Provider with the lowest fee

Top 5 Crypto Exchanges with the Lowest Fees

In the following overview you will find the cheapest crypto exchanges, sorted by overall score in our Crypto exchange comparison.

✅ We recommend these cheap crypto exchanges

When choosing a crypto exchange, the fees involved play a crucial role as they have a direct impact on your returns. Below we present four platforms that impress with their particularly low fee structures.

Bitget

Bitget is a Singapore-based crypto exchange that stands out for its low fees and extensive trading options. With a trading fee starting at 0.10% and over 800 tradable cryptocurrencies, it is aimed primarily at active traders. The platform supports advanced features such as futures trading with leverages up to 125:1, making it particularly attractive for experienced users.

You can find more information in our article on the Bitget experiences and the Bitget fees.

BingX

BingX is a crypto exchange known for its low fees and user-friendly interface. In futures trading, BingX charges a maker fee of 0.02% and a taker fee of 0.05%. As 30-day trading volume increases, fees can be significantly reduced. In spot trading, the fees for makers and takers are uniform at 0.1%. Here too, the fees decrease as the trading volume increases.

You can find more information in our article on the BingX experiences and the BingX fees.

MEXC

MEXC is a crypto exchange known for its extremely low fees. In spot trading, users can even trade as makers without any fees. As a taker you only have to pay 0.02% fees. Futures traders are also charged a 0% maker fee and a 0.02% taker fee, which are among the lowest rates of any crypto exchange. MEXC supports over 2,700 different cryptocurrencies, giving users a wide choice.

Why are low fees important on crypto exchanges?

The fee structure of a crypto exchange plays a crucial role, especially for active traders. High fees can significantly reduce your profits, which is why it is important to choose a platform with low and transparent costs.

Impact on profits and losses

Fees directly affect the profitability of your trades. If you trade frequently, costs add up quickly, reducing your profits or increasing your losses. Especially with small trading volumes or marginal price gains, high fees make the difference as to whether a trade is profitable or not. For long-term investors, deposit and withdrawal fees are important as these can take up a significant portion of the invested capital.

Different types of fees

Crypto exchanges charge different types of fees that you should be aware of:

• Trading Fees: These are incurred every time you buy or sell cryptocurrencies and are usually calculated in the form of maker and taker fees. Maker fees apply to users who provide liquidity, while taker fees are charged for removing liquidity from the order book.
• Deposit and withdrawal fees: These fees arise when transferring fiat currencies or cryptocurrencies to or from the Platform.
• Hidden costs: Some exchanges charge additional fees for certain features such as margin trading, futures or the use of leverage.

Understanding these types of fees will help you better plan the overall cost of your transactions and find a platform that meets your needs.

Comparison of provider fee models

The fee models of different crypto exchanges vary significantly and can be influenced depending on the platform, trading volume and use of certain features. An accurate cost comparison will help you make an informed decision and avoid unnecessary expenses.

Overview of maker and taker fees

Most crypto exchanges use a maker-taker model for their trading fees.

• Maker fees: These apply when you place an order that adds liquidity to the order book, e.g. B. a limit order. Maker fees are typically lower than taker fees.
• Taker Fees: These are charged when you execute an order that removes liquidity from the order book, such as a market order.

The amount of fees often depends on the trading volume. Exchanges such as Binance or Kraken offer tiered fee models where costs decrease as trading volume increases. Particularly active traders therefore benefit from more favorable conditions.

Additional costs and discounts

In addition to trading fees, there are often additional costs you should consider:

• Deposit and withdrawal fees: These vary depending on the payment method and currency. Some platforms offer free deposits for certain methods, while others charge fees for them.
• Hidden fees: Costs may apply for special features such as margin trading, staking or futures trading.

However, some providers offer discounts if you use their native tokens to pay fees. More on this in the next section.

Tips for reducing fees on crypto exchanges

To minimize your trading costs, you can use various strategies that will help you reduce fees efficiently. Here are two proven approaches that can provide you with long-term savings.

Use of exchange tokens

Many crypto exchanges offer their own tokens that you can use to reduce trading fees. Such a discount is available at Bitget with the BGB token, for example, but other exchanges also offer similar discounts. Using these tokens is particularly worthwhile for active traders, as the savings add up with every trade. However, be sure to include possible price fluctuations of these tokens in your calculations.

Comparison of deposit and withdrawal methods

Choosing the right deposit and withdrawal methods can also save on fees. Some exchanges offer free deposits for bank transfers, while credit card payments often incur higher fees. When it comes to withdrawals, the costs can vary greatly depending on the currency and method. It is worth checking the platform’s fee structure in advance and using alternatives such as SEPA transfers or crypto transfers, which are cheaper in many cases.

Frequently asked questions (FAQ) about the crypto exchanges with the lowest fees

In this section we answer the most common and important questions about cheap crypto exchanges.