Cryptocurrency exchanges by trust score

Spot exchanges ranked using CoinGecko's trust score, which combines reported volume, order book depth, web traffic and regulatory standing.

Exchanges listed: 100
Scoring 8+: 47
Combined 24h volume: 1,312,430 BTC

#	Exchange	Country	Founded	Trust score	24h volume (BTC)	Share of listed volume	Website
1	Coinbase Exchange	United States	2012	10/10	43,811	3.34%	Visit
2	Binance	Cayman Islands	2017	10/10	207,259	15.79%	Visit
3	Kraken	United States	2011	10/10	24,611	1.88%	Visit
4	OKX	Seychelles	2017	10/10	47,675	3.63%	Visit
5	Bitget	Seychelles	2018	10/10	23,759	1.81%	Visit
6	Gate	Panama	2013	10/10	41,648	3.17%	Visit
7	Bitstamp by Robinhood	Luxembourg	2011	9/10	7,767	0.59%	Visit
8	Bybit	British Virgin Islands	2018	9/10	40,488	3.08%	Visit
9	MEXC	Seychelles	2018	9/10	24,503	1.87%	Visit
10	Toobit	Cayman Islands	2022	9/10	35,609	2.71%	Visit
11	Crypto.com Exchange	Malta	2019	9/10	22,085	1.68%	Visit
12	KuCoin	Seychelles	2017	9/10	29,569	2.25%	Visit
13	Bitso	Gibraltar	2014	9/10	253	0.02%	Visit
14	Bitunix	Saint Vincent and the Grenadines	2021	9/10	7,047	0.54%	Visit
15	LBank	British Virgin Islands	2015	9/10	37,524	2.86%	Visit
16	Binance US	United States	2019	9/10	568	0.04%	Visit
17	BingX	British Virgin Islands	2018	9/10	6,984	0.53%	Visit
18	Bitvavo	Netherlands	2018	9/10	7,841	0.60%	Visit
19	HashKey Exchange	Hong Kong	2018	9/10	1,661	0.13%	Visit
20	Bullish	Gibraltar	2021	8/10	26,018	1.98%	Visit
21	OSL Exchange	Hong Kong	2018	8/10	1,068	0.08%	Visit
22	WhiteBIT	Lithuania	2018	8/10	26,868	2.05%	Visit
23	Luno	Singapore	2013	8/10	272	0.02%	Visit
24	Bitkub	Thailand	2018	8/10	1,204	0.09%	Visit
25	Gemini	United States	2014	8/10	2,807	0.21%	Visit
26	Upbit	South Korea	2017	8/10	47,507	3.62%	Visit
27	Bitbank	Japan	2016	8/10	1,306	0.10%	Visit
28	Niza.io	Lithuania	2021	8/10	5,551	0.42%	Visit
29	CoinW	—	2017	8/10	22,078	1.68%	Visit
30	Bit2Me	Spain	2014	8/10	3,235	0.25%	Visit
31	HashKey Global	Bermuda	2018	8/10	5	0.00%	Visit
32	Ourbit	British Virgin Islands	2020	8/10	25,283	1.93%	Visit
33	Bybit EU	Austria	2025	8/10	371	0.03%	Visit
34	Bitfinex	British Virgin Islands	2012	8/10	5,001	0.38%	Visit
35	Byte Exchange	Estonia	2021	8/10	1,678	0.13%	Visit
36	GroveX	Australia	2022	8/10	17,074	1.30%	Visit
37	WEEX	Singapore	2018	8/10	44,498	3.39%	Visit
38	Zoomex	Seychelles	2021	8/10	8,856	0.67%	Visit
39	DigiFinex	Seychelles	2018	8/10	25,601	1.95%	Visit
40	BitoPro	Taiwan	2018	8/10	271	0.02%	Visit
41	BitKan	British Virgin Islands	2012	8/10	2,328	0.18%	Visit
42	Coinstore	British Virgin Islands	2020	8/10	2,389	0.18%	Visit
43	VALR	South Africa	2018	8/10	206	0.02%	Visit
44	Bitazza	Thailand	2021	8/10	331	0.03%	Visit
45	CoinTR	Turkey	2022	8/10	2,856	0.22%	Visit
46	LeveX	Panama	2023	8/10	521	0.04%	Visit
47	Pionex	British Virgin Islands	2019	8/10	60,880	4.64%	Visit
49	Bitrue	Seychelles	2018	7/10	16,922	1.29%	Visit
50	Coins.ph	Philippines	2014	7/10	1,147	0.09%	Visit
51	Bithumb	South Korea	2014	7/10	23,076	1.76%	Visit
52	GMO Coin Japan	Japan	2017	7/10	773	0.06%	Visit
53	OKJ	Japan	2017	7/10	128	0.01%	Visit
54	BYDFi	Canada	2020	7/10	3,414	0.26%	Visit
55	Bitlo	Turkey	2018	7/10	36	0.00%	Visit
56	Backpack Exchange	British Virgin Islands	2023	7/10	320	0.02%	Visit
57	Bittime	Indonesia	2022	7/10	255	0.02%	Visit
58	Biconomy.com	British Virgin Islands	2019	7/10	39,055	2.98%	Visit
59	bitFlyer	Japan	2014	7/10	577	0.04%	Visit
