The 7 Best Crypto Exchanges, Platforms & Apps For 2026

Although the platform focuses on futures trading, Bybit offers competitive fees, with 0.01% maker fees and 0.06% taker fees. This option makes it easier for users, especially beginners, to find and iqcent broker copy successful traders with proven short-term results. These bots are quantitative strategy tools that users can create, copy or customize to automate trades based on predefined algorithms or market conditions.

Etoro – Very Popular Among Beginners

It provides traders with deep liquidity, tight spreads, and a full suite of analysis tools. While users in https://www.forexbrokersonline.com/iqcent-review some countries can deposit funds with debit/credit cards, non-supported regions can use Binance’s peer-to-peer (P2P) platform. Binance’s spot trading platform supports nearly 2,000 crypto pairs, including many of the most popular meme coins. Users can find traders by the ROI, Sharpe Ratio, assets under management, and other key filters.

• Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place.
• Operating on the Ethereum network requires fees to be paid in its native currency, Ether.
• Get into the habit of reading reviews, collecting user feedback, and verifying the platform’s credentials.
• Key features include Smart Follow, which ensures investors get the exact same trading conditions and spreads as the copy trader.

Bingx – Social Exchange With Flexible Copy Trading

One key feature that sets PrimeXBT’s Covesting apart from other platforms is its offering of fee-free copying. It serves a global audience and offers an advanced trading environment supported by top-notch technology. This platform not only makes advanced trading techniques accessible to everyone but also creates an environment where learning and improvement are integral parts of investing. On Phemex, you can see the past performance of each trader, allowing you to make informed decisions based on actual data. Known for its focus on user empowerment, Phemex allows enthusiasts to explore copy trading confidently and effortlessly. This feature not only simplifies the trading process but also provides a safety net for those new to the crypto arena.

Why We Chose Mexc?

This means that users can benefit from the knowledge and skills of successful traders without needing to constantly monitor the market themselves. Margex is one of the top copy trading platforms in the cryptocurrency market. PrimeXBT’s is recognized as one of the best copy trading platforms in the cryptocurrency market. Phemex provides a curated list of reputable traders, giving users the ability to choose from a variety of candidates based on their trading styles and success rates.

Research reviews, check for licenses, and look at how transparent the platform is about trader performance and fees. Copy trading platforms like eToro and Bybit are popular for being good entry points as they balance user-friendliness with strong community support. Using a registered broker while investing in the financial markets legalizes your account and the traders inside. Experienced traders always rely heavily on risk management tools. This strategy means copying traders who ride big market moves, especially during bull runs. It involves replicating the complete trading system of top traders.

Other Common Questions About Cryptocurrency Exchanges

• I enjoy the covenience of having a built in crypto wallet.
• Each copied position opens proportionally to the chosen allocation, ensuring follower capital is deployed according to defined portfolio weightings.
• Deciphering the most suitable strategy involves understanding your investment goals, risk tolerance, and time commitment. newlineSocial trading combines aspects of social networking with investment management.
• It offers the largest crypto copy trading pool in the market, having facilitated over 2 million positions for more than 50,000 investors.
• While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges.
• CoinGape gives Cryptohopper a user rating of 4.1 out of 5 for its beginner-friendly design and automated trading bots.

As a beginner, you can use  Mock Spot Copy trading, to practice testing strategies with virtual funds before risking real money. Binance is the largest crypto exchange in the world in 2025 with a market share of around 44%. You can consider traders with an ROI above 50%, win rates over 60%, and drawdowns under 20%.

By copying their moves, you can learn from their experience and adapt your strategies accordingly. With Binance copy trading, you can invest a minimum copy amount of 10 USDT but it can go as high as 10,000 USDT. This fee is incorporated into the market price, also known as the bid-ask spread, which is the difference between the buying (bid) and selling (ask) https://slashdot.org/software/p/IQcent/ prices. For reference, there is a 1% fee applied to both buying and selling cryptoassets. Unlike traditional managed portfolios that often come with management fees, eToro’s CopyTrader incurs no additional charges. Our full Bitget review covers everything you need to know about this exchange.

Community Engagement Features

This technique is particularly useful in the crypto market, which is known for its wild price swings and complex dynamics. At its core, copy trading is all about copying successful trading strategies. Yes, most platforms charge either a fixed fee, a percentage of profits, or both.

Here you can find all Crypto Airdrops from various crypto exchanges Remember that it’s always about aligning those features with your personal trading goals and risk appetite. After understanding the benefits and drawbacks of crypto copy trading, the next step is to find the right platform. To use this strategy effectively, traders should balance the convenience of automation with the need for personal understanding. Copy trading has become a popular way to enter the crypto market for a reason. The buys and sells of those traders you copy are automatically reflected in your own portfolio.

• Platforms often add layers of analytics like volatility profiles and Sharpe ratios, allowing followers to weigh profitability against sustainability.
• However, decentralized copying introduces risks because crypto trading bots cannot easily separate genuine alpha from manipulative or deceptive wallet activity.
• This feature equips users with crucial insights, empowering them to make informed decisions when choosing who to copy trade with.

How Much Money Do I Need To Start Crypto Copy Trading?

• Over 20 crypto platforms and wallets reviewed and rated by our expert Nerds.
• That’s not to say there aren’t any fees though — you will still be charged spreads on the trading and/or transaction fees where applicable.
• If you’re using a cryptocurrency trading bot, you’ll likely have taxable events to report to the IRS.
• Compared to forex trading in the foreign exchange and financial markets, copy trading in the crypto realm doesn’t guarantee positive growth due to the volatility of crypto assets.
• As a side note, you should also consider getting a reliable and secure crypto wallet for storing the earnings you manage to get from copy trading.

Phemex, is one of the leading crypto exchanges of 2025, launched  in 2019 by Jack Tao, a former Morgan Stanley executive. It serves over 50 million users in 160+ countries with more than $2.8 billion in daily trading volume. OKX is one of the best top crypto exchanges in 2025, founded in 2017 by Star Xu. Binance also stands out for its leverage options up to 125x, no fees charged on some trades and growing regulatory approvals. Binance is ranked the best crypto exchange with an average of 21 billion daily trading volume. Considering all the features and user trust on Binance, Coingape rated it’s copy trading feature 4.9 out of 5.