Best Crypto Exchanges with the Lowest Fees

Low fee exchanges for crypto

Best Crypto Exchanges with the Lowest Fees

Kraken Pro, Binance, and Coinbase Advanced offer some of the lowest fees for centralized crypto trading, with Binance starting around 0.10% and providing 0% maker fees on limit orders.

Always trade on the advanced view using limit orders to avoid high taker fees, and look at the all-in exit cost including spreads and withdrawal fees rather than just the stated trading fee.

For daily purchases, Strike and River charge zero fees, while decentralized exchanges like Rubic can be better for small trades under $100 where centralized fees would eat into the total amount.

Top low-fee exchanges
  1. Binance Around 0.10% taker fees and 0% maker fees on limit orders
  2. Kraken Pro Competitive fees from 0.16% to 0.26% with a strong security record
  3. Coinbase Advanced Drops standard Coinbase fees to around 0.6%
  4. Strike and River Zero fees for recurring daily purchases
  5. Rubic A DEX option with no protocol fees for small trades
Best Crypto Exchanges with the Lowest Fees — infographic

When choosing a crypto exchange with low fees, prioritize reliable platforms like Kraken Pro or Binance, especially if you're making small trades where minute fee differences are negligible.

Top Low-Fee Exchanges

Kraken Pro offers competitive fees, typically ranging from 0.16% to 0.26%. "Kraken Pro starts at 0.16%/0.26% but people say it's safe and never been hacked."
Binance generally has lower fees among major exchanges, around 0.10%, with options for 0% maker fees if using limit orders. "Binance has 0% maker fees and 0.1% taker fees."
Coinbase Advanced significantly reduces fees compared to standard Coinbase, dropping from around 3.74% to 0.6% for similar trades. "For those in the US, you should choose Coinbase Advanced over the normal Coinbase."

Important Considerations Beyond Fees

Location matters as some exchanges have restrictions or are unavailable in certain countries, such as MEXC in the US. "Be sure that your country isn't prohibited before using Mexc or your funds could be frozen."
Maker vs. Taker Fees: Use limit orders on advanced trading views to pay lower maker fees and avoid higher taker fees and hidden spreads. "Whatever exchange you land on, get off the basic buy/sell page and place a limit order on the advanced trading view."
Overall Costs: Consider all-in costs, including trading fees, withdrawal fees, and potential spread, rather than just the stated trading fee. "Look at the all-in exit cost, not just the trading fee."

Alternatives for Specific Needs

Strike and River offer zero fees for recurring daily purchases, making them suitable for dollar-cost averaging strategies. "Strike and River have zero fees if you’re making daily purchases."
For small trades under $100, some users suggest decentralized exchanges (DEXs) like Rubic, which may not charge protocol fees. "Honestly, I stopped using CEXs for <$100 trades because fees always ate the whole trade."

Are you primarily looking for an exchange for small, frequent trades or larger, less frequent investments?

Key takeaways
  • Binance offers 0% maker fees on limit orders
  • Coinbase Advanced cuts fees down from 3.74% to 0.6%
  • Always use limit orders on advanced trading views
  • Calculate all-in costs including spreads and withdrawal fees
  • DEXs like Rubic can save money on small trades under $100
Common mistakes to avoid
  • Using the basic buy or sell page and paying high taker fees
  • Ignoring country restrictions which can result in frozen funds
  • Focusing only on trading fees while ignoring spreads and withdrawal costs
Quick tips
  • Place limit orders on the advanced trading view to get lower maker fees
  • Use Strike or River for zero-fee daily dollar-cost averaging
  • Switch to decentralized exchanges for trades under $100
FAQ
Why should I use Coinbase Advanced instead of regular Coinbase?
Coinbase Advanced drops the trading fee from around 3.74% on standard Coinbase down to roughly 0.6% for the same trades.
How can I pay zero maker fees on an exchange?
You can pay 0% maker fees by placing limit orders on the advanced trading view on exchanges like Binance, which avoids the higher taker fees and hidden spreads.
Are there zero-fee options for daily crypto purchases?
Yes, Strike and River offer zero fees for recurring daily purchases, making them ideal for dollar-cost averaging.
What happens if I use an exchange restricted in my country?
Your funds could be frozen, so always verify that your country is not prohibited before using an exchange like MEXC.
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