or even deposit funds to participate. In fact, ShapeShift has a “no-fiat policy”, meaning that customers must deposit only accepted cryptocurrencies in order to trade on the exchange. The benefit of this is that no funds are held by the ShapeShift team at any time, therefore there are no funds to be compromised or lost. Those who use altcoins or bitcoin regularly may be comfortable with this model; it represents the clean break from fiat currency that so many crypto enthusiasts champion. For those who don’t already have a firm grasp of how cryptocurrencies work, ShapeShift probably isn’t an ideal starter platform.

Date Founded: August 1, 2014

Funding Type: Venture-backed


NeufundNeufund

Berlin-based Neufund is a cryptocurrency marketplace with crowdfunding at its core. Fundraisers can issue their tokenized assets to the public using the Neufund platform. Willing investors can then exchange their funds for tokenized equity in the company, a tit-for-tat that is guaranteed by an Ethereum smart contract. This allows most any company that goes through the necessary steps to issue their “shares”, aka tokens, on a primary market. And they can do so without dealing with the barriers to entry of an initial public offering (IPO). Tokenizing assets allows for fractional ownership, the embedding of critical rights in each token, and a high level of liquidity. Neufund is blending the lines between exchange trading, ICOs, and employee management with their Employee Stock Option Plan (ESOP) feature. It’s all part of a mission to help companies stay afloat; by first raising funds then helping employees save for the future.

Date Founded: September 1, 2016

Funding Type: ICO


CoinMetroCoinMetro

CoinMetro is a tokenized financial platform with three primary components: an exchange, a wallet, and an ICO issuance framework. The first of their offerings is the CoinMetro exchange, on which users can purchase and sell bitcoin, Bitcoin Cash, ether, Ripple, and litecoin. Traders will have access to analytics and charts to help make more informed decisions. Advanced order types such as limit buys and sells will also be a staple of the CoinMetro exchange. Low fees, rewards for “market makers”, and high liquidity are the selling points for CoinMetro versus other exchanges. In addition to the exchange, the CoinMetro team created a wallet where users can store their funds securely. They partnered with BitGo to make payments, withdrawals, and security on the platform second nature. CoinMetro’s Electronically Traded Crypto Funds (ETCFs) are also worth exploring for more advanced traders, as they’re curated by professional investors and generally more stable than any single entity.

Date Founded: August 2017

Funding Type: ICO


LATOKENLAToken

LAToken is a blockchain-powered platform where users can create, buy, and sell cryptocurrencies. They specialize in creating liquidity for new tokens; that is, overseeing initial coin offerings (ICOs). Select LAToken users are granted access to certain ICOs with priority over the general public. They aim to create a broader array of for-sale asset classes than their competitors, and they have experienced some success in that regard. According to the LAToken team, more than 80,000 traders collectively churn out more than $30 million in daily trades on the platform. The platform comes equipped with advanced trading options, near-instantaneous withdrawal times, and minimal fees. Beyond these numbers, the fact that tokenized shares of Tesla and Google, as well as commodities such as gold have been traded on the LAToken platform speaks to how unique the LAToken ecosystem is among cryptocurrency exchanges.

Date Founded: 2017

Funding Type: ICO


NovaDAXNovaDAX

Switzerland-based NovaDAX is a cryptocurrency trading exchange for the global marketplace. Commissions on the platform are comparatively low, and users who sign up for NovaDAX Premium have all trading fees waived. All transactions are confirmed in less than a second, and the platform’s infrastructure is shielded by anti-distributed denial of service (DDoS) technology. If there’s one thing the Swiss know, it’s finance. NovaDAX is putting the Swiss reputation for financial savviness towards the cryptocurrency trading markets with NovaDAX.

Date Founded: March 21, 2018

Funding Type: Venture-backed


MOONXMoonX

MoonX is a cryptocurrency trading platform that installs the user as the co-owner of the exchange. Those who are in the MoonX “family” aren’t charged a free for trading – they’re the owners, after all. Those who wish to list an ICO on the MoonX platform won’t be charged either. Other aspects of user ownership are voting rights and participation in corporate decision making, as well as a right to any dividends issued. The exchange itself allows both the purchase and sale of cryptocurrencies, while the MoonX Implication Engine is responsible for matching buyers and sellers based on specific criteria.

Date Founded: 2017

Funding Type: Venture-backed


UpvestUpvest

Upvest is an application programming interface (API) that lets users build their own wallets and track their customers’ analytics. It’s a service that takes the heavy lifting out of the hands of developers who want to put their own spin on the digital asset wallet. By providing readymade infrastructure such as security of private keys and encryption protocols, Upvest has essentially laid the foundation, leaving it up to developers to design the home in their image. Upvest offers their protocol for executing contracts, recovering funds, and maintaining wallet integrity to developers, who essentially determine how their platform will look. For developers and designers who aren’t interested in or capable of wading through the minutiae of developing protocols, Upvest represents an alluring business model.

Date Founded: 2017

Funding Type: Private


CoinmamaCoinmama

Slovakian company Coinmama is a blockchain-powered financial services platform for trading cryptocurrencies globally. Customers can purchase seven different cryptocurrencies using MasterCard, Visa, or bank transfer. They simply register, input a few personal details, and begin trading. Swathes of cryptocurrency are available for purchase at preset price points of $100, $250, $1,000, and $3,000, or any specific amount. Perks of the Coinmama exchange include lax spending limits, a verification process that takes no longer than one hour, instant fund delivery, and 24-hour customer support.

Date Founded: 2013

Funding Type: Private


ChangellyChangelly

Changelly is a cryptocurrency “swap” platform. It differs from the traditional crypto exchange in that users transfer a currency from one digital wallet into another instead of purchasing new funds with fiat currency. Changelly searches the marketplace for the most favorable exchange rate between the token types being exchanged then deposits the funds in the Changelly-linked wallet with a .5% fee. Customers can also use their Visa card to purchase crypto funds; in this way, Changelly also functions like a cryptocurrency exchange.

