Crypto Exchange Fees Comparison 2021

When it comes to trading cryptocurrencies, choosing the right crypto exchange is essential. Among the factors to consider is the fee structure adopted by the exchange. In this article, we will compare the fees of various crypto exchanges in 2021, helping you make an informed decision.

1. Binance

Being one of the largest crypto exchanges globally, Binance offers a comprehensive range of trading options. Binance charges a trading fee of 0.1% for both makers (those who add liquidity to the market) and takers (those who remove liquidity from the market).

2. Coinbase

Coinbase is a renowned cryptocurrency exchange known for its user-friendly interface. However, it comes with higher fees compared to other exchanges. Coinbase charges a fee of 1.49% for transactions below $200 and 3.99% for debit card purchases.

3. Kraken

Kraken is a well-established crypto exchange with a wide selection of cryptocurrencies available for trading. The fee structure on Kraken varies based on your trading volume. The fees range from 0.26% to 0.00% for makers and 0.16% to 0.10% for takers.

4. Bitstamp

Bitstamp is a popular choice for European traders due to its Euro-centric focus. The fees on Bitstamp start at 0.50% for transactions below $10,000 and decrease as the trading volume increases.

5. Gemini

Gemini is a regulated cryptocurrency exchange based in the United States. It charges a trading fee of 0.35% for both makers and takers. It should be noted that Gemini also offers fee discounts based on your monthly trading volume.

6. KuCoin

KuCoin is a relatively new entrant in the crypto exchange space but has gained popularity rapidly. It charges a flat trading fee of 0.1%, regardless of the trading volume. Additionally, KuCoin has its native cryptocurrency (KCS), which provides users with further fee discounts when used for trading.

Conclusion

Choosing the right crypto exchange involves considering several factors, and fees play a crucial role. While some exchanges have competitive fees, others may provide additional benefits or discounts. Ultimately, it's essential to assess your trading preferences and needs before joining an exchange.

How to Join?

If you are looking to join a crypto exchange, you can follow the step-by-step guide provided here. This guide will walk you through the process of signing up and getting started with your preferred crypto exchange.