Best No-Fee Crypto Exchanges and Trading Platforms: Our Top Picks

We have reviewed more than 15 cheapest crypto exchanges and compared them based on their fees, trading features, security measures, user interface, and more.

In a world driven by digitalization, cryptocurrency has become an integral part of the financial landscape. As cryptocurrencies continue to gain popularity, many people are eager to trade them, but the high fees associated with traditional exchanges can be a deterrent. Fortunately, there are now several zero-fee crypto exchanges that allow you to buy, sell, and trade cryptocurrencies without paying any transaction costs.

In this guide, we’ll explore the best zero-fee crypto exchanges and show you how to trade crypto with no fees. We’ll also discuss the benefits of using a no-fee exchange and the factors to consider when choosing one.

Best Zero-Fee Crypto Exchanges and Trading Platforms: Our Top Picks

We have reviewed more than 15 cheapest crypto exchanges and compared them based on their fees, trading features, security measures, user interface, and more. Here is our list of the top 5 zero-fee crypto exchanges:

1. MEXC: Zero Maker Fee Crypto Trading Platform

Founded in 2018, MEXC has grown rapidly, serving 10 million users globally. The exchange supports over 2,500 cryptocurrencies, giving traders a wide range of altcoins and niche tokens. It also provides access to spot, futures, margin, and copy trading. MEXC’s user interface is designed to be user-friendly, making it easy to navigate for traders at all levels.

For security, the exchange employs multi-signature wallets, cold storage for most user funds, and PoR audits to protect user assets. It also offers two-factor authentication (2FA) and anti-phishing codes to enhance account security. You can read our complete MEXC review for a detailed overview.

2. Binance: Cheapest Fiat-to-Crypto Exchange

Binance is another top choice among zero-fee crypto exchanges. The exchange charges no deposit fees, making it easy for users to fund their accounts. Binance also offers a no-fee “Convert” feature. It allows you to convert between fiat-to-crypto, or between crypto-to-crypto, with zero fees. This means you can easily swap Bitcoin (BTC) for Tether (USDT) or vice versa without incurring any transaction costs.

Founded in 2017, Binance has quickly become the world’s largest cryptocurrency exchange by trading volume. As of 2024, it handles over $20 billion in daily trading volume and boasts more than 210 million registered users worldwide. Here is our full Binance review.

3. Lykke: No-Fee Cryptocurrency Exchange in the UK

Lykke is the cheapest crypto exchange in the UK that offers an attractive trading portal with no commissions on swaps and trading. This platform allows you to trade Bitcoin and Ethereum without worrying about the typical fees that can eat into your profits. Lykke’s fee-free structure applies to both taker and maker fees.

4. Phemex: Lowest Transaction Fee Crypto Exchange

Phemex is another prominent zero-fee cryptocurrency exchange in the digital asset market. This platform operates on a unique no-fee model that eliminates trading fees for its premium members. Instead of charging per transaction, Phemex offers a subscription-based service.

5. Deribit: Buy Bitcoin Without Fees in Spot Market

Deribit is generally known for low-cost futures and options trading. But, the exchange also supports zero-fee spot trading. On the spot market, Deribit charges 0% maker and 0% taker fees, ensuring that traders can buy and sell cryptocurrencies without incurring any additional charges. 

Top Zero Fee Crypto Exchanges Compared

How to Choose the Best No-Fee Exchange?

Choosing the best no-fee crypto exchange requires careful consideration of several factors:

How To Trade Crypto With No Fees?

Here’s how to trade crypto with no fees:

Conclusion

In a nutshell, zero-fee crypto exchanges have revolutionized cryptocurrency trading by eliminating transaction costs, making it easier for individuals to enter the market. These no-fee trading platforms, such as MEXC, Binance, Deribit, Phemex, and Lykke, offer various benefits, including cost-effective trading, robust security measures, and user-friendly interfaces. 

However, it is essential to consider factors like liquidity, supported cryptocurrencies, and security features when choosing the best zero-fee platform for trading.

FAQs

How do zero-fee exchanges work?

Zero-fee trading crypto exchanges operate by employing alternative revenue models to compensate for the absence of trading fees. They might earn income from services like margin trading, withdrawal fees, listing fees, or other premium features offered on the platform. 

Sesetengah bursa berpusat menjana wang dengan mengambil spread kecil antara harga beli dan jual aset. Yang lain menggunakan model pembuat-pengambil di mana pembuat pasaran menerima rebat untuk menyediakan kecairan, manakala pengambil membayar yuran yang kecil. Selain itu, pertukaran sifar bayaran mungkin menjana pendapatan melalui perkongsian, bayaran penyenaraian untuk mata wang kripto baharu atau dengan menawarkan perkhidmatan sampingan seperti

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