Crypto Exchange FAQ

FeeLessTrade is a reference site that compares cryptocurrency exchanges such as MEXC, Bybit, Bitget, OKX and KCEX, publishes guides, and links to each exchange's sign-up page through referral links. We may earn a commission from the exchange when you register.

How the site works and how it earns

Yes, using this site is free. We may earn a commission from an exchange when you register through our link, at no extra cost to you. Any fee discount you receive is set by the exchange.

Choose an exchange from our referral links page, open its guide, and follow the step-by-step sign-up. Check the exchange's fees and its licence status in your country before you deposit.

See the exchanges and sign-up links

Fees change often and depend on your VIP tier, order type and the product, so check each exchange's current fee schedule directly. Our fee comparison shows the base spot and futures fees we could confirm on each exchange's own pages, with the date checked and a source link.

Read the exchange fee comparison

Some exchanges give referred users a fee discount or promotion through their referral programs. If an exchange offers one, the exchange sets it and can change it, so we do not quote a figure. After you register, check the fee page in your account.

A maker order adds liquidity to the order book, for example a limit order that waits for its price. A taker order removes liquidity, for example a market order that fills immediately. Exchanges usually charge makers a lower rate than takers.

Multiply the trade size by the fee rate, and remember a round trip pays the fee twice, once to open and once to close. Our fee calculator does the arithmetic.

Open the fee calculator

Affiliate terms are set by each exchange's own program and can change, so check the exchange for current terms. Earnings depend on how much the people you refer trade and are not guaranteed; many referrers earn little or nothing.

Payment schedules and minimum payouts are set by each exchange. Check the exchange's affiliate terms for the details.

Each exchange lets you generate a referral link in your account, usually in an affiliate or referral section, where a dashboard also shows who signed up through it. You can have referral links for more than one exchange.

Rules on promoting crypto differ by country. Check your local regulations and each exchange's affiliate terms, and always disclose your affiliate relationship. Do not treat this answer as legal advice.

Tax rules vary by country. Ask a tax professional how to report referral income where you live.

Licensing and security differ by exchange and by country. Each exchange describes security measures such as two-factor authentication, and some publish proof-of-reserves reports, but proof of reserves is a point-in-time snapshot and not a guarantee, and no exchange is risk-free. Check each exchange's own current security pages and licence status where you live, and only keep on an exchange what you can afford to lose.

See each exchange's guide

Use a unique strong password, turn on two-factor authentication with an authenticator app, enable any anti-phishing protection, bookmark the official site, and never share a recovery phrase or code. Be suspicious of anyone who contacts you first offering help or guaranteed returns.

This site has no accounts or deposits. Read our privacy policy for what it handles, and read each exchange's own privacy and security practices before you register with it.

Read the privacy policy

Register on an exchange, complete any identity verification it asks for, deposit funds, open the BTC/USDT spot market, place a market or limit order and check your balance. Compare each exchange's current fee schedule before you place an order.

How to buy Bitcoin: exchanges, fees and steps

Create an account on an exchange that lists ETH, verify it if asked, deposit USDT or other funds, open the ETH/USDT spot market and place a market or limit order. Keep some ETH if you later withdraw to your own wallet, because gas is paid in ETH.

How to buy Ethereum: exchanges, fees and steps

The steps are the same: pick an exchange that lists the coin, fund the account, open the spot market for the coin and place your order. The differences are in withdrawals: XRP and TON deposits usually need a destination tag or memo, BNB exists on more than one network, and PEPE moves on Ethereum. Each coin has its own guide.

Start with the Solana guide, or pick another coin from the home page

Several exchanges offer a buy-crypto section that accepts cards in some regions. Availability, providers and fees differ by country and change over time, so check the exchange before you rely on it. Card purchases usually cost more than a spot order or a bank transfer.

Register on an exchange that lists the coin, deposit USDT or BTC, search for the coin in the spot market and place your order. Small altcoins are far riskier and less liquid than Bitcoin, and some are scams; verify the project before you buy.

Read about the risks of meme coins

No. The step-by-step guides are written for beginners. Start small and learn how the exchange works before you trade larger amounts.

Read the beginner roadmap

Most major exchanges work in a desktop browser and have mobile apps. Check the exchange for what it supports.

Contact the exchange's own support team; we cannot access your exchange account. For questions about this site, use the contact page.

Contact FeeLessTrade

Each exchange has its own terms; review them carefully before you join. FeeLessTrade provides guides and information, and nothing on it is financial advice.

Read our terms of service