Date Founded: 2015

Funding Type: Private


CoinsBankCoinsBank

CoinsBank is a blockchain-driven platform for financial services, including a digital wallet and exchange. The CoinsBank exchange is licensed and doesn’t require customers to divulge any personal information to trade. Stop-loss and take-profit order features allow users to protect their assets from market dips. The CoinsBank wallet supports multiple currencies and can be linked directly to purchases from the CoinsBank exchange. The mobile app is available for both iPhone and Android devices.

Date Founded: 2016

Funding Type: Private


BitpandaBitpanda

Vienna-based Bitpanda is one of the more popular cryptocurrency exchanges in Europe. Users can purchase funds via nine different methods, including Visa, MasterCard, and bank transfer. It’s available 24 hours, seven days a week, and 21 different token types can be bought and sold on the Bitpanda platform. Bitpanda to Go is the mobile version of the platform, allowing users to access their portfolio on the computer and on the go.

Date Founded: December 15, 2014

Funding Type: ICO


TradeTrade.io

Trade.io is a Swiss cryptocurrency trading platform. Its goal is to circumvent the fee-riddled financial industry through the spread of cryptocurrencies and blockchain technology. The layout of the trade.io platform is highly customizable, allowing users to rearrange panels and windows how they please. Beyond the exchange, trade.io offers ICO consulting and angel investment, a liquidity pool for loan services, and a network of industry affiliates for other financial services.

Date Founded: September 2017

Funding Type: ICO


TokenyTokeny

Tokeny is a security token crowdsale platform. As the cryptocurrency marketplace continues to embrace compliance, the value of security tokens – considered a more regulator-friendly asset class – has risen. Everything from real estate to athletes are being tokenized, and Tokeny hopes to help the value of security tokens become tangible. Specifically, Tokeny will focus on tokenized equity in businesses, assets owned by individuals and companies, and investment funds. Their service will facilitate the compliance of new security tokens, then offer those tokens for sale on the Tokeny exchange and other regulated exchanges. Their securities servicing solutions are software that guides issuers and buyers of tokenized securities on how to manage their assets to remain compliant. In short, Tokeny is getting ahead of the securities token wave.

Date Founded: 2017

Funding Type: Private


DAEX

DAEX, an acronym for Digital Asset Exchange, is the equivalent of a clearinghouse for cryptocurrencies. DAEX serves the cryptocurrency industry by connecting multiple centralized exchanges and their customers. For those who need to secure payment but are experiencing roadblocks, DAEX serves as an open-source clearing service to connect financial institutions and individuals. Distributed ledger technology (DLT) validates the legitimacy of payments and debts, and DAEX ensures that the proper parties get compensated. The DAEX wallet holds user funds and is a necessary means for securing payment between two centralized parties.

Date Founded: 2018

Funding Type: ICO


Tokens.net

Tokens.net is a “next-generation” trading platform created by some of the good people of London. Aside from the ability to acquire, store, and sell funds, Tokens.net implements a way of offering competitive prices to retain their customers. Dynamic trading rights (DTR) dictate that trading fees are paid in the form of a token called DTR. The cost of these fees is determined by the overall trading volume of the DTR market. It’s an unconventional way of administering fees in a way that reflects the status of the platform, for better or worse.

Date Founded: August 2017

Funding Type: ICO


CovestingCovesting

Covesting is a licensed digital asset exchange founded in Gibraltar. The platform is compliant with European trading standards, and users can easily register to buy and sell cryptocurrencies. Covesting falls under the jurisdiction of the Gibraltar Financial Services Commission and Estonia’s Financial Intelligence Unit. The overt tip of the hat to regulators should be encouraging to users, who can rest assured that their assets are being stored and handled carefully. Features of the platform include real-time market data and charting tools, real-time portfolio reporting, and access to the moves of some leading cryptocurrency traders. The platform is accessible through both mobile and desktop.

Date Founded: October 20, 2017

Funding Type: ICO


EXMOEXMO

EXMO is an international cryptocurrency exchange founded in Barcelona, Spain. The platform claims more than 1.6 million users across more than 170 countries who use EXMO as a means to invest, exchange tokens, or play the markets. Six different fiat currencies can be deposited to purchase funds on the EXMO exchange. The fact that the company maintains headquarters in Moscow, Kiev, and London – in addition to Barcelona – has helped expand the exchange’s sphere of influence. The platform includes an application programming interface (API) in addition to its trading capabilities. This allow developers the power to create original applications using the EXMO protocol.

Date Founded: February 2014

Funding Type: Private


BitBayBitBay

BitBay emerged on the market in 2014 as the first cryptocurrency exchange to cater primarily to the Polish community. Users could initially buy bitcoin and Litecoin on BitBay, and after an interface update in 2015 they could also purchase Lisk and ether. In September 2017 the BitBay team unveiled the latest version of the platform, BitBay 3.0. Customers can purchase 33 different tokens on the new version of BitBay. And with a BitBay account, there are no withdrawal, deposit, or account management fees. BitBay users can also make offline payments, exchange funds internationally, make investments, and use a BitBay debit card for in-person purchases. BitBay won Best Cryptocurrency Exchange at the 2017 Cryptocurrency World Expo and Best Cryptocurrency Exchange at the 2018 Berlin Summit.

Date Founded: 2014

Funding Type: ICO


CoinfalconCoinFalcon

CoinFalcon is a London-based digital currency exchange serving the European population. All deposits to the platform are free, and withdrawing Nano and IOTA cryptocurrencies is also free of charge. Fees for withdrawing various other currencies and making trades are listed on the CoinFalcon site. 98% of CoinFalcon’s reserve currencies are stored in offline wallets, insulating the vast majority of user funds from theft. Customers will also enjoy instant trading of more than 50 tokens once they have deposited their euros. Users who entice their friends to trade on CoinFalcon will receive half of that friend’s trading commissions – a sweet perk of spreading the word.

