In This Article
- Top Altcoin Exchanges: A Comparison
Reviews of the Best Altcoin Exchanges
- 1. MEXC - Highest Number of Altcoins
- 2. Kraken - Highly Secure Crypto Exchange with Staking & Futures
- 3. KCEX - Best No-KYC Exchange for Spot and Futures Trading
- 4. PrimeXBT - The Go-To Platform for Altcoin Traders Who Own Multiple Asset Classes
- 5. Binance - Best Crypto Exchange for Altcoins for Liquidity
- 6. Crypto.com - Best Altcoin Exchange for Fiat Funding and App-Based Trading
- 7. OKX — Best Altcoin Exchange for Institutional Traders
- 8. Best Wallet — Best Place to Buy and Store Altcoins
- 9. Margex — Best Exchange for Leverage
- 10. BloFin - All-in-One Platform for Altcoin Spot and Futures Trading
- 11. WEEX - Best Altcoin Exchange for Bonuses and High-Leverage Trading
- 12. Bybit - Best Altcoin Exchange for Derivatives and Advanced Trading Tools
- Altcoin Exchanges: What Are They?
- How to Sign Up On an Altcoin Exchange?
- Conclusion: Which Altcoin Exchange Is Best?
As Bitcoin continues to mature, its explosive early returns have naturally cooled. While BTC remains the backbone of the crypto market, and still one of the best long-term performers in any asset class, the era of effortless 100x Bitcoin gains is behind us. Today, if you’re hunting for the next breakout opportunity or chasing the kind of 1,000x asymmetrical upside that made early crypto investors legends, you need to look elsewhere.
That search leads directly into the world of altcoins. Hidden across emerging chains, new DeFi ecosystems, and fast-moving meme-coin communities are thousands of under-the-radar tokens with massive upside potential. But to access them safely, before they hit major exchanges and after they’ve built real momentum, you need the right trading platforms.
Many people think that the days of huge gains on new cryptocurrencies are dead, but they’d be wrong. Even in this most recent cycle, there were still many huge gains made with memecoins and new cryptocurrencies.
In this guide, we break down the best altcoin exchanges for discovering, trading, and accumulating high-growth crypto assets. Whether you’re chasing early-stage gems, diving into the newest Solana and Base meme coins, or exploring advanced DeFi tokens, these exchanges give you access to deep liquidity, low fees, and the widest possible selection of coins. Get ready, the next 100x altcoin could be just a trade away.
Top Altcoin Exchanges: A Comparison
If you are looking for the most liquid meme coin markets, super low trading fees, and generous staking rewards, register at any of these altcoin exchanges!
| Exchange Name | Number of Altcoins Listed | Trading Fee % | Liquidity Rating | Fiat Deposits | Year Opened |
| MEXC | 2,900+ | 0.02% | High | Yes | 2018 |
| Kraken | 300+ | 0.25% / 0.40% (spot) | High | Yes | 2011 |
| KCEX | 800+ | 0% (spot), 0.01% futures | High | No | 2021 |
| PrimeXBT | 40+ | 0.01%–0.045% | Medium | Yes | 2018 |
| Binance | 500+ | 0.1% | Very High | Yes | 2017 |
| Crypto.com | 400+ | From 0.075% | High | Yes | 2016 |
| OKX | 350+ | 0.08%–0.1% | High | Yes | 2017 |
| Best Wallet | 1000+ | No trading fees (spread only) | High | Yes | 2023 |
| Margex | 30+ | 0.019%–0.06% | Aggregated from 12+ providers | Yes | 2019 |
| BloFin | 200+ | 0.01%–0.1% | High | Yes | 2019 |
| WEEX | 600+ | 0.1% spot, 0.02%–0.075% futures | High | Yes | 2018 |
| Bybit | 500+ | 0.1% (lower with VIP tiers) | High | Yes | 2018 |
Reviews of the Best Altcoin Exchanges
The top crypto exchanges don’t just boast liquid trading pairs for thousands of tokens; they are comprehensive trading platforms with staking programs, leverage, loans, and derivatives. Check them out below!
