Cheapest Cryptocurrency Exchange

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!

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!

Figure Markets is a self-custodial platform designed for traders who want more control and smarter ways to leverage their digital assets. It’s one of the leading service providers for crypto-backed loans and decentralized lending.

As of writing this, Figure offers all BitDegree users a one-of-a-kind deal - you can receive a $50 bonus when depositing $500 or more. The yield on Figure Markets’ Democratized Prime feature goes up to 8.5%, and the interest rate of the aforementioned Crypto-Backed Loans is currently at 8.91% at 50% LTV (9.999% APR).

These numbers alone make Figue one of the best crypto lending platforms in the industry today. You can claim the aforementioned offer (and secure a crypto-backed loan) in a few easy steps:

• Create your account on Figure via this link;
• Deposit BTC, ETH or SOL as collateral for the loan. If your deposit is over $500, you’ll receive the $50 bonus;
• Once your collateral is approved, you’ll be able to get funded with a loan - simple!

There are no credit history checks included in the process, and no complicated paperwork is required to be filled out. As if writing this, it’s one of the easiest ways to get a Crypto-Backed Loan out there!

I’ve mentioned Democratized Prime, as well - this is a decentralized lending marketplace that works to connect your crypto assets with borrowers who are seeking liquidity. It’s a service for lenders, while Crypto-Backed Loans are for those looking to borrow.

Figure offers liquidation protection (for an extra cost), and the term for a loan is 1 year. All of the lending / borrowing happens in decentralized wallets, so there’s built-in blockchain protection involved, in addition to the features provided by the company in question.

While Figure Markets puts a strong focus on borrowing and earning, it doesn’t skimp on its core trading feature. The platform still offers a solid exchange experience for users to onboard with fiat and buy crypto, or connecting DeFi wallets and sending funds in to use with Figure Market’s products.

It’s especially ideal if you take a long-term view. The streamlined design, strong compliance focus, and smart yield tools give it an edge over the noise of typical DeFi platforms. You don’t need to mess around with complex setups or volatile governance models.

In short, Figure Markets is certainly worth checking out, whether you’re looking to trade crypto, borrow via Crypto-Backed Loans, or earn with Decentralized Prime!

Full Disclosures here: https://www.figure.com/

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.