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Top 11 Platforms To Trade the Cheapest Cryptocurrencies

22 mins
Fact Checked
by May Woods
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This comprehensive guide is designed to help you discover the cheapest crypto platforms, learn how to buy the cheapest cryptocurrencies and find the best exchanges with the lowest trading fees.

Whether you’re a novice or an experienced trader, this article will provide insights into affordable altcoins, user-friendly platforms, and more, ensuring you make the most of your investments. Here’s our top selection of the crypto platforms that will help you buy and trade the cheapest crypto. 

Top platforms to trade the cheapest crypto

1. Uphold

Best for multi-asset investors
Supported assets
250+
Availability
U.K. & 180+ countries
Withdrawal limit
up to $10,000/day (ACH)
Minimum deposit
N/A

2. Coinbase

Best for first-time investors
Supported assets
237
Availability
U.S. & 100+ countries
Withdrawal limit
$100,000/day

Minimum deposit
$2

3. KuCoin

Best for a wide range of cheap cryptocurrencies
Supported assets
749
Availability
U.K. & 180+ countries
Withdrawal limit
$150,000/day

Minimum deposit
$1

4. Margex

Best for privacy-oriented traders
Supported assets
11
Availability
E.U. & 180+
Withdrawal limit
Depends on the crypto

Minimum deposit
$10 in crypto

5. OKX

Best for first-time investors
Supported assets
316
Availability
E.U. & 100+
Withdrawal limit
$1,000,000/day
Minimum deposit
€1

6. Kraken

Best for crypto security
Supported assets
248
Availability
U.S. & 100+ countries
Withdrawal limit
$100,000/day
Minimum deposit
$2

7. BYDFi

Best for margin trading
Supported assets
360+
Availability
E.U. & 150+ countries
Withdrawal limit
Up to 6 BTC/day
Minimum deposit
$30

8. eToro

Best for copy trading
Supported assets
50+
Availability
U.K. & 70+ countries
Withdrawal limit
N/A
Minimum deposit
$10 or more

9. Bitpanda

Best secure crypto broker
Supported assets
300+
Availability
Europe
Withdrawal limit
€100,000/day
Minimum deposit
€10

10. Bybit

Best for derivates trading
Supported assets
523
Availability
U.S. & 180+ countries
Withdrawal limit
1,000,000 USDT/day
Minimum deposit
$1

11. Binance

Best for all traders
Supported assets
399
Availability
U.K. & 100+ countries
Withdrawal limit
$50,000 /day or more
Minimum deposit
$1

Cheapest crypto platform comparison chart

RegulationMin. depositTrading feesNo. of coins
CoinbaseFCA, most US states$50Up to 0.6% + spread150+
KuCoinNone$50.3% or less700+
MargexNone$10 in crypto0.019% maker 0.060% taker11+
OKXVARA$100.1% or less343+
KrakenFCA$10.16% maker 0.26% taker240+
UpholdFinCENN/A0.25% – 2.5%250+
BYDFiUS and Canada MSB dual license$300.1% maker 0.3% /taker360+
eToroFCA, CySEC$101% + spread70+
BitpandaAMF, BDE$101.49% premium199+
BybitCySEC$10.10%520+
BinanceAMF$10.1% or less600+

Top 10 cheapest cryptocurrencies

The top cheapest cryptocurrencies can change at any moment. Digital assets are highly volatile and can increase or drop in value overnight, so make sure to invest responsibly. 

Here is the top of the ten cheapest cryptocurrencies: 

  1. Ripple (XRP). Ripple is a payment-focused cryptocurrency designed for fast and cost-effective cross-border transactions, favored by financial institutions.
  2. Cardano (ADA). Cardano is a blockchain platform emphasizing security and scalability with a research-driven approach to creating a robust ecosystem.
  3. Dogecoin (DOGE). Dogecoin started as a meme coin but gained popularity as a fun and accessible digital currency, featuring the Shiba Inu dog. It is now also one of the top cryptocurrencies to invest in. 
  4. TRON (TRX). TRON is a blockchain platform for creating decentralized applications (DApps) and sharing digital content, known for its high transaction throughput.
  5. Polygon (MATIC). Polygon enhances Ethereum’s scalability and reduces fees by offering layer 2 solutions, supporting various DApps.
  6. Shiba Inu (SHIB). Shiba Inu is a meme-based cryptocurrency with its ecosystem, featuring the SHIB token and aiming for community-driven development. In 2021, SHIB was one of the high achievers of the altcoin season
  7. Stellar (XLM). Stellar’s blockchain connects financial institutions and enables efficient cross-border payments, emphasizing inclusivity.
  8. Kaspa (KAS). Kaspa is a cryptocurrency focused on scalability, offering support for DApps and decentralized services.
  9. Cronos (CRO). Cronos provides a range of DeFi services, including staking and yield farming, within its cryptocurrency platform.
  10. Hedera (HBAR). Hedera’s decentralized public network ensures secure and fast consensus for various decentralized applications (DApps).

