Crypto Trading Fee Calculator
Calculate Your Trading Costs
See how much you'd save with CoinBene's low fees versus other exchanges. Note: Low fees don't equal safety.
CoinBene
Trading Fee: 0.01%
Withdrawal: Free (blockchain fees apply)
Standard Exchange
Trading Fee: 0.5% (e.g. Coinbase)
Withdrawal: 0.5% (varies)
Is CoinBene a Real Crypto Exchange or Just Another Risky Bet?
If you're looking for a crypto exchange with near-zero trading fees and no withdrawal charges, CoinBene might catch your eye. But here’s the catch: CoinBene has been around since 2017, supports over 170 cryptocurrencies, and claims to serve users in 200+ countries - yet most people who’ve used it leave angry reviews. It’s not a scam, exactly. But it’s not safe, either. At least not by today’s standards.
Let’s cut through the noise. CoinBene isn’t on any "best of 2025" lists. It doesn’t show up in YouTube comparisons with Coinbase or Binance. And its Trustpilot rating? A flat 1.5 out of 5. That’s not a typo. That’s 34 people saying they had problems - and no one saying they loved it.
What CoinBene Actually Offers
CoinBene is a crypto-only exchange. That means no USD, no EUR, no bank transfers. If you want to trade on CoinBene, you need to already own Bitcoin, Ethereum, or another coin. You can’t buy crypto with your debit card here. You can’t deposit cash. You have to get your coins from somewhere else first.
Once you’re in, the trading fee is 0.01%. That’s half the rate of Binance and a tenth of what you pay on Coinbase. Withdrawals? Free - except for the blockchain miner fees you’d pay anywhere. That’s the one thing CoinBene does right. If you trade high volume and hate paying fees, this looks tempting.
They also have a native token called CONI. The website says it gives you fee discounts. But no one explains how much, how often, or how to earn it. There’s no whitepaper. No distribution chart. Just a name and a promise.
The Interface: Simple or Confusing?
Some reviews call CoinBene’s platform "simple and clean." Others say it’s "not user-friendly, quite complicated." Which is it?
The truth? It depends on who you are. If you’ve traded on Binance or Kraken before, CoinBene feels familiar. The charts look similar. The buy/sell buttons are where you expect them. But if you’re new? You’ll get lost.
No tutorials. No help guides. No live chat support you can actually reach. And the mobile app? Available on iOS and Android, yes - but users report crashes, slow loading, and buttons that don’t work. One person wrote: "I tried to withdraw 0.5 BTC and the app froze for 48 hours. I had to use a browser instead."
Security: What’s Missing
CoinBene says it uses two-factor authentication (2FA). Okay. That’s basic. Everyone does that.
But here’s what they don’t say:
- What percentage of funds are kept in cold storage?
- Is there any insurance fund if they get hacked?
- Who runs the company? Where are they based?
They’re registered in Singapore. That sounds good - until you realize Singapore has cracked down on unlicensed crypto platforms since 2022. CoinBene isn’t listed as a licensed provider by the Monetary Authority of Singapore. That’s not a red flag. It’s a whole traffic light in red.
And no, you can’t find the founders’ names. No LinkedIn profiles. No press interviews. No official team page. Just a website with a logo and a contact form that rarely replies.
Why Users Are Leaving
Let’s talk about the reviews. Real ones.
On Trustpilot, 34 people gave CoinBene a 1.5/5 rating. One user said: "I sent ETH to my CoinBene wallet. It disappeared. Support didn’t answer for 11 days. I lost $2,300." Another wrote: "The website says fees are low - but when I tried to trade, I got charged 0.5% anyway. They changed the rules after I deposited."
On Wikibit, someone wrote: "The transaction fees are too high!" - which directly contradicts CoinBene’s marketing. That’s not a glitch. That’s a pattern.
And here’s the kicker: no one is posting success stories. No one says, "I made 500% here." No one shares a screenshot of profits. Just complaints about locked funds, silent support, and disappearing coins.
What CoinBene Doesn’t Have
Here’s what you won’t find on CoinBene:
- Fiat on-ramps - No bank deposits, no credit cards.
- Leverage trading - No margin, no futures. You can’t go long or short.
- Staking - You can’t earn interest on your coins here.
- API access - No documentation. No bots allowed.
- Customer support - Emails go unanswered. Tickets vanish.
If you’re an advanced trader, you’ll miss the tools. If you’re a beginner, you’ll feel abandoned.
How It Compares to the Big Players
Let’s say you’re choosing between CoinBene and Coinbase.
| Feature | CoinBene | Coinbase |
|---|---|---|
| Trading Fee | 0.01% | 0.5%-1.49% |
| Fiat Support | No | Yes (100+ countries) |
| Leverage Trading | No | Yes (up to 3x) |
| Mobile App Rating | 3.1/5 (1,200+ reviews) | 4.7/5 (2M+ reviews) |
| Trustpilot Rating | 1.5/5 | 4.2/5 |
| Transparency | Team hidden, no audits | Public team, SEC-regulated |
CoinBene wins on fees. Coinbase wins on everything else - safety, support, features, and trust.
Who Should Avoid CoinBene
Don’t use CoinBene if:
- You’re new to crypto and need help getting started.
