Crypto Trading Platform Reviews by Location
Your Location
Where can you trade
australia
bitfinex · independent reserve · phemex · deribit · bitforex · ftx
Australia is a crypto-friendly country, but at the same time one of the countries with strictest regulations regarding cryptocurrency trading. There strict requirements especially in terms of taxation and tax reporting.
That means that if you are an Australian crypto trader, it will be easier for you to stick with crypto exchanges based locally in Australia.
All the more decent Aussie crypto trading platforms provide tools and reporting suites compliant with the local tax regulation.
On the other hand, if you are a citizen or resident in Australia, you will not have issues with signing up on any other crypto exchanges around the world. Enjoy.
Bitfinex Referral Code 5egV78YtlC for 6% fee discount. No Minimum Deposit in 2021.
Known for: PRO Trading/Lending
Top products: spot trading, margin lending, staking
Key facts:
* fee discount code 5egV78YtlC
* KYC not required for the most part
* The only stable trading platform under any load
* Professional trading and lending interface
What style of trading to do on Bitfinex?
(The legitest of legit) Independent Reserve is an Australia-based international crypto exchange and OTC with automated Dollar-Cost Averaging function and an arbitrage opportunity.
Known for: Onramp & Offramp
Top products: auto DCA, arbitrage
Key facts:
* Invite code RCZSEV
* Automated DCA built-in
* Fast bank connections worldwide (USD, AUD, NZD, SGD)
* As legit as a crypto exchange gets (insurance, financial advise available)
* No US-specific policy, KYC done case by case
What style of trading to do on Independent reserve?
(No KYC) Sign up with Phemex invitation code H7QPW and get more bonuses. Phemex is a derivative exchange with deposit bonuses and regular trading competitions
Known for: No-KYC
Top products: crypto derivatives, crypto bonuses
Key facts:
* Promo code H7QPW
* Runs bonus offers, promos and trading competitions
* US traders technically not allowed
* Is legit, but (new in the business etc)
* Invite code H7QPW
What style of trading to do on Phemex?
(Quick & easy KYC) Deribit is your 2021 BitMEX alternative for perps and other crypto derivatives trading. Fee discount with referral link.
Known for: Options/Futures
Top products: crypto derivatives
Key facts:
* 10% fee off at bit.ly/deribit
* KYC required but easy and quick to pass
* The most trusted crypto binary options platform
* Vast educational resources and insightful market reporting
What style of trading to do on Deribit?
(No KYC) Bitforex is a new Kong Kong crypto trading platform for crypto spot trading, perps and token swap with low gas fees. Bitforex does deposit bonus campaigns!
Known for: No-KYC
Top products: new alts, MT5 200x, perps, CFDs
Key facts:
* Referral code 2630874
* MT5 interface with up to 200x leverage
* Runs a hybrid DEX with all the very new ERC-20 tokens
* No policy specified for US customers
* Is legit, but (new in business, unknown owners)
What style of trading to do on Bitforex?
(No KYC until total withdrawals hit threshold) FTX has spot, perps, volatility contracts, tokenized stocks and prediction markets.
Known for: Derivatives / Volatility
Top products: perps, volatility, futures, tokenized stocks
Key facts:
* Fee discoun code atnet
* Is legit (reps are community OGs)
* No-KYC until your total withdrawals reach threshold
* Gaining a lot of trust in the community
* US customers through a separate platform
What style of trading to do on Ftx?
usa
bitfinex · independent reserve · bitforex · ftx
As far as any type of cryptocurrency trading is concerned, individuals and organizations domiciled in the United States have much less to choose from.
The killer app of crypto trading, AKA the perpetual swap, is currently best available at Bitforex for you. Bitforex is the one exchange that does not yet have specific policy for US traders and does not require KYC.
If you want to keep your record as straight as it gets, you will not be able to trade on any exchange that is not US-based and US-regulated.
Some platforms, like Binance and FTX, will want you to join their sister platforms that are dedicated for US traders only. There is FTX.us for US traders and then there is FTX.com for the rest of the world - and likewise with Binance.
Sadly, the market and product seletion on the US sister platforms is very, very limited.
Good news is you can now trade options on LedgerX, a CFTC regulated crypto derivative platform.
Bitfinex Referral Code 5egV78YtlC for 6% fee discount. No Minimum Deposit in 2021.
Known for: PRO Trading/Lending
Top products: spot trading, margin lending, staking
Key facts:
* fee discount code 5egV78YtlC
* KYC not required for the most part
* The only stable trading platform under any load
* Professional trading and lending interface
What style of trading to do on Bitfinex?
