In a major validation of its industry dominance, Binance has been ranked the number one cryptocurrency exchange in CoinDesk’s April 2025 Exchange Benchmark. Surpassing 86 other platforms across the globe, Binance took the lead in both spot and derivatives trading, further solidifying its role as the undisputed market leader in digital asset exchange.
This ranking isn’t just a headline—it’s backed by data. CoinDesk’s comprehensive assessment spanned over 100 metrics across eight critical categories, including security, Know Your Customer (KYC) protocols, market quality, and transparency. The evaluation highlights what Binance users already know: the platform delivers unmatched performance, scale, and safety.
Why This Matters
With over 270 million registered users, Binance’s trading volume is nearly four times greater than its nearest competitor. That kind of scale doesn’t happen by accident—it’s the result of relentless innovation, a commitment to regulatory compliance, and an ever-improving user experience.
Top contenders in the benchmark included Coinbase, Bitstamp, and Kraken. Yet Binance emerged at the top due to its robust infrastructure, cutting-edge security, and global accessibility—features that resonate deeply with both institutional and retail traders.
“Binance isn’t just a trading platform—it’s an ecosystem,” says a long-time user and blockchain educator. “From advanced trading tools to passive income products and an NFT marketplace, there’s something for every level of crypto user.”
What This Means for You
This milestone is a reminder that choosing a trusted platform is critical in a rapidly evolving digital asset landscape. With Binance, you’re not only trading on the biggest exchange in the world—you’re trading on the most trusted one.
Ready to Experience the Best?
📈 Register a Binance Account Now to explore the features that earned it the top ranking.
📊 Read the full report on CoinDesk’s site to see how Binance stacks up in every category.