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There are more than 19,500 cryptocurrencies in the world, but you will only find a small fraction of them listed on the most popular exchanges. This is because trading platforms only list a coin if it passes a thorough evaluation process. Choosing the best crypto exchange with the most coins is important, but so are fees and trading volume.
You want to have a wide variety of cryptocurrencies to invest in and trade. Some exchanges have catalogs of often no more than a few dozen coins which can sometimes be a problem. Especially when it limits your trading, and hence, profit-making opportunities. If you’re looking for a larger playing field, here are the best crypto exchanges with the most coins.
Best Crypto Exchange with Most Coins
- Gate.io – Best Overall
- MEXC – Best for Global Coverage
- KuCoin – Best for Earning Options
- Huobi Global – Best for Liquidity
- Binance – Best for Trading Volume
- FTX – Best for Advanced Features
- Hotbit – Crypto Exchange with the Most Cryptocurrencies
Picking the top crypto exchanges with the highest number of cryptocurrencies involves counting all the coins listed on every exchange’s website. Apart from the number of cryptocurrencies listed, we also looked at the total number of markers, fees, trading volume, and liquidity as part of our methodology.
Exchange
No. of coins*
No. of markets*
Liquidity
Fees
Proprietary Wallet
*Number of coins and markets accurate as of 9th June 2022
We went through the painstaking process of manually counting the total number of cryptocurrencies on each exchange to bring you accurate estimates. Since exchanges are frequently listing and delisting cryptocurrencies, the number keeps changing all the time. Still, it should give you a clear overview of the variety of trading options you will have on each exchange.
Gate.io is one of the oldest crypto exchanges on the market. Launched in China in 2013, the exchange has since undergone a rebranding and has grown immensely over the years. It takes the best overall spot for its impressive listing of fast-growing cryptocurrencies, the highest number of trading markets, and a reasonably good trading volume.
Your trading opportunities are ultimately determined by the markets available to you. With 1459 coins, Gate.io doesn’t technically have the most number of cryptocurrencies, but it does have the most number of markets. This means Gate.io offers more opportunities than any other exchange.
When you manage to find an exchange with such a high number of cryptocurrencies and trading markets, the most common drawback you’ll encounter is a low trading volume. This ultimately results in low liquidity, meaning you can’t always make the trades you want. But this is not the case with Gate.io. It has a reasonably good liquidity score of 4.9 which makes it a good choice for anyone looking to trade with a large playing field.
Why we chose it: Gate.io made it to the top of our list for its highest number of trading markets out of all crypto exchanges. That coupled with low fees, high security, and additional trading features make it one of the best crypto exchanges out there.
- Second-highest number of cryptocurrencies
- Highest number of trading markets
- Relatively low fees
- Limited fiat support
- Not beginner-friendly
- Largely unregulated
Fees
Gate.io isn’t the cheapest exchange to trade on but its fees are relatively lower. It charges a 0.20% maker/taker fee which gradually decreases to 0.155% when you trade in large volumes. The exchange also offers a discount on fees on transactions involving its native coin, GateToken.
Liquidity and Trading Volume
This crypto trading platform has one of the highest trading volumes and liquidity scores among others offering a similar number of coins and markets. Gate.io frequently ranks among the top ten exchanges around the world when it comes to trading volume and liquidity.
Number of Markets
With more than 2920 markets, Gate.io is the single largest crypto exchange in terms of markets. With hundreds of spot, perpetual, and futures markets, it offers you the widest range of trading choices on a single platform.
Also known as MEXC Global, MEXC is a professional crypto exchange offering its services around the world. With 1437 cryptocurrencies, it has the third-largest coin listing in the world. The exchange has a strong founding team behind it as its members come from leading blockchain and finance companies. The team claims to be working on blockchain technology ever since its inception.
MEXC is truly a global exchange as it’s licensed to operate in the US, Canada, Australia, and more than 200 other countries and regions. It also supports several fiat currencies including the USD, TWD, PHP, AED, AUD, JPY, CAD, and the PKR.
Apart from being a leading trading platform in terms of listed cryptocurrencies, MEXC offers an all-in-one trading platform where you trade a variety of digital assets. This includes spot, margin, leveraged ETF, and futures trading services.
It’s also one of the most secure exchanges as it keeps assets safe in a cold-storage crypto wallet. The exchange hasn’t experienced any significant security lapses since its launch.
Why we chose it: MEXC has 1437 listed cryptocurrencies and 1711 trading markets, making it an excellent option if you’re looking for a wide range of trading options.
- Works in 200+ countries
- Offers a wide range of trading options
- Secure exchange
- Doesn’t partner with trading bots
- Lacking customer support
- Needs more transparency
Fees
MEXC charges a 0.20% maker/taker fee on spot trading. All spot trading transactions are charged at the same rate. Futures trading maker/taker fees are 0.020%/0.060% and go as low as 0.014% for trade volumes over $500 million.
