FTX is a popular futures and derivatives exchange for crypto. Their standout products include tokenized indexes, tokenized leveraged positions, and perpetual futures contracts.
First off, you should note that we almost exclusively review exchanges that we have used, with solid volume, that have built a positive reputation for themselves over time.
With that said, in a few cases where we are prohibited due to region / country, like with BitMEX, we have not used the exchange to do live trading.
In other words, these are generally all exchanges we would recommend to a friend based on reputation and/or have used ourselves.
With the above said, there are risks associated with any exchange and you must use each at your own risk.
There are specifically risks with leaving cryptocurrency on an exchange, exchanges going down, and risks in terms of placing orders (if you mess up a buy/sell order, there is no going back).
Take some time to understand the risks before trading. With that said, if you do want to trade, the following exchanges are some of the best cryptocurrency exchanges we have come across.
For more reading, see a list of exchanges for beginners.
LedgerX is a US-regulated crypto derivatives exchange. For now they only have Bitcoin options, but they plan to expand their offerings.
Huobi US (Huobi.us) is an upcoming exchange for US citizens by Huboi.
Binance.us is Binance for the United States. The exchange plans to list a selection of cryptocurrencies that can be traded in the US.
IDEX is one of the top choices for ETH DEXs in 2019. With so many restrictions on US citizens when it comes to ETH-based alts, IDEX is an Oasis.
Gemini is a cryptocurrency exchange and custodian that allows customer to buy, sell, and store crypto. Gemini allows you to fund your account with dollars, trade dollars for crypto, and trade crypto to crypto.
The Bancor Network offers a token swapping service called Bancor. Bancor is a simple DEX for trading Ethereum-based tokens.
The Kyber Network offers a DApp and phone apps for Android and iOS called “KyberSwap.” These DEX exchanges allow you to swap Ethereum-based tokens.
Changelly is a token swap service that doesn’t act as an online wallet, but does act as a crypto exchange. To use Changelly you need wallets to store the coins you want to swap.
Poloniex an exchange owned by Circle, a company who also launched the stable coin USDC, is a popular crypto-to-crypto exchange.