Crypto exchanges with low fees

[retaur]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

[avp2306]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

See the list here https://coingape.com/cryptocurrency-exchanges/low-fee-cheap-cryptocurrency-exchange/

Try to those exchange listed on that site that offer low fees. But usually people here choose Binance since they offer much cheaper fees compare to other exchange out there. But do your own diligence to dig more deeper information so that you can choose those what you think best exchange for you.

Also try to look for feedback to know which is good exchange and to see which of those exchange got bad reputation.

[Hazink]

Do you just want to trade/exchange pure crypto or you also want to some worth convert from fiat, or to fiat?

Check this list out it’s old but you can find some list of exchanges and fee comparisons

You can also check Bisq 2 out if you don’t want to deal with KYC.

[Cryptohygenic]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

Exchange are regulated platforms remember, so you can not have a borderless one that can be broadly be accessible unlimitedly where it does not have to be restricted by other governments in their jurisdictions.
The blockchain network itself where crypto transactions is validated is borderless but that resistance border restrictions can only be broken with the decentralized networks of which not all Dex exchange has the future of trading bitcoin or other alt coins for stable coins

[OcTradism]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

You can get summary on some articles but at the end you must visit each exchange and check their page with information on trading and withdrawal fees.

The following websites have information on trading (taker, maker) fees and withdrawal fees but don't completely trust their given information as it can be outdated.
https://withdrawalfees.com/
https://www.cryptowisser.com/exchanges/

[Patikno]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

Want to exchange WBTC for stablecoins? And do you want to avoid the 1% fee, which you find it as unfair (because it uses a percentage)?

If so, you can use a decentralized exchange service that has a flat fee (not use a percentage), and you will need a fee from the main network to do so. I don't know what network your WBTC is on, but if you are using WBTC on Ethereum compatible blockchain, then you can use Uniswap dex (decentralized exchange) service, and then make the transaction to your desired to stablecoin.

For reference, you can check it all out, here : coinmarketcap.com - Wrapped Bitcoin (Please look at the "DEX" menu, and see the pairs you are trying (also see the dexes), or you can also see what networks are available. Make sure the site you are going to is correct, and you also check it there. DYOR)

[Lillominato89]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

Exchanges are now all regulated, so it's difficult to say which one is best in terms of jurisdiction. You also need to be careful about trading fees. You may find an exchange that charges low fees, but you may end up with low liquidity. I recommend sticking with the most well-known exchanges! Then you can decide for yourself whether or not it's acceptable to pay 1% in fees.

[hd49728]

Want to exchange WBTC for stablecoins? And do you want to avoid the 1% fee, which you find it as unfair (because it uses a percentage)?

If so, you can use a decentralized exchange service that has a flat fee (not use a percentage), and you will need a fee from the main network to do so. I don't know what network your WBTC is on, but if you are using WBTC on Ethereum compatible blockchain, then you can use Uniswap dex (decentralized exchange) service, and then make the transaction to your desired to stablecoin.

Stable coins are not safe, WBTC or any Wrapped Bitcoin tokens are only tokens with pegs to bitcoin price. They are both very dangerous as they can lose pegs to fiat currencies or bitcoin prices.

Want to have bitcoins, only buy bitcoins.
Want to trade bitcoins, only trade bitcoins.
Ignore any Wrapped Bitcoin tokens.

Want to take profit your bitcoin, cash it out from bitcoin to fiat currency, ignore stable coins.
Stable coins and wrapped tokens have another risk, they can be frozen even in your non custodial wallets.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets.

[Z_MBFM]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

Now most of the exchangers allow you to withdraw stable coins, especially USDT, without any fees on the bsc chain. In this case, you can use Binance, MEXC, BITGET exchanges, I use them regularly. And earlier on the Tron chain, there was no fee, but now it costs a small fee, but on the Binance Smart Chain, you can withdraw a lot without any fee, there is no limitation. However, since Binance is the most popular exchange in the crypto world, you can use it. However, you must be well aware of the risks when using a centralized platform.

