Stock Market Crash: The U.S. stock market has plunged into significant turmoil, erasing over $2.1 trillion in value as investors react to President Donald Trump’s escalating trade war. On April 7, 2025, the market’s opening saw dramatic losses, with the Dow Jones, S&P 500, and Nasdaq Composite all dropping sharply, and concerns over the economic fallout intensified.
As a result, many are questioning whether Trump will reconsider his tariff policies to prevent further damage to the market and the broader economy.
The U.S. stock market faced one of its worst days in recent history on April 7, as tariffs imposed by President Trump triggered a sharp sell-off. Over $2.1 trillion got wiped out from the U.S. stock market during the day’s trading session, with major indexes experiencing deep declines. After touching a record high a few months ago, the S&P 500 plummeted by 4%, with the same impact reflected in the Dow Jones and the Nasdaq.
At the same time, the market lost all its gains in the previous twelve months, raising investors’ concerns due to economic uncertainty. This stock market decline was triggered by escalating tensions in trade relations between the United States and China, especially Donald Trump’s new tariff increase.
Because of China’s reciprocity action through putting a 34% tariff on the American products, concerns of the trade war and global recession persist.
Peter Schiff and Bill Ackman Sound the Alarm
Peter Schiff an economist and Trader has opined about the current environment warning of the risks that lie ahead. Currently, Schiff continues to be of the opinion that the market has not properly priced the possibility of an upcoming recession, especially if the tariffs persist.
He stated that the current values of the markets are over-estimated, or have been for sometime now, including the recent dip in the market. Schiff stated that the U.S is likely to experience the worst recession since the Great Depression and said that a 50% market decline might not adequately capture the scale of the upcoming issues. Concurrently, Peter Schiff has predicted that the Ethereum price may drop to $1,000 under these market tensions.
Another voice that echoed such sentiments amid the stock market crash was that of billionaire investor Bill Ackman who expressed his concerns regarding the trade war citing its potential impact on the economy. Ackman categorised this as a ‘self-imposed, economic winter’ saying that the president’s approach would make things worse. However, he accused the administration of provoking the trade war and urged the president to declare a ceasefire because of the negative impact on the economy.
Robert Kiyosaki Warns of a Coming Depression
Robert Kiyosaki, the author of Rich Dad Poor Dad, has been very vocal in his criticism of traditional financial markets. He noted the stock market crash may get worse and there is bigger collapse incoming.
Kiyosaki had predicted that the current downturn would lead to a recession, possibly even a depression. In his recent statements, Kiyosaki emphasized that the market is heading toward a “destruction of fake paper assets,” referring to the overvalued stocks, bonds, and other financial products that have been driving the economy.
Kiyosaki has continuously encouraged people to invest in assets such as gold, silver, and Bitcoin which he calls a “safe haven’, as they will not be as severely affected by another financial crisis. He noted that inflation, and money printing is causing the downfall of the US dollar and adding to the fear of an economic collapse. Kiyosaki proceeded to say that the current bear market is an indication of the fact that the world financial system may be at the precipice of a change.
Will Trump Reassess Tariffs to Ease Market Turmoil?
As the stock market crash persist and apprehensions over a recession increase, the focus shifts to whether Trump will change his stance on tariffs or not. Losses on the U.S. stock market and global economic instability have prompted some experts to assume that Trump may have to reverse his actions concerning tariffs.
Despite the criticism, Trump has remained firm in his stance, stating that the tariffs are necessary to address long-standing trade imbalances and unfair practices. Moreover, Donald Trump warned China that if they do not withdraw their 34% retaliatory tariffs, the U.S. will impose an additional 50% tariff. This hardline approach has raised concerns that the trade war could continue to escalate, further destabilizing the global economy.
Some investors, like Ackman and Schiff, have called for Trump to reconsider his strategy. They argue that the tariffs are already causing significant economic damage and that continuing down this path could lead to even worse outcomes. Schiff has been particularly vocal in warning that the market is not properly pricing in the risk of a major recession, and that the current market decline may just be the beginning.
