Cheapest Cryptocurrency Exchange

If you’ve ever heard about cryptocurrency trading, in general, you’re probably aware of a company called Binance. Undoubtedly, it’s one of the most well-known and used crypto exchanges on the market.

Coincidentally (or is it?), it’s one of the cheapest cryptocurrency exchanges, too.

Binance employs fees that reach up to 0.1%. Note the “up to” part - simply put, this means that the fees are usually going to be much lower than that (in most cases, the will sway around 0.05%).

Is Binance the crypto exchange with the lowest fees out there? Well, it’s certainly part of that group, yes! A 0.1% fee (worst-case scenario) is actually amazing!

On top of having some very cheap transaction fees, Binance is also very secure. The exchange employs a 2FA system (two-factor authentication) in order to ensure optimal log in security measures, and has some advanced crypto security features, too.

If you’re looking for a cryptocurrency exchange with the lowest fees in order to start trading crypto coins, you’ll also be quite happy to hear that Binance has some of the better (higher) trading volumes out of all of the ‘mainstream’ crypto exchanges out there.

What does that mean, exactly? Well, it simply means that there’s a healthy amount of competitive prices to be had on the exchange platform in question - definitely some good news for any wannabe trader!

Same as many other names on this cheapest cryptocurrency exchange list, Kraken is a very well-known crypto asset trading platform that has built itself a long-lasting reputation of being both reliable, and offering its users some surprisingly-good fees.

Addressing the Kraken in the room (I’m sorry), you can expect the fees of this cryptocurrency exchange to range anywhere from 0% up to 0.26%, depending on a few different factors.

That’s right - 0% fees are available, too, but you’ll have to be trading some very low amounts of cryptocurrency.

That being said, 0.26% is still a very good fee option! The amount of crypto you’d lose to payment is minuscule, and Kraken’s high-trading volumes should ensure your peace of mind even further!

General reputation-wise, as mentioned above, Kraken isn’t only popular for being a cryptocurrency exchange with lowest fees - it’s also considered to be a very secure space to trade crypto coins, too.

Also, Kraken supports over 150 different cryptocurrency assets, tokens included. You’ll find all of the main, most well-known crypto coins on the exchange in question - granted that you can even buy the coins via a bank transfer, this surely makes the exchange a very conveniant place to trade cryptocurrencies!

If you're looking for a crypto exchange with competitive fees and a straightforward experience, BTCC stands out as a great option, especially when it comes to futures trading. What makes it one of the cheapest exchanges is its VIP program that rewards active traders.

First off, BTCC offers reasonable spot trading fees that are set at 0.2% for makers and 0.3% for takers, which is quite standard in the industry.

However, its futures trading fees are lower than the usual standard (and you have a chance to lower them further, which is normally not possible). They start at just 0.025% for makers and 0.045% for takers, but you have the potential to get them down to as low as 0.01% for makers and 0.007% for takers at the SVIP5 level.

Speaking of which, BTCC’s VIP program consists of 13 levels, going from VIP0 to VIP7 and then transitioning to SVIP1-SVIP5. To increase your level, you have to increase your 30-day trading volume or your account's total value.

Trading volume-wise, to reach SVIP1, you have to reach at least $30 million in 30 days. If you’re more of a holder than a trader, your account’s value has to reach $50,000. However, if you want to have the lowest possible fees (reaching SVIP5), you’ll have to hold at least $3 million worth of funds in your account or have a 30-day trading volume of at least $1 billion.

Do note that apart from discounts on fees, each level of the VIP program, VIP1-VIP7 levels included, brings other benefits. These include priority support, exclusive VIP events, a dedicated VIP manager, higher withdrawal limits, and even various gifts (and I’m not only talking about vouchers; think birthday gifts, travel packages, and physical goods).

That said, BTCC isn't just about low fees either. The platform is known for its strong security and experience in the crypto exchange industry, having an unblemished 14-year record free of cybersecurity incidents. It also has a user-friendly interface, making it ideal for beginners, while offering advanced tools like copy trading and futures trading for more experienced users.

