6 Best Crypto Exchanges With No Fees (2026)

What “no fee” really means

KCEX is our top pick if you want free spot trading on a very wide coin selection, near-free futures and free withdrawals. When you are trying to pay as little as possible, a zero trading fee is only the starting point. You also need to know whether it covers spot and futures, makers and takers, and every pair you trade.

Money you save on commissions can still go on withdrawal and network fees, bridge charges, futures funding and the spread on instant buys. Low fees often come with trade-offs too, such as no proof of reserves, slower execution on free tiers or no way to cash out to a bank. Each exchange below covers what is free and what it costs you instead.

1. KCEX

KKCEX7.3/10Read reviewVisit ↗

KCEX charges 0% on spot trades for makers and takers across 819 coins, so buying and selling costs nothing whether you place a limit order or buy at market price. Futures are nearly as cheap: limit orders cost 0% and market orders 0.01%, on 861 coins with up to 125x leverage.

Moving coins out is free as well, because KCEX charges no withdrawal fee and pays the network fee for up to 100 withdrawals a month. The catch is that everything runs in crypto, with no card, bank or fiat option, so you need another service to buy your first coins and to cash out. KCEX also doesn't publish proof of reserves, so you can't check that customer deposits are fully backed.

KYC is optional, and unverified accounts can withdraw up to 15 BTC a day. KCEX launched in 2021 and is based in Seychelles with Carl Yang as CEO, but its founders are undisclosed, so you can't see who ultimately owns it. That opacity, together with the missing reserve proof, is its main risk: you are trusting your coins to a company you can't fully check, even though it has never been hacked.

Key points

• Spot trading costs 0% for makers and takers, while futures cost 0% for makers and 0.01% for takers.
• KCEX charges no withdrawal fee and covers the network fee for up to 100 withdrawals a month.
• The main catch is crypto-only funding and no proof of reserves, so you need another service for cash and can't verify that deposits are backed.

2. Lighter

LLighter7.5/10Read reviewVisit ↗

On its standard account, Lighter takes no trading fee at all: 0% for makers and takers on spot, and 0% for both sides on futures. Its perpetual futures market lists 205 coins and allows 50x leverage at most, but spot has only 2 coins, so the savings mostly go to futures traders.

What you give up for free trading is speed: standard maker orders wait around 200 milliseconds and taker orders around 300, while faster Premium accounts pay 0.002% maker and 0.02% taker. Lighter adds no deposit or withdrawal fee of its own, so network gas is your only cost of moving funds. It is non-custodial, which keeps your money under your control, but support runs only through Discord and there's no mobile app, so help can be slow when you need it.

You can deposit with crypto, card, Apple Pay, Google Pay or bank transfer, withdrawals are crypto only, and there's no KYC because you trade from your own wallet. Lighter dates from 2022, has its headquarters in the United States, and co-founder Vladimir Novakovski serves as CEO. Its main risk is occasional technical outages, which have not cost users funds but can leave you unable to adjust a position in a fast market.

Key points

• Standard accounts pay 0% on both spot and futures, for makers and takers alike.
• Lighter charges nothing of its own on deposits or withdrawals, so you only pay network gas.
• The catch is slower execution on the free tier and a spot market of just 2 coins, so it suits futures traders who aren't chasing speed.

3. Bitfinex

BBitfinex6.3/10Read reviewVisit ↗

Zero trading fees plus a way back to your bank is what Bitfinex offers: spot costs 0% for makers and takers, and perpetual futures cost 0% for both sides, with up to 100x leverage. The range is narrower than at KCEX or Ourbit, with 82 spot coins and futures on 141 assets, so check that your coins are listed.

It is the only exchange here where you can withdraw by bank transfer or SEPA, and you can pay in by card, bank transfer or SEPA too, which saves routing cash through another service. Crypto deposits are free, and Bitfinex publishes proof of reserves, which lets you verify that customer holdings are backed. The trade-off is mandatory KYC: you must verify your identity before you can deposit at all, so anonymous trading isn't possible.

Options, traded through its Thalex link, cost 0.025% for makers and takers. Founded in 2012, Bitfinex operates out of the British Virgin Islands; Raphael Nicolle co-founded it and JL van der Velde is CEO. Its main risk is its security record, since hackers stole about $72 million worth of Bitcoin from the exchange in 2016, a reminder that coins left on any exchange are exposed if its defences fail.

Key points

• Spot costs 0% and perpetual futures 0%, for makers and takers alike.
• Bitfinex is the only exchange here with bank and SEPA withdrawals, and it publishes proof of reserves.
• The catch is mandatory KYC and a 2016 hack, so you give up anonymity and trade on a platform with a past breach.

4. Ourbit

OOurbit8/10Read reviewVisit ↗

Free spot trading on a big menu is Ourbit's draw: 0% for makers and takers across 565 coins. Futures do cost money: 0.02% for makers and 0.04% for takers, across 756 coins and leverage as high as 500x, so it is cheapest if you mainly buy and sell spot.

Ourbit charges nothing of its own on deposits or withdrawals, so network gas is the only cost of moving coins. It publishes proof of reserves backed by third-party audits, which lets you check that your deposits are covered. You can fund with crypto or a card, but withdrawals are crypto only, so cashing out to a bank needs another service.