1. MEXC – Highest Number of Altcoins
- Number of Altcoins Listed: 2,900+
- Trading Fees: 0.02%
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2018
Where else can you buy and sell almost 3,000 cryptocurrencies and pay zero fees? Also, when you make your first deposit, you will be able to open mystery boxes with up to $8,000 hidden inside!
MEXC is more than just an altcoin trading platform. There are regular token airdrops and giveaways with insane prizes like a brand-new Ferrari. The exchange is also very liberal with leverage, providing margin trading capabilities of up to 100x.
Also, don’t forget to supercharge your portfolio by staking your tokens and locking yearly yields over 400%!
The MEXC altcoin exchange issues its own token, MX, which cuts trading fees by 50%. If you want to deposit or cash out via fiat payment methods, there is a P2P marketplace where dealers accept everything from Mastercard and Visa to PayPal and bank transfers.
Pros:
- Lists the most altcoins of any exchange
- Pay 0% trading fees
- 100% staking yields
- $8,000 welcome bonus
- 100x margin
Cons:
- No fiat withdrawals
2. Kraken – Highly Secure Crypto Exchange with Staking & Futures
- Number of Altcoins Listed: 300+
- Trading Fees: 1.5% for instant purchases, 0.25% Maker / 0.40% Taker for spot trading
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2011
Kraken is one of the most secure and liquid cryptocurrency exchanges, offering a diverse selection of over 300 altcoins. Known for its top-tier security, Kraken stores 95% of user funds in cold storage and has never experienced a major security breach – making it a trusted choice for traders.
On Kraken, traders can access instant purchases but have to pay a 1.5% fee per transaction. However, on spot trading, Kraken charges a Maker and Taker fee of just 0.25% and 0.40%, respectively.
High-volume traders can take advantage of futures and margin trading with up to 5x leverage, while long-term investors can earn up to 24% APY by staking altcoins like ETH, DOT, and SOL.
With deep liquidity, strong regulatory compliance, and a user-friendly yet advanced trading experience, Kraken continues to be a leading choice for crypto investors.
Pros:
- Highly liquid markets
- One of the most secure exchanges (95% cold storage, no major breaches)
- Supports staking of altcoins
- Futures and margin trading with up to 5x leverage
- Wide fiat deposit options
Cons:
- Higher fees for instant crypto purchases
3. KCEX – Best No-KYC Exchange for Spot and Futures Trading
- Number of Altcoins Listed: 800+
- Trading Fees: 0% spot maker/taker, 0% futures maker, 0.01% futures taker
- Liquidity Rating: High
- Fiat Deposits: No
- Year Opened: 2021
KCEX is a crypto exchange built for traders who want access to altcoins without being forced straight into full identity verification. The platform supports both spot and futures markets, making it a strong fit for privacy-focused users who still want more than basic buy-and-hold functionality.
One of KCEX’s biggest draws is its low-cost fee structure. Spot trading is offered at 0% maker and taker fees, while futures trading starts at 0% maker and 0.01% taker. That makes it one of the cheaper platforms in this list for active traders rotating between altcoins or managing short-term positions.
KCEX also offers a broad altcoin lineup, with hundreds of listed cryptocurrencies and more than 950 trading pairs. Alongside large-cap assets like BTC, ETH, and SOL, the exchange gives users access to smaller and newer tokens that can be harder to find on more conservative platforms.
Security features include two-factor authentication, passkey support, anti-phishing tools, and withdrawal management controls. The platform does not currently focus on fiat onboarding, so it is better suited to users who already hold crypto and want to transfer funds in before trading.
Pros:
- No-KYC access for spot and futures trading
- 0% spot trading fees
- Very low futures fees
- Large altcoin selection with 950+ trading pairs
- Useful account security tools, including 2FA and anti-phishing protection
Cons:
- No direct fiat on-ramping
4. PrimeXBT – The Go-To Platform for Altcoin Traders Who Own Multiple Asset Classes
- Number of Altcoins Listed: 40+
- Trading Fees: 0.01%–0.045%
- Liquidity Rating: Medium
- Fiat Deposits: Yes
- Year Opened: 2018
PrimeXBT is a multi-asset trading platform that offers more than just cryptocurrency. Supporting over 40 altcoins alongside forex, indices, and commodities, it allows users to seamlessly swap between different asset classes. This unique flexibility makes it a standout choice for traders seeking diversification.
