8 Best Crypto Exchanges with Lowest Fees in 2025 (OKX Referral Code: SUPER20OFF)

Crypto trading fees can quietly drain your profits with every transaction. Whether you're making quick day trades or building a long-term portfolio, finding exchanges with the lowest fees means you keep more of what you earn. This guide breaks down the top platforms where you can trade efficiently without watching your gains disappear into excessive costs.

List of Top Crypto Exchanges With Lowest Fees

1. MEXC: Zero-fee crypto exchange

2. OKX: Low fee exchange for advanced traders

3. Binance: Lowest fees for high-volume traders

4. Bitget: Cheapest Bitcoin trading platform

5. KuCoin: Best for trading altcoins with low fees

6. Bybit: Low fees leverage trading platform

7. Coinbase: Best for low fiat deposit fees

8. Kraken: Best for zero-fee USD deposits

Cheapest Crypto Exchanges – Detailed Review

1. MEXC: Zero-fee crypto exchange

MEXC is one of the best low-fee crypto exchanges. The platform offers 0% fees for makers and 0.02% takers in spot trading, which means you can trade without fees. This applies to all spot trading pairs, making it super beginner-friendly and cost-effective.

For futures trading, MEXC keeps the costs low too. Maker fees are 0%, and taker fees are just 0.02%. Plus, if you use MEXC's native token (MX) for fee deductions, you get an additional 10% discount on taker fees. These low rates are ideal for frequent or experienced traders dealing with high volumes, as savings can add up quickly.

MEXC is not just about low fees but boasts over 2,700 trading pairs. It gives you access to various crypto assets, from popular ones like Bitcoin and Ethereum to niche altcoins. The platform is known for fast listings of new coins, so it's a favorite for users chasing early investment opportunities. The exchange regularly runs promotions, such as zero-fee trading events or rewards for MX holders. Users can also enjoy weekly airdrops and other benefits, making trading even more profitable.

2. OKX: Low fee exchange for advanced traders

OKX is another cheap cryptocurrency exchange, offering low trading fees and a range of services. It is known for offering a user-friendly interface and advanced trading options. It supports millions of users in over 100 countries and provides access to 350+ crypto tokens and trading pairs.

OKX has a very competitive fee structure. For spot trading, the maker fee starts at 0.08%, and the taker fee is 0.1%. These fees can be reduced further based on your trading volume or if you hold OKB, the platform's native token. For futures, maker fees start as low as 0.02%, and taker fees are 0.05%. OKX uses a tier fee structure for discounts, where traders can benefit based on their 30-day trading volume or OKB holdings. VIP users can even enjoy maker fees as low as -0.001%, meaning they get rebates.

If you're looking for a platform that combines low costs with professional-grade trading tools, OKX delivers on both fronts. The exchange supports advanced trading tools like spot, margin trading, perpetual swaps, and options trading. It operates worldwide, except in regions with strict crypto regulations like the U.S.

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3. Binance: Lowest fees for high-volume traders

Binance is one of the lowest fees crypto exchanges for high-volume traders. They started in 2017 and have grown to be one of the top platforms worldwide. The main reason people love Binance is because of its super-low trading fees. They charge just 0.1% per trade for spot trading. If you use Binance's own coin, BNB, to pay your fees, you get a discount, making it even cheaper at 0.075%.

Another good thing is there are no fees for deposits when you're adding crypto to your Binance wallet. But if you're withdrawing, the fee depends on the blockchain you're using, which changes based on network traffic. Binance also offers advanced options like futures trading with 125x leverage. Here, fees are even lower, starting at 0.02% for makers and 0.05% for takers, which is super competitive compared to other platforms.

For U.S. users, Binance.US is available with zero-fee Bitcoin trading on selected pairs, called Tier 0 pairs. This is great for people who trade BTC often. For other trading pairs, fees are some of the lowest in the U.S. market, starting at 0.4% for spot trading. You can also get a 5% discount on fees if you use Binance's BNB token to pay.

Binance.US has a tiered fee structure, which means your fees can drop further if you trade more over 30 days. High-volume traders get discounts, making it even cheaper for active users. Besides this, staking rewards are available for supported coins, but a service fee of up to 35% may apply to those earnings.

4. Bitget: Cheapest Bitcoin trading platform

Bitget is considered as a cheap crypto exchange, especially for altcoin traders. For spot trading, Bitget charges a flat fee of 0.1% for both makers and takers, which is already lower than many other exchanges.

But here's the best part – if you use their native token, BGB, to pay for fees, you get a 20% discount, bringing the fee down to just 0.08%. This is a smart way to save on fees while holding their token. For high-volume traders, there's even a VIP program where fees can go as low as 0.02% for makers and 0.032% for takers.

