12 Best Crypto Exchanges for Day Trading in 2025
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According to our research, the best crypto exchange for day trading is Coinbase Advanced. This CEX is registered as an MSB with FinCEN, which enables it to operate in all US states. This is also the second-largest crypto exchange by trading volume, meaning you can enter and exit positions quickly with minimal slippage. Coinbase Advanced supports 552 spot pairs, 237 USDC pairs, and 22 stable pairs, and it doesn’t enforce minimum portfolio size requirements.
Selecting a reliable crypto platform for day trading is crucial if you want to profit from the fast-moving crypto market. This means you’ll have to find a trusted exchange with low commissions, tight spreads, and plenty of liquidity. Not to mention a wide range of markets and analysis tools.
To help you find “the one,” we assessed over 50 crypto exchanges based on our hands-on methodology. We compared their trading fees and pairs, order execution times, trading volume, liquidity, and global availability.
Read on as we rank and review the top 13 platforms for crypto day trading in 2025.
- In This Article
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- 1. Coinbase Advanced — Best Crypto Exchange for US Traders
- 2. Binance — Best Day Trading Crypto Exchange for High Volume Traders
- 3. Crypto.com — Best Crypto Exchange for Advanced Traders
- 4. OKX — Best Day Trading Exchange for Low Commissions
- 5. Kraken — Best Day Trading Exchange With Low Minimum Deposit
- 6. Best DEX — Best Day-Trading Exchange for In-Wallet Trading
- 7. CoinFutures — Best Option for No Slippage
- 8. MEXC — Best Day Trading Platform for Altcoin Enthusiasts
- 9. Margex — Best Non-KYC Exchange for Day Trading
- 10. Bybit — Top Day Trading Exchange for Options
- 11. PrimeXBT — Best Platform for Day Trading Multiple Financial Markets
- 12. eToro — Best Exchange for Day Trading Beginners
- 13. KuCoin — Top-Rated Crypto Day Trading Platform for New Cryptocurrency Listings
- In This Article
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- 1. Coinbase Advanced — Best Crypto Exchange for US Traders
- 2. Binance — Best Day Trading Crypto Exchange for High Volume Traders
- 3. Crypto.com — Best Crypto Exchange for Advanced Traders
- 4. OKX — Best Day Trading Exchange for Low Commissions
- 5. Kraken — Best Day Trading Exchange With Low Minimum Deposit
- 6. Best DEX — Best Day-Trading Exchange for In-Wallet Trading
- 7. CoinFutures — Best Option for No Slippage
- 8. MEXC — Best Day Trading Platform for Altcoin Enthusiasts
- 9. Margex — Best Non-KYC Exchange for Day Trading
- 10. Bybit — Top Day Trading Exchange for Options
- 11. PrimeXBT — Best Platform for Day Trading Multiple Financial Markets
- 12. eToro — Best Exchange for Day Trading Beginners
- 13. KuCoin — Top-Rated Crypto Day Trading Platform for New Cryptocurrency Listings
- Show Full Guide
What Are The Best Crypto Exchanges for Day Trading?
Below, you’ll see a head-to-head comparison of our top picks, based on their number of tradeable coins, spread, and whether or not they support in-wallet trading for maximum convenience:
| Exchange | Trading Pairs | Spread | Trading Fees | Available in the US? |
| Coinbase Advanced | 550+ | 0.1 – 0.83% | 0.4% maker/ 0.6% taker | Yes |
| Binance | 1,645+ | 0.1% – 0.24% | 0.1% for makers and takers | Yes |
| Crypto.com | 617 | 0.01% – 0.8% | 0.250% maker/0.500% taker | Yes |
| OKX | 690+ | 0.01% – 0.15% | 0.0800% maker/ 0.1000% taker | Yes |
| Kraken | 1,385+ | 0.01% – 0.42% | 0.25% maker/ 0.4% taker | Yes |
| Best Wallet | 1,000+ | ~0.1% | Third-party dependent (~0.1% to 1%) | Yes |
| CoinFutures | 14 | None | PnL-based or Fixed | Yes |
| MEXC | 2,476 | 0.01% – 0.3% | 0% maker/0.0500% taker | No |
| Margex | 46 | 0.05% – 0.1% | 0.019% maker/ 0.06% taker | No |
| Bybit | 650+ | 0.01% – 0.32% | 0.1000% maker/ 0.1000% taker | No |
| PrimeXBT | 130+ | 0.1%-0.2% | 0.01% maker/ 0.02 to 0.045% taker | No |
| eToro | 145+ | 0.75% – 2% | 1% flat fee | Yes (with limitations) |
| KuCoin | 1,274+ | 0.01% – 0.49% | 0.100% maker/taker | No |
The Top 12 Crypto Day Trading Exchanges Reviewed
We’ll now discuss the top day trading crypto exchanges in detail. Read on to choose the most appropriate trading platform for you.
1. Coinbase Advanced — Best Crypto Exchange for US Traders
- Coins Listed: 350+
- Trading Fees: 0.40% maker / 0.60% taker
- Average Spread: 0.1 – 0.83%
- Availability: Global, including the US, EU, UK
Coinbase Advanced (formerly Coinbase Pro) made our list for its robust security features and compliance with regulators. Its security features include address whitelisting, 2FA, FDIC-insured USD balances (up to $250K), and time-locked storage (Coinbase Vault). The platform is registered as an MSB with FinCEN, which enables it to operate in all US states. Coinbase Advanced is tailored for professional traders. It offers advanced, customizable charting screens with TradingView integration, numerous technical indicators, real-time order books, and more.