Trading Volume and Liquidity
The trading platform serves over 6 million users. It has a higher average trading volume than Gate.io and also has a higher liquidity score of 5.3/10.
Number of Markets
Despite a roughly similar number of listed cryptocurrencies, MEXC has a much lower number of markets than Gate.io. It offers around 1700+ options compared to Gate.io’s 2900+ trading markets.
On any other list, you’d find KuCoin as the crypto exchange with most coins. But since this buyer’s guide is specifically about the best crypto exchanges with the most coins, KuCoin is a bit behind in the race with just around 730 digital currencies.
Generally speaking, KuCoin is right at the top with the best crypto trading platforms. It charges low fees and has an impressive average trading volume and liquidity score. It works in more than 200 countries. However, KuCoin is not licensed to operate in the US.
It also has a complex user interface, so it’s not the best choice if you’re just learning how to trade crypto. But it has low trading fees and a range of earning options including crypto staking, lending, and even an NFT trading platform.
Why we chose it: KuCoin is a high-quality crypto exchange with low fees, and a variety of earning options including staking, lending, KuCoin Earn, KuCoin Pool, and Cloud Mining.
- Low fees
- Offers a variety of earning options
- 24/7 customer service
- Not licensed in the US
- Not beginner-friendly
- Low trading volumes
Fees
KuCoin charges relatively lower fees at 0.1% for each spot trade. This is much lower than other top trading platforms. The maker/taker fees decrease further as your trade volume increases.
Trading Volume and Liquidity
KuCoin lacks trading volume and liquidity when it comes to the top ten best exchanges in the market. Although its liquidity score is good at 5.6/10, it still has a lot of ground to cover to reach industry leaders like Binance, Kraken, and FTX.
Number of Markets
KuCoin has around 1350+ markets including spot and futures catalogs. It also has a separate New Listings page to keep you updated with new arrivals.
Huobi Global is one of the world’s most used crypto exchanges with a stronghold in the Asian market. Just like Gate.io, it was launched in 2013 and has developed a solid user base since then.
This exchange is a complete digital asset ecosystem in itself as it covers spot and derivatives trading, staking, crypto lending, and other yield-generating opportunities from crypto holdings. The best thing about Huobi is the deep liquidity you’ll find on the exchange with one of the highest average trading volumes.
Although it has a good user interface, beginners might find it tough to find their way around the large number of services being offered on the platform. Plus, like a lot of other global exchanges, Huobi doesn’t work in the US.
Why we chose it: With more than 569 coins, Huobi can be a good choice for anyone who’s looking for a combination of liquidity and yield-generating options.
- One of the most liquid exchanges
- Wide range of yield-generating options
- Low trading fees
- Not available in the US
- Difficult for beginners to navigate
- Reputation issues
Fees
Huobi charges a 0.2% base fee. But if you’re a Huobi Token holder, you can get a discount based on the value of your holding. The fee rate is reduced to 0.18% if you have more than 10 HT tokens. It can go down to as low as 0.07% for holdings of over 5000 HT.
Trading Volume and Liquidity
Huobi Global’s trading volume and liquidity are arguably its strongest selling points. With millions of users primarily from Asia, the exchange offers deep liquidity in BTC and ETH markets.
Number of Markets
Huobi global has a total of 1120+ spot and futures trading markets. Its BTC/USDT and ETH/USDT trading pairs are popular for their liquidity.
Usually you’d find Binance right at the top spot of best crypto exchange lists, if not in the top three. But you find it lower in this guide because, with just around 395+ coins, Binance’s list of cryptocurrencies is smaller than that of Gate.io, KuCoin, or Huobi Global.
Still, hitting around 400 coins, Binance has a considerable collection of coins available for trading. Note that while Binance’s website claims 600+ digital currencies, we found that number to be inaccurately reported when we manually counted the rows on its markets page.
Binance is the most used crypto exchange around the world with the highest trading volume of all exchanges. It boasts a liquidity score higher than others on this list which makes it a highly attractive choice for any trader. Note that Binance doesn’t work in the US either. It has a separate version for the US called Binance.US with a very limited list of coins.
Why we chose it: Binance is the world’s most popular crypto exchange with the highest trading volume and liquidity score. It also has an impressive catalog of coins with around 395+ digital currencies.
- Highly liquid exchange
- Advanced trading features
- Offers a proprietary wallet
- Not available in the US
- Not beginner-friendly
- Faces regulatory issues in different countries
Fees
Binance charges a 0.1% maker/taker fees on spot trades. You get a 25% discount on the fee which brings the total feel down to 0.075%. When it comes to transaction fees, you’ll have to pay up to 4.5% if you make a purchase with a debit card.
Trading Volume and Liquidity
Binance is the single largest crypto exchange in terms of trading volume. With the highest liquidity score, you can expect your orders to be filled right away.
Number of Markets
Although Binance doesn’t have more coins listed than KuCoin or Huobi Global, it has more trading markets than them. This is simply because it has the largest number of users trading in several different pairs in the spot and futures markets.