If you're into futures trading, Bitget charges 0.02% for makers and 0.06% for takers, which is among the cheapest in the market. This makes it a go-to platform for anyone trading derivatives. On top of that, the platform offers tools like one-click copy trading to help beginners follow expert traders.

Deposits on Bitget are completely free, which is always a bonus. Withdrawal fees depend on the cryptocurrency but are adjusted regularly based on network costs. Another unique feature is their "zero fee" promotions for certain types of trades, like P2P transactions, making it even more cost-efficient.

5. KuCoin: Best for trading altcoins with low fees

KuCoin is a top choice among low-fee exchanges to trade crypto. It charges only 0.1% for spot trading, which is one of the cheapest out there. Even better, if you use KuCoin's token, KCS, to pay the fees, you get a 20% discount. This brings the fee down to just 0.08% per trade.

If you like futures trading, KuCoin's fees are still amazing. It charges 0.02% for maker trades and 0.06% for taker trades. It's perfect if you want to try out advanced trading strategies without spending much money. Plus, they have a VIP program. The more you trade or if you hold enough KCS tokens, you get even bigger discounts. At the highest VIP level, fees can go down to zero, and sometimes KuCoin even pays you a rebate to trade.

Another best thing is KuCoin doesn't charge you any deposit fees. You can add money to your account for free. Withdrawal fees depend on the coin you're taking out, but they're usually low and based on network costs, not extra charges from KuCoin.

The centralized exchange also supports over 700 cryptocurrencies, so there's a good chance you'll find the coin you're looking for. Plus, they sometimes run promotions like zero fees on selected trading pairs.

6. Bybit: Low fees leverage trading platform

Bybit is also one of the low-fee crypto exchanges. For Spot Trading, both maker and taker fees are just 0.1%. This rate is pretty low compared to many other exchanges. But if you trade more, your fees get even cheaper. For example, if you trade $10 million or more in a month, the taker fee drops to 0.075%, and the maker fee goes down to 0.0625%.

When it comes to Derivatives Trading, Bybit really shines. The taker fee is 0.055%, and the maker fee is only 0.02%. Plus, if you're a market maker (someone providing liquidity), you pay way less. This makes Bybit ideal for pro traders who love futures and options trading. There are no fees for deposits, but for withdrawals, a small fixed fee applies. For example, withdrawing Bitcoin costs 0.0005 BTC, which is a standard rate.

Bybit also has some fee discounts and even rebates for high-volume traders or VIPs. If you're a VIP trader, your fees can drop significantly, making it almost free to trade. There's even a negative maker fee rebate for specific trades, where Bybit pays you instead of charging you.

7. Coinbase: Best for low fiat deposit fees

Coinbase is a well-known crypto exchange, especially for users in the U.S., but it's not the cheapest when compared to global platforms like Binance or OKX. However, it offers excellent fiat deposit and withdrawal options for U.S. users, which can make it worth considering despite slightly higher fees.

Coinbase charges no fees for ACH deposits or withdrawals, making it a good option if you're moving money from a U.S. bank. If you need faster processing through wire transfers, they charge $10 for deposits and $25 for withdrawals in USD. For European users, SEPA deposits cost just €0.15, and withdrawals are free. UK users benefit from free deposits through SWIFT but face a small £1 fee for withdrawals.

When trading, Coinbase has a tiered maker-taker fee structure. For new users with less than $10,000 in monthly trading volume, taker fees are 0.6%, and maker fees are 0.4%. These fees get cheaper as your volume increases, dropping to as low as 0% for makers and 0.05% for takers if you trade over $400 million monthly.

For withdrawals of cryptocurrencies, Coinbase applies network fees depending on the congestion level of the blockchain. They also include efficiency measures like batching transactions to keep costs reasonable.

8. Kraken: Best for zero-fee USD deposits

Kraken is one of the best low-fee crypto exchanges that offers a solid mix of affordability, security, and features. Founded in 2011 in the U.S., it serves users in over 190 countries and supports more than 200 cryptocurrencies.

Traders appreciate its low trading fees, which follow a maker-taker model. Maker fees start at 0.25% and drop to 0% for high-volume traders, while taker fees begin at 0.40% and can fall to 0.10% as your 30-day trading volume grows beyond $10 million. This structure rewards active traders who add liquidity to the platform. Kraken keeps costs down with free crypto deposits and no fees for most fiat deposits, like USD via ACH or EUR via SEPA. Withdrawal fees vary by asset and network congestion.

The exchange also offers advanced trading options, such as margin trading with up to 5x leverage and futures trading with up to 50x leverage. Security ranks high at Kraken, which has never been hacked. It uses cold storage for most funds, two-factor authentication, and regular audits to protect users. The platform suits both beginners and pros with its two interfaces: the basic Kraken app for quick trades and Kraken Pro for detailed charting and tools.

