The crypto bull run has pushed the industry’s total market capitalization to well above 4 trillion dollars. As a result, competition for the title of the best crypto exchange has started to heat up as new teams look to carve out a share of global trading volume. 

Exchanges that are able to build strong communities with deep liquidity stand to earn considerable revenue in fees, as demonstrated by established platforms like Binance, Coinbase, and Kraken.

While major platforms such as Binance and Kraken continue to dominate global trading volume, a new wave of emerging exchanges is rapidly attracting user attention and market share.

This article explores the best newcomer exchanges reshaping the centralized exchange landscape in 2025, focusing on key factors such as features, security, user experience, and long-term growth potential.

The CEX Market in 2025 Explored

The CEX market has taken full advantage of the ongoing bull run. Many new traders are more comfortable operating on centralized exchanges at the beginning of their crypto journey due to the familiarity of their platforms, which often resemble standard stock trading applications.

According to data from Messari, CEX trading volume has at times exceeded 160 billion dollars in 24-hour periods over the past year. Even during market dips, daily trading volume has consistently held above 50 billion dollars, highlighting the enormous scale and liquidity of the centralized exchange market.

In the wake of the 2022 market crash and the FTX collapse, exchanges have gone above and beyond to reassure users. Regulation, proof of reserves, and improved user protection have become essential for credibility, drawing more traders back into the space.

Key market trends in 2025 include high-leverage derivatives trading, multi-chain asset support, mobile-first design, and the growing integration of AI-driven trading tools that enhance user experience and performance.

 Bitunix: The Top Newcomer Exchange

Bitunix is one of the fastest-growing exchanges in the crypto market. Since its launch in 2021, it has established itself as a leading newcomer, competing with some of the biggest names in the industry for market share by offering a wide range of features that appeal to both casual traders and experienced professionals.

Bitunix’s core strengths include:

• An extensive list of over 565 listed coins, spot trading pairs, and 497 futures pairs, as well as up to 125x leverage on more than 200 perpetual contracts. 
• The exchange secures user assets through multi-signature cold wallets and transparent proof of reserves, and it has reported no major hacks since its inception.
• Users also benefit from 24/7 multilingual support, deep liquidity, and a tiered VIP fee system that rewards active traders with lower costs.

The platform has experienced rapid user growth, with over 600,000 registered users and daily trading volumes surpassing 1 billion dollars. Community feedback has been consistently positive, highlighting the reliability and trading efficiency of the platform.

Bitunix KYC Requirements Explained

Bitunix successfully combines the advanced tools of top-tier exchanges with an interface that remains accessible to everyday traders. The exchange also implements a comprehensive KYC procedure for all users, which requires users to undergo similar processes as they’d expect on the leading centralized exchanges.

2. Bitso: A Solid Newcomer

Bitso is a Latin America-focused exchange that has done well at growing its presence in the LATAM market. It offers a solid range of features and appeals directly to its target audience through regional integrations and a reliable customer support system.

The platform’s user-friendly interface, moderate fees, and increasing adoption across Spanish-speaking countries have helped it build a loyal user base. Although it remains highly focused on this region, Bitso’s trading volumes now regularly reach into the millions, and it appears on course to continue this upward trajectory.

3. Bitbank: A Solid CEX Contender

Bitbank is a respected Japan-based exchange with a solid record of compliance with regulators. It has successfully weathered several market downturns and remains one of the most trusted trading platforms in the region.

The exchange focuses on institutional-level security, simple fiat integrations, and a clean, intuitive interface. Licensed under Japan’s Financial Services Agency (FSA), Bitbank is widely regarded as one of the most reliable and compliant CEXs in Asia.

Overall, Bitbank positions itself as a conservative but dependable choice for users seeking a secure and regulation-focused trading environment in East Asia.

Final Thoughts

Bitunix offers a fast sign-up flow and seamless verification, ensuring easy access for every trader. The globally compliant exchange maintains a user protection fund, exceptional liquidity, and an all-in-one trading chart designed for both beginners and advanced users.

The top newcomer to the CEX market is arguably Bitunix. The platform has built significant trading volume while maintaining an impeccable security track record. It has also attracted more experienced and risk-hungry traders with its leveraged trading features, positioning Bitunix as one of the strongest and most promising exchanges in 2025.