11 Best Crypto Exchanges for Day Trading in 2025
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Selecting the best crypto exchange for day trading is crucial. You’ll need a trusted exchange with low commissions, tight spreads, and plenty of liquidity. Not to mention a wide range of markets and analysis tools.
To help you make the best choice for your needs, we assessed over 50 leading exchanges based on our hands-on methodology. Read on as we rank and review the top 11 platforms for crypto day trading in 2025.
Best Crypto Exchange for Day Trading – Top Rankings
| Exchange | Number of Coins | Spread | In-Wallet Trading |
|---|---|---|---|
| Best Wallet | 1,000+ | ~0.1% | Yes |
| Kraken | 482 | ~0.1% – 0.2% | No |
| Margex | 50+ | ~0.1% – 0.2% | No |
| eToro | 55 | ~0.75% – 2% | No |
| MEXC | 2,899 | ~0.01% – 0.05% | No |
| Coinbase Advanced | 286 | ~0.1 – 0.5% | Yes |
| Binance | 467 | ~0.02% – 0.1% | Yes |
| OKX | 338 | ~0.05% – 0.1% | Yes |
| PrimeXBT | 50+ | ~0.1%-0.2% | No |
| KuCoin | 932 | ~0.05% – 0.1% | Yes |
| Bybit | 754 | ~0.05% – 0.1% | No |
The Best Crypto Exchanges for Day Trading Reviewed
We’ll now discuss the best crypto exchanges for day trading in detail. Read on to choose the most appropriate trading platform for you.
1. Best-Wallet — The Best In-Wallet Exchange For Day Trading
- Coins Listed: 1,000+ across 60+ chains
- Spot Trading Fees: 0.25% (discounts with $BEST)
- Average Spread: ~0.1%
Best Wallet is our top pick for the best crypto exchange for day trading, offering a secure and user-friendly platform suited for both beginners and experienced traders. Its wide range of payment methods, including debit cards, bank transfers, and fiat deposits, makes it highly convenient. Additionally, we love that Best Wallet doesn’t charge deposit fees, making it a cost-effective option for frequent account funding—key for active day traders.
With thousands of coins and 60+ blockchains available, Best Wallet is among the most diverse trading platforms we’ve tested. It supports major cryptocurrencies like Ethereum, BNB, Dogecoin, Cardano, and Solana, alongside smaller-cap tokens such as Aave, Axie Infinity, and SushiSwap. This variety allows you to explore numerous markets and take advantage of volatile price movements across multiple assets.
For frequent day traders, Best Wallet offers reduced trading fees for holders of its native $BEST token, enhancing profitability. Combined with its extensive altcoin selection and beginner-friendly interface, these features position Best Wallet as a reliable and efficient platform for day trading in the cryptocurrency market.
Pros
- Offers over 1,000 coins, including major and low-cap tokens
- Cost-effective for funding accounts
- $BEST token holders benefit from discounted trading fees
- All-in-one app for crypto management, storage, and trading
- Access to hot crypto presales
- Excellent apps for iOS and Android
Cons
- Some advanced features are still in development
2. Kraken — Best Day Trading Exchange With Low Minimum Deposit
- Coins Listed: 480+
- Spot Trading Fees: 0% to 0.4%
- Average Spread: ~0.1% – 0.2% on BTC/USD
Kraken caught our attention with its extremely low minimum deposit requirements, ranging between $1 and $10, depending on your chosen payment method. It also offers a secure and user-friendly trading dashboard that supports 480 cryptocurrencies. This includes some of the best altcoins, such as Kava, Algorand, Polkadot, Solana, and Tron. Accepted payment types include crypto, fiat bank transfers, and debit or credit cards.
While Kraken is ideal for low-volume day traders, we also recommend it for professionals. Kraken Pro is an advanced charting dashboard that comes packed with features. This includes indicators like MACD, Moving Averages, Bollinger Bands, Volume, and many more. It also supports crypto futures with 50x leverage, or you can open a margin account and benefit from 5x leverage.
Kraken charges 0% to 0.4% per slide when spot trading cryptocurrencies. This is reduced incrementally as you meet monthly trading milestones. We found its futures trading fees even more competitive, as you’ll never pay more than 0.02% per slide. Kraken is regulated in multiple markets and offers robust security tools. It was founded in 2011, making it one of the oldest exchanges.
