If you’re looking to buy cryptocurrencies other than Bitcoin, there are many exchanges that offer a variety of altcoins. Each comes with different features, fees, and pros and cons.
This page will take a detailed look at the best altcoin exchanges, what kind of users they’re best for, and what to consider when picking one. By the end, you should have all the information you need to find the altcoin exchange that’s right for you.
Looking for a quick answer? Here are our top 3 recommended altcoin exchanges to use for buying and selling altcoins.
– Best Overall Altcoin Exchange
– Best Altcoin Exchange for Low Fees
– Best Altcoin Exchange for Beginners
– Best Exchange to Buy Altcoins Securely
Capital.com – Best Broker for Trading Altcoin CFDs
– Best Place to Trade Altcoins with Leverage
– Altcoin Exchange with the Best Customer Support
– Best Altcoin Exchange for Advanced Traders
– Best Exchange for Choice of Altcoins
– Best Altcoin Exchange for High Spending Limits
– Best Altcoin Exchange for Fees and Simplicity
No. of coins
1% + spread
0.1% or less
FCA, most US states
Up to 0.6% + spread
FCA, CySEC, ASIC
0.5% or less
0.3% or less
Up to 5%
eToro is the best place to buy and trade altcoins thanks to its rich and innovative features. You can use the Discover tab to explore trending altcoins and the biggest daily movers. You can add any altcoins that interest you to your watchlist to keep up with their market performance and set up price alerts.
Each altcoin page has “News” and “Feed” tabs where you can stay on top of the latest developments and what other users are saying about them. There are also stats, research, and charts for each coin to help you with fundamental and technical analysis.
Those who are new to crypto will also find eToro easy to use as the platform is clearly laid out and the buying process is made simple.
eToro stands out from other altcoin exchanges by virtue of its unique CopyTrader feature. This is a great tool for beginners and those looking to gain experience as it lets you copy the best altcoin traders around the world. You can pick a user to copy based on stats such as their percentage profit and risk tolerance.
There are over 70 altcoins to choose from, and eToro gives you the chance to add a range of other asset types to your portfolio. These include stocks, ETFs, and indices. You can even use the smart portfolio feature to deploy thematic investment strategies.
There is a good range of payment methods available and the minimum deposit is $10. You can buy as little as $10 worth of each altcoin at competitive fees of 1% plus the spread. There is a withdrawal fee of $5. Read our full eToro review here.
Easy to navigate
Copy trading feature
More payment options than many competitors
Virtual trading account
Unavailable in a number of countries
Fewer altcoins than some competitors
If you don’t want fees to eat into your profits, then Binance is the exchange for you. The platform leads the market when it comes to trading fees, which are just 0.1% or less. Some fiat deposit and withdrawal methods are free and all crypto deposits are free.
Binance is a great place for altcoin traders as it provides customizable charts, tools, and a range of indicators. Those with more experience may appreciate the chance to trade advanced instruments such as futures and leveraged tokens.
Newbies aren’t left out, however, as the convert feature provides an easy way to swap between any two altcoins. If you want to learn more about altcoins and how crypto works, there are lots of educational articles to check out in the Binance Academy.
You can check on your altcoins from anywhere with the Binance mobile app, spend them worldwide with the Binance Card, and even use them as collateral to take out instant loans. There is also the chance to grow your altcoin holdings with a range of earning products, including savings accounts, staking, and liquidity farming.
It should only take a few minutes to set up and verify your account, after which you can make a deposit of at least $50. The minimum trade amount is $10. Read our full Binance review here.
Lower fees than competitors
More than 600 altcoins
Charts and indicators
Altcoin derivatives and margin trading
Range of interest-bearing products
High minimum deposit
Limited payment options in some countries
Regulatory problems in some places
Coinbase’s clear layout, intuitive interface, and easy-to-follow purchasing process make it the top destination for crypto beginners. You can add your favorite altcoins to your watchlist to keep track of them, and the past performance of your portfolio is displayed in your dashboard.
The great thing about Coinbase is that you don’t need to spend a large amount on altcoins—you can purchase as little as $2 of each coin if you want to start with small investments.
