Here we list the best altcoin trading exchanges concerning the most listed cryptocurrencies and trading pairs.
No Financial Advice, Information only. Do your own research.
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Best Altcoin Trading Exchanges
See some of the top Bitcoin and altcoin crypto exchanges regarding the number of listed cryptocurrencies.
What is an altcoin, listed cryptocurrency and tradingpair?
If you are about to trade altcoins, the most important thing to consider is where you find the most listed altcoins to buy and sell. After this, you might want to compare the spot market’s lowest crypto exchange trading fees.
What is an altcoin?
An altcoin is an alternative coin to Bitcoin; therefore, all currencies but Bitcoin are altcoins. Lately, an altcoin has been more an expression for midcoins since the large layer one seems like bluechip coins rather than altcoins nowadays. A tiny currency can also be called a gem.
What is a listed cryptocurrency?
A listed cryptocurrency means you can trade the crypto on the exchange with that specific crypto listed. However, a listing doesn’t say what markets you can trade. For example, you might want to buy NEAR for ETH and 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 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 regard 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
As you can see in the table, Binance, Kucoin, and MEXC are the best altcoin trading exchanges for spot markets.
However, MEXC charges 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?
You should follow this guide if you have found an altcoin you want to buy but don’t know where it is listed.
To find a market where you can buy your altcoin, do this
- Go to Coingecko or Coinmarketcap
- Search for your altcoin in the search bar
- Click on the “Markets” tab
- Here, you find all the listed markets, 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.
Well, for two reasons.
- First, when you buy your altcoin, there is probably a large spread and a lot of slippage in the market.
- Secondly, when you want to sell, it’s not sure there are buyers if the trading volume is deficient