Best of · Bitcoin · Updated Nov 8, 2026

The best Centralized Exchanges on Bitcoin in 2026

We track 60 Centralized Exchanges that run on Bitcoin and have reviewed 43 of them in full. Our top pick is Bitvavo. Each one is scored on security, ease of use, fees and features.

1
Bitvavo
Centralized Exchanges · Ethereum, Bitcoin, Solana +9
Bitvavo is a euro-focused crypto exchange with 400+ assets, a mobile app and advanced trading tools. Check the full fee schedule, account checks and withdrawal terms before funding it.
Read the Bitvavo review Visit Bitvavo(opens in a new tab)
ScoreScore 7.7 out of 10
TVL $311M−13.3%
2
NBX
Centralized Exchanges · Ethereum, Bitcoin, Cardano
NBX is a Norwegian crypto exchange with NOK markets, MiCA authorization and BankID verification. Its costs and the scope of its insured custody need checking before you deposit.
Read the NBX review Visit NBX(opens in a new tab)
ScoreScore 7.0 out of 10
TVL $7.47M+476%
3
Coinsquare
Centralized Exchanges · Cardano, Ethereum, XRP Ledger +6
Coinsquare is a Canadian centralized exchange for buying and trading crypto, with staking and custodial storage. Check its current fees, withdrawal terms and staking conditions before funding an account.
Read the Coinsquare review Visit Coinsquare(opens in a new tab)
ScoreScore 7.0 out of 10
TVL $2.67M−5.7%
4
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%
5
CEX.IO
Centralized Exchanges · Ethereum, Tron, BNB Chain +10
CEX.IO is a long-running centralized exchange for buying, selling and trading crypto, with card and bank payment options. Check your region, the full fee schedule and custody terms before funding an account.
Read the CEX.IO review Visit CEX.IO(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $1.06M−22.4%
6
Backpack
Centralized Exchanges · Solana, Bitcoin, Ethereum +26
Backpack combines a centralized crypto and stock trading account with a separate self-custody wallet. Its range is broad, but check current fees, eligibility and custody details before moving funds.
Read the Backpack review Visit Backpack(opens in a new tab)
ScoreScore 6.4 out of 10
TVL $510M−4.4%
7
Robinhood
Centralized Exchanges · Bitcoin, Ethereum, Polygon +1
Robinhood lets you buy, sell and transfer crypto alongside stocks and other investments. Check the fee schedule, transfer network and crypto protections before putting money in.
Read the Robinhood review Visit Robinhood(opens in a new tab)
ScoreScore 6.2 out of 10
TVL $13.7B−2.3%
8
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%
9
Phemex
Centralized Exchanges · Ethereum, Bitcoin, Solana +13
Phemex combines spot trading, high-leverage futures, bots, copy trading and Earn products in a custodial exchange. Check fees, KYC requirements and withdrawal terms before funding an account.
Read the Phemex review Visit Phemex(opens in a new tab)
ScoreScore 6.2 out of 10
TVL $267M−0.5%
10
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%
11
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%
12
Ourbit
Centralized Exchanges · Bitcoin, Solana, BNB Chain +5
Ourbit combines crypto spot and futures trading with tokenized traditional markets, but its fee details, licensing and custody protections need closer checking before you fund an account.
Read the Ourbit review Visit Ourbit(opens in a new tab)
ScoreScore 5.7 out of 10
TVL $111M+1.9%
13
OKX
Centralized Exchanges · Ethereum, Bitcoin, X Layer +21
OKX is a large centralized exchange with spot, derivatives, P2P and Web3 products. Before depositing, check the fees, regional availability and custody protections that apply to your account.
Read the OKX review Visit OKX(opens in a new tab)
ScoreScore 5.6 out of 10
TVL $28.2B−1.1%
14
CoinEx
Centralized Exchanges · Bitcoin, Ethereum, Tron +1
CoinEx offers spot, futures, margin and earn products, but check the exact fees, withdrawal network and account requirements before moving funds.
Read the CoinEx review Visit CoinEx(opens in a new tab)
ScoreScore 5.6 out of 10
TVL $15.0M−11.5%
15
BingX
Centralized Exchanges · Bitcoin, BNB Chain, Solana +5
BingX is a centralized crypto exchange with spot, futures, copy trading and other markets. It offers a broad toolkit, but check its current fees, regional availability and proof-of-reserves details before depositing.
Read the BingX review Visit BingX(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $547M−2.9%
16
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%
17
Bitrue
Centralized Exchanges · XRP Ledger, Ethereum, Tron +18
Bitrue combines spot and derivatives trading with earning and borrowing products. Before depositing, check the fees, withdrawal terms and rules that apply where you live.
Read the Bitrue review Visit Bitrue(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $130M−9.6%
18
LBank
Centralized Exchanges · Bitcoin, Ethereum
LBank offers spot and futures trading plus Earn and other tools, but its exact fees, KYC rules and independent exchange-wide audit are unclear. Check those details before depositing.
Read the LBank review Visit LBank(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $8.06M+14.0%
19
WOO X
Centralized Exchanges · Ethereum, BNB Chain, Tron +6
WOO X is a centralized exchange for spot and futures trading, with copy trading and earn products. Its headline claims of low fees and live reserves need checking against the actual fee schedule and reserve dashboard.
Read the WOO X review Visit WOO X(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $1.71M−17.1%
20
Deribit
Centralized Exchanges · Bitcoin, Ethereum, Solana +2
Deribit is a centralized exchange for crypto options, futures, perpetuals and spot trading. Its advanced derivatives tools come with mandatory KYC, liquidation risk and important unanswered questions about fees and safeguards.
Read the Deribit review Visit Deribit(opens in a new tab)
ScoreScore 5.4 out of 10
TVL $3.58B−8.3%
21
Okcoin
Centralized Exchanges · Bitcoin, Ethereum, Tron +3
Okcoin is rebranding to OKX. Existing customers can still access balances and withdraw, but check what services are currently available before opening or funding an account.
Read the Okcoin review Visit Okcoin(opens in a new tab)
ScoreScore 5.4 out of 10
TVL $25.6M+39.7%
22
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%
23
Toobit
Centralized Exchanges · Bitcoin, Ethereum, BNB Chain
Toobit is a centralized exchange for spot, futures and copy trading, with mobile apps and several ways to fund an account. Check its current fees, eligibility and withdrawal rules before depositing; key terms and independent assurance are not clear.
Read the Toobit review Visit Toobit(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $68.9M−1.4%
24
BYDFi
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger
BYDFi is a centralized exchange for spot crypto, leveraged futures, copy trading and bots. Its reserve claim is worth checking, but key details such as fees, licences and audits are not clear.
Read the BYDFi review Visit BYDFi(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $66.4M−4.9%
25
OrangeX
Centralized Exchanges · Bitcoin, Ethereum
OrangeX offers spot and perpetual futures, copy trading and Earn products, but fee details and independently verifiable safety information are limited. Check the terms and your local access before depositing.
Read the OrangeX review Visit OrangeX(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $41.6M−1.8%