The crypto market of 2025 is now a full-blown financial arena where professionals, institutional traders, and DeFi enthusiasts trade daily. According to CoinMarketCap, the average daily trading volume across top crypto exchanges exceeds $100 billion, with over 420 million global crypto users fueling this ecosystem. With this figure, choosing the right crypto exchange is as crucial as selecting the right trading strategy.
Think of it like Formula 1: every millisecond, every gear shift, and every tire choice matters. Similarly, professional crypto traders demand platforms that offer split-second execution, rock-solid security, competitive fees, and zero tolerance for downtime. You don’t bring a bicycle to a speed race and certainly don’t trade millions on a slow, clunky exchange.
In this guide, we’ve handpicked the six best crypto exchanges for pros in 2025. These platforms combine deep liquidity, cutting-edge tools, and ironclad reliability. Whether you’re looking for non-custodial freedom, margin trading, or low-fee execution, these platforms are built to make trading efficient and seamless.
1. ChangeNOW: Best for Swift and Secure Non-Custodial Swaps
For crypto traders who value freedom over friction, ChangeNOW is a standout as a seamless, non-custodial platform. This exchange has been operating since 2017 and doesn’t meet expectations. It bypasses the bloat that traders have long tolerated. ChangeNOW gives users complete control over their funds and performs fast, seamless transactions.
Imagine an exchange where you don’t need to surrender your email, wait days for KYC approval, or get tangled in complex interfaces. That’s ChangeNOW. With support for over 1225 cryptocurrencies and 70+ fiat currencies, it offers one of the widest asset selections in the industry, without compromising user privacy or security, per Coinpedia.
No logins. No custody. No delays. Just pure Web3 autonomy blended with Web2 reliability. On average, swaps are completed in under 5 minutes, thanks to ChangeNOW’s optimized routing engine. Behind this speed is a product built on fintech-grade infrastructure, ensuring every transaction is auditable, reliable, and executed with institutional-level accuracy.
Other powerful features of ChangeNOW include:
Low, transparent commission fees (clearly displayed before execution)
Integration with Ledger, MetaMask, and Trust Wallet
Internal security checks are triggered with mandatory KYC and AML procedures when suspicious activities are detected.
The NOW Token, which unlocks cashback rewards and lower fees
24/7 human support that rivals the best of centralized exchanges
ChangeNOW allows purchasing and selling cryptocurrencies using VISA or MasterCard credit or debit bank cards.
ChangeNOW aggregates cryptocurrency prices from leading trading platforms to create profitable exchange rates for its users based on the best price.
The platform’s core message is clear: you shouldn’t have to choose between freedom and convenience. With ChangeNOW, you get both.
2. Binance: Best for High Liquidity and Pro-Level Trading Features
With a staggering $2.2 trillion in spot trading volume in Q1 2025, Binance remains the industry’s liquidity giant. For traders who thrive on momentum, spread efficiency, and asset variety, Binance is an essential part of their trading stack.
This platform is built for the technically fluent. From derivatives to staking, options to token launches, Binance offers a platform of advanced tools wrapped in a high-speed, institution-grade engine. Features of Binance include:
Depth of Liquidity: Ideal for large trades with minimal slippage across hundreds of pairs.
Professional Toolkit: Margin trading, futures, options, launchpad tokens, auto-invest, all on one dashboard.
Massive Asset Support: Numerous cryptocurrencies available, including stablecoins, altcoins, and tokens from emerging L1s and L2s.
Top-Tier Security: Binance deploys cutting-edge protocols for user funds, such as Threshold Signature Schemes (TSS) and multi-signature security.
Low Fees with Benefits: Trading fees can be reduced even further with the native BNB token.
Global Compliance: Licensed in key markets such as Dubai, France, and Australia, making it one of the most geographically versatile platforms in the world.
3. Kraken: Best for Institutional-Grade Security and Fiat Onboarding
Founded in 2011, Kraken has earned its stripes as one of the industry’s most secure and regulation-compliant exchanges, a key reason it remains a favorite among professional traders and institutional clients.
In Q1 2025, Kraken ranked among the top five centralized exchanges globally regarding spot trading volume, thanks to its robust fiat support, strong U.S. market presence, and increasingly popular pro-level trading terminal: Kraken Pro.