Date Founded: October 2017

Funding Type: Private


Genesis VisionGenesis Vision

Genesis Vision is a blockchain-powered platform for managers of private trusts and their investors. The aim of Genesis Vision is to “combine exchangers, brokers, traders, and investors” into a single platform. This consolidation is possible due to blockchain technology, which powers smart contracts and necessary protocols that make the platform run. Let’s break down the benefits of Genesis Vision for its target customers: investors, managers/funds, and brokers.

Investors entrust their funds to money managers, whose moves are transparent via Genesis Vision’s distributed ledger technology (DLT). Managers oversee investors’ capital, and they receive a proportional share of revenues based on assets’ performance. In this model, the investor and money manager both have incentive to see steady gains. Brokers afford managers access to financial tools and over-the-counter markets that may further boost investment revenues. With smart contracts holding each party to their word and revenue split, the element of trust is inherent in Genesis Vision.

Date Founded: November 20, 2017

Funding Type: ICO


SolidiSolidi

Solidi is an exchange that specializes in the purchase and sale of bitcoin. New entrants to crypto markets generally know of bitcoin, but aren’t sure how to get their feet wet when it comes to trading. Solidi aims to hold new investors’ hands, offering an easy-to-navigate platform and fair trading terms. The Solidi team claims that users can buy their first bitcoin “in less than five minutes” with as few as two British pounds. Solidi doesn’t require identity verification documents to deposit and transfers funds directly into a user’s bank account when they sell their bitcoin. For those looking for a straightforward, single-currency exchange, Solidi is a strong option.

Date Founded: January 28, 2015

Funding Type: Private


BlockchainioBlockchain.io

The team behind Blockchain.io envision it as what will be the largest crypto-to-crypto exchange in Europe. They have the infrastructure in place; Blockchain.io is the scion of Paymium.com, one of the oldest bitcoin exchanges founded in 2011. Not only are Paymium’s underlying protocols proven to work, their status is also settled with French regulators, a major hurdle already cleared. All Paymium customers will automatically receive a Blockchain.io account. While Paymium will remain the cryptocurrency exchange for those buying tokens with fiat currency, Blockchain.io will serve as host for those exchanging crypto for crypto. Other features of the Blockchain.io platform include ICO planning services, peer-to-peer lending, and advanced trading orders.

Date Founded: 2017

Funding Type: ICO


CoinhouseCoinhouse

Coinhouse is a French cryptocurrency exchange where users create a personal or corporate account and then get investing. Investors deposit funds via credit card or wire transfer, at which point they can buy more than 200 different crypto assets. The Coinhouse Blue platform is the free version. Subscribers of this package have the ability to invest in Coinhouse’s “main” crypto assets, plus access to Coinhouse content and events. Blue users must pay a 4.9% commission on purchases and a 3.9% fee on sales. Those who upgrade to Coinhouse’s Premium service pay only a 2% commission on each transaction and have access to all of Coinhouse’s 250-plus crypto assets. Premium users also pair with a “dedicated relationship manager” to assist with asset allocation and receive market insights based on their own holdings.

Date Founded: May 10, 2014

Funding Type: Venture-backed


SOL WalletSOL Wallet

SOL Wallet is a banking substitute created for the people of South Africa. Self-dubbed a “neobank”, SOL Wallet is more than just an exchange or a wallet. It does function as an exchange; wallet holders  can purchase bitcoin, ether, and other cryptocurrencies with once they’ve made a deposit. And, it also functions as a wallet; users can easily open multi-currency accounts to store their fiat and digital assets. But SOL Wallet is more than the sum of its exchange and wallet functionality. That’s because those who use the service as a neobank can also send and receive funds without fees, exchange fiat and cryptocurrencies at prevailing interbank rates (again, with no additional fees), and open an account for free. This is more than the average bank will offer.

Date Founded: September 5, 2017

Funding Type: Private


CoindirectCoindirect

Coindirect is a digital asset exchange created by a team from the Isle of Man for an American audience. The Coindirect platform is a way for investors to purchase more than 43 different cryptocurrencies using US dollars. Users can sign up for free, deposit dollars or transfer digital currency from another wallet, and hit the markets running. Options for trading include purchasing or selling on the peer-to-peer exchange, converting tokens directly from Coindirect’s reserves, or testing the advanced cryptocurrency exchange with more purchase types. Coindirect is a mobile platform available on iOS and Android devices and is compliant with the Isle of Man Financial Services Authority.

Date Founded: October 25, 2017

Funding Type: Private


Crypto RoboticsCrypto Robotics

Crypto Robotics is a trading platform with more gadgets than most. It’s actually a trading terminal for cryptocurrency, akin to the terminals used in the stock market for years. The terminals are software or interfaces that place purchase orders through a broker, who can execute the trade more quickly. More modern terminals can carry out other tasks like monitoring key market conditions to determine when to execute a trade. The vision of the Crypto Robotics team is to bring this evolving terminal technology to cryptocurrency investors. Their freemium platform deploys AI for trading algorithms that monitors experienced traders to recognize trends and gauge market conditions. I, Crypto Robotics, if you will.

ICO: May 20, 2018

Funding Type: ICO


TRASTRATRASTRA

TRASTA is an alternative for those who don’t have access to or aren’t happy with their bank. Developed by a team from London, the platform is a true blend between proven banking infrastructure and the potential of blockchain. Each TRASTA customer is issued an international bank account number (IBAN), a standard of trust used in most modern nations. This is coupled with a cryptocurrency wallet protected by two-factor authentication and powered by Ethereum and Bitcoin blockchains. One can withdraw funds from the wallet using the TRASTA Payment card. The plastic card can be used at any ATM or used to make online purchase in US dollars or euros. Together, the ATM card, IBAN number, digital wallet, and token exchange are a reflection of hybrid banking solutions emerging more and more.