If you’re keen to develop your understanding of altcoins and crypto topics, the platform provides a wealth of educational resources to help you do just that. You can even earn some altcoins for free during Coinbase’s regular learn and earn campaigns.
If you want to employ a dollar cost averaging strategy, this is made simple with the recurring buys feature. More advanced strategies are possible too, as you can easily switch to the Coinbase Pro platform to access tools, charts, and indicators.
Coinbase is fully licensed and it uses cold wallet storage and crypto insurance to protect users’ assets. The platform recommends a minimum deposit of $50 and the trading fees are fairly competitive at up to 0.6% plus the spread. Read our full Coinbase review here.
Simple to use
$2 order minimum
Set up recurring buys
Learn and earn campaigns
High fees for some payment methods
Bitpanda secures all assets in offline storage, making it one of the safest places to buy altcoins. As a regulated platform, Bitpanda instills confidence in its users due to its licenses and compliance with AML regulations.
The platform has been rated excellent on Trustpilot, with users particularly praising Bitpanda’s customer support. There is also a Helpdesk with information on using the exchange, as well as plenty of educational articles on altcoins in the Bitpanda Academy.
There are nearly 200 altcoins available, though as a multi-asset platform, Bitpanda also provides access to stocks, ETFs, metals, and even crypto indices. Unlike other platforms, Bitpanda actually lets you swap directly between different types of assets.
You can check on your altcoins wherever you are through the mobile app and also spend your altcoins anywhere with the Bitpanda Card. Meanwhile, you can use a savings plan to set up recurring buys.
You will have to deposit at least $25, once you’ve taken a few minutes to sign up and complete the verification, and there is a range of accepted payment methods. A 1.49% premium is included in the prices you see on the exchange, and you can purchase as little as $1.50 or €1 worth of each altcoin. Read our Bitpanda review for an in-depth guide.
Secure and licensed
Excellent rating on Trustpilot
Almost 200 altcoins
Swap between different asset types
Low order minimum
A variety of payment options are available
The only support available is via email
Crypto deposits incur fees
Mostly unavailable outside of Europe
By trading in altcoin contracts for difference, you can make a profit by speculating on the prices of altcoins, but as you don’t actually own any, you don’t need to worry about storage and security. Capital.com is one of the top places for trading CFDs of altcoins.
Capital.com users can trade CFDs on over 6,000 assets, including hundreds of altcoin pairs, as well as stocks, indices, forex, and commodities. Although CFD trading is a high-risk activity, the platform comes with risk management tools, such as negative balance protection.
Those who are new to CFD trading can take advantage of the demo account to practice in a risk-free environment. There are also trading guides and online courses available, as well as the Investmate app, which provides access to financial education.
Advanced traders are well catered for on the platform, as they can trade with up to 30x leverage. There are plenty of advanced tools and features available, including price alerts, client sentiment, over 70 technical indicators, and AI-powered post-trade analysis.
It will take a few minutes to set up and verify an account, after which you will have a choice of payment options to make a minimum deposit of $20. The platform doesn’t charge any deposit fees, withdrawal fees, or commission, though there are floating spreads on altcoin CFDs and variable overnight fees.
No deposit or withdrawal fees
Regulated and secure
Fast order execution
Hundreds of altcoin trading pairs
Negative balance protection
Financial education available
Only offers high-risk CFDs
Crypto CFDs unavailable in the UK
Spreads could be tighter
If you want the chance to multiply potential profits by trading altcoins with leverage, then Skilling is the ideal destination. The platform offers up to 50:1 leverage on crypto, which is higher than many competitors.
You can trade CFDs on more than 50 altcoins on Skilling, while the platform also provides access to hundreds of other instruments, including shares, commodities, indices, and forex. Skilling is fully licensed and regulated, keeping funds and personal information secure. There is also customer support available Monday to Friday via phone, email, or live chat.
Users have a choice of CFD trading platforms. The Skilling Trader platform is intuitive and user-friendly, expertly designed to accommodate traders of all levels. The cTrader platform, on the other hand, caters to experienced traders, providing a variety of indicators, algorithmic trading, advanced order functionality, and risk management.
Skilling is unfortunately unavailable in the US, but most other countries can access the platform. It provides a decent range of deposit methods, most of which are free, though there is a fee for Skrill and Neteller deposits.
