In-depth analysis of the top ten Bitcoin trading platforms in the world in 2020

With the rapid development of Bitcoin and other cryptocurrencies, choosing an excellent trading platform has become crucial. In 2020, many Bitcoin trading platforms have emerged around the world, each with its own characteristics, attracting thousands of investors. This article will explore the rankings and characteristics of the top ten Bitcoin trading platforms in the world in 2020 to help investors make wise choices in the complex market.

First of all, it is worth mentioning that Bitcoin trading platforms are not only places for transactions, but also important tools for investors to realize wealth appreciation. According to CoinMarketCap data, in 2020, the price of Bitcoin experienced dramatic fluctuations, reaching a high of nearly $20,000, a phenomenon that attracted the attention of a large number of novice and veteran investors. In such a context, it is particularly important to choose a safe, stable and feature-rich trading platform.

1. Binance

Binance is undoubtedly one of the most popular Bitcoin trading platforms in 2020. Founded in 2017, Binance has quickly gained the favor of users around the world with its user-friendly interface and rich trading pairs. Binance provides a variety of trading methods such as spot trading, futures trading and leveraged trading to help users respond flexibly in different market environments. In addition, Binance has also launched its own currency - BNB (Binance Coin). Users can enjoy discounts when using BNB to pay transaction fees, which undoubtedly increases user stickiness.

Binance's security is also reassuring. The platform adopts multiple security measures, including cold wallet storage and two-factor authentication, to ensure the safety of user assets. According to user feedback in the first quarter of 2020, Binance's transaction speed and liquidity are excellent, which allows users to complete transactions quickly even during high volatility periods.

2. Coinbase

As the largest Bitcoin trading platform in the United States, Coinbase is known for its easy-to-use interface and strong security. The registration process of Coinbase is very simple. Users only need to provide basic information to complete the registration, which undoubtedly lowers the entry threshold for novice investors. In addition, Coinbase also provides the "Coinbase Pro" platform, which is suitable for experienced traders and provides more advanced trading functions and lower fees.

Coinbase is also very secure, with 95% of the platform's assets stored in cold wallets, greatly reducing the risk of being hacked. In 2020, Coinbase also strengthened its compliance and became a legal exchange recognized by U.S. financial regulators, further enhancing users' trust.

3. Kraken

Founded in 2011, Kraken is one of the earliest Bitcoin trading platforms in the United States. Kraken is favored by professional investors for its rich trading pairs and professional trading tools. The platform provides a variety of options such as spot trading, futures trading and margin trading, suitable for investors of different levels.

It is worth mentioning that Kraken has done a great job in transparency, regularly publishing audit reports to show users the security of their assets. In addition, Kraken's customer service has also been widely praised by users, providing 24/7 real-time support to ensure that users can get timely solutions when they encounter problems.

4. Bitfinex

Bitfinex is a relatively mature Bitcoin trading platform, known for its high liquidity and rich trading tools. The platform supports trading in multiple cryptocurrencies and provides margin trading and lending functions, which makes Bitfinex an ideal choice for experienced traders.

However, Bitfinex’s record in terms of security is not perfect, having suffered a hacker attack in 2016, which resulted in the loss of approximately 7,200 bitcoins. Despite this, Bitfinex has since taken a number of security measures to improve the platform’s security and user trust.

5. Huobi

Huobi was founded in 2013 and is a Bitcoin trading platform headquartered in China. Huobi has a huge influence in the Asian market and has a large user base. The platform provides spot trading, futures trading and leveraged trading, and users can flexibly choose according to their investment strategies.

Huobi's user interface is user-friendly and suitable for both novice and veteran investors. In addition, Huobi has launched its own token HT, and users can enjoy various benefits and rights of the platform by holding HT. This innovative incentive mechanism has attracted a large number of users to participate.

6. Bittrex

Founded in 2014, Bittrex is favored by users for its strong security and rich trading pairs. The platform supports trading of more than 200 cryptocurrencies, and users can choose different trading pairs according to their needs. In addition, Bittrex also provides a simple and easy-to-use user interface to facilitate novice users to quickly get started.