The platform boasts over 1 million active users and holds an impressive 4.3 rating on Trustpilot. It features competitive trading fees (as low as 0.01%) and provides a range of tools, including copy trading, where users can mimic the strategies of top-performing traders.
PrimeXBT also caters to education-focused users with its robust learning hub, offering tutorials and market analysis to help traders improve their skills. With fiat deposit support, users can easily onboard and start trading various assets on a secure and efficient platform.
Pros:
- Supports multiple asset classes, including altcoins, forex, and commodities
- Low trading fees
- Copy trading feature for beginners
- Comprehensive educational resources
Cons:
- Limited selection of altcoins compared to some competitors
- Medium liquidity for altcoin trades
5. Binance – Best Crypto Exchange for Altcoins for Liquidity
- Number of Altcoins Listed: 500+
- Trading Fees: 0.10%
- Liquidity Rating: Very High
- Fiat Deposits: Yes
- Year Opened: 2017
Getting in and out of thinly traded altcoins is a common problem at most exchanges but not at Binance. This altcoin exchange handles over $71.8 billion in daily trading volume and is home to over 200 million verified users from over 180 countries.
Binance also holds the record for being the only exchange to achieve $100 trillion in cumulative trading volume!
Unlike other exchanges that rarely update their trading markets, Binance actively searches for exciting projects to list and is a great trading platform for finding the next 10,000x meme coin. Also, when this powerhouse of an exchange decides to list a token, it moves the market.
For example, back in March, when Binance debuted dogwifhat, the meme coin instantly pumped 25%.
Binance is also home to one of the top-performing altcoins of all time, BNB. If you had invested just $1,000 in BNB when it first appeared, you’d be able to buy a home with the profits now. The altcoin continues to soar and gets you an instant 25% discount on all trading fees!
Pros:
- Highest trading volume of any altcoin exchange
- Constantly listing new tokens
- Slash trading fees by holding Binance’s altcoins (BNB)
- Fast fiat withdrawals
- Over 300 altcoin futures trading pairs
Cons:
- Staking, loans, and leverage are not available in many countries
6. Crypto.com – Best Altcoin Exchange for Fiat Funding and App-Based Trading
- Number of Altcoins Listed: 400+
- Trading Fees: From 0.075% on the Exchange
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2016
Crypto.com is one of the biggest names in the crypto market and a strong option for altcoin traders who want a platform that combines broad token support with easy fiat funding. It offers access to hundreds of cryptocurrencies and wraps trading inside a wider ecosystem that includes an exchange, mobile app, staking features, rewards products, and a self-custody wallet.
One of Crypto.com’s biggest advantages is accessibility. Users can fund accounts with supported fiat payment methods and then trade into a wide range of altcoins without needing to rely on external wallets or third-party services to get started. That makes it a practical choice for beginners, while the Exchange platform still gives more active traders access to order books, tighter spreads, and lower maker-taker pricing.
The platform is also known for its security and compliance-heavy approach. For traders who care about using a large, established brand with global reach, Crypto.com stands out as a more mainstream gateway into altcoins than some of the smaller offshore exchanges on this list.
Although fee rates depend on volume tier and product used, Exchange trading starts low compared with simple instant-buy interfaces, and the overall experience is polished across both desktop and mobile. For users who want a balance between convenience, fiat support, and broad altcoin exposure, Crypto.com remains one of the more complete packages in the market.
Pros:
- Supports 400+ cryptocurrencies
- Easy fiat deposits and app-based onboarding
- Competitive Exchange trading fees
- Large global brand with a strong security focus
- Broader ecosystem includes staking, wallet, and rewards features
Cons:
- Best fee rates are generally on the Exchange rather than simple app purchases
You can also check out our Crypto.com Review.
