Togo is rapidly emerging as a vibrant hub for digital currency, with a growing number of citizens embracing crypto. This digital revolution has spurred the growth of various trading platforms. In this guide, we'll navigate the landscape and introduce you to the top five crypto exchanges available for Togolese users.
How to Pick the Right Crypto Exchange
When selecting a platform, it's important to consider several key factors to ensure a safe and efficient trading experience:
- Security Features: Verify the exchange's security protocols, such as two-factor authentication and cold storage for funds.
- Transaction Fees: Compare the fee structures for trading, deposits, and withdrawals, as these can impact your profitability.
- Available Cryptocurrencies: Check if the platform supports the specific digital currencies you intend to buy or sell.
- User Interface: Evaluate the platform's ease of use to make sure it matches your level of trading expertise.
- Customer Support: Look into the availability and responsiveness of their customer service in case you encounter any issues.
List of the Top 5 Crypto Exchanges in Togo
1. Kraken

Kraken is a pioneering US-based exchange established in 2011. It boasts high euro liquidity and supports over 120 cryptocurrencies. The platform offers a wide array of services, including spot and margin trading with up to 5x leverage, futures, and staking, catering to both new and experienced traders.
Key Trading Details
- Trading Fees: The platform charges a 1.5% fee for most crypto assets and a 0.9% fee for stablecoins through its Instant Buy service.
- Taker Fee: On Kraken Pro, taker fees range from 0.10% to 0.26%, varying with a user's 30-day trading volume.
- Maker Fee: Maker fees for Kraken Pro users are between 0.00% and 0.16%, determined by recent trading activity.
- Number of cryptocurrencies offered: The exchange provides access to a selection of more than 120 digital currencies.
Reviews
User feedback on Kraken is generally positive, with the platform earning an overall score of 9.6 out of 10. Traders often praise its strong security and user-friendly mobile app, but some note a steep learning curve and occasional delays from customer support. You can read more reviews here.
2. KuCoin

Often called the “people's exchange,” KuCoin was established in 2017 and supports nearly 700 cryptocurrencies. The platform provides a built-in P2P exchange, futures trading with up to 125x leverage, and allows users to purchase crypto directly with a credit or debit card, catering to a wide range of traders.
Key Trading Details
- Trading Fees: The platform's base trading fee is 0.1%, which can be reduced by holding KuCoin's native token (KCS) or by increasing your trading volume.
- Taker Fee: Takers are charged a base fee of 0.1% on trades, with rates decreasing at higher trading levels.
- Maker Fee: Makers also have a base fee of 0.1%, which can be lowered and potentially become negative based on trading activity.
- Number of cryptocurrencies offered: The exchange supports an extensive selection of nearly 700 digital currencies for trading.
- Leverage: Users can access up to 125x leverage on futures trading for selected assets.
Reviews
KuCoin receives high marks from users, earning an overall score of 8.5 out of 10. Traders frequently praise its low fees, extensive list of available cryptocurrencies, and user-friendly interface. On the other hand, some users have noted difficulties with fiat deposits and a preference for the web platform over the mobile app. You can read more reviews here.
3. Bybit

Established in 2018, Bybit has grown into one of the world's largest exchanges, serving over 60 million users. It provides a comprehensive suite of products, including derivatives with up to 100x leverage, an NFT marketplace, and various earning tools, aiming to connect traditional finance with the Web3 ecosystem.
Key Trading Details
- Trading Fees: The platform employs a tiered maker-taker model, with spot trading fees for non-VIP users set at 0.10%.
- Taker Fee: For spot trading, taker fees start at 0.10% and decrease for users in higher VIP tiers.
- Maker Fee: Maker fees for spot trades also begin at 0.10% and can be reduced to 0% for professional-level traders.
- Number of cryptocurrencies offered: The exchange lists over 100 crypto tokens, including popular options like BTC, ETH, and SOL.
Reviews
Bybit has earned a strong overall rating of 4.7 out of 5. Users often praise its quick trade execution and good integration with TradingView, though some have noted a desire for lower fees for beginners and more platform integrations. You can read more reviews here.
4. OKX

OKX, launched in 2017, is a global exchange offering a robust ecosystem beyond simple trading. It provides advanced options like derivatives with up to 125x leverage, an integrated Web3 wallet, an NFT marketplace, and its own native blockchain, supporting over 350 cryptocurrencies for a wide range of traders.
Key Trading Details
- Trading Fees: Fees start at 0.10% and are reduced based on your trading volume or the amount of OKB you hold.
- Taker Fee: The taker fee begins at 0.10% and decreases for users with higher trading volumes or larger OKB holdings.
- Maker Fee: The maker fee also starts at 0.10%, with reductions available for increased trading activity or holding more OKB tokens.
- Number of cryptocurrencies offered: The exchange provides access to over 350 digital currencies.
Reviews
OKX earns an overall user score of 8.1 out of 10, with traders often pointing to its strong security, low fees, and a highly-rated mobile app praised for its clear design. However, some find its advanced features, such as margin and options trading, can be overwhelming for beginners. You can read more reviews here.
5. Binance

Binance is the world's largest crypto exchange, serving 90 million customers with over 350 listed cryptocurrencies. The platform offers competitive trading fees starting at 0.10% and allows margin trading with up to 10x leverage. Its ecosystem extends beyond trading to include an NFT marketplace and the Trust Wallet.
Key Trading Details
- Trading Fees: The platform uses a tiered system with a standard spot trading fee of 0.10% for regular users.
- Taker Fee: Takers are charged a 0.10% fee for spot trades, which can be reduced based on VIP level.
- Maker Fee: Makers also pay a 0.10% fee on spot trades, with discounts available for higher-tier users.
- Number of cryptocurrencies offered: The exchange offers a selection of over 350 digital currencies.
Reviews
Binance earns a high overall score of 9.8 out of 10 from users. Traders often highlight the low fees, robust security, and wide selection of cryptocurrencies, though some find the platform complex for beginners and have noted issues with depositing funds. You can read more reviews here.
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