Global model · Model v2.4 · Data as of Aug 19, 2026
Cheapest exchange to buy USDT
64 exchanges qualify for this ranking under the current model. Binance leads this list: deepest liquidity and near-zero spot fees; regulatory standing varies by market. Scores recalculate whenever fees, licensing or availability change — every field carries its own check date.
Top pick: Binance — 9.0/10. Visit Binance ↗
Weights in this context: Fees 32% · Liquidity 17% · Security 11% · Fiat & Payments 9% — weights always total 100%.
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Reviewed by CryptoExID Editorial · Aug 19, 2026 · Editorial policy · how we make money
| Rank | Exchange · why it ranks here | Score | Spot maker / taker | Best for | Visit |
|---|---|---|---|---|---|
| 1 | Binance Deepest liquidity and near-zero spot fees; regulatory standing varies by market | 9.0Security 8.7 · Fees 9.4 · Liquidity 9.9 | 0.1% / 0.1% | Liquidity & fees | Visit ↗ |
| 2 | OKX Best-in-class trading terminal and Web3 stack; US product trails the global app | 8.9Security 8.9 · Fees 9.1 · Liquidity 9.5 | 0.08% / 0.1% | Pro trading tools | Visit ↗ |
| 3 | Bybit Top-tier perpetuals engine and depth; cannot onboard several major Western markets | 8.6Security 8.3 · Fees 9.0 · Liquidity 9.6 | 0.1% / 0.1% | Derivatives | Visit ↗ |
| 4 | Kraken Clean 13-year security record with proof of reserves; fee schedule beats most rivals | 8.6Security 9.8 · Fees 8.1 · Liquidity 8.9 | 0.16% / 0.26% | Security record | Visit ↗ |
| 5 | Bitvavo MiCA-licensed with iDEAL deposits and 0.25% ceilings; EUR-only fiat support | 8.5Security 8.6 · Fees 8.9 · Liquidity 8.2 | 0.15% / 0.25% | EUR low fees | Visit ↗ |
| 6 | Upbit Dominant KRW liquidity and bank integration; KRW-market focus only | 8.4Security 8.9 · Fees 8.9 · Liquidity 9.1 | 0.05% / 0.05% | KRW market | Visit ↗ |
| 7 | Bitget Largest copy-trading network with deep futures books; thin Western licensing | 8.4Security 8.2 · Fees 8.9 · Liquidity 9.0 | 0.1% / 0.1% | Copy trading | Visit ↗ |
| 8 | Crypto.com Best crypto card program and licensing breadth; spot fees above the pro venues | 8.3Security 8.8 · Fees 7.4 · Liquidity 8.6 | 0.25% / 0.5% | Card & app | Visit ↗ |
| 9 | MEXC 0% maker fees and huge asset list; weakest licensing among the large venues | 8.3Security 7.4 · Fees 9.7 · Liquidity 8.6 | 0% / 0.05% | Lowest fees | Visit ↗ |
| 10 | Coinbase Strongest regulatory standing among global venues; retail fees are among the highest | 8.2Security 9.6 · Fees 6.2 · Liquidity 9.2 | 0.4% / 0.6% | Regulated on-ramp | Visit ↗ |
- 1Binance0.1% / 0.1% · Liquidity & fees9.0out of 10
Deepest liquidity and near-zero spot fees; regulatory standing varies by market
Opens the official siteRead review →
- 2OKX0.08% / 0.1% · Pro trading tools8.9out of 10
Best-in-class trading terminal and Web3 stack; US product trails the global app
Opens the official siteRead review →
- 3Bybit0.1% / 0.1% · Derivatives8.6out of 10
Top-tier perpetuals engine and depth; cannot onboard several major Western markets
Opens the official siteRead review →
- 4Kraken0.16% / 0.26% · Security record8.6out of 10
Clean 13-year security record with proof of reserves; fee schedule beats most rivals
Opens the official siteRead review →
- 5Bitvavo0.15% / 0.25% · EUR low fees8.5out of 10
MiCA-licensed with iDEAL deposits and 0.25% ceilings; EUR-only fiat support
Opens the official siteRead review →
- 6Upbit0.05% / 0.05% · KRW market8.4out of 10
Dominant KRW liquidity and bank integration; KRW-market focus only
Opens the official siteRead review →
- 7Bitget0.1% / 0.1% · Copy trading8.4out of 10
Largest copy-trading network with deep futures books; thin Western licensing
Opens the official siteRead review →
- 8Crypto.com0.25% / 0.5% · Card & app8.3out of 10
Best crypto card program and licensing breadth; spot fees above the pro venues
Opens the official siteRead review →
- 9MEXC0% / 0.05% · Lowest fees8.3out of 10
0% maker fees and huge asset list; weakest licensing among the large venues
Opens the official siteRead review →
- 10Coinbase0.4% / 0.6% · Regulated on-ramp8.2out of 10
Strongest regulatory standing among global venues; retail fees are among the highest
Opens the official siteRead review →
Real cost comparison
The published maker/taker rate is not the whole bill. This table applies the listed spot taker fee to three ticket sizes so you can see which venue is actually cheapest to trade — before spread, deposit and withdrawal.
| Exchange · why it ranks here | Spot maker / taker | $100 buy | $1,000 buy | $10,000 buy |
|---|---|---|---|---|
| Binance | 0.1% / 0.1% | $0.10 | $1.00 | $10.00 |
| OKX | 0.08% / 0.1% | $0.10 | $1.00 | $10.00 |
| Bybit | 0.1% / 0.1% | $0.10 | $1.00 | $10.00 |
| Kraken | 0.16% / 0.26% | $0.26 | $2.60 | $26.00 |
| Bitvavo | 0.15% / 0.25% | $0.25 | $2.50 | $25.00 |
| Upbit | 0.05% / 0.05% | $0.05 | $0.50 | $5.00 |
| Bitget | 0.1% / 0.1% | $0.10 | $1.00 | $10.00 |
| Crypto.com | 0.25% / 0.5% | $0.50 | $5.00 | $50.00 |
| MEXC | 0% / 0.05% | $0.05 | $0.50 | $5.00 |
| Coinbase | 0.4% / 0.6% | $0.60 | $6.00 | $60.00 |
Which exchange actually costs the least?
On this list Upbit has the lowest listed spot taker fee (0.05%%). Trading fee still is not final cost: spread, deposit rails and withdrawal networks can erase a headline fee advantage, especially on small tickets.
Maker vs taker fees
Makers add liquidity; takers take it. Most retail market orders pay the taker rate. Limit orders that rest on the book can pay the maker rate — that is why Binance can look cheaper on paper than it feels if you only use market orders.
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Rankings are computed from verifiable data — fees, security, liquidity, regulation and availability — under model v2.4. How we rank → A score is not a guarantee of safety and nothing here is investment advice.