CoinMate Spot Trading Fees Explained
In this guide, we break down all the key fees charged by CoinMate, including maker and taker fees, funding rates, withdrawal costs, and any hidden charges. We also highlight available discounts and compare CoinMate pricing with that of leading competitors to help you evaluate whether the platform offers strong cost efficiency.
Based on my review, CoinMate’s trading fees are generally in line with the industry average
Based on my experience with the TU analytics team, which reviewed the fee structures of more than 200 cryptocurrency exchanges, I’ve drawn the following conclusions about CoinMate pricing.
- Notably, CoinMate does not offer futures trading, which impacted its overall score compared with platforms that support both spot and derivatives markets.
- However, this limitation is less significant for passive investors, as CoinMate offers competitive terms on its crypto spot market.
Below is a closer look at how CoinMate structures its trading and non-trading fees.
| CoinMate fee | Market average Based on the analysis of over 200 cryptocurrency exchanges | |
|---|---|---|
| Spot taker, % | 0.1 | 0,194 |
| Spot maker, % | 0.05 | 0,15 |
| Deposit fee | 0 | 0 |
| Withdrawal fee | 1% | Vary |
CoinMate spot fees: Is it cheap for spot trading?
The base spot trading fee on CoinMate is 0.05% for makers and 0.1% for takers, compared with the industry average of 0.15% for makers and 0.194% for takers. Like most crypto exchanges, CoinMate offers trading fee discounts as your spot trading volume increases. For instance, if your 30-day volume reaches $5 million, the fee on CoinMate drops to 0.01% for makers and 0.05% for takers. To help you assess value, we've also compared CoinMate spot trading fees with those of its top 2 competitors.
| CoinMate | Kraken | Coinbase | |
|---|---|---|---|
| Spot maker fee, % | 0.05 | 0.25 | 0.5 |
| Spot taker fee, % | 0.1 | 0.4 | 0.5 |
| Spot maker fee ($5M turnover), % | 0.01 | 0.02 | 0.08 |
| Spot taker fee ($5M turnover), % | 0.05 | 0.12 | 0.18 |
Does CoinMate charge fees for deposits and withdrawals?
CoinMate generally does not charge fees for deposits, particularly for cryptocurrency transfers.
To help you better evaluate the total cost of using CoinMate, we’ve compared its non-trading fees, including deposit and withdrawal charges, with those of its top competitors.
| CoinMate | Kraken | Coinbase | |
|---|---|---|---|
| Deposit fee | 0 | 0 | 0 |
| Withdrawal fee |
0.0005 BTC 0.005 ETH |
0.0005 BTC |
Fixed fee - 25 USD PayPal - 1.5% USDC - 10 USD |
Does CoinMate offer P2P trading?
Yes, CoinMate supports peer-to-peer (P2P) trading, allowing users to buy and sell cryptocurrencies directly with each other. The platform charges a P2P maker fee of 0,15 - 0,3% and a P2P taker fee of 0,25 - 0,35%, which are generally competitive compared to other major exchanges.
For a list of exchanges that support P2P trading, check out our dedicated article on the Best P2P Crypto Exchanges.
Minimizing crypto trading costs: Expert tips
Choosing the right crypto exchange is essential for keeping trading costs low and protecting your profits. Based on our recent in-depth analysis of over 200 exchanges across 140+ evaluation criteria, here are expert insights to help you reduce fees, maximize available discounts, and select platforms that align with your trading goals.
Use limit orders to reduce fees
Unlike market orders, which execute immediately at the best available price, limit orders let you to set your preferred entry or exit point. On many exchanges, limit orders are classified as maker orders and typically incur lower fees than taker orders. Some platforms even offer rebates for maker trades. Consistently using limit orders can reduce trading fees by as much as 80% over time. According to our analysis of over 200 cryptocurrency exchanges, the average spot trading fee is approximately 0.194% for takers and 0.15% for makers.
However, keep in mind that limit orders are not guaranteed to execute, especially during high volatility or fast-moving markets, which may lead to missed opportunities or partial fills.
Editors' Top Picks and Insights
How to build wealth from scratch in 3 practical steps
Kospi Index crash: Why South Korean market fell alongside AI stocks
Bitcoin or Ferrari: Which investment is better?
Strategy sells Bitcoin: Small sale tests market confidence
Ledger vs. Trezor: Search for ideal crypto wallet