Best Crypto Exchanges in November 2025

HTX, formerly known as Huobi, has been one of the most recognised cryptocurrency exchanges since its founding in 2013. After exiting mainland China due to regulatory changes, HTX restructured as a global platform and now serves millions of users across Southeast Asia, Europe, and Latin America. For traders in the region seeking offshore access to deep, liquid markets, HTX remains one of the most established options available.

Trading fees start at 0.2% for both maker and taker on spot markets, with reductions available through higher trading volume or HTX Token (HT) holdings — active traders can reach 0.1% or lower. Derivatives fees are more competitive, with perpetual contracts starting at 0.02% maker and 0.05% taker. Withdrawal fees are asset-dependent: Bitcoin typically costs 0.0005 BTC, USDT on TRC-20 runs around 1 USDT per withdrawal.

HTX is accessible across most of Southeast Asia, including Vietnam, Indonesia, the Philippines, Thailand, and Malaysia. It is not available to US, UK, or Canadian residents. KYC verification is required to unlock full trading limits and fiat gateway features, with tiered verification allowing new users to begin trading quickly.

Deposit options include direct crypto transfers and a peer-to-peer (P2P) marketplace supporting local currencies — Vietnamese Dong (VND), Indonesian Rupiah (IDR), Philippine Peso (PHP), and Thai Baht (THB). P2P trades are matched with local merchants who accept bank transfers, e-wallet payments (GoPay, GrabPay, Momo), and mobile banking apps, making onboarding accessible without a credit card or international bank account.

Security infrastructure includes two-factor authentication, anti-phishing codes, withdrawal address whitelisting, and IP login alerts. HTX uses cold wallet storage for the majority of user assets and has operated for over a decade without a major platform-level breach — a strong track record in this industry. The mobile app covers spot, futures, P2P, and portfolio management on iOS and Android.

HTX is best suited to traders in Vietnam, Indonesia, and the Philippines who want access to a wide range of assets and prefer to fund via local P2P channels with familiar payment methods.

Binance is the world's largest cryptocurrency exchange by trading volume, processing hundreds of billions in daily trades across spot, futures, options, and margin markets. Founded in 2017, it has grown into a full financial ecosystem that includes staking, lending, a native blockchain (BNB Chain), and a Web3 wallet. For most crypto users globally, Binance is where trading starts — and for many, where it stays.

Spot trading fees are 0.1% for both maker and taker, with a 25% discount applied when fees are paid using BNB (Binance's native token), reducing the effective rate to 0.075%. Futures and perpetual swap fees are among the most competitive in the market at 0.02% maker and 0.05% taker. Withdrawal fees vary by network: USDT over TRC-20 is approximately 1 USDT, Bitcoin withdrawals cost around 0.0005 BTC.

Binance serves users across Southeast Asia, Europe, Africa, and Latin America. Binance.com is the global version available to most non-US users. US residents are redirected to the separate Binance.US entity. KYC verification is required for fiat deposits and withdrawals, with basic identity checks enabling most trading features.

For Southeast Asian users, the P2P marketplace is the primary fiat onramp. It supports IDR, VND, PHP, MYR, and THB via bank transfer, GoPay, OVO, Dana, Momo, and other local payment methods. Credit and debit card purchases are also available in supported regions, with fees typically around 1.8–2%.

Binance maintains the SAFU (Secure Asset Fund for Users) — a $1 billion emergency reserve funded from trading fees. The platform offers 2FA, withdrawal address whitelisting, anti-phishing codes, and biometric login. Despite a 2019 hack involving 7,000 BTC, all affected users were fully reimbursed through SAFU. The Binance mobile app is among the best in the industry — fast, feature-rich, and well-designed.

Binance is best for active traders who want the tightest spreads, deepest liquidity, and widest range of trading pairs — all in one platform.

OKX is one of the world's top three cryptocurrency exchanges by derivatives volume, offering an institutional-grade suite of futures, perpetual swaps, and options alongside a full spot market. Founded in 2017 and operating globally, OKX has positioned itself as the go-to platform for serious traders who need advanced order types, high leverage, and deep liquidity across a wide range of assets.

OKX fees are competitive on both spot (0.08% maker / 0.10% taker) and derivatives (0.02% maker / 0.05% taker). Active traders and OKB token holders can access further volume-based discounts. Withdrawal fees depend on the asset and network selected — USDT on TRC-20 typically costs 1 USDT, BTC withdrawals around 0.0005 BTC. Options trading fees are among the lowest in the market.

OKX is available across most of Southeast Asia — Vietnam, Indonesia, the Philippines, Thailand, and Malaysia — as well as most of Europe and Latin America. It is not available to US residents. KYC is tiered, with basic verification allowing limited trading and full verification unlocking all features including fiat gateways.

Fiat onboarding is handled through a built-in P2P market supporting local currencies including IDR, VND, PHP, and THB, with payment options covering bank transfer, e-wallets, and cash deposit. OKX also offers a direct crypto purchase widget via third-party providers for card purchases in supported regions.

Security at OKX includes multi-factor authentication, anti-phishing protection, fund password, API key permissions, and semi-cold storage for user funds. The exchange has not experienced a major hack under the OKX brand. The OKX mobile app is well-regarded, particularly among traders managing derivatives positions on the go.