Pros
- Buy and sell more than 480+ cryptocurrencies
- User-friendly investment dashboard
- Offers a professional platform for seasoned day traders
- Access leverage via margin accounts and futures
- Low minimum deposits
Cons
- Unavailable in some US states
- Relatively high credit card purchases
3. Margex — Best Non-KYC Exchange for Day Trading
- Coins Listed: 50+
- Spot Trading Fees: 0.1% to 0.2%
- Average Spread: Spreads are generally within 0.1% – 0.2%, designed to remain competitive for margin trading
If you want to avoid the KYC process, Margex is your go-to option. This privacy-focused trading platform doesn’t collect personal information, so you can day trade the crypto markets anonymously. Opening an account simply requires an email address and a password.
First-time clients receive a bonus of up to $100, which can be used against trading commissions. Fees are competitive at Margex, with trades costing 0.019% to 0.2%. We should note, however, that Margex doesn’t offer spot trading markets yet. Instead, it specializes in perpetual futures and ranks among our top picks for no-KYC crypto exchanges.
You get leverage of up to 100x available, letting you maximize your profits during intraday moves. Some of the futures markets available on Margex include Bitcoin, Dogecoin, Arbitrum, SushiSwap, Shiba Inu, Ethereum, and XRP. Margex also offers a day trading app for iOS and Android, which we found equally intuitive and responsive across both platforms. Alternatively, you can trade on a desktop device via the Margex website. For more details, be sure to read our detailed Margex review.
Pros
- Offers anonymous day trading accounts
- Supports 50+ crypto markets
- Up to 100x leverage
- Great trading app for iOS and Android
Cons
- Unregulated status
- Relatively few low-cap coins listed
4. eToro — Best for Day Trading Beginners
- Coins Listed: 55
- Spot Trading Fees: 1%
- Average Spread: Spreads are higher, ~0.75% – 2%, reflecting its focus on simplicity over professional trading
eToro is an ideal crypto day trading exchange for beginners. It’s an established broker that was launched in 2007 and has a strong reputation globally. However, it mainly impressed us with its excellent copy trading feature. It lets you pick a trader to copy based on their performance, risk score, and portfolio, so you can score profits even if you lack the technical know-how to execute trades yourself. Plus, we loved that the feature doesn’t incur additional fees.
eToro also offers a solid range of crypto day trading markets, supporting 100+ coins, including Bitcoin, Uniswap, Raydium, BNB, XRP, THORChain, and Solana. You can even trade some coins against currencies like EUR and JPY, which is a rare find among crypto exchanges.
On the downside, we should note that eToro isn’t the best option for US-based day traders, as a 2024 SEC settlement severely limited the platform’s crypto offerings in the country, allowing only Bitcoin, Ethereum, and Bitcoin Cash purchases.
Pros
- Best crypto exchange for day trading beginners
- Trade over 100 crypto markets
- User-friendly dashboard is ideal for newcomers
- Accepts e-wallets, debit cards, and banking methods
Cons
- Non-USD deposits are charged 1.5%
- Crypto trading commission is 1%
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
5. MEXC — Best Day Trading Platform for High Leverage
- Coins Listed: 2,899
- Spot Trading Fees: 0.01%
- Average Spread: ~0.01% – 0.05%, plus 0.00% maker fees and 0.050% taker fees
As one of the best crypto trading leverage platforms, day traders will also like MEXC. This tier-one exchange offers futures leverage of up to 200x – more than any other platform we’ve reviewed. This means a $1,000 account balance offers $200,000 in trading capital.
MEXC is also the exchange with the most coins, with 2,899 cryptos listed, ranging from Bitcoin, Bonk, Pepe, and Uniswap to Ethereum, Cardano, Solana, and Arbitrum. Trading perpetual futures will cost you just 0.01% per slide, and there’s zero commission when trading the spot markets. For that reason, we recommend MEXC as a great option for scalpers, as market spreads are also competitive.
The exchange also doesn’t skimp on security. It offers two-factor authentication (2FA), cold storage, whitelisting, withdrawal blocks, and SMS verification. MEXC also has verified proof of reserves and high liquidity.
Pros
- Best crypto day trading platform for high-leverage
- Up to 200x leverage for perpetual futures
- No trading commissions when spot trading
- Nearly 3,000 coins are supported
- Robust security controls and verified proof of reserves
Cons
- Doesn’t allow US clients
- Some listed coins appear to be dead projects
6. Coinbase Advanced — Trusted Crypto Exchange With Tier-One Security
- Coins Listed: 286
- Spot Trading Fees: 0.6%
- Average Spread: Typically ~0.1 – 0.5%, depending on liquidity
Next is Coinbase Advanced (formally Coinbase Pro), which makes our list thanks to its robust security features and compliance with regulators. Coinbase Advanced is the exchange’s sister platform, accessible through the same account, but it comes with considerably more features. This includes advanced, customizable charting screens with TradingView integration, numerous technical indicators, real-time order books, and more.
