9 Best Bitcoin Exchanges and Platforms in 2023

What is the best bitcoin exchange? Where can I earn the most interest, and where’s the best place to mine BTC? With the world of cryptocurrency and blockchain experiencing a surge in adoption in recent years, there’s been a similar explosion in the number of exchanges and trading platforms on the market.

With so many options available, deciding which exchange or platform is right for you can be daunting. To help make the decision easier, here are the best Bitcoin exchanges and platforms available today.

What are the best bitcoin exchanges? 

In 2023, it is important to consider factors such as security, fees, user experience, and supported currencies when selecting a platform. Here are our top platforms based on these criteria.

1. Kraken — Lowest fees (based on trading volume)

Kraken offers tools and resources to help users better understand crypto markets and navigate the complex trading world. From beginner guides and tutorials to professional trading charts and market analysis, Kraken suits every need.

Kraken also has a strong reputation for security, with a proven track record of keeping funds safe and secure. Additionally, its user-friendly interface and customizable dashboard make it easy to navigate and manage your crypto investments. With 24/7 customer support and advanced trading tools, Kraken provides a comprehensive solution for beginner and experienced traders. 

Whether you want to buy your first crypto or engage in sophisticated trading strategies, Kraken has everything you need to succeed in the cryptocurrency market, trading Bitcoin and beyond.

• Type: Cryptocurrency exchange 
• Best feature: Low fees
• Minimum deposit: Crypto dependent: 0.0001 BTC
• Fees for BTC: Variable

2. eToro – No commission for adding funds

eToro is a leading social trading and cryptocurrency platform, founded in 2007 and regulated in jurisdictions. It is known for its user-friendly interface, ideal for beginner investors, and wide range of available markets. eToro offers over 3,000 trading instruments, including cryptocurrency, stocks, CFDs, ETFs, bonds, commodities, currencies, and indices. That’s why eToro may be one of the best bitcoin exchanges for traditional investors who want to build a complete portfolio on one platform. 

Additionally, it offers insurance coverage of up to EUR 1 million per client in certain regions and VIP-style perks for top-performing traders. eToro is recognized for its excellence in social and cryptocurrency trading, which is a perfect feature for new crypto investors looking to improve their trading strategies.

• Type: cryptocurrency exchange 
• Best feature: copy trading 
• Minimum deposit: $50
• Fees for BTC: 1% trading fee
• Welcome bonus: US-based individuals may use THIS LINK to sign up on eToro and receive a $10 welcome bonus. Non-US users may use THIS LINK to sign up on eToro. 

3. Stormgain – Free BTC cloud mining tool

StormGain is another of the best bitcoin exchanges, offering a wide range of digital assets for trading and exchange. Users can trade cryptocurrencies such as Bitcoin, Tether, Dash, Monero, and Tron from their browser or mobile device with its proprietary trading app. 

The platform offers various incentives, such as a referral and loyalty program and an investment deposit program, with a potential profit of up to 12% yearly. StormGain also provides basic training guides and 24/7 support service to ensure users have a smooth trading experience. A unique feature of StormGain is its zero-commission Bitcoin cloud mining feature. Here, the commission fee is charged only on successful trades as a profit percentage.

• Type: cryptocurrency exchange
• Best feature: BTC cloud mining tool
• Minimum deposit: $50 for credit/bank deposits, 0.00003 BTC for crypto deposit 
• Fees for BTC: There is no commission for trading. A profit share of 10% is taken only from profitable trades. There is a 0.0006 BTC withdrawal fee + 0.1%
• Welcome bonus: Sign up using THIS LINK and earn 25 USDT as a welcome bonus. 

4.dYdX – Best decentralized exchange

dYdX is a decentralized platform that provides a secure and trustless environment for users to trade derivatives, including margin and perpetual trading. By connecting their wallet to the platform, users can trade popular assets with up to 100x leverage and earn interest on their deposits. 

While decentralized exchanges get a bad reputation as being less beginner-friendly, dYdX offers users a seamless, fast, and intuitive interface with various trading products. The platform’s decentralized infrastructure ensures that users have full control over their assets at all times, and with its cutting-edge security measures, users can feel confident that their investments are safe. 

Additionally, dYdX offers competitive trading fees and high leverage to help users maximize their returns. Overall, dYdX is a great option for those who want to participate in the exciting world of DeFi trading without sacrificing features, efficiency, or security.