Kraken’s security is robust; the platform has never been hacked, a rare feat in the crypto world. It uses rigorous security protocols like cold storage, real-time auditing, and proof-of-reserves to back customer trust with verifiable integrity. Kraken’s security-first approach is a welcome assurance.
Additionally, Kraken Pro gives advanced users access to margin trading, futures contracts, dark pool liquidity, and deep analytical tools. It’s ideal for traders who want both protection and precision. What Makes Kraken Stand Out:
Fiat-Friendly: Supports over seven major fiat currencies, including USD, EUR, GBP, JPY, and CAD, with low conversion spreads and fast bank integrations.
Advanced Trading Suite: Kraken Pro delivers trading depth for margin, futures, and even OTC desk services for large-volume players.
Regulatory Trust: Fully licensed in the U.S., Europe, and Canada, making it a preferred option for traders prioritizing legal clarity.
24/7 Global Support: Kraken’s customer service is known for fast responses, even for technical or high-volume account queries.
4. Bybit: Best for Leveraged Derivatives and Power-Trader UX
Bybit has carved its name into the crypto elite by doing one thing incredibly well: catering to high-performance traders who thrive on leverage, speed, and no-fuss functionality. Founded in 2018, Bybit has rapidly grown into one of the top five derivatives exchanges in the world, now handling over $23.4 billion in daily derivatives volume as of early 2025, before the exchange was hacked.
Unlike exchanges that try to serve everyone, Bybit stays laser-focused on delivering a turbocharged trading experience. Think millisecond execution speeds, up to 100x leverage on perpetual futures, and an interface designed by traders, for traders.
The platform recently rolled out the Bybit Unified Trading Account (UTA). This system allows users to manage spot, margin, and derivatives positions from one interface, while optimizing margin usage across assets. It’s the sophisticated risk management toolkit you’d expect from a traditional hedge fund, now available to any pro-level user.
Why Traders Love Bybit:
High-Leverage Derivatives: Trade BTC, ETH, SOL, and more with 25x to 100x leverage.
Unified Account Mode: Combine margin across asset types, boosting capital efficiency.
Ultra-Low Latency: Trade execution is lightning-fast even during high volatility spikes.
Proof-of-Reserves Transparency: Monthly audits ensure assets are fully backed.
Launchpad and Earn Products: Earn yields while waiting for your next trade setup.
Intuitive Mobile App: Packed with features yet remarkably lightweight and fast.
Bybit is built for pros who want to chase momentum and capitalize on fast market shifts without having to jump through compliance hoops or endure interface lag.
5. OKX: Best for Cross-Chain DeFi Access and All-in-One Crypto Tools
OKX is a modular trading universe. For crypto traders who want one dashboard to trade, stake, farm, mint NFTs, and tap into DeFi protocols, OKX delivers a seamless, multi-layered experience that blends centralized performance with decentralized opportunity.
With over 50 million users and a fast-growing DeFi portal, OKX in 2025 is a serious contender to Binance, with daily spot and derivatives volume exceeding $10 billion. But its true edge lies in how it’s bridging the gap between CeFi and Web3.
Picture having the power of MetaMask, Uniswap, a staking platform, and a pro-level exchange all in one app. That’s OKX. Through its Web3 Wallet, traders can interact with multiple blockchains (Ethereum, BSC, Arbitrum, Polygon, etc.), join liquidity pools, buy NFTs, or connect to dApps without leaving the exchange environment.
Why Users Choose OKX:
Unified CeFi + Web3 Access: Trade, stake, swap, and interact with DeFi protocols using the integrated OKX Wallet.
Smart Trading Tools: Grid bots, copy trading, DCA tools, and perpetual contracts all in one place.
Robust Derivatives: OKX ranks in the global top 3 for futures and options trading.
Web3 Portal: Native integration with 70+ dApps and multichain NFT marketplaces.
Yield Generation: OKX Earn allows users to generate passive income through staking, dual investment, and liquidity mining.
Top-Shelf Security: ISO/IEC 27001-certified, with regular proof-of-reserve reports.
