Best of · Algorand · Updated Nov 6, 2026

The best Centralized Exchanges on Algorand in 2026

We track 12 Centralized Exchanges that run on Algorand and have reviewed 12 of them in full. Our top pick is Gate. Each one is scored on security, ease of use, fees and features.

1
Gate
Centralized Exchanges · Ethereum, Bitcoin, BNB Chain +129
Gate is a centralized crypto exchange founded in 2013 that now spans spot, futures, stocks and earn products. Its breadth and proof-of-reserves claims are the draw; custody risk and unclear regional licensing are the main caveats.
Read the Gate review Visit Gate(opens in a new tab)
ScoreScore 7.7 out of 10
TVL $5.91B−2.6%
2
Bitget
Centralized Exchanges · Bitcoin, Solana, Ethereum +68
Bitget is a centralized crypto exchange that now markets itself as a multi-asset platform, adding tokenized stocks, commodities and forex to spot and futures trading. It offers a wide range of products, but its security and compliance claims come mainly from the exchange itself.
Read the Bitget review Visit Bitget(opens in a new tab)
ScoreScore 7.6 out of 10
TVL $5.93B+1.6%
3
SwissBorg
Centralized Exchanges · Bitcoin, Ethereum, Solana +28
SwissBorg is a European mobile app that routes crypto trades across several exchanges, with auto-invest, earn products and a BORG loyalty token. It suits beginners who want one app, but fees and BORG dependence need checking.
Read the SwissBorg review Visit SwissBorg(opens in a new tab)
ScoreScore 7.4 out of 10
TVL $812M−4.2%
4
Indodax
Centralized Exchanges · Bitcoin, Ethereum, Solana +14
Indodax is a Jakarta-based centralized crypto exchange operating since 2014 and states it is licensed and supervised by Indonesia's OJK. It suits Indonesian users who want a local rupiah-focused exchange, but fees are not published publicly reviewed.
Read the Indodax review Visit Indodax(opens in a new tab)
ScoreScore 7.0 out of 10
TVL $478M−3.3%
5
Flipster
Centralized Exchanges · Ethereum, BNB Chain, Tron +19
Flipster is a centralized crypto exchange focused on perpetual futures, with up to 100x leverage, copy trading and reward campaigns. The main caveats are custodial risk, mandatory KYC and the high risk of leveraged trading.
Read the Flipster review Visit Flipster(opens in a new tab)
ScoreScore 7.0 out of 10
TVL $16.5M−28.0%
6
Gate US
Centralized Exchanges · Ethereum, Solana, BNB Chain +66
Gate US is described as the US-incorporated arm of the Gate crypto exchange, aimed at American individuals and institutions. Public sources support its identity, but US-specific fees, licenses and product scope are not published in them.
Read the Gate US review Visit Gate US(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $53.9M−1.8%
7
HTX
Centralized Exchanges · Tron, Bitcoin, Ethereum +16
HTX, formerly Huobi Global, is a large centralized crypto exchange offering spot, margin and futures trading across 600+ listed assets. Its scale is clear, but fees, licensing and custody details need checking before you deposit.
Read the HTX review Visit HTX(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $3.93B−2.2%
8
Bitkub
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger +19
Bitkub is a Thailand-focused centralized exchange for buying and selling crypto with Thai baht. Its stated local licensing and customer support are strengths, but fees and audit details are not published on the homepage.
Read the Bitkub review Visit Bitkub(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $1.37B−3.6%
9
NonKYC
Centralized Exchanges · Arbitrum, Avalanche, Ethereum +13
NonKYC is a centralized crypto exchange that says it needs no ID verification and lists 200+ coins, including privacy coins like Monero. Its privacy pitch is clear, but audits, ownership and regulatory status are not published publicly.
Read the NonKYC review Visit NonKYC(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $1.45M−2.6%
10
Bitlo
Centralized Exchanges · Ethereum, XRP Ledger, Solana +9
Bitlo is a Turkish centralized crypto exchange offering 90+ assets, TRY and USDT trading, baskets and social trading. It suits Turkish lira users, but fees and licensing details are not in the public facts.
Read the Bitlo review Visit Bitlo(opens in a new tab)
ScoreScore 6.3 out of 10
TVL $12.7M−2.7%
11
Latoken
Centralized Exchanges · Ethereum, BNB Chain, Solana +16
LATOKEN is a centralized crypto exchange founded in 2017 that focuses on new token listings, airdrops and altcoin trading. Its fees and regulatory details are not clearly set out, so check them before depositing.
Read the Latoken review Visit Latoken(opens in a new tab)
ScoreScore 5.8 out of 10
TVL $232K−3.2%
12
Binance CEX
Centralized Exchanges · Ethereum, Bitcoin, Solana +39
Binance is a centralized crypto exchange that DefiLlama describes as the world's largest by daily trading volume. DefiLlama tracks about $133 billion in on-chain reserves across more than 40 chains, but custody and regulatory risk remain.
Read the Binance CEX review Visit Binance CEX(opens in a new tab)
ScoreNot rated yet
TVL $127B−6.0%