KYC is optional, and unverified accounts can withdraw up to 30 BTC a day. Ourbit started in 2023 with its home base in the British Virgin Islands, and Joseph Han, a co-founder, runs the company day to day. Its main risk is a short track record, which means it has had little time to show how it copes with a market crash or a security incident.

Key points

• Spot trading costs 0% for makers and takers on every spot coin.
• Futures are not free: makers pay 0.02% and takers pay 0.04%.
• The catch is crypto-only withdrawals and a young platform, so you need another service to cash out and are betting on an exchange without a long record.

5. Deribit

DDeribit6.7/10Read reviewVisit ↗

Deribit is built for derivatives, and its cheapest trade is a futures limit order: the maker fee is -0.01%, a rebate paid to you, while takers pay 0.05%. Deribit's futures span 134 coins and go to a maximum of 50x leverage, and spot costs 0% for makers and takers, but only 11 coins trade there, so it's no place to hunt altcoins.

The other costs sit around the trade: perpetual positions pay or receive a funding rate, contracts carry a delivery fee at expiry, and liquidations trigger a fee too. Options cost 0.03% for makers and takers. Deribit doesn't publish proof of reserves, leaving you no way to confirm that customer deposits are fully backed.

Deposits carry only network fees, withdrawal fees follow network conditions, and you can use card or crypto, but KYC is required before you get a deposit address. Set up in 2016, Deribit is headquartered in Dubai; John Jansen co-founded it and Luuk Strijers leads it. Its main risk is its security record: hackers took about $28 million in BTC, ETH and USDC from its hot wallets in 2022, so keep no more on it than you are trading with.

Key points

• Futures makers get a rebate at -0.01%, while takers pay 0.05%.
• Spot is free for makers and takers but covers just 11 coins.
• The catch is mandatory KYC, no proof of reserves and a 2022 hot-wallet hack, so you trade verified and can't check the exchange's backing.

6. Paradex

PParadex6.2/10Read reviewVisit ↗

If you trade perpetual futures through its interface, Paradex charges nothing: 0% for makers and takers on a menu of 59 coins, where leverage reaches 50x. Options cost 0% for both sides as well, while spot is limited to ETH/USDC, so this is a futures venue first.

The price of free trading is a built-in delay: retail orders wait 500 milliseconds and cancellations 300, and very active accounts get moved to the paid Pro profile. Paradex adds no platform fee on deposits, but you pay network gas and bridge charges, which can be noticeably higher when networks are busy. Funding on perpetuals runs continuously rather than at set times, so the cost of holding a position adjusts gradually.

There is no KYC, since you log in with your own wallet or by email, and you fund the account with USDC from many networks. Paradex went live in 2023 from a base in the United States, and Anand Gomes, one of its co-founders, holds the chief executive role. Its main risk showed in January 2026, when a database error displayed wrong Bitcoin prices and set off liquidations; the team rolled the chain back and refunded about $650,000, but your positions still depend on the operator getting things right.

Key points

• Retail traders pay 0% on perpetual futures for makers and takers.
• Deposits carry no platform fee, but network gas and bridge charges still apply.
• The catch is a spot market limited to ETH/USDC, deliberate order delays and a January 2026 incident that triggered liquidations, so it suits patient futures traders.

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges with no trading fees. We compared what each exchange charges on spot and futures, which pairs are actually free, what it costs to move money in and out, and how it has handled security. The order is our editors’ judgment of each exchange’s whole package, while the CWR Score on each card rates that exchange on its own, which is why some exchanges placed lower have a higher score.

• Spot maker and taker fees
• Futures maker and taker fees
• Which pairs and account types are fee-free
• Deposit and withdrawal costs
• Security record and proof of reserves

Hidden costs to check before you trade

A zero trading fee doesn’t mean a trade costs you nothing.

• The spread on instant buy or convert. Quick-buy and convert buttons can price in a spread, so you may pay more than the order-book price even when the trading fee is zero. Placing a limit order on the spot market avoids this.
• Withdrawal fees per coin. Withdrawal costs vary by coin and network. KCEX covers the network fee for up to 100 withdrawals a month, Lighter and Ourbit add no fee of their own but pass on network gas, and Deribit’s withdrawal fees follow network conditions.
• Card, bank and bridge costs. Paying in by card or bank transfer can carry charges that have nothing to do with trading fees, so check them before you fund. On Paradex, bridge charges vary by provider and can be noticeably higher when networks are busy.
• Futures funding rates. Holding a perpetual position means paying or receiving funding, which can outweigh a zero trading fee if you hold for days. Deribit uses a funding rate to keep perpetual prices in line with spot, and Paradex charges funding continuously.
• Whether zero covers every pair and order. KCEX charges futures takers, Ourbit charges futures makers and takers, and Deribit charges futures takers while paying makers a rebate. Lighter and Paradex keep zero fees for standard retail accounts, while their faster tiers pay fees.

Bottom line

KCEX is the best all-round choice if you want free spot trading on a huge coin list, near-free futures and free withdrawals, as long as you are happy to work only in crypto and trust an exchange that doesn’t publish proof of reserves. Lighter and Paradex charge nothing on futures and let you keep control of your funds, at the cost of slower execution. Bitfinex is the pick if you need to cash out to a bank and want published reserves, and can accept mandatory KYC. Ourbit gives you free spot trading with proof of reserves but charges on futures, and Deribit rewards futures makers with a rebate but offers little on spot. Whichever you choose, check withdrawal, bridge and funding costs before you trade.