Date Founded: August 2017

Funding Type: Private


EZ ExchangeEZ Exchange

EZ Exchange is a cryptocurrency exchange platform to be launched in 2019 that will include a digital wallet. Users will be able to deposit money through their personal wallet on the EZ Exchange platform, then transfer that money to their EZ Hot Wallet. From there they can buy the digital currency of their choice of those available on the platform. Though not yet active, the EZ Exchange platform has concluded its token sale and a beta version is set for launch in Q1 2019.

Date Founded: January 2018

Funding Type: ICO


Flyp.me

London-based Flyp.me is a registration-free trading platform for cryptocurrency investors. Flyp.me was created by the team behind Holy Transaction, a multi-currency digital wallet that is embedded alongside the Flyp.me exchange. More than 30 different cryptocurrencies are available for purchase, including the platform’s native FYP token. The pool of users who purchase and own FYP tokens are gifted 50% of revenues from the accountless exchange feature of Flyp.me. The feature lets users exchange tokens without requiring as much as an email, and the cost of using the service goes (in part) back to investors. It’s a way of rewarding loyalty for supporting the Flyp.me platform that isn’t common among crypto exchanges.

Date Founded: 2016

Funding Type: ICO


BitcoveBitcove

Bitcove is an Irish startup bullish on Bitcoin and eager to help Europeans convert their euros to cryptocurrency. The platform walks users through the process of establishing a unique digital wallet, sending a purchase order, and depositing the necessary funds to complete it. When it comes time to sell, Bitcove lets users issue a sell order, send their Bitcoin into the exchange, and then receive funds directly into their bank account. Aside from bitcoin, Bitcove traders can trade Ripple, Monero, Litecoin, ether, Bitcoin Cash, and Stellar on the exchange. The blueprint isn’t all that different from most digital exchanges, but Bitcove hopes its status as one of the few Irish exchanges – along with reliable operations – will solidify its reputation in the space.


BitExBitEx.ie

BitEx is one of the oldest Irish Bitcoin exchanges. Founded in Dublin, they were the first company to be certified by the Blockchain Standards Authority of Ireland (BSAI). Their business model requires that users open an account of 300 euros or more, present their passport and proof of residency before beginning trading. They are also a Bitcoin-exclusive trading service, which may not be for everybody.

Date Founded: 2013

Funding Type: Private


LXMILXMI

LXMI is a hybrid cryptocurrency trading platform, meaning that users can purchase digital assets with fiat money or other cryptocurrencies. Established in the Czech Republic, LXMI lets its customers purchase as many as 150 different tokens via the LXMI exchange. Their digital wallet is non-custodial; in other words, users maintain sole ownership of their valuable private keys. The Atomic Swap wallet is the site of crypto-for-crypto trades, which occur without any intermediaries. The wallet is also able to accomodate cross-chain token transfers, meaning that a user can transfer their tokens from an outside wallet to their LXMI reserve. And with algorithm-assisted, “military-grade” security, users should not be too concerned with hacks or malicious servers turning tokens into ether.

Date Founded: 2017

Funding Type: Private


BenBen

Ben is a cryptocurrency exchange with an educational twist. It is somewhat limited in its offerings token-wise – users can only buy and sell bitcoin and ether – but it makes up for relatively scant token offerings with alternate features. The platform offers lessons on the “Bitcoin Basics”, “Ethereum Basics”, “The Bitcoin Blockchain”, and “The History of Bitcoin”. The thinking is sound: before you invest, you should probably know what the heck you’re investing in. While its array of for-sale tokens reflects the idea that less can truly be more, the totality of the platform suggests that Ben is more than initially meets the eye. Its status as one of Apple’s Weekly Favorite Apps indicates that the Ben blueprint is working out just fine.

Date Founded: October 26, 2017

Funding Type: Private


ARWENArwen

Formerly known as Commonwealth Crypto, Arwen is a digital trading platform that makes security paramount. Unlike many crypto exchanges, Arwen is actually centralized, as opposed to decentralized. This may scare some, but the Arwen team believes it shouldn’t. According to them, all the measures have been put in place to ensure security will not be a concern. The credit for this goes to the Arwen Trading Protocol, which in-house cloud, cryptography, and network security experts crafted. It essentially creates a secure escrow system based on blockchain technology. When a user purchases bitcoin, litecoin, or some other currency, both their funds and the tokens being purchased are held in escrow accounts. When all terms of the deal – in this case, both parties’ funds being in escrow – are fulfilled, the transaction is completed. It’s a typical digital currency exchange, only centralized.

Date Founded: 2017

Funding Type: Private


PortionPortion

New York City is the heart of the American art scene, so it makes sense that a cryptocurrency-powered trading platform for art and collectibles was created by a team from the Big Apple. Portion is a free-market solution for art collection that relies on smart contracts and cryptocurrencies to function. At its core, Portion is a decentralized exchange. Users browse art and other collectibles, place bids (or asks, on the sell-side), and hope that their offer is up to snuff. Each item is certificated for authenticity and provenance, and all collections remain anonymous. A smart contract verifies that the necessary funds are in the buyer’s possession and, voila, you’ve got yourself an art sale on the blockchain. All exchange fees are distributed among the Portion community, so even losing bidders win (silver lining?).

Beyond the exchange marketplace, Portion offers cryptocurrency loans backed by collectible portfolios and insurance policies for items purchased on the platform.

