Exchange picker

1. How this picker scores

I built a small weight table of where each exchange is relatively strong across five areas: beginner-friendliness, spot depth, futures features, fees, and number of coins. Every answer you pick adds points to the matching exchange. Pick "new," for example, and Binance gains the most (localization and tutorials); pick "lots of coins" and Gate gains the most (new listings and a wide small-cap selection). After four questions I total the scores, the highest becomes the main pick, and the other two are ranked below it by score.

2. Where this tool's weights favor each exchange

Binance: in this tool's weight table it scores highest for beginners, for liquidity, and for larger budgets. Spot, futures, earn, and a Web3 wallet are all there.

OKX: scores highest in the weight table for futures and for experienced users. It also offers a Web3 wallet.

Gate: scores highest in the weight table for number of coins (small caps and new listings included) and for fees. Whichever exchange you use, check the slippage shown on the order screen before sending a large order.

3. Can you use two at once?

Holding accounts on two exchanges is no contradiction — the tool scores all three and does not force a single choice. As a beginner you don't have to agonize over "only one" — start with the one your answers score highest and open a second when you actually need it.

4. What else to check beyond the exchange itself

• Can you deposit and withdraw: first make sure the funding methods in your region (C2C, bank card) actually work — that matters far more than a 0.01% fee difference.
• Fee tiers: all three sit in the 0.02%-0.1% maker range, and you can go lower with BNB / platform-token rebates or by climbing the tiers; see the fee comparison tool.
• Futures risk: if you plan to trade futures, run the numbers with the liquidation calculator first so you know your leverage risk before opening.

5. FAQ

Q1. Is the recommendation reliable?

It's a weighted suggestion based on the preferences you picked, reflecting where each exchange is relatively strong — not an absolute ranking. All three are large exchanges. Treat it as a way to narrow your options, not the only thing that matters.

Q2. Can I register with more than one?

Absolutely, and it's worth doing. Different exchanges have different strengths in majors, small caps, and futures. Open the top-scoring one first and add a second when you need it.

Q3. So which one should a beginner actually pick?

In this tool, answering "new" tips the score toward Binance whichever other options you choose, because the weight table gives it the most points for beginner-friendliness (localization and tutorials). Once you're comfortable and want futures, add OKX; want small caps, add Gate.

Q4. Do fees differ a lot between the three?

Less than beginners imagine. All three sit at 0.02%-0.1% spot maker, and you can cut that with platform-token rebates or a higher VIP tier. For small accounts, the fee difference matters far less than whether you can deposit and withdraw smoothly and how comfortable the interface feels.

Q5. How do I use the invite code?

This page doesn't show the invite codes; they are listed on the homepage. To use one, type it into the invite / referral code field yourself when you register. It may come with a fee discount; whether you get one, and how much, depends on what the exchange applies to your account. This site may earn a referral commission, as explained on the disclosure page.

6. Data and methodology note

The score weights in this tool are illustrative values set by the editors, not a ranking from measured tests. They are used only to narrow your options and are not investment advice. Spot something clearly off? Email [email protected] — corrections are logged on corrections.html.