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Best Altcoin Exchanges

In this guide, we look at the 10 best altcoin exchanges of 2024. These make it here because they support all the best altcoins while maintaining highly competitive trading fees. They have also made it here because they are multi-platform and integrate various advanced trading tools.

Plus, they have low minimum deposit and trade limits. This guide then shares tips on how to choose the best crypto exchange.

We even provide a step-by-step guide to trading your first altcoin on a crypto exchange.

Best Altcoin Exchanges for 2024

The list below outlines what our analysts and most crypto traders consider the best altcoin exchanges in 2o23.

  1. eToro  Overall Best Altcoin Exchange 2024
  2. KuCoin Best Altcoin Trading Platform for Active Day Traders
  3. Coinbase – The Most Beginner-Friendly Altcoin Trading Platform
  4. Kraken – Best Altcoin Exchange for Security
  5. Binance – Best Altcoin Trading Platform for Low Fees
  6. WeBull – Start Trading Altcoins on WeBull with as Little as $1
  7. OKX – Top Altcoin Trading Platform Supporting 300+ Assets
  8. Crypto.com – Top Altcoin Trading Platform for Passive Investing
  9. ByBit – Best Altcoin Trading with a Diverse Range of Advanced Trading Tools
  10. Robinhood – Best Commission-Free Altcoin Trading Platform

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Below, we will take a closer look at the best crypto trading platforms listed above. We will also tell you what an altcoin trading platform is and teach you how to use altcoin exchanges.

The Top 10 Altcoin Trading Platforms Reviewed

When searching for the best altcoin exchange, we considered a number of factors. First, we checked their reputation and regulation status. We also assessed the supported markets, integrated trading tools, fees, and user-friendliness.

Here is an overview of what we consider the best crypto trading exchange.

1. eToro – Overall Best Altcoin Exchange 2024

eToro tops our selection of the best altcoin exchanges because of its appeal to both beginner and expert traders. It draws in newbie crypto investors with its user-friendliness and support for the best beginner cryptos to buy.

The experts are, on the other hand, drawn in by such factors as competitive fees. They also appreciate that eToro supports the best altcoins to trade and integrates a diverse range of advanced trading tools.

The process of buying cryptos on eToro is quite straightforward. You start by creating an account – in less than 10 minutes. Fund this account using one of the many supported payment options. We need to observe that eToro is one of the few exchanges that let you buy altcoins like Ethereum with PayPal.

eToro Altcoin Exchange

The minimum deposit is $10, and so is the minimum trade amount. And the exchange doesn’t charge a deposit processing fee.

If you are new to crypto trading, eToro will let you practice trading on their free demo account. This is loaded with $10,000 rechargeable virtual funds. You may also take advantage of its copy trading feature to earn passively.

This lets you copy the trade settings of highly successful traders to your account. And you only need $200 to start copy trading. You can even copy smart portfolios that align with your investing goals and risk tolerance – if you are looking for a more diversified portfolio.

Some of the hottest cryptos to trade on eToro today include Ethereum, Solana, Ripple, Cardano, and Polygon. You may also trade the best DeFi coins like Aave, Maker, Compound, and Uniswap. May we add that eToro operates one of the best crypto trading apps. This allows you to enter positions or monitor open trades on the move.

eToro Copy Trading

The multi-regulated crypto brokerage then presents you with two free and safe crypto wallets. First is the exchange-based vault that holds 90%+ of client assets offline. You also get the free and non-custodial mobile wallet app for iOS and Android – the eToro Money. This encrypts the private keys for your altcoins before depositing them in the root storage of your phone.

To learn more about some of eToro’s key features and how it compares to other top exchanges, read this eToro vs. Robinhood comparative review.