• Type: decentralized exchange
• Best feature: derivatives trading
• Minimum deposit: N/A
• Fees for BTC: 0% (up to $100,000 trading volume/ month)
• Welcome bonus: Use THIS LINK to access dYdX and receive a $25 bonus after depositing $500 or more in one transaction. 

Best bitcoin wallets

6. ZenGo – Light KYC and up to 8% APY on BTC

ZenGo is a secure web3 cryptocurrency wallet that offers security and user-friendly features. With its advanced biometric encryption, 3-factor authentication, and MPC cryptography, ZenGo gives users complete control over their crypto assets without exposing their private keys. 

It supports over 70 crypto assets and allows users to buy, sell, trade, and store NFTs. Additionally, ZenGo’s recovery feature makes recovering lost or stolen wallets easy. And 24/7 customer support is available within the app. 

ZenGo also has a web3 firewall called ClearSign, which protects users from losing their crypto and NFTs to malicious smart contract transactions and phishing scams.

• Type: cryptocurrency wallet
• Best feature: up to 8% APY for depositing BTC 
• Minimum deposit: $50 for the EU and $100 for the U.S.
• Fees for BTC: $0 for Banxa deposits for up to $200 and 2% after that
• Welcome bonus: Use THIS LINK to sign up. You may earn up to 30% of the trading fees when referring a friend to use ZenGo. 

7. Ledger – Secure hardware wallet to store your BTC

Ledger provides a secure and convenient way to cold store and manage your Bitcoin and any other crypto. The device’s combination of offline storage and compatibility with various coins makes it a great choice for many users, especially those new to cryptocurrency. 

Ledger offers the possibility to hold over 5,500 cryptos. There are three different types of Ledger wallets, each with its own features. The connected app and education resources make it easy to start trading and upskill quickly.

However, some users may find that the limited connectivity with exchanges and lack of multi-sig or password management features limit its usefulness.

• Type: cryptocurrency hardware wallet
• Best feature: security 
• Minimum deposit: N/A
• Fees for BTC: up to 5% fees for buying BTC using Ledger Live 
• Welcome bonus: Use THIS LINK and receive $10. 

Best bitcoin earn interest tool

8. Nexo – Up to 7% API on BTC 

Established in 2017, Nexo aims to help millions of crypto users maximize the potential of digital assets. With services available in over 200 jurisdictions and a user base of around 4 million, Nexo positions itself as a trusted and reputable lending institution in the digital finance industry.

The Nexo all-in-one platform enables investors to store digital assets and earn interest on popular cryptos, stablecoins, and selected fiat currencies, with interest rates as high as 12%. Nexo also offers services such as buying, exchanging, and borrowing against cryptocurrencies and high-interest deposit rates.

Nexo’s operations are transparent, backed by blockchain technology, and facilitated by Ethereum smart contract processing. The platform has its own ERC-20 token, NEXO, which offers holders benefits like bonus interest rates, lower loan rates, and dividends.

• Type: Interest-earning platform 
• Best feature: offers up to 7% APY for BTC
• Minimum deposit: $14 for buying BTC with a credit/debit card
• Fees for BTC: 0% fees
• Welcome bonus: Sign up using THIS LINK and earn $25 when depositing and holding $100 for one month. 

Best cloud mining tool

9.ECOS – free BTC cloud mining contract for one month (ONLY if you sign-up using THIS link)

ECOS is a well-respected cloud mining company established in 2017 in Armenia to build a Free Economic Zone for high-tech IT in AI and blockchain. The Armenian government signed an agreement with ECOS to launch the Free Economic Zone in December 2018, focusing on expanding the digital cluster and mining infrastructure. 

ECOS signed a deal with Hrazdan TPP to provide 200 MW of power capacity for a commercial data mining center. The company offers cloud mining services (equipment rental) and equipment + hosting solutions. 

ECOS collaborates with major players in the industry, including BITMAIN, CISCO, MIKROTIK, BTC.com, SCHNEIDER Electric, BLOCKCHAIN, and ROSTELECOM. 

The company uses the powerful Antminer S19 Pro with a hash rate of 110 TH/s, produced by BITMAIN. ECOS aims to bring advanced technology to meet the market’s demands.

• Type: Cloud mining tool
• Best feature: BTC cloud mining
• Minimum deposit: The minimum cost of a cloud mining contract is $ 149. New users benefit from a trial contract for only $125. Minimum contract of 12 months. 
• Fees for BTC: Only BTC network gas fees. 
• Welcome bonus: Sign up using THIS LINK and get one month of BTC cloud mining for free. 

Frequently asked questions