Cheapest Cryptocurrency Exchange

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 user experience.

You see, Coinbase’s standard interface can be quite expensive, with instant buy, sell, and convert transactions typically including a 1% fee, or 1.5% for custom orders, along with a spread built into the quoted price. Additional payment method fees may also apply, depending on the region you are located in, the payment method you use, and other transaction details. Naturally, those fees are quite high - there’s no denying that.

That said, Coinbase Advanced uses a different maker-taker fee model, with trading fees ranging from 0.6% taker/0.4% maker at the lowest tier down to 0.04% taker/0% maker at the highest. So, while Coinbase’s simple interface is expensive, its advanced platform can be much more competitive for active traders.

The exchange also offers stablepair trading, where certain pairs (like USDC-based markets) benefit from reduced fees. For these pairs, maker fees can be 0%, while taker fees are extremely low, starting from fractions of a basis point, making them one of the cheapest options for high-volume stablecoin trading.

When it comes to deposits and withdrawals, crypto deposits are generally free, while withdrawals incur network (miner) fees that vary depending on the asset and blockchain conditions.

For fiat, fees depend on the payment method. ACH transfers are typically free for both deposits and withdrawals, while wire transfers cost around $10 to deposit and $25 to withdraw. SEPA transfers in Europe are also low-cost, usually around €0.15 for deposits and free for withdrawals.

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!

ChangeNOW takes a different approach to fees compared to every other exchange on this list. Depending on how you trade, it can actually work in your favor. Rather than charging a separate maker/taker percentage on top of the exchange rate, all fees are bundled into the rate you see before confirming the swap. What you see is what you get, no surprise deductions on arrival.

So, what does that actually mean in practice?

When you initiate a swap on ChangeNOW, several cost components get factored into the estimated output: the network fee for your deposit, any liquidity provider trading fees (ChangeNOW routes through partners like Binance, HTX, and KuCoin to find the best available rate), and the network fee for sending the exchanged funds to your wallet.

The platform offers two rate types, which affect how that bundled cost behaves. With the floating rate (called "classic flow"), the rate tracks live market prices, so you may receive slightly more or slightly less than estimated depending on conditions at the time of processing. With the fixed rate, the exchange rate is locked at the moment you confirm, meaning you know exactly what you'll receive, regardless of market movement during the transaction.

The fixed rate does sometimes come in slightly lower than the floating equivalent, as ChangeNOW absorbs the volatility risk. But for cost-conscious traders, the certainty can be worth it.

When it comes to crypto deposits, there are no fees charged by ChangeNOW itself, only the standard network fee from your originating wallet applies, which is normal across the industry. There are no withdrawal fees either, since ChangeNOW sends exchanged funds directly to your specified wallet address rather than holding them in an account.

For fiat-to-crypto purchases, ChangeNOW works with third-party providers including Guardarian, Simplex, and Transak. Fees for these transactions are set by the respective provider, not ChangeNOW, and vary by payment method and region. Card purchases typically fall in the ~3.5%–5% range, which is broadly in line with other fiat on-ramp services across this list.

It's worth noting that ChangeNOW does offer a tiered membership program called ChangeNOW Pro, with three levels: VIP (free), Emerald ($15/month), and Brilliant ($100/month).

Rather than offering lower exchange fees per tier, the Pro program is built around perks like cashback on swaps (0.1%–0.2% depending on plan), NOW token staking rewards, AML wallet checks, and off-chain conversions with reduced fees. For most casual altcoin buyers, the free VIP tier is more than sufficient.

That said, even without a Pro account, the core swap experience remains the same flat, all-in rate model with no surprise charges.

All in all, ChangeNOW won't win a race on raw percentage fees. But for users who want transparent, all-in pricing with no separate fee lines to calculate, it's one of the more honest cost structures on this list.

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.

Fee-wise, the amount you'll have to pay depends on your Prime level, which is determined by your 30-day spot/futures trading volume, previous day asset balance, or HTX asset balance.

