Best of · Algorand · Updated Nov 8, 2026

The best Centralized Exchanges on Algorand in 2026

We track 12 Centralized Exchanges that run on Algorand and have reviewed 9 of them in full. Our top pick is Bitget. Each one is scored on security, ease of use, fees and features.

1
Bitget
Centralized Exchanges · Bitcoin, Solana, Ethereum +68
Bitget is a centralized exchange for crypto trading, with additional markets including stock and commodity products. Its range is broad, but check fees, local availability and the terms of any non-crypto product before depositing.
Read the Bitget review Visit Bitget(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $5.78B−0.1%
2
SwissBorg
Centralized Exchanges · Bitcoin, Ethereum, Solana +28
SwissBorg is a mobile crypto investing app that routes trades across exchanges and offers automated investing, Earn products and a crypto card. Check its exact fees, custody arrangements and eligibility rules before transferring funds.
Read the SwissBorg review Visit SwissBorg(opens in a new tab)
ScoreScore 6.2 out of 10
TVL $807M−5.0%
3
Gate
Centralized Exchanges · Ethereum, Bitcoin, BNB Chain +129
Gate is a large, feature-rich centralized exchange for crypto trading, investing and other markets. Before funding an account, check which Gate entity serves your location, what verification it requires and the fees for the products you plan to use.
Read the Gate review Visit Gate(opens in a new tab)
ScoreScore 5.9 out of 10
TVL $5.86B−2.5%
4
Flipster
Centralized Exchanges · Ethereum, BNB Chain, Tron +19
Flipster combines crypto perpetuals with spot, copy trading and earn products. Its leverage and centralized custody make fees, KYC and withdrawal terms important to check before depositing.
Read the Flipster review Visit Flipster(opens in a new tab)
ScoreScore 5.8 out of 10
TVL $16.6M−28.9%
5
Indodax
Centralized Exchanges · Bitcoin, Ethereum, Solana +14
Indodax is an Indonesia-focused centralized crypto exchange, with more than 500 listed assets and a claim of OJK licensing. Check its fees, verification rules and withdrawal options before depositing.
Read the Indodax review Visit Indodax(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $477M−2.3%
6
HTX
Centralized Exchanges · Tron, Bitcoin, Ethereum +16
HTX is a centralized exchange for buying and trading crypto, including spot and derivatives markets. Check current fees, regional access and withdrawal rules before depositing; its custody and audit picture is not clear from the published details reviewed here.
Read the HTX review Visit HTX(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $3.95B+1.9%
7
Latoken
Centralized Exchanges · Ethereum, BNB Chain, Solana +16
LATOKEN is a centralized exchange for trading crypto and finding new token listings. Its public-facing information leaves important questions about fees, custody and regulatory status for you to check before depositing.
Read the Latoken review Visit Latoken(opens in a new tab)
ScoreScore 4.8 out of 10
TVL $231K−2.6%
8
Bitlo
Centralized Exchanges · Ethereum, XRP Ledger, Solana +9
Bitlo is a Turkey-focused centralized crypto exchange for buying and selling 90+ assets with TRY and USDT. Before signing up, check its fees, withdrawal terms and identity requirements: Bitlo does not publish those details clearly.
Read the Bitlo review Visit Bitlo(opens in a new tab)
ScoreScore 4.3 out of 10
TVL $12.6M−3.7%
9
NonKYC
Centralized Exchanges · Arbitrum, Avalanche, Ethereum +13
NonKYC is a centralized exchange that markets trading without ID checks. Its privacy focus may appeal to you, but fees, licensing and custody protections need closer checking before you deposit.
Read the NonKYC review Visit NonKYC(opens in a new tab)
ScoreScore 4.2 out of 10
TVL $1.52M−3.2%
10
Binance CEX
Centralized Exchanges · Ethereum, Bitcoin, Solana +39
Binance is an active centralized crypto exchange, but this review can’t verify its current fees, regional licensing or custody safeguards. Check those before depositing.
Read the Binance CEX review Visit Binance CEX(opens in a new tab)
ScoreNot rated yet
TVL $125B−7.0%
11
Bitkub
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger +19
Bitkub is a Thailand-based centralized crypto exchange described as licensed in the country. Its core service is clear, but check fees, custody terms and account requirements before funding an account.
Read the Bitkub review Visit Bitkub(opens in a new tab)
ScoreNot rated yet
TVL $1.36B−4.3%
12
Gate US
Centralized Exchanges · Ethereum, Solana, BNB Chain +66
Gate US is a U.S.-focused crypto exchange, but the available details do not establish which global Gate features or protections apply to U.S. customers. Check fees, availability, and withdrawal rules before signing up or depositing.
Read the Gate US review Visit Gate US(opens in a new tab)
ScoreNot rated yet
TVL $53.6M−2.4%

Centralized Exchanges on Algorand: the numbers

Tracked: 12
Reviewed: 12
Total TVL: $144B
Avg. score: 5.4/10

SkyBitcoins tracks 12 centralized exchanges on Algorand. Every one of them has a full review. Combined, they lock $144B, 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 $477M.

Ranked by TVL, Binance CEX ($125B), Gate ($5.86B) and Bitget ($5.78B) lead the field. On SkyBitcoins scores, Bitget ranks first at 6.8/10, ahead of SwissBorg (6.2) and Gate (5.9). The 9 rated centralized exchanges average 5.4/10, 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 6.3%. HTX gained the most (+1.9%), while Flipster dropped the most (−28.9%).

Largest by TVL

1Binance CEX$125B
2Gate$5.86B
3Bitget$5.78B
4HTX$3.95B
5Bitkub$1.36B

Highest rated

1Bitget6.8
2SwissBorg6.2
3Gate5.9
4Flipster5.8
5Indodax5.5

Method

How we ranked them

Reviewed dApps come first. Each SkyBitcoins 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 Algorand by TVL?

Binance CEX is the largest centralized exchange on Algorand by total value locked, with $125B across all the chains it supports. It is followed by Gate ($5.86B) and Bitget ($5.78B). TVL figures come from DefiLlama and change daily.

Which centralized exchange on Algorand has the highest SkyBitcoins score?

Bitget has the highest score at 6.8/10, ahead of SwissBorg (6.2) and Gate (5.9). 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 SkyBitcoins reviewed?

SkyBitcoins tracks 12 centralized exchanges on Algorand. Of these, 12 have a full review and 12 report value locked, $144B 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, HTX had the biggest 7-day TVL gain (+1.9%) and Flipster the biggest drop (−28.9%). Combined TVL moved −6.3% over the same seven days.

What is the average score for centralized exchanges on Algorand?

The 9 rated centralized exchanges on Algorand average 5.4 out of 10. Of these, 0 score 8 or higher and 3 score below 5.

Ranked list