Centralised Exchanges Companies

Purcow is a custodial cryptocurrency exchange offering spot trading across a range of pairs including BTC, LTC, TRX, and several smaller-cap tokens such as CCU, NEVA, BRIT, and KLKS. The platform supports multiple quote currencies including USDT, BTC, CCU, and CCH, and also provides staking, a P2P fiat-to-stablecoin on-ramp, and a 'free coins' feature. All listed pairs show 0.00% 24-hour change and zero volume, suggesting very low or inactive trading activity at the time of the website snapshot. The exchange was listed on CoinGecko as early as October 2018, indicating it has been operating for several years, though its current activity level appears minimal.

QCEX operates as QCX LLC (doing business as Polymarket US) and QC Clearing LLC (doing business as Polymarket Clearing). The entity holds Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) registrations with the Commodity Futures Trading Commission (CFTC), establishing the regulatory framework for offering event-based derivatives to US participants. The infrastructure enables retail and institutional users to trade derivatives contracts linked to real-world event outcomes, with all transactions subject to CFTC oversight and clearing requirements. QCEX was acquired to provide the regulatory licenses necessary for US market access. Its web properties operate under polymarketexchange.com and polymarketclearing.com.

Quidax enables individuals, businesses, and financial institutions to move stablecoins and crypto in and out of Africa with confidence.

Rails is a hybrid perpetual derivatives exchange that operates a centralized matching engine paired with on-chain custody mechanisms implemented through audited smart contracts on the Ink blockchain. Transaction data is organized into Merkle tree rollups and recorded on-chain, permitting independent verification of activity through a public explorer while maintaining user privacy protections. The platform provides access to end-users and B2B partners via REST APIs, WebSockets, and FIX protocol support, enabling third parties to integrate regulated derivatives trading functionality into their applications. The system operates under CIMA regulation with NFA registration pending.

REDFi is a custodial crypto and fiat financial platform targeting founders, professionals, and individuals in Latin America and other underbanked regions who need access to U.S. dollars and digital assets without U.S. residency. The platform supports BTC, ETH, SOL, MATIC, USDT, and USDC across multiple networks (Ethereum, Tron, Polygon), offering deposit, withdrawal, exchange, and cross-border transfer functions. Custody and security infrastructure is provided through partnerships with Fireblocks, BitGo, and Anchorage Digital, with banking rails via Zenus and BMO. The company is registered in Panama and is affiliated with CAPATEC, positioning itself as a compliant on-ramp for Latin America's inflation-affected population.

Remitano is a peer-to-peer cryptocurrency trading platform and custodial wallet operated by Babylon Solutions Limited. The platform enables users to buy, sell, and convert over 30 cryptocurrencies against seven fiat currencies. It incorporates a peer-to-peer escrow mechanism intended to mitigate counterparty risk in markets where direct bank-to-cryptocurrency payment channels are unavailable. The platform offers swap functionality, peer-to-peer trading, and fiat-to-cryptocurrency conversion services accessible through web and mobile applications. Remitano holds a CryptoCurrency Security Standard certification. The platform is available in over 50 countries, with particular deployment in Africa, Southeast Asia, and Oceania.

Roqqu is a cryptocurrency platform operating in Nigeria that provides retail users with a custodial wallet, spot trading functionality across multiple assets, cryptocurrency lending services, savings products, airdrop distribution, and virtual card issuance. The platform includes a Web3 interface and a business-focused service suite, functioning as an integrated cryptocurrency financial services application rather than a dedicated exchange. The system architecture encompasses wallet management, trading infrastructure, lending mechanisms, and payment card integration. Key components include asset custody, order matching for spot trading, loan origination and management, savings account structures, and virtual card provisioning. The platform targets retail consumers in Africa seeking cryptocurrency access and borderless payment capabilities. The company has pursued consolidation through acquisition activity in the African cryptocurrency sector.

Roxom is a trading platform that uses Bitcoin as the base currency and unit of account for trading traditional assets. The platform operates a derivatives market where users can take long or short positions on assets including S&P 500 ETFs, gold, oil, real estate ETFs, and Bitcoin treasury stocks. All positions are priced and settled in Bitcoin rather than fiat currency. The platform also includes a spot exchange for trading shares of Bitcoin treasury companies. The exchange features a one-click terminal interface for accessing these trading functions. The architecture positions Bitcoin as the foundational layer for a capital markets system that extends beyond cryptocurrency to encompass traditional asset classes.

