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Best Crypto Exchange with the Lowest Fees in 2025 – Trade for Less

February 21, 2025

Best Low Fees Crypto Exchanges: A Comprehensive Guide

Key Takeaways:

  • Fees vary widely; some exchanges offer free crypto withdrawals, while others charge based on network conditions.
  • Binance, KuCoin, Kraken, and Phemex offer some of the lowest trading fees and competitive withdrawal costs.
  • While DEXs may have lower trading fees, CEXs provide higher liquidity, faster transactions, and user-friendly interfaces.

As cryptocurrency trading becomes more popular, one of the most important factors for traders to consider is the fees associated with buying, selling, and transferring digital assets. So, whether you’re just getting started in the world of crypto or you’re an experienced trader, choosing a crypto exchange with the lowest fees can save you a significant amount of money in the long run.

Cryptocurrency exchanges serve as a marketplace where buyers and sellers can trade digital assets like Bitcoin (BTC), Ethereum (ETH), meme coins, and a wide range of other cryptocurrencies. However, just as with traditional stock exchanges, each transaction typically comes with some form of fee.

These fees can vary greatly between exchanges, and even small differences in fee structures can have a big impact on your overall trading costs, especially for high-volume traders. In this article, we will help you find the best crypto exchange with the lowest fees so you can maximize your profits.

crypto exchange with lowest fees

Why Low Fees Matter

The world of cryptocurrency is filled with exchanges offering a wide range of features, but trading fees are often the most significant cost involved in crypto trading. It doesn’t matter if you’re buying Bitcoin (BTC), trading altcoins, or withdrawing funds; every transaction on an exchange typically comes with some form of fee. The less you pay in fees, the more of your investment you get to keep.

What Fees Should You Watch For?

Before we go on to list the best crypto exchanges with the lowest fees, it's important to understand the different types of fees that can affect your overall trading costs. Some of the most common fees include:

1. Trading Fees

These are the fees you pay for each transaction you make on the exchange. They can be classified as maker fees and taker fees. A maker fee is charged when you add liquidity to the market by placing an order that doesn’t immediately match with an existing order, while a taker fee is charged when you take liquidity from the market by matching an order that is already placed on the order book.

2. Withdrawal Fees: 

Every time you transfer cryptocurrency to an external wallet, you'll pay a withdrawal fee. These fees can vary significantly depending on the exchange and the type of cryptocurrency being withdrawn.

3. Deposit Fees: 

When you deposit funds into an exchange, whether it’s fiat currency (like USD or EUR) or crypto assets, some exchanges charge a deposit fee. Crypto deposits usually don’t carry fees, but fiat deposits can sometimes have associated costs, especially if you're using bank transfers.

4. Other Additional Fees: 

Exchanges may charge inactivity fees if your account remains inactive for a certain period. They might also charge conversion fees if you exchange one cryptocurrency for another or if you convert crypto to fiat currency. Lastly, many low-fee exchanges might charge network fees if you’re transferring funds to an external wallet.

Top 9 Best Crypto Exchanges with the Lowest Fees

Here’s a list of the best crypto exchanges with the lowest fees:

1. Binance

Binance low-fee crypto exchange

As one of the largest and most popular exchanges in the world, Binance is a top choice for traders seeking low fees. It offers a competitive trading fee structure, starting at 0.10% for both maker and taker fees.

Additionally, Binance offers the option to pay fees using its native BNB token, which reduces costs by up to 25%. This makes Binance one of the best crypto exchanges for cost-conscious traders.

Key Features:

  • Trading fees are 0.10% for both makers and takers
  • Fee discounts for using BNB tokens
  • Low withdrawal fees for Bitcoin (BTC) and other cryptocurrencies

2. KuCoin

lowest fees cryptocurrency exchange KuCoin

Another great option for those seeking low fee exchanges is KuCoin. With a starting trading fee of 0.10% for both makers and takers, it’s among the most cost-effective platforms for buying, selling, and trading cryptocurrencies. Plus, if you hold KuCoin Shares (KCS), you can earn additional fee discounts.

