What Cryptocurrencies Have the Lowest Transaction Fees

Publish date: 20.08.2022 Update date: 14.09.2022

A brief outline of the top 8 cryptocurrencies with the lowest and zero fees to save more on your transactions:

  1. Nano ($XNO) — $0 fee
  2. Stellar ($XLM) - $0.0000035 fee
  3. ReddCoin ($RDD) — $0.000073 fee
  4. Monero ($XMR) - $0.00014 fee
  5. Ripple ($XRP) - $0.0011 fee
  6. Bitcoin Cash ($BCH) - $0.0024 fee
  7. Dash ($DASH) - $0.0043 fee
  8. Litecoin ($LTC) - $0.03 to $0.04 fee

Millions of transactions are conducted across different blockchains every day, attracting heavy fees necessary to facilitate the transactions. One way to save more and get better value for your transactions is to use a crypto exchange with the lowest fees.

These fees come in various ways, with a significant chunk imposed as trading fees. As such, the need to identify the lowest fee crypto exchange is as important as ensuring you get fast transactions and premium service.

This article explains the basics of transaction fees, shows the top crypto projects with the cheapest blockchain fees, and goes the extra mile to show you how to buy crypto with low fees. Let’s ride!

What Is a Crypto Transaction Fee?

A crypto transaction fee is a statutory amount of crypto required to transfer coins or tokens from one crypto wallet to another. It takes effort to process crypto transactions on the blockchain. So parts of transaction fees go to miners and validators as compensation for their services.

Due to the constant transaction requests that blockchains receive every second, congestion occurs, taking more time to process transactions. Users can make miners and validators prioritize certain transactions by paying higher fees.

As a result, two transactions of the same amount of crypto may cost different transaction fees and processing times depending on their respective blockchains and the platform they were initiated.

Types of Transaction Fees

We’ll discuss three different transaction fees and how they differ from one another.

Blockchain Fees or Network Fees

Blockchain fees, otherwise known as network fees, are fractions of cryptos charged to every crypto transaction, and they are standard fees you must pay when performing any crypto transaction.

As stated earlier, the miners and validators receive these fees as incentives for confirming transactions on blocks. Different blockchains have different fee structures that are peculiar to them.

For instance, Binance Smart Chain uses a Proof of Stake (Pos) - based gas system, while Bitcoin, a Proof of Work consensus-based blockchain, defines its network fees based on transaction size measured in bytes.

Crypto Exchange Fees

Centralized and decentralized crypto exchanges charge fixed fees on transactions. Typically, these fees should be network fees alone, but exchanges also add trading fees for every transaction. That’s why transaction fees for a particular token may not be the same on two different exchanges.

Crypto Wallet Fees

Most crypto wallets don’t charge fees apart from the statutory network fee for your transaction. However, using some wallets, such as Bitgo, attracts deposit and withdrawal fees of 0.25% of any transaction.

Without making money through transactions, crypto wallets still stay in business through various revenue-making schemes, including affiliate fees. One benefit of using wallets to exchange crypto is that you can increase or decrease the network fee to control the speed of your transaction.

Crypto With Zero Transaction Fees

Although it sounds too good to be true, some cryptocurrencies charge zero transaction fees. They run relatively different systems compared to contemporary cryptocurrencies. At the time of writing, there is one cryptocurrency with zero transaction fees - Nano.


    $NANO is a fee-less, decentralized, open-source payment protocol that runs on the Nano native network. Unlike other crypto projects, the Nano network is based on a direct acrylic graph (DAG) that ensures all accounts on the network have their dedicated blockchain, forming a block lattice.

    As opposed to miners and validators, Nano uses non-incentivized Open Representative Voting (ORV) to confirm transactions, eliminating the need to pay transaction fees to anyone.

Which Crypto Has Lowest Transaction Fees?

The crypto with the lowest transaction fees is Stellar Lumens. Developed in 2014, one of its core goals was to offer better processing speed and lower fees than the earliest blockchains, Bitcoin and Ethereum. So far, it hasn't derailed on that path.

Apart from Stellar, Iota and Nano pass as the crypto projects with the lowest transaction fees because, in reality, they don't attract any fees.

Crypto With Lowest Transaction Fees

This section briefly highlights six cryptocurrencies with the lowest transaction fees in the industry.

  1. Stellar Lumens ($XLM)

    Stellar not only facilitates swift transactions but also offers cost-effective ones. Serving as the native token for the Stellar Network, it provides a platform for stablecoin users to transact with ease. With a minimal transaction cost of $0.0000035, Stellar stands out as one of the cryptocurrencies with the most affordable transaction fees. This economical fee structure is made possible by the Stellar Consensus Protocol (SCP), which ensures speedy and cost-effective transactions by enabling individual Stellar users to validate transactions on the network. In essence, Stellar (XLM) goes beyond being just a token for a stablecoin platform; it is a token synonymous with economical transactions.

  2. Reddcoin ($RDD)

    Reddcoin offers a cost-effective solution for crypto investors who enjoy tipping their favorite vloggers and streamers. As a digital social currency, RDD facilitates the process of giving tips to content creators at an incredibly low transaction fee of $0.000073. Beyond fostering fan support for social media influencers, RDD stands out as a cryptocurrency investment due to its impressively affordable transaction fees.

  3. Monero ($XMR)

    When it comes to ensuring the safety and security of crypto transactions without breaking the bank, Monero (XMR) takes the lead. Designed to enhance privacy and provide default anonymity, Monero offers secure transactions at a mere cost of $0.00014. With no wire transfers, extended holding periods, or clearing fees, XMR stands as a straightforward, privacy-focused fungible token with minimal costs.

