Cheapest exchange to buy Ethereum

Q: Why are Ethereum withdrawal fees sometimes high?

ETH and ERC-20 withdrawals pay Ethereum network gas, which rises with on-chain congestion and can be several dollars or more. Many exchanges let you withdraw over cheaper networks or layer-2s, and choosing the right network can save far more than a small trading-fee difference.

Ethereum is one of the most liquid assets in crypto, so spreads are tight across venues and the trading fee is what really separates exchanges. Here are the major venues ranked by published spot taker fee, cheapest first.

Lowest ETH spot fees, ranked

#	Exchange	Maker	Taker
1	Locked venue
2	Locked venue
3	Locked venue
4	Locked venue
5	Locked venue
6	Aster	0.005%	0.040%	Open account
7	MEXC	0.000%	0.050%	Open account
8	Hyperliquid	0.040%†	0.070%†	Open account
9	edgeX	0.040%†	0.070%†	Open account
10	Binance	0.100%	0.100%	Open account
11	Bybit	0.100%†	0.100%†	Open account
12	OKX	0.080%	0.100%	Open account
n/a	BitMEXClosed	0.050%	0.050%	BitMEX is shutting down on 23 September 2026. New positions stop 26 August. Close positions and withdraw before then.

† Conditional VIP tiers are excluded from the volume-only estimate. Confirm your account eligibility.

† VIP uses 14-day volume, estimated from 30-day volume assuming evenly distributed activity. Hyperliquid spot volume counts twice.

Published entry-tier spot rates; volume tiers and native-token discounts can lower these further.

Mind the network (gas) on withdrawals

For ETH and ERC-20 tokens, the on-chain withdrawal fee is Ethereum gas, which spikes with congestion. Many exchanges support cheaper networks or layer-2s, and picking the right one can save more than the trading fee itself. See network fees and withdrawal costs by chain for a full comparison.

Find your cheapest venue for ETH

Your real cost depends on volume and maker/taker mix. FeeEdge ranks all 33 exchanges for your exact profile in seconds.

Compare ETH fees for how you trade →

FAQ

What is the cheapest exchange to buy Ethereum?

There is no single cheapest venue for ETH. It depends on your monthly volume, maker/taker mix, and any native-token discount. The published fee is usually the main cost on liquid majors. Check your profile in the FeeEdge calculator. Check the calculator.

Why are Ethereum withdrawal fees sometimes high?

ETH/ERC-20 withdrawals pay network gas, which rises with congestion. Using a cheaper network or layer-2 where supported can save more than a small trading-fee difference.