Another plus is BTCC’s availability in over 100 countries, including the US and Canada, which is rare for many exchanges. This broad accessibility, combined with the platform’s simple sign-up process and multilingual support, makes BTCC a great choice for global crypto traders, cost-conscious or not.

Bitfinex is a crypto exchange that’s often associated with advanced crypto trading features. This is because the platform, as a whole, is catered more towards professional traders - this is mostly true in regards to the feature variety that Bitfinex employs.

As of writing this, the exchange in question supports over 170 different crypto coins and tokens, and utilizes a large number of trading pairs between them. Traders can also enjoy some industry-leading security features, fiat deposits, and some other benefits associated with high-level crypto exchanges.

Naturally, since this is a list of the cheapest cryptocurrency exchange, you can probably imagine that Bitfinex fees are also very notable, as well.

Specifically, the market maker and taker trading fees on Bitfinex are 0.1% and 0.2%, respectively. These fees apply to crypto-crypto, crypto-stablecoin, and crypto-fiat trades.

Not only are these numbers quite below the industry average, but it’s not too common to find exchanges that would employ the same numbers for crypto-crypto and crypto-fiat trades, as well!

Naturally, though, these are just the base fees - traders can reduce them even more, depending on the volume of crypto that they trade on the exchange. Market maker fees could go to 0%, while taker - to as low as 0.055%!

Bitstamp does probably possess the broadest range in fees out of all of the cheapest cryptocurrency exchanges mentioned in this article.

Analyzing the “0.05% - 5%” fee range, it’s safe to say that, if you land on the lower end of the fee spectrum, you can be sure that Bitstamp is surely a crypto exchange with the lowest fees. If, however, your transaction falls more towards the “5%” part, well… That’s very expensive!

But what about the platform itself? Regardless of the “cheapest cryptocurrency exchange” debate, it’s safe to say that Bitstamp is among the more-respected crypto trading platforms in the current industry. While the company did have some ups and downs, generally speaking, it would seem that the public perception surrounding them is actually very good.

Bitstamp is secure and very beginner-friendly. If you’re not looking to trade a whole lot of cryptocurrencies, and are simply interested in learning more about the process, it’s definitely an exchange worth checking out!

As you can probably tell from the title, Coinbase is a pretty big jump when it comes to fees, especially when compared to other exchanges on this particular list.

Naturally, you would probably not call Coinbase the “cryptocurrency exchange with the lowest fees”. If so, though, why is it on this list?

Because of a pretty simple reason, actually - Coinbase offers its users an amazing compromise between fee expenses and UX - user experience.

You see, as noted in the heading, Coinabase’s fees range from 1.49% up to 3.99%, depending on the region you are located in, the amount of crypto that you’re trading, whether you’re the sender or receiver, and so on. Naturally, those fees are quite high - there’s no denying that.

Having said that, though, Coinabse offers its users amazing usability features, and ensures top-tier security.

The exchange itself is very simple and straightforward, utilizing a minimalistic design. This is great for beginner traders, since you won’t be overwhelmed with a load of different, advanced features.

Finally, it’s also worth pointing out that Coinabse has some great customer support. Users report that, whenever they’d encounter some troubles, the support would always be very helpful and friendly - definitely nice to know!

HTX is a veteran cryptocurrency exchange that’s been around for around ten years. Founded and established in 2013, the platform survived multiple crypto winters, and has come out on the other side as both one of the cheapest crypto exchanges, as well as one of the easiest to use, in general.

HTX features a very user-friendly interface - if you’re a beginner in the field, and are looking for your very first crypto exchange, HTX will allow you to both trade all of the main crypto coins and tokens that you’ve heard about, as well as do so in a simple and straightforward manner.

To add to that, the exchange features 24/7 customer support - something that’s become extremely valuable with modern-day crypto service platforms. Thus, no matter what kind of questions you might have, or troubles you might face, there will always be support agents on the other side, ready to help you!

Fee-wise, for “normal” traders, HTX employs a base fee of 0.2% (for both market makers and takers, alike). The more HTX tokens (HT) that you hold on your account, the lower you will be able to make these fees go, too.

Professional traders have different fee levels that they can access, depending on how much volume of crypto they trade in a 30-day period, in BTC, as well as the amount of HTX tokens that they hold.