OKX is best for experienced traders in Southeast Asia who want access to a sophisticated derivatives product suite — including options — with competitive fees and professional execution tools.

Bybit was founded in 2018 with a singular focus: building the best derivatives trading platform in crypto. That specialisation paid off — Bybit now ranks among the top three exchanges globally for derivatives volume, and has progressively expanded into spot trading, staking, and a full asset management suite. What began as a futures-only exchange has matured into a comprehensive platform with a loyal base of active traders.

Bybit's trading fees are competitive: spot markets charge 0.1% maker and 0.1% taker at base level, while perpetual contracts are priced at 0.01% maker and 0.06% taker — among the lowest in the market. Higher trading tiers and Bybit Token (BIT) holdings unlock further discounts. Withdrawal fees: BTC costs 0.0005 BTC, USDT on TRC-20 runs approximately 1 USDT.

Bybit is available in most of Southeast Asia including Vietnam, Indonesia, the Philippines, Thailand, and Malaysia. It is not licensed in the United States, UK, or Canada. KYC verification is required for fiat deposits and to access higher withdrawal limits, with the tiered process taking minutes with standard ID documentation.

Fiat onboarding is supported through Bybit's P2P marketplace, which covers IDR, VND, PHP, and THB via bank transfer, e-wallet, and online banking channels. Express buy (card purchase) is available through third-party fiat gateways in supported regions for instant purchases.

In February 2025, Bybit suffered a significant security breach — approximately $1.5 billion in ETH was stolen in what became the largest crypto hack on record. Bybit confirmed full reimbursement of affected users using reserves and emergency loans, and has since updated custody procedures. Standard security features include 2FA, fund passwords, withdrawal address whitelisting, and cold storage for the majority of user assets.

The Bybit app is widely regarded as one of the cleanest in the industry — fast, clear, and built for traders who need to execute quickly without friction.

Bitget has built one of the most developed copy trading ecosystems in cryptocurrency, allowing users to automatically replicate the trades of vetted, high-performing traders with full transparency over their win rates, drawdowns, and strategy history. Founded in 2018 and headquartered in Singapore, Bitget has grown into a top-ten exchange by derivatives volume while maintaining its identity as the platform that makes professional-grade strategy accessible to ordinary investors.

Trading fees at Bitget are standard for the sector: 0.1% maker and 0.1% taker for spot, with futures at 0.02% maker and 0.06% taker. BGB (Bitget Token) holders receive fee discounts at higher tiers. Withdrawal fees vary by asset; USDT on TRC-20 typically costs 1–2 USDT, BTC around 0.0005 BTC.

Bitget operates in most Southeast Asian markets — Vietnam, Indonesia, the Philippines, Thailand, and Malaysia — as well as across Europe, the Middle East, and Africa. US residents are excluded. KYC is required to unlock fiat deposits and higher trading limits, with a standard tiered identity verification process.

Fiat onboarding is available through a P2P trading desk and third-party card payment integrations. The P2P market supports IDR, VND, PHP, and THB through bank transfer and popular local e-wallets. Bitget also offers a one-click buy feature using debit and credit cards in supported countries.

Security infrastructure includes 2FA, withdrawal address whitelisting, fund passwords, and cold storage for user funds. Bitget maintains a $300 million protection fund for user assets in the event of extreme market events or platform issues. The exchange has not suffered a major platform-level hack. The Bitget mobile app is well-designed and makes copy trading unusually intuitive — surfacing trader performance statistics clearly and allowing users to follow or unfollow strategies in seconds.

Bitget is best for newer or time-poor investors who want exposure to active trading strategies without the learning curve, as well as experienced traders who want to earn by becoming a signal provider on the platform.

BingX positions itself as a social trading exchange — a platform where following experienced traders is as central to the experience as executing your own orders. Founded in 2018 and holding regulatory licences in multiple jurisdictions, BingX targets newer crypto investors who want market exposure without needing deep technical knowledge of charting or strategy.

BingX's trading fees are competitive, particularly for perpetual contracts: futures fees start at 0.045% maker and 0.075% taker — lower than several mid-tier competitors. Spot fees sit at 0.1% maker and 0.1% taker. The platform does not charge additional fees on USDT copy trading orders directly; the cost is embedded in the spread and profit-sharing model between follower and signal provider.

BingX is available to users in Vietnam, Indonesia, the Philippines, and most other Southeast Asian and global markets. It holds licences in Canada (MSB), the US (FinCEN), Poland, and Australia — a broader regulatory footprint than most offshore exchanges on this list. US users can access BingX in a limited capacity, with full product availability varying by state.

Fiat deposits are supported through a P2P marketplace and third-party payment providers supporting IDR, VND, and PHP. The exchange also integrates with card payment providers for direct crypto purchases, with fees varying by provider and region.

BingX's security setup includes 2FA, email verification for withdrawals, and standard cold wallet custody for user assets. The exchange has not experienced a major platform-level hack. The BingX mobile app is designed around social and copy trading — copy trader profiles are surfaced prominently, with clear performance statistics including win rate, average PnL, maximum drawdown, and number of followers.

BingX is best for newer investors who want to learn from or automatically follow professional traders, or those who prefer a community-oriented environment with lower barriers to entry.