A cryptocurrency exchange is an online platform where one type of electronic money can be exchanged for another, or for fiat money, that is, real currency – dollars, euros and others.

According to the trading volume (in bitcoins).
The volume is an indicator of the popularity and influence of the exchange, as well as – indirectly – the number of players who trust it. The rating of cryptocurrency exchanges by daily volume looks like this:

BINANCE. In less than a year, the exchange has moved into the top 5 in terms of trading volume – 270,124.
HITBTC. British cryptocurrency exchange, launched in 2015. Characterized by high security and low commissions. The volume is 240,473.
LIVECOIN. Exchange with a user-friendly interface. Known for its high security standards. Volume – 6700.
YOBIT. A popular exchange with a large choice of additional options and a huge number of currency pairs. Here you can trade even the rarest cryptocurrencies. Volume – 3070.
EXMO. Among the presented exchanges has the smallest trading volume – 2370.

In terms of reliability .
Because exchanges deal with finances, security is very important. Moreover, no one can guarantee absolute safety. But some exchanges have a serious multi-level security system, so it is difficult – almost impossible – to crack an account on them. The most reliable exchangers include:

BINANCE.
EXMO. According to experts, this exchange has very high requirements for transaction security.
YOBIT.
HITBTC.

In terms of convenience for beginners .
If you are a novice trader, look for a cryptocurrency exchange with a simple and clear interface and loyal trading conditions. These requirements meet:

BINANCE.
BITFLIP.CC.
HITBTC.
YOBIT.
EXMO.

According to traders’ reviews.
No matter what the official ratings are, but professional traders always have “favorites”. This is how the list of cryptocurrency exchanges that received the most flattering reviews from users themselves looks like:

BINANCE.
HITBTC.
BITFLIP.CC.
YOBIT.
EXMO.