At the very first level, Prime0, the fees go as follows:

Table: HTX trading fees for Prime0 user

As you climb the account levels, you'll reduce your fees. You can also reduce spot fees by 25% by covering them with the HTX token (or with point cards). When it comes to futures trading, paying with HTX can reduce your USDT-marginated futures fees as well.

Like most others, HTX doesn't charge for crypto deposits. Withdrawal fees, however, are dynamic and depend on the asset and blockchain network (e.g., ~0.00016 BTC or ~0.0012 ETH).

Internal transfers between HTX users are free, while external withdrawals reflect real-time network conditions and can vary accordingly. Fiat fees vary by method, with many bank transfers being free or low-cost, while some providers charge small fixed fees or around ~1%+ for withdrawals.

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!

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

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 reliable and secure. It also currently offers its users some surprisingly good fees, even though it generally falls into the mid-price range.

Addressing the Kraken in the room (I’m sorry), you can expect the trading fees of this cryptocurrency exchange to range anywhere from 0% up to 0.4%, depending on a few different factors (trading type, your trading volume, and sometimes even the assets involved).

That’s right - 0% fees are available, too, but you’ll have to be trading high amounts of cryptocurrency. That said, here are the starting fees for new users:

Table: Kraken trading fees for new users

There are also special fees for USDG pairs (maker – 0%; taker – 0.01%) and USDe pairs (0% for both), as well as a spot maker fee rebate on lower-liquidity spot pairs.

On Kraken’s standard interface, instant buy, sell, and convert transactions typically include a 1% fee (or 1.5% for custom orders), along with a variable spread built into the price.

Kraken also offers commission-free trading on 11,000+ stocks and ETFs, though some regulatory fees may still apply. xStocks have no trading fees when bought with USD or USDG, but purchases with other assets include a 1% fee and may also carry a spread.

Furthermore, the exchange generally offers free crypto deposits, while crypto withdrawals incur network-based fees that vary by asset. Fiat deposit and withdrawal fees depend on the method used. Bank transfers such as SEPA are often low-cost or free, while wire transfers may cost around $5–$50. Card purchases and certain payment providers can include higher fees, typically ranging from around 1% to 4% or more.

General reputation-wise, as mentioned above, Kraken isn’t generally popular for being a cryptocurrency exchange with the lowest fees - it’s actually considered one of the most secure and compliant spaces to trade crypto.

Also, Kraken supports over 500 different cryptocurrency assets. You’ll find all of the main, most well-known crypto coins on the exchange in question. Granted that you can buy the coins via a bank transfer or trade fiat pairs on the spot market, this surely makes the exchange a very convenient 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 0.02% for makers and 0.06% for takers, but you have the potential to get them down to as low as 0.01% for makers and 0.015% for takers at the VIP7 level.

Speaking of which, BTCC’s VIP program consists of 8 levels, going from VIP0 to VIP7. To increase your level, you have to increase your 30-day trading volume or your account's total value.

Trading volume-wise, to reach VIP2, you have to trade at least $5 million in 30 days (futures) or $500 thousand (spot). If you’re more of a holder than a trader, your account’s value has to reach $10 thousand.

However, if you want to have the lowest possible fees (reaching VIP7), you’ll have to hold at least $3 million worth of funds in your account. Alternatively, you have to have a 30-day trading volume of at least $1 billion for futures or $60 million for spot.

Do note that apart from discounts on fees, each level of the VIP program 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).

There are no fees for crypto deposits on BTCC. Crypto withdrawals incur network-based fees that vary by asset and blockchain conditions (for example, around ~0.0004 BTC or ~0.005 ETH). Fiat deposits are typically processed via third-party providers, which may charge around 2–3% or more, while fiat withdrawals are limited and may require converting to crypto first.

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.

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 it should not be the case.

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

Fee-wise, CEX.IO charges a 0.25% base fee for spot trading. However, you can lower it by increasing your trading volume to as little as 0.1%. The exchange doesn't distinguish between market makers and takers.