Key Features:

  • Low trading fees at 0.10% for both maker and taker
  • Fee discounts with KuCoin Shares (KCS)
  • Wide range of crypto assets and trading pairs

3. Kraken

lowest cryptocurrency exchange fees

Kraken is another top-rated crypto exchange for low fees, especially for those interested in both spot and futures trading. Kraken operates with a tiered fee structure, which means the more you trade, the lower your fees. For high-volume traders, Kraken offers some of the lowest maker fees in the industry, making it one of the best options for low-fee crypto exchanges.

Key Features:

  • Trading fees are as low as 0.02% for maker and 0.10% for taker with high-volume trading
  • Reliable platform with strong security measures
  • Supports a variety of fiat-to-crypto deposits.

4. Phemex

lowest btc fees crypto exchange with Phemex

For those looking for zero-fee trading, Phemex is an excellent option. They offer zero-fee trading on spot markets, including Bitcoin (BTC). This means you can trade BTC without having to pay trading fees at all. While the platform does charge for futures trading, its zero-fee spot market option is attractive for crypto traders, especially for those looking for the lowest crypto trading fees in 2025.

Key Features:

  • Zero-fee trading for spot markets
  • Low crypto-to-crypto fees
  • Competitive futures fees for advanced traders

5. HitBTC 

HitBTC lowest BTC fees

HitBTC is a cryptocurrency exchange known for its extensive range of supported digital assets . Its tiered fee structure rewards high-volume traders with reduced rates, making it a solid choice for those looking for a crypto exchange with the lowest BTC fees.

Key Features:

  • Withdrawal fees vary by asset. For example, Bitcoin withdrawals have a fee of 0.0013 BTC.
  • Uses a maker-taker model with maker fees at 0.1% and taker fees at 0.2%.
  • Cryptocurrency deposits are free; fiat deposits are not supported.

6. Bitfinex 

Bitfinex for exchange fee discounts

Bitfinex is known for high trading fees for beginners but lower costs for professional traders. Maker fees range from 0.10% to 0.00%, and taker fees range from 0.20% to 0.055%.

If you’re a more advanced trader looking for an exchange with both competitive trading fees and high withdrawal limits (which can be increased by completing further KYC steps), Bitfinex is a great option. Better yet, Bitfinex also has some of the lowest BTC fees at 0.0004 BTC.for Bitcoin withdrawals.

Key Features:

  • Has a tiered fee structure based on 30-day trading volume
  • Cryptocurrency deposits are generally free. Fiat deposits may incur a fee, depending on the method
  • Withdrawal fees vary by asset
  • Bitfinex offers higher withdrawal limits for verified users

7. Blockchain.com

Blockchain.com crypto exchange platform

Blockchain.com offers a popular wallet service for storing and managing your crypto assets. This wallet allows users to store various cryptocurrencies, including Bitcoin (BTC), and send them to external wallets for low fees.

Key Features: 

  • Blockchain.com does not charge fees for depositing cryptocurrencies into your wallet.
  • Withdrawal fees vary by cryptocurrency and are dynamically calculated based on network conditions.
  • With specific trading fees, maker fees start at 0.40%, and taker fees at 0.45%, with reduced rates for higher trading volumes.

8. Bybit

Bybit lowest fee crypto exchange

Bybit is a cryptocurrency exchange known for its user-friendly interface and competitive fee structure. With a maker fee as low as 0% and a taker fee of just 0.1%, it's an attractive option for traders looking for a crypto exchange with the lowest fees in 2025.

Key Features:

  • Low trading fees where Both maker and taker fees are set at 0.1%.
  • Withdrawal fees varies by cryptocurrency. For example, Bitcoin withdrawals typically incur a fee of 0.0005 BTC.   
  • There are no deposit fees for cryptocurrency deposits. For fiat, fees depend on the payment method and currency used.

9. OKX

OKX low-fee exchange options

OKX is a prominent cryptocurrency exchange known for its comprehensive trading features and competitive fee structure, making it suitable for both beginners and experienced traders.

Key Features;

  • Trading fees range from 0.08% to -0.01%, depending on the user's 30-day trading volume and asset holdings, while the Taker Fee ranges from 0.10% to 0.06%.
  • OKX does not charge fees for cryptocurrency deposits.
  • Withdrawal fees depend on the specific cryptocurrency and network conditions.