Coinbase Advanced is also more cost-effective than Coinbase. Trading commissions start from 0.6% per slide, and hitting 30-day trading minimums will further reduce that.
We also like that Coinbase Advanced supports spot trading and derivative markets. The latter includes perpetual futures with 20x leverage. As a US-based exchange with a NASDAQ listing, Coinbase Advanced is a great option for Americans. It’s also a great option for safety. Coinbase deploys institutional-grade security tools, including 2FA, device whitelisting, and cold storage.
Pros
- One of the safest crypto day trading platforms
- US clients can trade crypto with margin
- More than 286 coins listed
- Regulated and listed on the NASDAQ exchange
Cons
- Trading commissions are higher than most other exchanges
- Debit/credit card payments cost 3.99%
7. Binance — Best Day Trading Crypto Exchange for High Volume
- Coins Listed: 467
- Spot Trading Fees: 0.1%
- Average Spread: ~0.02% – 0.1% for major pairs like BTC/USDT
Binance is another well-known and great exchange, as it has the highest daily trading volume out of any crypto exchange in May 2025. This ensures excellent liquidity and means that buy and sell orders are executed immediately, with low slippage.
In addition, day traders pay just 0.1% per slide when trading the spot markets, which is further reduced when holding BNB or meeting 30-day trading milestones. Binance also features over 460 coins, so you’ll never be short of trading opportunities. You can also trade leveraged futures with up to 125x leverage.
Binance is also a great choice for technical traders thanks to its integration with TradingView. This means day traders can access over 100 indicators and drawing tools. You’ll also appreciate that Binance welcomes traders from most countries worldwide, including the US. However, Americans need to use the Binance.us website, which comes with reduced functionality and fewer coins.
Pros
- Best exchange for day trading crypto with high liquidity
- Buy and sell crypto with low spot trading fees
- Charting screens integrate with TradingView
- Offers 125x leverage on perpetual futures
Cons
- US clients have access to fewer markets and products
- Infrequent new coin listings
8. OKX — Best Day Trading Exchange for Low Commissions
- Coins Listed: 308
- Spot Trading Fees: 0.1%
- Average Spread: ~0.05% – 0.1% for high-volume pairs
We rate OKX as one of the best altcoin crypto exchanges for day trading with low fees. It offers a maker-taker structure, and fees are lowered when trading volumes increase. In simple terms, beginners pay 0.1% per slide, or $1 for every $1,000 traded. The lowest commission available is 0.05% per slide. Commissions can also be reduced when holding OKB, which is the exchange’s native token.
It took us mere minutes to join OKX during our tests, and we appreciated its versatile deposit options, including via crypto, Visa, MasterCard, and local banking methods. OKX also supports peer-to-peer payments.
Apart from futures, you also gain access to margin accounts and options, plus copy trading and automated bots. We also like that OKX offers one of the best crypto wallets – a decentralized wallet available on desktop, mobile, and browsers.
Pros
- Trade over 300 coins at a 0.1% commission
- Supports spot trading, futures, options, and margin accounts
- Offers copy trading tools and automated bots
- Premium liquidity levels are available 24/7
Cons
- Beginners might find the trading platform intimidating
- Debit/credit card fees are built into the exchange rate
9. PrimeXBT — Best Platform for Day Trading Multiple Financial Markets
- Coins Listed: 50+
- Spot Trading Fees: 0.05%
- Average Spread: 0.1% – 0.2%, with spreads potentially widening during volatility
Next is PrimeXBT, which is our top pick for day traders looking for diversification. In the digital asset space, it lists some of the best cryptocurrencies to trade. This includes Bitcoin, Litecoin, BNB, Stellar, Dogecoin, Chainlink, and Solana.
While its spot market is fairly limited, you can trade over 50 cryptocurrencies via perpetual futures with leverage of up to 200x. In addition to crypto, PrimeXBT also supports major and minor forex pairs.
Other markets include commodities and indices. We also like that PrimeXBT offers competitive trading fees of 0.05% (spot) and 0.02% (futures) per slide. Forex, commodities, and indices can be traded on a spread-only basis. However, we should note that due to licensing restrictions, PrimeXBT isn’t available in the US.
