Crypto Exchange Fees Explained (Including the Hidden Ones)
The 'fee' an exchange advertises is rarely the full cost. Here are all the ways trading crypto actually costs you money — and how to compare like for like.
Maker vs taker fees
A 'taker' fee applies when you take liquidity (instant market order); a 'maker' fee applies when you add liquidity (limit order that waits). Maker fees are usually lower — using limit orders can meaningfully cut your costs.
The spread (the hidden one)
The 'simple buy' button on many apps carries a spread — the gap between buy and sell price — that can dwarf the headline trading fee. It's the single most overlooked cost for beginners.
Deposit, withdrawal & conversion fees
Card deposits and fiat conversion often cost more than bank transfers. Withdrawal fees vary by asset and can include a markup over the real network cost. Always check before moving funds.
How to compare fairly
Compare taker fees for like-for-like order types, and factor in spread and withdrawal costs — not just the advertised percentage. Our reviews list each exchange's real fee structure.
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