All in all, HTX is certainly one of the cheapest crypto exchanges on the current market!

CEX.IO is one of those crypto exchanges that keep popping up here and there, but is still sometimes forgotten when talking about the best and cheapest cryptocurrency exchanges. Well, I’m here to tell you - that should not be the case.

Cex is an amazing crypto trading platform - it’s used by many people, and most of the reviews regarding it are more-than-positive.

You’ll notice how much the platform cares about the safety and well-being of your crypto coins as soon as you register and first log in to the site. 2FA, email notifications, and so on - Cex really does a good job of informing you about any and all login attempts, no matter if they’re made from a trusted device or not.

Fee-wise, Cex is also right up there with the other “big players” - the platform’s fees range from 0% up to 0,25%, which is very similar to those found with Kraken. Also, same as with Kraken, Cex’s fees are very favorable for any and all aspiring cryptocurrency traders.

Coinmama is one of the best-known names in the cryptocurrency exchange industry. Having a multi-year reputation as one of the most-reliable crypto exchanges, Coinmama has a lot to offer to its users!

At the top of the list, if you choose Coinmama as your go-to exchange, you can expect a beginner-friendly interface, fiat payment acceptance, top-tier security, and multiple other features.

As far as our list of the cheapest cryptocurrency exchanges goes, though, you're probably most interested in the fee side of the platform. Well, with Coinmama, the fees are going to range from 0.99%, all the way up to 3.9%.

The actual fees will depend on multiple different factors - how much crypto it is that you're trading, your loyalty level with the exchange, your chosen trading and (or) payment methods, and so on.

While Coinmama's fees aren't the *lowest* you'll come across, the exchange makes it up by providing its users with convenience, reliability, and a wide selection of additional features. On top of that, as you increase your loyalty level with the platform, you can expect the fees to go down, towards the lower end of the spectrum!

PrimeXBT is a multi-asset margin trading broker that gives traders access to crypto, forex, commodities, indices, and stock CFDs from a single account. Whether you're a short-term trader, long-term strategist, or looking to diversify across markets, PrimeXBT brings all the tools together in one place — all while keeping trading fees incredibly low.

The platform supports three core trading terminals:

• Crypto Futures platform with up to 500x leverage and fees starting at just 0.01%.
• PXTrader, a streamlined web and mobile terminal for CFD trading with 0% fees across all markets.
• MetaTrader 5 (MT5), the industry-leading desktop platform with advanced charting, Expert Advisors (EAs), and support for automated strategies. MT5 also offers 0% trading fees on crypto and traditional market CFDs.

In addition to margin-based trading, PrimeXBT offers a built-in Exchanger that allows users to swap between supported assets instantly, including fiat-to-stablecoin conversions. There are no added fees for conversions, just a small spread around the market price.

Traders can access over 130 crypto trading pairs, including top Layer 1 coins, DeFi tokens, memecoins, and more. All pairs are available for leveraged trading – either as CFDs on PXTrader and MT5 or as Crypto Futures. Trades and settlements can be made in both crypto and fiat-funded accounts, including BTC, ETH, USDT, USDC, and USD.

For Futures traders, maker fees are set at 0.01% and taker fees at 0.045%, with up to 67% in taker fee discounts available through the VIP program based on 30-day trading volume.

There are no deposit fees for crypto or fiat. Withdrawal fees are low, with support for multiple network options such as BEP20, TRC20, ERC20, and the Bitcoin network, giving users flexibility and cost control. The platform also supports a wide range of global payment methods, including Neteller, Binance Pay, SWIFT transfers, and popular regional e-wallets, depending on your location.

Finally, PrimeXBT also supports swap-free Islamic accounts, replacing overnight interest with fixed administrative charges – a suitable option for traders who follow Islamic finance principles.

If you want a feature-rich exchange that’s easy to use and doesn’t force KYC right away, WEEX is a strong pick. It’s a centralized exchange available in 130+ countries, including the US and Canada. Its interface is clean and familiar, which makes switching between spot, futures, copy, and P2P trading frictionless.