  4. Ripple ($XRP)

    XRP, Ripple Lab's native token, emerges as one of the best penny cryptocurrencies to buy, primarily due to its economical transaction fees. Enabling users to make payments, facilitate asset exchange, and operate remittance systems, XRP boasts some of the lowest transaction fees in the crypto realm at $0.0011 per transaction. Despite its reputation for verifying crypto transactions, XRP's mining process is streamlined, resulting in one of the most affordable transaction fees on the market.

  5. BitcoinCash ($BCH)

    BitcoinCash, born from Bitcoin itself, addresses the power-intensive nature of Bitcoin mining by featuring a larger block size for faster transactions. While it may not have numerous use cases, BCH supports top BRC20 tokens like CashToken and offers low transaction fees. Users can conduct single transfers with an average fee starting at $0.0024, making BCH an attractive option for those looking to save on transaction costs.

  6. Dash ($DASH)

    Dash, a Bitcoin variant, distinguishes itself with extremely low transaction fees. Positioning itself as a Proof-of-Stake (PoS) coin, DASH utilizes "Masternodes" for mining and employs its treasury to generate rewards. Despite concerns about centralization, DASH maintains decentralization and remains one of the cryptocurrencies with remarkably low transaction fees, averaging $0.0043 per transaction.

  7. Litecoin ($LTC)

    Litecoin, one of the earliest cryptocurrencies, continues to stand out with its low transaction fees. With costs ranging from $0.03 to $0.04 for a single transaction, Litecoin's impressive network makes it more affordable than many competitors. While newer currencies may have surpassed it in market capitalization, LTC's network structure eliminates the need for transaction fees to provide rewards to miners, solidifying its status as one of the cheapest cryptocurrencies to send.

Best Crypto Exchanges with Lowest Fees

  1. Swapzone

    Swapzone is a crypto exchange aggregator with zero fees. It allows users to exchange crypto instantly by finding the best crypto exchanges with the lowest fees. The platform is non-custodial and requires no registration.

    Suppose you want to buy crypto with low fees. In that case, Swapzone will aggregate offerings from several exchanges that trade the crypto and allow you to make your choice based on their price offerings.

  2. ChangeNOW

    Being a non-custodial crypto swap service, ChangeNOW allows you to swap your crypto, choosing between fluctuating and fixed rates.

    Whichever the option, ChangeNOW doesn't have hidden fees as you get the exact crypto you see on the dashboard before an exchange, except in instances where the price fluctuates. You can also buy crypto with low fees using a credit card, attracting a trading fee of only 1%.

  3. SimpleSwap

    SimpleSwap is one of the best crypto exchanges with the lowest fees. It provides instant swap services through various crypto exchanges. Using the platform is intuitive, and fees are included in the rate you see. The rates on SimpleSwap are floating, which means they may change after a short while.

US Crypto Exchanges with the Lowest Fees

  1. Kraken

    Kraken is the number one US crypto exchange with the lowest fees. Although its fee structure is a bit complicated—typical of many US-based crypto exchanges—its fees set it on a higher pedestal than many competitor exchanges like Coinbase and Gemini.

  2. Binance.us

    Binance.us may not have equal strength as the universal Binance. Still, it is a better option than many US-based crypto exchanges, considering its number of assets, trading volume, and trading fees , which begin at 0.1% on spot trades.

    The brand name of its parent body, Binance, might have been the reason for its significant patronage. Still, its range of offerings and reputation as a US crypto exchange with one of the lowest fees keeps it in business.

  3. FTX.us

    FTX is already a household name to many crypto enthusiasts. The FTX.us even has better features than some top US exchanges: there is a Solana and Ethereum NFT marketplace coupled with the regular introduction of newer markets and derivatives.

    FTX.us fees begin at 0.00%—0.10% for market makers and 0.05%—0.4% for takers depending on the tiered-fee structure.

How to Buy or Exchange Crypto with Low Fees?

Finding the perfect exchange to satisfy your trading needs can be a burden, especially for low-volume traders. Even high-volume traders spend much more if given account of their trading fees on different exchanges.

Swapzone helps traders cut this stress by aggregating top exchanges with the best rates, low fees, etc. So if you want to know how to buy or exchange crypto with low fees, follow these steps to take your first stress-less leap.

Step 1 — Visit Swapzone.io on a browser: Chrome or Firefox.

Step 2 — On the left side of your desktop screen, you will find the Select a Pair section and complete the following fields.

  • Enter the coin or token in the Send column and the amount you want to swap or exchange.

  • Locate the Get Up To column and enter the coin and amount you wish to get after the transaction.

  • You may filter the results you wish to get, such as floating rates (variable rates), fixed rates (or locked-in rates), or floating rates with excluded taxes.

Step 3 — On the left side of your desktop screen, Swapzone automatically adjusts the exchanges to provide those with the best rates depending on what you have entered in the previous step. You may now pick your preferred exchange and click Exchange.

Step 4 — After choosing your preferred exchange, you will be redirected to a section to provide the following.

  • Address to receive the token

  • Address to refund sent tokens (in case of failed transactions)

  • An email address (optional).

Then read and agree to the terms of use, and click on Proceed to Exchange.

Step 5 — Your preferred exchange processes the transaction and awards your tokens to the address provided. This may take some time, depending on the network condition.


The perks of using a crypto exchange with the lowest fees cannot be overemphasized. You can visit any of the crypto exchanges we highlighted or count on the Swapzone instant exchange aggregator to help you make a more informed crypto buying decision.