Number of Altcoins 58
Debit Card Fee FREE
Fee to Buy Ethereum Spread + 1%
Minimum Deposit                 $10

What we like:

  • ✅ Access tens of all the popular digital assets
  • ✅ Affordable deposit/trade minimums at $10
  • ✅ Supports copy trading and copy smart portfolios
  • ✅ Integrates many advanced trading, analysis, and risk management tools
  • ✅ eToro is a safe crypto exchange and has never been hacked

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. KuCoin –Best Altcoin Trading Platform for Active Day Traders

A number of factors make KuCoin one of the best altcoin trading platforms. First is its deep liquidity, which has seen it consistently rank among the 10 most liquid crypto trading platforms. It is also listed here because of its support for a wide range of cryptos. At the moment, you can buy 720+ popular cryptos on KuCoin and trade 1000+ crypto pairs. And you only need as little as $1 to start trading.

Invest in Bitcoin Via Kucoin

Some of KuCoin’s key features include maintaining a beginner-friendly crypto trading interface. It is also a multi-platform exchange – available on the web and mobile trading app. It then presents you with multiple ways of buying cryptocurrencies on the platform. You can buy top trending cryptos instantly.

Investors may also buy cryptos with debit cards and credit cards and using hundreds of international eWallets on the KuCoin peer-to-peer trading platform. All these endear the platform to novice investors.

Pro crypto traders like KuCoin because it integrates hundreds of advanced trading and analysis tools. They also like it because, in addition to crypto spot trades, KuCoin supports margin trading with leverages of up to 10X. You even get to interact with crypto derivatives – futures and options contracts.

Not forgetting that it even allows you to automate your trades via one of the many supported crypto trading bots.

Several other factors help make KuCoin one of the best crypto exchanges in the world. These include its competitive volume-based maker/taker fee – ranging between 0.1% and -0.005%. It also has a highly responsive customer support team – available online 24/7. Plus, it hosts multiple passive investing tools, from savings to staking, crypto lending, and even dual investing.

Number of Altcoins 720+
Debit Card Fee FREE
Fee to Buy Ethereum Volume based maker/taker between 0.1% and -0.005%
Minimum Deposit                 $2

What we like:

  • ✅ Trade passively with lucrative crypto trading bots
  • ✅ Safe exchange provides users with free wallets – – both custodial and non-custodial
  • ✅ Enjoy trading fee discounts of up to 20% off when you with KCS tokens
  • ✅ Features a token launch pool allowing you to invest in the next cryptos to explode
  • ✅ Interact with hundreds of highly advanced trading, technical analysis, and risk management tools

3. Coinbase – The most beginner-friendly Altcoin Trading Platform

Coinbase has been consistently ranked the most beginner-friendly crypto exchange in the world. It has also been the best place to buy cryptos in the US for most of the country’s residents. This crowning is mostly attributed to its user-friendly web and mobile trading platforms.

It also is attributed to its dedication to crypto education. Here, you learn how to invest in cryptos, how to trade, and how to keep your digital assets safe. Coinbase will even reward you with free crypto when you learn about crypto and blockchain projects.

Coinbase crypto exchange

Coinbase is also listed here because it supports a decent number of cryptos and crypto trading pairs. It also integrates close to 100 trading and analysis tools. Not forgetting that it launched the Coinbase PRO trading platform – dedicated to expert crypto traders. This has more advanced tools, lists more trading pairs, and charges more competitive fees.

The publicly listed digital assets company is also one of the safest crypto exchanges. It holds as much as 98% of client assets offline and provides users with a free crypto wallet app for iPhone and Android. It then insures the 2% remaining on hot wallets and also insures client deposits of up to $250,000 with the FDIC.

To learn more about Coinbase features and how it compares to other exchanges, read this Coinbase vs Crypto.com comparative review.

Number of Altcoins 100+
Debit Card Fee 3.99%
Fee to Buy Ethereum 1.49% commission
Minimum Deposit                 Starts from $2

What we like:

  • Coinbase is the only publicly traded exchange in the world
  • Coinbase lets you buy cryptos with credit cards, debit cards, and PayPal
  • It integrates multiple features aimed at keeping your crypto safe
  • Regulated by SEC in the US and FCA in the UK
  • Features all the best cryptos to buy

4. Kraken – Best Altcoin Exchange for Security

Many factors help make Kraken the best altcoin trading exchange. For starters, it lists all the best cryptos, 180+ and 300+ crypto pairs. It is also deeply liquid – ranking among the top five most liquid crypto exchanges in the world.