Pros
- Supports crypto, forex, indices, and commodities
- Offers crypto leverage of up to 200x
- High withdrawal limits
- Crypto spot trading commissions of just 0.05%
Cons
- Not available to clients in the US
- Comparatively few listed coins
- Doesn’t offer crypto options
10. KuCoin — Top-Rated Platform for New Cryptocurrency Listings
- Coins Listed: 827
- Spot Trading Fees: 0.1%
- Average Spread: ~0.1% for most trading pairs, similar to Binance
If you want to maximize your day trading opportunities, KuCoin is one of the best options for day trading new cryptocurrencies. We particularly liked the exchange’s Spotlight launchpad for innovative projects. After raising funds, these coins trade on the main KuCoin exchange. What’s more, KuCoin frequently lists new cryptocurrencies from other top launchpads.
It also runs day trading competitions on newly listed coins. This increases exposure for new projects and helps KuCoin increase trading volumes. The exchange is also a great option for trading established cryptocurrencies like Bitcoin, Ethereum, Solana, Ripple, and Cardano.
When it comes to day trading fees, there’s a standard commission of 0.1% per slide, which can be reduced when paying fees in KCS, KuCoin’s native token. Hitting 30-day trading milestones also reduces the commission rate. You also gain access to perpetual and inverse futures with leverage of up to 100x, which you can trade from 0.06% per slide.
Pros
- Great option for day trading up-and-coming coins
- KuCoin Spotlight gives you access to new projects
- Maximum spot trading commission of 0.1%
- Get leverage of up to 100x on perpetual futures
Cons
- Not suitable for novice traders
- KYC is now mandatory for all users
- Not available in the US
11. Bybit — Top Day Trading Exchange for Options
- Coins Listed: 698
- Spot Trading Fees: 0.10%
- Average Spread: ~0.05% – 0.1% for popular futures and perpetual contract trading
Bybit is our top pick for day traders looking to delve into options. The exchange offers competitive strike prices and premiums for coins such as Bitcoin, Ethereum, and Solana, settled in USDC. Bybit also provides a huge selection of leveraged markets, including perpetual and delivery futures. These come with maximum leverage limits of 200x, so you can amplify a $100 account balance to $20,000.
All its trading products come with advanced charts and analysis tools. Not to mention in-depth order books. We also like that Bybit supports hundreds of cryptocurrencies. These range from micro-cap crypto, such as LeverFi and Velas, to large-caps, like Bitcoin and Ethereum, and everything in between.
First-time traders can instantly buy cryptocurrencies with a debit or credit card and support for over 65 fiat currencies. Bybit is also renowned for offering great customer support, with 24/7 live chat and short waiting times.
Pros
- Best crypto day trading platform for derivatives
- Get up to 200x leverage
- Never pay more than 0.1% per slide to spot trade
- Top-rated customer support team
Cons
- Sign-up bonuses come with unfavorable terms
- Not available in the US, UK, and Canada
- No USDT options settlement
What Is Crypto Day Trading?
Crypto day trading is a short-term investment strategy. Similar to other day trading markets, you’ll be buying and selling crypto assets throughout the day. This means that trading positions only remain open for several hours. In some cases, minutes. With this in mind, crypto day traders make much smaller profit margins than long-term investors. Wondering when the best time to trade cryptos is? Day trading might be a potential option.
That said, multiple positions are often placed each day. Although day trading can be profitable, you’ll need to have a grasp of technical analysis. This means analyzing charts, historical trends, real-time prices, volume, volatility, and technical indicators to find the best crypto to day trade. Without these tools, you won’t be able to predict the crypto markets in the short term.
There are several crypto day trading strategies to follow in 2025. For example, some traders will buy a new coin, hope that it increases, and then sell it a few hours later. Others will short-sell a coin if they believe the markets are about to decline. It’s also possible to day trade crypto with futures, options, and other derivative products.
Top Day Trading Crypto Exchanges Compared
Below, is a table comparing the spot trading fee, number of tradable coins, trading volume rank, and leverage of the best day trading crypto exchanges in May 2025. We also included whether US clients are accepted.
| Company | Spot Trading Fee | Tradable Coins | Trading Volume Rank | Leverage Available | US Clients |
| Binance | 0% to 0.6% | 445 | #1 | Up to 125x leverage via perpetual futures | Yes |
| Coinbase | 0% to 0.6% | 265 | #3 | Up to 20x leverage via perpetual futures | Yes |
| OKX | 0.08% to 0.1% | 308 | #4 | Up to 125x via perpetual futures | No |
| MEXC | 0% | 723 | #7 | Up to 200x via perpetual futures | No |
| eToro | 1% + spread | 55 | N/A | Up to 20x leverage | Yes |
| Bybit | 0.1% | 698 | #2 | Up to 200x via perpetual futures | No |
| KuCoin | 0.1% | 827 | #8 | Up to 100x via perpetual futures | No |
| Kraken | 0% to 0.4% | 400 | #10 | Up to 50x via perpetual futures | Yes |
| PrimeXBT | 0.05% | 29 | #745 | Up to 200x via perpetual futures | No |
| Margex | 0.019% to 0.2% | 49 | N/A | Up to 100x via perpetual futures | No |
How We Ranked The Best Crypto Exchanges for Day Trading
To rate the best crypto exchanges for day trading, we assessed eight key factors, scoring them on a scale of 1-10. We then weighed the categories to calculate an overall score for each crypto day trading exchange. Finally, we tallied the final scores to rank them.
