Interest in cryptocurrencies is constantly increasing — as well as the number of crypto exchanges. Traders and investors are looking for cryptocurrency exchanges with the lowest fees and no KYC policies — you’ll find the top five platforms with the lowest fees and best customer support below.
Godex.io
Godex exchange is a truly anonymous cryptocurrency exchange with the lowest rates. Godex respects people's confidentiality and decentralization, doesn’t collect people’s data, and sticks to the founding principles of cryptocurrencies. There is also no information about Godex owners.
There are very few Godex-level platforms on the web. Collecting people’s personal info is a common policy for cryptocurrency exchanges — because they deal with financial operations, for starters. Plus, governments are very nervous about unregulated money circulating within digital — about what could be done with them, what could be paid for. So Godex, with its lack of verification procedures for customers, is a rare bird. People go there to exchange cryptocurrencies quickly and privately, just as Bitcoin's creator intended. Advantages of Godex cryptocurrency include:
Godex exchange rates are unique. It tracks the rates offered by other crypto exchange service providers like Bitfinex and Binance to assess the best ones — and offers the best ones to the user. You can check this yourself by converting BNB to VRA (here: https://godex.io/exchange/bnb-to-vra).
The website's services can be used by people at least 18 years old from countries that do not prohibit exchanges of crypto coins. The funds to be exchanged must belong to the client. They also have to be received legally. If there is a suspicion that the source of the money is fraudulent, involved in a criminal scheme, or that the exchange services are used for money laundering, Godex.io has the right to postpone, cancel the transaction, or deny the service altogether.
Bybit.com
Today, this exchange is among the top five leaders: it has one of the highest daily trading volumes on the derivatives market.
Bybit is headquartered in Singapore and is targeted at users from all over the world. There is a multilingual interface and a support service that speaks different languages. Because of the high trading volume, Bybit offers very low rates that attract a lot of investors and traders.
Changelly.com
Changelly makes the process of exchanging cryptocurrencies very easy. It automatically finds the best exchange rates on exchanges and conducts transactions fast enough — but, unlike Godex, it takes 0.5% commission.
Members of the cryptocurrency community speak very highly of Changelly. Advantages of Changelly are:
Changelly lists a lot of popular cryptocurrencies including Monero, Dash, Sentivate, Bytecoin, and DigitalNote.
Exbase.io
Exbase.io offers fast and convenient exchange services and good exchange terms. If you want to transfer fiat you’ve gotten from selling cryptocurrencies, this service is the most convenient. Considering the fact that the platform works with its own native wallets and partners with payment providers that give it the best rates, the commissions for buying and selling cryptocurrencies are minimal. Exbase also offers a great wallet app with customizable security levels and with solid access restrictions via private key.
Exbase.io focuses not only on professionals who have been working with cryptos for a long time. It builds a platform to be convenient for people who are just curious about cryptocurrencies. They often have a rough idea of what cryptos are and simply need to exchange their, say, Bitcoins without diving into what’s happening on the market. To meet novices and people-who-accidentally-acquired-BTC, Exbase has super responsive tech support, trained to work with them. They usually chat with customers over email or Telegram.
Exbase provides high security both for wallets and transactions in general. User info isn’t stored on the central server. The private keys that unlock users’ wallets are accessible to owners only — even Exbase’s staff cannot get in there. Moreover, Exbase is actively developing: additional financial resources are attracted, an opportunity to work with new currencies are discovered, the website functionality is improving. Exbase is wallet provider first, and exchange later — but it’s still, as you can see, a pretty good option.
Lobstr.co
Lobstr is one of the first XLM wallets on the cryptocurrency market, founded in 2014 and officially registered in Belarus. Just as with Exabase, you can use the resource both to register a crypto wallet and as an exchange.
Easily send and receive any crypto as quickly as possible. The convenient and simple user interface is perfect for beginners, as you can quickly navigate through it.
To Sum Up
Now you know five exchange platforms for crypto with the lowest fees. They are:
All of them have different advantages — but the fees policies are great in all. Choose, depending on whether or not you want to be anonymous, crypto pairs you’d like to work with, and personal aesthetics preferences. Don’t forget to check the reviews of the exchanges before trusting them with your money!
