Cheapest Bitcoin Exchanges with the Lowest Fees

The cheapest bitcoin exchanges with the lowest fees on the market are growing every month with increased demand from investors. Not only do you need to use a secure platform, but you also need to look for low fees when you choose a Bitcoin exchange. Bad actors might try to steal your money by adding insanely high fees. This is why I’ve decided to help you out with this article.

We will take a deeper look at thes most important fees:

  • Trading fee
  • Deposit fee
  • Withdrawal fee

Below is a list of what I think are the cheapest bitcoin exchanges for 2021. Keep in mind that they have different fees depending on if you want to send a blockchain transaction, day trade bitcoin, or buy bitcoin with a credit card. This list is for all purposes and I’m sure you will find what you are lookin for, so take a minute to scroll through to find your exchange. Remember that it’s always safer to use a regulated exchange when it comes to buying and holding bitcoin on the platform.

You can check the full review to see which one of these crypto exchanges are using cold wallet storage for your digital assets while you keep them on the exchange. This is a must for any investor to consider if you are going to hold any amount on a centralized exchange. Out of all these platforms, Coinbase is by far the largest when it comes to active customers. This is greatly due to the security of the exchange and the current regulation.

Cheapest Bitcoin Exchanges compared

Regulation
Rating
Best for
Trading Fee
Minimum Account
4.16/5
Excellent
Regulated by
FinCEN
0.50%
2$
Investors
Quick Review
  • Established 2012 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP
  • Funding Mastercard, Visa, Bank transfer, PayPal, SEPA
  • Languages English, German, Spanish, French, Japanese, Italian, Polish, Portuguese, Russian, Turkish
  • Restricted countries Cuba, Haiti, Belize, Saint Lucia, Grenada, Saint Vincent and the
  • Products Cryptocurrency
  • Trading platforms Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 3
  • Order types MO – Market Order, SM – Stop Market, SL –
  • Support Contact Form, Phone Number, Email
  • High Security
  • Security Of Funds
  • Cold Storage Wallet
  • Fiat Account
  • Beginner Friendly
  • Trading App
Pros

Very safe cryptocurrency exchange
Easy to use
Trusted exchange reputation

Cons

Weak trading platform
Few altcoins
High exchange fees

4.08/5
Excellent
Regulated by
FinCEN, GFSC
0.25%
20$
All Traders
Quick Review
  • Established 2013 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, RUB
  • Funding Visa, Mastercard, SWIFT, Faster Payment System (FPS), SEPA, QIWI, Skrill
  • Languages English, Russian, Mandarin (Chinese), Italian, Portuguese, Spanish
  • Restricted countries
  • Products Cryptocurrency, Forex, Stocks, Metals
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Phone Number, Live Chat
  • Buy Cryptocurrency
  • Veteran Trading Platform
  • Fiat Account
  • Beginner Friendly
  • Margin Trading
  • Staking
Pros

Very easy to use for beginner cryptocurrency investors and traders
Regulated cryptocurrency exchange for extra security and trustworthiness
Cex.io is a veteran cryptocurrency exchange and has been live since 2013

Cons

Very poor trading interface for day traders and scalpers
Low-quality customer support
Few fiat currencies accepted

4.07/5
Excellent
Regulated by
FinCEN
2%
100$
Investors
Quick Review
  • Established 2013 Ireland
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, CAD, AUD, JPY
  • Funding Visa, Mastercard, SEPA, Apple Pay, SWIFT
  • Languages English, Spanish
  • Restricted countries Korea, Democratic People”s Republic of, Cuba, Syrian Arab Republic, Iran
  • Products Cryptocurrency
  • Trading platforms Webtrader
  • Devices Web, Desktop
  • Max leverage 1
  • Order types
  • Support Phone Number, Contact Form, Email
  • Buy Cryptocurrency
  • Veteran Trading Platform
  • High Limits
  • Instant Deposits
  • Fast Account Verification
  • Altcoins
Pros

Very user-friendly and well suited for beginners
Regulated in the US as a Money Service Business (MSB)
High spending limits for large traders

Cons

No mobile app for either trading or investing
No short-term trading available
No crypto wallet available, you are in charge of your own wallets

