Best of · Bitcoin · Updated
The best Centralized Exchanges on Bitcoin in 2026
We track 60 Centralized Exchanges that run on Bitcoin and have reviewed 54 of them in full. Our top pick is OKX. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
OKX
Centralized Exchanges · Ethereum, Bitcoin, X Layer +21
OKX is a large centralized crypto exchange offering spot, derivatives, earn products, a Web3 wallet and a card. DefiLlama tracks about $29.3 billion in TVL, but users still rely on the exchange as a custodian.
ScoreScore 8.0 out of 10TVL $28.4B−0.7% - 2
Bitvavo
Centralized Exchanges · Ethereum, Bitcoin, Solana +9
Bitvavo is an Amsterdam-based centralized crypto exchange regulated under MiCA by the Dutch AFM, with 400+ assets and low stated trading fees. Its main caveat is that staking and lending sit outside MiCA protections.
ScoreScore 7.9 out of 10TVL $358M+16.7% - 3
Robinhood
Centralized Exchanges · Bitcoin, Ethereum, Polygon +1
Robinhood is a US-based brokerage that also offers crypto trading through Robinhood Crypto, alongside stocks, options, futures and more. It is a regulated, custodial platform best suited to people who want one app for several asset types.
ScoreScore 7.8 out of 10TVL $13.7B−3.0% - 4
Deribit
Centralized Exchanges · Bitcoin, Ethereum, Solana +2
Deribit is a centralized crypto derivatives exchange focused on Bitcoin and Ethereum options, with futures, perpetuals and spot. It offers deep tooling and institutional features, but requires full KYC and carries leverage and custody risk.
ScoreScore 7.8 out of 10TVL $3.61B−4.4% - 5
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.
ScoreScore 7.7 out of 10TVL $5.84B−4.6% - 6
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.
ScoreScore 7.6 out of 10TVL $5.82B−1.3% - 7
Backpack
Centralized Exchanges · Solana, Bitcoin, Ethereum +26
Backpack combines a centralized crypto exchange, US stock trading and a separate self-custody wallet in one app. Its main draw is cross-collateral margin that earns yield, and its main caveat is custodial and leverage risk.
ScoreScore 7.6 out of 10TVL $505M−6.0% - 8
Coinsquare
Centralized Exchanges · Cardano, Ethereum, XRP Ledger +6
Coinsquare is a Canadian centralized crypto exchange, founded in 2014 and registered with CIRO as an investment dealer and marketplace member. Its main strength is regulatory standing and third-party custody; fees are not stated in the material reviewed.
ScoreScore 7.6 out of 10TVL $2.72M−4.7% - 9
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.
ScoreScore 7.4 out of 10TVL $810M−5.3% - 10
Phemex
Centralized Exchanges · Ethereum, Bitcoin, Solana +13
Phemex is a centralized crypto exchange founded in 2019 that offers spot and futures trading, copy trading, bots and earn products. Its main selling points are a wide product range and published Proof of Reserves, while leverage up to 150X is a major risk.
ScoreScore 7.4 out of 10TVL $266M−1.1% - 11
NBX
Centralized Exchanges · Ethereum, Bitcoin, Cardano
NBX is a Norwegian centralized crypto exchange, listed on Euronext Growth Oslo and MiCA-authorized by Finanstilsynet. It suits Nordic users who want to trade in kroner under local regulation, but its fees are not stated in the sources reviewed.
ScoreScore 7.4 out of 10TVL $7.99M+525% - 12
CEX.IO
Centralized Exchanges · Ethereum, Tron, BNB Chain +10
CEX.IO is a centralized crypto exchange founded in 2013 and registered in the UK, offering spot and margin trading, card purchases, staking and a crypto card. It suits users who want a regulated-style on-ramp, but fees are not published in the material reviewed.
ScoreScore 7.4 out of 10TVL $917K−31.3% - 13
BingX
Centralized Exchanges · Bitcoin, BNB Chain, Solana +5
BingX is a centralized crypto exchange that combines spot, perpetual futures, copy trading and tokenized access to stocks, forex and commodities. It suits active traders, but leverage and custody risks are significant.
ScoreScore 7.2 out of 10TVL $547M−2.4% - 14
VALR
Centralized Exchanges · Ethereum, Bitcoin, XRP Ledger +4
VALR is a regulated centralized crypto exchange serving clients in Africa and abroad, with spot, margin, perpetuals, staking and lending. The main takeaway is a broad product range for a regional exchange, with the usual custodial risks.
ScoreScore 7.2 out of 10TVL $75.0M−40.1% - 15
Strike Crypto Metaverse
Centralized Exchanges · Bitcoin
Strike is a centralized Bitcoin app for buying, holding, sending and borrowing against BTC, alongside cash and payment services. Its broad feature set is useful, but custody, loan terms and full fees deserve careful review.
