Best Crypto Exchanges for Low Fees and Human Advisor Access
Investing in cryptocurrency can be a great way to diversify your portfolio, but it’s essential to choose a reputable and regulated crypto exchange. Here are the top cryptocurrency exchanges for low fees and human advisor access, as chosen by Business Insider editors in 2025.
Best Cryptocurrency Selection: Coinbase
Coinbase is one of the best investment platforms for crypto trading, staking rewards, and crypto storage. It offers nearly 250 coins and tokens and is great for active real investors who can utilize Coinbase’s services, account options, and investment tools.
- Pros: Access to hundreds of cryptocurrencies, multiple advanced trading platforms, hot wallet storage, private client services, NFT trading platform
- Cons: High trading and transaction fees, pay more for lower balances
Best for Mobile Trading: Crypto.com
Crypto.com is a popular global crypto trading platform known for its user-friendly mobile trading app, DeFi wallet storage, and reward opportunities. It supports 400+ cryptocurrencies and offers advanced trading technology, including staking and thematic Crypto Baskets.
- Pros: Supports 400+ cryptocurrencies, mobile app with advanced crypto trading features and reward opportunities, DeFi wallet storage
- Cons: Not available in New York, high fees on debit and credit card transactions
Best for Institutional and Private Wealth Management: Abra
Abra is a global crypto exchange serving institutions and private clients in 150+ countries. It offers comprehensive cryptocurrency investment solutions and wealth management services, including OTC trading, lending services, and sovereign wealth funds.
- Pros: Institutional and private client crypto trading services, OTC trading strategies, treasury services
- Cons: Abra’s retail trading is no longer available in the US
Best Security: Kraken
Kraken is one of the oldest and most well-established global crypto exchanges with industry-leading educational resources and security features. It offers users access to high-priority 24/7 live chat and email support.
- Pros: Educational resources and tutorials available, offers institutional services like OTC trading and one-on-one consultations, range of advanced trading tools
- Cons: Kraken’s futures trading platform isn’t available to US traders, only institutional and high-net-worth clients can use the exchange’s consultation and account management services
Best Security Runner-Up: Binance.US
Binance.US is a comprehensive cryptocurrency exchange and mobile app for trading a wide range of cryptocurrencies with low fees and robust staking reward options. However, it doesn’t offer margin trading or futures.
- Pros: Free bitcoin trades are available and low trading fees, institutional services available
- Cons: Does not offer crypto futures or margin trading
Best for Bitcoin: Cash App Investing
Cash App Investing is a beginner-friendly platform for banking and investing on the go. It offers commission-free trading of more than 1,800 stocks and ETFs and allows users to buy, sell, send, and receive Bitcoin.
- Pros: No minimum to open an account, online banking and investing on the same platform, fractional shares available
- Cons: Cash App Investing only offers bitcoin
Understanding Crypto Exchanges
A cryptocurrency exchange is like an online brokerage for cryptocurrencies, tokens, and other digital assets like NFTs. Investors can buy, sell, and trade cryptocurrencies for other cryptocurrencies or fiat currencies.
Types of Crypto Exchanges
- Centralized Exchanges (CEX): Centralized exchanges are the most common type of crypto exchange, offering features like fiat on-ramps and advanced charting tools.
- Decentralized Exchanges (DEX): Decentralized exchanges operate on the blockchain, offering peer-to-peer trading without intermediaries and prioritizing privacy and security.
Choosing the Best Crypto Exchange
When deciding how to choose a crypto exchange, consider factors like risk tolerance, time horizon, preferred trading features, and investment goals. Ensure the exchange you pick matches your preferred trading style and is licensed and compliant with industry regulations.
Expert Insights
We interviewed investing experts Sandra Cho and Tessa Campbell to gain their insights on cryptocurrency exchanges. They emphasized the importance of understanding the risks involved in investing in cryptocurrencies and choosing a reputable exchange.
Key Takeaways
- Cryptocurrency exchanges offer ease of trading and functionality, but also come with unique risks.
- Investors should be wary of the risks and lack of oversight in the industry.
- It’s essential to research and choose a reputable exchange that aligns with your investing preferences.