Coinbase is the second-largest crypto exchange by trading volume, meaning day traders can open and close positions quickly without worrying about slippage. You can trade 552 spot pairs, 237 USDC pairs, and 22 stable pairs. Plus, there are no minimum portfolio size requirements.
However, we noticed that all orders are subject to the minimum order size requirements, which can be a barrier for traders with small capital. Moreover, Coinbase Advanced is not ideal for scalpers due to its trading fees, which start at 0.40% for makers and 0.60% for takers. This means that small profits could be wiped out by fees.
Pros
- Available in all US states
- Registered as MSB with FinCEN
- Trade directly against a live order book
- Use 104 market indicators
- No minimum portfolio size requirements
Cons
- Trading commissions are higher than most other exchanges
2. Binance — Best Day Trading Crypto Exchange for High Volume Traders
- Coins Listed: 600+
- Trading Fees: 0.1% for makers and takers
- Average Spread: 0.1% – 0.24%
- Availability: Global (US residents can trade on Binance US)
Binance has the highest daily trading volume out of any crypto exchange in December 2025. This ensures excellent liquidity and means that buy and sell orders are executed immediately, with low slippage. Based on Kaiko’s spot exchange ranking methodology for Q4 2025, Binance has a liquidity score of 85, which indicates a strong liquidity momentum.

Day traders pay just 0.1% per slide when trading the spot markets, which is further reduced when holding BNB or meeting 30-day trading milestones. Binance features over 600 coins and 1,645+ trading pairs, so you’ll never be short of trading opportunities. You can also trade leveraged futures with up to 125x leverage.
Binance welcomes traders from most countries worldwide, including the US. However, Americans need to use the Binance US website, which comes with reduced functionality and fewer coins. Moreover, Binance US is not available in all states (e.g., Maine, New York, Texas, Washington).
Pros
- High liquidity
- Buy and sell crypto with low spot trading fees
- Supports over 600 coins and 1,645+ trading pairs
- Offers 125x leverage on perpetual futures
- Available in Europe and the US (via Binance US)
Cons
- US clients have access to fewer markets and products
3. Crypto.com — Best Crypto Exchange for Advanced Traders
- Coins Listed: 425
- Trading Fees: 0.250% maker/0.500% taker
- Average Spread: 0.01%-0.8%
- Availability: Global, including the US, EU, UK
Crypto.com is a centralized exchange that’s suitable for advanced traders. It offers advanced charting tools, trading bots, and fee discounts for high‑volume traders. You can also trade 425 coins, 600 trading pairs, and CFTC-regulated crypto options and derivatives. The platform is available globally. It holds licenses in the US, Europe, Australia, the Middle East, and Africa.