The minimum deposit is $100 and there is no commission on trades. The spreads are competitive, starting at 0.1 pips, but you will need to check the page for the specific altcoin to find out the exact costs. Read our full Skilling review here.
High leverage available
Trade CFDs on multiple asset types
Good customer support
Advanced trading tools
Licensed and regulated
Variety of payment options
Not available in the US
Bitstamp is a great place for altcoin trading if you want to be able to rely on comprehensive customer support. Phone and email support are available globally around the clock. Plus, you can find out about market insights and global trends with Bitstamp’s free Crypto Pulse report.
The platform employs institutional-grade security practices, such as storing 98% of users’ assets in offline cold storage. Bitstamp also ensures personal information is strongly encrypted and enables whitelisting and transaction confirmations.
Reliable order execution is ensured on the platform due to its high liquidity and industry-leading uptime, so trading Bitstamp’s 75 cryptocurrencies should be a seamless experience.
There is plenty to satisfy experienced traders, who can deploy algorithmic strategies with Bitstamp’s range of powerful APIs. There are also advanced order types, analytical tools, and real-time data streaming.
The mobile app means you can trade altcoins from anywhere in the world, and there is a 5% fee for instant credit or debit card purchases, which are supported almost everywhere. You just need to complete the registration and verification process, which shouldn’t take long.
The minimum amount of an altcoin you can buy is $10 and most deposit methods are free. The withdrawal fees vary by altcoin and the trading fees are pretty competitive at up to 0.5%.
Phone and email support are available 24/7
Reliable order execution
Advanced trading features
Free deposits for most payment methods
High fees for instant card purchases
OKX’s rich feature set makes it a great platform for traders with more experience. Spot trading on the platform comes with customizable charts, technical indicators, and a choice of order types. Discover altcoins in the opportunities section, which shows the top assets in categories such as new, trending, and surging coins.
Users can also trade altcoins with leverage and trade altcoin derivatives such as futures, perpetual swaps, and options. Beginners aren’t left out, however, as the convert feature makes it easy to swap between any two altcoins with no fees or spreads.
If you want to deploy more advanced strategies, the crypto trading bot makes it easy to set up smart portfolios and crypto arbitrage trading orders, among other things. Block trading also provides access to world-class APIs for making large orders and custom multi-leg strategies.
The exchange offers more than 340 altcoins and also gives you the opportunity to grow your holdings through a range of interest-bearing products. These include savings accounts, staking, fixed income, dual investment, flash deals, and DeFi.
OKX employs offline storage, as well as emergency backups and a semi-offline multi-signature mechanism for online storage to keep users’ assets safe. If you want to expand your knowledge, there are plenty of tutorials, trading articles, and industry analyses on the platform.
It takes minutes to set up your account and OKX supports a variety of payment methods. You will have to deposit at least $10 and the minimum trade amount depends on the altcoin. Spot trading fees on the platform are very competitive 0.1% or less.
340+ altcoins to trade
A trading bot with advanced strategies
Good choice of payment methods
Limits on withdrawals
Not available to US citizens
With more than 700 altcoins available, KuCoin is the best place to go to find new and obscure cryptocurrencies—including many coins that you can’t get on any other centralized exchange.
There are comprehensive tools for spot trading, including customizable charts and a range of technical indicators. Those with less experience, however, can easily switch between any two altcoins with one click and zero fees through the convert feature.
There’s margin trading available for those who want to magnify potential profits with leverage, as well as futures and a trading bot that provides the opportunity to earn profits passively without the need to constantly monitor the market.
Once you’ve purchased your altcoins, KuCoin Earn provides somewhere to grow your holdings with products such as savings accounts, staking, and higher yield promotions. In addition to this, the exchange offers crypto lending and a token launch platform.
There is plenty of information on altcoins and blockchain on the blog, and KuCoin Labs provides in-depth market analysis and research. If you have any questions, customer support is available 24/7.
There are at least 70 payment methods supported across the more than 200 countries that KuCoin serves. The minimum deposit is $5, with a 3.8% fee for card payments. The minimum trade size depends on the altcoin and trading fees are competitive at 0.3% or less. Read our full KuCoin review here.
