Which Cryptocurrencies Have the Lowest Transaction Fees?

Cryptocurrency transaction fees are the amount charged to you when sending funds from one account to another. Along with the network fees, you may face transaction fees charged by wallets and crypto exchanges. The actual amount of fees to pay varies across digital coins.  

As a cryptocurrency investor, you surely want to stay profitable in the long run. Unfortunately, one of the most significant obstacles for novice investors is the high transaction fees charged by popular crypto coins. Consistent paying high fees for transferring your crypto funds can eat into your ROI. Thus, finding low-fee crypto tokens becomes of utmost importance. 

Wondering what is the cheapest crypto for transactions? In this article, we’ll introduce the coins with lowest transaction fees. We’ll also touch on other factors to consider when choosing the right digital coin for your needs.

Cryptocurrency Transaction Fees Explained 💸

Crypto transaction fees apply whenever you transfer your tokens from one storage to another. The amount you’ll have to pay per transaction may fluctuate over time. Some of the factors that determine the amount of fees include

  • A crypto token you choose;
  • How busy the network is;
  • The amount you want to transfer.

Some platforms, such as exchanges and wallets, allow users to adjust the fee paid. So, it is possible to sacrifice the cheapest crypto transaction fee in favor of speed.

Typically, there are three types of fees involved in transactions.

Network Fees

Each crypto coin has a transaction fee embedded into its operating structure. The names for this kind of fee may vary across the coins. For example, the Bitcoin blockchain charges users a network fee, while Ethereum takes a gas fee. The goal of these commissions is to keep the blockchain platform operating and reward miners for the work they do. 

Exchange Fees

An exchange fee is a charge attached to financial operations made with an exchange. Charging users for trading, depositing, and withdrawing funds is a way for these platforms to make money.

Wallet Fees

A digital wallet operating outside an exchange may also involve transaction fees. These commissions aim to support the development and maintenance of the wallet service.

Which Crypto Has Lowest Transaction Fees? 💹

Bitcoins on a laptop
A pile of golden Bitcoins on a laptop keyboard

The steep transaction fees are the biggest drawback of top-rated coins like Bitcoin. As of April 2023, the BTC average transaction fee is $2.936. If you frequently trade and transact, commissions can add up quickly.

BTC average transaction fee
Bitcoin transaction fee dynamics

Searching which crypto has the lowest fees? To help you narrow down your search, we’ve compiled a selection of the cheapest crypto to transfer. Check out this list to find out what crypto has the lowest fees.


Wondering if there is a cryptocurrency without transaction fees out there? The answer is NANO! Launched in 2017 as Raiblocks, NANO provides users with zero-fee transactions. With its innovative block lattice system, it eliminates miners from the equation. As a result, users can make transactions with almost no waiting time. 


IOTA is yet another altcoin that provides its users with free transactions. It relies on a unique technology called Tangle, which functions very differently from blockchain networks. Rather than miners verifying the transactions, it does that through user involvement. So, anyone who wants to make a transaction has to participate in the process and contribute computing power. 


EOS is one more crypto with lowest fees. It offers free transactions relying on its unique Delegated Proof of Stake consensus algorithm. Owned and operated by 21 block producers, the platform eliminates the need for miners. Thus, users do not have to pay network commissions for their transfers. 

Stellar (XLM)

Stellar offers low-fee transfers — the average fee per transaction on the network is as low as $0.00000095. It is also worth noting that Stellar transactions are speedy and can clear within a couple of seconds. 

Digibyte (DGB)

Digibyte is notable for its low transaction fees and high-speed confirmations. The average fee on the platform is just $0.0005 per transaction, with each transfer taking around 15 seconds to confirm. 

Ripple (XRP)

Ripple is among the most popular low-fee crypto coins for financial institutions and businesses. The Ripple platform allows users to make instant global payments with meager commissions. It takes only a few cents per transaction on average, making XRP ideal for quick worldwide transfers. 


Dash is another popular altcoin with incredibly low fees. It utilizes the masternode network to offer near-instant and secure transactions at a fraction of the cost. On average, users pay just $0.0022 per transaction on the DASH blockchain. 

Zilliqa (ZIL)

Zilliqa is famous for its low transaction commissions and high speeds. This is because it relies on a unique protocol called Sharding, which divides the network into smaller groups that process transactions in parallel. As a result, Zilliqa features incredibly fast transfer times with just $0.0029 per transaction on average. 

Litecoin (LTC)

Litecoin is famous as the silver to Bitcoin’s gold. It offers meager transaction fees and fast confirmation times. The LTC network’s average fee is just $0.01 per transaction. 

Cardano (ADA)

Cardano is one of the most popular altcoins with notably low commissions. It uses a unique proof-of-stake consensus algorithm, eliminating miners from the equation and thus reducing network fees. On average, users can expect to pay just $0.14 per transaction on the Cardano blockchain. 