And with its new AI-powered trading assistant launched in 2025, OKX is future-proofing how pros manage risk, predict sentiment, and automate strategies. It’s a glimpse into what Web3-enabled trading desks will look like in the next decade.
6. Bitget: Best for Copy Trading and Pro-Level Derivatives with a Social Edge
If you could combine the firepower of a derivatives exchange with the community-driven energy of social trading, you’d get Bitget. The platform is a fast-rising platform among traders who know the value of signal sharing and strategic mirroring.
As of Q2 2025, Bitget boasts over 25 million users, $10+ billion in daily derivatives volume, and one of the most active crypto copy trading communities in the world. It’s where alpha meets accessibility, making it a favorite for power users and skilled signal providers looking to monetize their trades.
Bitget’s signature feature is its Copy Trading Hub, which allows users to follow top traders and automatically mirror their strategies in real-time.
For pros, this means two things:
They can earn passive income by letting others replicate their trades.
They can observe peer strategies from other top traders, tweaking their plays in response.
Why Bitget Is Gaining Ground with Experienced Users:
Deep Liquidity for Derivatives: Trade perpetual futures on major pairs with up to 125x leverage, low slippage, and tight spreads.
AI Copy Trading System: Built-in analytics suggest optimal traders to follow based on ROI, risk score, and consistency.
Proof-of-Reserves Backing: Monthly reports confirm 1:1 asset backing and user fund safety.
Flexible Grid and Spot Bots: Automate trades across volatile pairs with strategy templates.
KCGI Tournaments and Leaderboards: Compete with other pros for serious prize pools and recognition.
Low Trading Fees: Bitget undercuts many major exchanges on futures fees, often as low as 0.02% maker / 0.06% taker.How to Choose the Right Crypto Exchange
What to Consider Before Choosing a Crypto Exchange
Selecting a crypto exchange isn’t a one-size-fits-all decision. The best platform for you depends on your trading goals, risk tolerance, and level of experience. By examining platforms like ChangeNOW, Binance, Kraken, Bybit, OKX, and Bitget, here are the key factors you should consider:
1. Custodial vs Non-Custodial
ChangeNOW operates as a non-custodial exchange, meaning it doesn’t hold your funds. This offers more control but requires you to manage your own wallet security. In contrast, platforms like Binance, Kraken, and Bitget are custodial, which is more beginner-friendly but places custody risk with the exchange.
2. Regulation and KYC Requirements
Platforms like Kraken and Binance have strong regulatory licensing and mandatory KYC, offering greater security and compliance. These are essential for institutional or high-volume users. Meanwhile, others like ChangeNOW are only partially licensed and have trigger-based KYC, giving more privacy but less oversight.
3. Security Measures
Security varies significantly. OKX boasts ISO/IEC 27001 certification, while Kraken emphasizes cold storage and audits. Binance uses TSS (Threshold Signature Scheme) and multi-sig wallets.
4. Fiat Currency Support
Need to fund your account with cash? Exchanges like Binance, Kraken, and ChangeNOW support 7+ fiat currencies, while platforms like Bybit do not support fiat at all, making it less ideal for new users without crypto holdings.
5. Number of Supported Cryptocurrencies
ChangeNOW supports over 1,225 coins, ideal for altcoin hunters. Kraken and Bitget also support a wide range, whereas Bybit focuses mainly on major coins, limiting asset diversity.
6. Trading Tools and Liquidity
If you’re into margin, futures, or options, Binance, Bitget, and OKX offer robust tools and high liquidity. ChangeNOW doesn’t offer these features, making it better for simple conversions than active trading.
7. Fees and Commission
Commission levels range from low (Binance, Kraken) to very low (Bitget). ChangeNOW’s model offers convenience but may not be cost-effective for frequent trades. Evaluate fee structures in line with your trading volume.
8. Web3, NFTs, and Staking
OKX stands out with Web3 support, staking, and NFT integration. Binance also offers these features, while Kraken, Bybit, and Bitget are still primarily CeFi-focused. For those interested in DeFi, go for hybrid or Web3-enabled platforms.
9. User Experience & Mobile Access
All listed platforms offer mobile apps, but UX varies: Binance and OKX provide pro-level UX, while ChangeNOW offers a simple and intuitive interface, making it better for quick swaps and beginners.
