If you have just decided to trade cryptocurrencies, it is important to choose a good exchange. Then, of course, you have to determine the best crypto exchange that fits your needs.
At this point, the question arises: What is a cryptocurrency exchange and how does it work?
A cryptocurrency exchange allows you to buy, sell, or swap cryptocurrencies for other digital or traditional currency like US dollars or Euro. It is similar to a stock exchange where you can buy and sell shares. The difference is that a cryptocurrency exchange offers only digital currencies while a stock exchange deals in stocks and bonds.
There are several hundred crypto exchanges on the market today. So it can be difficult to find the right one for your needs.
Today we will help you pick the right one for you! Below is a list of our top 9 favorite crypto exchanges ranked by lowest fees:
Crypto exchanges are a place where users can buy, sell, and trade cryptocurrencies. Exchanges make money via trading fees. The fees are often 0.5% to 1% of the transaction value and based on the daily volume of the exchange.
In this article, we’ll be ranking the top 9 crypto exchanges in the world with low trading fees. These exchanges make their money off their high daily volumes, so it’s in their interest to keep their customers happy by providing them with good deals.
Low trading fees are a huge draw for any broker, but in the cryptocurrency market, where traders are already taking on plenty of risk, low fees can make the difference between profitability and bankruptcy.
So it was only a matter of time before we put together a list of top crypto exchanges in the world with the lowest fees. But first…
A quick note: We’re not endorsing any exchange here, nor are we saying that these exchanges carry no risk. Instead, we’re just informing you of our findings after testing 80+ exchanges over the last 12 months.
Without further ado:
Binance is the largest cryptocurrency exchange by trading volume and one of our personal favorite exchanges to trade with. Founded in 2017, Binance has quickly risen to become the largest exchange of its kind worldwide in just under a year. The exchange offers hundreds of coins to trade with minimal fees (0.1%). Binance also allows users to trade with leverage (up to 125X) on its futures markets, offering some of the highest liquidity in the industry.
The exchange’s native token (BNB) gives holders access to discounts on trading fees and other benefits throughout the exchange. Binance was recently hacked for almost $40 million worth of Bitcoin. However, due to
A cryptocurrency exchange is nothing but an online platform that acts as an intermediary between crypto buyers and sellers. Depending on the types of services you expect from an exchange, you can choose between a centralized exchange or decentralized one.
There are dozens of exchanges available in the market. But which one is the best?
What criteria can we use to determine which cryptocurrency exchange is best for you? To help you find the best cryptocurrency exchanges, I’ve researched dozens of exchanges to bring you our list of top 9 cryptocurrency exchanges ranked by lowest fees. I’ve also included details about their trading volume and whether they offer fiat deposits or not. This will help you narrow down your choices and make a more informed decision.
With that said, here are my reviews of the top 9 crypto exchanges ranked by lowest fees:
OKEx
OKEx is the world’s largest cryptocurrency exchange by trading volume. It has a huge selection of digital assets and is one of the few exchanges that allow users to trade a variety of fiat currencies including USD, GBP, and EUR.
The exchange also offers its own token, OKB, which gives users special privileges on the platform. OKEx recently expanded its platform to Malta – one of the first major exchanges to do so in compliance with new regulations.
Maker Fee: 0% | Taker Fee: 0.15% | Deposit/Withdrawal fee: Varies
Kraken
Founded in 2011, Kraken is a cryptocurrency spot exchange that also offers futures contracts and margin trading. Kraken allows users to fund their accounts in Canadian dollars and has several Canadian dollar trading pairs. Kraken operates a small office in Halifax, Nova Scotia, that handles customer support and KYC verification.
Maker Fee: 0% | Taker Fee: 0.26% | Deposit/Withdrawal fee: Varies**
As the cryptocurrency industry is growing, so is the number of digital asset exchanges.
In this guide to crypto exchanges in 2019, we will take a look at some of the best, most popular and most secure exchanges out there.
We will also discuss some of their fees and security measures.
1. Binance
Binance is one of the world’s largest, most popular and most secure cryptocurrency exchanges. It offers more than 100 different trading pairs and also allows users to buy crypto with credit cards.
2. Coinbase Pro
3. Kraken
4. Bitstamp
5. Huobi Global
6. CEX.io
7. Gemini
8. Bisq
9. OKEx