Lowest Trading Fees (25%)
While low fees are important for all investment strategies, they’re imperative when day trading crypto. After all, day traders target much smaller margins, especially when positions remain open for several minutes. This means that unfavorable fees can make day trading unviable.
On average, we found that exchanges charge 0.1% per slide. MEXC takes things to the next level, as spot trading commissions have been removed. In addition, we explored the average market spread for each exchange. This is the difference between the buy and sell price. Tight spreads are crucial to keep overall trading fees to a minimum.
What’s the Spread in Crypto Day Trading?
The ‘spread’ is found in all trading markets, from crypto and stocks to indices and forex. It’s the difference between the buy and sell prices in a specific market.
- For example, let’s say that the ‘true’ market price of XRP is $0.60.
- On your chosen exchange, the ‘buy’ price of XRP is $0.61
- The ‘sell’ price is $0.59
- So, regardless of whether you go long or short, you’re paying the exchange a spread of $0.01 for every 1 XRP traded
Fastest Order Execution (25%)
Another important metric for day traders is fast execution times. This is especially the case in the crypto trading space, where prices are extremely volatile. If execution speeds are slow, slippage can occur. Slippage is when traders get a different price than what they expected when placing an order.
- For example, suppose you’re day trading Ethereum.
- You place a buy order when Ethereum is priced at $4,000.
- However, your order is executed at $4,100.
- This means you’ve suffered a slippage of 2.5%.
Most crypto day trading sites display their average order execution speed; this should be in the milliseconds. However, what exchanges publish isn’t always the reality. Therefore, we tested average speeds ourselves.
Highest Trading Volume and Liquidity (25%)
High trading volumes are another non-negotiable metric when day trading crypto. Insufficient trading volume results in low liquidity levels.
In turn, this means unfavorable market conditions and difficulty in buying ir selling a crypto pair at a suitable price. Low liquidity also means an inadequate order book. This can result in significant slippage.
Fortunately, all of the platforms listed on this page offer huge trading volumes. For example, MEXC processed almost $2 billion worth of orders in the prior day. This includes more than $570 million in BTC/USDT positions.
Most Trading Pairs (15%)
Seasoned day traders like to have access to a wide range of markets. This ensures that there are sufficient trading opportunities throughout the day. Therefore, we prioritized platforms that support many crypto pairs.
At a minimum, this should include large caps like Bitcoin, Ethereum, and XRP. We also like to see up-and-coming cryptocurrencies that are new to the market. These offer day traders higher profit potential.
Widest Global Availability (10%)
We also prioritized crypto day trading platforms that operate globally. This ensures traders from most countries have access to a platform.
For example, many crypto platforms do not allow US traders. This includes MEXC, OKX, PrimeXBT, and Bybit. US traders are welcomed by eToro, Coinbase, and Kraken.
How Is Crypto Day Trading Taxed?
In most countries, any profits you make from crypto day trading will be subject to capital gains. For example:
- You buy Bitcoin at $30,000
- You sell Bitcoin at $30,500 a few hours later, resulting in a 1.66% gain
- You risked $1,000 on this trade
- Your capital gains are $16.66
Due to the sheer number of positions entered by day traders, it’s important to keep adequate records. Everything will need to be tallied up at the end of the year. This will determine whether or not any capital gains tax is due.
Moreover, some countries have different tax rates depending on how long the crypto position was held. For instance, investments held for under 12 months in the US are subject to short-term capital gains. All day trading positions will fit within this category.
Conclusion
Crypto day trading can be lucrative, but make sure you’re well-versed in risk management and technical analysis. If you’re a complete beginner, consider getting started with Best Wallet, which offers an all-in-one app for crypto management, storage, and trading.
FAQs
What crypto platform is best for day trading?
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What is the best crypto exchange for day trading in the US?
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References
- CASS 7.13 Segregation of client money (FCA)
- New Binance chief refuses to disclose global headquarters’ location (Financial Times)
- Cryptocurrency futures and options (CME Group)
- Corporate – Income determination (PwC)
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