When picking out the right crypto exchange platform for yourself, there are many different factors that need to be taken into consideration. Security, coin support, transaction speed, and so on - all of these things are important. That said, though, today, we’ll be taking a look at the list of the cheapest cryptocurrency exchanges.
What does the “cheapest” stand for, you may ask? Simple - exchanges that have the lowest fees on the market. In other words, we’ll discuss 11 options of crypto exchange platforms that will take away the least amount of money from your transactions.
With that though, it’s worth mentioning that there are other things to keep in mind with the list below, too. Let’s get the details out of the way, first.
Cheapest Cryptocurrency Exchange: Things to Keep in Mind
So, the cheapest cryptocurrency exchanges - seems pretty self-explanatory, right?
To an extent, it is - but, as with most things in life, things are more intricate than they might appear at first glance.
Having the option to trade cryptocurrencies on the cheapest crypto exchange might be great, but you should always keep in mind the fact that there’s more to it than that. Specifically, I’m talking about one, single factor - security.
Even if you manage to find an exchange that takes away a 0% cut from your crypto trade (which is, admittedly, possible), if it lacks in the security department, you might actually “get taxed” more than on some of the more-expensive exchanges - in other words, all of your crypto assets might be stolen during or after the transaction.
While it does, admittedly, sound rather scary, that’s the harsh reality of it all - whenever dealing with anything related to crypto, you should always be extremely cautious.
That being said, though…
There are many cryptocurrency exchanges with lowest fees out there that are also actually really safe and secure. Assuming that you’re having trouble picking out the best one for yourself, this is what this list is here for, in the first place - without any further ado, let us talk about the 11 cheapest cryptocurrency exchanges on the current market.