Crypto.com
7. OKX — Best Altcoin Exchange for Institutional Traders
- Number of Altcoins Listed: 350+
- Trading Fees: 0.08%–0.1%
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2017
The OKX crypto exchange knows how to take care of VIP users with rebates up to 0.005% and in-depth market data, which is ideal for backtesting your latest trading strategy.
This altcoin platform is known for having excellent OTC trading, where you can easily buy and sell over $100,000 worth of low-float tokens in single trades at pre-negotiated prices.
Despite being loaded with advanced features, OKX is still easy to use. Staking your tokens is as simple as clicking a button, and thanks to the P2P marketplace, you can purchase tokens via everything from Wise and Visa to Skrill and bank transfer.
Even if you’re not a VIP, OKX charges very low trading fees, starting at only 0.08%. Also, all users enjoy access to up to 10x leverage on spot markets and instant approval crypto loans with APRs from just 1%!
Pros:
- 10x leverage on spot altcoin pairs
- OTC trading for low market cap tokens
- Instant approval of crypto loans
- Copy trading and trading bots
- Wide range of fiat payment methods
Cons:
- Cluttered trading dashboard
8. Best Wallet — Best Place to Buy and Store Altcoins
- Number of Altcoins Listed: 1000+
- Trading Fees: No trading fees (spread only)
- Liquidity Rating: High
- Fiat Deposits: No
- Year Opened: 2023
Best Wallet is, while not technically an exchange, one of the best places to buy altcoins overall, as well as our pick for the best exchange platform. It features incredibly liquid markets for thousands of tokens on over 60 blockchains, including Ethereum, Solana, Sui, Dogecoin, Uniswap, and other top-performing tokens.
When it comes to trading fees, Best Wallet charges none. The only fees you may encounter are blockchain fees. It’s important to note that Best Wallet is a non-custodial wallet, meaning your crypto will remain safe and in your hands.
More than just an altcoin exchange, Best Wallet continues to add new features such its $BEST token (which is currently in a presale) that reduces transaction fees, enables early access to exclusive presales, and more. The project has a strong roadmap that it is following so far.
Pros:
- Highly liquid markets for thousands of cryptocurrencies
- Non-custodial
- Large ecosystem that supports DeFi
- Early access to exclusive presales
- No inherent fees when buying or selling crypto
Cons:
- No fiat deposits
9. Margex — Best Exchange for Leverage
- Number of Altcoins Listed: 30+
- Trading Fees: 0.019%–0.06%
- Liquidity Rating: Aggregated from more than a dozen providers
- Fiat Deposits: Yes
- Year Opened: 2019
Most crypto exchanges are terrified to offer users more than 5x leverage and will liquidate your positions if the market moves against you.
Fortunately, Margex is far more generous and provides 100x leverage futures, making it one of the best platforms for buying altcoins if you have the intent of leverage-trading them.
The Margex exchange focuses on providing excellent liquidity for a select number of tokens, and it does so by aggregating liquidity from 12+ providers. If you are into low fees and high leverage, Margex is the exchange for you.
The platform also offers its users solid copy trading options where you can follow your favorite traders, a staking feature, as well as a slew of learning resources.
Pros:
- High liquidity due to liquidity aggregation
- Below-market & competitive trading fees
- 100x leverage
- Copy trading & staking features
- $32 billion daily trading volume
Cons:
- Supports a small number of tokens
10. BloFin – All-in-One Platform for Altcoin Spot and Futures Trading
- Number of Altcoins Listed: 200+
- Trading Fees: 0.01%–0.1%
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2019
BloFin is a cryptocurrency exchange that shines as a hub for altcoin enthusiasts, supporting over 200 digital assets. Its high liquidity ensures smooth and efficient trades, even for less mainstream tokens. With competitive trading fees ranging from 0.01% to 0.1%, BloFin is an excellent choice for both casual and active traders.
