8 Best Places to Trade Crypto with No Fees in 2021

What are the best places to trade crypto with no fees? The major crypto currency exchanges like Binance, Coinbase and others are good platforms to trade crypto assets but there is a certain amount of fee involved with every transaction made.

However, there is an alternative way to trade your crypto coins – using the platforms that allow crypto trading with no fees.

These zero-fee cryptocurrency trading platforms will allow you to buy, sell and trade Bitcoin and other crypto assets without charging any commission on it, thereby increasing your profit.

This is good news for the active traders because it allows them to make their trades more profitable. Check out Best Crypto Exchanges.

They can not only exchange coins on these platforms but can even earn some rewards, depending on the specific trading platform they have chosen.

Once you find a good platform and register yourself with it to create a new trading account, you will need to follow a few specific steps to make your trades more profitable and secure.

One of these is to select the spot trading or zero fees option.

8 Best Places to Trade Crypto with No Fees

Best Places to Trade Crypto with No Fees

Trading commissions and fees can eat up a considerable portion of your profit, especially if you trade quite frequently.

Over time, you will realize that you have lost a lot of wealth in the long run. This is where a zero-fee crypto exchange proves to be a good option.

However, not all such crypto trading platforms are good to go for.

You should choose one of the best places to trade your crypto assets so that you do it without compromising with the safety and security aspect.

Here is a list of some of the best platforms to trade your crypto assets without fees.

1. Phemex – Demo Account Offered

If you want a platform that offers derivatives, spot, and simulated trading then Phemex is the crypto trading exchange you should go for.

You can do it all from one single platform which will make your job much easier.

Phemex, a dream of eight former executives of Morgan Stanley, was launched in 2019.

Today, it is one of the leading crypto financial service providers in this industry. It allows users from all over the world to trade cryptocurrencies through this platform.

The platform allows trading crypto assets without fees but only by premium users and on the spot trading exchange.

As for trades done on margin trading platforms they charge fees that are highly competitive.

You will have a leverage of up to 100 times for derivatives trading through this platform with BTC and USD contract settlement.

And, to manage risks they take adequate measures through advanced order types.

If you are a beginner then you can create a cryptocurrency demo account to practice and see how more than 300k transactions are made in each second through this platform.

In addition to that, the platform also offers cold wallet storage and a mobile app for trading which is quite responsive and fast.

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If you are satisfied with the demo account you can create an account to get access to the Premium Membership free but for 7 days.

You can extend this up to one month if you refer someone to this exchange.

Once the trial period is over you will need to buy the Premium Membership for a low daily fee to trade your coins without any fees.

This is a very small price to pay to buy, sell and trade crypto coins without any commissions paid on them, especially for those traders and investors who deal in high volume.

2. Crypto.com – More Features and Crypto Services

Crypto.com comes with a lot of useful features and offers a lot of different crypto products and services.

This digital asset platform has been one of the most significant ones to grow rapidly in the recent years. Its user base is huge with more than 1 million and counting.

This popular crypto exchange is supported and proves to be a worthy competitor of the conventional financial services.

You can make the best use of its features and functionality whether you are buying, selling or trading crypto assets on this platform.

The best part of this crypto trading platform is that it continually tries to develop and offer innovative services to the users.

All its services and products are aimed to expedite the adoption of the digital assets and blockchain technology by the people as well as improve the user experience while dealing with cryptocurrencies.

One of the most significant features of this trading platform among several other limited-period promotional offers is zero-commission trading for the new users for a period of 90 days.

And they are also entitled to get a bonus of 2% in the deposit interest rate for the first 30 days after opening an account with them.

However, they never forget their existing users as well. For them they offer up to 50% discount on trading fee on all trades made by them.

Also, the Crypto.com App users can send crypto coins instantaneously and with no fees. You can even buy Bitcoin with your credit card with no fees.

Included in their features and crypto services are cash loan offers and paying bills with cryptocurrencies.

3. Shapeshift – Safe and Seamless Environment

Users from all over the world can find some of the best crypto services provided by Shapeshift, a digital marketplace founded in 2014 by Erik Voorhees.

If you want to exchange your digital assets in one of the most secure, seamless and safest environments then this is the one exchange that you should go for.

All transactions are made fast, within minutes, whether you swap Bitcoin to other Altcoin or vice versa.

There will be no hassles when you use their zero-fee trading platform as well which they have launched very recently.

However, to be eligible to trade free of commissions, you will need to hold FOX tokens, their native coin.

You will need to deposit 100 such tokens for free while you create your account with them.

Once you do so you will be able to create your new wallet or connect your existing Portis, KeepKey, or Trezor wallet. The platform will allow you to purchase crypto coins with your bank account as well.