The trading fees start at 0.250% (maker) and 0.500% (taker). However, you can reduce them to 0% by staking CRO tokens. In addition to that, you can participate in the Trading Arena to win cash and crypto prizes. There are no fees for USD deposits via ACH, wire, and Apple/Google Pay.
On the downside, Crypto.com charges a fee for Fedwire and SWIFT withdrawals that amounts to $15 and $45, respectively. Plus, wire transfers come with a high minimum deposit requirement of $1,000 per transaction. This makes the platform less efficient for day-traders who frequently reset their positions.
Pros
- Advanced charting tools and trading bots
- Fee discounts for high‑volume traders
- 600 trading pairs and CFTC-regulated crypto options and derivatives
- Holds licenses in the US, Europe, Australia, the Middle East, and Africa
- No fees for USD deposits
Cons
- High withdrawal fees
- High minimum deposit requirement for wire bank transfers
4. OKX — Best Day Trading Exchange for Low Commissions
- Coins Listed: 355+
- Trading Fees: 0.0800% maker / 0.1000% taker
- Average Spread: 0.01% – 0.15%
- Availability: Global, including the US, EU, UK
We rate OKX as one of the best altcoin crypto exchanges for day trading with low fees. It offers a maker-taker structure with fees decreasing when trading volumes increase. The trading fees for regular users start at 0.0800% for makers and 0.1000% for takers, while the fees for VIP users start at 0.0675% (makers) and 0.0800% (takers). Commissions can also be reduced by 40% when holding OKB, which is the exchange’s native token.

It took us mere minutes to join OKX during our tests, and we appreciated its versatile deposit options, including crypto, Visa, MasterCard, and local banking methods. OKX also supports peer-to-peer payments. Apart from futures, you also gain access to margin accounts and options, plus copy trading and automated bots.
On a negative note, beginners may find OKX a bit complex due to its wide range of advanced features. Moreover, the minimum deposit requirement for USD domestic wire transfers stands at $50. This can be a barrier for investors who wish to start trading with less than $50.
Pros
- Competitive trading fees
- OKB holders can reduce the trading fees by 40%
- Supports spot trading, futures, options, and margin accounts
- Offers copy trading tools and automated bots
Cons
- Beginners might find the trading platform intimidating
- The minimum deposit requirement for USD domestic wire transfers stands at $50
5. Kraken — Best Day Trading Exchange With Low Minimum Deposit
- Coins Listed: 680+
- Trading Fees: 0.02% maker / 0.05% taker
- Average Spread: 0.01% – 0.42%
- Availability: Global, including the US, EU, UK
Kraken caught our attention with its extremely low minimum deposit requirements, ranging between $1 and $10, depending on your chosen payment method. It also offers a secure and user-friendly trading dashboard that supports 680+ cryptocurrencies. This includes some of the best altcoins, such as Kava, Algorand, Polkadot, Solana, and Tron. Accepted payment types include crypto, fiat bank transfers, and debit or credit cards.

While Kraken is ideal for low-volume day traders, we also recommend it for professionals. Kraken Pro is an advanced charting dashboard that comes packed with features. This includes indicators like MACD, Moving Averages, Bollinger Bands, Volume, and many more. It also supports crypto futures with 50x leverage, or you can open a margin account and benefit from 5x leverage.
We noticed that Kraken’s margin trading services are subject to certain limitations. Each currency comes with a maximum allowance, which means that you can’t open a spot position on margin that exceeds that limit. What’s more, opening a margin position incurs fees that range between 0.01% and 0.05%. This can significantly reduce your profits if you open multiple positions per day.
Pros
- Buy and sell more than 680 cryptocurrencies
- Low minimum deposit requirements
- Professional platform for seasoned day traders
- Access leverage via margin accounts and futures
Cons
- Margin trading services are subject to asset limitations
- Fee for opening a margin position
6. Best DEX — Best Day-Trading Exchange for In-Wallet Trading
- Coins Listed: 1,000+ across 60+ chains
- Trading Fees: ~0.25% (discounts with $BEST)
- Average Spread: ~0.1%
- Availability: Global, including the US, EU, UK
Best DEX is a decentralized exchange within the Best Wallet. It enables buying, selling, and swapping 1,000 coins and tokens without going through KYC verification. Its wide range of payment methods, including debit cards, bank transfers, and fiat deposits, makes it highly convenient. Additionally, Best doesn’t charge deposit fees, making it a cost-effective option for frequent account funding, key for active day traders.