Naturally, crypto deposits are free, while fiat deposits depend on the method: card payments typically cost 0.49% to 4.99% (plus service fees), whereas bank transfers are cheaper (e.g., ~€2.99 for SEPA or ~0.1% for SWIFT).

Instant buy/sell transactions include a spread and can add roughly 1–3% or more to the total cost. For withdrawals, crypto fees are network-based (e.g., ~0.0005 BTC or ~0.01 ETH), while fiat withdrawals can cost around 0.49%–4.99% for cards or ~0.3% + $25 (minimum ~$50) for bank wires.

That said, 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.IO 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.

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 commission fees range from 0.99% up to 3.9%, depending on your loyalty level.

The actual fees will depend on multiple factors, including how much crypto you’re trading, your loyalty level with the exchange, and your chosen payment method.

In addition to the commission fee, Coinmama also charges a spread, and some payment methods, such as credit/debit cards, Apple Pay, and Google Pay, add a 4.99% fee, while Skrill and NETELLER charge 2.5%. Some bank transfer methods, on the other hand, are available with 0% payment fees.

While Coinmama's fees aren't the lowest you'll find, the exchange makes up for it by providing users with convenience, reliability, and a wide range 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!

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.

Crypto.com is a prominent player in the cryptocurrency world, offering a comprehensive suite of financial services centered around digital assets. Founded in 2016, the platform has grown rapidly, boasting a user base of over 100 million by mid-2024.

Crypto.com provides a user-friendly app for buying, selling, and trading around 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins. Beyond its exchange services, Crypto.com offers a non-custodial DeFi wallet, an NFT marketplace, and even a direct payment service for cryptocurrency transactions.

One of Crypto.com's most recognizable features is its Visa card, which allows users to earn cashback in CRO, the platform's native token, on their everyday spending. The card comes in various tiers, each offering different levels of rewards and perks, such as rebates on streaming subscriptions and airport lounge access.

Crypto.com also takes security seriously. It holds all customer assets deposited on our platform in institutional-grade reserve accounts on a 1:1 basis. Users’ accounts are protected by the latest security advancements, including Passkeys, HSMs, and FIDO2, as well as MFA methods like passwords, biometrics, and authenticator codes.

It also runs an active bug bounty program on Hacker One, where people can disclose security vulnerabilities on the platform and get rewards.

Gemini is a prominent cryptocurrency exchange established in 2014 by Cameron and Tyler Winklevoss with its headquarters in New York. It caters to both novice and experienced traders, offering a secure and user-friendly platform for buying, selling, and storing digital assets.

Currently, Gemini supports around 70 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and some meme coins like Shiba Inu (SHIB) and Pepe (PEPE). While this list is relatively limited to other big names in the market, it still allows users to diversify their portfolios and explore other investment opportunities.

The platform is known for its user-friendly interface, making it easy for newcomers to buy, sell, and manage cryptocurrencies. For more experienced users, Gemini provides ActiveTrader, a platform with advanced charting tools, multiple order types, and faster order execution.

Another notable feature is Gemini Earn, which allows users to earn interest on their cryptocurrency holdings. Security is also a cornerstone of Gemini's operations. The exchange implements robust measures to protect user assets and data, including:

• Cold Storage: The majority of user funds are stored in offline, air-gapped cold storage systems, safeguarding them from online threats.
• Two-Factor Authentication (2FA): Users are required to enable 2FA, adding an extra layer of security to account access.
• SOC Certifications: Gemini has achieved SOC 1 Type 2 and SOC 2 Type 2 certifications, demonstrating its commitment to industry-leading security standards.
• Insurance Coverage: Digital assets held in Gemini's hot wallet are insured against security breaches and fraudulent transfers.

All in all, Gemini stands out as a reliable and secure cryptocurrency exchange, offering a comprehensive suite of features tailored to meet the needs of a diverse user base.

Robinhood is a popular commission-free investment platform that gained widespread recognition for democratizing access to financial markets. Initially known for its user-friendly mobile app and commission-free stock trading, Robinhood has expanded its offerings to include options trading, exchange-traded funds (ETFs), and cryptocurrencies.