Thirdly, it makes it here because of its beginner-friendliness. This is marked by a straightforward client onboarding process and an easily navigable interface. Plus, you only need $1 to start trading the best altcoins on the Kraken exchange.

Kraken crypto exchange

But we feature Kraken here primarily because of its security. It is arguably the safest crypto exchange in the world. This is evidenced by the fact that it has never been hacked, even though it has been around since 2011.

It has put in place multiple security safeguards around client assets and data. Key among them is the storage of client assets in offline distributed ledgers. Further, Kraken doesn’t share sensitive client information with third parties.

There are multiple other factors that would make you consider trading the best future cryptos on Kraken. For starters, it presents you with multiple ways of buying digital assets. You can buy and sell cryptos instantly or place a limit order. High rollers also get to use the Kraken dark pool that lets them trade cryptos anonymously.

Kraken is also a multi-platform exchange available on the web and mobile app trading platforms. Expert traders may also buy and sell top coins via Kraken Pro. This exposes them to more pairs, lower fees, and more advanced trading, as well as risk-management tools.

Number of Altcoins 185+
Debit Card Fee 3.75% + $0.25
Fee to Buy Ethereum 1.5% with stablecoin or 0.9% with USD
Minimum Deposit                 $1

What we like:

  • ✅ Kraken embraces a security-first approach to crypto investing
  • ✅ Trade high volumes of crypto anonymously on dark pool
  • ✅ Competitive crypto trading fees
  • ✅ Kraken is a multi-asset crypto exchange – supporting coins and NFTs
  • ✅ Beginner-friendly with a rich crypto education section

5. Binance –Best Altcoin trading Platform for Low Fees

Binance is the most popular and the most liquid crypto exchange in the world. It is the deep liquidity that makes it one of the best altcoin trading exchanges. It implies that even the largest orders are filled fast, without slippage. And this is complemented by its ultra-fast transaction processing speeds. It also ranks highly among the best crypto exchanges for day trading because of its low fees.

Binance crypto exchange

For starters, note that you only need $1 to start trading on Binance. The exchange then charges a volume-based maker/taker transaction fee of between 0.1% and 0.012%. And if you settle this fee using BNB tokens, you get a 25% discount on said fees.

Binance also lists here because it lists a wide range of cryptos, 600+ coins and 1500+ crypto pairs. Here, you will find the most sustainable cryptos to buy. It even gives you access to the most undervalued cryptos as well as niche coins like the best tokens to buy on the Arbitrum network. Further, Binance presents you with multiple ways of buying cryptos.

Here, you can buy cryptos instantly. You may also buy cryptos with bank deposits, debit cards, or credit cards on Binance. You may also buy cryptos on Binance peer-to-peer trading. This lets you buy top trending cryptos from your peers with 700+ payment methods – from PayPal to Amazon gift cards.

There are numerous other reasons why Binance makes it to our list of where to buy altcoins. For starters, it lets you trade crypto derivatives – futures and options. It also supports margin trading – with leverages of up to 10X.

It also exposes you to the DeFi ecosystem. This gives you access to hundreds of thousands of tokens and tens of highly lucrative DeFi platforms. Not forgetting that it, too, operates one of the best crypto trading mobile apps.

To learn how Binance compares to other top exchanges, read our eToro vs Binance and Binance vs Coinbase comparative reviews.