Best DEX is among the most diverse trading platforms we’ve tested. It supports major cryptocurrencies like Ethereum, BNB, Dogecoin, Cardano, and Solana, alongside smaller-cap tokens such as Aave, Axie Infinity, and SushiSwap. This variety allows you to explore numerous markets and take advantage of volatile price movements across multiple assets.
If you hold its native token, $BEST, you’ll pay reduced trading fees and gain access to hot presale tokens. Best DEX is fairly new in the crypto world, which is why many of its features and services are not yet live, including derivatives trading, limit orders, stop-loss orders, and dollar cost average buy/sells.
Pros
- Offers over 1,000 coins, including major and low-cap tokens
- Cost-effective for funding accounts
- $BEST token holders benefit from discounted trading fees
- Access to hot crypto presales
Cons
- Most of its features are still in development
- Offers swap-only trading
7. CoinFutures — Best Option for No Slippage
- Coins Listed: 14
- Trading Fees: 0.5% funding fee
- Average Spread: None
- Availability: Global, including the US, EU, UK
CoinFutures is a trading platform that’s specifically designed for speculating on short-term price movements, making it an excellent option for crypto day trading. The platform offers leverage of up to 1,000x and lets you trade 14 coins, such as Bitcoin, Ethereum, Solana, Ripple, Dogecoin, Litecoin, and Tron – all margined against USDT.
CoinFutures doesn’t give you direct market exposure, as its price charts are simulated, closely following the real price action of the traded coins. There are no counterparties because CoinFutures will act as both buyer and seller, eliminating the risk of slippage, low liquidity, and liquidation hunting. However, this also means you can’t trade spot or purchase crypto.
CoinFuters lets you manage risk via stop-loss and take-profit orders, so you’re out of the trade once the price reaches a pre-determined point. There’s also a handy ROI calculator that helps you easily calculate fees and risk-reward ratios. In addition, the platform doesn’t require KYC verification, so you can trade top coins anonymously.
Pros
- Up to 1,000x leverage
- No KYC requirements
- Integration with MetaMask wallet
- Resistant to low liquidity issues and slippage
Cons
- Relatively few supported coins
- 0.5% funding fee for trades open for longer than one hour
8. MEXC — Best Day Trading Platform for Altcoin Enthusiasts
- Coins Listed: 1,980+
- Trading Fees: 0% maker / 0.0500% taker
- Average Spread: 0.01% – 0.3%
- Availability: Global, excluding the US
As one of the best crypto leverage trading platforms, day traders will also like MEXC. This tier-one exchange offers futures leverage of up to 500x – more than any other platform we’ve reviewed apart from CoinFutures. This means a $1,000 account balance offers $500,000 in trading capital.

MEXC is also the exchange with the most coins, with nearly 2,000cryptos listed, ranging from Bitcoin, Bonk, Pepe, and Uniswap to Ethereum, Cardano, Solana, and Arbitrum. This makes it ideal for altcoin enthusiasts. The trading fees range from 0% (maker) to 0.0500% (taker). For that reason, we recommend MEXC as a great option for scalpers, as market spreads are also competitive.
MEXC offers four types of spot orders – limit, market, take-profit/stop-loss, and OCO. However, it doesn’t support advanced order types, such as TWAP, Good Till Time (GTT), or Maker or Cancel (MOC), which is a bit of a letdown. MEXC also lists low-cap altcoins that have lower liquidity, which increases the risk of significant price slippage.
Pros
- Supports nearly 2,000 coins and tokens
- Competitive market spreads
- Up to 500x leverage
- Robust security controls and verified proof of reserves
Cons
- Doesn’t support advanced order types
- Some listed coins appear to be dead projects
9. Margex — Best Non-KYC Exchange for Day Trading
- Coins Listed: 46
- Trading Fees: 0.019% maker / 0.06% taker
- Average Spread: 0.05% – 0.1%
- Availability: Global, excluding the US
If you want to avoid the KYC process, Margex is your go-to option. This privacy-focused day trading platform doesn’t collect personal information, so you can day trade the crypto markets anonymously. Opening an account simply requires an email address and a password.

