Crypto investing is more accessible than ever. The largest crypto exchange, Binance, clears more than $18 billion in trades every day, while other crypto exchanges like MEXC and Gate list more than 2,000 coins for investors to pick from.
For those looking to get started investing in cryptocurrency, The Motley Fool has put together a list of the largest crypto exchanges as of January 2026. Motley Fool Money, the personal finance and financial product review arm of The Motley Fool, also has reviews of the best crypto exchanges for investors who are ready to take the next step.
The largest crypto exchanges by trading volume in 2026
Rank | Exchange | Median Daily Volume | Coins Offered |
|---|---|---|---|
1 | Binance | $18,006,570,455 | 444 |
2 | MEXC | $3,590,096,334 | 2,022 |
3 | Bybit | $3,523,132,452 | 482 |
4 | Gate | $3,421,487,128 | 2,160 |
5 | KCEX | $2,985,312,113 | 933 |
6 | CoinW | $2,952,211,881 | 389 |
7 | Crypto.com Exchange | $2,881,156,651 | 429 |
8 | HTX | $2,865,442,617 | 642 |
9 | OKX | $2,848,027,391 | 295 |
10 | LBank | $2,693,873,030 | 967 |
1. Binance
Median daily volume: $18.01 billion | Coins offered: 444
Binance is by far the largest cryptocurrency exchange by median daily trading volume, moving more than $18 billion daily.
Founded in 2017 by Changpeng “CZ” Zhao, Binance aggressively expanded and built a deep asset pool. Binance has managed to shrug off CZ's legal troubles, and its new CEO, Richard Teng, has focused on global regulatory compliance.
2. MEXC
Median daily volume: $3.59 billion | Coins offered: 2,022
The second-largest crypto exchange by median daily volume is MEXC, which deals with $3.59 billion worth of trades per day across the 2,022 coins it offers.
Founded in 2018, MEXC is known for its transaction speed and quick listings of coins, making it favored by investors seeking exposure to tokens before they hit larger exchanges.
3. Bybit
Median daily volume: $3.52 billion | Coins offered: 482
Bybit's median daily volume is just over $3.5 billion, making it the third-largest crypto exchange by that measure. It offers investors a decent number of coins and a range of derivative products.
In early 2025, Bybit suffered the largest crypto hack on record when North Korean hackers took off with $1.5 billion in Ethereum.
4. Gate
Median daily volume: $3.42 billion | Coins offered: 2,160
Founded in 2013 in China as Bter.com, Gate is the fourth-largest crypto exchange by median daily volume, which stood at $3.42 billion in the 12 months preceding January 2026.
Gate offers investors more than 2,100 coins, making it ideal for those interested in altcoins and access to low-cap and early-stage projects.
5. KCEX
Median daily volume: $2.99 billion | Coins offered: 933
KCEX is the fifth-largest cryptocurrency exchange by median daily volume. Established in 2021, it is registered in Seychelles.
Investors can choose from more than 900 coins, landing the centralized cryptocurrency trading platform fourth in this list if organized by number of coins offered.
6. CoinW
Median daily volume: $2.95 billion | Coins offered: 389
CoinW takes the sixth-place spot in this list of crypto exchanges by median daily volume, with almost $3 billion of trades each day.
The exchange was established in 2017 and now operates in more than 200 countries and boasts more than 1 million members.
7. Crypto.com Exchange
Median daily volume: $2.88 billion | Coins offered: 429
Crypto.com, the seventh-largest crypto exchange by median daily volume, blends exchange trading with a crypto ecosystem and debit cards.
An early mover, the Singapore-based company was founded in 2016 and has focused on large sponsorships in major sports alongside a proactive regulatory record.
8. HTX
Median daily volume: $2.87 billion | Coins offered: 642
Once one of China's largest crypto exchanges, HTX, formerly known as Huobi, is the eighth-largest crypto exchange in the world by median daily volume, of which it handles $2.41 billion a day.
Since China's ban on crypto trading in 2017, HTX has expanded into other markets in Asia. It became listed on the Hong Kong Stock Exchange in 2018 via a reverse IPO.
9. OKX
Median daily volume: $2.85 billion | Coins offered: 295
Originally launched in China in 2013 as OKCoin, the rebranded OKX handles $2.57 billion worth of crypto volume a day.
The crypto exchange entered the U.S. market in April 2025. In July, it inked a deal with Circle to allow OKX users zero-fee conversions from USDC to U.S. dollars.
10. LBank
Median daily volume: $2.69 billion | Coins offered: 967
LBank rounds out this list of cryptocurrency exchanges by daily trading volume at $2.6 billion in trades each day. But its 967 available coins are the third-most out of this list.
The platform, founded in 2015, touts itself as the pioneer in the meme coin market. It has more than 20 million users in 160 countries and has listed more than 300 meme coins.
Conclusion
Crypto trading is highly concentrated among a handful of platforms, but not all exchanges serve the same type of investor. For example, Binance dominates in volume, MEXC and Gate lead in coins available to investors, while Coinbase remains the go-to for U.S. users seeking simplicity.
Even though the largest crypto exchanges handle billions of dollars a day, the crypto market is still relatively new and volatile and can present unique risks such as hacks that investors should be vigilant about.
Sources
- Coingecko (2026). "Top Crypto Exchanges Ranked by Trust Score."
- CoinMarketCap (2026). "Top Cryptocurrency Spot Exchanges."
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About the Author
Jack Caporal has no position in any of the stocks mentioned. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.