(The legitest of legit) Independent Reserve is an Australia-based international crypto exchange and OTC with automated Dollar-Cost Averaging function and an arbitrage opportunity.
Known for: Onramp & Offramp
Top products: auto DCA, arbitrage
Key facts:
* Invite code RCZSEV
* Automated DCA built-in
* Fast bank connections worldwide (USD, AUD, NZD, SGD)
* As legit as a crypto exchange gets (insurance, financial advise available)
* No US-specific policy, KYC done case by case
What style of trading to do on Independent reserve?
(No KYC) Bitforex is a new Kong Kong crypto trading platform for crypto spot trading, perps and token swap with low gas fees. Bitforex does deposit bonus campaigns!
Known for: No-KYC
Top products: new alts, MT5 200x, perps, CFDs
Key facts:
* Referral code 2630874
* MT5 interface with up to 200x leverage
* Runs a hybrid DEX with all the very new ERC-20 tokens
* No policy specified for US customers
* Is legit, but (new in business, unknown owners)
What style of trading to do on Bitforex?
(No KYC until total withdrawals hit threshold) FTX has spot, perps, volatility contracts, tokenized stocks and prediction markets.
Known for: Derivatives / Volatility
Top products: perps, volatility, futures, tokenized stocks
Key facts:
* Fee discoun code atnet
* Is legit (reps are community OGs)
* No-KYC until your total withdrawals reach threshold
* Gaining a lot of trust in the community
* US customers through a separate platform
What style of trading to do on Ftx?
europe
cryptofacilities · bitfinex · independent reserve · phemex · deribit · bitforex · ftx · kraken
Having a passport or a company from the European Union has long been the easiest road to access crypto derivatives and options.
Recent actions on behalf of Binance, that started barring derivative trading in Europe, suggest that those days might be over now.
Still as of late 2021, as a European person or entity you are able to sign up and get verified on virtually any crypto trading platform worldwide.
That includes the more demanding trading platforms such as Kraken Spot, Kraken Futures or Coinbase.
Derivative trading is still well accessible through perpetual swaps and classic futures for instance on FTX, and binary options at Deribit and FTX.
As a European, to off-ramp and take your profits, you can use any exchange that supports EUR withdrawals. Alternatively, you can withdraw in USD from international platforms like the Independent Reserve if your bank lets you open a USD account - which many highstreet banks in Europe do without any fees or questions.
Formerly called CryptoFacilities, Kraken Futures are solid derivative platform. Get 10% fee off with referral code.
Known for: Derivatives
Top products: Kraken perps and futures
Key facts:
* Is less shit for trading than Kraken spot (is a separate platform)
* Long maturities only = focused on hedging more than on speculation
* BTC, ETH, XRP, LTC and BCH markets (mth, qtly, 6mo, perp)
What style of trading to do on Cryptofacilities?
Bitfinex Referral Code 5egV78YtlC for 6% fee discount. No Minimum Deposit in 2021.
Known for: PRO Trading/Lending
Top products: spot trading, margin lending, staking
Key facts:
* fee discount code 5egV78YtlC
* KYC not required for the most part
* The only stable trading platform under any load
* Professional trading and lending interface
What style of trading to do on Bitfinex?
(The legitest of legit) Independent Reserve is an Australia-based international crypto exchange and OTC with automated Dollar-Cost Averaging function and an arbitrage opportunity.
Known for: Onramp & Offramp
Top products: auto DCA, arbitrage
Key facts:
* Invite code RCZSEV
* Automated DCA built-in
* Fast bank connections worldwide (USD, AUD, NZD, SGD)
* As legit as a crypto exchange gets (insurance, financial advise available)
* No US-specific policy, KYC done case by case
What style of trading to do on Independent reserve?
(No KYC) Sign up with Phemex invitation code H7QPW and get more bonuses. Phemex is a derivative exchange with deposit bonuses and regular trading competitions
Known for: No-KYC
Top products: crypto derivatives, crypto bonuses
Key facts:
* Promo code H7QPW
* Runs bonus offers, promos and trading competitions
* US traders technically not allowed
* Is legit, but (new in the business etc)
* Invite code H7QPW
What style of trading to do on Phemex?
(Quick & easy KYC) Deribit is your 2021 BitMEX alternative for perps and other crypto derivatives trading. Fee discount with referral link.
Known for: Options/Futures
Top products: crypto derivatives
Key facts:
* 10% fee off at bit.ly/deribit
* KYC required but easy and quick to pass
* The most trusted crypto binary options platform
* Vast educational resources and insightful market reporting
What style of trading to do on Deribit?