The exchange supports over 1,000 cryptocurrencies and more than 3,000 spot pairs, as well as plenty of perpetual USDT futures pairs with leverage of up to 400x. Also, there’s a demo futures mode with virtual funds, and copy trading where you can follow Elite traders (or become one and get an up to 20% profit share).

Security on WEEX is layered, featuring 2FA, anti-phishing protections, withdrawal address whitelisting, cold storage, multi-signature, proof of reserves, and even a 1,000 BTC protection fund. On top of that, WEEX claims to run independent third-party security audits and utilize AI-powered risk controls.

KYC is optional for core use – VIP 0 users can deposit, trade, and withdraw up to 10K USDT per day without verification. If you complete KYC, though, withdrawal limits jump to 1M USDT daily, with even higher thresholds at top VIP tiers (up to 15M USDT for verified VIP 8; 500K USDT for unverified VIP 8). The only feature for which you must pass KYC to access is P2P trading.

When it comes to WEEX's fees, spot trading costs start at 0.1% for makers and takers, while futures fees at 0.02% for makers and 0.08% for takers. However, the VIP club can further reduce these rates. To increase your VIP level, you have to trade more, hold WXT, the exchange's native token, or keep a higher asset balance.

Speaking of perks like the VIP club, WEEX offers various ways to earn rewards daily, including a hefty welcome bonus, daily Spin to Win, trading competitions, and a referral program.

WEEX Deal Active Right Now:

Are there any trade-offs, though? Well, all platforms have those. As for WEEX, fiat on-ramping is currently limited to P2P and supports a narrow set of currencies, so most users will have to fund their accounts via crypto deposits. Also, some WEEX reviews report experiencing slower customer support during busy periods.

The bottom line is that WEEX combines optional KYC, a huge supported crypto list, various trading features, low fees, and strong security into a smooth package. So, I'd say this exchange is great for beginners and pro traders alike, with only minor caveats that might not even bother most users.

BYDFi is a cryptocurrency exchange platform that aims to provide a user-friendly experience for both novice and experienced traders. While relatively newer compared to some established giants, BYDFi has focused on offering a diverse range of trading options. Some of BYDFi’s key features include:

• Spot Trading: Buy and sell cryptocurrencies at current market prices.
• Derivatives Trading: Trade cryptocurrency futures and options contracts.
• Copy Trading: Automatically replicate the trades of experienced traders.
• Mobile App: Trade on iOS and Android devices.
• Educational Resources: Guides and tutorials for learning about crypto trading.
• Trading Bots: Use automated tools to trade cryptocurrencies like a pro.

The platform supports more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi also aims to provide competitive trading fees by offering a flat maker/taker rate of 0.1% on its spot trading platform.

When it comes to security, BYDFi implements essential measures to ensure users' data and funds safety. It uses Amazon Web Services, multi-factor authentication and hardware verification, as well as SHA512 with 512-bit encryption to protect the system. Users can also use two-factor authentication (2FA) using Google Authenticator and SMS to protect their accounts.

OKX is a globally recognized cryptocurrency exchange that has established itself as a versatile platform offering both centralized and decentralized finance (DeFi) solutions. With support for over 350 cryptocurrencies, including popular assets like Bitcoin (BTC), Ethereum (ETH), and a variety of altcoins, it appeals to traders seeking both well-known and emerging digital assets.

OKX also has a comprehensive ecosystem that extends beyond traditional trading. The platform provides spot and derivatives markets, including futures, options, and pre-market perpetuals, catering to both casual and professional traders.

Additionally, OKX offers a Web3 wallet, enabling users to connect to dApps, swap tokens on-chain, and do much more. OKX also runs a Launchpad for early access to promising token projects.

Security is a core focus for OKX. It employs cold storage solutions to safeguard the majority of user funds, minimizing exposure to online threats. Multi-signature wallets, anti-phishing codes, and two-factor authentication (2FA) enhance account protection.

The platform also has a Cyber Defense Unit that monitors threats and employs advanced AI systems to detect fraud, block suspicious activity, and verify IDs. Additionally, OKX maintains a 1:1 reserve of all account assets on its platform and periodically performs Proof of Reserves reports to maintain transparency.