A Comprehensive Look at Trading Fees Across Spot Exchanges
Quick Take
- Trading exchanges offer various services, however, the fee generated from trading is the main source of revenue.
- Lowering the trading fees is one of the obvious ways to incentivize more traders to interact with the exchange.
- Overall, Luno and FTX are the cheapest exchanges whereas Gate.io and crypto.com are the most expensive exchanges for spot trading
- Luno maintains its ‘zero trading fees for makers’ status for the second year in a row, while Coinbase Pro increased its trading fees
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Author: Atharv Deshpande