{"id":23188,"date":"2022-11-28T15:32:00","date_gmt":"2022-11-28T15:32:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=23188"},"modified":"2023-02-12T19:37:08","modified_gmt":"2023-02-12T19:37:08","slug":"crypto-exchange-with-lowest-fees","status":"publish","type":"post","link":"https:\/\/businessyield.com\/cryptocurrency\/crypto-exchange-with-lowest-fees\/","title":{"rendered":"BEST CRYPTO EXCHANGE WITH LOWEST FEES: Top 11+ (Updated)","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Cryptocurrency trading is done in two ways either through buying digital currencies and exchanging them into whichever one you want or storing them for profits. The former is largely speculative and most traders will rely on proven platforms, tools, and strategies to generate profit. Most crypto exchange sites use blockchain technology which can allow decentralized ordering and decentralized storage and is also more secure thanks to the encryption technique of the information. But here\u2019s the thing with a couple of them, most crypto exchanges annoyingly charge high fees. At first glance, you\u2019d conclude that these fees come as a result of the kind of technology in play here\u2014even though that\u2019s also a factor. But then there are also a handful of other platforms out there that charge, like Nigerians would put it, \u201cwith their church mind<\/em>.\u201d<\/p>\n So what do you think? Do some of these crypto exchanges intentionally spike their fees just to make more profit? Yea sounds like the most logical reason. No doubt exchanges literally have to deal with a lot ranging from security to insurance and so on, which cost money, some platforms like Binance<\/a> still keep it on the low. As a result, this post will cover some of the top crypto exchange platforms with the lowest fees.<\/p>\n In simple terms, crypto exchanges are platforms that help to facilitate trades between digital assets or between digital and fiat currencies. They provide the technical requirements to make this trade happen but without a fee. For more information about crypto exchanges, you can go through our post on that.<\/a> Let\u2019s stick to the goal here which is to list the best crypto exchange platforms with the lowest fees.<\/p>\n The following are some of the best crypto exchange platforms in 2021 with the lowest fees<\/p>\n CoinSmart is a crypto exchange based in Canada. It offers assistance 24 hours a day, seven days a week. It has a sophisticated identity verification system in place that can detect fake addresses or dates of birth. To achieve this, it makes use of a database that the data collection agencies have provided. For each cryptocurrency, users receive cold storage.<\/p>\n Furthermore, CoinSmart accepts a variety of payment options, including Interac, SEPA, Wire Transfers, and all cryptocurrencies.<\/p>\n The deposits are credited to your account the same day they are received. However, it takes 5 business days to process cash withdrawal requests.<\/p>\n Meanwhile, the account verifications are completed on the same day.<\/p>\n For Bank Wire and Bank Draft, there is no fee. On credit or debit cards, there may be a fee of up to 6%\u2014not fixed. Electronic financial transfers, for example, are subject to a 1% cost.<\/p>\n The PrimeXBT trading platform is the best in class, with direct access to the global markets and round-the-clock service. The platform runs a referral system that allows you to make money by referring friends to their network. It reimburses up to 50% of their trading commissions.<\/p>\n However, convesting is a smarter option. This technique affords you the luxury of picking the best performing traders and automatically mimicking their trading behavior. You can also earn extra money by allowing others to follow your trades.<\/p>\n Furthermore, PrimeXBT is a platform for trading Bitcoin, USD Tether, USDC, and other cryptocurrencies on worldwide financial markets. With an account, you\u2019ll be able to trade 50+ markets, including cryptocurrencies, stock indexes, commodities, and more.<\/p>\n There is no charge to open an account. So, you can review the trading conditions and open a Margin, Convesting, or Turbo account. Trading fees for Cryptocurrencies are 0.05 percent, 0.01 percent for Indices & Commodities, and 0.001 percent for Forex majors, among other things.<\/p>\n FixedFloat is a user-friendly trading platform that provides tools for maximizing the value of digital assets. It gives a flexible, customizable solution based on your needs. A dedicated customer support team is also included in their services.<\/p>\n FixedFloat accepts a variety of currencies, including Bitcoin, Tether, USD Coin, and others. You pay 1% plus the network fee for the fixed rate<\/strong>. For the float rate<\/strong>, you pay 0.5 percent plus the network cost. There aren\u2019t any hidden fees according to the platform which makes it one of the top lowest crypto exchange platforms.<\/p>\n ChangeNOW is a non-custodial cryptocurrency exchange platform. It provides a service for converting Bitcoin to Ethereum, Ripple, XMR, and other cryptocurrencies. There is no need to register an account with this service. It doesn\u2019t keep any money.<\/p>\n The exchange has more than 170 coins available. It has no restrictions on the amount of money you can swap and allows you to trade as much as you desire. Furthermore, its fiat option allows users to purchase cryptocurrencies using Visa or MasterCard through a third-party partner.<\/p>\nWhat are Crypto Exchanges?<\/span><\/h2>\n
Disclaimer<\/strong>: This article should NOT<\/strong> serve as an investment guide, it\u2019s solely for informational purposes. We thereby emphasize that we do NOT<\/strong> endorse any of the options. They are subject to your choice of decision and verification. We are not sponsored by any of the investment firms and the information provided here is to the best of our knowledge.<\/pre>\n
List of the Best Crypto Exchange Platforms With the Lowest Fees \u2013 Rankings<\/span><\/h2>\n
#1. CoinSmart<\/h3>\n
Features:<\/h4>\n
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Trading Fees:<\/h4>\n
#2. PrimeXBT<\/h3>\n
Trading Fee:<\/h4>\n
#3. FixedFloat<\/h3>\n
Features:<\/h4>\n
\nProcessing is completely automated.
\nIt is cross-platform compatible.
\nIt uses a lightning network to allow the exchange of digital assets.<\/p>\nTrading Fees:<\/h4>\n
#4. ChangeNOW<\/h3>\n
Features:<\/h4>\n
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