Exchangeist Fee Calculator
Calculate your trading fees on Exchangeist based on your trade size and type. Exchangeist offers maker fees of 0.1% and taker fees of 0.18%, with volume discounts available for high-volume traders.
For trades over $10 million monthly volume, taker fees drop to 0.12%.
For comparison: Coinbase fees range from 0% to 3.99%, Kraken from 0% to 0.26%, and Binance US from 0% to 0.60%.
Key Takeaways
- Exchangeist offers sub‑0.2% taker fees, making it cheaper than most US‑based rivals.
- 95% of user assets sit in geographically dispersed cold storage and the platform carries a $500million insurance policy.
- Supports 210 cryptocurrencies, including most popular DeFi tokens, but lacks some meme coins found on larger exchanges.
- KYC verification averages 1.8hours, and the mobile app meets iOS15 and Android11 minimums.
- Complies with SEC registration and EU MiCA requirements, positioning it for global expansion.
When you’re hunting for a crypto exchange, you want low fees, solid security, and a smooth onboarding flow. The hype around Exchangeist has surged since its 2023 launch, but does it truly deliver on those promises? This review breaks down the platform’s core features, security posture, fee structure, and how it stacks up against the big US names. By the end you’ll know if Exchangeist earns a spot in your trading toolbox or if you should stick with a more established player.
What is Exchangeist?
Exchangeist is a regulated crypto exchange that targets retail and institutional users in the United States and Europe. Launched in March 2023, the platform obtained a federal securities exchange license from the SEC in November 2024 and a MiCA‑compliant licence in the EU in February 2025. Its headquarters sit in NewYork, but the company operates data centers across three continents to ensure low‑latency trading.
Core Features and Fee Structure
Exchangeist’s fee schedule is simple: a maker fee of 0.1% and a taker fee of 0.18% on spot trades. Volume discounts kick in at $10million monthly turnover, dropping the taker fee to 0.12%. Compared with Coinbase’s 0%‑3.99% range and Kraken’s 0%‑0.4% tiered fees, Exchangeist lands near the low‑end while keeping its fee model transparent.
The exchange lists 210 cryptocurrencies, covering all top‑20 market‑cap assets, most ERC‑20 DeFi tokens, and a curated selection of stablecoins. Missing gems include SHIB and DOGE, which were delisted after the SEC’s 2025 enforcement action against unregistered token listings.
Trading tools include a web‑based advanced charting suite, real‑time order‑book depth, and a sandbox API for developers. Users can set conditional orders (stop‑loss, take‑profit) and access margin trading up to 5× with a separate risk‑assessment flow.
Security and Custody
Security is a top priority. Exchangeist stores 95% of customer funds in cold storage across vaults in the US, Germany, and Singapore. The remaining 5% resides in hot wallets for fast withdrawals, protected by multi‑signature controls and hardware security modules. The platform carries a $500million crime insurance policy that covers theft from hot wallets, a figure double the coverage of most US exchanges.
Regular audits include quarterly SOC2TypeII reports and an annual proof‑of‑reserves audit conducted by the Blockchain Transparency Institute. In a June2025 interview, the Chief Security Officer confirmed that the exchange employs military‑grade encryption and biometric login for mobile users.
User Experience and Onboarding
Setting up an account takes about 1.8hours on average. The KYC flow asks for a government ID, selfie verification, and a proof‑of‑address document, all processed through a third‑party verification service that complies with the US Patriot Act and EU AML directives.
The web dashboard presents a clean, modular layout that newcomers can navigate in under five minutes. Advanced traders can switch to “Pro Mode,” which adds order‑book heatmaps and a customizable work‑bench. The mobile app, available for iOS15+ and Android11+, mirrors the web experience and supports push notifications for price alerts.
Customer support offers 24/7 live chat with a 94% first‑response resolution rate, measured in a Q22025 audit. Email tickets are answered within 24hours on average, and a community forum of 9,200 members provides peer‑to‑peer help.
Regulatory Landscape
Exchangeist is registered with the US Securities and Exchange Commission (SEC) as a securities exchange, meeting the requirements of the Securities Exchange Act of 1934. It also adheres to the EU’s Markets in Crypto‑Assets (MiCA) framework, maintaining a minimum €150,000 capital reserve and robust AML procedures. These compliance steps position Exchangeist for cross‑border growth, especially as the FATF Travel Rule gains universal adoption.
Comparison with Major US Exchanges
| Feature | Exchangeist | Coinbase | Kraken | Binance US | Gemini |
|---|---|---|---|---|---|
| Supported Assets | 210 | 235 | 350+ | 158 | 73 |
| Maker / Taker Fees | 0.10% / 0.18% | 0.00%‑0.50% (varies) | 0.00%‑0.26% | 0.00%‑0.60% | 0.00%‑0.35% |
| Cold Storage Ratio | 95% | 94% | 95% | 92% | 93% |
| Insurance Coverage | $500M | $250M | $1B (crime insurance) | None disclosed | $250M |
| Regulatory Status | SEC‑registered, MiCA‑compliant | SEC‑registered | SEC‑registered | Pending SEC approval | SEC‑registered |
| Mobile App Rating (Google Play / App Store) | 4.6 / 4.7 | 4.5 / 4.6 | 4.4 / 4.5 | 4.3 / 4.4 | 4.5 / 4.5 |
Pros and Cons
- Pros: Low taker fees, strong insurance, SEC and MiCA compliance, intuitive UI, fast mobile app.
- Cons: Limited meme‑coin lineup, no native fiat‑to‑crypto debit card, withdrawal times can stretch to 24hours during peak volatility.
How to Get Started on Exchangeist
- Visit exchangeist.com and click “Sign Up”.
- Enter your email and create a strong password; enable 2‑FA via an authenticator app.
- Complete KYC by uploading a government‑issued ID, a selfie, and a utility bill.
- Link a bank account or a debit card; verification usually completes within 30minutes.
- Deposit funds, choose the asset you want to trade, and place a market or limit order.
- Optional: Enable API access from the “Developer” tab for automated strategies.
Final Thoughts
If you value low fees without sacrificing security, Exchangeist presents a compelling alternative to the traditional US giants. Its dual compliance with the SEC and MiCA gives it a regulatory edge that many newer platforms lack. While the asset list isn’t as exhaustive as Kraken’s, the curated selection covers most traders’ needs and reduces exposure to risky, low‑liquidity tokens.
Frequently Asked Questions
Is Exchangeist safe for large withdrawals?
Yes. 95% of assets sit in cold storage, and the platform holds a $500million crime‑insurance policy that covers theft from hot wallets. Withdrawals above $50,000 are subject to additional manual review, which can add up to 24hours during high‑volume periods.
How does Exchangeist’s fee structure compare to Coinbase?
Exchangeist charges a flat 0.18% taker fee, while Coinbase’s fees range from 0% for market‑maker orders to 3.99% for card purchases. For frequent traders, Exchangeist’s predictable fees are typically lower.
Does Exchangeist support fiat deposits?
Yes. Users can link US bank accounts via ACH, US wire transfers, and supported European IBANs. Fiat‑to‑crypto purchases are processed instantly once the bank transfer clears.
Can I trade on Margin with Exchangeist?
Margin trading is available up to 5× leverage after completing a separate risk‑assessment questionnaire. The platform requires a minimum of $2,000 in margin‑eligible assets.
What documentation does Exchangeist provide for API developers?
Exchangeist maintains a 520‑page API reference, example code in Python, JavaScript, and Go, plus a sandbox environment for testing. Documentation updates are posted daily.