The platform's intuitive interface and simplified trading experience have attracted a younger generation of investors, making it easier for them to start investing with smaller amounts of capital. Robinhood's appeal lies in its ease of use, particularly for beginners who might find traditional brokerage platforms intimidating.

While Robinhood offers access to a growing number of cryptocurrencies, its selection is generally smaller compared to dedicated crypto exchanges at around 40 assets.

Despite that, Robinhood takes security seriously. It holds the majority of users' coins in cold storage, entirely disconnected from the internet. Robinhood also carries crime insurance that protects a portion of the assets held across its storage systems against losses from theft, including cybersecurity breaches.

The platform also provides multi-factor authentication on all accounts, so users can protect their assets even further. Last but not least, Robinhood maintains strong US regulatory compliance, holding licenses from the New York State Department of Financial Services and FinCEN.

Bitstamp is a safe and reliable platform. It currently has more than 5 million users and around 50 licenses and registrations. As for crypto offerings, Bitstamp supports around 130 different cryptocurrencies at the time of writing. These include popular options like Bitcoin, Ethereum, and Cardano. While this is decent for those who only focus on mainstream coins, it can feel a tad limiting if you're looking for more niche assets.

Speaking of buying crypto, Bitstamp lets you purchase digital assets directly with fiat using multiple payment options, including credit/debit card, Google Pay, and Apple Pay. This is great for complete beginners who want to start their crypto journey. But don't worry, experienced traders can also use the spot trading interface to get more control over their transactions.

Security is also a big factor to consider when choosing an exchange. While Bitstamp has experienced a hacking incident back in 2015, the platform now implements decent security measures to safeguard users' funds. It stores 95% of its assets in offline storage, implements a strong KYC verification process, and uses strong personal data encryption.

Besides trading, Bitstamp also offers a way for users to earn passive income through its crypto staking feature. Currently, the option is limited to only ETH and ADA. Annual yields are competitive: up to 3.10% on ETH and around 1.0% on ADA, with weekly or monthly payouts, depending on the asset.

That being said, the interface can be a bit confusing depending on how familiar you are with crypto-trading UI. Thankfully, you can easily switch between the Basic and Pro interface depending on your needs.

All in all, Bitstamp strikes a balance between beginner accessibility and professional-grade features. It may not have the flashiest design or the widest coin selection, but its solid reputation, strong security, and straightforward services make it a dependable choice for anyone looking to trade crypto with confidence.

Binance.US is a cryptocurrency exchange platform tailored specifically for users in the United States. It was launched in 2019 as a separate entity from Binance, the globally recognized exchange, to comply with US regulatory requirements.

While both platforms share branding and some technological infrastructure, Binance.US operates independently under BAM Trading Services and follows strict US financial regulations.

The main difference between Binance.US and the global Binance platform is the reduced number of supported cryptocurrencies and trading pairs. Due to US regulatory constraints, Binance.US offers fewer digital assets and features compared to its international counterpart.

For instance, certain tokens available globally may not be listed on Binance.US because of compliance concerns. Additionally, the exchange does not offer derivatives trading, which is a significant part of Binance’s global offering.

Binance.US is known for its relatively low trading fees compared to other US-based exchanges, making it an attractive option for cost-conscious traders. The platform supports various order types, including market, limit, and stop-limit orders.

Some key features of Binance.US include:

• Low Fees: Competitive trading fees, often lower than other US-based platforms.
• Limited Selection: Fewer cryptocurrencies compared to Binance Global.
• Staking: Earn rewards by staking supported cryptocurrencies.
• Regulatory Compliance: Operates under US financial laws and regulations.
• Simple Interface: User-friendly platform suitable for beginners and experienced traders.

Overall, Binance.US is a streamlined, regulation-compliant exchange designed to meet the needs of US cryptocurrency traders, although it sacrifices some of the global platform’s extensive offerings.

Bybit started out as a derivatives-exclusive crypto exchange. At this point in time, however, it's a thriving all-in-one platform that allows users to trade thousands of crypto assets and access additional markets like derivatives and tokenized products.

