If you're looking to buy or sell cryptocurrency, exchanges are invaluable platforms providing key crypto stats, trading pairs, storage options, and more. While you can buy or sell crypto via a software wallet, having an account with a reputable exchange can open many doors to building your portfolio.

However, using a crypto exchange can be costly, so finding the most affordable yet reputable options can help massively. So, which crypto exchanges offer the lowest fees for buying and selling?

1. Poloniex

Founded in 2014 by Tristan D'Agosta, Poloniex is an American exchange that has risen through the ranks to become among the twenty most popular crypto exchanges worldwide, with a daily trading volume of over $1 billion. Based in San Francisco, California, Poloniex isn't actually available to those residing in the U.S. but can be used in a variety of other locations, including the U.K., France, Japan, and Canada.

There are a lot of great things about Poloniex. Its variety of supported coins, staking options, and reward center all accompany one of the platform's best attributes: its low fees. Currently, Poloniex only charges a 0.125% maker or taker fee and doesn't charge for deposits. This means you can buy and sell crypto on the platform without losing a big chunk of your profits or paying considerable charges for purchases.

2. Kraken

Kraken began as an American Bitcoin and Litecoin exchange (as well as a platform for euro trades) and now supports a huge list of different cryptocurrencies, from Ethereum to Aave. Plenty of trading pairs, staking coins, and funding options are available on Kraken, and its buying and selling fees make it a top-choice exchange.

Kraken only charges a 0.16% maker fee and a 0.26% taker fee. Taker fees are often higher than maker fees, given that a taker will remove liquidity from an exchange, which is the opposite of what the exchange wants to turn a profit. However, this taker fee is still reasonable compared to other exchange platforms.

3. Binance

Sitting comfortably as the most popular exchange in the world, Binance is the favorite of thousands of crypto buyers and sellers, and for a good reason. Not only is Binance available in over 180 countries worldwide, but its fees are more than friendly.

With a maker and taker fee of just 0.1%, Binance makes buying and selling crypto affordable for anyone who wishes to. On top of this, Binance doesn't charge a staking fee and doesn't charge for deposits or withdrawals! Overall, it's a solid option for all things crypto and won't leave you dealing with frustrating charges on your profits or rewards.

4. Pionex

Pionex is a relatively young crypto exchange, having been founded in 2019. However, its infancy in the market has by no means hindered its growth as an international exchange. One of Pionex's best features is its range of useful trading bots, which allow users to trade assets, invest in tokens automatically, and more. But Pionex's bots are not the only attractive feature it boasts.

Another great thing about Pionex is its incredibly low maker and taker fees. Currently, both fees come in at just 0.05%, considerably lower than many other popular crypto exchanges. On top of this, Pionex doesn't charge for deposits, though there is a flat withdrawal fee, which differs depending on the coin.

5. eToro

Founded in 2007, eToro is an Israeli brokerage company providing, among other things, a diverse and trusty crypto exchange for residents of 44 U.S. states (New York, Hawaii, Minnesota, Nevada, and Tennessee residents cannot currently use the service). eToro allows users to buy and sell a range of cryptocurrencies, including Bitcoin, Ethereum, and Stellar. It also has some great staking options for those wanting to earn passive income using their crypto.

In terms of maker and taker fees, eToro charges none. However, this doesn't mean that trading on eToro is entirely free. The platform charges a spread fee of 0.75%, which is another way exchanges can charge for transactions. Additionally, eToro doesn't charge any deposit or withdrawal fees, making moving your money to or from the platform much more pleasurable.

6. Bybit

Founded in March 2018 by Ben Zhou, Bybit is a Singaporean crypto exchange that has become one of the fastest-growing global markets. With great features like spot, derivatives, and futures trading, Bybit can suit all crypto users. But what makes Bybit a great choice in terms of fees?

Bybit's overall fees are nothing short of fantastic. With no maker fee and a taker fee of just 0.075%, Bybit ensures you avoid all nasty charges regardless of whether you're buying or selling crypto. Moreover, withdrawals and deposits are free to conduct on Bybit. So, if you're looking for a crypto exchange with super-low fees across the board, Bybit is the one for you.

7. CEX.io

CEX.io is another widely-used cryptocurrency exchange platform with a range of amazing features, including margin trading, staking, and its own official debit card. This exchange can be accessed by users in most countries worldwide and currently has over four million users. But do the exchange's fees match its accessibility and other useful features?

Fortunately, yes! CEX.io charges a 0.16% maker and 0.25% taker fee. Additionally, the platform charges a heftier fee of 2.99% for deposits from VISA or MasterCard accounts and charges a variable fee for withdrawals depending on where your funds are going.

8. KuCoin

KuCoin currently ranks as the world's fifth most popular crypto exchange, with a daily trading volume of over $320 million and a list of over 500 supported coins. In addition, KuCoin offers various features that you can use to build your crypto portfolio, such as staking, margin trading, lending, and more. And on top of all this, KuCoin's fees are pretty low, too.

Currently, KuCoin's maker and taker fees are the same, sitting at a nice 0.1%, respectively. Alongside this, KuCoin doesn't charge for deposits of any kind but does charge for withdrawals. The fee for withdrawing funds varies depending on what kind of crypto you're moving. For example, withdrawing Bitcoin will cost you 0.0005 BTC, while withdrawing Polkadot will cost you 0.1 DOT. It's best to check KuCoin's fees beforehand so you know what kind of charges you'll incur.

9. OKX

OKX (formerly OKEx) is a Seychelles-based crypto exchange available in most countries worldwide. Like any of the exchanges listed here, OKX allows you to trade a wide range of cryptos, including all the big names like Bitcoin, Ethereum, Dogecoin, and Litecoin.

With additional features like derivatives trading and futures trading, as well as a handy news section, this OKX may be a great fit for you. But what about fees?

OKX charges a 0.1% maker and 0.15% taker fee. You can also enjoy totally free deposits and withdrawals on the platform. While OKX's taker fee isn't as low as some other exchanges in our list, it still keeps charges low compared to many platforms out there.

10. PrimeXBT

You may not have heard of PrimeXBT before, but this exchange supports many well-known coins and boasts low fees.

PrimeXBT charges a 0.05% spread for cryptocurrency trading, one of the lowest fees listed here. The exchange does charge a small withdrawal fee, but this changes based on the type and amount of crypto being taken out. PrimeXBT doesn't charge any deposit fees.

If you want to stake cryptocurrency and make a little money on the side, PrimeXBT offers this option. You can also participate in copy trading, view stock commodities, and trade crypto futures.

What Is the Cheapest Crypto Exchange?

When buying, selling, transferring, or performing any other action on crypto exchanges, unexpected fees can sometimes make the entire process grueling and frustrating. So, to keep your fees to a minimum when using a crypto exchange, try one of the platforms above to keep those nasty charges at bay.