Date Founded: November 10, 2016

Funding Type: Private


UpholdUphold

Uphold, once known as Bitreserve, is a San Francisco-based digital money platform for the management and exchange of digital and traditional currencies. The platform’s offerings are more diverse than most; with 23 fiat currencies, 9 cryptocurrencies, and 4 precious metals available as tender, it’s a platform for those with diverse portfolios. Users can send money to more than 150 countries using the app, purchase and convert different currencies and metals, earn interest on their holdings, and even borrow money (coming soon) on a single interface. Uphold is not putting its eggs in any one basket, and those who prefer a versatile money management platform will likely be drawn to Uphold’s slate of offerings.

Date Founded: 2014

Funding Type: Equity Crowdfunding


OKCoinOKCoin

OKCoin is one of the earliest digital asset exchanges to go live. Users can purchase seven different digital currencies using US dollars, bitcoin, or ether. Much of OKCoin’s appeal comes from a user-friendly mobile platform, security proven over nearly six years, and a team of staff with background in the regulatory, financial, and technology-centric institutions. The OKCoin interface is available on the Google Play and the Apple App Store.

Date Founded: June 1, 2013

Funding Type: Venture-backed


KRAKENKraken

Kraken is a digital currency exchange with over 4 million clients and more than $140 billion in traded funds from over 190 countries since 2011. Its creators designed the Kraken platform to cater to both beginners and seasoned traders. The interface leads the proverbial horse to water, allowing first-time users to easily figure out how to deposit funds and start buying. Those with a preconceived strategy can trade according to long or short-term strategies, engage in margin and futures trading, and leverage their portfolio cleverly. The more a user trades, the lower their trading fee becomes; eventually, it could hit the zero-percent mark. Kraken’s site alone makes it clear that they are dedicated to a visually-appealing, user-first approach to trading cryptocurrencies.

Date Founded: July 2011

Funding Type: Venture-backed


CoinsquareCoinsquare

Coinsquare is one of the most well-known cryptocurrency exchanges not only on this list, but in the world. The Toronto-based outfit has never lost a coin since their founding in 2014, which is impressive considering industry-wide uncertainty with respect to security. Since 2014 the Coinsquare team has refined the platform, adding features and trimming the fat. One of those features is QuickTrade, which lets users trade any two currencies – fiat or crypto – instantly. Nine different crypto tokens are available for purchase on Coinsquare, including ether, bitcoin, Dash, and Ripple. There is no minimum trade amount, the platform works on any device, and Coinsquare is available internationally. In other words, the Coinsquare team casts a wide net, and their notoriety suggests that the majority of customers don’t just try Coinsquare, they stick with Coinsquare.

Date Founded: 2014

Funding Type: Venture-backed


CoinbaseCoinbase

One of the most well known of all cryptocurrency exchanges, Coinbase is a go-to platform for beginning and established traders alike. Of course, like any heavy hitter of industry Coinbase has its share of detractors, but that’s inevitable considering it’s been around since 2012. Here’s what Coinbase offers: purchase and sale of most major cryptocurrencies (naturally), a well-earned reputation for top-flight security and reliability, insurance for digital portfolios, offline storage of the vast majority of assets, and an industry-leading brand name. The portfolio management interface is straightforward, and additional tools such as recurring buys are useful for more sophisticated investors. Plus, it’s based in Silicon Valley. For those looking for a safe, trustworthy exchange, Coinbase is tough to ignore.   

Date Founded: June 1, 2012

Funding Type: Venture-backed


Robinhood

Robinhood is the platform responsible for getting a generation of amateur investors into the trading game. The mobile stock brokerage began as a means for investors to trade stocks without fees or commissions. It has since evolved into a platform for trading cryptocurrencies without fees or commissions. The interface is extremely easy to use and includes market updates and relevant news based on your portfolio. Experienced traders can sign up for Robinhood Gold to get access to more in-depth charts, margin trading, and more advanced trading tools. Robinhood had a proven model for stock trading, took it to cryptocurrencies, and didn’t lose a step.

Date Founded: 2013

Funding Type: Venture-backed


GeminiGemini

Gemini is a New York City-based digital asset exchange that also functions as a money management platform. The sticking point for Gemini management, which happens to include the Winklevoss twins, is compliance. Far from a corner-cutting operation that’s little more than a haven for money launderers, Gemini was built with a long-term view of regulation; it’s going to come, so why not swim with the regulatory current instead of against it?

Gemini is licensed as a fiduciary and custodian, meaning that they handle some clients’ assets on their behalf. It also is one of the more developed cryptocurrency exchanges, with several order types and execution options. All fiat customer funds are held in FDIC-insured banks, and the majority of digital funds are held in cold storage. As a member of the New York trust network and regulated by New York State Department of Financial Services, Gemini doesn’t take transparency lightly.

Date Founded: 2015

Funding Type: Private


Bittrex

Bittrex is a cryptocurrency exchange headquartered in Seattle, Washington. They offer many of the features of other top exchanges: rapid trade execution, a high-quality digital wallet, a slew of cryptocurrencies, and dependable security. That’s not to minimize Bittrex as an exchange – quite the contrary. These are the pillars of any worthwhile cryptocurrency exchange, and Bittrex offers them. A differentiating feature of Bittrex is its blockchain incubators initiative. It is Bittrex’s mission to help develop new coins around the world to promote innovation and uncover hidden value. By serving as advisor and host exchange for promising new tokens, the Bittrex team is advancing their mission. 

Date Founded: 2014

Funding Type: Private


PoloniexPoloniex

Poloniex is a cryptocurrency exchange with over 60 tokens available for trade. The platform’s advanced programming interface (API) allows users to engage deeper with the exchange by accessing underlying market data. While it may not be necessary or appealing for the novice trader, more advanced investors will appreciate the feature. The platform’s managers are open about welcoming developers’ ideas for consideration, whether it is a new token or vision for improving the exchange. It’s not realistic to think that most of those ideas will be embraced, but the sentiment furthers Poloniex’s reputation as an exchange of the people.  

