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Top 5 CryptoCurrency Exchanges with the lowest transaction fees.
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The Top 5 CryptoCurrency Exchanges are:
1. Cex.io
2. Hitbtc
3. Bitfinex
4. Bittrex
5. GDAX
EXPLAINED:
1.) The UK based CEX.io makes the list because while most of the exchanges here have a standard fee of 0.25%, CEX.io only charges 0.20% per trade! That combined with a solid user interface make it a winner in our book. Cex.io has probably the lowest fee schedule in terms of credit card deposits and withdrawals.They charge 3.50% on credit card deposits and 1.20% on withdrawals to credit cards.
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2.) HitBTC applies a flat rate of 0.1% on all executed trades which is probably one of the lowest rate on the market.
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3.) Bitfinex provides taker fees between 0.1% and 0.2% while maker fees from 0.1% to zero if the trading volume in the last 30 days reaches $25M. The discount on maker fees are applicable from $500k.
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4.) Another big US player in the exchange market is the Las Vegas based Bittrex.
They have an across-the-board 0.25% fee for trading and do a ton of volume.
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5.) GDAX uses a maker-taker fee model. GDAX offers zero percent maker fee regardless of the amount of asset traded on the exchange.
The taker fee is between 0.1% and 0.25%. A 15% rebate is applied on the taker fees if the trading volume reaches 20% of the exchange volume in the past 30 days.
Orders that provide liquidity (“maker orders”) are charged different fees than orders that take liquidity (“taker orders”). The fee is assessed as a percentage of the quote currency. For the detailed GDAX trading fee schedule,
please see
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Visit our website for more details by clicking on the link below:
Links For Some Major exchanges:
Unocoin :
Zebpay :
Koinex:
CoinDelta :
HitBtc:
Bittrex:
Poloniex:
Users at bitcoin exchange platforms have to pay certain types of fees in order to use the services of the site. The most common fee types include charging the deposits and withdrawal from the exchange’s account and applying fees on the trading activity. The fees are usually depending on the type of transfer in terms of deposits and withdrawals. Bank wire transfers, credit card top ups and using alternative payment providers often costs money even before starting the trading activity on the bitcoin exchange platform. On the other hand, cryptocurrency deposits and withdrawals are usually free of charges, you only have to pay for the transaction fee on the blockchain that is payable to the miners.
A couple of exchanges, however, make it free to deposit or withdraw the funds from the exchange. In these cases, only the miner fee is due in case of cryptocurrency payouts, as this fee is not set by or payable to the platform, it is rather needed in order to verify the transactions on the blockchain.
The other common fee type is the trading fee that is payable as a percentage on each transaction made on the platform. The trading fees usually range between 0.1% to 0.25%, but it can be up to 1% of the trading amount that is charged for making orders on the exchange.
NOTE: Trading is a highly risky activity. Do consult your financial advisor before making any decisions. Digital Notice will not be responsible for any trading decisions.
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