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Fees comparison of Cryptocurrency Exchanges

Cryptocurrency Exchanges are different in a variety of aspects. One of those are important ones for each investor are fees. Let’s compare their schedule on the biggest and most trustful cryptocurrency exchanges:

  • Binance
  • CoinBase
coinbase vs binance helpito

Fees on Binance

Deposits

SEPA Deposit fee: NO FEE

Bitcoin (other crypto) Deposit fee: NO FEE

Payment card Deposit fee (MasterCard/Visa): +1,8% fee

Withdrawals

SEPA Withdrawal fee: +0,8 EUR fee

Bitcoin Withdrawal fee: 0,0005 BTC (23 EUR/28 USD)

Payment card Withdrawal fee (Visa): +1% fee

Buy & Sell and Trading

Trading fee (up to 50 BTC): 0,1% fee

Full list of fees for trading on Binance.

Fees on CoinBase

Deposits

SEPA Deposit fee: NO FEE

Bitcoin (other crypto) Deposit fee: NO FEE

Payment card Deposit fee (MasterCard/Visa): +3,99% fee

Withdrawals

SEPA Withdrawal fee: +0,15 EUR fee

Bitcoin Withdrawal fee: NO FEE

Payment card Withdrawal fee (Visa): +1% fee

Buy & Sell and Trading

Standard CoinBase Buy/Sell: 1,49%

Trading fee on Coinbase PRO (up to 10k USD): 0,5%

Trading fee on Coinbase PRO (10k – 50k USD): 0,35%

Trading fee on Coinbase PRO (50k – 100k USD): 0,25% TAKER fee / 0,15% MAKER fee

Trading fee on Coinbase PRO (100k – 1m USD): 0,2% TAKER fee / 0,1% MAKER fee

Please, note CoinBase fees vary on the originated Country of yours – the full list of CoinBase fees.

Full list of CoinBase PRO fees.

Which cryptocurrency exchange has lower overall fees?

It may look like Binance has much lower overall fees when you just compare them by the lowest overall exchange amounts BUT consider you want to move your Bitcoins to the safety of your hardware wallet!

This fact changes the situation because then you might pay much less while using CoinBase!

Taking into account some numbers and considering today’s BTC price around 50 000 USD, you will pay less on fees with CoinBase when your overall monthly exchange amount will not exceed 6000 USD.

Between 6000 USD and 10 000 USD, is better to use Binance!