With the increasing number of crypto exchanges, here are the top 10 exchanges with low fees and a great user interface.
Binance is probably the most famous and largest cryptocurrency exchange platform, averaging over 1.2 billion trading volumes daily with more than 1.4 million transactions per second. It was launched in 2017 and now works in Europe, Australia, Africa, and some states in the United States, spanning over 180 countries.
Binance is known for its industry-low fees and over 100 coins available for trading. It has an easy-to-use interface for casual crypto traders. Advanced traders can use the different trading order types, trading dashboards, and graphs to their advantage.
It charges a low fee for spot and general trading, especially if you use its native currency (BNB). Users can buy assets using bank transfer/deposit and cards with a 4.5% fee on debit card transactions. It charges 0.1% on trades, and users earn up to 10% interest rate by staking their assets.
Crypto.com, launched in 2016, is now available in 90 countries with over 200 cryptocurrencies. It provides a great mobile experience with its range of features, products, and supported assets. It runs on a mobile app only and currently has limited margin trading. Low-volume investors pay about 0.40% fees on their trades.
Crypto.com has a non-custodial wallet that users can link to their exchange accounts. The exchange has an intuitive interface that users can leverage for its crypto research, analyses, and educative materials to learn or upskill as traders.
Crypto.com features offline cold storage, a regulated custodian bank account for its fiat, and a regularly peer-reviewed software. Although it offers OTC trading, it does not have crypto-to-crypto trading options.
Kraken, launched in 2011, is one of the oldest US crypto exchanges, with over 7 million traders in 200 countries and a list of over 40 cryptocurrencies. It has a main trading and a professional trading (Kraken Pro) platform.
Kraken is the ideal exchange for active traders as it offers low trading fees, advanced charting, and over 13 order types. Users have access to margin and futures trading. The advanced trading tools and indicators with a relatively complex interface may be somewhat complicated for new traders.
Users can conduct transactions using MasterCard, Wire Transfer, and bank cards. It is a highly liquid exchange with a 0.26% trading fee depending on the trade. Although it promises 24/7 customer support, the customer service is poor. It has a high cybersecurity rating.
Coinbase, the best crypto exchange for beginners, was founded in 2012 and is currently available in over 130 countries with over 30 million users. It has a user-friendly design with easy trading processes.
Coinbase supports over 150 crypto assets, with over 2 billion worth of Bitcoin traded daily. It has strong user reviews and solid security ratings. It requires KYC and supports two-factor authentication.
It charges 3.99% on debit cards transactions and a 1.49% Coinbase fee. It charges a 0.5% spread fee on transactions. It has an educational platform that rewards users with tokens for learning there.
AABB Exchange is the exclusive cryptocurrency exchange launched in 2021 by Asia Broadband, Inc. It promises users 100% data invisibility to third parties. It features multilevel security with its passphrase and PIN code protection.
Although it is still very new, it has a very easy-to-use interface with trading tools that beginners can easily use. Aside from supporting private transactions, users can securely send cryptocurrencies through their email, SMS, or social media. The exchange can be accessed via the web and through the AABB Wallet.
The taker fees on its market exchange range from 1% to 2% of trades between $10k and $100k. For the limit exchange, the maker fee is between 0.04% and 0.15%, with the trader fee costing two times. While deposits cost nothing, 0.5% is charged on withdrawals.
Launched in 2014, Bittrex has over 300 cryptocurrencies listed on its platform. It is the ideal exchange for high-volume traders, and it supports crypto-to-crypto trading. While it is somewhat secure and fast, it lacks excellent customer service.
It charges no fee for deposits and withdrawals. However, it charges up to 0.75% on low-volume trades. It has an easy-to-use interface for beginners with an instant buy and sell feature that makes trading assets easier and fast.
Also, it supports third-party trading platforms and algorithmic trading via its APIs. It features a multistage holding strategy and two-factor authentication.
Gemini is a regulated US exchange platform launched in 2014 that offers custodial services, secure transactions, and insurance for crypto assets with the Gemini Wallet. It is a highly liquid exchange with a robust security framework.
Although it has an easy-to-use interface, it requires a lot of personal information and serves a limited number of countries. It has about 75 coins and several fiat currencies. Transactions involving debit cards attract a 3.49% fee. Trading fees go up to 0.4% fee on the active trader platform, while the primary platform charges a fixed amount on smaller trades and 1.49% on trades above $200.
Bisq, the best DEX, was launched in 2014 as an open-source, peer-to-peer crypto trading application. It has over 30 payment options and more than 100 tokens. Although it has an easy-to-use interface, the transaction speed is slow. It has no geographic restrictions and requires no KYC.
It is not designed for active trading and has a low trading volume. It features a security deposit and a multi-signature system. The trading fees can range from 0.05% to 0.88%, depending on whether the user is paying in BTC or BISQ.
Bybit was launched in 2018 to facilitate the instant buying and selling of crypto assets with its features. It is a smart, intuitive platform for trading cryptocurrencies. It has over 100 assets and provides 24/7 multilingual customer support.
It features spot trading, derivatives trading, API trading, and OTC lending. It has an easy-to-use interface with flexible strategies for new and experienced traders. It charges between 0.02% to 0.1% on trades depending on the volume. Charges on perpetual and futures trading range from 0.03% to 0.06%.
Huobi Global is one of the best exchange platforms for altcoins, with over 350 cryptocurrencies. While it has a quick signup process, users will have limited withdrawal and trading activities until KYC is completed.
It has relatively low trading fees, ranging from 0.015% to 0.2%, depending on the transactions. It offers advanced trading and different order types. It has a very easy-to-use interface.