10 Best Regulated Crypto Exchange Alternatives

In my article, I will discuss the advantages of the most regulated crypto exchanges and the most reliable and safe platforms to trade digital assets.

Most platforms, including Coinbase, Kraken, Gemini, and Bitstamp, have robust security infrastructure, support multiple crypto and fiat currencies, and comply with the law.

It does not matter whether you are an advanced or beginning trader. These platforms guarantee efficient crypto trading with trust and transparency.

What is a Crypto Exchange?

Crypto exchanges provide services like buying, selling, or trading cryptocurrency which include Bitcoin and Ethereum, to individuals and institutions. Many transactions offer a secure way to trade, while exchanges act as intermediaries to transfer cryptocurrency and, in some cases, serve as primary markets for currencies like USD or EUR.

Exchanges, depending on how they are structured, can be decentralized, in which users trade through the blockchain, or centralized, where a business retains and controls the users trading. Users are provided.

Vendored advanced trading utilities to harness the exchange in flexible, customized ways, real time stationary chart pricing, and function. Cryptos are provided through essential market interfaces in the utility.

Why Use Regulated Crypto Exchange Alternatives

Security – Unregulated exchanges lack security measures to protect your assets, personally identifiable information, and data.

Legally Operating – Unregulated exchanges can and will shut down instantaneously without prior notice. This ceases all access leading to potential legal ramifications from your funds.

Trust – Unregulated exchanges have no operational regulations, so they have no legal obligation to maintain operational transparency, and can cease major operational processes like audits and reportings.

More Banking Access – Unregulated exchanges have to keep KYC/AML (Know Your Customer/Anti Money Laundering) policies in place, making it much more difficult to maintain banking relationships and create a seamless financial flow.

Communication – Unregulated exchanges have no legal obligation to maintain operational transparency, and can cease major operational processes like audits and reportings.

Confidence – Unregulated exchanges have a much greater risk of being scams and fraud. As a result, you and your team can trade with much more confidence while on a regulated exchange.

Key Point & Best Regulated Crypto Exchange Alternatives List

Exchange	Key Points
Coinbase	Highly secure, beginner-friendly, regulated in the US, supports fiat deposits and withdrawals.
Kraken	Strong security features, advanced trading tools, compliant with US and EU regulations.
Gemini	US-regulated, insured custody, strong compliance, easy fiat-to-crypto access.
Bitstamp	One of the oldest exchanges, EU-regulated, reliable fiat support, transparent operations.
OKX	Global reach, multiple crypto options, strong security, regulatory compliance in selected regions.
Crypto.com	User-friendly app, regulated in multiple countries, offers staking and crypto rewards.
WhiteBIT	EU-regulated, secure trading, wide range of crypto assets, strong KYC procedures.
Uphold	Regulated in the US and UK, multi-asset platform, supports fiat and crypto trading.
Coincheck	Japan-regulated, secure storage, user-friendly interface, strong local compliance.
Bitpanda	EU-regulated, supports crypto and fiat trading, easy for beginners, offers savings and card services.

1. Coinbase

Regulated in the US, Coinbase was created in 2012 and is known for user friendliness and strict security protocol surrounding the access and movement of funds. It handles crypto assets including Bitcoin, Ethereum, and many alternative coins, making it versatile for new and expert investors in the market.

Coinbase supports USD, EUR, GBP, and a few other country-specific currencies, making it easy to exchange fiat for crypto. Coinbase maintains high security, including two-factor authentication (2FA) and cold storage of funds.

For users wanting a regulated platform to trade crypto, Coinbase offers market access with fast liquidity, responsive customer support along with open and honest trading and withdrawal costs.

Coinbase Features

• Regulatory & Security: Complete regulation within the US, custodial wallets are insured, and KYC/AML compliance.
• User Interface: Easy layout for beginners with simple deposit/withdrawal functions.
• Range: Hundreds of crypto assets, staking, and super approachable learning tools.

2. Kraken

Kraken is a secure exchange based in the US that adheres to some of the most stringent security regulations of almost all other exchanges. Along with most altcoins, Kraken supports deposits and withdrawals in an array of fiat currencies, including USD, GBP, and EUR. Kraken has some of the most robust security measures in the industry.

Kraken employs two-factor authentication, stringent cold wallet security, and regular audits. It is one of the most reliable exchanges with outstanding customer support and clear communication regarding trading and withdrawal fees, which makes Kraken a balanced and very good option for new and experienced traders to use.

