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The market behind the numbers

Every trade has a price. We make it visible.

Compare crypto exchanges by real costs: enter your trading profile and see what your trades actually cost across different exchanges.

Independent research, comparisons and analysis for crypto traders.

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Your exchange costs more than you think

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98Exchanges analyzed
178Fee schedules compared
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Independent research

Deeper insight. Real numbers.

From regulation and security to real costs: we give you the facts so you make better decisions.

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CostsThe true cost of crypto tradingWhat you pay, what you don't see, and what it really costs you.SecurityProof of Reserves explainedHow PoR works and why it matters for your security.RegulationWhat is a MiCA licence?Why MiCAR licences matter and which exchanges hold one.RegulationWhat is MiFID II?The European rules for derivatives and what they mean for you.CapitalYield on collateral explainedEarn interest on your collateral. Here's how it works.RegulationWhat is PSD2 / EMI?The payment licence behind your euros: SEPA, fiat wallets and card products.CapitalCross collateral explainedMultiple assets pooled as collateral: more capital-efficient, but with its own liquidation risks.CapitalCapital efficiency explainedNot just fees: margin, funding and idle capital also decide what you keep.DerivativesPerpetuals vs expiry futuresNo expiry date with funding, or an expiring future? The differences and what they cost.
ⓘ Costs are estimates based on official fee schedules; "t.b.d." = schedule not verified yet. More about our calculation →

Every exchange we rate

We rate exchanges on licences, costs, products and yield. Every score comes from more than fifty objective criteria; open an exchange for the full review.

Backpack8.8Binance5.9BitfinexBitgetBitMEXBitstamp6.3Bitvavo6.0Bybit6.0Coinbase7.1Crypto.com6.6Deribit7.8Finst5.9HyperliquidKraken6.5MEXCOKX7.6