(No KYC) Bitforex is a new Kong Kong crypto trading platform for crypto spot trading, perps and token swap with low gas fees. Bitforex does deposit bonus campaigns!
Known for: No-KYC
Top products: new alts, MT5 200x, perps, CFDs
Key facts:
* Referral code 2630874
* MT5 interface with up to 200x leverage
* Runs a hybrid DEX with all the very new ERC-20 tokens
* No policy specified for US customers
* Is legit, but (new in business, unknown owners)
What style of trading to do on Bitforex?
(No KYC until total withdrawals hit threshold) FTX has spot, perps, volatility contracts, tokenized stocks and prediction markets.
Known for: Derivatives / Volatility
Top products: perps, volatility, futures, tokenized stocks
Key facts:
* Fee discoun code atnet
* Is legit (reps are community OGs)
* No-KYC until your total withdrawals reach threshold
* Gaining a lot of trust in the community
* US customers through a separate platform
What style of trading to do on Ftx?
The OG Kraken spot exchange review.
Known for: Spot
Top products: Kraken + Cryptowatch
Key facts:
* Fails under high traffic but using Cryptowatch interface often saves that
* Easy to KYC from almost all over the world
* Many fiat currencies with readily available liquid markets
What style of trading to do on Kraken?
asia
bitfinex · independent reserve · phemex · deribit · bitforex · ftx
Depending on your exact wherabouts in Asia, you may find it difficult to open and KYC-verify a crypto trading account outside of your region.
If you have such problem, you can always stick to DeFi and no-KYC crypto trading outfits, resorting to a local exchange only for onramp and off-ramp.
We are of course not speaking of regions where cryptocurrency is illegal.
Having a bank account denominated in Singapore dollars will open your door to the high liquidity non-Asian exchanges (FTX, Bitfinex) or to arbitrage (Independent Reserve).
Otherwise, there is always Binance.
Bitfinex Referral Code 5egV78YtlC for 6% fee discount. No Minimum Deposit in 2021.
Known for: PRO Trading/Lending
Top products: spot trading, margin lending, staking
Key facts:
* fee discount code 5egV78YtlC
* KYC not required for the most part
* The only stable trading platform under any load
* Professional trading and lending interface
What style of trading to do on Bitfinex?
(The legitest of legit) Independent Reserve is an Australia-based international crypto exchange and OTC with automated Dollar-Cost Averaging function and an arbitrage opportunity.
Known for: Onramp & Offramp
Top products: auto DCA, arbitrage
Key facts:
* Invite code RCZSEV
* Automated DCA built-in
* Fast bank connections worldwide (USD, AUD, NZD, SGD)
* As legit as a crypto exchange gets (insurance, financial advise available)
* No US-specific policy, KYC done case by case
What style of trading to do on Independent reserve?
(No KYC) Sign up with Phemex invitation code H7QPW and get more bonuses. Phemex is a derivative exchange with deposit bonuses and regular trading competitions
Known for: No-KYC
Top products: crypto derivatives, crypto bonuses
Key facts:
* Promo code H7QPW
* Runs bonus offers, promos and trading competitions
* US traders technically not allowed
* Is legit, but (new in the business etc)
* Invite code H7QPW
What style of trading to do on Phemex?
(Quick & easy KYC) Deribit is your 2021 BitMEX alternative for perps and other crypto derivatives trading. Fee discount with referral link.
Known for: Options/Futures
Top products: crypto derivatives
Key facts:
* 10% fee off at bit.ly/deribit
* KYC required but easy and quick to pass
* The most trusted crypto binary options platform
* Vast educational resources and insightful market reporting
What style of trading to do on Deribit?
(No KYC) Bitforex is a new Kong Kong crypto trading platform for crypto spot trading, perps and token swap with low gas fees. Bitforex does deposit bonus campaigns!
Known for: No-KYC
Top products: new alts, MT5 200x, perps, CFDs
Key facts:
* Referral code 2630874
* MT5 interface with up to 200x leverage
* Runs a hybrid DEX with all the very new ERC-20 tokens
* No policy specified for US customers
* Is legit, but (new in business, unknown owners)
What style of trading to do on Bitforex?
(No KYC until total withdrawals hit threshold) FTX has spot, perps, volatility contracts, tokenized stocks and prediction markets.
Known for: Derivatives / Volatility
Top products: perps, volatility, futures, tokenized stocks
Key facts:
* Fee discoun code atnet
* Is legit (reps are community OGs)
* No-KYC until your total withdrawals reach threshold
* Gaining a lot of trust in the community
* US customers through a separate platform
What style of trading to do on Ftx?