Over 700 altcoins to trade
Low trading fees
200+ countries covered
Not licensed in the US
Can be complicated for beginners
If you’re looking to buy a large number of altcoins, Coinmama has one of the highest spending limits of any exchange, allowing you to purchase as much as $30,000 at a time with your bank account.
There are many other payment options available, including cards, SEPA, SWIFT, Apple Pay, Google Pay, and Skrill, most of which are fast and can see you receive your altcoins within 10 minutes. As Coinmama doesn’t store funds or payment information, users retain full control throughout the process.
Traders may find the platform wanting due to its lack of charts and advanced tools. However, it’s a great place for beginners who want a simple way to buy 15 of the most popular cryptocurrencies.
Coinmama is available in 188 countries and has a customer support team on hand to help with any issues. The platform also has an academy where you can discover more about crypto and blockchain.
The fast-track verification means you can set up your account and buy altcoins within minutes. The minimum purchase amount is $30 for most payment methods but rises to $250 for SWIFT and $500 for Fedwire. Paying with Skrill incurs a 2.5% fee while using Google Pay, Apple Pay, or a credit or card carries a 5% fee. All other payment methods are free. Read our full Coinmama review here.
High spending limits
Very simple to use
Good range of payment options
Available in 188 countries
No trading features
No mobile app
Very limited choice of altcoins
BitFlyer is the largest cryptocurrency exchange platform in Japan. Customers enjoy fast execution speeds and a wealth of altcoins to choose from. With operations in the EU and US, bitFlyer is also one of just a few Asian exchanges to plant its roots down firmly in the West.
With low fees and bullet-proof security (bitFlyer has never been hacked), bitFlyer is the number one choice for people who put the safety of their capital first.
When it comes to the platform, the user experience is streamlined and minimal. While many exchanges suffer from a surfeit of information, bitFlyer has managed to pare things down without dumbing things down. For this reason, bitFlyer is our number-one choice for the best user experience. Read our full bitFlyer review for an in-depth guide.
Regulated in the EU and US
Thumbs up for security! Has the rare claim in crypto of having never been hacked.
Regularly audited by well-known financial institutions
New users can get trading straightaway without KYC for small amounts
Buying altcoins with one click is unavailable on the US exchange
Certain tools such as leverage are unavailable in some jurisdictions
Smaller amount of altcoins than other exchanges
We chose bitFlyer primarily because of its security and low fees. Since it has never been hacked it is one of a rare breed of crypto-related businesses that have kept their client funds waterproof.
BitFlyer was also our first choice for usability because of its clean, slick appearance.
Ethereum (ETH); Ethereum Classic (ETC); Bitcoin Cash (BCH); Litecoin (LTC); Lisk (LSK); Monacoin (MONA); Stellar Lumens (XLM); Basic Attention Token (BAT); and more.
An altcoin exchange is somewhere you can buy, sell, or swap cryptocurrencies other than Bitcoin. Pretty much every crypto exchange nowadays qualifies as an altcoin exchange, but they vary in the number of altcoins they offer and how advanced the trading features they provide are.
When you put in an order to buy an altcoin, it will be matched with a sell order. The platform usually charges a trading fee for facilitating this exchange. Some altcoin exchanges may only let you buy altcoins with fiat currencies, while others may only offer crypto-to-crypto trading pairs.
Most altcoin trades take place on centralized exchanges like Binance. These cryptocurrency exchanges have a centralized structure as they are controlled and operated by a company that acts as an intermediary between different users.
Centralized exchanges display the current prices of altcoins. When users create orders, they are collated in a central order book where buy orders are matched with sell orders. In this way, trades are facilitated, for which the crypto exchange typically charges a trading fee.
Major crypto exchanges tend to handle a large volume of trades which means there is high liquidity of altcoins and trades can be executed quickly. Centralized exchanges often offer other services such as asset custody. As centralized exchanges can be a target for hackers, the best crypto exchanges provide cutting-edge security and usually require customers to complete identity verification as part of their KYC requirements.
Decentralized exchanges (DEXs) aren’t run by a person or company as trades take place directly between users on a peer-to-peer marketplace with no intermediaries. There are no order books and you can only trade crypto—you can’t use fiat currencies.