RULEMATCH is an interbank spot trading and settlement venue for cryptocurrencies and digital assets. The platform serves banks, securities firms, and their institutional clients from Switzerland and equivalently regulated jurisdictions, with sponsored access available for qualifying financial institutions. The trading infrastructure uses Nasdaq matching engine technology and operates a central limit order book (CLOB) model with execution latency of approximately 30 microseconds. Settlement occurs through multilateral net settlement among participants, which reduces capital requirements and counterparty risk exposure. The venue functions exclusively as a market operator and does not provide market making, brokerage, or counterparty services.

SDAX is a Singapore-based digital asset exchange and private market investment platform that enables retail and institutional investors to access tokenised securities, including commercial paper, gold, and private credit instruments. The platform uses blockchain-based tokenisation to fractionalise traditionally illiquid assets, lowering the minimum investment threshold for private market products. Its user base spans individual accredited investors and family offices, with dedicated family office services and an ESG-focused launchpad programme for impact-oriented issuers. SDAX operates under Singapore's regulatory framework and positions itself as a venue for issuing and trading tokenised real-world assets rather than cryptocurrencies in the conventional sense.

SmartCoin is a custodial cryptocurrency exchange platform operated by Smart Coin OÜ, a company registered in Tallinn, Estonia. The platform allows users to purchase Bitcoin and other cryptocurrencies using Visa or Mastercard debit and credit cards. Identity verification (KYC) is required during the transaction process. The service incorporates AML/KYC procedures and refund policies aligned with EU regulations for virtual asset service providers. The platform discloses transaction fees and implements fraud risk mitigation measures.

Sparrow Exchange is a digital asset options trading platform based in Singapore that provides options contracts on cryptocurrency assets. The platform serves both retail and institutional participants seeking structured exposure to digital assets through derivatives trading. Sparrow operates within the Amber Group ecosystem and provides access to digital asset wealth management services through its web interface.

Stex is a custodial cryptocurrency exchange operated by Etna Development. The platform provides trading functionality across multiple trading pairs, with focus on altcoins and ICO tokens with limited availability on larger exchanges. The exchange maintains custody of user assets and operates a mobile application for Android devices. The platform architecture supports trading activity for smaller-capitalization and newly launched token listings.

Swapped.com is a cryptocurrency on-ramp and off-ramp platform that facilitates the purchase and sale of over 30 cryptocurrencies using more than 40 local payment methods across 150 or more countries. The platform operates on a non-custodial model, directing purchased cryptocurrency directly to user-provided wallets rather than maintaining custody of customer funds. The system supports multiple payment options including credit cards, bank transfers, Apple Pay, instant banking services, and digital wallets. Swapped.com holds regulatory registrations with the Australian Securities and Investments Commission (ASIC), the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and the Danish Financial Supervisory Authority (FSA). The company acquired Kado Software to expand its fiat-to-cryptocurrency infrastructure capabilities.

Swapuz is a cryptocurrency exchange platform that operates without know-your-customer (KYC) requirements or mandatory account registration. The platform supports over 1,200 cryptocurrencies and enables direct peer-to-peer asset exchanges without identity verification procedures. The system implements a floating-rate pricing model for currency conversions. Transactions are processed with typical completion times between 2 and 10 minutes and accommodate high transaction limits. The platform supports exchanges involving privacy-focused cryptocurrencies including Monero and Zcash. Customer support is available continuously. A mobile application is provided for Android devices. The platform operates a partner and affiliate program that provides reduced transaction fees for participating users.

Switch Reward Card is a platform that integrates traditional finance and decentralized finance through a debit card and digital asset exchange. The system enables users to buy, sell, and send cryptocurrencies including Bitcoin, Ethereum, and selected altcoins. On-ramp mechanisms include card purchases, ACH transfers, and wire transfers. Off-ramp options consist of ACH transfers and wire transfers. The platform supports 40 fiat and digital currencies and permits users to withdraw assets to self-custodial wallets following purchase. The service addresses both individual consumers and business users. A companion service at UseSwitchPay.com provides merchant cryptocurrency payment solutions. The platform functions as an interface between traditional payment infrastructure and digital asset markets.

Tabdeal (تبدیل) is an Iranian centralised cryptocurrency exchange that allows users to buy and sell digital assets priced in Iranian tomans. The platform supports a range of cryptocurrencies including Bitcoin, Ethereum, USDT, Tron, Solana, and numerous altcoins, with fiat-to-crypto pairs denominated in the local currency. It is designed for retail users in Iran seeking a domestic, Persian-language interface for crypto trading, and operates alongside other Iranian exchanges such as Nobitex and Wallex. Tabdeal has been subject to regulatory directives within Iran, including orders to suspend USDT-toman pair trading, reflecting the constrained but active nature of the Iranian crypto market.

