Which cryptocurrencies have the lowest transaction fees?

[Swapzone_pr]

The most common types of of transaction fees are:

Exchange Fees (a commission that will come about when you complete a buy or sell order)
Network Fees (entails a charge to cover the mining network that runs in a blockchain)
Wallet Fees (will come from whatever currency wallet you utilise, but not all wallets will produce these fees).

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoin


resource: https://swapzone.io/learn/lowest-transaction-fees


ANOTHER SUGGESTIONS: XRP, SOL, DOGE, IOTA, XLM, MATIC, BNB, BSW

[AmoreJaz]

are you sure you are including btc in your list? though if you are sending btc from your wallet to let's say exchange and it happens that there's no network congestion, you will pay very minimal fee. but if you transfer from exchange to your wallet, usually the exchange has fixed btc withdrawal fee, the common fee is about 50k sats - which, for me is quite expensive.
btw, if you can also include XRP in your list, as this is one of the popular alts you can find in a lot of trading platforms that will incur you very economical fee.

[Swapzone_pr]

are you sure you are including btc in your list? though if you are sending btc from your wallet to let's say exchange and it happens that there's no network congestion, you will pay very minimal fee. but if you transfer from exchange to your wallet, usually the exchange has fixed btc withdrawal fee, the common fee is about 50k sats - which, for me is quite expensive.
btw, if you can also include XRP in your list, as this is one of the popular alts you can find in a lot of trading platforms that will incur you very economical fee.

Yes bitcoin has a high fee worth thousands of dollars per token, but transaction fee is about a little over a dollar. The high total is great for ensuring it won’t be hard for a transaction to move forward and be more viable. But the bitcoin fees can vary by every party, so you’d have to look around to see what’s open.

Thanks for the suggestion, XRP to the list!

[asriloni]

The most common types of of transaction fees are:
Exchange Fees (a commission that will come about when you complete a buy or sell order)

Exchange site fees has nothing to do with the blockchain as it was determined by the exchange site itself about much they will charge for the fees (withdrawal, deposit and trading)

Network Fees (entails a charge to cover the mining network that runs in a blockchain)
Wallet Fees (will come from whatever currency wallet you utilise, but not all wallets will produce these fees).

To be honest I rarely saw about the wallet fees. I thought that if almost all of wallet didn't charge for the fees from its users who keep the funds in the wallet.

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoi

Are you sure about that? TRON can be considerd as the cheapes transaction from the list but it's not for bitcoin and litecoin. There are bunch of new tokens that have lower fees compared with bitcoin chain and litecoin chain. I'm thinking if bitcoin cash didn't have cheap fees as well.

You can check SOL.

[Swapzone_pr]

The most common types of of transaction fees are:
Exchange Fees (a commission that will come about when you complete a buy or sell order)

Exchange site fees has nothing to do with the blockchain as it was determined by the exchange site itself about much they will charge for the fees (withdrawal, deposit and trading)

Network Fees (entails a charge to cover the mining network that runs in a blockchain)
Wallet Fees (will come from whatever currency wallet you utilise, but not all wallets will produce these fees).

To be honest I rarely saw about the wallet fees. I thought that if almost all of wallet didn't charge for the fees from its users who keep the funds in the wallet.

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoi

Are you sure about that? TRON can be considerd as the cheapes transaction from the list but it's not for bitcoin and litecoin. There are bunch of new tokens that have lower fees compared with bitcoin chain and litecoin chain. I'm thinking if bitcoin cash didn't have cheap fees as well.

You can check SOL.

I've already said about BTC previously and Litecoin is easier to mine than bitcoins it has a value of $40 or greater, making the transaction fee of 20 cents all the more appealing.
But I got your point, thanks I will check!

[Dr.Osh]

most of the crypto transactions between DEX to DEX or CEX to CEX, I am used to using BSC, and TRON. for now, ethereum has a very expensive fee compared to the two coins. In addition, some coins that also have low fees are Polygon, and SOL. however, so far I'm still making use of two.
other than that, in your list, I also think that bitcoin and LTC still have quite expensive fees compared to others.

[DOH!]

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoin

These are good options at layer 1. In today's expanding development trend when the need for fast, secure and low-cost transfer is a matter of concern to investors or users. Exchange network costs are emitted to offset and benefit operators that are developed primarily on POW. Others have transitioned to POS state, so network charges will be met almost immediately. In the future, Bitcoin with LN, along with taproot will also solve the majority of network fee problems.
Layer 2 protocols like on Polygon are also impressive given the overall low cost.