Bittrex also performs well in terms of security. The platform adopts security measures such as multi-factor authentication and cold storage to ensure the safety of user assets. According to user feedback in 2020, Bittrex's transaction speed and liquidity are very high, which can meet the trading needs of users.

7. OKEx

OKEx is a world-leading digital asset trading platform founded in 2014. OKEx provides a variety of trading methods such as spot trading, futures trading and leveraged trading, suitable for users of different levels. In addition, OKEx has also launched its own token OKB, and users can enjoy discounts on trading fees and other benefits by holding OKB.

OKEx also does a pretty good job in terms of security. The platform adopts multiple security measures to ensure the safety of user assets. In 2020, OKEx also launched a series of new financial products, attracting a large number of users to participate.

8. Gemini

Gemini is a US-based cryptocurrency exchange founded in 2015. Gemini is widely recognized by users for its strict compliance and high security. The platform provides a simple and easy-to-use trading interface, suitable for novice users.

Gemini excels in security, and the platform uses security measures such as multi-factor authentication and cold storage to ensure the safety of user assets. In addition, Gemini has also launched its own token GUSD, and users can enjoy various benefits by holding GUSD.

9. KuCoin

KuCoin is an emerging Bitcoin trading platform founded in 2017. KuCoin is favored by users for its rich trading pairs and low fees. The platform supports trading of multiple cryptocurrencies, and users can choose different trading pairs according to their needs.

KuCoin also performs well in terms of security. The platform adopts security measures such as multi-factor authentication and cold storage to ensure the safety of user assets. In addition, KuCoin has also launched its own token KCS, and users can enjoy discounts on transaction fees by holding KCS.

10. Bitstamp

Founded in 2011, Bitstamp is a Bitcoin trading platform headquartered in Europe. Bitstamp is popular among users for its strong security and user-friendly interface. The platform supports trading of multiple cryptocurrencies, and users can choose different trading pairs according to their needs.

Bitstamp excels in security. The platform uses security measures such as multi-factor authentication and cold storage to ensure the safety of user assets. In addition, Bitstamp also provides 24/7 customer support to ensure that users can get timely solutions when they encounter problems.

