9 Best No Fee Crypto Exchanges for 2024
TOP commission free crypto trading platforms:
Bybit - 0% fee for makers in trading derivatives.
OKX - 0% fee for makers with VIP level 5-8.
Binance- 0% promotion for some spot pairs.
Huobi- 0% fee for makers with level Prime 9-11.
KuCoin - 0% fee for makers with VIP level 5-12.
For dedicated crypto traders, maximizing returns means minimizing costs at every turn. In our analysis of nine prominent commission-free exchanges, we uncover not only which offer truly free trades, but the finer details that differentiate the top options.
Beyond basic fees, critical factors like reliability, functionality and customer support set apart the ideal platforms. Our deep dive compares each across these dimensions to help investors optimize their strategies on a limited budget.
Whether growing an established portfolio or exploring new digital frontiers, the right free trading destination can stretch your funds much further.
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Is it really possible to trade crypto with no fees?
Yes, some exchanges offer truly free crypto trading through Zero fee promotions or tiered fee structures discounting fees for high-volume traders.
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Which exchange is best for beginners?
Binance and Coinbase Pro are very user-friendly and offer educational resources perfect for those just getting started with crypto trading.
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Which platform is best for advanced traders?
Bybit and OKEX offer advanced order types and trading tools ideal for professional or experienced crypto traders.
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What are the main differences between platforms?
The exchanges differ in functionality, user experience, supported cryptocurrencies, payment methods, security practices, and supported countries/regions.
Is free crypto trading possible?
Yes. Free crypto trading is entirely possible. There are many platforms out there that do not charge fees to trade crypto, but instead, make their money through money makers in the market and other forms of trading. That being said, it can be hard to find a 100% free platform, though they do exist.
You might have to settle for a platform that offers very low-cost or discounted trading capabilities. Many exchanges will charge crypto traders with spread costs, which are often very low and negligible for more hardcore crypto traders. Just as well, some exchanges will offer commissions discounts to traders that invest in certain native coins or trade very often.
What zero fee platform is the best?
Our experts at Traders Union have based our selection of zero-fee platforms based on each entry’s unique pricing model, how low or nonexistent their fees are, reliability, liquidity, choice of crypto assets, etc.
While there are exchanges out there that charge absolutely no commissions, they are not usually the best of the best by any means. Finding a good balance between price and quality is key, so keep in mind that many of the crypto trading platforms we’ve covered in this guide are not 100% free for a reason.
Low fees crypto exchangesBest crypto platforms comparison
| Platform | Standard Fee | Zero Fee Options | |
|---|---|---|---|
0.02-0.1% |
0% maker fee when trading derivatives |
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0.02-0.1% |
Zero and negative commissions for makers with VIP level 5-8 |
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0.015-0.075% |
Promotion: 0% taker and maker fees when trading the pair BTC/TUSD, 0% for makers - BNB/TUSD, ETH/TUSD. There are zero rates for makers depending on the VIP level in derivatives trading |
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0.0126-0.2% |
Zero and negative commissions for makers in contract trading with level Prime 9-11 |
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Trading fees are from 0.025-0.1% with discounts |
Zero and negative commissions for makers with VIP level 5-12 |
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0.01% |
Promotion: 0% taker/maker fee on spot, 0% maker fee on futures |
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0.1-0.26% |
0% commission for makers with volumes from $10 million |
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~0.4% maker and taker fees |
Virtually free maker and taker fees for high earners |
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0.50% to 0.00% maker/taker fee, depending on pricing tier |
0% maker fee for high earners |
Bybit – best crypto exchange for zero maker fees
Bybit is a popular cryptocurrency exchange platform known for its relatively low costs. Bybit typically charges a fee of 0.05% to trade crypto on its exchange platform. This platform is quite lucrative because it offers a free maker fee. Since Sep 6, 2023 ByBit offers 0 fee crypto trading on all spot pairs.
Some advantages of Bybit include a high-derivative trading volume, settled contracts, great bonuses, and a low risk of liquidations. Some downsides of this platform include a relatively limited volume of trading pairs and the fact that the platform is currently unregulated. If you’re willing to take a risk with an unregulated platform, however, you could definitely benefit from Bybit’s low fee structure and zero maker fees. We would recommend this platform for more experienced crypto traders.
OKX - for active trading with negative fees
OKX is an excellent choice if you’re searching for the best crypto platforms. This is because the platform offers trading fees that are different for regular and VIP users. On the one hand, regular users are categorized into tiers based on their total OKB holdings. On the other hand, VIP users are grouped based on 30-day trading volumes, as well as their daily asset balances. These tiers are updated daily.