That being said, functionality and feature variety aren’t exactly the main focus of this list. Instead, let’s take a look at what makes Bybit one of the cheapest cryptocurrency exchanges.

The exchange utilizes a tier-based fee model. Meaning, there are different tiers you will fall into during your trading ventures on Bybit, depending on your 30-day trading volume or total asset balance. The tiers go from "Regular User" to Supreme VIP and then from PRO 1 to PRO 6.

PRO tiers are for institutional-level traders. The transition happens when a user increases their API trading volume to exceed 20% of their total trading activity. Plus, the user has to meet the minimum volume requirements. For example, Pro 1 requires a 30-day derivatives volume of $100M or a spot volume of $25M with >20% API volume.

That said, here are the starting fees for a regular user on Bybit:

Table: Bybit trading fees for the "Regular User" level

Moving down the VIP tier list, if you’re active enough on the exchange and trade bigger sums of crypto, you could go down to as low as 0.03% and 0% fees, for market takers and makers, respectively. The fees decrease similarly for other trading types as well.

This does, without a doubt, make Bybit one of the cheapest cryptocurrency exchanges on the market!

Furthermore, Bybit doesn't charge fees for crypto deposits, while crypto withdrawals incur fixed network fees that vary by asset (for example, around 0.0002–0.0005 BTC or 0.003–0.008 ETH, depending on network conditions).

Fiat deposits and withdrawals, however, depend on the payment provider and method, typically ranging from about 0.2% up to 3.99% for deposits, with additional bank transfer, conversion, or processing fees potentially applying to withdrawals.

Binance is undoubtedly one of the most well-known and widely used crypto exchanges on the market. Coincidentally (or is it?), it’s one of the cheapest cryptocurrency exchanges, too.

Binance crypto trading fees generally go up to 0.1% (except for fiat trading pairs). Note the “up to” part means the costs can be lower than that. That said, the fees you'll pay depend on the type of trading and your account level (which changes as your trading volume or BNB balance grows).

Here are the standard rates if your 30-day trading volume is up to $1M or you have 0 BNB in your balance:

Table: Binance trading fees for a regular user

As your account level increases, the fees decrease. For example, at the last level, VIP 9, the spot trading fee is 0.011% for makers and 0.023% for takers. Keep in mind that the fees sometimes also depend on the trading pair you choose, with occasional promotions for specific assets.

Deposits and withdrawals on Binance are highly dependent on the asset, method, and your country of residence. Crypto deposits are free, while withdrawals vary by asset and network. For example, a Bitcoin withdrawal costs 0.000015 BTC on the Bitcoin network VS 0.00000028 BTC on the BNB Smart Chain.

Fiat deposit and withdrawal fees on Binance also vary by currency and payment method. Deposits are often free or low-cost (e.g., via SEPA), though credit/debit card top-ups range from 1% to 4%. Withdrawals typically range from fixed bank transfer fees ($15-$50) to a percentage-based fee for card methods (around 1.9%).

So, is Binance the crypto exchange with the lowest fees out there? Well, it’s certainly part of that group, yes. A 0.15% trading fee, as the worst-case scenario, is actually quite amazing.

On top of having quite cheap trading fees, Binance is also very secure. The exchange employs a 2FA system to ensure optimal login security and uses advanced security features.

Thus, if you’re looking for a cryptocurrency exchange with the lowest fees and strong security, Binance is definitely one of the top options.

MEXC truly is one of the cheapest crypto exchanges I have ever seen. Its spot trading fees start at 0.05% for takers and 0% for makers (yes, 0%). Often, when you see the standard fee being 0.1% on a CEX, you get excited, but on MEXC, you need to pay half that.

When it comes to futures trading fees, it also doesn't disappoint and goes below the industry standard, charging a 0%–0.04% fee for makers and a 0%–0.1% fee for takers. But the good news doesn't stop here.

Table: Standard spot and futures fees on MEXC

The exchange has special spot trading pairs and futures contracts for which there are completely zero fees. Of course, this is subject to change, so make sure to always check out the newest special offers on MEXC.