In summary, the top ten global Bitcoin trading platforms in 2020 have their own characteristics, and users should choose according to their own needs and investment strategies. In this rapidly developing cryptocurrency market, security, liquidity and user experience are all factors that investors need to focus on. I hope this article can provide some valuable references for investors and make everyone's Bitcoin investment journey smoother.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Compared with other countries, Chinese people are increasingly keen on cryptocurrencies such as Bitcoin. The daily cryptocurrency trading volume in the country is very high. We studied many factors, such as the number of users, security, customer satisfaction and payment options, and then collected a list of the top ten exchanges in South Korea on the website of Coin Circle. If you plan to start trading, this article will undoubtedly be very helpful to you.
2020 Global Ranking
NO.1 website
Huobi.com, the full name of Huobi Global Professional Station, is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. It currently provides more than 40 types of digital asset trading and investment services. It is headquartered in Singapore and operated by the Huobi Global Professional Station team. Huobi Group is a digital asset comprehensive service provider with global competitiveness and influence, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions. In terms of technology platform, product line, security risk control system, operation and customer service system, Huobi Group is in a leading position in the world.
NO.2
(), an internationally leading blockchain digital asset international station, provides a wide range of digital currency transactions, blockchain education, blockchain project incubation, blockchain asset issuance platform, blockchain research institute, blockchain public welfare and charity services to the world. Its current users cover more than 180 countries and regions around the world. With core memory matching technology of 1.4 million orders per second, it is one of the fastest cryptocurrency trading platforms in the world and one of the largest cryptocurrency trading platforms in the world.
Binance always puts the interests of users first and is committed to providing a safe, fair, open and efficient blockchain digital asset trading environment. At the same time, with blockchain as the core, Binance will build a comprehensive blockchain ecosystem. Together with Binance users, Binance will create a new blockchain world and make history together.
3. Coinbase Pro
Coinbase Pro is headquartered in the United States and provides users with a secure platform to facilitate users to invest in various digital assets.
The Pro platform interface is simple and easy to use, including real-time order query, charting tools, transaction history and simple order process.
NO.4
OKEX () is one of the world's leading international digital asset sites, mainly providing spot and derivative trading services for digital assets such as Bitcoin, Litecoin, and Ethereum to global users. It is affiliated to OKEX Technology
Company Limited. When OKEX was founded, it received a million-dollar angel investment from the startup workshop co-founded by Tim Draper, one of the world’s top investors.
Mr. Draper is also an investor in world-class companies such as Hotmail, Baidu, and Tesla. In early 2014, OKEX received a US$10 million Series A investment from Ceyuan Ventures, a well-known Chinese venture capital fund, and Longling Investment, owned by the founder of Hong Kong-listed Meitu (01357.HK).
No. 5 BitMEX
BitMEX was established in the Republic of Seychelles and is the most advanced international Bitcoin derivatives platform. It provides up to 100 times leverage for Bitcoin products, and also provides high leverage for other digital currency products.
BitMEX uses the latest multi-factor security mechanism from the inside out, with high security performance. BitMEX also offers a variety of contract types. All contracts are purchased and paid with Bitcoin.
6. Gemini
Gemini is an international Bitcoin and Ethereum site founded by the Winklevoss brothers. It is a digital currency financial investment platform and custodian that allows customers to invest and store digital assets and is directly regulated by the New York State Department of Financial Services (NYDFS).
Headquartered in New York, Gemini currently only supports investments in BTC, ETH, and Zcash, and only operates in the United States, Canada, the United Kingdom, South Korea, Hong Kong, and Singapore.
No. 7 Bitfinex
Bitfinex is one of the world's largest and most advanced international Bitcoin sites, supporting transactions of Ethereum, Bitcoin, Litecoin, Ethereum Classic and other virtual currencies, with a daily trading volume of more than 3 billion RMB. It provides currency-to-currency transactions and USD-to-currency transactions. Registration is very simple. In 2016, about 120,000 Bitcoins were stolen from Bitfinex through social media. Affected by this incident, the price of Bitcoin fell by 20% at the time.
NO.8 Bitget
Bitget Exchange supports real-time online transactions of 500+ virtual currencies, and holds Canadian MSB license M20179708, US MSB, Australian DCE and other licenses. In 2022, it will gradually add financial management, half-price coin purchases, voting for coin listings, contract strategy trading, and add more capabilities to SBGB. It is a one-stop shop suitable for all types of investors.
9. Bitstamp
Bitstamp is a long-established international website in Europe, and was once ranked third in the world. The founder of BitStamp is Nejc Kodrić.
Kodric, and in August 2011, he co-founded BitStamp with Damian. In October 2013, Bitstamp received $10 million in investment from Pantera
Capital
In January 2015, Bitstamp was attacked by hackers, and $5.1 million worth of Bitcoin was looted, and the platform was temporarily shut down. Soon after, Bitstamp was reborn and has now resumed normal operations.
NO.10 bitFlyer
BitFlyer was founded in 2014 and is headquartered in Japan. Its Bitcoin trading volume ranks first in Japan.
Bitflyer was founded by former Goldman Sachs employees with the intention of filling the gap in the Japanese Bitcoin trading market after the collapse of MtGox. It has received two rounds of financing so far, with investors including Mitsubishi UFJ Capital Co., Ltd. (
Mitsubishi UFJ Capital Co., Ltd., Dentsu Digital Holdings, a venture capital company under the Dentsu Group of Japan
Holdings, Inc.) etc. Since 2015, the company has launched many new services, including bitFlyer
Lightning, Bitcoin International Station designed for professionals, Chainflyer blockchain browser, etc.