Centralized Exchanges on Bitcoin: the numbers

Tracked: 60
Reviewed: 60
Total TVL: $200B
Avg. score: 5.2/10

The SkyBitcoins index lists 60 centralized exchanges on Bitcoin. Every one of them has a full review. The 56 that report TVL hold $200B 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 $53.6M.

Ranked by TVL, Binance CEX ($125B), OKX ($28.2B) and Robinhood ($13.7B) lead the field. On SkyBitcoins scores, Bitvavo ranks first at 7.7/10, ahead of NBX (7.0) and Coinsquare (7.0). The 43 rated centralized exchanges average 5.2/10, and none scores 8 or above yet.

Many also deploy elsewhere, most often 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. Over the last seven days, combined TVL fell 5.2%. NBX gained the most (+476%), while VALR dropped the most (−29.4%).

Largest by TVL

1Binance CEX$125B
2OKX$28.2B
3Robinhood$13.7B
4Gate$5.86B
5Bitget$5.78B

Highest rated

1Bitvavo7.7
2NBX7.0
3Coinsquare7.0
4Bitget6.8
5CEX.IO6.5

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 Bitcoin by TVL?

Binance CEX is the largest centralized exchange on Bitcoin by total value locked, with $125B across all the chains it supports. It is followed by OKX ($28.2B) and Robinhood ($13.7B). TVL figures come from DefiLlama and change daily.

Which centralized exchange on Bitcoin has the highest SkyBitcoins score?

Bitvavo has the highest score at 7.7/10, ahead of NBX (7.0) and Coinsquare (7.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many centralized exchanges on Bitcoin has SkyBitcoins reviewed?

SkyBitcoins tracks 60 centralized exchanges on Bitcoin. Of these, 60 have a full review and 56 report value locked, $200B in total, counting value on every chain they support.

Which centralized exchanges on Bitcoin grew the most this week?

Among centralized exchanges with at least $1M locked, NBX had the biggest 7-day TVL gain (+476%) and VALR the biggest drop (−29.4%). Combined TVL moved −5.2% over the same seven days.

What is the average score for centralized exchanges on Bitcoin?

The 43 rated centralized exchanges on Bitcoin average 5.2 out of 10. Of these, 0 score 8 or higher and 16 score below 5.

Ranked list