Fees: A Complete Guide and How It Compares

Stanislav Palamar/Getty Images is one of the leading cryptocurrency exchanges with a wide range of product offerings. Its app allows users to buy, sell, store, send, and track cryptocurrencies at competitive rates.

Before trading on this exchange, crypto investors should be aware of its fee structure. This article will provide a full breakdown of fees and how they compare to other popular cryptocurrency exchanges.

What is

Singapore-based was founded in 2016 and has grown into a major cryptocurrency platform, with 10 million users and approximately 4,000 employees. In addition to buying and selling crypto, the platform’s product offerings include an NFT marketplace, the Visa Card, a DeFi wallet, and crypto loans.

The desktop version of the exchange is not yet available for US users. US investors can buy and sell crypto through the exchange’s mobile app. The app is available for iOS and Android.

Users can trade over 250 cryptocurrencies on, including:

Good to know

Cronos is the native token of and powers the exchange’s Pay application. The Pay app allows users to pay merchants with digital cash, purchase NFT collectibles, purchase Pay gift cards, and perform other transactions. fees fees vary depending on several factors. Here is a brief overview of these fees and factors.

Trading fees trading fees are based on the user’s 30-day trading volume. Transaction volumes are categorized into nine different levels. As a user’s trading volume increases, the exchange offers more rebates.

Like most cryptocurrency exchanges, charges two types of trading fees:

  1. Lessee fees. A taker is a user who trades from an existing order and “takes” volume from the order book.
  2. Manufacturer’s fees. A maker transaction occurs when a user creates an order that remains in the order book for a certain period of time. These transactions add volume to the order book and help “make” the market. In general, makers are rewarded with lower trading fees for creating liquidity.

At, makers and takers are both charged 0.4% at Tier 1 Base. Here is an overview of the maker-taker fee schedule.

Trading volume Maker fees Lessee fees
Under $25,000 (Level 1) 0.4% 0.4%
$25,000 to $50,000 (level 2) 0.35% 0.35%
$50,000 to $100,000 (level 3) 0.15% 0.25%
$100,000 to $250,000 (level 4) 0.1% 0.16%
$250,000 to $1 million (Level 5) 0.09% 0.15%
$1 million to $20 million (level 6) 0.08% 0.14%
20 to 100 million dollars (level 7) 0.07% 0.13%
$100-200 million (Level 8) 0.06% 0.12%
$200 million and above (level 9) 0.04% 0.1%

Deposit fees does not charge any deposit fees for cryptocurrency assets, regardless of coin or network. It also does not charge fees for US dollar fiat currency deposits via ACH or wire transfer.. To be eligible for a US dollar fiat wallet that can receive ACH or wire transfers, US users must have:

  • A social security number
  • A residential address in the United States (not a PO box)
  • A US bank account

Withdrawal fee fees apply to withdrawing cryptocurrencies from the exchange. These fees depend on many factors, including the status of the withdrawal network. It’s a good idea to check for an updated list of cryptocurrency withdrawal fees.

Another factor that affects withdrawal fees is the type of cryptocurrency. Each coin has different withdrawal fees which are denominated in that asset. For example, currently charges a withdrawal fee of 0.0001 BTC to withdraw Bitcoin through the BEP20 network.

Purchase costs

Digital cash traders may be charged an administration fee on the exchange. These fees are determined at the time of purchase and vary by market. The administration fee will be displayed on a preview screen for verification before a transaction is submitted.

Since January 2021, has been offering new users a 0% fee for crypto purchases made with a credit or debit card for the first 30 days. Users must live in an eligible jurisdiction and pass the exchange’s Know Your Customer verification to claim the offer.

How do fees compare to other exchanges?

Fee structures tend to vary between cryptocurrency exchanges, so it can be difficult to compare fees between them. While most exchanges use the maker-taker model, a few charge a flat fee and do not distinguish between takers and makers.

Another factor that makes comparisons difficult is the availability of parts. Some exchanges offer certain cryptocurrencies that others do not, making it difficult to compare withdrawal fees.

Nevertheless, here is a comparison of some fees between and other major exchanges:

To exchange Trading fees Bitcoin withdrawal fees 0.04% to 0.4% maker-taker fee .0001 BTC (BEP20)
Binance.FR 0% to 0.1% maker-taker fee (25% discount for Binance Coin) .0000048 BTC (BEP20)
Bittrex 0% to 0.35% maker-taker fee Not applicable
Coinbase 1.49% to 3.99% trading fee (or $0.99 to $2.99 ​​fixed fee) –
0.5% variance fee
Not applicable
Coinbase Pro 0% to 0.6% maker-taker fee Not applicable
CEX.IO 0% to 0.25% maker-taker fee Not applicable
Gemini Transaction fees from $0.99 to $2.99 ​​(for transactions under $200) –
1.49% transaction fee (for transactions over $200)
Up to 0.001 BTC

In terms of trading,’s maker-taker fees are higher than competitors who operate on the same fee schedule. For Bitcoin withdrawals, offers a competitive rate compared to other exchanges.

For those who want to start investing in cryptocurrencies, a centralized exchange like is a good option. Although it has higher trading fees than most of its competitors, it offers trading support for many cryptocurrencies and a wide range of cryptocurrency products accessible from the mobile app .


To minimize withdrawal fees, users should take the time to compare coins before scheduling a transaction. They should also consider converting assets with high fees to lower fees before initiating a withdrawal.

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About the Author

Ryan is a freelance writer specializing in legal and financial writing. He holds a Juris Doctor degree and enjoys learning about cryptocurrencies and the Austrian economy. When he’s not writing, Ryan enjoys travelling, exercising and taking long walks with his dog, Brandy.

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