60	BitTrade	Japan	2016	7/10	31	0.00%	Visit
61	Phemex	Samoa	2019	7/10	14,169	1.08%	Visit
62	Korbit	South Korea	2013	7/10	305	0.02%	Visit
63	Nonkyc.io	Seychelles	2023	7/10	713	0.05%	Visit
64	P2B	Lithuania	2018	7/10	12,832	0.98%	Visit
65	Koinpark	India	2023	7/10	275	0.02%	Visit
66	One Trading	Italy	2019	7/10	10	0.00%	Visit
67	Max Maicoin	Taiwan	2018	7/10	209	0.02%	Visit
68	DIFX	Cayman Islands	2021	7/10	1,665	0.13%	Visit
69	BtcTurk \| Kripto	Turkey	2013	7/10	2,656	0.20%	Visit
70	Ondo Stocks	British Virgin Islands	2025	7/10	35	0.00%	Visit
71	Hibt	Canada	2021	7/10	14,578	1.11%	Visit
72	Websea	British Virgin Islands	2023	7/10	17,852	1.36%	Visit
73	XT.COM	Seychelles	2018	7/10	36,889	2.81%	Visit
74	Deribit Spot	Panama	2016	7/10	3,493	0.27%	Visit
75	Coinone	South Korea	2016	7/10	1,898	0.14%	Visit
76	CEX.IO	United Kingdom	2013	7/10	382	0.03%	Visit
77	BitMEX	Seychelles	2022	7/10	0	0.00%	Visit
78	Webot	United States	2022	7/10	175	0.01%	Visit
79	Tapbit	United States	2019	6/10	45,482	3.47%	Visit
80	CoinEx	Samoa	2017	6/10	1,760	0.13%	Visit
81	PointPay	Saint Vincent and the Grenadines	2018	6/10	1,940	0.15%	Visit
82	BloFin	Marshall Islands	2023	6/10	11,361	0.87%	Visit
83	Independent Reserve	Australia	2013	6/10	100	0.01%	Visit
84	HTX	Seychelles	2013	6/10	8,467	0.65%	Visit
85	Tokpie	Hong Kong	2018	6/10	173	0.01%	Visit
86	Gate US	United States	2020	6/10	0	0.00%	Visit
87	Orbix	Thailand	2017	6/10	12	0.00%	Visit
88	KCEX	Seychelles	2021	6/10	27,448	2.09%	Visit
89	Dex-Trade	Seychelles	2017	6/10	35	0.00%	Visit
90	Coincheck	Japan	2014	6/10	899	0.07%	Visit
91	Poloniex	Seychelles	2014	6/10	19,000	1.45%	Visit
92	Hotcoin	Seychelles	2017	6/10	19,921	1.52%	Visit
93	Hata	Malaysia	2023	6/10	9	0.00%	Visit
94	XBO.com	Isle of Man	2022	6/10	499	0.04%	Visit
95	BitDelta	Vanuatu	2023	6/10	28,295	2.16%	Visit
96	BTSE	Costa Rica	2018	6/10	2,556	0.19%	Visit
97	BitMart	Cayman Islands	2017	5/10	3,714	0.28%	Visit
98	CoinDCX	Singapore	2018	5/10	27	0.00%	Visit
100	WazirX	India	2018	5/10	8	0.00%	Visit
101	Emirex	United Arab Emirates	2014	5/10	78	0.01%	Visit
102	CoinJar Exchange	United Kingdom	2013	5/10	47	0.00%	Visit

Volume here is self-reported

The volume column is what each venue reports to CoinGecko, not an independently measured figure. The trust score exists precisely because reported volume and real volume are not always the same thing — open an exchange's own page to see its normalised volume, which discounts the claim against order book depth.

What the trust score measures

CoinGecko's trust score is an attempt to answer a hard question: how much of an exchange's reported volume is real? It blends order book depth at various price levels, the spread between bid and ask, web traffic relative to claimed volume, and whether the venue holds recognised licences or publishes proof of reserves.

A score of 10 does not certify an exchange as safe, and a low score does not prove wrongdoing. It is a liquidity and transparency signal, not an audit. Custody risk, withdrawal policy and jurisdiction are separate questions that no single number captures.

Practical use: if two venues list the same pair, the higher-trust one will usually give you a tighter spread and a fill closer to the quoted price. For anything you intend to hold long-term, self-custody remains the relevant consideration regardless of which exchange you buy on.