DEXs run on a blockchain, like Ethereum, and transactions are facilitated by smart contracts. Prices are established algorithmically and trades are made against “liquidity pools”. Users can earn rewards by contributing their tokens to these pools.
DEXs are non-custodial so users can retain control over their altcoins and also keep their anonymity. They also tend to be harder to use, however, and the gas fees can be very high on some blockchains. Potential bugs in the smart contracts powering DEXs mean they could still be vulnerable to attack and users could lose tokens.
A hybrid exchange is a combination of both a decentralized and centralized exchange. They will provide the user with the usability and security of a centralized exchange but will also have features from decentralized exchanges such as direct wallet-to-wallet trading.
On peer-to-peer (P2P) platforms, trades take place directly between users without an intermediary, like on a DEX. Unlike a DEX, however, there are no liquidity pools. Purchasers instead choose a seller and send them fiat through a payment processor.
Buyers and sellers can use a centralized service to connect and funds are often held in escrow and only released once both parties have sent the agreed amount of money or tokens. Some centralized exchanges, such as Binance and OKX, also provide P2P platforms.
The benefits of peer-to-peer platforms are that there is often a greater choice of payment methods and users don’t necessarily have to provide any identification. There are also no fees or commissions, but as the seller sets the price, buyers won’t necessarily get the best deal. Users should be cautious of potential crypto scams.
Unlike spot trading, which involves buying and selling the altcoins themselves, a derivatives exchange lets users speculate on the prices of altcoins by trading contracts that derive their value from the performance of the underlying asset.
A number of centralized exchanges, like Binance and OKX, offer the trading of crypto derivatives such as futures, perpetual swaps, and options.
Trading altcoin derivatives with leverage provides an opportunity to increase profits but it can also increase losses. Derivatives trading is more complicated than spot trading and should therefore only be conducted by traders with the right skills and experience. Some exchanges only offer derivatives to professional clients or users in certain countries.
The terms “broker” and “exchange” are often used interchangeably or simply lumped together as “crypto platforms”. There are, however, technically some differences, as we’ll discuss below.
An altcoin exchange is a place where you can exchange one asset for another—fiat for crypto or crypto for another crypto. Buyers are typically matched with sellers in an order book and the equilibrium price is set by the balance of buyers and sellers. The cryptocurrency exchange facilitates this process, for which it charges “maker” and “taker” fees. If there is sufficient liquidity, trades can be settled instantly.
An altcoin broker acts as an intermediary between traders and the crypto market, and the broker sets the price. Users, therefore, trade with the brokerage, rather than with other traders. Brokers typically make their money from spread, which is the difference between buy and sell prices. The broker may also charge a commission on trades.
Settlement is more flexible on a brokerage platform so users don’t need to have the necessary funds in their exchange account when they initiate a trade. Crypto brokers don’t necessarily provide ownership of actual cryptocurrencies. They may instead provide trading of crypto derivatives such as contracts for difference.
If there are specific altcoins you want, it’s important to check whether they are actually available on a prospective platform. If you’re interested in new and obscure coins, you might want to use a platform with a large selection, such as Binance or KuCoin. If you’d prefer to buy more well-known and better-established cryptocurrencies, you might prefer a platform that has a smaller selection but offers other features you want.
You can check the website for a particular platform to find out what its coin selection is. It might also be worth checking which trading pairs are available. This will sometimes just be each available coin paired with your local currency, while other platforms may offer a choice of crypto to crypto trading pairs.
Clearly, a broker or cryptocurrency exchange is of no use to you if it is unavailable in your country. You can check the website for a list of countries where it operates. Some platforms may have a separate subsidiary to serve some countries (Binance and Binance.US, for example) while others may offer different services in different countries (like restricting the trading of derivatives in certain places).
The security of your assets is one of the most important things to consider when choosing an altcoin exchange—you don’t want to be at risk of losing your crypto to a hack. Find a platform that secures access to your account through features such as encryption and two-factor authentication.
You also want to know your assets will be safe if someone attempts to hack the cryptocurrency exchange. Good security practices to look out for include offline cold wallet storage of cryptocurrencies and crypto insurance.
