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AnalysisAugust 16, 20265 min read

Crypto exchange fees explained: why "low fees" misleads

Every exchange claims them. Almost every review repeats the claim. The published schedules say something considerably more specific, and the gap between the two is where your money quietly goes.

By Curio Editorial · Figures checked August 16, 2026

Take Kraken, which has a genuinely strong reputation for cheap trading. Google's AI Overview, NerdWallet, Investopedia and Yahoo Finance all describe it as having low maker-taker fees. Not one of them prints the entry rate next to the claim.

Kraken's published schedule puts the entry tier at 0.40% maker and 0.80% taker. The 0.00% maker rate that earns the reputation begins at 500 million dollars of thirty-day volume.

Both descriptions are accurate. Only one of them applies to somebody reading a review before opening their first account.

Kraken Pro entry and top fee tiers
Tier Maker Taker
Entry tier, $0+ volume 0.40% 0.80%
Top tier, $500M+ volume 0.00% 0.05%

Source: Kraken published fee schedule, checked August 16, 2026.

This is not a Kraken problem

We are using Kraken because we happened to check its schedule carefully, and because it is a reputable exchange rather than a bad actor. The pattern is industry-wide.

Volume-tiered pricing is standard. Quoting the tier almost nobody reaches is also standard. So is presenting a maker rate as though it were the rate, when most retail orders are taker orders.

Add the spread inside a simple buy button, which is a genuine cost that never appears as a fee, and the number a first-time buyer actually pays can be several times the figure they read.

Four questions that cut through it

Ask these of any platform, including ones we review well. The answers are all published, and they take about two minutes to find.

  1. 1

    Which tier is that rate?

    A headline rate is almost always the top tier. Ask what the rate is at zero volume, because that is the one you will pay.

  2. 2

    Maker or taker?

    Taker fees are routinely double maker fees. A quoted "0.40%" that is actually the maker rate means 0.80% for anyone hitting an existing order.

  3. 3

    Is there a spread on top?

    Simple buy flows bury a margin inside the quoted price. It is a real cost that never appears as a fee line.

  4. 4

    What does it cost to get money out?

    Deposit and withdrawal costs sit outside trading fees and are frequently the largest single charge on a small account.

What we do about it

Every review we publish prints the entry tier, not the headline rate, and carries the date the figure was checked. Where we could not confirm something at a primary source, we list it rather than repeating it confidently.

None of that makes us cleverer than the publications we are describing. It is just the version of a fee section that would have been useful to us.

Two people who priced it properly

"Low fees" describes a tier you are probably not on

“These maker and taker fees make Coinbase one of the most if not the most expensive crypto exchange on the market.”

Guy, Coin BureauPresenter and founder, Coin Bureau; not a licensed adviser (stated on-air)Affiliate-monetisedCoin Bureau · December 2024~8:52

Curio’s read

The same exchange markets itself on trust and simplicity, both of which are real. Price and quality are separate axes here, and the marketing deliberately blurs them.

Source, conflicts & caveats

Caveat. Assessment as of December 2024. Fee schedules change; check the current one.

Why weigh this source carefully. Coin Bureau holds affiliate partnerships with exchanges it covers and reads on-air signup bonuses. Curio cites its factual and structural claims only — never its rankings or verdicts as independent assessment. Note the video is titled for 2026 but was published in December 2024.

“It’s not going to be good value for most people.”

James, MoneyZGPresenter, MoneyZG; hands-on platform reviewer, not a licensed adviserAffiliate-monetisedMoneyZG · August 2025~2:40

Curio’s read

On a paid subscription that buys fee reductions. Subscriptions only pay back above a volume threshold — work out yours before subscribing, because the break-even is usually higher than it looks.

Source, conflicts & caveats

Caveat. Assessment as of August 2025, against that period’s pricing.

Why weigh this source carefully. MoneyZG carries affiliate links to the exchanges it compares. Curio uses its fee mechanics and platform observations; its overall verdicts are not reproduced as independent assessment.

“It’s fairly cheap. It’s under a dollar, so no issues on either.”

James, MoneyZGPresenter, MoneyZG; hands-on platform reviewer, not a licensed adviserAffiliate-monetisedMoneyZG · August 2025~7:50

Curio’s read

On withdrawal costs — the component people fear most and which usually matters least. The expensive parts are the funding rail and the interface tier, not the exit.

Source, conflicts & caveats

Caveat. Withdrawal costs as of August 2025 and network-dependent; they move with chain conditions.

Why weigh this source carefully. MoneyZG carries affiliate links to the exchanges it compares. Curio uses its fee mechanics and platform observations; its overall verdicts are not reproduced as independent assessment.

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