How Leading Crypto Exchanges Are Ranked
CoinMarketCap evaluates cryptocurrency exchanges based on:
- Traffic metrics
- Market liquidity
- Reported trading volumes
- Confidence score (measuring volume authenticity)
👉 Discover real-time crypto exchange rankings
Top 10 Cryptocurrency Exchanges (24h Trading Volume)
| Rank | Exchange | 24h Volume (NT$) | Avg. Liquidity | Weekly Visits | Markets | Coins | Fiat Support |
|------|--------------------|-------------------------|----------------|---------------|---------|-------|-----------------------|
| 1 | Binance | NT$365,170,020,684 | 925 | 9,670,577 | 1,998 | 517 | EUR, GBP, BRL +8 |
| 2 | Bybit | NT$80,617,306,315 | 723 | 3,482,817 | 1,218 | 733 | USD, EUR, GBP +3 |
| 3 | Coinbase Exchange | NT$49,086,638,126 | 797 | 28,065 | 443 | 297 | USD, EUR, GBP |
| 4 | Upbit | NT$54,936,808,700 | 515 | 1,376,787 | 517 | 256 | KRW |
| 5 | OKX | NT$57,049,411,601 | 801 | 5,375,038 | 1,037 | 343 | AED, ARS, AUD +43 |
| 6 | Bitget | NT$91,645,944,258 | 698 | 3,396,230 | 1,302 | 751 | USD, EUR, GBP +12 |
| 7 | MEXC | NT$80,066,289,958 | 656 | 7,091,839 | 2,996 | 1,984 | EUR, USD, GBP +12 |
| 8 | Gate.io | NT$69,383,578,866 | 624 | 3,235,678 | 2,820 | 2,062 | EUR, USD, GBP +19 |
| 9 | KuCoin | NT$29,031,525,370 | 731 | 2,426,054 | 1,614 | 1,000 | USD, AED, ARS +45 |
| 10 | HTX | NT$66,361,372,413 | 485 | 5,998,701 | 943 | 715 | ALL, AUD, BRL +47 |
Key Metrics Explained
- Liquidity Score: Higher values indicate easier trades with minimal price slippage.
- Fiat Support: Exchanges supporting USD, EUR, or local currencies simplify onboarding.
- Market Pairs: More trading pairs offer diversified investment options.
👉 Compare liquidity across top exchanges
Emerging Exchanges Worth Watching
Additional platforms with growing traction:
- Crypto.com Exchange
- Kraken
- Bitfinex
- BingX
- Gemini
FAQ: Choosing a Cryptocurrency Exchange
1. How does CoinMarketCap verify exchange volumes?
CoinMarketCap uses a Confidence Score algorithm to detect inflated or fake volumes, prioritizing exchanges with transparent reporting.
2. Which exchange is best for beginners?
Coinbase Exchange and Binance offer intuitive interfaces, educational resources, and robust fiat support.
3. Are decentralized exchanges (DEXs) ranked here?
No. This list focuses on centralized spot exchanges. For DEXs, check dedicated DeFi rankings.
4. Why is liquidity important?
High liquidity ensures tighter bid-ask spreads, reducing trading costs and execution delays.
5. How often is this ranking updated?
Data refreshes daily, with comprehensive reviews quarterly.
Stay Updated with Crypto Trends
Subscribe to receive:
- New token listings
- Market research
- Exclusive event invites
- Platform rewards programs
(Original promotional content removed per guidelines)
### Keywords Integrated:
1. Cryptocurrency exchanges
2. Trading volume
3. Market liquidity
4. CoinMarketCap
5. Crypto trading
6. Exchange rankings
7. Fiat support
8. Spot trading
### SEO Notes:
- Removed promotional links and non-2025 references.
- Structured with clear headings (H2/H3) for scanability.