Centralized Exchanges (CEX)
These are traditional platforms run by companies that handle everything from security to customer support. Great for beginners and everyday traders.
Binance
Binance Holdings LimitedBinance, the world’s largest crypto exchange by volume, offers over 350 cryptocurrencies with low fees and advanced trading tools for global users.
Low trading fees
Wide range of cryptocurrencies
Advanced trading features
Regulatory challenges in some countries
Security concerns from past incidents
Complexity for beginners
Coinbase
Coinbase Global, Inc.Coinbase, a leading U.S.-based crypto exchange, provides a user-friendly platform to buy, sell, and store over 250 cryptocurrencies with strong regulatory compliance.
User-friendly interface
Strong regulatory compliance
Wide cryptocurrency selection
Higher trading fees
Limited advanced trading tools
Past security concerns
KuCoin
KuCoinKuCoin, a Seychelles-based crypto exchange, offers over 820 cryptocurrencies with competitive fees and staking opportunities, ideal for diverse trading needs.
Wide range of cryptocurrencies
Competitive trading fees
Staking and lending options
Regulatory restrictions in some regions
Complex interface for beginners
Customer support issues
Bybit
Bybit Fintech LimitedBybit, a top derivatives-focused crypto exchange, offers high liquidity, advanced trading tools, and a user-friendly platform for over 60 million users globally.
Advanced trading tools
High liquidity
User-friendly interface
Limited fiat currency support
Regulatory restrictions in some countries
Past security concerns
OKX
OKX Technology Company LimitedOKX, a leading Seychelles-based crypto exchange, offers over 300 cryptocurrencies with low fees, futures trading, and advanced tools for experienced traders.
Wide range of cryptocurrencies
Low trading fees
Advanced trading features
Complex interface for beginners
Limited fiat support
Regulatory restrictions
| Exchange | Summary | Key Facts | Best For | Special Use |
|---|---|---|---|---|
| Binance | One of the world’s largest exchanges | 350+ coins, low fees, global reach | Low fees, active trading, altcoins | Best for futures, staking, pro trading |
| Coinbase | Easy-to-use and beginner-friendly | Regulated in the US, strong security | Beginners, US users | Best for secure storage, easy buys |
| KuCoin | Massive altcoin selection | Offers staking, P2P, trading bots | Altcoin lovers, yield earners | Best for lending & staking |
| Bybit | Known for derivatives and leverage | Up to 100x leverage, new spot markets | Futures trading, pros | Best for leverage traders |
| OKX | Full-feature exchange with DeFi tools | NFT marketplace, high liquidity | Long-term holders, DeFi users | Best for NFTs + DeFi gateway |
Decentralized Exchanges (DEX)
DEXs let you trade directly from your crypto wallet—no account, no middlemen. Perfect for DeFi users and those who value privacy.
Uniswap
Uniswap ProtocolUniswap, the largest Ethereum-based decentralized exchange, enables ERC-20 token swaps via smart contracts, offering liquidity provision and governance rewards.
Decentralized and non-custodial
Wide ERC-20 token support
Liquidity provision rewards
High Ethereum gas fees
Complexity for beginners
Price impact on large trades
dYdX
dYdX Trading Inc.dYdX, a decentralized exchange on Ethereum, specializes in perpetual contracts with up to 25x leverage, offering low fees and advanced trading tools.
High leverage up to 25x
Low trading fees
Decentralized and secure
Complex for beginners
Limited to perpetual contracts
High risk due to leverage
PancakeSwap
PancakeSwapPancakeSwap, a leading Binance Smart Chain decentralized exchange, offers token swaps, yield farming, and NFT trading with low fees and fast transactions.
Low transaction fees
Fast transaction speeds
Wide range of DeFi products
Limited to BSC tokens primarily
Security risks in DeFi
Impermanent loss risk
SushiSwap
SushiSwapSushiSwap, a multi-chain decentralized exchange, provides token swaps, yield farming, and governance via SUSHI tokens, emphasizing community-driven DeFi innovation.
Multi-chain support
Governance via SUSHI tokens
Yield farming opportunities
Complexity for beginners
Security risks in DeFi
Impermanent loss risk
| Exchange | Summary | Key Facts | Best For | Special Use |
|---|---|---|---|---|
| Uniswap | Top Ethereum-based DEX | Liquidity pools, no KYC, open access | DeFi users, privacy-focused | Best for altcoin access & P2P swaps |
| dYdX | Advanced DEX for pro traders | Offers perpetuals & margin trading | Traders who want DEX control | Best for leverage trading privately |
| PancakeSwap | Runs on BNB Chain | Lower fees than Ethereum DEXs | Token swaps, farming | Best for BNB ecosystem users |
| SushiSwap | Multi-chain DEX | Incentivized liquidity, cross-chain support | Crypto explorers | Best for cross-chain trading |
Hybrid & App-Based Platforms
These are simplified platforms (usually mobile-first) that offer crypto access without the steep learning curve. Great for casual users.
Robinhood
Robinhood Markets, Inc.Robinhood Markets, Inc. offers commission-free trading of stocks, ETFs, and cryptocurrencies via an intuitive mobile app, ideal for retail investors.
Commission-free trading
User-friendly mobile app
Wide range of assets
Limited research tools
Technical issues reported
Limited crypto selection
Revolut
Revolut LtdRevolut Ltd, a UK-based fintech, offers crypto trading alongside banking and currency exchange, with a user-friendly app supporting multiple currencies for beginners.
User-friendly mobile app
Multi-currency support
Low fees for transfers
Limited crypto control
Customer service issues
Regulatory challenges
Luno
Luno LimitedLuno, a global crypto exchange, offers user-friendly trading and storage for Bitcoin and Ethereum, emphasizing security and compliance across over 40 countries.
User-friendly platform
Strong security standards
Global availability
Limited cryptocurrency selection
Higher fees than competitors
Slow customer support
| Exchange | Summary | Key Facts | Best For | Special Use |
|---|---|---|---|---|
| Robinhood | Stock & crypto in one app | No fees, limited coins | Beginners, casual traders | Best for investing simplicity |
| Revolut | Banking meets crypto | Quick swaps, cards & banking | New users, crypto-curious | Best for crypto + daily spending |
| Luno | Simple UI, active in emerging markets | Supports major coins, P2P options | Beginners, African markets | Best for local crypto access |
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How To Get Started On Crypto Exchange
Choose your exchange
Use our comparison above or visit the exchange market
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Sign up and verify your identity
Most platforms require KYC (Know Your Customer)
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Deposit funds
Via bank transfer, card, or even P2P
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Start trading or investing
Buy your first crypto or explore advanced tools like staking, lending, or spot trading
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Stay safe
Always use 2FA and don’t keep large funds in hot wallets
| # | Exchange | Pair | Price (₦) | Volume (24h) |
Trust Score
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