Lowest Fee Crypto Exchange: Cryptocurrency Trading

Lowest fee crypto exchange allows you to trade with a low trading cost. Trading costs can be very high on some Cryptocurrency exchanges, with 0.50% for fairly common transactions. However, several Cryptocurrency exchanges are much more generous.

Some do not charge on makes (those that sell currency), some will even give makers discounts, and others will only have a fixed amount for makers and takers.

As a trader, you use Cryptocurrency exchanges which are more than reasonable with the trading fees they charge, as these fees can be very rewarding (especially if you are a regular and serious trader).

Lowest Fee Crypto Exchange: Cryptocurrency Trading

Here is a list of Cryptocurrency exchanges which are popular with sellers due to the low cost they charge. These are also exchanges that we know to be honorable and which deserve to be looked at. We’re sure of some of these sites that you already know about them, but we’re pretty sure there will be a new exchange on this list for everyone.

Lowest fee crypto exchange:

Binance 

Binance is a great option if you are looking for a crypto exchange known for its low trading costs. This exchange is probably the most popular at the moment, but it should be noted that it is a crypto to crypto exchange. This means that you must already have a Cryptocurrency with which they support trading before you can use the exchange.

Where this exchange is very different from that like GDAX is that it offers a wide choice of trading pairs. It is also much more user-friendly for beginners, more anonymous and this is what many believe to be a truly decentralized cryptocurrency exchange.

The trading fees at Binance vary depending on the trading pairs you use, but on average, you look around. 0.1% per transaction. Besides, you even get a 50% discount if you use Binance tokens, the exchange’s own cryptocurrency for your purchases.

Other major advantages of using Binance include a large number of cryptocurrencies they support when trading. All major coins can also be exchanged with a good selection of altcoins and tokens. 

Extremely low trading fees, 0.1% trading fees and 0.05% only

If you buy BNB, they use BNB to pay the standard transaction fees. You will then receive a 50% discount on the costs of all trading.

Large selection of cryptocurrencies

Popular and renowned fair

Also Read: Advantages of Blockchain in Banking

HitBTC

Another lowest fee of a crypto exchange is HitBTC. It is a Cryptocurrency exchange that has been around since 2014 and has become very popular since then. This popularity is mainly due to the low cost and the fact that you even benefit from a discount for creating liquidity on the HitBTC exchange.

By default, the taker fee is set at 0.10%, which is very good in itself, but if you are a maker, rather than paying a fee, you earn 0.01%. This comes from the tariff and makes it a great exchange for sellers.

Another great aspect of HitBTC is that it is incredibly user friendly for beginners. Newcomers to the world of Cryptocurrency trading can often feel overwhelmed and confused whenever they go into a Cryptocurrency exchange. At HitBTC, everything is made as easy as possible to understand and it offers a good exchange to get acquainted with Cryptocurrency trading.

Only the major cryptocurrencies can be traded here, but they allow you to use fiat currencies if you don’t already have certain cryptocurrencies to trade. 

Discounts for makers

Low taker price.

Suitable for beginners

Tidex

This is a new cryptocurrency exchange launched in early 2017. This exchange offers a low trading fee to its traders. This crypto-crypto exchange has more than 70 different currencies, coins, and tokens for a fixed amount of 0.1% for makers and takers.

It should be noted that you must have certain cryptocurrencies before you can make transactions here. If you don’t have one, you can always buy them in another exchange and bring them here afterward. However, since it is the only crypto to crypto, this exchange offers much more anonymity since you never have to spend fiat currency for the exchange.

As a relatively new exchange, Tidex has not yet implemented margin trading but has hinted that it will add this functionality in the future. Despite the lack of this functionality, Tidex offers a user-friendly interface and would be an ideal exchange for newcomers to cryptocurrency trading.

1% trading fee

Over 70 cryptocurrencies

User-friendly interface

CEX.io

In terms of trading costs, CEX.io is another great option for cryptocurrency traders. It is the lowest fee for crypto exchange. The cost you pay as a taker or maker depends on the 30-day value you incurred in the past 30 days. Standard prices start at 0.25% for takers and 0.16% for makers but can go up to 0.10% and 0.00%, respectively.

This fee schedule means that this cryptocurrency exchange is a great opportunity for those of you who are regular traders. On the other hand, if you are a person who does not trade too much, consider a slightly cheaper exchange by default.

Cex.io is a London-based cryptocurrency exchange, launched in 2013, which makes it easy to buy and sell BTC, ETH and DASH as well as margin trading of these cryptocurrencies against US dollar, the Euro and others. Although it offers more advanced trading options, we still believe that this exchange is suitable for beginners.

It’s not a large number of cryptocurrencies, but if those are the ones that interest you the most, CEX.io would be a good destination for cryptocurrency trading.

The trading costs are lower the more you trade.

Marginal trade also possible.

Based in London.

Bitfinex

It is another popular and cheap cryptocurrency exchange to use. This is another exchange that uses maker and taker fees instead of regular trading fees for all transactions.

