What is a crypto exchange?

A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market.

What are crypto exchange fees?

Exchange fees are how crypto exchanges make money. In other words, they’re service fees that include: Trading fees, charged when making transactions and are also called “maker/taker” fees. Trading fees indicate whether a crypto order provides liquidity to the market or not. These also apply when converting currencies.

How to choose a crypto exchange?

There are lots of fees to take into account when choosing an exchange. Exchanges like Crypto.com, Binance.US and Coinbase are known for having competitive transaction fees. But, it’s also important to consider deposit and withdrawal fees, possible account inactivity fees and spreads. What is the most trustworthy crypto exchange?