Taran App is a digital currency and mobile money exchange platform focused on the Horn of Africa and East Africa region. It enables users to convert stablecoins (USDC and USDT) to and from local mobile money services including M-Pesa, EVC+, Edahab, Zaad, MTN Mobile Money, Airtel Money, and others. Supported blockchain networks include Ethereum, BNB Chain, Tron, Arbitrum, and Solana. The platform targets individuals and businesses in East and Central Africa seeking a regulated, app-based bridge between crypto assets and local fiat mobile money ecosystems.

Tebbit is a centralized cryptocurrency exchange that provides spot trading, USDT-margined perpetual futures contracts, over-the-counter crypto purchases, and copy trading functionality. The platform supports trading across a range of digital assets including Bitcoin, Ethereum, and altcoins. The exchange has expanded its offerings to include real-world asset perpetual contracts, with listings covering commodity pairs such as crude oil and natural gas, equity pairs including NVDA, GOOGL, and META, and football-themed tokens. The platform operates in multiple languages including Chinese, Japanese, Korean, Russian, Vietnamese, and Portuguese. Tebbit maintains a mobile application and communicates updates regarding contract listings and parameter adjustments through its support channels.

Thalex is a centralized cryptocurrency derivatives exchange that offers options, futures, and perpetuals contracts on Bitcoin and Ethereum. The platform incorporates several technical features: a strategy builder enabling atomic execution of multi-leg options trades without request-for-quote requirements, implied matching functionality across perpetual-future and future-future order book combinations, and portfolio-level margining to support hedging strategies. The exchange provides market participants with a public testnet environment and comprehensive API access for algorithmic trading integration. The platform includes a market volume program that provides trading rebates and a referral program for user acquisition.

Tokpie is a centralised cryptocurrency exchange founded in 2018 that offers spot trading across a range of crypto assets, with a distinctive focus on bounty stakes trading, allowing users to trade tokenised bounty rewards from blockchain projects. The platform supports trading pairs denominated in ETH, BNB, WBTC, USDT, USDC, and its native TKP token, catering to retail traders and participants in token bounty campaigns. Tokpie also provides a credit card on-ramp for purchasing crypto directly, broadening accessibility for less technical users. The exchange occupies a niche in the market by listing smaller and early-stage tokens, including project-specific bounty tokens, that are not typically available on larger centralised venues.

Topper is a fiat on-ramp and off-ramp service operated by Uphold that enables the purchase and sale of over 200 cryptocurrencies directly into self-custodial wallets. The platform accepts multiple payment methods including debit cards, credit cards, Apple Pay, Google Pay, PayPal, Venmo, PIX (for Brazilian users), and SEPA bank transfers (for European users). The service is designed for retail users and businesses seeking to acquire or liquidate cryptocurrency holdings without maintaining custodial exchange accounts, with assets routed directly to user-controlled wallets. Topper provides an integration layer for third-party applications and wallet providers through developer documentation and APIs, allowing these services to embed fiat-to-crypto purchasing functionality. As an Uphold brand, the service operates within an established regulated digital asset infrastructure framework.

UTORG is a fiat-to-cryptocurrency conversion service that enables users to purchase Bitcoin and other cryptocurrencies using Visa or Mastercard credit, debit, prepaid, or virtual cards. The platform operates with stated transparency regarding fees and employs AI-assisted identity verification processes designed to complete within minutes. Transaction parameters are set at 5,000 EUR per individual transaction and 15,000 EUR per calendar month. The service maintains PCI DSS certification for the handling of cardholder payment data and operates under applicable licensing requirements. The platform architecture includes retail-focused functionality that does not require mandatory pre-registration, alongside a business product offering and an integrated proprietary mobile wallet application for asset management.

TrueX, operating as True Markets, is a cryptocurrency spot exchange designed for institutional and professional traders. The platform uses PayPal's PYUSD stablecoin as the settlement layer for its order books. Trade execution is separated from custody through the use of an external qualified custodian, which reduces counterparty risk for users. The exchange provides low-latency application programming interfaces for algorithmic and high-frequency trading strategies. The platform's architecture decouples trading operations from asset holding, with a qualified third-party custodian managing user funds separately from exchange operations. A retail-focused product called the True App is planned for future release.