Types of Fees on Crypto Exchanges

Trading Fees

When you trade on a crypto exchange, they charge "trading fees". These fees are usually split into two parts: maker fees and taker fees.

A maker fee is when you create an order that adds liquidity to the market, like setting a limit price for buying or selling. It's called a "maker" because you make the market active. A taker fee happens when you take an existing order from the market.

For example, if you buy Bitcoin at the exact price someone is selling, you're a taker. Maker fees are often a bit lower because you're helping the exchange by adding more trades.

Most crypto exchanges charge a percentage of your trade as a fee. For example, Binance charges a flat 0.1% for both maker and taker trades, while Coinbase Advanced starts at 0.4% but can go lower if you trade big amounts.

There are also fees for trading fiat money (like USD or EUR) for crypto, called fiat-to-crypto fees. If you already own crypto and trade it for another one, that's a crypto-to-crypto fee. Some platforms like Kraken charge less for crypto-to-crypto trades.

Deposit Fees

Deposit fees are when you send money or crypto to the exchange to start trading. Some platforms let you deposit fiat money for free through bank transfers, but if you use a credit card, they might charge you around 3%-5%. For example, Coinbase charges 3.99% for card deposits, which can be really high.

For crypto deposits, most exchanges don't charge anything. So, if you already have crypto in a wallet, it's better to send it directly to avoid fees.

Withdrawal Fees

Withdrawing is taking your money or crypto out of the exchange. If you're withdrawing fiat money, there might be flat fees, or it could depend on the method you use.

There's usually a fee for crypto withdrawals based on the blockchain's network cost, which is called "withdrawal fee". If you withdraw Bitcoin, it might cost you an average of 0.0005 BTC. Some cryptocurrency exchanges have fixed withdrawal fees, while others let you pay more to make the transaction faster.

Interest Fees

Interest fees are charges you pay when borrowing cryptocurrency or funds from an exchange or lending platform, often seen in margin trading or lending services.

On centralized exchanges (CEX) like Binance, interest is calculated as a percentage rate (e.g., 0.01% daily) on the borrowed amount, varying by asset and market conditions. Decentralized exchanges (DEX) with lending protocols, like Aave, also charge interest, set by supply and demand dynamics within smart contracts.

Borrowing Fees

Borrowing fees are specific costs tied to taking out a loan in crypto, separate from ongoing interest. On CEX platforms like Kraken, this might be a flat fee (e.g., 0.02% of the loan amount) charged upfront when you borrow funds for trading or leverage. In DEX ecosystems like Compound, borrowing fees are less common as standalone charges but can be embedded in the transaction's gas fees or protocol rules.

Liquidation Fees

Liquidation fees occur when your borrowed funds drop below a required value, triggering the platform to sell your assets to cover the loan. On Binance Margin, this fee is a percentage (e.g., 2% of the liquidated amount) taken when your position is forcibly closed due to insufficient margin. It protects lenders by ensuring debts are paid, even if the market crashes.

Other Additional Fees

There are some hidden fees too, like spreads, inactivity fees, or transfer fees.

A spread is the difference between the buying and selling price of a coin. Exchanges like Robinhood make money from spreads instead of showing a trading fee, so you might think it's free, but it's not. An inactivity fee is charged if you don't use your account for a long time. Not all exchanges have this, but it's good to check. Transfer fees happen when you move funds from one wallet to another or a spot market to a futures market.

Impact of Trading Fees

Trading fees can make a big difference when you buy and sell crypto. Even small fees can add up over time, especially if you trade a lot. Let me break it down in simple words so you can see how much trading fees matter.

Imagine you buy Bitcoin worth $1,000 on Binance. At 0.1%, you pay just $1 in fees. Sounds okay, right? But if you trade $1,000 ten times a week, that's $10 a week and around $40 a month just for fees.

Now compare that to Coinbase Advanced's 0.6% fee. For the same $1,000 trade, you pay $6. If you trade 10 times, that's $60 a week, which is way more expensive. This shows why low trading fees matter, especially for frequent traders.

Again, high trading fees also stop some people from trading small amounts. If you want to buy just $200 worth of crypto on Coinbase Simple with a 1.49% fee, you lose $2.98. That might not seem worth it to some people. Low fees make trading more affordable, even for small investors.

How To Reduce Crypto Trading Fees?

Pick Crypto Exchanges with Low Fees: Not all exchanges charge the same. For example, Binance has low fees at 0.1%, while MEXC has zero fees. Choosing a platform with lower trading fees will save you a lot of money in the long run. Always compare fees before you pick a crypto exchange.

Use Maker Orders Instead of Taker Orders: If you're a maker (adding orders to the market), you usually pay lower fees than a taker (buying or selling instantly).

Trade in Bigger Amounts: Many exchanges lower your trading fees if you are a high-volume trader. This might not work if you're new, but it's something to think about as you grow.

