A quick breakdown of spot and futures maker/taker (lowest/highest) fees for every exchange reviewed on Cexfinder.
Tip: click table headers to sort.
Exchange | Spot Maker | Spot Taker | Futures Maker | Futures Taker | Native Token Discounts | Referral Fee Discount |
---|---|---|---|---|---|---|
Binance | 0.1% | 0.1% | 0.02% | 0.05% | 10% | |
BingX | 0.1% | 0.1% | 0.02% | 0.05% | 5% | |
Bitfinex | 0.1% | 0.2% | 0.02% | 0.065% | 6% | |
Bitget | 0.1% | 0.1% | 0.02% | 0.06% | ||
BitMart | 0.09% | 0.1% | 0.02% | 0.06% | ||
Bitrue | 0.098% | 0.098% | 0.038% | 0.07% | ||
Bitunix | 0.08% | 0.1% | 0.02% | 0.06% | 10% | |
BloFin | 0.1% | 0.1% | 0.05% | 0.06% | 5% | |
Bybit | 0.1% | 0.1% | 0.02% | 0.055% | 10% | |
CEX.IO | 0.15% | 0.25% | ||||
Coinbase | 0.6% | 1.20% | 0.4% | 0.6% | ||
CoinEx | 0.2% | 0.2% | 0.03% | 0.05% | 10% | |
CoinW | 0.2% | 0.2% | 0.04% | 0.06% | 20% | |
Crypto.com | 0.15% | 0.3% | 0.02% | 0.04% | ||
Gate.io | 0.1% | 0.1% | 0.015% | 0.05% | 20% | |
Gemini | 0.02% | 0.07% | ||||
HTX | 0.2% | 0.2% | 0.02% | 0.06% | 20% | |
Kraken | 0.25% | 0.40% | 0.02% | 0.05% | ||
KuCoin | 0.1% | 0.1% | 0.02% | 0.06% | 10% | |
LATOKEN | 0.49% | 0.49% | ||||
LBank | 0.2% | 0.2% | 0.02% | 0.06% | 15% | |
MEXC | 0.05% | 0.05% | 0.01% | 0.04% | ||
OKX | 0.08% | 0.1% | 0.01% | 0.05% | 20% | |
Phemex | 0.1% | 0.1% | 0.01% | 0.06% | ||
Pionex | 0.05% | 0.05% | 0.02% | 0.05% | ||
Poloniex | 0.2% | 0.2% | 0.015% | 0.05% | 10% | |
PrimeXBT | 0.01% | 0.02% | ||||
ProBit Global | 0.2% | 0.2% | ||||
Tapbit | 0.1% | 0.1% | 0.02% | 0.06% | ||
Upbit | 0.2% | 0.2% | ||||
WhiteBIT | 0.1% | 0.1% | 0.01% | 0.035% | ||
XT.com | 0.2% | 0.2% | 0.04% | 0.06% | 10% |
Table displays default trading fees without any referral discounts, native token discounts, VIP levels, or other methods. For deposit or withdrawal fees, visit our individual exchange reviews.
Exchange fees explained
All exchanges will charge fees for buying, selling, or trading cryptocurrency. For those new to crypto investing, here’s a breakdown and explanation of fees you can expect to pay, ways to reduce trading fees, and other fee-related questions.
Spot vs. Futures
- Spot refers to typical spot buying – purchasing Bitcoin, Ethereum, or other cryptocurrency, and being able to withdraw it from exchanges to other wallets.
- Futures refers to derivatives markets and perpetuals trading (i.e. not owning the underlying asset). This allows longing and shorting assets for the purposes of trading.
Taker vs. Maker
Simply put, Maker order is the minimum trading fee you will pay for buying or selling a crypto asset. On the other hand, Taker order is the maximum fee you will pay.
- Placing a limit buy order below current market price, or placing a limit sell order above current market price (i.e. position not filled immediately at market price, but is instead added to the order book and filled if price reaches your set level) will count as maker order.
