If you’re new to the blockchain space, knowing which crypto exchange you’ll want to use is one of the first practical decisions you’ll need to make. Crypto exchange fees vary, so choosing the most efficient trading platform can save you significant value.
Of course, there’s much more to a crypto trading exchange than fees alone. Trading volume and market liquidity are much deeper on top-tier exchanges like Binance than you might find on less reputable platforms.
In this article, we’ll briefly review the basic fees beginners can expect in the digital currency market and compare fee schedules from the best crypto exchanges.
What Are Cryptocurrency Exchange Fees?
Crypto exchange fees come in many different shapes and sizes. For new crypto traders buying Bitcoin (BTC) or Ethereum (ETH) for the first time, the most important fees to be wary of are spot trading and deposit or withdrawal fees.
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