Which Crypto Exchange Has The Most Coins?

Despite the fact that there are more than 19,500 cryptocurrencies in existence, only a small portion of them are listed on the most well-known exchanges. This is the case because cryptocurrency trading platforms will only list a coin after a careful review. Along with costs and trading volume, selecting the best cryptocurrency exchange with the most coins is crucial.

To invest in and trade in cryptocurrencies, you need to have access to a large selection. It can occasionally be an issue when exchangers only have a few dozen coins listed in their catalogues. Especially when it restricts your trading and, thus, your prospects for profit. The team at Naga Reviews have made all efforts to shortlist crypto exchanges with the most coins if you want a bigger playing field. As you are aware, the naga ratings are always at the top of the list, and this blog will assist you in determining the crypto exchange with the most coins.

The best crypto exchanges with the most coins

Counting all the coins mentioned on each exchange's website can help you identify the top crypto exchanges with the most cryptocurrencies. In addition to the number of cryptocurrencies mentioned, naga reviews have taken into account the total number of markers, fees, trading volume, and liquidity. As the Naga ratings are always at the top of the list, we only provide the best content for our readers. 

  • Gate.io 
  • MEXC 
  • KuCoin 
  • Huobi Global 
  • Binance 
  • FTX 
  • Hotbit

Gate.io

One of the first cryptocurrency exchanges to enter the market was Gate.io. The exchange, which was introduced in China in 2013 and has since undergone a rebranding, has expanded significantly over time. Due to its amazing list of quickly expanding cryptocurrencies, the greatest number of trading markets, and respectable trading volume, it wins the top spot overall. The marketplaces you have access to ultimately define your trading prospects. Gate.io doesn't officially have the most cryptocurrencies, with 1459 coins, but it does have the most markets. As a result, Gate.io presents more chances than any other platform.

MEXC

MEXC is a reputable cryptocurrency exchange that also goes by the name MEXC Global and provides its services globally. Its cryptocurrency listing is the third-largest in the world with 1437 coins. The exchange has a solid starting team with representatives from top blockchain and financial firms. The group asserts that it has been working on blockchain technology from its foundation.

KuCoin

KuCoin would be listed as the cryptocurrency exchange with the most coins on any other list. However, as this buyer's guide is focused on the finest cryptocurrency exchanges with the greatest number of coins, KuCoin is lagging with just roughly 730 virtual coins.

KuCoin is generally regarded as one of the greatest cryptocurrency trading platforms. It features great average trading volume, cheap costs, and a high liquidity score. It functions in more than 200 nations. But KuCoin lacks the necessary authorization to operate in the US.

Huobi Global

One of the most popular cryptocurrency exchanges in the world, Huobi Global, has a significant presence in the Asian market. It debuted in 2013 and has steadily grown its user base ever since, much like Gate.io.

This exchange offers spot and futures trading, staking, crypto lending, and other options to generate income from cryptocurrency holdings, making it a comprehensive ecosystem for digital assets in and of itself. The deep liquidity you'll discover on the exchange with one of the largest average trading volumes is Huobi's strongest feature.

Binance

Usually, Binance appears in the top three positions in the rankings of the best cryptocurrency exchanges. However, it is ranked lower in this article because, with just 395+ coins, Binance has a fewer selection of cryptocurrencies than Gate.io, KuCoin, or Huobi Global.

Binance still offers a sizable selection of currencies accessible for trade, totalling over 400. Although Binance's website states that it supports 600+ cryptocurrencies, we manually counted the rows on its market page and discovered that this figure was misreported.

FTX

Although it may not be the top cryptocurrency exchange with the most currencies, FTX is an excellent option for experienced traders. It provides complex products like margin and derivatives trading and has a built-in digital wallet to safeguard cash.

The exchange is a new entrant in the market because it was just established in 2019. Nevertheless, it has swiftly developed into a well-liked crypto trading platform, particularly for experts, because of its cutting-edge features and high-quality products.

Hotbit

The quantity of coins that Hotbit supports is the only factor keeping it on this list. When you take into account other crucial elements like liquidity, costs and security, it isn't the best cryptocurrency exchange. However, it is the single crypto exchange with the most currencies, totaling more than 1549.

Hotbit has a wide range of coverage, despite its flaws of poor liquidity, limited trade volume, and a tiny user base. It not only supports the broadest range of cryptocurrencies but also functions in more than 170 nations.

Techniques for Finding the Best Crypto Exchange with the Most Coins

It's similar to choosing among the top crypto exchanges to choosing the ones with the most coins. The number of markets and cryptocurrencies available on each exchange is simply given greater weight. Here are a few points to keep in mind: 

  • The number of cryptocurrencies 
  • The number of markets
  • Fees 
  • Trading volume and liquidity

Final Words

Hotbit theoretically has the most coins, but because of its low trading volume, it is not yet worth exploiting. If you want access to a variety of currencies to play with, use Gate.io. We usually suggest FTX and Binance as they have everything you need to trade cryptocurrencies.

To get updates on trading-related queries, keep visiting the Naga reviews. As the Naga ratings are always on top, we make sure that we provide you with the most authenticated updates.

Disclaimer: This information is not considered as investment advice or an investment recommendation, but is instead a marketing communication.

Comments

Popular posts from this blog

Which Crypto Wallet has the Lowest Fee?

Different Ways to earn Cryptocurrency on the Internet

4 Easy Steps on How to Open a Forex Trading Account in NAGA