TerraUSD (UST)

If you’re looking for the cheapest stablecoin to transfer, TerraUSD is the way to go. It’s a USD-backed stablecoin that allows users to make transfers with low commissions and near-instant settlement times. As such, it’s ideal for fast international payments.

Cheapest Transaction Fee Crypto Tokens Compared 💰

A man in front of a monitor with a chart
A man sitting in front of a monitor displaying a price chart

How do the lowest network fee crypto tokens listed above compare? First, check out the table with the cheapest crypto transfer fees by coin.

CoinAverage Transactional Fee
Stellar (XLM)0.00001 XLM or $0.00000095
Digibyte (DGB)$0.0005
Ripple (XRP)$0.0002
DASH (DASH)$0.0022
Zilliqa (ZIL)0.1 ZIL or $0.0029
Litecoin (LTC)$0.01
Cardano (ADA)$0.14
TerraUSD (UST)$0.0000787

As you can see, the commissions differ depending on which coin you use. The table above indicates the average transactional costs for the cheapest crypto to send. 

Actual commissions may fluctuate based on the amount you want to transfer and how busy the blockchain is. Still, this information should give you an idea of which crypto to use if your goal is to pay the lowest commissions.

Best Crypto for Transactions: Other Factors to Consider ⚖️

A Bitcoin and a smartphone
A golden Bitcoin lying on a smartphone

Choosing the cheapest network fee crypto is a proven way to minimize the costs of transferring your tokens. However, along with the lowest crypto transaction fees, there are other things to consider when choosing a cryptocurrency. Let’s break down the essential factors that matter.

Speed of Transactions

When picking the best cryptocurrency for transfers, the speed of transactions is critical. If you need to make payments on-demand, a slow crypto coin won’t work for you. For fast transactions with lower commissions, consider coins like Ripple and EOSIO.

Security and Reliability

Next, look for a token that has a secure and reliable blockchain. Strong encryption ensures transactions are safe from external threats. Finally, check if the coin has good uptime and minimal downtime to prevent technical issues.

Market Cap and Liquidity

The market cap shows the size and strength of a cryptocurrency. Coins with higher caps are more liquid than those with smaller ones. That is, users can easily buy or sell tokens without affecting the price too much. Liquidity also makes it easier to transfer large amounts of money in a short time frame. 

So, be sure to check these two metrics before investing in a coin.

User Community and Support

Finally, evaluate the user community and support. Look for a coin that has an active online presence with plenty of resources. Virtual currencies with a large user base offer more liquidity and better support.

Summary 💫

Picking the best cryptocurrency for transfers comes down to usability and affordability. By doing your research, you can find a cryptocurrency that meets your needs in terms of cost, speed, security, and liquidity. 

We hope our selection of crypto with lowest gas fees or network commissions will help you make informed decisions about which coin to use for your transactions. All the coins mentioned above have low commissions and reliable networks to consider. 


What are cryptocurrency transaction fees?

This is the amount charged to you when sending funds from one account to another. Along with the network fees, you may face these fees charged by wallets and crypto exchanges. The actual amount of fees to pay varies across digital coins.

Why are low transaction fees important for cryptocurrency investors?

They are important for cryptocurrency investors because consistently paying high fees for transferring your crypto funds can eat into your ROI. Thus, finding low-fee crypto tokens becomes of utmost importance to stay profitable in the long run.

What factors determine the amount of cryptocurrency transaction fees?

The amount of these charges depends on several factors, including the digital coin you choose, how busy the network is, and the amount you want to transfer.

What are the different types of fees involved in cryptocurrency transactions?

There are three types of fees involved in cryptocurrency transactions: network fees, exchange fees, and wallet fees. Network fees are the charges embedded into each crypto coin’s operating structure, exchange fees are charges attached to financial operations made with an exchange, and wallet fees are commissions aimed at supporting the development and maintenance of the wallet service.

Which cryptocurrencies have the lowest transaction fees?

Several cryptocurrencies have the lowest fees, including NANO (NANO), IOTA (IOTA), EOSIO (EOS), Stellar (XLM), Digibyte (DGB), Ripple (XRP), DASH (DASH), Zilliqa (ZIL), and Litecoin (LTC). These crypto coins offer low or no-fee transactions and fast confirmation times, making them ideal for quick and cost-effective transfers.

About the author

Without deep knowledge and sincere interest, it isn't easy to succeed in any business. For 6 years in the crypto industry, I have achieved both points, and now I am willing to share my knowledge with enthusiasts. The crypto industry is about constant development. Prospects in crypto attract more and more people who, despite a certain amount of prejudice, are ready to become experts in the top-notch niche, and I am ready to help them.