[Ararbermas]

For me XRP has the lowest fee but through binance exchange wherein using spot account its only 0.25xrp every transaction  which equivalent of $0.30.   actually i've been using binance since october and the fee still as is.. And what really amazing about using this platform is, if you're using trc20 USDT there's no fees for withdrawal, but unfortunately it's not available on my main wallet reason i'm still using xrp ..  

[Dread Pirate Roberts]

for me cheap here anything under $1 for transfer with the fastest option. What I usually use for make a payments is coin that accepted by many merchants so far is coins like XRP. LTC. BTC (segwit), Doge and it seems that almost all smart contract tokens on BSC also have low fees.

[mindrust]

The most common types of of transaction fees are:

Exchange Fees (a commission that will come about when you complete a buy or sell order)
Network Fees (entails a charge to cover the mining network that runs in a blockchain)
Wallet Fees (will come from whatever currency wallet you utilise, but not all wallets will produce these fees).

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoin


resource: https://swapzone.io/learn/lowest-transaction-fees

Doge have been cheap/fast and reliable for years. It is my #1 choice when it comes to moving my money from one place to another. (usually between the exchanges) The disadvantage of doge is, sometimes it is not available on some exchanges. Then you'll have to use something else. Litecoin used to be cheap as well. Maybe it still is. I haven't used it for a long time.

[tyz]

What other low-fee currencies do you know?

There is even a cryptocurrency that has no fees at all: IOTA [1].

Not sure if you've heard of it. The problem with IOTA up until now was that, in addition to the nodes, there was a central coordinator that centralized the network to a certain extent. But this will be removed in the near future, so that the network will be completely decentralized. The coordinator-free version is already available in beta and is running fine. Until it can be integrated into Mainnet, there are still some tests to be done.
In addition, IOTA recently introduced an alpha version that will allow all Ethereum smart contracts to be connected to the IOTA chain in the future.

https://www.iota.org/

[noah tall]

I am not sure but i m using bnb , and for me there is a very Little bit of fee . As i say above i don't se when i trade or transact other crypto I don't care about the fee, but in my judgement i can say there is bnb for lowest fee.

[2girls]

BTC is the cryptocurrency which transection fee is very low to another BTC vs ETH is a very best coin but its Transection fee is so high so some time you send your coin so the Transaction fee is high then the coin actual price so everyone mostly use BTC that is the main reason.

[ice18]

What other low-fee currencies do you know?

XLM and MATIC also has very low fees compared to other chains like eth,xrp, ltc. If Im not mistaken Temtum not so popular coin has almost zero fees if you remember about this coin few years ago, its one of the very promising project before but I dont know any updates about it now.

[Stanlo]

They are too many  I don't see BnB on your list why? I'm not even ready to list some because they are many, some you may never even heard about before, do you know Apollo currency? At this stage cheap gas fee isn't on of the reasons why I would invest in a project or not because too many have solved this issue already

[cryptomaniac_xxx]

XRP and LTC was very cheap back in the days and was very fast, I have personally experience with it way back.

BTC as long as you have control over it, then you can set the price as low as possible, (less than 1$) and very quick confirmation.

ETH, well there was a time that it become as an alternative because it's cheap and fast but not anymore. The problem with IOTA is that they are very centralized to the eyes of investors and even if they claim that they don't have any fee, it didn't enjoy the support of the community.

[Pejoh Asu]

If I want to transfer assets from exchange to other exchange then I use TRON, I think TRON is a coin with very cheap transaction fees, some time ago I sent TRON from TRUST wallet to exchange and the transaction fee was only 0.02 TRX or less than 1 cent.

[Pelana vreo]

Polygon, I need 0.02+ Matic to do Mint NFT and for transactions I think you already know how much it costs.
another option for the DeFi platform is Biswap on the BSC network, you get BSW tokens when swapping, and Biswap has a low fee of 0.1%

[dothebeats]

XRP should be added on that list. It has been my go-to crypto when it comes to transferring funds from point A to point B as long as the option is available. And since XRP already has a lot of exposure to different sectors in the past few years, there are a lot of places that includes XRP on the list of crypto that they accept.

XLM has some low fees too, although not a lot of places accept it at the moment hence its utility as a form of payment, or for transferring funds isn't really great (unless we're talking about exchange - exchange transfers).

[mu_enrico]

Many shitcoins have near zero transaction fees, but it also because those coins have a crappy price (thus low marketcap). Let's just focus on top-10 marketcap then. In this basket, XRP is the cheapest AFAIK since I use it regularly with near zero fees.

You can see here as well https://bitinfocharts.com/cryptocurrency-charts.html
XRP has the most tx yet still significantly lower than LTC https://bitinfocharts.com/comparison/transactionfees-xrp-ltc.html#3m