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Finder Crypto Trading Platform Awards 2023

Recognizing the best platforms for buying, trading and investing in crypto in the US.

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

The Finder Crypto Trading Platform Awards program recognizes the best platforms for investing in crypto in the US for 2023.

Finder’s cryptocurrency experts and data scientists crunched the numbers and scored crypto trading platforms on a comprehensive list of 61 criteria across 45 platforms.

The platform with the highest score in each category was named the winner, with the products that scored second- and third-highest each receiving a “Highly commended” award. Here are the winners for 2023.

Best crypto trading platform – overall

This award was given to the platform that had the highest average score across each of the 61 criteria.

Winner: Coinbase

Coinbase is now a household name thanks to its affordable all-in-one platform that extends far beyond trading to a range of services across the Web3 ecosystem.

Coinbase crypto trading platform overall winner badge

Highly commended: Okcoin USA

Okcoin USA offers Americans a streamlined platform on mobile and desktop with 90+ cryptocurrencies, low fees and earning options.

Okcoin USA crypto trading platform overall highly commended badge

Highly commended: Kraken

Kraken’s maturity in the industry makes it a standout choice for crypto beginners, pro traders and NFT collectors.

Kraken crypto trading platform overall highly commended badge

Best crypto trading platform – value

This award evaluates platforms based on their fees, with a focus on spot market and instant purchase fees. It also takes into account payment methods and the number of coins available to determine which platforms offer the most bang for buck.

Winner: Bitstamp

Bitstamp offers trading fees as low as 0% for casual traders, with free USD deposits and 24/7 customer support over the phone.

Bitstamp crypto trading platform value winner badge

Highly commended: Okcoin USA

Okcoin USA offers some of the lowest spot market and instant purchase fees to be found on an American exchange.

Okcoin USA crypto trading platform value highly commended badge

Highly commended: Uphold

Uphold provides more than great value trading; its sleek platform is easy to use and well-suited to beginners.

Uphold crypto trading platform value highly commended badge

Best crypto trading platform – beginners

This award recognizes brands that provide a beginner-friendly user experience. It upweights factors such as customer service, value for money, and access to instant purchase features.

Winner: eToro

eToro helps beginners to learn from other users with its social media feed, copy-trading features and depth of educational material.

eToro crypto trading platform beginners winner badge

Highly commended: Coinbase

Coinbase is committed to making crypto investing accessible and offers learning rewards to make sure no one is left behind.

Coinbase crypto trading platform beginners highly commended badge

Highly commended: CEX.IO

Cex.io offers a range of features in a simplified format to help beginners enter the world of crypto and Web3.

CEX.IO crypto trading platform beginners highly commended badge

Best crypto trading platform – instant purchases

This award highlights platforms that provide a comprehensive instant purchase experience with an emphasis on value for money.

Winner: eToro

eToro continues to simplify investing for Americans with instant purchase fees of only 1% on dozens of cryptos.

eToro crypto trading platform instant purchases winner badge

Highly commended: Okcoin USA

Okcoin USA offers Americans a leading range of cryptocurrencies with low fees and an emphasis on simplicity.

Okcoin USA crypto trading platform instant purchases highly commended badge

Best crypto trading platform – altcoins

This award focuses heavily on the number of coins and tokens available on the platform, in addition to liquidity and trading pairs.

Winner: Crypto.com

Crypto.com offers 270+ coins to Americans which can be purchased instantly via its popular mobile app.

Crypto.com crypto trading platform altcoins winner badge

Best crypto trading platform – extra features

This award recognizes crypto platforms that offer a diverse range of products beyond the standard trading experience, such as NFTs, earning rewards and debit cards.

Winner: Coinbase

Coinbase’s reputation for innovation is reflected by its expansive set of features that extend beyond trading
and into wallets, NFTs and Web3.

Coinbase crypto trading platform extra features winner badge

Highly commended: Kraken

Kraken’s features previously focused on experienced traders, but newer additions such as earning and NFTs appeal to more users than ever before.

Kraken crypto trading platform extra features highly commended badge

Best crypto trading platform – advanced trading

This award takes into account advanced trading features such as order types and charting tools as well as regulatory compliance, liquidity and fees.

Winner: Kraken

Kraken’s Pro interface provides Americans with hundreds of trading pairs, supported by rich charting tools and advanced order types tailored for crypto markets.

Kraken crypto trading platform advanced trading winner badge

Highly commended: Bitstamp

Bitstamp has perfected its pro trading platform over 10 years and includes all the features you need to trade with confidence.

Bitstamp crypto trading platform advanced trading highly commended badge

Highly commended: Okcoin USA

Okcoin USA offers an advanced mode for experienced traders with fees starting at just 0.1% for market makers.

Okcoin USA crypto trading platform advanced trading highly commended badge

Awards criteria

Here’s how our expert analysts assessed crypto trading platforms in the US to pick the 2023 winner.

Selection criteria

We conducted an extensive review of the cryptocurrency market in the US in late 2022.

We attempted to include all of the platforms that are licensed to operate in the US, provided they met the requirements set by the Financial Crimes Enforcement Network (FinCEN) to serve American residents. We then refined this list by applying Finder’s due diligence procedures.

The result was 45 cryptocurrency exchanges and brokers who were then measured across 61 individual criteria.

The award for “Best Crypto Trading Platform – Overall” was given to the product that had the highest overall score across all 61 criteria.

All other categories were assessed using different combinations of criteria and weightings which depended on the category. For instance, the Value award upweighted scores based on fee data, and omitted criteria relating to advanced trading products.

For more details on the specific weightings used in each category, read our full methodology.

2022 winners

2023 marks the second consecutive year of Finder’s Crypto Trading Platform Awards.

The 2023 program builds on our previous analysis, taking into consideration even more data points and evaluating a larger number of platforms.

Take a look at the 2022 Finder Crypto Exchange Award winners.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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