One of BloFin’s standout features is its deep altcoin support, coupled with spot and futures trading options. For new users, the platform offers an attractive reward: complete your first futures account deposit of at least 50 USDT and receive up to 30 USDT in a mystery box.
Beyond trading, BloFin provides staking opportunities and advanced tools like copy trading and BloFin Earn, making it easier to maximize returns from your altcoin portfolio. Users can also enjoy seamless fiat deposits to start trading quickly.
Pros:
- Extensive altcoin selection
- High liquidity ensures smooth trading
- Low trading fees
- Bonus rewards for first-time users
Cons:
- Not available in some regions
- Advanced features may have a learning curve for beginners
11. WEEX – Best Altcoin Exchange for Bonuses and High-Leverage Trading
- Number of Altcoins Listed: 600+
- Trading Fees: 0.1% spot, 0.02% futures maker, 0.075% futures taker
- Liquidity Rating: High
- Fiat Deposits: Yes (via third-party providers)
- Year Opened: 2018
WEEX is a fast-growing crypto exchange that focuses on altcoin trading, derivatives, and reward-driven incentives. The platform has built a reputation for offering generous bonuses and promotions, making it particularly appealing to traders looking to maximise their capital when entering new positions.
With support for over 600 cryptocurrencies, WEEX provides access to both established assets like BTC and ETH, as well as a wide range of smaller altcoins and trending tokens. In addition to spot trading, the platform offers futures markets with leverage of up to 400x, placing it among the more aggressive exchanges in terms of trading flexibility.
Fees on WEEX are competitive across both spot and derivatives markets. Spot trading is priced at 0.1%, while futures trading starts at 0.02% maker and 0.075% taker. There are no deposit fees for crypto transfers, although fiat purchases rely on third-party providers, which may introduce additional costs depending on the payment method used.
One of the platform’s standout features is its bonus structure. New users can unlock rewards based on account activity, deposits, and trading volume, with total incentives reaching high limits for active traders. Combined with copy trading tools and a clean interface across desktop and mobile, WEEX offers a strong mix of accessibility and advanced trading functionality.
Pros:
- Generous welcome bonuses and trading rewards
- Supports 600+ cryptocurrencies
- Up to 400x leverage on futures trading
- Competitive futures trading fees
- Copy trading and advanced trading tools available
Cons:
- Not available in all countries
- Fiat deposits handled via third-party providers
12. Bybit – Best Altcoin Exchange for Derivatives and Advanced Trading Tools
- Number of Altcoins Listed: 500+
- Trading Fees: From 0.1% spot (lower with VIP tiers)
- Liquidity Rating: High
- Fiat Deposits: Yes
- Year Opened: 2018
Bybit is one of the largest crypto exchanges globally and a go-to platform for traders focused on derivatives and advanced trading strategies. With tens of millions of users and consistently high daily trading volumes, it has established itself as a major player in both spot and futures markets.
The platform supports over 500 cryptocurrencies and offers hundreds of spot and derivatives trading pairs. In addition to standard spot trading, Bybit provides a full suite of futures products, including perpetual contracts and options, making it particularly attractive for traders looking to hedge positions or speculate on short-term price movements.
Bybit’s fee structure is competitive, with spot trading starting at 0.1% for both maker and taker orders, and discounts available through its VIP tier system. The exchange also includes a wide range of trading tools, including copy trading, automated bots, and advanced charting interfaces that appeal to more experienced users.
Security is a core focus, with features such as two-factor authentication, withdrawal verification, and published proof-of-reserves helping to provide transparency. The platform also maintains a modern interface across desktop and mobile, alongside a growing Web3 ecosystem that includes wallet integrations and NFT access.
Pros:
- Strong derivatives offering, including perpetuals and options
- Supports 500+ cryptocurrencies
- Advanced trading tools and bots
- Copy trading features for passive strategies
- High liquidity across major markets
Cons:
- Not available in some regions, including the US and UK
- Customer support can be inconsistent
Altcoin Exchanges: What Are They?
