Cryptocurrency commission size, exchange or broker
For several years now, cryptocurrencies have been among the top not only most traded assets, but also among the most profitable.
Successful trades bring investors record profits, sometimes measured in hundreds of percent. Therefore, few people consider the fees charged when trading cryptocurrencies.
After all, what role do a couple of percent play if you earned several hundred of these percent on the transaction?.
But this approach is only valid if you are making long-term or medium-term trades and are not using leverage .
This can be easily verified with a simple example: a $10,000 trade with 1:10 leverage and a 0.1% commission. In this case, you'd pay $100 in commission per trade, and 10 such trades would total $1,000.
In any case, it would be a good idea to compare cryptocurrency commissions on different trading platforms and find the most profitable option.
Commissions on major exchanges and brokers:
| Exchange | Maker | Taker | Discounts / Terms |
|---|---|---|---|
| Binance | 0,1% | 0,1% | Up to 25% when paying with BNB |
| Coinbase | 0,4% | 0,6% | Decrease in high volume |
| Kraken | 0,25% | 0,4% | Decrease in high volume |
| Stock Broker | 0.01% (Standard account) | 0.005% (PRO account) |
Minimum commission on the market, the amount |
Binance — 0.1% (maker/taker), with BNB fees — 0.075%. Recommended for active traders using the native currency. There are also good discounts on fees for large clients.
Coinbase — 0.4% (maker), 0.6% (taker). High fees, better suited for long-term holders and buying cryptocurrencies not listed on other exchanges.
Kraken — 0.25% (maker), 0.4% (taker), reduced rates for large volumes. Suitable for traders with large trades, it offers the highest level of security among crypto exchanges.
Exchange Broker — 0.01% (Standard), 0.005% (PRO). Ideal for high-frequency trading and large volumes. High interest on deposit balances. Furthermore, brokerage companies have a higher level of security compared to crypto exchanges and are insured against bankruptcy.
Depending on your trading style, you can choose the most suitable option, but I would recommend cryptocurrency brokers , as this is not only more profitable, but also much safer than trading on crypto exchanges.