In conclusion, if privacy and simplicity is your goal, try ChangeNOW. Binance or Bitget are strong options for full trading tools and liquidity. Meanwhile, Kraken security and compliance are top-notch, while OKX gives you Web3 and NFTs-focused exchange.
Be informed that the best platform isn’t always the flashiest; it’s the one that quietly delivers speed, trust, and efficiency at scale.
The post The 6 Best Crypto Exchanges: Top Picks for Seasoned Pros in 2025 appeared first on Coinpedia Fintech News
The crypto market of 2025 is now a full-blown financial arena where professionals, institutional traders, and DeFi enthusiasts trade daily. According to CoinMarketCap, the average daily trading volume across top crypto exchanges exceeds $100 billion, with over 420 million global crypto users fueling this ecosystem. With this figure, choosing the right crypto exchange is as …
The creators of the TRUMP meme coin have moved over $52 million worth of tokens to centralized exchanges, sparking debate about the project’s motives and transparency.
The token, themed after US President Donald Trump, has gained massive attention since its launch, but now faces scrutiny over insider activity and market impact.
TRUMP Team Describes $52 Million Token Transfer as ‘Liquidity Operations’
On May 10, on-chain analytics platform Lookonchain revealed that the team behind TRUMP deposited 3.5 million tokens, valued at more than $52 million, across three major exchanges—Binance, OKX, and Bybit.
According to the firm, Binance received the largest share at 1.5 million tokens, estimated at $22 million. OKX followed with 1 million tokens worth $15 million, while Bybit received just over 500,000 tokens valued at $7.5 million.
However, the TRUMP token team claimed the transfer aimed to strengthen liquidity and maintain stable market access.
They explained that the tokens came from a pre-designated liquidity wallet created during the project’s launch. The team also assured users that all recently unlocked tokens had been relocked and would remain so for 90 days.
“Demand for $TRUMP has been tremendous. On May 10, 2025 at approximately 1:30 am UTC, 3.5 million $TRUMP will be moved onto exchanges to further support liquidity operations to help ensure continued availability of $TRUMP for both buyers and sellers. All of this liquidity is being provided from a liquidity wallet from the initial launch,” the team stated.
While the team maintains that the token transfers are part of routine liquidity management, recent findings suggest a different story.
A CNBC report, citing Chainalysis, revealed that the team behind TRUMP has earned over $320 million in trading fees.
Furthermore, there is a wide gap between investor outcomes. Of more than two million wallets holding TRUMP, roughly 760,000 are currently at a loss.
In sharp contrast, only 58 wallets have each made over $10 million, together netting about $1.1 billion in profits.
This stark imbalance suggests that a small group of insiders may have captured most of the value generated by the token.
According to BeInCrypto data, the token surged to $77 on its first trading day. However, it has since plummeted by 86%, trading near $14 at the time of writing.
U.S. Senator Tim Scott (R-S.C.) has introduced new legislation aimed at addressing the growing issue of debanking practices in the country. The Financial Integrity and Regulation Management Act, or FIRM Act, seeks to eliminate the use of reputational risk as a metric for regulating financial institutions.
This move is part of Tim Scott’s ongoing efforts to curb the use of federal banking agencies to push political agendas and restrict access to banking services.
Tim Scott Introduces Bill To End Debanking Practices
The FIRM Act aims to address concerns over the role of reputational risk in the regulation of financial institutions. Reputational risk has been used by federal banking agencies to assess the safety and soundness of financial institutions. The new legislation will eliminate all references to reputational risk as a factor in determining the supervisory ratings of these institutions.
Senator Tim Scott’s bill would also prevent federal banking agencies from creating new rules or guidance based on reputational risk. Additionally, it mandates that these agencies report to Congress on their progress in eliminating reputational risk as a measure for supervision.
As part of this reform effort, Tim Scott expressed concerns about how reputational risk has been used to target certain businesses and individuals, particularly those involved in politically sensitive industries. The legislation is positioned as a way to stop federal regulators from abusing their authority for political purposes.
This Is A Developing News, Please Check Back For More