Centralized Exchanges on Algorand: the numbers

Tracked: 12
Reviewed: 12
Total TVL: $145B
Avg. score: 6.8/10

DappsAtlas tracks 12 centralized exchanges on Algorand. Every one of them has a full review. Combined, they lock $145B, counting value on every chain they support. Binance CEX dominates, with 87% of that total. The top five account for 99%, while the median centralized exchange holds $478M.

Ranked by TVL, Binance CEX ($127B), Bitget ($5.93B) and Gate ($5.91B) lead the field. On DappsAtlas scores, Gate ranks first at 7.7/10, ahead of Bitget (7.6) and SwissBorg (7.4). The 11 rated centralized exchanges average 6.8/10, and none scores 8 or above yet.

Beyond Algorand, these centralized exchanges most often also run on Ethereum (12), Tron (12) and Bitcoin (11). All 12 with a confirmed status are active. Over the last seven days, combined TVL fell 5.4%. Bitget gained the most (+1.6%), while Flipster dropped the most (−28.0%).

Largest by TVL

1Binance CEX$127B
2Bitget$5.93B
3Gate$5.91B
4HTX$3.93B
5Bitkub$1.37B

Highest rated

1Gate7.7
2Bitget7.6
3SwissBorg7.4
4Indodax7.0
5Flipster7.0

Method

How we ranked them

Reviewed dApps come first. Each DappsAtlas review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.

Guides

Related guides

All guides

DeFi
Best Decentralized Exchanges (DEXs) in 2026
A practical guide to established decentralized exchanges and swap aggregators, organized by how they work and what they are useful for. Compare their models, then check network support, trade costs and risks before swapping.
DeFi
What Is a DEX in Crypto? How Decentralized Exchanges Work
A decentralized exchange lets you swap crypto through blockchain software rather than depositing funds with a conventional exchange. Learn how DEX trades work, what they cost, how they differ from centralized exchanges, and what to check before connecting a wallet.
DeFi
What Is a DEX? How Decentralized Exchanges Work
A decentralized exchange (DEX) lets you swap crypto through blockchain-based software instead of depositing funds with a conventional exchange. Learn how DEX trades, prices, fees and liquidity work, and what to check before connecting a wallet.
Blockchain
Algorand Build-A-Bull Hackathon: What It Was and What to Do Next
Algorand Foundation ran a Build-A-Bull hackathon in late 2023 with a $200,000 prize pool in USDC. This guide explains what the event was, how its prize structure worked, what happened after it closed, and what builders can do with the same playbook today.
Blockchain
Algorand Explained: History, Ledger Data and How It Works
Algorand is a proof-of-stake layer-1 blockchain that records every transaction in a public, permanent ledger. This guide explains its origins, how the network reaches agreement, how its data can be read, and how collectible and museum-style projects use it.
Blockchain
Algorand Staking Explained: Rewards and Network Security
Algorand secures its network through pure proof of stake, and holders who keep ALGO online can take part in the protocol and earn participation rewards. This guide explains how that works, how the security model operates, what risks to weigh, and where to check current rules because reward terms can change.

Frequently asked questions

What is the largest centralized exchange on Algorand by TVL?

Binance CEX is the largest centralized exchange on Algorand by total value locked, with $127B across all the chains it supports. It is followed by Bitget ($5.93B) and Gate ($5.91B). TVL figures come from DefiLlama and change daily.

Which centralized exchange on Algorand has the highest DappsAtlas score?

Gate has the highest score at 7.7/10, ahead of Bitget (7.6) and SwissBorg (7.4). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many centralized exchanges on Algorand has DappsAtlas reviewed?

DappsAtlas tracks 12 centralized exchanges on Algorand. Of these, 12 have a full review and 12 report value locked, $145B in total, counting value on every chain they support.

Which centralized exchanges on Algorand grew the most this week?

Among centralized exchanges with at least $1M locked, Bitget had the biggest 7-day TVL gain (+1.6%) and Flipster the biggest drop (−28.0%). Combined TVL moved −5.4% over the same seven days.

What is the average score for centralized exchanges on Algorand?

The 11 rated centralized exchanges on Algorand average 6.8 out of 10. Of these, 0 score 8 or higher and 0 score below 5.

Ranked list