Best Altcoin Trading Exchange with Most Listed Cryptocurrencies

Best Altcoin Trading Exchange with Most Listed Cryptocurrencies

Welcome, here we list the best altcoin trading exchanges with regards to the most listed cryptocurrencies and trading pairs.

What is an altcoin, listed cryptocurrency and tradingpair?

If you are about to trade altcoin the most important thing to consider is where you find most listed altcoins to trade. After this, you might want to compare the lowest crypto exchange trading fees for spot market.

What is an altcoin?

An altcoin is an alternative coin to Bitcoin, therefor all coins but Bitcoin are altcoins. Lately, altcoin has been more an expression for midcoins since the large layer 1 seems like bluechip coins rather than altcoins nowadays. really small coin can also be called gems.

What is a listed cryptocurrency?

A listed cryptocurrency means that you can trade the crypto on the exchange that have that specific crypto listed. However, a listing doesn’t say anything about what  markets you can trade. For example, you might want to buy NEAR for ETH and you deposit ETH to the exchange but you find out the only NEAR/BTC market is listed.

What is a trading pair?

Currencies and cryptocurrencies are always traded in pairs since you have to sell a fiat currency or a cryptocurrency to buy another one. One example is BTC/USD but Bitcoin is traded in many more pairs than BTC/USD and come examples are BTC/USDT, BTC/USDC, BTC/ETH, BTC/SOL and more. 

Best Altcoin Trading Exchange with the Most Listed Cryptocurrencies

In the table below, we have compared the best altcoin trading exchanges with regards to

  • Number of listed cryptocurrencies on the spot markets (Spot Coins)
  • Number of listed trading pairs on the spot market (Spot pairs)
  • Number of listed futures
  • Number of listed perpetuals
Best Altcoin Trading Exchange with the Most Listed Cryptocurrencies - Binance, Kucoin, OKX, Crypto.com, Coinbase, MEXC, FTX, Kraken, Bybit

As you can see in the table, Binance, Kucoin and MEXC are the best altcoin trading exchanges for spot markets.

However, MEXC is charging much higher fees than both Kucoin and Binance so only trade at MEXC if you can’t find your altcoin on Kucoin or Binance.

 

How to find where an altcoin is listed?

If you have found an altcoin you want to buy but don’t know where it is listed you should follow this guide.

To find a market where you can buy your altcoin, do this

  1. Go to Coingecko or Coinmarketcap
  2. Search for your altcoin in the search bar
  3. Click on the “Markets” tab
  4. Here, you find all the listed markets and on what altcoin exchange the particular altcoin is listed and also what trading pairs are available.

Also, you find information regarding trading volume. Make sure you don’t buy into small altcoins with limited trading volumes with a large amount of saving money.

Why?

Well, for two reasons

  1. First, when you buy your altcoin there is probably a large spread and a lot of slippage in the market
  2. Secondly, when you want to sell it’s not certain there are buyers if the trading volume is very low
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