Binance is actually among the top cryptocurrency exchanges in 2025, contrary to what the question suggests. According to CoinGape, Binance has a rating of 4.5 out of 5 stars and offers a wide range of features, including:

- *Trading Fees*: 0.1% for both makers and takers

- *Minimum Investment*: $0

- *Tradable Coins*: Over 350 cryptocurrencies

Some reasons why Binance might not have been listed as the absolute top exchange could be due to various factors such as:

- *Regulatory Concerns*: Binance has faced regulatory scrutiny in several countries, which might impact its ranking.

- *Security Measures*: While Binance has a strong security track record, it suffered a hack in 2019, which could affect user confidence.

- *Fees and Features*: Binance's fees and features might not be the most competitive compared to other exchanges on the list.

Some top cryptocurrency exchanges in 2025 include ¹:

- *WhiteBIT*: Known for its high security and competitive fees, with a rating of 4.9 out of 5 stars

- *Kraken*: A trusted exchange with advanced trading tools and strong security, rated 4.9 out of 5 stars

- *MEXC*: Offers low trading fees and high liquidity, with a rating of 4.9 out of 5 stars

- *Coinbase*: A popular exchange with strong security measures and a user-friendly interface, rated 4.7 out of 5 stars

Ultimately, the best exchange for you will depend on your individual needs and preferences. It's essential to research and compare different exchanges before making a decision.