Another great feature of OKX is that there is a negative fee option for large volume traders. Additionally, if users are capable of meeting the conditions of different fee tiers as far as spot trading volume is concerned, as well as total trading volume of futures and perpetual contracts, and options trading volume/ total assets, they get the benefit of the fee discount that is typically only applied to the highest fee tier. However, the platform does have a $500 withdrawal limit for BTC per day.
OKX Fees and Minimum DepositBinance – best crypto exchange for experienced traders
Binance is a popular cryptocurrency exchange platform known for its relatively low costs. Binance typically charges a fee of 0.015% to 0.1% to trade crypto on its exchange platform. Binance offers zero fee crypto trading for US Clients. This platform is quite lucrative because it offers alternative crypto coins and one of the most robust exchange platforms in the market today. Binance has both an international version and a U.S. version of the application.
Some advantages of Binance include a massive inventory of support coins, tokens and crypto futures, extremely speedy transaction times, and quite low fees. Binance is a safe crypto exchange. Some downsides of this platform include a lack of options for U.S. traders and quite limited support. In general, though, Binance has low fees and is relatively easy to get started with, no matter your experience with crypto.
Huobi Global
Huobi Global is another crypto exchange with low fees, charging all traders (both makers and takers) a 0.2% base fee. And if you’re a Huobi Global token (HT) holder, you can receive a discount on trading fees, which decreases the more HT you have in your exchange wallet.
The platform also offers a tiered structure that allows you to save on trading fees. The higher the tier, the lower your trading fees. For example, as a Professional Trader on Huobi Global, you can enjoy a flat discount on the handling fee by holding 2,000 HT instead of 5,000.
You can also benefit from a 30% discount on spot market crypto trading and interest rate for leverage trading without having to worry about an extra HT handling fee.
The platform also supports margin trading in bitcoin (BTC) and Litecoin (LTC) with 5x leverage and a fee of 0.1% for 24 hours.
KuCoin - for active trading with negative fees
If you are seeking a top free crypto platform, KuCoin is a fantastic choice. This app is considered to be great for those who are interested in active trading with negative fees. It charges spot trading fees based on the base currency of the trading pairs. However, the withdrawal limit varies based on the trading fee level. For instance, lower levels have withdrawal limits of $200; the maximum withdrawal limit is $3,000 for those on trading level 12.
KuCoin also offers the ability to make deposits via debit cards, MasterCards, Visas, wire transfer, Advcash, and Payeer. Therefore, users can quickly and easily fund their accounts and begin trading. Deposit limits are $5-$5,000 per trade. When using bank cards, fees may be assessed from the card used. The amount of these fees may vary. However, they are posted on the transaction page, enabling users to see how much they will be charged before completing the transaction.
KuCoin Fees ReviewMEXC - best for spot and futures trading with no maker fees
Another great platform for free crypto is MEXC. One of the reasons is because the platform offers no deposit fees, making it much cheaper to invest in cryptocurrencies of all kinds. On the other hand, withdrawal fees are vigorously calculated based on the blockchain network position. Additionally, the minimum withdrawal amount varies based on the product.
Safe and secure, this platform is known for its industry-leading security and financial stability to help keep the identity of their customers and their funds safe and secure. Moreover, the platform is an early adopter of new crypto coins; MEXC is known for launching new and high-quality crypto projects effectively and with good liquidity. Another benefit of this platform is that they rank highest in the company of first-tier exchanges with the highest number of listed crypto. With over 1500 cryptocurrencies available, users can learn about crypto trading in order to become professional traders. With the help of their one-stop services platform, customers can leverage their powerful tools to become optimally effective traders.
Kraken – best for no fee crypto trading
Kraken is a popular cryptocurrency exchange platform known for its relatively low costs. Kraken typically charges a fee of 0-0.26% to trade crypto on its exchange platform. This platform is quite lucrative because it offers zero fee options for clients with big trading volumes.
Some advantages of Kraken include its reputation as one of the longest-running crypto exchanges out there, top-notch security, and a wide range of cryptocurrencies and tokens to trade. Some downsides of this platform include a not-so-user-friendly platform, difficulties when it comes to two-factor authentication, and occasionally bad customer service. Still, Kraken is one of the OG crypto trading platforms and they have built a culture of trust around them. If you want to start getting into crypto with as low fees as possible, this is the exchange to look into.
Crypto.com – best crypto exchange for signup bonuses
Crypto.com is a popular cryptocurrency exchange platform known for its relatively low costs. Crypto.com typically charges approximately 0.4% maker and taker fees to trade crypto on its exchange platform. This platform is quite lucrative because it offers virtually free maker and taker fees for high earners.