By default, all pricing fees are set at 0.20%, regardless of the amount of a particular cryptocurrency purchased. In terms of maker fees, these start at 0.10% but will be even lower depending on the number of cryptocurrencies you sell. The more you sell, the lower the manufacturing costs because you add liquidity to the Bitfinex exchange.

Although Bitfinex charges maker fees, which the others on this list do not, they compensate for this by not charging deposits and withdrawals at all. This will appeal to too many, as these fees on other exchanges can sometimes be quite high.

There are nearly forty different cryptocurrency coins that can be traded on Bitfinex, another reason why it is a popular market for traders. All major coins are supported as well as some altcoins.

Low purchase price.

No withdrawal /deposit fees.

A good verity of coins to trade.

Also Read: Difference between Coinbase and Coinbase Pro

LakeBTC

This is another option if you are looking for an exchange with more than competitive trading costs. Where most of the exchanges on this list are exactly that, LakeBTC is both an exchange and a cryptocurrency broker. You can trade your cryptocurrencies with other traders via their exchange, or you can easily buy or sell your currencies with their brokerage service at current market prices.

As for the negotiation fees on this exchange, they vary depending on whether you are a maker or whether you take offers. A fixed-rate of 0.2% is charged for takers, and for makers, it is between 0% and 0.15% per trade based on their previous 30-day trading volume. Anyone whose trading volume is less than 20,000 BTC will be charged 0.15%, but these fees will be lower as you increase the trading volume.

LakeBTC is certainly a good cryptocurrency exchange and has been around for a while. It may not be as popular as it once was, but it can still be considered one of the leading trade shows. It also accepts certain fiat currencies.

Maker fee is between 0% and 0.15%

A good choice for cryptocurrencies

All in one i.e. exchange and broker

Cryptopia

It is a New Zealand based cryptocurrency exchange that is popular with traders. Cryptopia is mainly a crypto-to-crypto exchange but accepts NZDT fiat money if you want to buy cryptocurrency. It is popular for several reasons, one of which is the competitive business rates that apply.

All transactions are subject to a standard 0.20% trading fee, which is not the lowest in circulation, but it is certainly lower than most of the online cryptocurrency exchanges available today. It is also low enough to make our list. You will like the simplicity of commissions and their simple structure: you always know what you will be charged.

Cryptopia is also popular because it supports the exchange of a considerable number of cryptocurrencies and not just the main ones. There are so many trading options on Cryptopia to choose from, retailers will always have something to do on Cryptopia. It is also a respectable exchange that has existed since 2014.

Low standard trading fees of 0.20%

Launched in 2014

Hundreds of cryptocurrencies to trade

GDAX

GDAX is the first cryptocurrency exchange that allows trading in Bitcoin, Ethereum and Litecoin, it certainly has some of the lowest trading costs on the market. Thus making the GDAX the lowest fee crypto exchange.

They operate through a maker-taker model where traders selling cryptocurrencies (makers) do not charge a trading commission, while takers (or buyers) are 0.25% for the BTC markets and 0.3% for all other markets. Not all cryptocurrency withdrawals and deposits have associated fees, but as you might expect, there will be fees for depositing and withdrawing of fiat currency.

This exchange is operated and owned by the same company that owns Coinbase, another popular cryptocurrency exchange. GDAX was first launched in 2012 and is based in San Francisco in the United States. Coinbase has very high commissions, however, which is why GDAX has become one of the most popular cryptocurrency exchanges.

GDAX is not a fair that can be considered suitable for beginners and is designed with the most advanced trader in mind. Offers trade margin, market, limit, and stop purchasing.

Very low commissions

US-based

Owned by the same company that owns Coinbase.

Bittrex

This exchange has some of the highest trading prices on this list, but they are still quite competitive. Many other cryptocurrency exchanges have higher rates than Bittrex but do not offer half the quality of this exchange. The prices here are set at 0.25% for each action taken. So Bittrex is also the lowest fee crypto exchange.

Based in the United States another aspect of Bittrex is that they accept U.S. based traders, actually offer their platform to traders all over the world and have a fairly significant number of traders who use their exchange.

Bittrex was first established in 2014 and has since expanded its portfolio of accepted cryptocurrencies to over 250. This is why many traders appreciate Bittrex as it focuses not only on the major currencies but also on many of the smaller ones. However, there is no margin trading available, which is somewhat disappointing. But if you prefer to buy and sell, this is a good exchange to trade.

Accepts U.S. based merchants.

0.25% standard trading fees

250 plus cryptocurrencies

Conclusion

Lowest fee crypto exchange allows traders to trade at low rates. Many exchanges allow you to trade at low rates. The obstacle you need to overcome is whether your country is accepted crypto or not.  And also whether the wallet you use supports exchange.

Choosing the best cryptocurrency exchange for your specific needs can be a difficult and time-consuming process. Remember to pay attention to the prices, reputation, security, verification processes, and geographic services offered by an exchange platform. 

Remember that you are not limited to using a single cryptocurrency exchange. I hope the information provided will help you decide which exchange platform to use. Bookmark the article and take a look at our list of the best cryptocurrency exchanges when you want to try a new alternative during your business trip.

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