Number of Altcoins 600+ (60 in the US)
Debit Card Fee 4.5% plus 0.5% buy fee
Fee to Buy Ethereum Maker/taker fee between 0.012% and 0.1%
Minimum Deposit                 $1

What we like:

  • ✅ Binance is highly secure – insuring client deposits with a $1 Billion insurance fund.
  • ✅ Integrates 100+ advanced trading and technical analysis tools
  • ✅ Publishes audited proof of reserves audit
  • ✅ Has some of the highest daily withdrawal limits – up to 10 BTC for verified traders
  • ✅ Integrates multiple passive income-generating tools – both simple and high-yield

6. WeBull – Start Trading Altcoins on Webull with as Little as $1

Webull is not a crypto exchange. It is a multi-asset trading platform that lists top altcoins. It is a commission-free brokerage started in May 2017 and headquartered in New York, US. And we include it in this list because it is the best place to trade altcoins commission-free.

It also has some of the lowest trade minimums, as you only need $1 to start investing in cryptos on the platform. Not forgetting that it doesn’t have a minimum deposit limit.

Webull crypto exchange

Here, you can buy and sell six popular cryptos. These are Shiba Inu, Litecoin, Ethereum, Dogecoin, Bitcoin Cash, and Bitcoin. The trades are settled instantly and can be traded on either their web or mobile app trading platforms. Note, however, that Webull will only accept bank deposits.

In addition to these, you may also consider trading altcoins on Webull because it is secure. The multi-regulated platform has put in place multiple security safeguards around your coins and personal data. It even allows you to create a diversified portfolio featuring cryptos, stocks, ETFs, and Indices.

Number of Altcoins 6
Debit Card Fee N/A
Fee to Buy Ethereum Commission free
Minimum Deposit                 $1

What we like:

  • ✅ Start buying cryptos with as little as $1
  • ✅ Create a diversified investment portfolio featuring cryptos and traditional assets.
  • ✅ Trade the best altcoins commission-free
  • ✅ Beginner-friendly crypto trading platforms – both web and mobile app
  • ✅ Create a tax-advantaged IRA account on Webull and use it to invest in cryptos

7. OKX – Top Altcoin Trading Platform Supporting 300+ Assets

With more than 50 million users across the world, OKX is one of the most popular Bitcoin exchanges. It is also one of the most liquid trading platforms. Not forgetting that it also lists a diverse range of digital assets – 300+ coins and 600+ trading pairs.

Here, you get to trade everything – from the most volatile altcoins to the most promising cryptos. These, combined with its user-friendliness, fast transaction speeds, and advanced tools, make OKX the best altcoin trading platform.

OKX Crypto Exchange

We also list it here because of its affordability. You only need $1 to start trading altcoins on OKX. The platform presents you with multiple ways of buying cryptos – from banks to cards and even P2P. The exchange then charges highly competitive fees, ranging between 0.1% and 0.06% for regular users. Sport trading fees for VIP users, on the other hand, range between 0.06% and -0.005%.

OKX is also one of the best altcoin exchanges because it appeals to both beginner and pro investors. Novice traders can buy crypto instantly and interact with the many passive investing tools. Experts, on the other hand, get to interact with multiple trade options and the advanced tools featured on the platform.

They, for instance, can trade crypto on margin with leverages of up to 10X. They may also trade crypto derivatives – futures and options. Not forgetting that they may also leverage trading bots.

Number of Altcoins 340+
Debit Card Fee Not Specified
Fee to Buy Ethereum Maker/taker fee between 0.06% and 0.1%
Minimum Deposit                 None

What we like:

  • ✅ OKX is a safe exchange with a free crypto wallet app and a secure exchange-based vault
  • ✅ Integrates hundreds of advanced charting and technical indicators
  • ✅ Highly intuitive web and mobile trading platforms
  • ✅ Responsive customer support team available on live cat 24/7
  • ✅ Supports copy trading and trading bots

8. Crypto.com – Top Altcoin Trading Platform for Passive Investing

Crypto.com is one of the fastest-growing crypto exchanges in the world. A number of factors help it stand out among the best altcoin exchanges and trading platforms. First is its support for a wide range of the best altcoins to buy now. Secondly, it has a highly intuitive trading platform with some of the fastest transaction processing speeds.

Not forgetting that it has a swift client onboarding process and low deposit/trading minimums – $1.

