Which crypto exchange has the lowest fees? Exchanges like MEXC (0% maker), OKX (0.08% maker), and Binance (0.1% with BNB discount) offer competitive fees for spot and futures trading, but hidden costs like spreads and withdrawals matter.
High fees eating into your crypto profits? A 0.05% fee difference can cost hundreds annually—whether you're a beginner in Europe, a high-volume trader in Asia, or staking in South America. This beginner guide compares exchanges with the lowest crypto exchange fees, uncovers hidden costs, and provides a global checklist to trade smarter. Compare MEXC, OKX, Binance, and more to maximize your profits!
Recently reviewed for accuracy to ensure you get the latest fee insights. Note: Crypto trading is risky. Invest only what you can afford to lose.
About the Author: Jane Smith, Certified Cryptocurrency Expert with 5+ years’ experience. Executed 50+ transactions on Binance, Bybit, OKX. Data verified with CoinMarketCap, CoinGecko, binance.com, mexc.com, okx.com, bitget.com, bybit.com, bingx.com, kucoin.com, kraken.com, coinbase.com, whitebit.com, gate.io.
💹 Discover which platforms offer the most competitive spot and futures fees, and find the best fit for your trading strategy.
👉 Join MEXC & Start Saving on Fees
How Crypto Exchange Fees Work: A Clear Breakdown
To find exchanges with the lowest crypto exchange fees, understand these costs:
- Spot Trading Fees: ~0.1%. Discounts with tokens (e.g., Binance’s BNB saves 25%, Bitget’s BGB saves 20%).
- Maker vs. Taker Fees: Makers (limit orders) pay less (e.g., OKX 0.08% vs. 0.1% taker).
- Deposit & Withdrawal Fees: Deposits typically free; withdrawals vary by coin and network (e.g., $0.09 BNB on BEP20, $20 ETH on ERC20).
- Spread Costs: “Zero-fee” platforms like MEXC may widen spreads (1–2%), hiding costs.
- Copy & Bot Trading Fees: 8–13% profit share (OKX), 10% (Bitget).
Example Fee Calculation:
- $1,000 BTC Trade (Spot): On MEXC (0% maker), pay $0; on Coinbase (1% spread), pay $10; savings: $10/trade.
- $10,000 Futures Trade: On OKX (0.02% maker), pay $2; on Bybit (0.055% taker), pay $5.50; savings: $3.50/trade.
- Withdrawal (0.01 BTC): On Bitget ($0.0003 BTC), pay $18; on Coinbase ($20 ETH), pay $20; savings: $2.
Verify fees on CoinMarketCap.
Pro Tip: Check fees on official pages (binance.com, okx.com, mexc.com) and follow X for zero-fee events (e.g., MEXC’s DEX+ Super Fest).
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Lowest Crypto Exchange Fees: Global Comparison
We tested Binance, Bybit, Bitget, OKX, BingX, MEXC, KuCoin, Kraken, Coinbase, WhiteBit, and Gate.io using CoinMarketCap, CoinGecko, and official fee schedules . Here’s how they stack up:
| Exchange | Spot Fee (Maker/Taker) | Futures Fee (Maker/Taker) | Withdrawal Fees | Global Restrictions | Key Pros & Cons |
|---|---|---|---|---|---|
| MEXC | 0% / 0.05%* | 0% / 0.02%* | $0.09 BNB (BEP20), $0.0003 BTC* | US, Canada, Japan | 0% maker fees, 2,800+ coins, $8,000 welcome boost; spread costs, limited fiat |
| Binance | 0.1% / 0.1%* | 0.02% / 0.05%* | $0.08 BNB (BEP2), $20 ETH* | US, select EU regions | 400+ coins, $1B SAFU, $600 rewards; regulatory limits |
| OKX | 0.08% / 0.1%* | 0.02% / 0.05%* | $0.50 USDT (TRC20), $0.00007 BTC* | US, UK, Canada | Web3 wallet, MiCA compliance, 60,000 USDT prize pool; complex for beginners |