An altcoin exchange is a cryptocurrency exchange where you can buy and sell a wide range of tokens. Technically, any cryptocurrency that isn’t Bitcoin is considered an altcoin, but nowadays, virtually every trading platform includes markets for Ethereum, Litecoin, and Solana.
Altcoin exchanges take things further by offering hundreds or thousands of trading pairs, enabling you to buy/sell the hottest meme coins and low market cap tokens alongside established altcoins like Ripple and Cardano.
Altcoin trading exchanges have also progressed from marketplaces into advanced cryptocurrency-based financial platforms. They offer massive leverage of up to 100x, yields on your portfolio, crypto-backed loans, complex derivatives, and more!
Choosing the Best Altcoin Exchange
When assessing an altcoin exchange, the key criteria are the number of tokens you can buy/sell, security, liquidity, fees, and payment methods. See below why these factors are important and the crypto exchanges that impressed us the most:
Most Altcoins Listed
New altcoins are created, and exciting cryptocurrency projects are unveiled daily. To invest in the latest surging meme coins or take a position in an under-the-radar low-float token, you need to find an altcoin exchange with thousands of them.
You’re seriously limiting your potential profits by only focusing on the top 20 cryptocurrencies. Just imagine what you’d be doing now if you threw a few thousand dollars at dogwifhat when it was trading at $0.000001366.
MEXC is the undisputed king when it comes to the number of altcoins listed. MEXC lists spot markets for over 2,900 altcoins, while most exchanges barely list 100. You’ll also enjoy over 500 futures trading pairs, and the platform seems to add new alts every week.
Lowest Fees on Altcoin Trades
You want to find an altcoin exchange with the lowest trading fees possible to maximize your returns. Even though trading fees appear small, they can add up over time and seriously impact your portfolio.
Let’s say you made 10 trades for $10,000 each at an exchange that charges 0.10%, so you paid $100 in total. If you had made the same transactions at a platform with 1% fees, you’d have had to fork out $1,000!
The altcoin exchange with the lowest trading fees is MEXC. Right now, it’s running a special promotion where you’ll pay 0% fees for limit buy/sell orders and only 0.01% for market buy/sell orders on all spot/futures trading pairs!
Highest Trading Pair Liquidity
To ensure you can get in and out of altcoin positions quickly and without running into wide spreads, opt for altcoin exchanges with high daily trading volume and liquid pairs. The last thing you want is to attempt to sell your altcoins and find nobody interested!
Binance is the best altcoin exchange when it comes to trading pair liquidity, with a daily trading volume of up to $73 billion and 200 million users.
The platform is teeming with professional market makers who keep the spreads very tight, and no matter if you’re buying/selling $100 or $1,000,0000 worth of altcoins, they’re ready to absorb your trade.
Support for Your Preferred Payment Method
Many altcoin trading apps are crypto only, while some even accept credit cards.
To give yourself a wide range of options, we recommend using altcoin exchanges that accept everything from Visa and Mastercard to online bank transfers to e-wallets so you can effortlessly move your money around.
Our go-to altcoin exchange when we want to make a fiat deposit or withdrawal is OKX.
At this exchange, you can instantly buy altcoins via Visa and Mastercard. There is also a P2P marketplace where you can bypass high transaction fees and trade altcoins via bank transfer, Skrill, Neteller Wise, and Revolut.
Security and Trustworthiness
It doesn’t matter how many trading pairs an altcoin exchange offers or how low the trading fees are if the platform is shady or subject to frequent cyberattacks.
We recommend using licensed altcoin exchanges that have built up a solid reputation over the years, employ advanced security protocols, and boast an active, well-trained customer support team.
Coinbase is one of the best altcoin exchanges in terms of security and trustworthiness. It is a publicly traded company listed on NASDAQ. Coinbase is subject to stringent regulations and is forced to prove that it’s liquid and possesses sufficient funds to pay customers.
Understanding Altcoin Exchange Fees
Before buying and selling altcoins, you must understand the different fees involved. Here are the typical fees you’ll encounter at altcoin exchanges:
Trading Fees
Every time you buy or sell an altcoin, you’ll be charged a fee. The fee is typically a percentage of the value of your order. For example, if you buy $500 worth of dogwifhat and the exchange charges a 0.20% fee, you’ll pay $1.
