There’s a number of variables to examine when choosing a crypto exchange on which to trade, ranging from the assets it lists to the quality of its mobile app. While these characteristics are important, arguably the most critical factor of all – as well as being the easiest to quantitatively measure – is trading fees.
Different exchanges charge different fees for spot trading, which start at a base rate before reducing further for high volume traders. While the fees may seem miniscule, at a few fractions of a percent, over the course of hundreds of trades these can quickly add up. Depending on your trading volume, picking an exchange that offers the lowest fees can save you hundreds or thousands of dollars a year. It’s one of the most important crypto trading decisions you’ll ever make.
To help you make that decision, the following seven exchanges offer some of the most competitive spot fees in the industry. They also score highly for the other attributes that go
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