First-time clients receive a bonus of up to $100, which can be used against trading commissions. Fees are competitive at Margex, with trades costing 0.019% to 0.2%. We should note, however, that Margex doesn’t offer spot trading markets yet. Instead, it specializes in perpetual futures and ranks among our top picks for no-KYC crypto exchanges.
You get leverage of up to 100x available, letting you maximize your profits during intraday moves. Some of the futures markets available on Margex include Bitcoin, Dogecoin, Arbitrum, SushiSwap, Shiba Inu, Ethereum, and XRP. The biggest problem with Margex is that it’s not regulated by major financial authorities. The platform also has high minimum withdrawal requirements. For example, the minimum withdrawal limit for Bitcoin is 0.002 BTC.
Pros
- Offers anonymous day trading accounts
- Supports 46 crypto markets
- Up to 100x leverage
- Aggregates liquidity from multiple providers
Cons
- Unregulated status
- High minimum withdrawal requirements
10. Bybit — Top Day Trading Exchange for Options
- Coins Listed: 718+
- Trading Fees: 0.1000% maker /taker
- Average Spread: 0.01% – 0.32%
- Availability: Global, excluding the US
Bybit is our top pick for day traders looking to delve into options. The exchange offers competitive strike prices and premiums for three major coins – Bitcoin, Ethereum, and Solana, settled in USDC. Bybit’s options are European-style, which means you can’t exercise them before the expiry date. However, you’ll find plenty of same-day options, which is perfect for day-trading.

Bybit also provides a huge selection of leveraged markets, including perpetual and delivery futures. These come with maximum leverage limits of 200x, so you can amplify a $100 account balance to $20,000. All its trading products come with advanced charts and analysis tools. Not to mention in-depth order books.
We also like that Bybit uses an order-matching engine capable of handling 100,000 transactions per second. Bybit holds a MiCA license, enabling it to operate in the EEA. However, due to regulatory issues, it doesn’t offer its services to users from the US, Canada, the UK, or France. Moreover, Bybit was hacked in 2025, which harmed its reputation.
Pros
- Supports European-style options
- Up to 200x leverage
- Holds a MiCA license
- Uses an order-matching engine that can handle 100,000 transactions per second
Cons
- Not available in the US, UK, and Canada
- Bybit was hacked in 2025
11. PrimeXBT — Best Platform for Day Trading Multiple Financial Markets
- Coins Listed: 100+
- Trading Fees: 0.01% maker / 0.02% to 0.045% taker
- Average Spread: 0.1% – 0.2%, with spreads potentially widening during volatility
- Availability: Global, excluding the US
Next is PrimeXBT, which is our top pick for day traders looking for diversification. In the digital asset space, it lists some of the best cryptocurrencies to trade. This includes Bitcoin, Litecoin, BNB, Stellar, Dogecoin, Chainlink, and Solana.

While its spot market is fairly limited, you can trade over 100cryptocurrencies via perpetual futures with up to 500x leverage. In addition to crypto, PrimeXBT also supports major and minor forex pairs, commodities, and indices.
Forex, commodities, and indices can be traded on a spread-only basis. The platform also offers 40+ technical analysis indicators to help you identify potential entry and exit points. However, we noticed that PrimeXBT doesn’t support iceberg and scaled orders, which could be a dealbreaker if you want to trade highly volatile assets.
Pros
- Supports crypto, forex, indices, and commodities
- Offers crypto leverage of up to 500x
- High withdrawal limits
- 40+ technical analysis indicators
Cons
- Not available to clients in the US
- Comparatively few listed coins
- Doesn’t support iceberg and scaled orders
12. eToro — Best Exchange for Day Trading Beginners
- Coins Listed: 120+
- Trading Fees: 1% buy/sell flat fee
- Average Spread: Spreads are higher, ~0.75% – 2%, reflecting its focus on simplicity over professional trading
- Availability: Global, including the US, EU, UK
eToro is an ideal crypto day trading exchange for beginners. It’s an established broker that was launched in 2007 and has a strong reputation globally. However, it mainly impressed us with its excellent copy trading feature. It lets you pick a trader to copy based on their performance, risk score, and portfolio, so you can score profits even if you lack the technical know-how to execute trades yourself. Plus, we loved that the feature doesn’t incur additional fees.

