Commissions top 10 cryptobirge

Decided to buy your first cryptocurrency, but don't know which exchanges take the lowest fees? To begin with, let's figure out who and for what commissions are taken.

A maker or market maker is one who provides liquidity to the market by placing limit orders, that is, buy or sell orders with a price limit, thereby helping to "make the market" (hence the maker). For adding volumes to the order book, makers are rewarded with a reduced commission.

A taker is someone who places an order (buys or sells) at the market price, that is, the order is executed immediately (roughly speaking, he takes what is on the market, so the taker, from the English take, take). Since such participants take liquidity from the market, their commission is usually slightly higher.

1. Binance

Binance is a popular Chinese cryptocurrency exchange that became active in July 2017. The company was initially headquartered in China, and then moved to Malta, where by this point the regulatory climate had become favorable for cryptocurrency companies.

Due to low fees, the exchange quickly gained popularity and became the largest in the world. The exchanger is designed for both professionals and beginners, so there are tutorials, tools and charts for traders, as well as basic and advanced versions of user interfaces - the extended version offers deeper technical analysis of prices.

Prior to 100 trading with BTC for 30 days and without using BNB coins (a discount is given when used for BNB transactions):

  • Commission maker - 0,10%
  • Taker Commission - 0,10%

2. OKEX

OKEX is a futures trading platform launched by the major Chinese digital asset exchange OKCoin.com and focused on BTC and LTC futures. Hundreds of trading pairs and types of futures are presented here, which gives the trader the opportunity to flexibly choose a trading strategy.

OKEX has quite strict customer service rules, so today the exchange does not work in Hong Kong, Cuba, North Korea, Iran, Crimea, Sudan, Malaysia, Syria, USA, Bangladesh, Ecuador, Bolivia and Kyrgyzstan - either because these countries are under UN sanctions, or because their citizens are prohibited from performing any actions with cryptocurrencies.

Prior to 100 trading with BTC for 30 days:

  • Taker Commission - 0,15%
  • Commission maker - 0,10%

3. Huobi

Huobi is headquartered in Singapore and focuses primarily on the Asian market, and has announced a strategic partnership with HBUS to serve American customers.

Representatives of the exchange claim that they have the best customer support (works around the clock). For new users there are tutorials. Commissions for makers and takers are the same until the client reaches the VIP level.

  • Taker Commission - 0,20%
  • Commission maker - 0,20%

4. Bithumb

Bithumb is the largest exchange of South Korea. The headquarters is in Seoul. It works with 2013 of the year, but the site was hacked into 2017, which is worth keeping in mind.

The service is mainly focused on Korea, but the interface has been translated into English, Chinese, Spanish and Hindi. They claim that they have the lowest commissions, but for this you need to either make very large amounts, or use a Bithumb voucher.

  • Taker Commission - 0,15%
  • Commission maker - 0,15%

When using a coupon for a fixed amount, a discount is applied, then the commission is from 0,075% to 0,01%.

5. Bitfinex

Bitfinex Exchange was established in Hong Kong in 2012 year.

The exchanger is mainly focused on semi-professional and professional traders, as well as institutional players. The company recently stopped working in the US and focused on serving customers from other countries. At various times, the site was hacked, and now it pays great attention to safety, but it is worth remembering their history.

With a volume of up to 500 thousand dollars within 30 days:

  • Commission maker - 0,10%

With a volume of up to 1 million dollars in 30 days:

  • Commission maker - 0,08%

With a volume of up to 10 million dollars in 30 days:

  • Taker Commission - 0,20%

6. HitBTC

HitBTC is positioned as the “most advanced bitcoin exchanger” - it uses intelligent order converting algorithms. There is a 2013 year, but recently there are reports of some problems with customer service - support may not respond to requests.

The registration process is simple, you just need to create an account. Here the payment is arranged in an unusual way: they do not charge a commission, but offer a discount to the makers.

  • Taker Commission - 0,10%
  • Discount maker - 0,01%

7. Zb.com

The Hong Kong exchange ZB.com was launched in 2017. It primarily targets the Asian market, especially the Chinese one.

They have interface versions for both beginners and advanced crypto traders. The advanced interface is perfectly made, in that there are indicators for technical analysis, various tools, several types of orders and detailed market information. The beginner's interface is convenient for the beginner, and at the same time offers enough opportunities for making deals and performing basic technical analysis.

  • Taker Commission - 0,20%
  • Commission maker - 0,20%

The exchange also offers a discount for VIP traders.

8. Bit-z

The Hong Kong Bit-z Exchange operates from 2016 of the year.

The service interface is beautiful and intuitive. There are price charts, market information, updated in real time, charting tools, indicators for technical analysis, as well as reports and trading history. To ensure the security of transactions, bank-level SSL technology is used.

The exchange works with clients from all over the world, except for residents of Germany and the state of New York because of the laws of these jurisdictions. Users complain about the slow withdrawal of funds, which seems to be explained by manual checking of each request - if you need quick access to the funds, keep this in mind.

  • Taker Commission - 0,10%
  • Commission maker - 0,10%

9. Bibox

Bibox is a Chinese exchange launched in 2017 year. Artificial intelligence algorithms are used to organize transactions and maximize profits. The site supports Mandarin, English, Korean, Russian and Vietnamese.

Two interfaces are offered: simple, where the necessary information is shown in a small area of ​​the screen, and full-screen, where the main attention is paid to diagrams. It is worth noting that there are many unpopular altcoins here.

Here you can get 50% commission of the people you brought to the exchange.

  • Taker Commission - 0,10%
  • Commission maker - 0,10%

When used to conduct a BIX coin transaction, the discount is 50%, but it is valid only for the first year, after which it decreases, reaching zero in five years.

10. Lbank

LBank was launched in 2016 year - it is a Chinese stock exchange headquartered in Hong Kong. The company is mainly focused on the Asian market, but works all over the world, and the site is translated into English - though not all pages, and support in English is slow.

The interface is simple and convenient, advanced indicators are available for technical analysis, including MACD, KDJ, RSI and CCI.

  • Taker Commission - 0,10%
  • Commission maker - 0,10%
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