Crypto.com is also the best because it lists a wide range of popular altcoins. Here, you can buy 250+ cryptos and trade more than 500 crypto pairs. Most of these can be margin traded with leverages of up to 10x. Plus, in addition to spot crypto, you can trade crypto derivatives – futures and options – on the multi-regulated platform. These can be traded on either the web or crypto trading mobile app.

Crypto.com Trading Platform

Other factors informing our decision to feature Crypto.com here include its commitment to the security of client funds. The exchange, for example, provides its platform users with two free wallets. First is the exchange-based wallet and second is the free non-custodial mobile wallet app. The exchange doesn’t share client data with third parties and publishes audited proof of reserves reports regularly.

Further, Crypto.com presents users with a DeFi Wallet app. This exposes you to 500,000+ tokens in the DeFi ecosystem. Here, you also interact with the top DeFi platforms, the best DeFi coins, and popular dApps. These let you earn passively and pay competitive rewards.

Number of Altcoins 250+
Debit Card Fee 2.99%
Fee to Buy Ethereum Maker/taker fee between 0.075% and 0%
Minimum Deposit                 $1

What we like:

  • ✅ Enjoy a 3% to 30% fee discount if you have staked CRO tokens
  • ✅ Buy crypto with PayPal, cards, and bank deposits
  • ✅ Interact with high-yield passive income generators – from staking to crypto lending.
  • ✅ Supports bot trading
  • ✅ Buy and sell goods with crypto using the Crypto.com visa card

9. ByBit – Best Altcoin Trading with a Diverse Range of Advanced Trading Tools

ByBit integrates one of the broadest range of advanced trading tools on its trading platform. It achieves this while ensuring its web and mobile trading platforms remain as beginner-friendly as possible. It also maintains some of the fastest crypto transaction processing speeds and highly competitive fees. All these have been put in place to ease the trading of 900+ coins and 2000+ crypto pairs listed here.

Bybit exchange

These, however, aren’t the only factors making ByBit one of the best altcoin exchanges. It also makes it here because you only need $1 to start trading. It also lets you margin trade spot crypto with leverages of up to 10X. You also get to trade crypto derivatives, futures and options – with leverages of up to 50X. In addition to virtual currencies, ByBit integrates a marketplace where you buy and sell popular NFTs.

ByBit also integrates a wide range of crypto trading products. It, for instance, has integrated the copy trading tool that makes it possible for virtually any ByBit user to earn passively. It also integrates a host of trading bots that let you automate your altcoin trades.

Further, ByBit integrates multiple passive income-generating products – both simple earning and high yield. These include staking, crypto lending, liquidity mining, ByBit savings, and dual investing.

Number of Altcoins 900+
Debit Card Fee 0%
Fee to Buy Ethereum Maker/taker fee between 0.1% and 0.005%
Minimum Deposit                 $1

What we like:

  • ✅ Highly competitive crypto trading fees between o.1% and 0.005%
  • ✅ ByBit exposes you to the rich Web3 and DeFi ecosystems
  • ✅ Trade passively with bots and copy trading on ByBit
  • ✅ Deep liquidity ensures even large trades are filled fast and without slippage
  • ✅ Trade cryptos for free on the ByBit P2P trading platforms

10. Robinhood – Best Commission-Free Altcoin Trading Platform

Unlike most of the trading platforms we have discussed so far, Robinhood is not a crypto exchange. It is a multi-asset trading platform listing cryptos and popular traditional finance instruments. This makes it the best place to create a diversified crypto trading platform. The fact that it is commission-free and lists close to 20 assets makes it the best place to buy altcoins for free.

Robinhood Crypto Assets

In addition to the commission-free trades, there are several other benefits of buying altcoins on Robinhood. For starters, it has the most straightforward client onboarding process. It doesn’t even have a minimum deposit limit, and you can start buying Ethereum, Dogecoin, Arbitrum, or Optimism tokens with as little as $1.