eToro also offers a solid range of crypto day trading markets, supporting 120+ coins, including Bitcoin, Uniswap, Raydium, Ripple, THORChain, and Solana. You can even trade some coins against currencies like EUR and JPY, which is a rare find among crypto exchanges.
On the downside, we should note that eToro isn’t the best option for US-based day traders, as a 2024 SEC settlement severely limited the platform’s crypto offerings in the country, allowing only Bitcoin, Ethereum, and Bitcoin Cash purchases. Moreover, eToro supports only basic order types – market, limit, stop loss, TSL, and take profit.
Pros
- No additional charges for using the CopyTrader feature
- Trade over 100 crypto markets
- User-friendly dashboard is ideal for newcomers
- Accepts e-wallets, debit cards, and banking methods
Cons
- Non-USD deposits are charged 1.5%
- Crypto trading commission is 1%
- Supports only basic order types
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Visit eToro13. KuCoin — Top-Rated Crypto Day Trading Platform for New Cryptocurrency Listings
- Coins Listed: 1,040+
- Trading Fees: 0.100% maker/taker
- Average Spread: 0.01% – 0.49%
- Availability: Global, excluding the US
If you want to maximize your day trading opportunities, KuCoin is one of the best options for day trading new cryptocurrencies. We particularly liked the exchange’s Spotlight launchpad for innovative projects. After raising funds, these coins trade on the main KuCoin exchange. What’s more, KuCoin frequently lists new cryptocurrencies from other top launchpads.

It also runs day trading competitions on newly listed coins. This increases exposure for new projects and helps KuCoin increase trading volumes. The exchange is also a great option for trading established cryptocurrencies like Bitcoin, Ethereum, Solana, Ripple, and Cardano. But if you’re after crypto gems, check out our guide on the potential upcoming KuCoin listings.
Keep in mind that new coins often have a low trading volume, which can lead to delisting. Based on CoinMarketCap’s 2023–2024 survey, KuCoin has a high delisting rate of 26.15%. The platform was also hacked in 2020.
Pros
- Great option for day trading up-and-coming coins
- KuCoin Spotlight gives you access to new projects
- Maximum spot trading commission of 0.1%
Cons
- Often lists tokens with low trading volume
- KuCoin has a high delisting rate
- Hacked in 2020
What Is Crypto Day Trading?
Crypto day trading is a short-term investment strategy that involves buying and selling crypto assets throughout the day. This means that trading positions only remain open for several hours – in some cases, minutes.
That said, day traders usually place multiple trades each day. Although this strategy can be profitable, you’ll need to have a grasp of technical analysis. This means analyzing charts, historical trends, real-time prices, volume, volatility, and technical indicators to find the best crypto to day trade. Without these tools, you won’t be able to predict the crypto markets in the short term.
There are several crypto day trading strategies to follow in 2025. For example, some traders will buy a new coin, hope that its price increases, and then sell it a few hours later. Others will short-sell a coin if they believe the markets are about to decline. It’s also possible to day trade crypto with futures, options, and other derivative products.
Benefits and Risks of Crypto Day Trading
Day trading is high-paced and can be both exciting and lucrative for experienced traders. However, it involves risks that you should also consider. Let’s explore the two sides of day trading:
Benefits
If you have the skills and discipline required for day trading, you can benefit in the following ways:
- High Profit Potential: The cryptocurrency market is fast-moving and highly volatile. Opening multiple positions per day means you can profit from rapid, short-lived price movements, especially if you use leverage to amplify your positions.
- No Overnight Risk: Unlike swing trading, which involves holding positions for days, weeks, or months, day trading means opening and closing your positions within the same day. This spares you the risk of holding positions overnight when you can’t observe the market.
- 24/7 Market Access: In contrast with traditional financial markets, which operate within certain hours each day and are closed during the weekend, the crypto market is open 24/7. This means you can day trade regardless of your time zone and benefit from the same liquidity and market conditions as traders in other countries.
- High Liquidity: The crypto market is highly liquid, making it an excellent venue for day trading. The best exchanges for day trading execute trades instantly, have tight spreads and minimal slippage, plus you can open large positions without worrying about moving the price.
Risks
While crypto day trading can be highly rewarding, it’s also challenging and can lead to substantial losses. Learn about the risks below:
- High Volatility: Volatility is both beneficial and problematic. Crypto prices move rapidly, and ending up on the wrong side of a trade, especially multiple times per day, can quickly lead to significant losses.
- Leverage Risks: Most day traders use leverage (i.e., borrowed funds) to open large positions with small initial capital. While leverage can amplify your profits, it does the same to your losses. Using high leverage also increases the risk of liquidation, which means you can lose your entire portfolio on a single trade if you’re not careful.
- Transaction Costs: Depending on your strategy, trading fees can quickly pile up, eating away at your profits or increasing your losses. While this won’t be an issue if you open a few trades per day, it’s an especially important consideration for scalpers, who open and close numerous trades daily.
- Time Commitment and Stress: Day trading requires you to constantly monitor the markets, switch between charts, follow news, and execute trades based on what you see. This can be very time-consuming, but also stressful, especially if you string multiple losses in a row or miss good opportunities.
What Are The Best Crypto Day Trading Strategies
The most popular crypto day trading strategies include scalping, arbitrage, range, momentum, breakout, and reversal trading. Here’s how they work.
Scalping
Scalping is a trading strategy that includes making multiple small trades within a short time period. The goal of scalping is to make a profit on minor price movements. For example, a scalper will buy crypto at a price of $100 and sell it a few seconds or minutes later when its price reaches $101 to make a $1 profit. This process can be repeated many times throughout the day.
The main disadvantage of scalping is limited profit potential. Moreover, high spreads and commissions can wipe out your profits.
Range Trading
This strategy involves capitalizing on the price bouncing between the lower boundary (support) and upper boundary (resistance). I.e., you buy crypto when its price is near the support level and sell it when the price is near the resistance level to profit from the price oscillations within that range.