You want to find a platform that is reliable, and this will most likely be the case for well-established cryptocurrency exchanges that have built up a strong reputation and earned a large number of satisfied customers.
Check whether a prospective platform is regulated in your country. Regulated platforms provide the best security and an unregulated one could be unsafe to use.
You’ll want to know upfront what costs you will incur so make sure to check the small print. Some platforms charge a trading fee for each trade, while others charge a spread and maybe a commission.
You can also check whether there are deposit and/or withdrawal fees. How much these are may depend on the payment method you use. Other potential fees include account management and inactivity fees.
Different platforms may offer different features and you should check that a platform offers everything you want before creating an account. Most of the platforms reviewed here provide charting tools and indicators, which are useful for traders.
Platforms such as Binance and OKX support margin and derivatives trading, as well as products for earning interest, like staking and savings accounts. You may decide that you want access to a more specific feature, like eToro’s CopyTrader.
Most platforms accept deposits via bank card and/or bank transfer. You may be limited in which platforms you can use if you wish to use a less common payment method. The fees may vary for different payment methods and on different platforms, so this is worth looking into. eToro supports a variety of payment methods and doesn’t charge any deposit fees.
You want to find a platform that you feel comfortable using. For experienced traders, this might mean a responsive platform with lots of clearly labeled advanced tools. A beginner, on the other hand, might prefer a simple platform without any complicated features.
Platforms ought to provide clear instructional resources on how to use them. If you use a platform that provides a demo account, you can trade virtually without risking any money while you familiarize yourself with the platform.
"Trading fees and spot price used during swaps/trades. These can sometimes be overlooked, however, certain exchanges claim to have zero fees but when using their swap/trading functions you realize that the spot price used in the trades is a few percentage points higher than other exchanges."
Paolo Ardoino CTO of Bitfinex
Follow these simple steps to purchase altcoins on
Bring up the registration form by clicking on the “Join Now” button. Then you can fill in your email address, username, and password, or sign up with Google or Facebook. Tick the boxes to accept the terms and conditions and click “Create Account”.
Click the link in the email you receive to verify your email address. You will then need to complete your profile by providing your full name, date of birth, phone number, and some form of photographic identification. After that, you’ll need to answer some questions about your investing experience.
Hit the “Deposit Funds” button and enter how much you want to deposit. Use the dropdown lists to select your local currency and preferred payment method. Fill in any payment details requested then simply click “Deposit” to transfer the funds.
Use the search box to find the altcoin you want, or use the Discover tab for inspiration. Click on “Trade” and you will have the option to switch from Trade to Order if you want to buy at a future price with a limit order. Just fill in the amount and click “Open Trade”.
If you only purchase a small amount of altcoins or want to make regular trades with them, you may find it most convenient to store them in the free web wallets that most exchanges provide. Long-term investors with large holdings might prefer to buy a hardware wallet like Trezor, BitBox, or Ledger as they are the most secure type of wallet.
You could also download a wallet onto your computer or mobile and keep your altcoins there. Find out more about the best crypto wallets.
If you want to branch out from Bitcoin, there are plenty of places where you can buy and sell altcoins. There are benefits and drawbacks to each and they often offer different features. As well as this, you’ll want to consider aspects such as the coins available, security, regulation, and fees.
Based on these considerations, we believe the best altcoin exchange is eToro, which is easy to use and has competitive fees, a range of free deposit options, and unique social trading features.
We first tested every altcoin exchange individually and then analyzed them against each other highlighting the good and bad points for each. These were then individually added in the pros and cons sections for each exchange.
In our analysis, the things we looked for included how long did it take to sign up. If the KYC took a long time, and there wasn’t a good security reason for it, we would mark it down.
We also judged the UX of each site assessing how easy it was to navigate to the parts of the exchange we wanted to reach. If this was tricky, or the right information was hard to find within a few seconds, we would mark the exchange down. Bonus points were given for clean, simple lines and a feeling of space without the loss of features and functionality.
We next looked at add-ons, in particular educational facilities that would help beginners learn more about crypto. Here, some were better than others with Binance and Coinbase standing out in this area.
Check out our why trust us and how we test pages for more information on our testing process.