Additional Tips for Minimizing Fees

To further reduce your overall costs when trading crypto, consider the following tips:

1. Use Exchange-Specific Tokens for Discounts: 

Many exchanges, such as Binance, offer fee discounts when you use their native token (e.g., BNB). Holding and using these tokens for trading can lower both maker and taker fees.

2. Trade Larger Volumes: 

Many exchanges reward high-volume traders with reduced fees. If you trade frequently or in large amounts, look for platforms that offer volume-based fee reductions.

3. Watch for Fee-Free Promotions: 

Some exchanges periodically offer fee-free promotions or exchange fee discounts on popular trading pairs like Bitcoin or Ethereum, helping you save on trading costs.

4. Be Mindful of Withdrawal Fees: 

Plan your withdrawals strategically to minimize costs, and consolidate multiple withdrawals into a single transaction when possible. If you don’t need immediate access to your funds, consider keeping them on the exchange to avoid unnecessary withdrawal fees.

5. Choose the Right Order Type: 

Placing limit orders often results in lower maker fees compared to market orders, which incur higher taker fees.

6. Choose the Right Withdrawal Method:

Certain withdrawal methods, such as bank transfers, may have lower costs compared to crypto withdrawals. Always compare options before withdrawing funds.

7. Use Low Fee Crypto Exchanges:

Many exchanges offer lower fees based on trading volume or account type. Choosing a crypto exchange with the lowest fees ensures you pay less over time. Luckily, there's plenty of low-fee crypto exchanges options on this list!

Are Centralized or Decentralized Exchanges Better for Low Fees?

When comparing centralized exchanges (CEXs) and decentralized exchanges (DEXs) in terms of crypto exchange fees, several factors come into play.

FactorCentralized Exchange (CEXs)Decentralized Exchanges (DEXs)
Trading FeesTypically 0.1% to 0.5% per transactionGenerally lower, around 0.05% to 0.3%, but includes gas fees
LiquidityHigh liquidity due to centralized order booksLower liquidity, which can lead to price slippage
Transaction SpeedFaster transaction timesSlower transactions, dependent on blockchain network congestion
Deposit & Withdrawal FeesMay charge fees, especially for fiat deposits/withdrawalsNo direct deposit/withdrawal fees, but users pay blockchain network fees
User ControlFunds are held by the exchange, requiring trust in the platformUsers maintain full control of their assets in their own wallets
Security RisksHigher risk of hacks due to centralized custody of funds.Lower hacking risk, but users are responsible for their private keys.

Security and Customer Support

While low fees are important, it's also crucial to consider the security measures and customer support offered by an exchange.

  • Security Measures: Look for exchanges that implement strong security protocols, such as two-factor authentication (2FA), cold storage for funds, and regular security audits.
  • Customer Support: Choose exchanges with responsive customer support that can quickly resolve issues, whether you are an active trader or a casual user.

Conclusion

When choosing a crypto exchange with the lowest fees, it’s important to consider various factors, including trading fees, withdrawal fees, spot trading fees, and deposit fees. Exchanges like Binance, KuCoin, Kraken, and Phemex offer competitive fee structures and low-cost crypto trading options.

However, be sure to also pay attention to withdrawal fees and limits, especially if you plan on moving your funds frequently. By carefully analyzing the fee structures of different exchanges, leveraging fee discounts, and taking advantage of promotions, you can ensure that you’re trading in the most cost-effective way possible.

FAQs

Q: What is the best cheapest BTC exchange?

A: Binance and KuCoin offer some of the lowest fees for BTC trading.

Q: Do crypto exchanges charge deposit fees?

A: Some crypto exchanges offer free crypto and bank transfer deposits, while others charge deposit fees.

Q: What are Cryptopia withdrawal fees?

A: Cryptopia's withdrawal fees varied depending on the crypto asset before its closure in 2019.

Q: What are Bitfinex withdrawal limits?

A: Bitfinex withdrawal limits depend on verification status and trading volume.

Q: What is the easiest crypto exchange to use?

A: Binance and Kraken are known for their intuitive and user-friendly interfaces, making them great for beginners.

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Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. Any mention of specific crypto exchanges, brands, or products is not an endorsement or recommendation. Always conduct your own research and consult with a financial advisor before making any investment decisions.