3.93/5
Trustworthy
Non-Regulated
0.10%
15$
All Traders
Quick Review
  • Established 2017 Malta
  • Type Cryptocurrency Exchange
  • Currencies EUR, USD, RUB, VND, TRY, MYR, THB, INR, PEN, MXN, CHF, COP, SEK, HUF, NOK…
  • Funding Bank transfer, Visa, Neteller, Skrill, Banco Brubank, PayPal, ABA Bank
  • Languages English, Spanish, German, Italian, Swedish, Russian, Turkish, Portuguese, Romanian, French
  • Restricted countries United States, United States Minor Outlying Islands
  • Products Cryptocurrency, Futures, Options, ETF, Derivatives
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 125
  • Order types SL – Stop Loss, IOC – Immidiate or Cancel, GTX
  • Support Live Chat, Email, Contact Form
  • Leverage Trading
  • Beginner Friendly
  • Daily Gainers & Losers
  • Altcoins
  • Short Selling
  • Customisable Interface
Pros

Great for beginner traders
Biggest Cryptocurrency Exchange
Many Special Features

Cons

Non-regulated
Relatively new platform
Not available for US traders

3.77/5
Trustworthy
Non-Regulated
0.10%
30$
All Traders
Quick Review
  • Established 2017 Seychelles
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, CNY, AUD, KRW, JPY, GBP, INR, IDR, CAD, RUB, BRL, TRY, PLN, PHP…
  • Funding Visa, Mastercard, Apple Pay, SEPA, Bank transfer, Cryptocurrency, WeChat, Alipay
  • Languages English, Russian, Dutch, Portuguese, Japanese, French, Spanish, Vietnamese, Turkish, Italian
  • Restricted countries
  • Products Cryptocurrency, Futures, Derivatives, ICO, ETF
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Live Chat, Contact Form
  • Instant Deposits
  • Trading Bot
  • Advanced Trading Platform
  • Staking
  • Lending
  • Trade Alerts
Pros

KuCoin is a very versatile crypto exchange and good all traders
Option to buy, trade, or short sell many cryptocurrencies
Both advanced and simple trading interface

Cons

Very slow live chat with problems to answer English questions
Non-regulated
The demo account version is not fully developed

3.71/5
Trustworthy
Non-Regulated
0.25%
20$
All Traders
Quick Review
  • Established 2015 Hong Kong
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, AED, ARS, AUD, AZN, BGN, BRL, CAD, CHF, CLP, CNY, COP, CRC…
  • Funding Mastercard, Visa, Apple Pay, Bank transfer
  • Languages English, Spanish, German, Portuguese, Russian, French, Hindi, Turkish
  • Restricted countries Cuba, Iran, Islamic Republic of, Korea, Democratic People”s Republic of
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 10
  • Order types MO – Market Order, LO – Limit Order, GTC –
  • Support Email, Live Chat, Contact Form
  • Altcoins
  • Price Prediction
  • Instant Coin Exchange
  • Beginner Friendly
  • Veteran Trading Platform
  • Quick Registration
Pros

Decentralized Cryptocurrency Exchange
Very easy to use
High limits for big investors

Cons

Slow charting package
Lack of trading tools
Non-regulated

3.61/5
Trustworthy
Non-Regulated
0%
125$
Investors
Quick Review
  • Established 2018 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, TRY, RUB, UAH
  • Funding Mastercard, Visa
  • Languages English, Spanish, German, French, Russian, Portuguese, Japanese, Vietnamese
  • Restricted countries United States, United States Minor Outlying Islands, Korea, Democratic People”s
  • Products Cryptocurrency
  • Trading platforms Webtrader
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1
  • Order types N/A
  • Support Email, Contact Form, Phone Number, Live Chat
  • No Account Registration
  • Altcoins
  • $0 Trading Fee
  • Instant Coin Exchange
  • Cashback
  • High Limits
Pros

300+ altcoins available
Great customer support
Very easy to use

Cons

No trading interface
Non-regulated
Only card payments

3.56/5
Trustworthy
Non-Regulated
0.10%
20$
All Traders
Quick Review
  • Established 2014 Malta
  • Type Cryptocurrency Exchange
  • Currencies USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP, CZK, GBP, DKK, HRK, HUF…
  • Funding Bank transfer, Visa, Mastercard, Apple Pay, iDEAL, Sofort
  • Languages English, Mandarin (Chinese), Spanish, French, Russian, Thai, Vietnamese, Indonesian (Bahasa
  • Restricted countries Hong Kong, Cuba, Iran, Islamic Republic of, Korea, Democratic People”s
  • Products Cryptocurrency, Futures, Options, Swaps, ICO
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 100
  • Order types MO – Market Order, LO – Limit Order, SM –
  • Support Email, Phone Number, Live Chat, Contact Form
  • Veteran Trading Platform
  • Security Of Funds
  • Mining
  • Promotions
  • Investment Product
  • Margin Trading
Pros

Option to use several financial crypto solutions like earn, mining, lending, and loans
Option to try the trading platform on a demo version before you start with real money
Trusted by millions and has been around since 2014, this is a good sign for any exchange

Cons

Non-regulated
Very poor customer support under high workload
The exchange looks like any other crypto trading platform

Cex.io

cex.io

ProsCons
 Regulated Exchange Not great for day trading
 Cheapest Card payments
 USD – EUR – GBP – RUB

Trading fee

Taker trading fee on Cex.io is 0.25%.