Date Founded: 2014

Funding Type: Private


EMXEMX

EMX is a yet-to-be-launched cryptocurrency exchange for trading futures, commodities, and equity. EMX represents a relatively untapped concept, hence why it’s yet to go live. With the backing of a cryptocurrency portfolio as collateral, EMX users can leverage their digital tokens as a contract. With those contracts, they can then take a stake in the future of silver, the US dollar, or the price of oil. For those who have amassed crypto tokens and want to try their hand at margin trading, they can also do it via EMX. As opposed to having to open multiple different accounts the old way, all these trades will be possible on a single platform if EMX ultimately succeeds. It’s a blend of proven trading methods and still-evolving cryptocurrencies that parlays the old with the new.

Funding Type: Private


SparkswapSparkswap

Sparkswap is a cryptocurrency exchange built on the Lightning payment protocol network. The Lightning network is an answer to critics who note the scalability limits of many blockchains. Sparkswap leverages the network’s mix of centralized and decentralized features to its advantage. Users don’t have to share their private keys with third parties, can settle trades at the speed of a centralized exchange, and execute transactions across blockchains. The Lightning network was chosen to ensure that the number of users on the exchange doesn’t become an issue. It’s scalability helps avoid transaction slowdowns related to unusually high traffic on the platform.

Date Founded: 2017

Funding Type: Private


CumberlandCumberland

Cumberland is a Chicago-based digital asset exchange scaled for institutional investors. The Cumberland exchange offers more than 30 cryptocurrencies for sale. Cumberland falls under the umbrella of DRW, a principal trading firm also headquartered in Chicago. Their mission is to bridge technology with trading, and Cumberland represents DRW submerging their feet in the cryptocurrency space. DRW has been in business for over 25 years, giving them a deeper understanding of the global markets than many exchange management teams. Individuals and businesses can both trade with Cumberland, but they’ll have to undergo a substantial onboarding process, as exchanges with ties to legacy markets take compliance seriously. Cumberland is no exception.

Date Founded: 2014

Funding Type: Private


CoinanceCoinance

Coinance is more than a cryptocurrency exchange; it’s a financial management app for digital currency owners. It serves as a sort of umbrella exchange, letting the user manage their portfolios across different exchanges from a single source. Coinance users will be able to link their outside accounts to the app on their iOS or Android device. This will eliminate the need to sign into Coinbase, Kraken, Bittrex, Poloniex, Binance, GDAX, and Bitfinex separately to make trades or check balances. With these seven exchanges partering with Coinance – and more to come – users will be able to manage more than 1,000 different tokens from the Coinance app.

Date Founded: June 1, 2018

Funding Type: Private


LGO ExchangeLGO Exchange

LGO Exchange, short for Legolas Exchange, is the cryptocurrency trading wing of New York City-based LGO Group, an advertising company. The trading platform is designed for “experienced traders” but won’t turn down first-timers either. The exchange is a hybrid, combining features of centralized and decentralized models. Both fiat and cryptocurrency trading will be supported. There aren’t many details available about the LGO exchange, other than that it is “demonstrably fair” and secure.

Funding Type: Private


CryptoBridgeCryptoBridge

CryptoBridge is a decentralized platform that serves as a gateway to BitShares (BTS) exchange. CryptoBridge is a desktop platform that comes with an online token wallet. It is separate from BitShares in that it allows users to store their funds with perks – namely, compound interest on investments paid out biweekly. It is powered by the Graphene blockchain, which processes as many as 100,000 transactions per second. The average confirmation time for a trade on the Graphene blockchain is three seconds. Speed is obviously one of the selling points of the CryptoBridge platform, as is its broad array of altcoins and nascent tokens available for purchase.

Date Founded: 2017

Funding Type: Private


CoinsmartCoinSmart

CoinSmart is a Toronto-based cryptocurrency exchange aiming to educate its customer base as they trade. The  CoinSmart GetSmart Hub is a way for users to learn about cryptocurrency. It’s set up in three tiers: Smart, Savvy, and Genius. As you might guess, each tier corresponds to the reader’s level of knowledge about cryptocurrency investing. The SmartTrade feature is how users purchase and sell tokens with a single click. After a user deposits funds, they can trade in seven token types; bitcoin, Litecoin, ether, Ripple, Monero, Dash, and Bitcoin Cash. CoinSmart has the backing of Canadian banks to ensure users funds. Signup and deposits are completed on the same day, and withdrawals take no more than five days to process. The platform also has one of the more enticing referral policies on the market; users receive $25 for each person they refer for signup.

Date Founded: 2018

Funding Type: Private


1Konto1Konto

1Konto is a cryptocurrency exchange in the regulatory approval stage. Created by a team from Philadelphia, Pennsylvania, the vision for 1Konto is clear even though the platform has yet to launch a beta version. It will be an aggregate exchange where users can access their accounts on various exchanges from a single dashboard. 1Konto ssers will also be able to exchange cryptocurrency pairs that many other exchanges don’t permit. Instead of having to clear multiple hurdles to change positions, 1Konto will grant more freedom to exchange more token types directly. Because market prices vary from exchange to exchange, the 1Konto team is designing a way for traders to take advantage of market inefficiencies. Instead of having to transfer funds from one exchange to another, 1Konto will allow instant purchase and sale across exchanges to put customers in a better position to engage in arbitrage. If these promises are delivered upon in the live version of 1Konto, the platform could attract an eager following.

Date Founded: 2018

Funding Type: Private


ContractLand

ContractLand is a platform built specifically to host cryptocurrency exchanges. ContractLand’s application-specific blockchain, Terra-Chain, contains the protocol that enables the secure completion of transactions. The Terra-Chain is the engine of the ContractLand platform, where users can buy, sell, and exchange various tokens. The platform remains in development, but users can look forward to trading on ContractLand without fees. It’s a platform with promise that remains to be fulfilled.