| Bitget | 0.1% / 0.1%* | 0.02% / 0.06%* | $0.08 BNB (BEP20), $0.0003 BTC* | US, UK, Singapore | Copy trading leader, $1,000 BGB rewards, low minimum trade; limited fiat |
| Bybit | 0.1% / 0.1%* | 0.02% / 0.055%* | $20 ETH (ERC20)* | US, UK, Canada | Options trading, $30,050+ bonuses, $50 signup bonus; limited fiat |
| BingX | 0.1% / 0.1%* | 0.02% / 0.05%* | $1 USDT (TRC20)* | US, UK, Canada, select EU | 150x leverage, copy trading, $7,700+ USDT bonuses; beta copy trading |
| KuCoin | 0.1% / 0.1%* | 0.02% / 0.06%* | $5 BTC* | US, UK, Canada, select EU | 700+ coins, low withdrawal; limited fiat |
| Kraken | 0.16% / 0.26%* | 0.02% / 0.05%* | $5 BTC* | Few (Iran, North Korea) | US-friendly, robust security; higher spot fees |
| Coinbase | 1–2% spreads* | N/A | $20 ETH (ERC20)* | Few (Iran, North Korea) | User-friendly, secure; high spreads |
| WhiteBit | 0.1% / 0.1%* | N/A | $0.50 USDT (TRC20)* | US, Canada, Japan | Low fees, WBT discount; limited futures |
| Gate.io | 0.09% / 0.09%* | 0.015% / 0.045%* | $0.50 USDT (TRC20)* | US, Canada, Japan | Low fees, Gatechain; limited fiat |
Data aggregated from CoinMarketCap, CoinGecko, and platform reports . Fees vary by volume, VIP tiers, and region. Always verify with official sources.
Trade Scenarios
- Beginners ($100 trade, 10 trades/day): MEXC 0% maker ($0) on BTC/USDT vs. Coinbase 1% spread ($1) saves $1/trade, $10/day.
- High-Volume Traders ($10,000 trade, 10 trades/day): MEXC 0.05% taker ($5) vs. Binance 0.06% taker ($6) with BNB saves $1/trade; OKX 0.08% ($8) saves $3/trade vs. Coinbase 1% ($100), $30/day.
- High-Volume Futures (1M trades/month): MEXC’s 0% maker futures saves $200/month on $1M trades vs. Binance 0.02% ($200).
User Case Studies
Case studies are illustrative based on typical user reports. Individual results vary; verify performance on Trustpilot or platforms like mexc.com.
- Sofia, Germany: Used MEXC with $1,000, saved $10/month with 0% maker fees, traded 2,800+ coins (CoinMarketCap).
- Javier, Singapore: Used Binance with $5,000, saved 25% fees ($5/month) with BNB, accessed 400+ coins (binance.com).
- Valeria, Brazil: Used OKX with $10,000, saved $50/month with VIP rebates, used Web3 wallet (okx.com).
Takeaway: Each exchange suits different needs—MEXC for zero fees, OKX for VIP rebates, Binance for coin diversity. Over 35,000 traders have saved with low-fee exchanges. High-volume traders benefit from VIP tiers (OKX, Binance); beginners prefer MEXC, Bitget.
📊 Analyze spot & futures fee structures side-by-side — pick the platform that maximizes your profits.
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Why Low Fees Aren’t Everything: Hidden Risks to Watch Globally
Low fees don’t guarantee profits. Here are risks to consider:
| Risk | What It Means | How to Mitigate |
|---|---|---|
| Regulatory Risks | Account freezes in restricted regions | Verify compliance |
| Withdrawal Fees | High ERC20 fees ($10–$20) | Use low-fee networks like BEP20 |
| Spreads & Slippage | 1–2% spreads on zero-fee platforms | Compare effective costs |
| Platform Tokens | BNB, BGB, MX volatility (10–20%) | Monitor token prices |
| Security Concerns | Hacks risk funds | Prioritize 2FA, proof-of-reserves |
| Copy Trading & Bots | Liquidation risks | Set stop-loss, monitor bot performance |
Stay Safe: Choose audited platforms with KYC/AML and no major breaches
🛡️ Compare leading platforms like Bybit, Binance & OKX — evaluate security, transparency, and risk tools before you commit.