Let’s say Bitcoin’s price has been repeatedly bouncing between $40,000 and $50,000. This would indicate that its support level is $40,000 and its resistance level is $50,000. Place a buy limit order slightly above the support level, for example, $40,100, if you expect the price of BTC to go up. Once the price goes near the resistance level, for example, $40,900, place a sell limit order to exit the position and take profit.
Momentum Trading
Momentum trading is a strategy that involves buying and selling cryptocurrencies based on their recent price trends. Meaning you buy and sell assets with strong upward and downward price momentum.
Let’s say ETH has been trading between $2,800 and $2,900 for two weeks. During the third week, its price suddenly jumps to $3,000, which could signal the start of an upward trend. Open a long position to capitalize on ETH’s upward trend and close it once the trend starts to fade.
Breakout Trading
Breakout traders aim to capitalize on significant price movements. This strategy involves opening a position when the price of a certain token moves beyond its resistance or support level. Unlike scalping, breakout trading offers high profit potential. However, it also comes with certain risks, such as false breakouts.

A false breakout occurs when the price of a certain token briefly moves beyond its resistance or support level but then quickly falls back into its original price range. This is why breakout trading requires using volume-based indicators and momentum indicators.
Reversal Trading
This strategy involves identifying when the upward or downward trend is about to change its direction and profiting from the new trend. Reversal trading enables you to profit in both directions. However, beginners should avoid using this strategy as it requires understanding the support and resistance zones and reversal signals.
Moreover, reversals within strong trends often fail, which makes this strategy very risky.
Arbitrage
Arbitrage enables you to profit from market inefficiencies. It involves buying crypto on an exchange where its price is lower and selling it on a platform where its price is higher. For example, buy DOGE on Coinbase for $0.13 and sell it on Binance for $0.14. You can also use arbitrage to profit from price differences between crypto-asset pairs.
Keep in mind that high transaction fees can wipe out your profits, especially when price differences are small.
How to Get Started With Crypto Day Trading: Step-by-Step Guide
Now that you know the risks and benefits of day trading, let’s walk through the basic steps of getting started with a day trading exchange, like Coinbase:
Step 1: Create an Account on Coinbase
Visit Coinbase’s official website, tap the Sign up button, and enter your email address. Next, open your email and copy the verification code. Create a password and select Continue. Now, enter your first and last name and phone number to receive a verification code via SMS. Enter the code and tap Continue.

Step 2: Verify Your Identity
Select your citizenship and country of residence and upload your identity and proof of address documents.

Step 3: Link a Payment Method
Log in to your Coinbase account, click on your profile icon, and choose Settings. Here you’ll find the Payment methods tab. Tap the Add a Payment Method button and choose your preferred payment method. US customers can use bank accounts (ACH), debit cards, PayPal, Apple Pay, Google Pay, and Samsung Pay.

Step 4: Place Your Order
Click on your profile icon and tap on the Advanced Trade button. Select the pair you wish to trade and choose the order type (market, limit). Now, enter the amount you wish to trade and click Buy or Sell to place your order.

