Bitaigen Research Global Cryptocurrency Exchange Selection and Full‑Process Guide
More than 400 cryptocurrency exchanges are available worldwide, and choosing a trustworthy platform among them is the primary challenge for newcomers. Below, the Bitaigen editorial team has compiled a step‑by‑step guide covering platform selection, account registration, app download, security configuration, funding, buying, and withdrawing, helping you move from “zero knowledge” to “able to trade”.
In this article we outline the entire workflow for crypto beginners—from picking an exchange to completing the first trade—covering security settings, deposits, withdrawals, and other critical steps. We also provide the latest exchange rankings so you can quickly spot reliable platforms and start your digital‑asset journey.
Platform Selection and Rankings
Before deciding which exchange to use, it is useful to understand the overall market landscape. The two tables below show the most recent global rankings for spot and derivatives exchanges, including 24‑hour trading volume, average liquidity, weekly visits, and other key metrics.
Latest Global Cryptocurrency Spot‑Exchange Ranking
| # | Exchange | 24h Volume (USD) | Avg. Liquidity | Weekly Visits | Markets | Fiat Support |
|---|---|---|---|---|---|---|
| 1 | Binance | $47,595,058,346 | 8,578,377,645 | 206,963 | 39 | ARS, AUD, BRL + 86 more |
| 2 | Coinbase Exchange | $7,009,466,443 | 7,234,109,838 | 511,392 | USD, AED, ARS + 61 more | |
| 3 | Upbit | $7,355,260,511 | 5,061,307,195 | 708,309 | KRW | |
| 4 | OKX | $9,821,487,836 | 6,475,632,735 | 144,338 | EUR, BRL, AUD + 3 | |
| 5 | Bybit | $10,529,451,604 | 6,472,499,783 | 119,967 | BRL, CHF, CZK + 72 | |
| … | … | … | … | … | … | … |
Latest Global Cryptocurrency Derivatives‑Exchange Ranking
| # | Exchange | Open Interest | 24h Volume (USD) | Maker Fee | Taker Fee | Markets |
|---|---|---|---|---|---|---|
| 1 | Binance | $164,352,547,720 | $275,966,220,566 | 0.02 % | 0.04 % | 638 |
| 2 | OKX | $46,151,571,821 | $103,666,876,587 | 0.02 % | 0.05 % | 312 |
| 3 | Bybit | $70,523,538,037 | $76,553,035,361 | 0.02 % | 0.055 % | 600 |
| … | … | … | … | … | … | … |
CertiK Security Scores (excerpt)
| Rank | Exchange | Skynet Score | Rating | 24h Volume | Trading‑Pair Count | Token Count | Audited Contracts | Years Operating |
|---|---|---|---|---|---|---|---|---|
| 1 | [Binance](https://www.bitaigen.com/binance) | 93.14 | AAA | $9.30 B | 19.75 % | 208,963 | 424 | 8 |
| 2 | Coinbase | 91.37 | AA | $1.59 B | 23.47 % | 505 | 387 | 13 |
| 3 | OKX | 91.25 | AA | $1.56 B | 28.45 % | 137,637 | 917 | 9 |
| … | … | … | … | … | … | … | … | … |
Trust Scores (Top 10)
| Rank | Exchange | Trust Score | 24h Volume |
|---|---|---|---|
| 1 | [Binance](https://www.bitaigen.com/binance) | 10/10 | $10,558,587,747 |
| 2 | Bybit | 10/10 | $2,598,579,876 |
| 3 | Coinbase Exchange | 10/10 | $2,368,082,686 |
| … | … | … | … |
From the data above, Binance leads in trading volume, liquidity, and security ratings across multiple dimensions, making it the most frequently chosen platform worldwide.
Why Choose Binance First?
- Scale: Since launching trading services in 2017, Binance has grown into the world’s largest crypto exchange, offering more than 300 digital‑asset trading pairs.
- Volume: The 24‑hour turnover has already exceeded $54.1 billion.
- Derivatives: Contracts with up to 125× leverage are available, catering to short‑term traders.
- Founder Background: Founder Changpeng Zhao (CZ) started a high‑frequency‑trading systems company in Shanghai, later joining a blockchain‑wallet team, accumulating extensive technical and operational experience.
- Historical Relocation: After Chinese regulators tightened rules in 2017, Binance moved its servers to Japan and opened a Taiwan office in 2018, maintaining its global leadership.
App Download and Installation Guide
Official Channels
- Referral Code: `B2345` (permanent 20 % fee discount after activation)
- Official website: https://www.bitaigen.com/binance
- App download page: https://www.bitaigen.com/binance/download
Android Devices
- Obtain the APK from the official website or the link above. Enable “Install from unknown sources” in your device settings.
- When the system warns about potential risks, tap “I understand the risks, continue downloading”.
- After the download finishes, tap “Install” and then “Allow” on the permissions prompt.
- If a “Installation risk warning” appears, simply choose “Ignore risk and continue”.
iPhone Users
- Open the App Store, search for “Binance” or “币安”, verify the developer information, and download.
- If the app is not visible in your local App Store, log in with a Taiwan/Hong Kong Apple ID and search again.
- When creating an overseas Apple ID, you will need an email address, a phone number, and a virtual mailing address (address‑generator links are provided at the end of this guide). Ensure the information is complete.
Account Registration Process
Required Materials
- A national ID card, passport, or driver’s license (any one will do)
- A webcam or phone camera capable of facial‑recognition capture
- An active email address (Gmail, Outlook, 163, QQ, etc.)
- A mobile phone number for receiving verification codes (domestic numbers work as well)
Registration Steps
- Visit the Binance official site and click “Register”.
- You can register with email or mobile number; using an email generally provides more reliable receipt of verification codes.