Number of Altcoins 18
Debit Card Fee Commission free
Fee to Buy Ethereum Commission free
Minimum Deposit                 $1

What we like:

  • ✅ Robinhood gives you access to real-time market data of all cryptos
  • ✅ It has the most responsive customer support team available 24/7
  • ✅ It is highly secure and embraces two-factor authentication
  • ✅ Trade cryptos at no fees
  • ✅ Fastest deposit and crypto withdrawal fees

The Best Altcoin Exchanges Compared

In the table below, we compare the number of supported coins, fees, and the minimum deposit requirements of the best altcoin exchanges.

Altcoin Exchange No. of supported altcoins Debit card trading fee Ethereum trading fees Minimum deposit
eToro 85+ (58 in the US) Free Spread + 1% $10
KuCoin 700+ Free Volume based maker/taker between 0.1% and -0.005% $2
Coinbase 100+ (50 in the US) 3.99% 1.49% $2
Kraken 185+ 3.75% + $0.25 1.5% with stablecoin or 0.9% with USD $1
Binance 600+ (60 in the US) 4.5% plus 0.5% buy fee Maker/taker fee between 0.012% and 0.1% $1
Webull 6 Not supported Commission free None
OKX 340+ Not specified Maker/taker fee between 0.06% and 0.1% None
Crypto.com 250+ 2.99% Maker/taker fee between 0.075% and 0% $1 ($20 for ACH transfer)
ByBit 900+ 0% Maker/taker fee between 0.1% and 0.005% $1
Robinhood 18 Free Commission free $1

What is An Altcoin Exchange?

An altcoin exchange is an altcoin marketplace that facilitates the trade of cryptocurrencies other than Bitcoin. They create a platform where you can buy and sell any of the 18,000+ altcoins. Note, however, that even though the altcoin market is relatively huge, most altcoin exchanges will only support a few hundred altcoins. In most cases, exchanges hardly support more than 1,000 cryptos.

crypto exchange

They only support serious coins that the investing community has expressed serious interest in. These are marked by a huge online following, especially on social media platforms, a large market cap, high daily trade volumes, and the availability of multiple crypto trading pairs.

To buy altcoins at an exchange, you will need to either deposit fiat or another digital currency. Most will also avail different ways of buying crypto. Some will let you buy altcoins like Shiba Inu instantly using available balance. Others will let you buy digital assets like Ethereum with debit cards and credit cards or bank deposits.

A growing number will also let you trade crypto fee-free at integrated peer-to-peer trading platforms.

In addition to facilitating the buying and selling of altcoins, top trading exchanges also provide crypto custody services. Most will provide you with a free, exchange-based digital wallet. They will also give you a free and non-custodial crypto wallet app for iPhone and Android.

How to Choose the Best Altcoin Trading Platform for You

Data from the CoinMarketCap indicates that there are more than 600 altcoin exchanges in the world. A good number of these support a decent number of altcoins, are deeply liquid, and charge competitive transaction fees. This complicates the process of finding the best altcoin exchanges, especially for novice and intermediate crypto traders.

In this section, we share practical tips on what to consider when searching for the best altcoin exchanges and trading platform. These include:

Regulation and reputation

It is imperative that you register with a highly regulated exchange. Regulated exchanges have an oversight body overseeing their activities ensuring they do things by the book and keep client assets safe. eToro and Coinbase, for example, are regulated by the SEC. eToro is also a member of FINRA, and they both insure clients deposits up to $250,000 with the FDIC.

In the absence of regulatory oversight, ensure your preferred exchange has a solid reputation. It should also have a solid reputation for reliability and keeping client assets and data safe. Binance is, for instance, reputed for keeping client assets safe.

For instance, after the only ever hacking incident in early 2022, where $570 Million was stolen, it made every effort to recover the funds. In the end, more than $470 Million was recovered, and Binance covered the difference to make all clients whole.

Fees and other charges

The fees and charges maintained by your preferred altcoin trading platform have a huge impact on your profitability and determine your take home. It, therefore, is important that you only register a crypto trading account at an exchange with the most competitive fees.