ScoreScore 7.2 out of 10TVL — - 16
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.
ScoreScore 7.0 out of 10TVL $474M−4.5% - 17
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.
ScoreScore 7.0 out of 10TVL $16.9M−26.7% - 18
LBank
Centralized Exchanges · Bitcoin, Ethereum
LBank is a centralized crypto exchange founded in 2015 that offers spot, futures, staking, copy trading and TradFi products. It has a broad product range, but custody is centralized and most trust claims are self-reported.
ScoreScore 7.0 out of 10TVL $8.71M+34.2% - 19
Toobit
Centralized Exchanges · Bitcoin, Ethereum, BNB Chain
Toobit is a centralized crypto exchange offering spot, perpetual futures, copy trading and bots, with high leverage and a heavy rewards focus. Its proof-of-reserves page is a plus, but regulatory details are not given publicly.
ScoreScore 6.9 out of 10TVL $68.8M−2.2% - 20
WOO X
Centralized Exchanges · Ethereum, BNB Chain, Tron +6
WOO X is a centralized crypto exchange with spot, futures, social copy trading and a fixed-term Earn product, tied to the WOO token. It markets deep liquidity and live proof of reserves, but licensing and fee details are not published publicly.
ScoreScore 6.9 out of 10TVL $1.86M−15.9% - 21
Poloniex
Centralized Exchanges · Ethereum, Tron, XRP Ledger +8
Poloniex is a long-running centralized crypto exchange offering spot trading, derivatives and custodial wallets. It is a conventional exchange, so custody and counterparty risk apply.
ScoreScore 6.8 out of 10TVL $912M−2.1% - 22
Bitunix
Centralized Exchanges · Ethereum, Bitcoin, Tron +11
Bitunix is a centralized crypto derivatives exchange, listed on DefiLlama since August 2024, with futures, spot and finance products. It is aimed at active futures traders; fees, license details and audits are not spelled out.
ScoreScore 6.8 out of 10TVL $275M+0.5% - 23
Bitrue
Centralized Exchanges · XRP Ledger, Ethereum, Tron +18
Bitrue is a centralized crypto exchange with spot, futures, leveraged ETFs, staking and loans, and a strong XRP focus. Public sources give no licence, audit or fee details, so check those before depositing.
ScoreScore 6.8 out of 10TVL $133M−8.0% - 24
Ourbit
Centralized Exchanges · Bitcoin, Solana, BNB Chain +5
Ourbit is a centralized exchange that offers crypto spot and futures plus tokenized stocks, ETFs, commodities and forex in one app. It advertises zero spot fees, but licensing and KYC details are not.
ScoreScore 6.8 out of 10TVL $104M−5.8% - 25
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.
ScoreScore 6.8 out of 10TVL $54.0M+4.6%
Centralized Exchanges on Bitcoin: the numbers
- Tracked
- 60
- Reviewed
- 60
- Total TVL
- $202B
- Avg. score
- 6.6/10
The DappsAtlas index lists 60 centralized exchanges on Bitcoin. Every one of them has a full review. The 56 that report TVL hold $202B between them, counting value on every chain they support. Binance CEX dominates, with 63% of that total. The top five account for 90%, while the median centralized exchange holds $52.9M.
Ranked by TVL, Binance CEX ($127B), OKX ($28.4B) and Robinhood ($13.7B) lead the field. On DappsAtlas scores, OKX ranks first at 8.0/10, ahead of Bitvavo (7.9) and Robinhood (7.8). The 48 rated centralized exchanges average 6.6/10; 1 reach 8 or above.
Beyond Bitcoin, these centralized exchanges most often also run on Ethereum (58), Tron (43) and Solana (40). Of the 56 with a confirmed status, 53 are active and 3 are inactive or wound down. In the past week, total value locked fell 4.8%. NBX gained the most (+525%), while VALR dropped the most (−40.1%).
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.
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Frequently asked questions
What is the largest centralized exchange on Bitcoin by TVL?
Binance CEX is the largest centralized exchange on Bitcoin by total value locked, with $127B across all the chains it supports. It is followed by OKX ($28.4B) and Robinhood ($13.7B). TVL figures come from DefiLlama and change daily.
Which centralized exchange on Bitcoin has the highest DappsAtlas score?
How many centralized exchanges on Bitcoin has DappsAtlas reviewed?
DappsAtlas tracks 60 centralized exchanges on Bitcoin. Of these, 60 have a full review and 56 report value locked, $202B in total, counting value on every chain they support.
Which centralized exchanges on Bitcoin grew the most this week?
What is the average score for centralized exchanges on Bitcoin?
The 48 rated centralized exchanges on Bitcoin average 6.6 out of 10. Of these, 1 score 8 or higher and 2 score below 5.