Community post
Crypto Exchange Fee Comparison
https://cmkt-image-prd.global.ssl.fastly.net/0.1.0/ps/3451860/580/325/m1/fpnw/wm1/fpftxys5dzo0drmuvmswlefxbigdmzx9kpf08otickjslygeskxef33owureuspb-.jpg?1508720831&s=5f432efdcf0ecb610b330e72f2bdb4cf
Exchange | Fee in % - | - Bittrex | 0.25 GDAX | 0.25 CEX.io | 0.25 Kraken | 0.25 Poloniex | 0.25 Binance| 0.1
## _PS: If you activate the BNB Token on the exchange [Binance](https://www.binance.com/?ref=10179933), your fee will be reduced to 0.05%_
Replies (7)
I'm new to this so I have a newbie question: Are the exchanges you listed provide wallets for buying / trading bitcoins and other cryptocurrencies? Or do I get a wallet first say from bitpay or coinbase then go trade on those exchanges? Thanks @ridi20
No these exchanges got the wallets already for every coin. So you can trade many altcoins there.
This is for example how it looks like on Binance
You can trade your BTC with any altcoin
Thanks for your answer @ridi20
I haven't got a bitcoin wallet yet. Which one do you recommend so that I can start trading both bitcoins and altcoins?
Right now it's Binance for sure. Less fee, best for daytrading.
As soon as you sent your BTC there you can start your tradings. Registering on the exchange takes you around 5 minutes.
For buying the BTC you could go to Coinbase. Then you send your BTC to Binance and you can start trading there.
I am not sure if you can buy directly the BTC on Binance. But you could try it out
Great. Thanks a lot @ridi20
This is very helpful
I am sure you did ur research and must be doing well, especially with the current upwards trend of the market, any advise you can give me, since now, I am new to this domain