- Maker order example: asset price is $10. Placing a buy order at $9 will not immediately fill, thus adding to the order book. Once your order is filled, you will be charged a maker fee. If current asset price is $10 and you place a buy order at $11, your order will be filled immediately and you will be charged a taker fee.
- Taker orders are buys or sells that fill immediately at any current market price, or orders filled through quick convert.
How to reduce trading fees
Most exchanges have additional ways to reduce trading fees. These typically include native token fee discounts, VIP level discounts, or referral code discounts.
1. Referral fee discounts
Easiest way to get substantial fee discounts at no cost or drawback is to use a referral code during signup. Cexfinder community enjoys special percentage fee discounts (rebates) on many exchanges. Simply using our signup links or referral/invitation codes during account registration makes you eligible for a lifetime fee discount. Only exception is Bybit, where the fee discount only lasts 30 days.
There are never any costs or drawbacks associated with using these codes. Your privacy is also respected, and exchanges will not share any of your personal data with us. The discounts typically stack with other methods that further reduce fees.
2. Native token discounts
Many exchanges have native tokens that can be used to reduce trading fees. Depending on exchange, this discount can be applied either by paying trade fees with the native token, or holding a specific amount or dollar equivalent of native tokens on the exchange.
Each exchange has a different way of handling native token discounts. It’s best to refer to our reviews for each individual exchange for specifics.
3. VIP levels
Nearly all exchanges will let you upgrade your user status to “VIP”, giving you substantial fee discounts. These discounts can in some cases reduce fees to 0%. VIP levels are not covered by our fees comparison table.
Each exchange has different requirements for VIP levels. These can be native token holdings, dollar-equivalent asset holdings on exchange, 30-day total trading volume, and similar requirements.
Fiat deposit and withdrawal fees
Fees covered by the table do not include deposit and withdraw fees. Nearly all exchanges will let you deposit cryptocurrency without fees. However, depositing local fiat currency such as USD or EUR will often have different fees associated. These fiat deposit fees depend on payment method and currency used. Typically, bank transfer deposits are much cheaper compared to card deposits.
Similarly, exchanges will charge withdraw fees. These are also dependent on asset (crypto or fiat), and method (bank transfer, card transfer, etc.). For accurate and up to date deposit and withdraw fees it is best to check each individual exchange, because these fees vary greatly. In some instances, no fees will be charged.
Find cheapest crypto exchanges
Cexfinder makes it easy to find an ideal crypto exchange for your needs. Alongside comprehensive filtering and sorting options and up to date exchange availability by country, the overview table on this page will also help you get a quick comparison of relevant fees for every major trading platform.
To find an exchange with cheapest fees simply sort our table by fees that are most important to you: spot or futures. Next, consider the native token discounts, and read our exchange reviews to find out how to use them. On exchanges such as Binance or KuCoin you can simply buy any amount of BNB or KCS native tokens, and use these altcoins to pay for discounted trading fees.
Lastly, Cexfinder community can also receive special discounted fees on select exchanges by using our invitation or referral codes. There are zero drawbacks to using these codes. Your goal is surely to own more crypto, so even a 10% fee discount can lead to noticeable savings in the long run.
Cheapest crypto exchanges:
MEXC | WhiteBIT | Gate.io | Binance | KuCoin | |
---|---|---|---|---|---|
Spot Maker Fee | 0.05% | 0.1% | 0.1% | 0.1% | 0.1% |
Spot Taker Fee | 0.05% | 0.1% | 0.1% | 0.1% | 0.1% |
Futures Maker Fee | 0.01% | 0.01% | 0.015% | 0.02% | 0.02% |
Futures Taker Fee | 0.04% | 0.035% | 0.05% | 0.05% | 0.06% |
Native Token Discounts | |||||
Cexfinder Link Fee Discount | 20% | 10% | 10% | ||
These cheapest exchanges are highlighted based on average spot and derivatives fees, deposit and withdraw fees, and additional fee discounts available. Our fee comparison page has a comprehensive and easy comparison of trading fees on all exchanges.