How Is Crypto Day Trading Taxed?
In most countries, any profits you make from crypto day trading will be subject to capital gains. In the US, for example, the IRS treats crypto like property, and frequent buying and selling (like in day trading) falls into the short-term capital gains bracket. Your gains are taxed at your ordinary income rate – 10% to 37% in 2025. So, here’s what that looks like at a 10% tax rate:
- You buy Bitcoin at $100,000
- You sell Bitcoin at $101,770 a few minutes or hours later, resulting in a 1.66% gain
- Your profit on this trade is $1,770
- Your capital gains taxes are $17.70
Due to the sheer number of positions entered by day traders, it’s important to keep adequate records. Crypto-related taxable events include selling crypto for fiat, trading one crypto for another, or using your coins to pay for goods and services. Everything will need to be tallied up at the end of the year, which will determine whether or not any capital gains tax is due.
Check out our free Crypto Tax Calculator to discover your tax liability.
Methodology: How We Ranked The Best Crypto Exchanges for Day Trading
To rate the top day-trading crypto exchanges, we assessed five key factors, scoring them on a scale of 1-10. We then weighed the categories to calculate an overall score for each crypto day trading exchange. Finally, we tallied the final scores to rank them:
Lowest Trading Fees (25%)
While low fees are important for all investment strategies, they’re imperative when day trading crypto. After all, day traders target much smaller margins, especially when positions remain open for several minutes. This means that unfavorable fees can make day trading unviable.
On average, we found that exchanges charge 0.01% to 0.06% for makers. MEXC takes things to the next level, as spot trading commissions have been removed. In addition, we explored the average market spread for each exchange. This is the difference between the buy and sell prices. Tight spreads are crucial to keep overall trading fees to a minimum.
Fastest Order Execution (25%)
Another important metric for day traders is fast execution times. This is especially the case in the crypto trading space, where prices are extremely volatile. If execution speeds are slow, slippage can occur. Slippage is when traders get a different price than what they expected when placing an order.
Most crypto day trading sites display their average order execution speed; this should be in milliseconds. However, what exchanges publish isn’t always the reality. Therefore, we tested average speeds ourselves.
Highest Trading Volume and Liquidity (25%)
High trading volumes are another non-negotiable metric when day trading crypto. Insufficient trading volume results in low liquidity levels.
In turn, this means unfavorable market conditions and difficulty in buying or selling a crypto pair at a suitable price. Low liquidity also means an inadequate order book. This can result in significant slippage.
Fortunately, all of the platforms listed on this page offer huge trading volumes. For example, MEXC processed almost $2 billion worth of orders on the prior day. This includes more than $570 million in BTC/USDT positions. For example, Coinbase has a 30-day trading volume of more than $3 billion.
Most Trading Pairs (15%)
Seasoned day traders like to have access to a wide range of markets. This ensures that there are sufficient trading opportunities throughout the day. Therefore, we prioritized platforms that support many crypto pairs.
At a minimum, this should include large caps like Bitcoin, Ethereum, and XRP. We also like to see up-and-coming cryptocurrencies that are new to the market. These offer day traders higher profit potential.
Widest Global Availability (10%)
We also prioritized crypto day trading platforms that operate globally. This ensures traders from most countries have access to a platform.
For example, many crypto platforms do not allow US traders. This includes MEXC, KuCoin, Margex, PrimeXBT, and Bybit.
Conclusion: What is The Best Crypto Exchange for Day Trading?
Crypto day trading can be lucrative, but make sure you’re well-versed in risk management and technical analysis. Finding the right exchange for day trading can also be challenging, so we did the heavy lifting and gave you 13 excellent platforms to consider, each offering unique advantages, depending on your trading style.
Overall, we rank Coinbase Advanced as the top option. This platform supports 552 spot pairs, 237 USDC pairs, and 22 stable pairs. You can also use 104 market indicators and trade directly against a live order book.
FAQs
Can you day trade on Coinbase?
What is the best crypto exchange for day trading in the US?
What is the best app to day trade crypto?
Is crypto day trading profitable?
Does Binance offer crypto day trading software?
References
- CASS 7.13 Segregation of client money (FCA)
- New Binance chief refuses to disclose global headquarters’ location (Financial Times)
- Cryptocurrency futures and options (CME Group)
- Corporate – Income determination (PwC)
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