Which cryptocurrency exchange is better? 2025 Latest Cryptocurrency Trading Guide

What is a cryptocurrency exchange?

The cryptocurrency exchange is a bridge connecting the fiat currency and cryptocurrency markets, an online platform dedicated to trading a variety of cryptocurrency transactions. In addition to buying and selling cryptocurrencies, users also have basic trading features such as money query, hold order, and matching transactions; virtual wallet services are also available where users can store cryptocurrencies in the exchange's wallets, as well as other financial services such as trade spreads, loans, etc. The investment needs of the user.

Top 5 Cryptocurrency Exchanges in the World

Cryptocurrencies are a new field of investment that, with institutional and regulatory systems still incomplete, will bring security concerns to everyone more or less. Therefore, if you want to invest, it is best to choose a larger exchange that will be relatively secure, because:

1. High liquidity often has a huge volume of transactions and an active user base, which ensures good liquidity.

2. Complete trading features typically offer multiple landing methods and more advanced trading features to give traders a more flexible and professional trading experience.

3. Asset security is more effective in protecting users' assets by adopting security measures such as multiple authentication, cold storage of assets.

4. Diversify the trading range of a wide variety of mainstream and popular cryptocurrencies on the exchanges to meet the different trading needs of different investors, increasing usage and volume.

5 major cryptocurrency exchanges in the world: Binance (Binance), Coinbase Exchange, OKX, Bybit, Upbit:

Although the above 5 are the largest cryptocurrency exchanges in the world, so far they have not been licensed in Hong Kong. If you want to trade cryptocurrencies securely in Hong Kong, we recommend using a platform licensed by the Hong Kong Securities and Exchange Commission.

How to choose a platform that supports cryptocurrency trading locally?

Futu will start supporting cryptocurrency transactions from August 1, 2024, and will be regulated and double-secured by a licensed certificate holder who will be licensed as a licensed exchange. Apart from that, there are 4 major advantages:

1. Buy and sell better

Trade 0 commission, investment threshold as low as HK$80/US$10

2. Wide range of trading options

Supports 20+ Crypto spot tradings*, including 2 major cryptocurrencies:BitcoinandEther, as well as support for a range of related virtual asset transactions. In addition to tradableCryptocurrency Spot, IT IS ALSO POSSIBLE TO TRADE CRYPTOCURRENCY SPOT ETFS OR FUTURES ETFS. In addition, you can also trade stocks with concepts related to cryptocurrencies.

* Some are only available for professional investors

3. HKD USD Direct Deposit

Now, Futu will trade cryptocurrencies without having to re-open a hot wallet, without having to re-enter a private key code composed of a long string of complicated numbers, and no need to write down any other day, or if you do not need to use the currency to convert the currency to USDT for an effective transaction, you can use Hong Kong currency. Or making a transaction in USD, aligning the funds directly from the securities account to the cryptocurrency account, makes it easier and more secure to trade USDT than when you find an exchange shop.

What are the risks when looking for cryptocurrency exchange?

You may encounter an irregular exchange shop where fraud may be present during the exchange process, such as a false quote, which causes you to exchange USDT above the market price, a refund will not be available; more likely to be borrowed for illegal activities, such as money laundering or illegal foreign exchange transactions, or the risk of improper handling of funds, such as money laundering or illegal foreign exchange transactions, or causing funds to be mishandled Sealed or frozen, leaving you at a loss:

4. User-friendly trading interface

The trading interface is too complex to cause losses when the user operates or is prone to error. Making it user-friendly, user-friendly, user-friendly, easy-to-find trading information, and buying and selling paths will not only make it easy for beginners to get started, but also ensures smooth trading. The results are commendable.

How to Trade Cryptocurrencies in Hong Kong

Futu Securities provides virtual asset trading services for Hong Kong certificated institutions to trade cryptocurrencies, cryptocurrency futures ETFs, futures ETFs and related securities in one place. Futu currently supports Bitcoin and Ethereum trading. More hot cryptocurrencies will continue to grow, please note.

Futu is licensed to provide cryptocurrency trading services and is secured with financial security. When trading, Futu offers CFD trading, where users need to buy USDT, can buy Bitcoin and FX futures directly using HKD or USD directly, with investment doors as low as HKD80/USD10, so you can quickly. Currently, there is a real supply of cryptocurrency trading on Futu 0k*. Learn MoreVirtual Currency Handling FeesDetails>>

*Offer subject to terms and conditions.

For Futu, you only need 4 steps to trade cryptocurrencies:

Step 1: Activate Crypto Trading

After successfully opening an account, you need to activate the Crypto trading feature first. Go to the [Accounts] page, click on [Cash Comprehensive Account] and open [Account Management] in [More], [Activate Trade Varieties] in [More], and select [Cryptocurrencies] in [Unactivated].

Step 2: Conduct a risk assessment

Before starting a cryptocurrency account, a “virtual asset risk assessment, virtual asset holding limit assessment, virtual asset knowledge test”, and identity verification are required. After submitting the application, start up in about 5 minutes and a successful launch will receive a system message and message.

Step 3: Deposit Funds

Before trading cryptocurrency, please allow time to allocate funds to a crypto account or directly deposit HKD or USD funds into a crypto account. Go to the [Accounts] page, click on [Cash Integrated Account - Cryptocurrency], select [Inter-Account Funds], select the settlement currency type and enter the amount, and you can trade after your account.

Step 4: Trade

Go to [Market] - [Cryptocurrencies], select the currency for which the trade is offered, click “Trade” in the lower left corner and you can start trading. (Extended reading:How to Trade Cryptocurrencies on Futubull)

The design images displayed on the screen are for illustrative purposes only and do not constitute any investment advice or guarantee.