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Lowest Fee Crypto Exchanges - Why Are They Worth Your Attention?

Published: August 17, 2021|Last updated: August 17, 2021

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One of the key factors for profitable trading is how much commission the platform takes. Of course, any exchange must exist for some reason, so crypto exchanges with no fees are just impossible, at least not completely. 

However, there are low fee cryptocurrency exchanges that are very close to this, and can even offer 0% fees at certain levels or for specific trades. And if you’ve been wondering how to find the cheapest Bitcoin exchange, you’ve come to the right place because today we will review Bitcoin exchanges with the lowest fees and best crypto exchanges with low fees‌.

MEXC

The first in the list is probably a platform you’re familiar with—MEXC, one of whose key features is a very wide selection of tokens, often unavailable on other platforms, and extremely low fees.

To be more precise, MEXC offers 2655 coins on Spot and 531 trading pairs on Futures, with Spot Fees of Maker 0.000% Taker 0.020% and Future Fees of Maker 0.000% Taker 0.020%.

The deposit fee is also 0%, while withdrawal fees depend on specific coins and networks, as well as the minimum withdrawal amount.

It’s also worth mentioning that MEXC offers its own MX token, which not only grants access to many exclusive platform features but also further reduces fees.

This is one of the most affordable crypto trading platforms, especially if you want to buy and sell crypto directly, as well as find less popular coins in the market.

WEEX

Another important player among top exchanges with lowest crypto fees is WEEX, which places a strong emphasis on security and reliability, holding official licenses in key jurisdictions such as the USA and Canada.

WEEX offers its users 0% for Maker and Taker fees for spot trading if they complete full verification, while for Futures, they are 0.02% for Maker and 0.06% for Taker. However, WEEX also has its own WXT token, and its holders can get the added benefit of a 20% fee discount.

If you need the cheapest Bitcoin exchange which is secure and has all necessary licenses for operation in the USA and Canada, and low fees, WEEX certainly deserves consideration.

Bybit

If you’re looking for a more professional, advanced platform, and often use derivatives with the desire for low fees, Bybit is definitely worth your attention.

Famous for its advanced derivatives and Web3 integrations, it also boasts advanced technical solutions, supporting 135,000 transactions per second, along with robust security measures.

Naturally, Bybit is also known as one of the best platforms for low-fee crypto trading, offering 0.1% Maker and Taker on Spot, 0.055% Maker and 0.2% Taker on Futures, and 0.2% Maker and Taker on USDC Options.

Moreover, Bybit offers a tier system, and by progressing from VIP 0 to Pro 5, you can achieve 0.015% Maker and 0.005% Taker on Spot, 0.025% Maker and 0.1% Taker on Futures, and 0.1% Maker and 0% Taker on USDC Options.
If derivatives, advanced trading features, and low fees are your priority, consider Bybit. Also, check additional overview on Bybit Deposits, Withdrawal, and Fees.

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BloFin

BloFin is a newer platform compared to others, but one that has quickly gained popularity and earned its place alongside more established solutions, known for its advanced features, technical solutions, and friendly, accessible interface.

It also has a VIP tier system, but even at VIP 0, it proves quite attractive, with maker and taker fees starting at 0.1%. At VIP 5, the fees drop to 0.0125% for makers and 0.0375% for takers on Spot.

For Futures, fees are more dependent on trading volume, but when combined with the VIP level, you can achieve 0.02% maker and 0.06% taker fees.

If you need a friendly, accessible, and rapidly growing low-fee cryptocurrency exchange, BloFin may be a great fit for you.

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Conclusion

It should be said that crypto exchanges with no fees do not exist, as these platforms wouldn’t exist without fees. However, there are many high-quality and even advanced crypto platforms with very favorable terms. In this list of top exchanges with the lowest crypto fees, you can find what aligns with your priorities, trading type, coins of interest, and user experience preferences.

Remember, a platform is merely a tool that you need to study to use its features effectively, and you can do it with our comprehensive reviews. But to make informed and well-grounded decisions, it’s essential to constantly analyze events and evaluate everything comprehensively.

The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Alexandros

My name is Alexandros, and I am a staunch advocate of Web3 principles and technologies. I'm happy to contribute to educating people about what's happening in the crypto industry, especially the developments in blockchain technology that make it all possible, and how it affects global politics and regulation.


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