Read more: What are altcoins? 

What is the best platform to buy crypto at low fees?

The best platforms to buy crypto at low fees often depend on your specific needs and preferences. Out of the already listed cheapest crypto platforms, KuCoin, OKX, Binance, and BYDFi are all excellent choices for low-fee cryptocurrency purchases.

KuCoin is known for its competitive fee structure, offering traders access to a wide range of cryptocurrencies with relatively low trading fees. They also provide additional benefits through their native token, KuCoin Shares (KCS), which can be used to further reduce trading fees. KuCoin is user-friendly and suitable for both beginners and experienced traders seeking cost-effective options.

OKX is another platform recognized for its competitive fee structure and extensive range of cryptocurrency offerings. It is one of the best Bitcoin exchanges, with a global user base and a commitment to providing affordable trading options. OKX is a reliable choice for those looking to buy crypto at low fees. They also offer various features, such as margin trading and futures contracts, which can cater to different trading strategies.

Binance, one of the largest cryptocurrency exchanges globally, offers competitive trading fees and a vast selection of cryptocurrencies. It is one of the best crypto exchanges for day trading. While it may not have the absolute lowest fees, it provides excellent liquidity and a comprehensive trading ecosystem. Binance also offers a discount on trading fees when using its native cryptocurrency, Binance Coin (BNB), further enhancing the affordability factor.

BYDFi is also a good option if you’re looking for non-KYC crypto exchanges. But note that the lack of KYC comes with a series of limitations when withdrawing your funds. 

Ultimately, the best platform for buying crypto at low fees depends on your specific requirements, including the cryptocurrencies you want to trade, your location, and your trading experience.

Is it worth buying cheap crypto?

It may be worth buying cheap crypto, depending on your goals and expectations. Bitcoin was launched in 2009. In May 2010, an investor used 10,000 bitcoins to buy two pizzas. At that time, it was a curious transfer of value, but this is now seen as the first-ever real-world transaction using Bitcoin (BTC). What then seemed like a small and insignificant transaction of only about $41 would now be worth hundreds of millions of dollars. 

As of January 2024, 10,000 BTC is worth more than $401 million. Years later, we celebrate each year on May 22 as the Bitcoin Pizza Day

As per CoinMarketCap price data, Bitcoin experienced a 978,341,363.41% price surge since the famous Bitcoin pizza transaction.

Bitcoin price growth: CoinMarketCap
Bitcoin price growth: CoinMarketCap

This example demonstrates the potential for massive returns when investing in cheap cryptocurrencies. However, it’s important to remember that not all cheap cryptocurrencies will experience such dramatic growth, and the crypto market is highly volatile. 

So, while it can be worth it, it’s crucial to do your research and assess the risks carefully before investing in cheap crypto. Remember to never invest more than you can afford to lose. Cryptocurrencies are extremely volatile investments, and most projects remain unregulated by financial authorities. In case of a scam or a mistaken transaction, it may not be possible to recuperate your funds. 

Unlocking affordable crypto trading

Navigating crypto is easier than ever. Luckily, we have plenty of cheap crypto exchanges and a wide range of budget-friendly crypto trading options. These user-friendly crypto platforms are also suitable for spot trading. They all offer competitive trading fees and diverse altcoin trading pairs, ensuring accessible entry into the digital asset ecosystem.

Frequently asked questions

What crypto under $1 will explode?

Which crypto platform has the lowest fees?

What is the cheapest platform to swap crypto?

What is the cheapest app to trade crypto?

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Iulia Vasile
Iulia Vasile is a seasoned professional in the cryptocurrency and blockchain industry, working full-time in the field since 2017. With a background in computer engineering, she has the unique ability to write about complicated topics, including DeFi, NFTs, trading, and AI, in a way that is easy to understand. Iulia learned multiple programming languages while completing her Software Engineering degree in Bucharest at Politehnica University. Iulia brings her expertise and personal...
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