Kraken Features

• Security: Cold storage of 95% of assets, 2FA, achievements for global regulatory compliance.
• Trading Advanced Tools: Fulfils requirements of pro traders with futures, and margin trading and in-depth charts.
• Fiat Support: USD, EUR, and GBP for withdrawing and depositing.

3. Gemini

Established in 2014, Gemini is an American crypto exchange that is credible, compliant, and dependable. With a certain degree of support for crypto and fiat payments, Gemini integrates with a wide array of crypto assets, such as Bitcoin and Ethereum, as well as other fiat currencies.

Gemini, undoubtedly, has an industry-leading safety track record with their 2FA, insured cold crypto custody, and other unannounced safety reviews. He is recognized for his reliability and even offers his clients an operational safety level in a dependable crypto exchange environment. Thus making him a safe Gemini and fully regulated option.

Gemini Features

• Regulation and Licenses: US regulation, compliance and security.
• Insurance: Cyber breaches of the digital assets are insured.
• Ease of Use: Mobile apps, and trading platforms for both simple and advanced use.

4. Bitstamp

Starting its operations in 2011, Bitstamp, respected for it’s reliability, became the first EU-regulated crypto exchange. Established exchange in the industry, it boasts a healthy selection of crypto offerings, including Bitcoin, Ethereum, and several other high market cap altcoins.

The exchange accepts a variety of fiat currencies, including the Euro, USD, and GBP, for frictionless deposits and withdrawals. In order to compete in the crypto exchange industry, Bitstamp heavily invests in providing top-of-the-line security for users through 2FA, cold storage, and regularly conducted audits.

The self explanatory fee structure, excellent customer support, and overall positive reputation ensures Bitstamp remains a top option for crypto traders in the EU.

Bitstamp Features

• Reputation: Fully licensed in Europe and Luxembourg, oldest crypto exchange.
• Transparent: Security with a transparent fee structure.
• Fiat Support: Easy for newcomers with USD, EUR, GBP deposits and withdrawals.

5. OKX

OKX is an exemplary cryptocurrency exchange that is operational since 2017. Being one of the well-respected exchange services on the market today, OKX is an exemplary cryptocurrency exchange that boasts multiple country registrations.

OKX deals with several digital currencies including bitcoin along with alt-coins as well as Ethereum and allows customers to deposit and withdraw fiat currencies such as the US dollar, Euro, and British pound.

Users are protected by the company’s policies by implementing 2FA, cold storage, and active systems audits. Customers of the service exchange are offered reliable and fair services, endorse fair exchange terms and transparent exchange and withdrawal pricing.

OKX Features

• Range of Crypto Assets Supports numerous other crypto tokens and DeFi assets.
• Advanced Trading Features Available margin trading, as well as futures, options and staking.
• Global Compliance Legally operating in numerous countries, and implement strong KYC and AML.

6. Crypto.com

Founded in 2016, and operating in multiple countries, Crypto.com is regulated and compliant with stringent industry standards in lieu of cryptocurrency exchanges. Accepts multiple fiat currencies (USD, EUR, GBP) and supports deposits and withdrawals in Bitcoin, Ethereum, and many other altcoins.

Crypto.com offers two-factor authentication, cold storage, and regular audits for fund security. Features such as efficient support, easy trading, and clear fees and withdrawals also help Crypto.com earn their reputation as a safe and regulated currency exchange. These features also help beginners and seasoned professionals alike appreciate the platform.

Crypto.com Features

• All-in-One Platform Exchange, wallet, DeFi, and card services integrated on one platform.
• Secured & Regulated Legally operating in numerous countries & insured fiat currencies and digital currencies.
• Rewards & Incentives Cashback on cards, staking and trading fee rewards.

7. WhiteBIT

Established in 2018, WhiteBIT is a reputable cryptocurrency exchange within the European Union with a focus on providing customers a transparent ecosystem for trading cryptocurrency.

The exchange receives cryptocurrency such as Bitcoin, Ethereum, and various altcoins, as well as, deposits and withdrawals in the fiat currencies of USD and Euro. WhiteBIT is a security-oriented exchange and protects customer assets by employing two-factor authentication (2FA) as well as cold storage and regular audits of the platform.

The company has fast-response customer support and provides detailed descriptions of trading and withdrawal fees which makes the company well suited for novice traders and experienced professionals looking for a secure and efficient platform which is within a friendly regulatory environment.

