Trading Fees Ranked by Exchange (Patreon)

The Block has analyzed exchanges’ trading fees for two consecutive years. This piece offers an updated look at the trading commissions charged by established cryptocurrency exchanges. We enforced our framework to cut through variance in fee structures of different exchanges and to analyze all the available data.

Trading exchanges offer various services, however, the fee generated from trading is the main source of revenue.

Lowering the trading fees is one of the obvious ways to incentivize more traders to interact with the exchange.

Overall, Luno and FTX are the cheapest exchanges whereas Gate.io and crypto.com are the most expensive exchanges for spot trading

Luno maintains its ‘zero trading fees for makers’ status for the second year in a row, while Coinbase Pro increased its trading fees