FTX is a good choice for advanced traders, even if it isn’t the top crypto exchange with most coins. It offers sophisticated products including margin and derivatives trading and has its own digital wallet to keep funds secure.
The exchange was launched in 2019 which makes it a newcomer to the space. Still, with its advanced features and quality offerings, it has quickly risen to become a popular crypto trading platform, especially for pros.
You must note that the global version of the exchange does not work in the US due to regulatory issues. Like Binance, FTX has a special US version called FTX.US.
Why we chose it: FTX offers highly sophisticated features making it an excellent choice for crypto pros looking for a wide range of digital currencies to trade.
- Low fees
- Advanced features
- Has an NFT marketplace
- Not available in the US
- Not beginner-friendly
- Limited customer support
Fees
Like most other exchanges, FTX follows a maker/taker fee model but it charges different maker and taker fees. Fees start at 0.02% for the maker and 0.07% for the taker and can go down to as low as 0% with trade volume.
Trading Volume and Liquidity
FTX has a high average trading volume and boasts an attractive liquidity score of 7.3/10. This is much higher than all other exchanges on this list except Binance.
Number of Markets
Similar to its cryptocurrencies catalog, FTX has the lowest number of markets on this list. This means fewer trading options than other exchanges. Still, 440 trading markets are not bad at all, especially if they come with advanced trading features such as those FTX offers.
Hotbit Review
The only reason why Hotbit is on this list is the number of cryptocurrencies it supports. It’s not the best crypto exchange when you consider other important factors like liquidity, fees, and security. However, with more than 1549 coins, it’s the single crypto exchange with the most coins.
Apart from its weaknesses of low liquidity, trading volume, and a small user base, Hotbit covers a lot of ground in terms of coverage. Not only does it cover the largest variety of cryptocurrencies, but it also works in more than 170 countries and supports six languages including English, Chinese, Turkish, Russian, Thai, and Korean.
Hotbit doesn’t work in the US which is a huge drawback. It’s a relatively new trading platform launched in early 2018. It has good features which promise a bright future ahead, but for now, we won’t recommend it for trading. It has a very low liquidity score and trading volume which means you won’t be able to trade freely even if it offers the most number of cryptocurrencies.
Why we chose it: The only reason Hotbit is on this list is the sheer number of coins it supports. With more than 1549 tokens, it offers more coins than any other crypto exchange out there.
- Largest cryptocurrency list
- Works in 170+ countries
- Offers lending and DeFi products
- Very low liquidity
- Doesn’t work in the US
- Doesn’t offer margin trading
Fees
Hotbit has an interesting fee structure. It has negative maker fees ranging from -0.05% to -0.50%. This means if you’re an order maker, the exchange pays you instead of you paying it. The taker fees range from 0.20% to 0.65% depending on the market type you’re trading in.
Liquidity and Trading Volume
Hotbit is not a widely used cryptocurrency exchange. With a low number of users, the exchange has a low trading volume and liquidity. This means your buying and selling orders may not be filled right away.
Number of Markets
Hotbit has the highest number of coins but it doesn’t have the most markets or active trading pairs. With some 1932 markets, it has lower trading opportunities than Gate.io.
Methodology for the Best Crypto Exchange with Most Coins
Picking the best crypto exchanges with the most coins is a lot like picking the best crypto exchanges. It’s just that the number of cryptocurrencies and markets on each exchange is given more weightage. This is also the reason why exchanges like Gate.io and MEXC rank higher than Binance and FTX.
- Number of cryptocurrencies: This is the single most important criterion we based this guide on. People prefer trading on an exchange that supports a large number of coins which gives them greater freedom to enter different trades and invest in new and growing altcoins.
- Number of markets: Markets are the different spot and futures trading pairs you’ll find on an exchange. In other words, it’s just a number of the different kinds of trades you can enter on an exchange.
- Fees: The trading and transaction fees you pay for trading on an exchange are just the price you pay for using its services. The lower the fees, the higher the exchange ranks.
- Trading volume and liquidity: Trading volume and liquidity are very important factors when it comes to trading. The higher they are, the more freedom you’ll have to make the trades you want. Low trading volume and liquidity often mean you can’t enter and exit trades when you want.
Frequently Asked Questions (FAQs) for Crypto Exchange with Most Coins
Here are some of the most frequently asked questions about crypto trading platforms with the largest coin listings.
Bottom Line on the Best Crypto Exchange with Most Coins
Although Hotbit technically holds the highest number of coins, it’s not worth using yet for its low trading volume. Use Gate.io if you want a wide range of coins to play with. FTX and Binance are two options we always recommend as they come with everything you need to trade crypto.
A linguistic engineer who writes to solve problems. Ahad is a cybersecurity, blockchain, and business writer who often takes on art, politics, and economics too. He’s written for various tech publications and has reviewed quite a lot of software over his career. When he’s not writing, he’s probably on horseback, caring for his houseplants, or training Bonsai trees.