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The dashboard of this platform is quite intuitive and powerful wherein you can observe the performance of your portfolio.

You can also use it to trade crypto for free and instantly with more than a thousand crypto pairs.

4. Kucoin – An Easy to Use Platform

Kucoin can be used by users all around the globe as well. This crypto exchange is very easy to use and allows exchanging digital assets and cryptocurrencies without commission as well.

Since its launch in 2017, this exchange has grown significantly and as of now has more than 5 million users around the globe which signifies its popularity.

It offers its users a lot of crypto products and innovative services which includes spot exchange of coins.

In addition to that it is also favored for futures markets, staking rewards, margin trading, buying cryptocurrencies with credit or debit card, and lending services that allows users to earn interest on their holdings.

It also supports large orders of several different cryptocurrencies as well as immediate transaction settlement.

The ‘Instant Exchange’ feature was launched recently and it offers the best available rate of exchange in the global market.

Using this one-click exchange you can buy different types of crypto coins such as BTC, ETH, LTC, and XRP, all with zero-commission on trading as well as at best prices available.

5. Amplify – No Prerequisites

Amplify is one of the most popular exchanges because it does not have any specific prerequisites to allow the users to trade, buy and sell crypto coins with no fees.

However, this benefit is not offered to the residents of the United States and Canada as of now.

Starting its journey in 2019, this exchange has done a very good job in solving several major issues in the crypto space that slows down crypto adoption in the broader perspective.

The features and crypto services offered by this platform have reduced the common frustrations the traders experience while exchanging their crypto assets.

Another good thing about this exchange is that it has more than 14 crypto pairs including and not limited to Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, Ripple, Dash, Stellar Lumens, Cardano, NEO, ZRX, EOS, Amplify Loyalty Token and more.

You can trade each of these pairs for BTC, ETH, AMPX, or fiat currency and pay no fees or commissions for making such trades.

And, though the interface may surprise you a bit when you log in for the first time being a little different from the other margin crypto exchanges, it is quite simple and easy to use by the beginners.

6. Lykke – Multiple Fiat Currency Support

The Lykke crypto digital exchange is quite innovative in its working process as well as the crypto products and services that it offers to its users.

This Swiss exchange supports crypto trading, crypto index trading and even Forex trading with support for numerous fiat currencies.

With all these services and features, this digital exchange offers a platform that is easy to step on by the beginners in crypto trading, and, of course, for the experienced traders as well.

You can trade your crypto assets for different base currencies such as USD, Euro, CHF, and GBP. In addition to that, you can also avail one of the many crypto-to-crypto exchange services provided by this platform.

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You can use this platform from your desktop or use the mobile app of it to get the same benefits. Using it, you can convert fiat currencies into digital assets and exchange them against Altcoins without paying any fees for it.

Another good thing about this platform is that it will allow you to diversify your portfolio while investing and buy LyCI index tokens. The index comprises 24 popular Altcoins and 59% Bitcoin.

7. Digitex – A P2P Crypto Futures Exchange

Digitex Futures Exchange, commonly referred to as DFE is a P2P crypto futures exchange wherein you can trade crypto assets with zero fees.

When you trade the Bitcoin perpetual swap futures contract you will get significant leverage.

This exchange uses the blockchain technology of ETH and the model of exchange is based on the balance of its native coins of the users, the DGTX token.

This is their primary criterion to consider a user to be eligible to enjoy the benefit of zero-fee trading.

Though the user interface of this exchange seems to be a bit dated and lacking in functionality, the future prospects of it are quite good.

However, you may feel a bit let down since Digitex lacks superior trade order types forcing you to spend a considerable amount of time in scrutinizing the charts.

8. Blade – More Leverage

If you wish to trade Altcoin and Bitcoin crypto perpetual contracts with 150x leverage, you may consider using the Blade exchange.

This exchange is safe and reliable and is supported by some of the major investors such as SV Angel and Coinbase.

This is a dedicated platform for Bitcoin perpetual contract trading that allows doing so for no fees or commissions charged from the traders.

The good thing is that there are no eligibility requirements or restrictions imposed in making such trades on this platform.

This is one of the best crypto trading platforms for the traders and scalpers who trade frequently and in high volume.

It will allow you to use significantly high leverage when you enter or exit a trade.

This will significantly increase your chances to make a considerable amount of profit with low cost even if there is a slight fluctuation in the price of the crypto assets.

However, this crypto exchange is not for you if you are looking for trading tools and indicators because these are not included in Blade, yet.

Conclusion

The zero-fee exchanges increase the profit, competition and pressure to cut the fees of the other crypto trading exchanges.

All day traders and scalpers use these crypto trading exchanges to benefit from the market and price movements.