Kraken
The best balance of security, regulation and all-in cost for most people in the US, UK and EU.
Seven established venues ranked on what a trade actually costs, how they handle security and regulation, and who each one suits. No paid placement.
The best balance of security, regulation and all-in cost for most people in the US, UK and EU.
Deep liquidity and low spot fees, with the widest asset list of the group. Not for US residents.
The simplest onboarding and the strongest brand recognition — use Advanced Trade to keep fees sane.
Base-tier spot fees. Volume discounts, token discounts and payment-method fees are not included.
| Exchange | Score | Maker / taker | Notes | Visit |
|---|---|---|---|---|
| KRKrakenSecurity, US & EU users | 4.6 | 0.25% / 0.40% | Regulated in the US, UK and EU; strong record; Pro interface | Visit ↗ |
| BIBinanceLow fees, global access | 4.5 | 0.10% / 0.10% | Deepest liquidity; not available to US customers | Visit ↗ |
| COCoinbaseUS beginners | 4.4 | 0.40% / 0.60% | Simple onboarding; use Advanced Trade, not simple buy | Visit ↗ |
| OKOKXActive traders | 4.3 | 0.08% / 0.10% | Low maker fees; broad tooling; check local availability | Visit ↗ |
| GEGeminiUS compliance | 4.2 | 0.20% / 0.40% | Regulated US venue; ActiveTrader tier needed for low fees | Visit ↗ |
| BYBybitDerivatives traders | 4.2 | 0.10% / 0.10% | Strong derivatives suite; spot UX improving | Visit ↗ |
| BIBitgetCopy trading | 4.1 | 0.10% / 0.10% | Copy-trading features; wider spreads on small caps | Visit ↗ |
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Each review covers the fee structure, the practical experience and the main trade-off. Full scoring criteria live in our methodology.
Kraken is the venue we would point a cautious first-time buyer to. It is regulated in the US, UK and EU, has a long operating record, and publishes reserve information. The Pro interface is genuinely usable once you turn off the simplified view, and the fee schedule is published in full rather than hidden behind a quote.
The trade-off is that the standard Pro tier is not the cheapest on paper. At 0.25% maker and 0.40% taker, a $10,000 round trip costs meaningfully more than on Binance or OKX. For occasional buyers, the difference is a few dozen dollars — worth paying for a venue you trust with a bank transfer.
Binance remains the deepest spot market in crypto. Base fees of 0.10% per side are low, and holding BNB or hitting volume tiers pushes them lower. The asset list is broader than any US-regulated venue, which matters if you trade beyond the top twenty.
The caveats are regional and practical. Binance.com is not available in the US (Binance.US is a separate, more limited product), and regulatory treatment varies by country. Support quality has improved but can still be slow during incidents. Treat it as a trading venue, not a vault.
Coinbase is the simplest place to start in the US: bank linking is clean, the app explains assets in plain language, and customer support is reachable. The catch is the fee gap between the simple buy screen and Advanced Trade. Simple buys can carry a spread and fee well above 0.6%; Advanced Trade is closer to 0.40% maker and 0.60% taker at the base tier.
For a first purchase, that convenience can be worth it. For regular trading, switch to Advanced Trade immediately and keep balances in a self-custody wallet.
OKX has some of the lowest maker fees among major venues and a well-built trading interface, along with a self-custody wallet that connects to its exchange. It is a strong choice for people who trade often and know what they are doing.
Availability and regulatory status differ by country, and the product surface is large. Newer users can find the number of options overwhelming, and the fee table has enough tiers to require a careful read.
Exchanges advertise the lowest maker fee and bury the cost that applies to you. Four lines matter:
We do not accept payment for a higher score. Affiliate revenue is disclosed and capped at the cost of running the site.