Altcoin exchange trading fees are typically around 0.10%, but platforms will offer discounts for high-volume traders. You can also enjoy lower fees if you set limit orders rather than market orders.
If you want to save money, MEXC is an excellent option. This platform only charges 0.02% per trade!
Network Fees
Crypto may offer lower fees than some traditional fiat payment methods like bank transfer, but there are still transaction charges, known as network fees. You’ll have to pay a network fee when you deposit or withdraw crypto at an altcoin exchange.
Network fees differ based on the cryptocurrency and network but are usually under $1. For example, the average Solana and Doge network fee is around $0.003. Before you make the transaction, you’ll see exactly how much you’re paying.
Also, when sending crypto from your wallet to an altcoin exchange, you can set your own network fee. However, if it’s too low, you risk miners refusing to process your transaction. That’s why we recommend going with the fee suggested by your wallet.
Transaction Fees
You’ll likely have to pay fees if you decide to deposit or withdraw from an altcoin exchange via fiat payment methods like bank transfer, e-wallet, or credit card. These transaction fees can be hefty, with many altcoin exchanges charging 5% or higher for credit card deposits.
It’s often cheaper to purchase USDT or BTC via a P2P platform and transfer it to an altcoin exchange. In fact, many altcoin trading platforms like OKX and Binance come with P2P built into their platform.
Spreads
Spreads are a hidden fee that often catches new traders off-guard. A spread is the difference between an altcoin’s buy (bid) and sell (ask) price.
The price difference amounts to a fee because, for example, if you bought one altcoin token for $100 but the highest bid price is $90, you’ve instantly assumed a $10 unrealized loss. If you were forced to sell for whatever reason, you’d have to suffer that $10 loss.
The spreads at major exchanges like OKX, Binance, and Coinbase are always tight, especially for popular altcoins. However, you do need to be careful when trading less liquid tokens. It’s also wise to use limit orders to maintain control over the price at which your trade is executed.
How to Sign Up On an Altcoin Exchange?
Many platforms have an easy sign-up process. But we like Best Wallet‘s setup, which is very beginner-friendly and easy to use. Below is a step-by-step guide on using an altcoin platform like Best Wallet.
-
Download the Best Wallet App
Visit the official link or search “Best Wallet” in your app store (iOS/Android). Download, install, and follow the prompts to create your wallet.
-
Enable Security Features
Set up biometric authentication, create a strong PIN, and back up your seed phrase securely offline.
-
Add Funds
Deposit funds via credit/debit card or bank transfer. You can also receive crypto by sharing your wallet address or QR code.
-
Buy and Sell Coins
Browse available cryptocurrencies, check fees, and use integrated partners to buy or sell instantly within the app.
Conclusion: Which Altcoin Exchange Is Best?
Altcoin trading crypto exchanges give you instant access to thousands of crypto tokens before they go mainstream.
To discover the next Solana or Sui, download Best Wallet, the undisputed best altcoin exchange, and instantly buy/sell over 1000 cryptocurrencies, find the next major presale, or simply buy and hold your crypto on a non-custodial wallet.
Visit Best Wallet
FAQs
Which exchange is best for altcoins?
Best Wallet is the best exchange for altcoins. It has incredibly liquid markets for over 1000 altcoins, including Solana, Doge, and Uniswap. The platform charges 0% fees when trading, and also gives you exclusive access to new presales, instant DeFi connection access, and more.
Which exchange supports the most altcoins?
MEXC is the exchange with the most altcoins. At MEXC, you can trade over 2,000 altcoins and enjoy over 3,000 trading pairs. It also offers spot and futures markets and up to 200x leverage.
Is it safe to hold coins on exchanges?
If you enable 2FA on your account and use a security-conscious and well-respected platform, it is generally safe to hold coins on exchanges. However, an offline hardware wallet is the most secure way to store your altcoins.
References
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed













