Crypto Exchanges Ranked by Lowest Fees - Comparison Guide 2025

Understanding the Fees Charged by Crypto Exchanges

Cryptocurrency exchanges charge several fees that traders should consider when selecting a platform. These commonly include trading fees for buying and selling, as well as deposit and withdrawal fees for transferring funds. It is important to understand these fees, as they can differ widely between exchanges and significantly affect the cost of trading and managing investments. Below is a breakdown of the key fees traders encounter when using a crypto exchange.

Deposit and Withdrawal Fees

• Deposit Fee: A fee cryptocurrency exchanges charge when users add funds to their accounts, whether through fiat deposits like bank transfers or credit card payments or by transferring cryptocurrencies from external wallets. 

• Withdrawal Fee: A fee cryptocurrency exchanges charge when users transfer funds out of their accounts, either as fiat currency to a bank account or cryptocurrency to an external wallet. These fees can vary based on the platform, withdrawal method, or network used, affecting the overall cost of accessing and managing your funds.

Trading Fees

• Maker Fee: A fee cryptocurrency exchanges charge traders who add liquidity to the market by placing limit orders that are not instantly matched with existing orders. These orders remain in the order book, helping to "make" market liquidity.

• Taker Fee: A fee cryptocurrency exchanges charge traders who remove liquidity from the market by placing orders that are immediately matched with existing ones. These trades are called "taker" orders because they take liquidity from the order book. Taker fees are often higher than maker fees as they don’t contribute to market liquidity.

Other Additional Fees

• Spread fee: The difference between the buy price (ask) and the sell price (bid) of a cryptocurrency. This fee is not charged directly but is built into the price you pay when buying or selling. It represents the cost of executing a trade and can vary depending on market conditions and the cryptocurrency exchange.

• Inactivity Fee: A fee that some cryptocurrency exchanges charge on inactive accounts for a specified period, meaning no trades, deposits, or withdrawals are made. This fee is designed to encourage regular account activity and can vary depending on the platform's policy.

Why Fees Are Important

When selecting a cryptocurrency exchange, understanding its fee structure is crucial as it directly impacts your overall trading returns. Trading fees, charged on every transaction, can quickly accumulate, reducing the profitability of your trades, especially for active traders. Deposit and withdrawal fees are just as important, as they affect the cost of transferring funds in and out of the platform. 

High fees can make it harder for new investors to get started or limit the flexibility of experienced traders managing their funds. Choosing an exchange with clear and competitive fees helps reduce unnecessary costs, improve trading efficiency, and ensure more of your funds are directed toward building your investments rather than covering excessive fees.

Which Exchange has the Lowest Fees in Crypto - Comparison Table

Save on Trading Fees with Flipster

Flipster offers users the opportunity to save on trading fees through its zero-fee structure for all perpetual swap contracts. This allows traders to execute transactions without incurring standard trading fees, allowing them to retain more of their profits. Additionally, Flipster provides a trading cost comparison feature that estimates total trading costs—including fees, spread, and slippage—enabling users to assess potential savings compared to other exchanges.

The screenshot above uses Bitcoin (BTC) trading as an example to illustrate cost savings. For a trading volume of $1 million, Flipster users incur a trading fee of only $125.44, significantly lower than Binance and OKX, which charge $547.61 and $632.27, respectively. This positions Flipster as the most cost-effective platform in terms of trading fees, offering users savings of up to $705.76 compared to Gate.io.

By leveraging Flipster’s trading cost comparison feature, traders can have transparent pricing to minimize their expenses and maximize returns effectively.

How to Trade on Flipster

1. Sign up for an account on the Flipster website or by downloading the Flipster app (Android or Apple).

2. Click the [Trade] tab.

3. Search for the token that you want to trade and click on it.

4. Select the leverage (up to 100x).

5. Select either a Trigger Order or Market Order.

6. Input the amount of crypto you wish to trade or select a percentage of your available funds to use.

7. Once you have confirmed the details, click the [Long] or [Short] button to open a position.

This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with significant risk of loss due to its high price volatility, and is not suitable for all investors.