The Top 10 Most Active Cryptocurrency Exchanges on CoinTracking
- Abdullah Cetinbag
- Jun 8, 2018
- 5 min read
Updated: Nov 16, 2021
This year marks CoinTracking’s 5-Year anniversary and we couldn’t be more thankful to be a part of the explosive growth of the industry over the years. While we’ve seen more than a few cryptocurrency exchanges come and go, there are many more that have stood the test of time to become some of the most active cryptocurrency exchanges choices when trading cryptocurrency.
So what better way to celebrate the more than 900,000 CoinTracking users taking their portfolio game to next level then by sharing the top 10 most actively used cryptocurrency exchanges on the CoinTracking platform.
Most active cryptocurrency exchanges on CoinTracking
Based on a snapshot of all cryptocurrency exchanges frequented by CoinTracking users, here’s a list of the ones leading the pack.
Poloniex
Location: United States (Wilmington, Delaware)
Overview: A pure crypto-to-crypto exchange, Poloniex was acquired by payments company Circle in 2018. The new owners are hoping to position the exchange as a marketplace for tokens in the future and it has been a safe bet when trading a variety of cryptocurrencies over their past 4 year history.
CoinTracking Import Links:
Bittrex
Location: United States (Seattle, Washington)
Overview: Launched in 2014, US-based Bittrex has been known for its user-friendly interface and strong security. While Bittrex can be a great option for Bitcoin and Tether trading pairs, the exchange has also been an ideal place for investors trading altcoins like Siacoin, Cardano, and Ethereum, all of which currently lead Bittrex volume.
CoinTracking Import Links:
Binance
Location: Malta
Overview: Launched in 2017, Binance has blasted onto the cryptocurrency scene. Known for its low trading fees and diverse coin offerings, the exchange allows trades in over 45 coins, including Bitcoin Cash, Dash, EOS, Ethereum, Litecoin, and Neo. With some serious volume, it’s no surprise that Binance tops our active CoinTracking exchange list. Binance has also received good marks for customer support and positive community sentiment.
CoinTracking Import Links:
Kraken
Location: United States (San Francisco, California)
Overview: Seven-year-old Kraken is regarded as the largest bitcoin exchange based on European volume and liquidity. The site has been particularly strong for international traders looking to trade with the US dollar, Canadian dollar, British pound, Euro and Japanese yen.
CoinTracking Import Links:
Coinbase
Location: United States (San Francisco)
Overview: Serving 32 countries, Coinbase is one of the largest and most popular Bitcoin Exchanges in the world. Launched in 2012, Coinbase’s strong reputation, VC backing, and constant product innovations have made this exchange the leading option for most new traders looking to buy Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
CoinTracking Import Links:
Bitfinex
Location: Hong Kong
Overview: Although a sometimes controversial cryptocurrency trading platform because of discrepancies in volume, Bitfinex’s massive bitcoin trading volume can’t be overlooked. The exchange has catered toward seasoned cryptocurrency traders and has a variety of advanced functions, security, and trading features.
CoinTracking Import Links:
Bitcoin.de
Location: Germany
Overview: German-based Bitcoin.de has proven to be a strong option for new bitcoin traders looking to trade on a cryptocurrency exchange. Easy-to-use with the right amount of liquidity and security, this trading platform offers Euro trading that has become quite popular within the region.
CoinTracking Import Links:
GDAX
Location: United States (San Francisco, California)
Overview: The Coinbase-owned exchange has become a popular platform for experienced traders looking for more advanced features to trade top cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. GDAX allows trades in close to 30 different fiat currencies, allowing the Coinbase alternative to lead the way for serious traders looking for more functionality.
CoinTracking Import Links:
Bitstamp
Location: Luxemburg & Slovenia
Overview: Bitstamp, a European-based Exchange, has also been great option for seasoned traders on CoinTracking. While the exchange platform has limited payment methods and high deposit fees on smaller amounts, Bitstamp has been a strong option for traders with larger portfolios.
CoinTracking Import Links:
Cryptopia
Location: New Zealand
Overview: Cryptopia is has distinguished themselves by providing more unique features like peer-to-peer trades and a marketplace that allows you to buy, sell, or trade items using cryptocurrency. The cryptocurrency platform even has mining pools for listed cryptocurrencies.
CoinTracking Import Links:
While it can be difficult to choose the one cryptocurrency trading exchange that’s right for you, this list is a good jumping off point. Although they are popular among CoinTracking users, it’s always best to do your own due diligence. Weigh the advantages of each based on what currency you’ll be trading with and what features are most important to your trading strategy.
You can go to the Enter Coins page to start importing and tracking all your trades now.
Beyond cryptocurrency exchanges, CoinTracking can help with you:
Support for DeFi trades (e.g., Uniswap)
Import your Binance Smart Chain and Binance Chain trades.
25+ advanced reports, including which coins are tax-free or tax reduced.
Get you gains calculated automatically.
12 accounting methods (e.g., FIFO, LIFO, HMRC, ACB).
Generating compliant tax reports in your country.
If you need personalized help reviewing your transactions or preparing your US tax returns, check out our CoinTracking Full Service. CT Full Service is provided by a team of crypto tax professionals led by Sharon Yip, an expert CPA. Follow our weekly AMAs on Twitter where Sharon Yip answers your crypto tax questions.
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Disclaimer: All the information provided above is for informational purposes only and should not be considered as professional investment, legal, or tax advice. You should conduct your own research or consult with a professional financial advisor when investing.
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