Which Crypto Wallet Has the Lowest Fees? Comparison Guide
Most non-custodial crypto wallets only charge a network fee, which is received by miners or blockchain validators. However, some mobile wallets charge their own fees on top of network fees — for example, for swaps or withdrawals from the platform. Below, we take a look at which wallets have the lowest fees.
What are Fees in Crypto?
When you want to make a transaction, you have to pay different types of fees. We have already written about this topic in detail in our latest article, “Crypto Transaction Fees: A Simple Overview,” but first things first — here are several types of fees that you need to know.
- Network transaction fee (network fee): you pay for including a transaction in a blockchain. This money goes to miners or validators.
- Exchange fees: fees for trading and transactions when you use a centralized exchange.
- Wallet fees: not fees for storing your funds (wallets are free in that sense), but for using additional features.
MetaMask: Gas Station on Ethereum Mainnet
MetaMask does not charge its own fees for regular sending and receiving of cryptocurrencies — only network gas fees. However, when using the built-in Swap function (token exchange), the wallet charges a commission of 0.875% of the transaction amount.
In the MetaMask interface, commission information is included in the final quoted rate and marked separately. For example, the mobile version clearly indicates “Commission 0.875%” when swapping.
Reddit users often criticize this surcharge and consider it high compared to direct use of DEXs. However, if you want comfort and high-quality service, you pay for it 😅
Exodus
Exodus, a multi-currency wallet, does not charge fees for sending, receiving, or storing crypto assets — users only pay network fees to miners.
In addition, a fee is charged for exchanges within the wallet: Exodus offers a built-in exchange through partners (ShapeShift API, Changelly, etc.) and adds a small margin (spread) to the exchange rate. The size of this surcharge varies; the Exodus team calls it a “small spread fee” and indicates the specific amount in the exchange window before confirmation.
In 2025, Exodus announced a reduction in fees: the updated Exodus Swap mechanism offers fees starting at 0.5% (especially on the Solana network) and a fixed rate for transparency. Thus, the Exodus Swap fee is now about 0.5–2%, depending on the network.
Moreover, the application clearly shows the spread size and network commission in cryptocurrency and fiat equivalents in the transaction details, so the user knows the final exchange rate.
Coinbase
Receiving cryptocurrency on Coinbase is free — the platform does not charge any fees for deposits. However, Coinbase applies a so-called processing fee when withdrawing funds. Formally, this fee is supposed to cover network charges, but in practice it often exceeds the actual costs.
Users have repeatedly noted that when withdrawing Ethereum, for example, the fee was about $6.70, while the same transaction through MetaMask cost only $1. Similar complaints have been made about other coins: withdrawing MATIC on Coinbase cost $0.05 versus less than $0.01 directly.
In addition to withdrawals, a commission is also charged when converting cryptocurrencies within the application. In the simple Coinbase interface, the exchange costs approximately 1% of the transaction amount plus the spread, while on the more professional Coinbase Advanced Trade platform, the rates are lower — around 0.6–0.4% depending on the volume.
Crypto.com App
The Crypto.com mobile app, a custodial wallet and exchange, also charges its own fees. Withdrawing cryptocurrency from Crypto.com incurs a fixed fee according to a table (which varies for each coin).
For example, withdrawing BTC costs 0.0006 BTC (≈ $15 at the current exchange rate), which is significantly higher than the actual average network fee and, for comparison, about six times higher than Binance's fee of 0.0001 BTC.
These fixed rates often exceed the actual costs and serve as a source of income for the company. Crypto.com does not allow users to choose the network for some coins, so they cannot avoid the high fees.
Receiving deposits on Crypto.com is usually free (the network fee is paid by the sender). There is also instant conversion of cryptocurrencies at a rate that includes the spread. No separate commission is shown for the exchange, but the rate is usually less favorable than the market rate.
Coin Wallet
Coin Wallet charges its own service fee when sending many cryptocurrencies — in addition to the network commission (paid to miners). The amount of the additional fee depends on the specific coin.
For example, when you send Bitcoin via Coin Wallet, 0.5% of the amount (minimum $0.30, maximum $100) plus a fixed 0.0000192 BTC is charged in addition to the standard Bitcoin network fee. For Litecoin, Dogecoin, Cardano, Monero, Solana, Toncoin, and several other popular coins, there is also a surcharge of about 0.5%.
The service fee goes toward app development, server support, and the team.
Receiving cryptocurrency is not subject to internal fees. You receive the full amount, minus only the network fees paid by the sender. For example, if the sender transfers BTC to you, they pay the miners’ fee, and Coin Wallet does not withhold anything from the recipient.
The Bottom Line
Some popular wallets do not charge any fees of their own. For example, Trust Wallet (from Binance) allows token exchanges without platform fees — the user only pays the network gas fee. Similarly, wallets such as Electrum, Mycelium, Coinomi, BRD, and others do not charge their own transaction fees. However, when using their integrated services (purchasing a card, exchanging via third-party APIs), there may still be fees from partners.
📌 If you need low transfer and storage costs → it is better to choose non-custodial wallets without their own commissions (Trust Wallet, Electrum, Mycelium).
📌 If integration with an exchange and quick access to fiat currency are important → custodial wallets (Coinbase, Crypto.com) are suitable, but be prepared for high withdrawal and exchange fees.
📌 If you often need to exchange currencies within your wallet → it is more profitable to use DEXs directly or exchanges, as built-in exchangers take a significant margin.
📌 If you need a universal multi-currency wallet with advanced features, it is worth carefully studying the rates (Coin Wallet, Exodus): convenience almost always comes at a price.
If you have specific questions about fees for a particular cryptocurrency or transaction, please send them to support@coin.space.