ICO: December 1, 2018

Funding Type: ICO


CoinsaveCoinsave

Coinsave is a digital exchange platform for trading cryptocurrencies in Canada. A team from Montreal created the platform to serve the Canadian crypto community. They intentionally made the interface sleek and easy to use – traders like that sort of thing. Users can get going with a quick verification process and a deposit of twenty Canadian bucks. While funding and withdrawals are limited to $3,000, there are no fees for either. Each purchase and sale of coins does carry a 1.75 percent fee, however. The Coinsave team announced in January that they’d be integrating Dash into the platform. That means that users will soon be able to transfer Dash from their Coinsave account to external wallets. It’s an important addition to a platform looking to explore its full potential.

ICO: December 27, 2017

Funding Type: Private


DDEX

DDEX is a Beijing-based crypto exchange. The novice trader might not care, but DDEX is built on Hydro Protocol technology. It’s an open-source framework specifically designed to power decentralized exchanges. The perks are that it executes trades instantly, has built-in security features, and powers real-time order matching. DDEX users can trade tokens powered by the Ethereum blockchain such as Augur, Gemini Dollar, and Maker. Ethereum smart contracts ensure that both partices in each trade receive the promised assets. Because it’s decentralized, the DDEX platform keeps funds in the hands of traders. Assets are transferred directly between buyer and seller with no third-party intervention. This keeps funds safe and costs low.  

ICO: 2017

Funding Type: Private


DetherDether

Dether has an enthusastic mission: to connect the world of crypto-trading individuals and businesses, starting with their decentralized token exchange. The Parisian cryptocurrency startup has successfully integrated the purchase of ERC20 tokens – those based on the Ethereum blockchain – into its iOS and Android platforms. Users can sell ether, but not the other ERC20 tokens. At least not yet.

The next stop on the Dether roadmap is adding more tokens to the exchange via manual listings and enabling users to sell their ERC20 tokens. Right now users can buy ether and other ERC20 tokens and spend them at participating vendors. They don’t need a bank account to do it – all they need is a cell phone and internet access. Dether can’t be spelled without “ether”, and that’s no accident. But the more features and tokens the platform adds, the greater chance it will have to thrive.

Date Founded: March 2017

Funding Type: ICO


TokiaTokia

Tokia is an cryptocurrency exchange with market cap over $150,000. Activating a Tokia trading account requires three steps: sign up, deposit funds, begin trading. The Tokia team has made it easy to buy and sell Bitcoin and other crypto assets. Tokens for sale on Tokia include bitcoin, Ripple, litecoin, and ether. Because it’s a European company, all deposits must be made in euros. The platform touts the features of all the best exchanges: security, quick trading, and low fees. The mobile version of Tokia is still in development, and the Tokia team is optimistic that it will be a differentiating factor amongst the competition.

ICO: December 4, 2017

Funding Type: ICO


BlockEx

London-based BlockEx is a fintech company with a digital asset exchange as one of their core offerings. Users can purchase and sell major crypto tokens on the exchange, but it also caters to those launching new coins. BlockEx management oversees coin launches through the origination and issuance stages. Once a coin goes live, it’s available for purchase and sale on the BlockEx exchange. The BlockEx Digital Asset Exchange Platform (DAxP) is an application programming interface, meaning that it can be used as the basis for other independent platforms. This is good news for anybody who wants to design their own financial service on the blockchain. BlockEx features a brokerage software and the exchange is high-frequency-trading capable. With a token exchange, the capability of issuing new tokens, brokerage tools, and an adoptable API, BlockEx is one of the more robust exchanges+ in the marketplace.

Date Founded: 2014

Funding Type: ICO


LocalCoinSwapLocalCoinSwap

LocalCoinSwap lets users trade more than 20 different cryptocurrencies without regional restrictions. There is no real registration process to enroll in LocalCoinSwap. The LocalCoinSwap site states that participants can use “any payment method from anywhere in the world” to deposit funds, which is more than many exchanges will offer. Each user is issued their own unique digital wallet for storing funds and tokens after they’ve registered. All trades, market conditions, and news updates can be monitored from the personal dashboard on the LocalCoinSwap platform. Registration is open now.

ICO: April 15, 2018

Funding Type: ICO


StreamityStreamity

Streamity is the company behind StreamDesk, a decentralized cryptocurrency exchange application. Every trade on StreamDesk is contingent on smart contracts. Funds are locked in a smart contract, and when the buyer fulfills the purchase price in fiat money, the tokens are released. Think of it as escrow on the blockchain – that’s the function that smart contracts serve. Except unlike an escrow service, which typically requires a third party, SmartDesk uses smart contracts. This unpaid, fee-free intermediary technology between buyer and seller requires no compensation, and that’s a big deal. It’s the primary reason so many exchanges rely on smart contracts in lieu of escrow services. Despite the promise of StreamDesk, the platform remains in the beta stage. The true test of its worth will come when StreamDesk goes live, with the target date of Q3 2019.

ICO: June 25, 2018

Funding Type: ICO


MothershipMothership

Mothership, in this case, isn’t a reference to a gargantuan interstellar spacecraft in your science fiction movie of choice. It’s a digital asset exchange developed by a team in Estonia. Warning: the platform isn’t live just yet. There’s a waiting list taking shape to determine who the first users will be. Details of the exchange are relatively scant. There’s talk of dedication to security. There’s reported “support” from the Estonian government for the project. Regulation of Mothership falls under the jurisdiction of the European Union, which is a comfort. But there’s one carrot that trumps all others when it comes to fostering interest in the exchange: the trading tournament.

Again, how this trading tournament will unfold is a bit of a mystery. But one fact is crystal clear: the winner will receive an all-expense-paid, five-day trip to Estonia to attend the launch of the Mothership platform in person. Did I mention that they’ll also be attending Mothership’s party commemorating the opening of a new office? Can you really say with a straight face that your interest in Mothership isn’t piqued?