[Bobrox]

Now most of the exchangers allow you to withdraw stable coins, especially USDT, without any fees on the bsc chain. In this case, you can use Binance, MEXC, BITGET exchanges, I use them regularly. And earlier on the Tron chain, there was no fee, but now it costs a small fee, but on the Binance Smart Chain, you can withdraw a lot without any fee, there is no limitation. However, since Binance is the most popular exchange in the crypto world, you can use it. However, you must be well aware of the risks when using a centralized platform.

Binance supported withdrawing USDT with network BSC free without any fees yet but not only USDT almost all coins with network BSC, few hours ago I withdraw Bitcoin from Binance to my local exchange wallet trough BSC network and its free not have to pay fees.
Last two years ago when Binance have BUSD pair all trading coins not required fees yet and we trade without fees, for right now moving to FUSD pair but the weakness of this pair have lower transaction volume than USDT pair.

For top global I used Binance only not any other exchange yet, withdrawing process of Binance exchange take faster but nowadays Binance already full with shit or meme coins. If OP want to trade without paying any fees yet so use Binance and trade by using FUSD pair but not sure yet are there have all coins trading list or not as usually I use USDT pair for trading in Binance.

[Rikafip]

few hours ago I withdraw Bitcoin from Binance to my local exchange wallet trough BSC network and its free not have to pay fees.

What you withdrawn is not the real bitcoin on bitcoin blockchain but instead a tokenized version on Binance Smart Chain, meaning just another altcoin pretending to be bitcoin.

[bitmover]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

Have you tried hyperliquid?

It is a nice kyc free exchange. It is semi decentralized,  so you can use in whatever jurisdiction.  However  it wont accept fiat deposits.

For fiat, you can use bisq.com

Very good decentralized exchange.

[notocactus]

Have you tried hyperliquid?

It is a nice kyc free exchange. It is semi decentralized,  so you can use in whatever jurisdiction.  However  it wont accept fiat deposits.

One disadvantage of Hyperliquid is the exchange does not have too many trading pairs which are available at centralized exchanges and even traditional Decentralized Exchange.

Hyperliquid started a new trend but if we recall what CZ tweeted about his plan after stepping back as Binance CEO is learning about DEX which in his opinion months ago, is the sort of exchanges for the future.

Hours ago, he publicly revealed that he already bought ASTER with his own money and he will not trade it. Just buy and hold the token of Aster Perp DEX.

For fiat, you can use bisq.com

Very good decentralized exchange.

Bisq can be used on mobile devices too. This short guide on how to use Bisq on mobile.
new Bisq Easy launched (Android only).

[dkbit98]

I'm looking for exchanges that accept a broad range of jurisdictions and are fairly cheap for making trades between Bitcoin and stablecoins. Sites like Coinbase put me off by charging 1% fees + whatever my transaction fee is.

I'm assuming there aren't many dexes able to do this (like wrapping/unwrapping Bitcoin but I'd accept that too as I wouldn't be holding the wrapped asset for long).

I wouldn't use any wrapped fake bitcoins, but there is ThorSwap decentralized exchange that supports bitcoin mainnet and many other coins.
There is also fully decentralized Bisq exchange that is much safer than using any centralized exchanges, but fees could be a bit higher.
I would not hold money in any stablecoins long term, this can be frozen at any time and for any reason.

[tbct_mt2]

I wouldn't use any wrapped fake bitcoins, but there is ThorSwap decentralized exchange that supports bitcoin mainnet and many other coins.
There is also fully decentralized Bisq exchange that is much safer than using any centralized exchanges, but fees could be a bit higher.
I would not hold money in any stablecoins long term, this can be frozen at any time and for any reason.

Technically these wrapped things are not coins, they are tokens on many blockchains with pegs to actual coins that can be bitcoin, Ethereum, BNB, whatever altcoins.