Speaking of special offers, you can do wonders to MEXC fees with its native token, MX. For one, you can use the MX Deduction feature to get a 20% discount on spot and futures fees.

Besides that, if you hold 1,000 MX tokens or more, you'll get a 50% discount on all trading fees (the discount does not apply to BTC-related trading pairs, though). Just note that those two fee reduction options cannot be combined; once you qualify for the 50% discount, it will automatically override the 20% discount.

When it comes to deposits and withdrawals, like with most other platforms, crypto deposits are free on MEXC, while withdrawals incur network-based fees that vary by asset (e.g., ~0.0002–0.0005 BTC or ~1–20 USDT, depending on the network).

Fiat deposits are processed via third-party providers and typically cost around 3–5%, while direct fiat withdrawals are limited and may require transferring funds through another platform.

That said, MEXC is a clear option to consider when searching for the cheapest crypto exchange.

KuCoin is one of the older exchanges on this list - founded and established in 2017, the platform has survived the legendary "Crypto Winter" of 2018, and has managed to build a strong community backing, in the meantime.

While the exchange has a variety of different points that might appeal to its clients, I'm happy to say that trading fees are, in fact, one of those points. KuCoin has some of the lowest fees in the industry.

The interesting thing about KuCoin, however, is that it classifies base currencies for spot trading into three classes (A, B, and C), with fees that differ by class. Class A assets include BTC, ETH, XRP, and many other popular coins. Class B includes assets such as CRO, CHILLGUY, and FLOCK, while cryptocurrencies like HYDRA and TOSHI fall into Class C.

However, as with many other platforms on this "Cheapest Cryptocurrency Exchange" list, you can reduce your fees by increasing your account level (from VIP0 all the way to VIP12). To do that, you have to increase your KCS holdings, 30-day spot/futures volume, net borrowing, or the overall amount of assets you hold in your account.

Here are the base fees for VIP0 KuCoin users:

Table: KuCoin fees for VIP0 users

The lowest that you can get your trading fees for Class A assets is to -0.005% for market makers, and 0.025% for market takers (yes, the former is a rebate). These are amazing numbers, and they do definitely put KuCoin on the radar, for any small exchange fee hunters out there!

KuCoin doesn't charge fees for crypto deposits, while withdrawals depend on the asset and network used, typically ranging from around 0.0005–0.001 BTC, 0.005 ETH, or $1–$5 for stablecoins, depending on the chain.

Fiat deposit and withdrawal fees vary by payment method, with some options offering low fixed fees or small percentage-based charges, such as SEPA transfers costing around €1 or ~0.1% (with a minimum fee), or online banking deposits at roughly 0.25% + a small fixed fee. Other methods, like card payments or international transfers, may carry higher charges.

All in all, KuCoin is an established and well-respected exchange. The fact that it comes equipped with some low fees is definitely much appreciated.

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% for makers and 0.045% for takers.
• PXTrader, a streamlined web and mobile terminal for CFD trading with 0% fees across all markets (spreads apply).
• 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.

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 regarding the feature variety that Bitfinex employs.

Naturally, since this is a list of the cheapest cryptocurrency exchanges, you can imagine that Bitfinex fees are also very notable. And I mean very notable.

This is a major shift from the more traditional maker-taker structure the platform used in the past. Not only are these numbers very below the industry average, but it’s not common at all to find exchanges that would charge zero fees from the get-go.

Beyond trading, Bitfinex also keeps crypto, securities, and stablecoin deposits free of charge. Withdrawal fees depend on the specific asset and network used. Some withdrawals are free, while others come with fixed fees, such as 0.00006 BTC for Bitcoin or 0.001 ETH for Ethereum.

Fiat transactions, however, are more expensive, with bank wire deposits costing 0.1% (minimum $/€60) and bank wire withdrawals also costing 0.1% (minimum $/€100). Express withdrawals cost even more.

As of writing, Bitfinex supports over 250 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 other benefits associated with high-level crypto exchanges.