Some advantages of Crypto.com include a wide range of supported coins and tokens, the ability to gain weekly interest on your crypto savings, and debit card linking. Some downsides of this platform include a somewhat complex fee structure, a lack of desktop support, and not-so-great customer support. Crypto.com is a safe crypto exchange. It is perfect for more experienced traders who want to access a wide range of currencies and are comfortable with only using an app. We wouldn’t necessarily recommend this crypto exchange for day traders, as the lack of a desktop module can make things a bit complicated in that regard.
Coinbase Pro – best crypto exchange for beginner traders
Coinbase Pro is a popular cryptocurrency exchange platform known for its relatively low costs. Coinbase Pro typically charges a fee of 0.50% to 0.00% maker/taker fee, depending on pricing tier, to trade crypto on its exchange platform. This platform is quite lucrative because it offers 0% maker fees for high earners.
Some advantages of Coinbase Pro include the easiest possible user interface you’ll find, a great selection of crypto coins and tokens, and top-notch security and trust. Some downsides of this platform include high fees outside of Coinbase Pro, a lack of control over one’s private keys in their wallet, and slowness when it comes to adopting new crypto types. Users can also enjoy a $5 discount when they open their first account with the platform.
How to get cashback for any crypto trades?
By working with Traders Union, you could drastically reduce commissions with many different exchanges. In the context of Binance, Traders Union offers a great rebate program that could help you save a lot on commission fees. To start, signup for Traders Union’s rebate and discount program.
Then, using Traders Union’s unique affiliate link, sign up for an account on Binance. Binance will pay 20% of commission fees to Traders Union for each transaction that you complete. From there, Traders Union will pay you 80% of that 20% discount. You could save a significant amount of money on trading fees, especially if you trade often and in high volumes. Day traders, in particular, can benefit from such a rebate program.
Should i use free crypto trading platforms?
We would absolutely recommend using free crypto trading platforms. Any of the above platforms we’ve mentioned are great picks. However, “true” free crypto exchanges are often not the best. They tend to lack a lot of the features and criteria that make a crypto exchange so viable.
We understand that free trading is important if you’re a miner or a day trader, but you should also consider other factors. Such factors include hidden fees, functionality, range of coins, trading execution speed, etc. Read also how to choose a crypto exchange for day trading.
How to choose a crypto platform with the lowest fees?
When searching for the best crypto platforms with the lowest fees, there are plenty of things to consider. Here are a few categories that can help you do just that:
Check the Reviews
One of the first things you can do to find the best crypto platforms with the lowest fees is to check the reviews. Reviews not only allow you to get a general feel for how the platform functions, but it can also reveal issues with hidden fees and other costs. When reading the rules and regulations, there is lots to cover. Therefore, you may actually miss the fine print in terms of how much fees are actually being assessed. However, by reading the reviews, you will quickly learn whether the platform is on the up and up or if they have hidden fees that seem unfair to consumers.
Ease of Use
Another important feature is the ease of use. If you do not fully understand how to use the platform, you may need outside help or assistance in order to efficiently trade on the platform. Otherwise, you may need to elicit outside help in the form of advisors or other tools, which can increase the amount of fees you are paying.
Liquidity
You will also want to check the level of liquidity of the platform. This is how you ensure that you can trade when you want and optimize your profits.
Customer Support
Lastly, you will want to find out how their customer support works. Those who do not have support readily available can cost you in various ways, including fees and other costs.
Summary
Cryptocurrency is becoming very lucrative among young and old traders alike. However, many traders don't want to deal with excessive commission fees and trading fees that many crypto exchanges charge to use their services. Luckily, there are many excellent options out there. We recommend a few platforms that charge low fees, including Kraken, Bybit, Robinhood, BlockFi, Coinbase Pro, Binance, Crypto.com, Bisq, and Uphold. While none of these platforms are truly "free" to use, they do have some of the lowest prices in the industry to trade, sell, and buy crypto. Just as well, these platforms have other excellent features that make them worth looking into.
Methodology for compiling our ratings of crypto exchanges
Traders Union applies a rigorous methodology to evaluate crypto exchanges using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.
Key aspects of the assessment include:
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Exchanges are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Exchanges are assessed based on the variety, quality, and features of platforms offered to clients.
Extra services. Unique value propositions and useful features that provide traders with more options for yield generation.
Other factors like brand popularity, client support, and educational resources are also evaluated.
Team that worked on the article
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.