Altcoins are dangerous as we all know about them, but wrapped tokens are more dangerous because it depends on these project treasuries and their treasury managements for maintaining equal pegs to prices of altcoins from which these tokens are wrapped.

With wrapped tokens, there are double risks so they are not only useless but also more dangerous for cryptocurrency participants who only aim at convenience but ignore very basic but vital risk from wrapped tokens.

Definition of tokens.

[Aanuoluwatofunmi]

Depending on the network in consideration, but generally i don't think that exchanges do charges more than we can afford, even though the best approach is for us to know how they charge before using them and make comparison to others to see the difference in what they charge, while most of their internal transfer are always free.

[Cookdata]

Now most of the exchangers allow you to withdraw stable coins, especially USDT, without any fees on the bsc chain. In this case, you can use Binance, MEXC, BITGET exchanges, I use them regularly. And earlier on the Tron chain, there was no fee, but now it costs a small fee, but on the Binance Smart Chain, you can withdraw a lot without any fee, there is no limitation. However, since Binance is the most popular exchange in the crypto world, you can use it. However, you must be well aware of the risks when using a centralized platform.

Just so you know this is usdt BNB chain withdrawal, there is currently no chain support as withdrawals on Binance that is free, it's not that significant but it's not free. You will pay some cents to get usdt withdraw from Binance exchanges and many other centralized exchanges right now.

There is this shittty behavior centralized exchanges exhibit, when the market is good and there is bull run, they make chain becomes a competition, Binance slash withdrawal fees more than other Centralized exchanges but then make money through other services like trading fees, they capitalize on more user more revenue than charging small number with bigger fees. By the time the market looks bad, they bring back their ridiculous fees again, don't be surprised if this get high if the market get ugly.

[MusaMohamed]

Just so you know this is usdt BNB chain withdrawal, there is currently no chain support as withdrawals on Binance that is free, it's not that significant but it's not free. You will pay some cents to get usdt withdraw from Binance exchanges and many other centralized exchanges right now.

There is this shittty behavior centralized exchanges exhibit, when the market is good and there is bull run, they make chain becomes a competition, Binance slash withdrawal fees more than other Centralized exchanges but then make money through other services like trading fees, they capitalize on more user more revenue than charging small number with bigger fees. By the time the market looks bad, they bring back their ridiculous fees again, don't be surprised if this get high if the market get ugly.

Binance exchange supported BSC and waived withdrawal fees on BSC but I remember they likely waived withdrawal fees with BNB and BUSD on BSC chain only. For other BEP20 tokens, Binance did not waived withdrawal fees in the past too.

They applied $0 withdrawal fees for BNB and BUSD on BSC when they wanted to advertise BSC chain and use $0 withdrawal fee as an attractive bonus to have more users on BSC. That time gone a long time ago and when Binance felt the BSC growth is good enough, and they satisfied with that adoption level, they changed their exchange withdrawal fees but it simply makes sense.

You can not waive the fee and support users forever especially your customers are huge, the widthdrawal value from customers is huge, then your exchange will spend a lot of money by continuation of $0 withdrawal fee policy.

[adaseb]

Yeah I agree with many posters above, with what happened with FTX, don't trust any of these wrapped coins. Perhaps I would maybe trust cbBTC (Coinbase BTC) because that company at least is audited and its publicly traded and needs to post their financials while also being in good standing. But there is always some risk that the token might get frozen by them or in 10 years they might go out of business and the cbBTC might cease to exist, with real BTC you wouldnt have this problem.

I guess if you are holding short term its fine. You can trade it on many DEX but you need to understand that there are fees for that also. For example on Solana, which is the most liquid and largest dex blockchain. If you hold USDC you need to swap from USDC to WBTC and then to cbBTC, the fees range from 0.04 to 0.05%. And if you do the reverse then its the same fees. So much lower than Coinbase. Keep in mind however that the liquidity is in the million or 2 range, So if you are swapping large 5-6 figures worth you will get slippage.