Pay Fees with Exchange Tokens: Some platforms have their own tokens that give you fee discounts. On Binance, if you pay fees with their BNB token, you get a 25% discount.

Avoid Using Credit Cards: Depositing money with a credit card can cost 3%-5% in fees on many platforms like Coinbase. Instead, use bank transfers or crypto deposits, which are often free or much cheaper. This small change can save you big.

Trade During Low Network Traffic: When the blockchain is busy, withdrawal fees go up because of higher network costs. If you can, wait until fees drop to withdraw your funds. Some wallets even show you the best times to make transactions.

Check for Fee Promotions: Many exchanges run promotions like "zero trading fees for the first month" or discounts on certain trading pairs. Keep an eye out for these offers.

Avoid Frequent Small Trades: If you trade small amounts often, you'll pay fees every single time. Instead, save up and make fewer, bigger trades.

Fee on Centralized vs Decentralized Exchanges: Do DEX have lower fees?

When comparing fees between centralized exchanges (CEX) like Binance or Coinbase and decentralized exchanges (DEX) like Uniswap or SushiSwap, it depends on a few things.

CEXs, run by companies, charge trading fees of about 0.1% to 0.6% per trade and often add withdrawal fees, like $1-$5, to take your money out. These fees stay the same and can get lower for people who trade a lot, but withdrawal costs hit small trades harder.

On the other hand, DEXs let you trade directly with others using smart contracts on blockchains like Ethereum, so there's no company taking a cut. Instead, you pay gas fees – costs set by how crowded the blockchain network is, ranging from $1-$5 when it's calm to $50+ when it's congested – plus a usual around 0.3% fee that goes to liquidity providers.

So, for high-volume traders, DEXs can be cheaper if gas fees are low, but high gas fees during network spikes make them cost more.

Taxes and Low-fee Crypto Exchanges

When you trade cryptocurrency, profits are subject to capital gains tax in most countries, calculated as the difference between your selling price and cost basis. Fees paid on exchanges – like trading, withdrawal, or gas fees – can often be deducted, lowering your taxable gains. Lower fees mean less to deduct, but also less profit erosion, leaving you with more after taxes.

FAQs

Which crypto exchange has the lowest spread?

Binance, OKX, KuCoin, and Bybit are the best centralized exchanges with very low or zero spreads. They often offer spreads close to zero, making them ideal for crypto traders wanting the best value. Binance is known for its high liquidity, which helps maintain tight spreads. Similarly, Bybit and OKX also provide competitive spreads for spot and futures trading.

What is the best crypto swap exchange?

Binance is the best exchange for crypto swapping because of its zero-fee "Convert" feature and a wide variety of coins. If you're interested in decentralized exchanges, Uniswap is excellent for Ethereum-based token swaps, while Raydium is the go-to for Solana blockchain swaps. Both offer fast and reliable token conversion without relying on a central authority.

Which exchange has the lowest ETH fees?

MEXC is the best for low Ethereum transaction fees. It stands out because it has 0% maker fees for many trading options. This allows you to buy and sell ETH with minimal additional cost. This is a game-changer in reducing overall expenses for high-volume and frequent ETH traders.

How do I exchange cryptocurrencies without fees or with low fees?

You can trade crypto with almost no fees if you are smart about it. MEXC and Binance are great because they offer zero maker fees for some trading pairs. Binance Convert and KuCoin Convert help you swap digital assets without extra costs sneaking in.

If you use the exchange's native token, you can get discounts on fees, which saves more money. Sometimes exchanges run promotions where they cut trading fees to zero for a short time, so keep an eye out for that. This way, you can make the most of your trades without wasting money on high costs.

Which crypto exchange has the lowest trading fees?

MEXC is a leader with 0% maker fees and 0.02% taker fees, making it the cheapest option for frequent users. Binance.US also provides zero fees for specific Bitcoin trading pairs, making it a good choice for those trading BTC.

Which crypto wallet has no transaction fees?

Trust Wallet is an excellent option for a crypto wallet with no transaction fees for storing and managing your cryptocurrencies. However, remember that while Trust Wallet doesn't charge internal fees, blockchain network fees may still apply when sending or receiving crypto.

Conclusion

Choosing a low-fee crypto exchange is essential for maximizing returns and minimizing costs on every trade. Platforms like MEXC, OKX, Binance, Bitget, KuCoin, Bybit, Kraken, and Coinbase each offer competitive fee structures tailored to different trading styles—from zero-fee spot trading to discounts for high-volume users. Whether you're a beginner looking for simplicity or an experienced trader seeking advanced tools, there's an exchange that fits your needs.

For traders who value professional features with cost efficiency, OKX stands out with its low fees, robust trading tools, and flexible tier structure that rewards active participation.

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