WhiteBIT Features

• Complies with European Law Holds European AML and KYC requirements.
• Superior Liquidity Low trading fees, and top pairs have high trading liquidity.
• Traded Assets Margin trading and futures, as well as other tools and simple interfaces.

8. Uphold

Established in the year 2014 and supporting a wide variety of crypto assets and government issued currencies for streamlined payment and withdrawals, Uphold is a regulated crypto exchange in the USA and UK.

Since its inception, Uphold has placed a great deal of importance on making security a top priority and distinguishing themselves from competitors, including two-factor identification, wallet encryption, and frequent security audit updates, and segregation of funds security from a broad range of competitors.

As a regulated, secure, and easy to use exchange, Uphold has become a great option for beginners in the space, and for professional traders. Detailed information on fees associated with transparent trading, and conversions, along with withdrawals, and cashouts to Visa cards is also a strong point, demonstrating a user-oriented approach to crypto trading.

Uphold Features

• Multi-Asset One platform to trade crypto, fiat and precious metals.
• Transparent Regulation Licensed in the US and EU with a simple fee structure.
• Immediate Transactions Integrated banking and card services enable fast deposits and withdrawals.

9. Coincheck

Coincheck has been operating as a crypto exchange since 2012. It is one of the cryptocurrency exchanges that has a regulatory license from the Financial Services Agency (FSA), Japan. It provides services in Bitcoin, Ethereum, and other altcoins as well. It accepts deposits and withdrawals in Japanese Yen (JPY).

Coincheck is strong on security with features like two-factor authentication (2FA), cold wallet storage and auditing. It has a strong customer support and is also open about their trading and withdrawal fees. It is a good platform for all kinds of users whether you are a beginner or an expert to do crypto trading.

Coincheck Features

• Based in Japan Licensed in Japan and maintain strong protections around investors.
• User Friendly Mobile app for trading and wallet management is available.
• Security & Compliance: Provides strong KYC, cold storage, and two factor authentication (2fa).

10. Bitpanda

Bitpanda is an crypto exchange based in Austria that is regulated by the EU and started its operations in 2014 offering a safe and easy platform for trading various cryptocurrencies and altcoins like Bitcoin and Ethereum. Users can deposit, withdraw, and trade in various fiat currencies like the USD, Euro, and GBP.

Due to 2FA, cold storage, and regular security audits, user funds at the platform are safe. The the fees for trading, withdrawing, and depositing are clear and the platform is safe and reliable, providing helpful and efficicent customer service. Because of this, the platform is a good fit for beginner and expert traders alike.

 Bitpanda Features

• Europe Licensed Exchange: Has licenses from Austrian Fin. Authorities and compliant with EU regulations.
• Wide Range Of Assets: Trade crypto, metals, stocks, and ETFs in one place.
• Interface Simplicity: Simplistic user design ideal for newbies with payment integration and mobile application.

Pros & Cons

Pros:

• Enhanced Security – These exchanges have the highest possible standards of security such as 2FA, cold storage, and consistent security audits.
• Legal Compliance – They operate on the border of possible legal action due to the legal frameworks in the financial sector.
• Transparency – Trust is built due to straightforward operations, and quality audits and reporting.
• Banking Integration – They have a location to easily operate banking functions such as fiat deposits, withdrawals, and payments.
• Customer Support – They have to provide legal customer support and legal dispute resolution.
• Market Confidence – The less likely to be fraudulent, the more confident the traders are.

Cons:

• Higher Fees – It is more expensive to trade, as the regulatory compliance, and the associated costs pass on to the customer.
• Strict KYC/AML – If you’re privacy sensitive, you will find this annoying as they require a lot of personal information.
• Limited Anonymity – Because of the personal information that’s gathered, they have a less anonymity than unregulated exchanges.
• Regional Restrictions – They are not applicable to all countries, which may hinder the users of such regulated exchanges.
• Slower Listing of New Tokens – They have a more tentative approach to setting new or low market cap coins, which is often due to risk in the regulatory environment.

Conclusion

For secure and reliable trades, there are companies that allow you to trade cryptocurrencies and are not regulated, but it is much better to trade with regulated companies, these include Coinbase, Kraken, Gemini, and Bitstamp.

These companies have good security, support for various cryptocurrencies, and have good fee transparency. These companies also have good customer support and are legally and financially regulated to reduce fraud and/or going out of business.

Because of this, many traders, including myself, choose these exchanges for their safety and confidence. Because of this, there is a lack of confidence in the market when it comes to unregulated exchanges.

FAQ