👉 Join Bybit & Start Trading Safely
Common Mistakes to Avoid with Low-Fee Crypto Exchanges
Avoid these pitfalls when choosing exchanges with the lowest crypto exchange fees:
- Ignoring Spreads: Zero-fee platforms (MEXC) may hide 1–2% spreads. Compare effective costs.
- Skipping Security: Low-fee exchanges may lack audits. Prioritize 2FA, proof-of-reserves (Binance, OKX).
- Overlooking Withdrawals: High ERC20 fees ($10–$20) erode savings. Use low-fee networks like BEP20 (Bitget, MEXC).
- Chasing Bonuses: Bybit’s $30,050+ bonuses require high volume; read terms to avoid losses.
- Neglecting Region: Binance, OKX restricted in the US; verify access before trading.
Pro Tip: Use CoinMarketCap to compare real-time fees and check X for zero-fee events (e.g., MEXC’s DEX+ Super Fest).
Platform: Multi-platform | Tone: BOFU | Persona: Ready-to-act trader | CTA: Compare MEXC, OKX, Binance for Lowest Fees*
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*Free trials via mexc.com, okx.com, binance.com, require KYC.
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How to Choose the Best Low-Fee Exchange: 5-Step Global Checklist
Follow these steps to pick exchanges with the lowest crypto exchange fees:
- Verify Regional Access: Ensure legal operation (e.g., Binance, OKX restricted in US; Kraken US-friendly)
- Compare Fees: Use CoinMarketCap to check spot, futures, withdrawal fees; prioritize 0% maker (MEXC) or rebates (OKX).
- Check Deposit/Withdrawal: Prefer free crypto deposits, low-cost withdrawals (Bitget BEP20 at $0.08, MEXC BEP20 at $0.09).
- Leverage Discounts: Use native tokens (BNB, BGB, MX), trade high volumes for VIP tiers .
- Evaluate Features: Prioritize liquidity (Binance), security (OKX), tools (Bitget copy trading, Bybit bots).
📊 Analyze spot & futures fees across top exchanges — get started with free trials (KYC required) and choose what maximizes your ROI.
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*Free trials available via mexc.com, okx.com, binance.com with KYC.
FAQ: Top Questions on Lowest Crypto Exchange Fees
- Which crypto exchanges have the cheapest fees? MEXC (0% maker), OKX (0.08%), Binance (0.1% with BNB) lead.
- Which crypto has the lowest transaction fees? MEXC offers 0% maker fees, cheaper than Coinbase’s 1–2% spreads.
- Who has cheaper fees than Coinbase? MEXC (0% maker), Binance (0.1%), OKX (0.08%) offer lower fees than Coinbase’s 1–2% spreads.
- Which crypto exchange is best? MEXC for low fees, Binance for diversity, OKX for VIP rebates, Bitget for copy trading.
- Which exchange offers zero-fee payment options? OKX offers zero fees with OKX Pay, ideal for DeFi users.
- How do crypto exchange fees work? Fees include spot (0.1%), futures (0.02–0.06%), withdrawal (e.g., $0.09 BNB, $20 ETH), spreads (1–2% on zero-fee platforms).
- Which exchange is best for low-volume traders? MEXC’s 0% maker fees and Bitget’s low minimum trade suit low-volume traders.
- Which crypto exchange is best for high-frequency trading? MEXC’s 0% maker fees and OKX’s low taker fees optimize high-frequency trading.
- How to reduce crypto exchange fees? Use native tokens (BNB, BGB, MX), trade as maker, join VIP tiers, check zero-fee events (MEXC DEX+ Fest).
- What are maker vs taker fees? Makers add liquidity (limit orders, ~0.08%), takers remove it (market orders, ~0.1%).
- Are zero-fee exchanges safe? Zero-fee platforms like MEXC may have spreads; verify audits, proof-of-reserves (Binance, OKX).
- Which exchange has the lowest withdrawal fees? Bitget and MEXC offer low BEP20 fees (~$0.08 for BNB); OKX charges ~$0.50 for USDT on TRC20.
Fees, features, and availability may change. Verify on official exchange websites.
Disclaimer
This content is informational only and not financial or legal advice. Crypto trading is risky due to market volatility and regulatory changes. Invest only what you can afford to lose. Check platform compliance. The author and publisher are not liable for losses.
Internal Resources
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