Maker trading fee on Cex.io is 0.16%.

Deposit and withdrawal fee

With exceptionally low card fees, Cex.io is one of the cheapest bitcoin exchanges of 2021.

Payment methodDeposit feeWithdrawal fee
VISA2.99%3%
Mastercard2.99%3%
S.W.I.F.T00.3%
ACHNot available0%
Domestic Wire Transfer0Not available
Faster Payments0No fee
SEPA0No fee
QIWI1.49%1.49%
Skrill3.99%1%
Epay01%

To find out more information about Cex.io, kindly vist our Cex.io review page.

Paxful

Paxful

ProsCons
Buy Bitcoin for free Active trading not available
Low transactions fees
Trusted platform

Trading fee

For sending bitcoin on the Paxful platform you pay between $0 and $20 depending on the size of your transaction.

Incoming transactions to your account are free of charge.

Deposit and withdrawal fee

The main reason to use Paxful is thanks to the 0% fee when you buy bitcoin.

This makes it esentially free to buy BTC.

Payment methodDepositWithdrawal
Bank Transfer00.5%
Credit/Debit Cards01%
Cryptocurrency01%
Online Wallets01%
Cash01%
Goods and Services01%
Gift Cards03%

OKEX

Okex

ProsCons
Strong security Non-regulated
Big Exchange
Great trading interface

Trading fee

When you start trading at OKEX you begin with 0.15% taker fee and 0.10% maker fee.

This makes OKEX one of the cheapest bitcoin exchanges to actively day trade on.

Remember that his scales up and the more you trade the lower your fees get.

Deposit and withdrawal fee

Payment methodDepositWithdrawal
Credit/Debit Card3.55%NA
Bank Transfer0NA
Cryptocurrency0Depends on currency

To learn more about Okex, check out our Okex review page.

Binance

Binance

ProsCons
Large platform Not for US investors
Great for beginners
Great for day trading

Trading fee

If you trade on the normal spot exchange you will pay 0.10% per trade.

If you use the BNB coin you will pay 0.075% per trade.

This is a scalable fee structure where a higher trade volume will give you cheaper trading fees.

Binance is currently one of the cheapest crypto and bitcoin exchanges on the market.

Deposit and withdrawal fee

For a full list of cryptocurrency deposit and withdrawal fees, click here.

Payment methodDepositWithdrawal
Bank Transfer0No fee
Credit/Debit Card3.50%3.50%
CryptocurrencyDepends of coinDepends on coin

To see more information about Binance, kindly visit our Binance review page.

Coinbase

Coinbase

ProsCons
Safest Bitcoin Exchange Not for active traders
Licensed platform
Very good reputation

Trading fee

The standard trading fee on Coinbase is 0.50%.

Deposit and withdrawal fee

Coinbase is not only the most secure BTC cryptocurrency platform, it is one of the cheapest bitcoin exchanges with a full license.

Payment methodDepositWithdrawal
Credit card3.99%2%
Debit Card3.99%2%
Bank Transfer01.5%
SEPA0€0.15

Check out our Coinbase review for more information.

KuCoin

kucoin

ProsCons
Professional trading interface Non-regulated
P2P Fiat Trade
Futures trading

Trading fee

To open a position on KuCoin you have to pay a fee of 0.10%.

If you decide to trade with the native token KCS your standard trading fee will be 0.08%.

These fees are scalable and in order to trade even cheaper, you need to increase your trade volume each month.

This makes KuCoin one of the cheapest bitcoin exchanges for large traders.

Deposit and withdrawal fee

Full list of all cryptocurrency deposit and withdrawal fees can be found on this page.

Deposit methodDepositWithdrawal
Credit Card4%NA
Debit Card4%NA
CryptocurrencyDepends of coinsDepends of coins

To learn more about this platform, visit our Kucoin review.

Changelly

Changelly

ProsCons
Instant Exchange Non-regulated
Several payment options
Trade from other platforms

Trading fee

If you trade in the spot market the starting trading fee on Changelly i 0.25%

Changelly is one of the cheapest instant bitcoin exchanges of 2021.