Date Founded: 2017

Funding Type: ICO


JOYSOJOYSO

JOYSO is a hybrid decentralized exchange based in Taiwan. The idea behind hybrid exchanges is to take the best of centralized and decentralized exchanges and combine them. All private keys are stored decentrally. That way, no hacking of any central database will compromise the security of users’ accounts. But decentralized networks are difficult to scale, inhibiting their potential speed. That’s where JOYSO and other hybrid exchanges turn to centralized technologies. Each order is transmitted through the central servers at a rate that wouldn’t be possible in a decentralized exchange. Users can trade ERC20 tokens on the JOYSO exchange. Additional features include smart contract-powered transactions, smart match trading algorithms, and 50% off trading fees when using JOY tokens.

ICO: March 1, 2018

Funding Type: ICO


BitforexBitForex

BitForex is a relatively massive cryptocurrency exchange platform based in Singapore. The trading volume of BitForex is over $464 million. The company also has physical locations in Hong Kong, Philippines, Malaysia, Germany, and Estonia – a testament to how widespread the platform’s reach has become. It’s true that being one of the more popular exchanges in the marketplace requires a stroke of luck. Early entrance, fortuitous financial support, and industry connections all help. But BitForex has to get credit for delivering a quality product, regardless of how it may have gotten a foothold in the cryptocurrency exchange marketplace. With users in more than 186 countries, it’s apparent that BitForex is getting it right in terms of security (by not losing coins), transaction speed, and pricing. For that, the BitForex team deserves much credit.


DigitexDigitex

Digitex is a digital platform for trading cryptocurrency futures. It’s not often that an exchange ventures beyond the realm of simply buying and selling digital tokens. Speculating on crypto futures is a relatively lonely game, but Digitex clearly sees opportunity in the market. Users can bet on the future prices of bitcoin, ether, and Litecoin against the value of the US dollar. The result of these trades – profit or loss – is paid back to the user in the platform’s native token, DGTX. Futures trading has never been a conservative man’s game, and it takes a shrewd cat with uncommon perspective and/or information to make it out of the futures market with their cash, let alone a profit. But for the bold and brave speculating on cryptocurrency prices, Digitex presents an outlet to lay their bets.

Date Founded: 2017

Funding Type: ICO


MandalaMandala

Mandala is a Malta-based digital asset exchange. The Mandala design team has made it easy for users to get acquainted with the platform via built-in tutorials. The platform is sleek and easy-to-navigate, but its also customizable for those who prefer to re-arrange windows or just add a personal touch to their dashboard. Algorithmic trading bots offers strategies for those who want assistance, and social integration makes Mandala one of the more interactive exchanges. Mandala also offers “Level 2 trading” for more experienced users, a risk management strategy system, and trade signalling that alerts when a move would be prudent based on historical trends. These tools are more advanced than many exchanges offer, and they’re a large reason why Mandala is worth a look.

Date Founded: July 13, 2018

Funding Type: ICO


TradebitsTradebits

Tradebits is a digital currency exchange still in the developmental stages. Their whitepaper provides enough insight to envision how the Tradebits ecosystem will look. The Tradebits infrastructure is being designed to be highly scalable. The goal is for 100 million users to be able to access the exchange without issue. An ambitious goal to be certain, but one the Tradebits team believes is within reach. Speed won’t be an issue, either. The Tradebits platform will execute millions of transactions per second if all goes according to plan. 40 percent of all trading fees will go towards purchasing more of the native XBITS token, a measure to drive the price up and, in doing so, elevate the value of the exchange itself. Time will tell if Tradebits is ultimately successful, but their plan certainly passes the smell test.

Date Founded: January 1, 2014

Funding Type: Private


GoodXGoodX Finance Network

GoodX Finance Network is a Swiss fintech company that offers a digital asset exchange among its services. The GoodX platform is several services rolled into one. Users can invest in fiat currencies, cryptocurrencies, and gold. They can make peer-to-peer payments in crypto, fiat, or gold. Users can trade cryptocurrencies (what kind of exchange would it be if they couldn’t, after all?). And each user has the option of receiving a credit card linked to their assets via an international bank account number (IBAN). These are all useful services on their own. The GoodX Finance Network team believes that by combing them, they’ll offer an appealing product that delivers value to customers. Pre-registration for the platform is underway.

Date Founded: 2018

Funding Type: Private


AlphaPointAlphaPoint

AlphaPoint is a bit different than every other company and exchange on this list. It’s a service for tokenizing illiquid assets, which makes it stand apart – and it goes a step further. Once a company uses AlphaPoint to tokenize an asset, they then can issue that asset on the AlphaPoint exchange. So while AlphaPoint is an exchange, it’s much more. The majority of assets tokenized on AlphaPoint are security tokens, a more regulatory-compliant form of digital currency. But it’s not just tokens that users can create using AlphaPoint. The platform also accommodates those who want to create a full-blown exchange. AlphaPoint’s exchange software is a relatively quick way to launch a new digital asset exchange. The company wants to augment the existing infrastructure of the cryptocurrency exchange marketplace. Their product offerings show that the sentiment isn’t empty bluster – they offer a roster actionable tools for the creation of new tokens and exchanges.

Date Founded: February 1, 2013

Funding Type: Venture-backed

About Sam Mire

Sam is a Market Research Analyst at Front Lines Media. He's a trained journalist with experience in the field of disruptive technology. He’s versed in the impact that blockchain technology is having on industries of today, from healthcare to cannabis. He’s written extensively on the individuals and companies shaping the future of tech, working directly with many of them to advance their vision. Sam is known for writing work that brings value to industry professionals and the generally curious – as well as an occasional smile to the face.

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