When vetting different trading platforms, be sure to check the two types of fees and charges maintained there. These are the trading fees and non-trading fees. Trading fees, in this case, refer to the cost of executing a buy or sell order. Most brokerages charge a fixed commission while crypto exchanges maintain a volume-based maker/taker fee.

Non-trading fees refer to any other charge other than the transaction fee. These include deposit processing fees, withdrawal fees, inactivity fees, and broker commissions.

When searching for the best altcoin exchanges, compare the trading and non-trading fees imposed by most platforms. Assess the impact these will have on your trades and profitability. Only go for the most affordable altcoin trading platform.

Supported coins and liquidity

You will also want to confirm the number of cryptos supported by a crypto trading platform before registering an account with them. In this case, you want to ensure they support your preferred digital currency. You will also want to ensure the best altcoin exchanges list quality crypto trading pairs.

The ideal altcoin exchange should also be liquid. This implies that it should record decent daily trade volumes for all the supported digital assets. This is important because it affects how fast your trades are filled and possible slippage. And the two have a direct impact on the profitability of your trades.

Wallet and security

Your preferred altcoin trading platform should also be committed to the security of client funds. You need to note that different crypto exchanges have different approaches to securing their platforms as well as client data and funds.

At the very least, the exchange should provide you with an ultra-secure exchange-based wallet as well as a mobile wallet app. They should also enforce multi-factor authentication for both the crypto trading account and the wallet account.

But you will also note that different exchanges have come up with unique ways of securing their platforms. The likes of Binance, Crypto.com, and Kraken lead with transparency. They regularly publish audited proof-of-reserve reports. Virtually everyone else holds 90%+ of client assets in offline vaults.

Others, such as Coinbase, insure client deposits with the FDIC, while the likes of Binance have come up with a billion-dollar in-house insurance fund. Vet all these and only register with an exchange that has put adequate security safeguards around your assets.

Tools and features

The ideal best altcoin exchanges and trading platform should also integrate adequate tools and features into its platform. These should be both beginner- and expert-friendly. Beginner-friendly tools, in this case, include a comprehensive trader academy and a demo account. The academy teaches them how to trade cryptos and how to keep their assets safe.

The demo account, on the other hand, helps them learn how to interact with the trading platform and also perfect their trading skills.

Expert-facing tools, on the other hand, include advanced charting, analysis, and research features. These include charting tools and technical indicators like MACD, moving averages, Bollinger bands, and even RSI indicators.

It also gives you access to real-time market news and an updated economic calendar. These should then extend to risk-management tools like stop loss, trailing stop, and hard stop. It also helps if your ideal Altcoin in trading exchange has crypto price alerts.

Supported payment methods

Your preferred altcoin exchange should also support a decent range of payment methods. It pays to only register with an exchange that lets you buy cryptos with both cryptos and fiat payment methods. When it comes to fiat, the exchange should support as many payment methods as possible.

The most common payment options are bank deposits, credit cards, debit cards, and eWallets like PayPal, Skrill, and Neteller.

Don’t just compare the supported payment options of the different altcoin exchanges trading platforms. You will also want to confirm the corresponding fees. Check if your preferred altcoin exchanges maintain deposit or withdrawal processing fees. Only register with an in-exchange with no or lowest payment processing fees and most payment options.

Mobile-friendliness

When vetting an altcoin trading platform based on its mobile friendliness, you will need to consider two things. First, you will want to check if its web trading platform is optimized for mobile use. Here, you will want to look at the site load speeds and navigability.

Secondly, check if your preferred altcoin trading exchange has a stand-alone mobile trading app. The app should be available on the App Store as well as on the Play Store. It should be highly navigable and feature all the important tools and features hosted in the web trading platform.

Customer service

The ideal altcoin trading platform should also maintain a readily accessible and highly responsive customer support team. The team should be knowledgeable and able to solve even complex challenges quickly.