Deposit and withdrawal fee

Deposit methodDepositWithdrawal
Credit Cards5 – 10%5%
Debit Cards5 – 10%5%
Bank transfer0NA
CryptocurrencyDepends of coinDepends of coin

Check out our Changelly review for more information.

Bitcoin exchanges with the lowest trading fees

If you are a day trader looking for a cheap BTC exchange with low trading fees this guide will help you find what you are looking for.

Here is my top 5 list of the cheapest bitcoin exchanges for active traders:

  1. Prime XBT – 0.05%
  2. ByBit – 0.075%
  3. Binance – 0.10%
  4. KuCoin – 0.10%
  5. Phemex – 0.10%

These exchanges are also great if you are looking to short bitcoin or trade bitcoin with leverage since the low fee structure will stay for margin trading as well.

Keep in mind that there is a difference between the fees on a platform, there are two main fees:

  • Taker
  • Maker

Taker fees are generally the most common type of fees amongst traders and it is the fee you pay when you use market orders to take liquidity from the order book.

Maker fees are often cheaper and will sometimes even give you a cashback on your trades. Maker fees are the fees paid for adding liquidity to the order book.

Some platforms will even pay traders for adding liquidity to the order book and therefore the maker fee is very attractive in some cases.

Bitcoin exchanges with the lowest deposit and withdrawal fees

If you are a cryptocurrency investor and are looking for a cheap BTC exchange where the deposit and withdrawal fees are low this list below will help you out.

These are the top 5 cheaepst bitcoin exchanges in terms of deposit and withdrawal fees:

  1. Cex.io – 2.99%
  2. Paxful – Rate set by sellers
  3. Binance – 3.50%
  4. Okex– 3.50%
  5. Coinbase – 3.99%

If you are looking to deposit or withdraw digital currencies the platforms usually have a page to display all the different fees for each coin.

So head on to the platform and do some research if you are going to deposit a specific coin.

What’s great about these BTC platforms is that they offer a great variety of payment methods which makes them suitable for all traders around the globe.

Can I buy Bitcoin without an exchange?

Yes, it is possible but you will need a bitcoin wallet to make the transaction.

Cryptocurrencies and Bitcoin are the tokens of the blockchain and they are transferred between wallets, online.

In order for you to buy BTC without an exchange, you need to create a wallet, click here to read more about bitcoin wallets.

Then you need to find a seller that is willing to sell you their Bitcoin without an exchange.

Once you’ve got a seller you can deal which price you want to pay and then send the money through your bank accounts or PayPal for example.

Keep in mind that it is not recommended to buy bitcoin without an exchange since there is no security.

That is why I always recommend that you find a trusted bitcoin investment site if you are looking to invest.

Can I invest $100 in Bitcoin?

Yes you can invest $100 or less in BTC.

Many of the exchanges I’ve recommended in this guide will accept very small investments.

You do not need a big bank roll to invest in BTC, you can start with as little as $25.

Start by finding an exchange that offers your payment method and follow these steps:

  1. Create an account
  2. Secure the account
  3. Invest in bitcoin

To keep your bitcoins safe you can activate the 2FA verification or the Google Authentication code with your mobile phone.

Here are some bitcoin exchanges that will accept $100 or smaller investments:

Have a look and see which one suits you best, then make your investment.

Good luck!

Which Bitcoin wallet has the lowest fees?

Trying to find a cheap bitcoin wallet can be tricky, but this guide will help you along the way.

Here is my top 6 this list of bitcoin wallets with the lowest fees:

  • KeepKey
  • Trezor
  • Ledger
  • Coinbase
  • Ellipal
  • CoolWallet

If you need more information about BTC wallets, please head over to this article.

There you will be able to read about everything you need to know about these wallets, such as:

  • Fees
  • Price
  • Security
  • Storage type
  • Pros
  • Cons

Conclusion

In this guide, I list the cheapest bitcoin exchange with the lowest trade fees, deposit fees, and withdrawal fees.

There are many great platforms to choose from and these are the best of 2021.

You will be able to see tables with all the fees listed for each exchange.

In regards to cryptocurrency deposit and withdrawal fees, I’ve linked to the fee page on each exchange.

Good luck with your investing!

FAQs

In regards to low fees and high security, I would recommend either Binance, Coinbase, or Changelly. Trade or buy BTC with low fees and very good security.

In terms of Credit Card fees, it is Cex.io. If you are looking to day trade BTC with low fees it’s Phemex.

Yes on some exchanges you can buy Bitcoin for as little as $1.

If you want to invest with a credit card, Cex.io is the cheapest with a 2.99% card payment fee.