The cheapest bitcoin exchanges 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 the most important fees:
- Trading fee
- Deposit fee
- Withdrawal fee
Below is a list of what I think are the cheapest bitcoin exchanges.
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 looking 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.
For those of you who are larger investors and are looking for ways to buy large amounts of bitcoin in a safe way, I would recommend reading our article on the best bitcoin otc brokers.
Cheapest Bitcoin Exchanges compared
- 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
• Most secure digital asset exchange globally
• Easy to use and suitable for beginners
• One of the most used exchanges globally
• Weak trading platform for active day traders
• Few altcoins listed on the exchange
• Unfavorable transaction fees
- 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 Afghanistan, Bosnia and Herzegovina, Burundi, Central African Republic, Cuba, Korea…
- 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
• Very easy to use for beginner crypto investors and traders
• Regulated cryptocurrency exchange for extra security and trustworthiness
• CEX.IO is a veteran exchange that has been live since 2013
• Very poor trading interface for day traders and scalpers
• Low-quality customer support
• Few fiat currencies accepted
- 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
• Very user-friendly and well suited for beginners
• Regulated in the US as a Money Service Business (MSB)
• High spending limits for large traders
• No mobile app for either trading or investing
• No short-term trading option is available
• No crypto wallet available, you are in charge of your own wallets
- 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
• Great trading tools for active altcoin traders
• Largest crypto exchange globally by volume
• Easy to use for first-time traders
• Non-regulated
• Withdrawal fees are somewhat expensive
• Not available for US traders
- 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
• KuCoin is a very versatile crypto exchange and suits traders of all levels
• Option to buy, trade, or short sell hundreds of altcoins
• Offers both an advanced and a simple trading interface
• Very slow live chat with problems to answer English questions
• Non-regulated
• The demo account version is not fully developed
- Established 2015 Malta
- 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…
- Altcoins
- Beginner Friendly
- Price Prediction
- Instant Coin Exchange
- Trading App
- Quick Registration
• Decentralized crypto exchange
• Very easy to use
• High limits for large investors
• Slow charting package
• Lack of trading tools
• Non-regulated
- 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, Mobile App Android + Mac
- 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
• 300+ altcoins listed on the exchange
• Great customer support through live chat
• Very easy to use
• No trading interface
• Non-regulated
• Only card payments are available
- 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
• Option to use several financial crypto solutions like earning, 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
• Non-regulated
• Very poor customer support under high workload
• Lacks a proper educational hub
Looking for a different kind of exchange?
See our selection of crypto exchanges that we promote and review.
Choose between low-fee, day trading, fiat-to-crypto, investment sites, high-security, and altcoin exchanges.
Cex.io
| Pros | Cons |
| ✓ 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
CEX.IO has exceptionally low card fees.
| Payment method | Deposit fee | Withdrawal fee |
| VISA | 2.99% | 3% |
| Mastercard | 2.99% | 3% |
| S.W.I.F.T | 0 | 0.3% |
| ACH | Not available | 0% |
| Domestic Wire Transfer | 0 | Not available |
| Faster Payments | 0 | No fee |
| SEPA | 0 | No fee |
| QIWI | 1.49% | 1.49% |
| Skrill | 3.99% | 1% |
| Epay | 0 | 1% |
To find out more information about Cex.io, kindly visit our Cex.io review page.
Paxful
| Pros | Cons |
| ✓ Buy Bitcoin for free | ✘ Active trading is 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 essentially free to buy BTC.
| Payment method | Deposit | Withdrawal |
| Bank Transfer | 0 | 0.5% |
| Credit/Debit Cards | 0 | 1% |
| Cryptocurrency | 0 | 1% |
| Online Wallets | 0 | 1% |
| Cash | 0 | 1% |
| Goods and Services | 0 | 1% |
| Gift Cards | 0 | 3% |
OKEX
| Pros | Cons |
| ✓ Strong security | ✘ Non-regulated |
| ✓ Big Exchange | |
| ✓ Great trading interface |
Trading fee
When you start trading at OKEX you begin with a 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 method | Deposit | Withdrawal |
| Credit/Debit Card | 3.55% | NA |
| Bank Transfer | 0 | NA |
| Cryptocurrency | 0 | Depends on currency |
To learn more about Okex, check out our Okex review page.
Binance
| Pros | Cons |
| ✓ 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 deposits and withdrawal fees, click here.
| Payment method | Deposit | Withdrawal |
| Bank Transfer | 0 | No fee |
| Credit/Debit Card | 3.50% | 3.50% |
| Cryptocurrency | Depends on coin | Depends on coin |
To see more information about Binance, kindly visit our Binance review page.
Coinbase
| Pros | Cons |
| ✓ 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 method | Deposit | Withdrawal |
| Credit card | 3.99% | 2% |
| Debit Card | 3.99% | 2% |
| Bank Transfer | 0 | 1.5% |
| SEPA | 0 | €0.15 |
Check out our Coinbase review for more information.
KuCoin
| Pros | Cons |
| ✓ 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 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
A full list of all cryptocurrency deposit and withdrawal fees can be found on this page.
| Deposit method | Deposit | Withdrawal |
| Credit Card | 4% | NA |
| Debit Card | 4% | NA |
| Cryptocurrency | Depends on coins | Depends on coins |
To learn more about this platform, visit our Kucoin review.
Changelly
| Pros | Cons |
| ✓ 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.
Deposit and withdrawal fee
| Deposit method | Deposit | Withdrawal |
| Credit Cards | 5 – 10% | 5% |
| Debit Cards | 5 – 10% | 5% |
| Bank transfer | 0 | NA |
| Cryptocurrency | Depends on coin | Depends on 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:
- Prime XBT – 0.05%
- ByBit – 0.075%
- Binance – 0.10%
- KuCoin – 0.10%
- 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 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 cheapest bitcoin exchanges in terms of deposit and withdrawal fees:
- Cex.io – 2.99%
- Paxful – Rate set by sellers
- Binance – 3.50%
- Okex- 3.50%
- 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.
For you to buy BTC without an exchange, you need to create a wallet.
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 with 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 bankroll 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:
- Create an account
- Secure the account
- 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:
- Changelly
- Binance
- SimpleSwap
Good luck!
Have a look and see which one suits you best, then make your investment.
Related: Buy a fraction of Bitcoin
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
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 according to our review method.
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!
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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.