There are two ways of confirming the responsiveness and user-friendliness of an altcoin trading exchange. First, check the reviews of their current and past clients on the different reputable online review platforms. You may also check user comments and reviews on the exchange’s App Store or Play Store pages. Secondly, consult professional reviewers and independent crypto analysts.

How to Open an Account with Altcoin Exchanges – A Step-by-Step Beginners Guide

In this section, we will teach you how to trade altcoins. For this illustration, we will walk you through the process of buying and selling digital currencies like Dogecoin on eToro. As we mentioned above, you only need $10 to get started.

Step 1: Register a crypto trader account

Sign up via etoro

Start by opening a free account on the eToro.com website. Simply hit the “Join Now” button and complete the user registration form that pops up. Alternatively, download the eToro crypto trading mobile app. Either will ask for such basic personal details as your name and phone number, country of residence, and trading experience. You will also need to come up with a unique username and create an account password.

Step 2: Verify your identity

The registration process at eToro is only considered complete after you have verified your identity. Submit a copy of your government-issued identification document – such as a passport or driver’s license. eToro will review the account and send you an approval notification within 24 hours.

Step 3: Fund your account

Deposit funds on eToro

Log in to your approved crypto trader account and hit the “Deposit Now” tab. A funding tab will pop up indicating all the payment options available to you. Choose one of the payment options and follow the prompts to fund this account with at least $10.

Step 4: Identify the altcoins to trade

crypto exchange account

On the user dashboard, click on the” Discover” button and choose to trade cryptos. The brokerage will provide you with a list of all the supported altcoins. It even shows a market sentiment indicator against each crypto. This tells you whether the larger market is holding, buying, or selling the asset.

Step 5: Start trading altcoins

After identifying the best altcoins to buy now, hit the “BUY” option. A trading tab will pop up. Use it to customize this trade by indicating how much money you wish to invest in this coin. Hit the “Open Trade” button to execute this trade. Repeat this process to sell the asset and lock in profits after its gains value.

Crypto asset investing is highly volatile and unregulated in some EU countries. 

Conclusion – The Best Altcoin Exchanges Today

There goes our list of top recommendations for the best altcoin exchanges today. These support a wide range of altcoins, are liquid, and charge highly competitive trading fees. Some stand out for their beginner friendliness, others for their low fees, and yet others for their security. The paper then explains what is an altcoin exchange and shares tips on how to find the best exchange for you.

Want to start buying and selling top altcoins today? Follow the step-by-step guide detailed above. It teaches you how to start trading altcoins on the all-popular eToro crypto exchange.

Editor Checked Reviewed and Fact Checked by Kamal Masri, Fintech and Crypto Editor and Financial Analysts.

eToro Exchange

  • Best Copy Trading Platform of Professional Traders
  • Over 75 cryptos to trade
  • Minimum deposit only $10
  • Free Demo Account, Crypto Wallet
  • Open to US & Worldwide – Accepts Paypal
  • Staking Rewards, Educational Courses
Our Rating

5 Stars

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

FAQs about the Best Altcoin Trading Platforms

What is the best altcoin Exchange today?

The top pick for the overall best altcoin exchange today is eToro. It is best because it appeals to both novice and experienced traders. Plus, it supports copy trading and passive income generation through staking.

The Binance exchange has some of the lowest crypto trading fees. It maintains a volume-based maker/taker fee model whose prices are as low as 0.012%. And if you settle this fee with BNB tokens, you get a 25% fee discount.

KuCoin and ByBit support the largest collection of altcoins – at 700+ and 900+, respectively. Both crypto trading platforms then let you interact with thousands of altcoin trading pairs. They also let you trade altcoin hundreds of derivatives – options and futures.

The minimum trading limit for altcoin trading varies from one trading platform to another. For instance, you need $1 to start trading top altcoins on KuCoin. eToro, on the other hand, asks for a $10 minimum trade limit.

No, it is not too late to buy Ethereum and all the leading cryptos. On the contrary, the current dip presents long-term investors with a rare opportunity to start accumulating altcoins.