- You want to deposit money from your bank account.
- You trade using leverage or futures.
- You care about customer support.
- You’ve ever lost money on a platform before - and you don’t want to repeat it.
It’s not worth the risk. Even if the fees are low, you’re trading with a company that hides its identity, ignores its users, and has no track record of protecting assets.
Who Might Consider It (And Why)
The only people who might find CoinBene useful are:
- Experienced traders who already hold large amounts of altcoins and want to swap them with near-zero fees.
- People who understand the risks and treat it like a high-risk, high-reward gamble - not a bank.
- Those who don’t mind losing funds if the platform disappears tomorrow.
Even then, there are better options. Gate.io, KuCoin, and MEXC all offer low fees, fiat options, and better support. CoinBene doesn’t bring anything unique to the table except silence.
Final Verdict: Too Risky to Recommend
CoinBene isn’t dead. It’s still running. It still processes trades. But it’s a ghost ship.
Low fees? Yes. Great interface? Maybe for experts. Safe? No. Transparent? Absolutely not. Responsive support? Forget it.
There’s a reason it’s not on any "best crypto exchanges" lists. There’s a reason users are leaving in droves. And there’s a reason you can’t find a single honest review that says "I trust this platform."
If you’re looking for a place to trade crypto with confidence, go somewhere with a name, a team, and a history of protecting users. CoinBene has none of those.
Is CoinBene safe to use in 2025?
No, CoinBene is not considered safe for most users. While it hasn’t been shut down, it lacks transparency about its team, has no public audits, and offers no insurance for user funds. With a 1.5/5 Trustpilot rating and numerous reports of lost funds and unresponsive support, the risks far outweigh the low trading fees.
Can I deposit fiat currency like USD or EUR on CoinBene?
No, CoinBene does not support fiat currency deposits. You can only trade cryptocurrencies. To use CoinBene, you must first buy crypto on another exchange like Coinbase or Binance and then transfer it to CoinBene.
Does CoinBene have leverage or futures trading?
No, CoinBene does not offer leverage trading, margin, or futures contracts. It’s a spot-only exchange. This makes it unsuitable for advanced traders looking to short assets or use borrowed funds to increase positions.
What are the trading fees on CoinBene?
CoinBene charges a flat 0.01% trading fee for both makers and takers. Withdrawals are free of exchange fees, though you still pay the standard blockchain miner fees required by the network (like Bitcoin or Ethereum gas fees).
Why is CoinBene’s Trustpilot rating so low?
CoinBene’s 1.5/5 Trustpilot rating comes from 34 user reviews, mostly citing issues like frozen funds, unresponsive customer support, hidden fees, and platform glitches. Many users report losing money due to technical failures and lack of accountability from the exchange’s team.
Is CoinBene regulated?
CoinBene is registered in Singapore but is not licensed by the Monetary Authority of Singapore (MAS). It operates without public regulatory oversight, making it a higher-risk platform compared to regulated exchanges like Coinbase or Kraken.
Does CoinBene have a mobile app?
Yes, CoinBene offers mobile apps for iOS and Android. However, users report frequent crashes, slow performance, and interface bugs. The app is functional but unreliable, and customer support does not respond to app-related complaints.
Next Steps: What to Do Instead
If you’re drawn to CoinBene for its low fees, try KuCoin or Gate.io instead. Both offer 0.1% trading fees (still cheaper than Coinbase), support fiat on-ramps, have active customer support, and publicly list their security measures.
If you’re new to crypto, start with Coinbase or Kraken. They guide you through buying your first Bitcoin, explain wallets, and answer your questions - without disappearing when things go wrong.
CoinBene might look tempting. But in crypto, the cheapest option isn’t always the best. Sometimes, it’s the most dangerous.
19 Comments
Mike Calwell
November 15, 2025 AT 00:58 AMlow fees sure but i lost my eth there once. support? lol. good luck getting a reply.
Ninad Mulay
November 15, 2025 AT 14:29 PMi came from india and tried coinbene after hearing about the 0.01% fees. thought i was getting a deal. turns out my usdt just vanished into the void. no emails returned, no ticket updates. i learned the hard way: if no one knows who runs it, don’t trust it. we got better options now like kucoin and binance.
Grace Craig
November 15, 2025 AT 20:20 PMThe absence of regulatory oversight, coupled with the conspicuous opacity of its operational team and the demonstrable lack of institutional accountability, renders CoinBene not merely a suboptimal choice, but a profound violation of fiduciary prudence in the digital asset ecosystem. One does not gamble with one’s capital on a platform whose founders are effectively ghosts. The 0.01% fee is a siren song - seductive, perilous, and ultimately fatal to the unwary.
Ryan Hansen
November 17, 2025 AT 03:10 AMi’ve used coinbene a few times back in 2021 when i was still learning. the interface felt okay once you got used to it, but the moment something went wrong - like a withdrawal hanging for 72 hours - there was zero communication. no chat, no reply, no nothing. and yeah, the mobile app? absolute garbage. crashed every time i tried to check my balance. i switched to kucoin after that and haven’t looked back. the fees are almost as low, but at least i know someone’s watching the server. also, their customer service actually answers emails. weird, right?
Derayne Stegall
November 18, 2025 AT 00:26 AMlow fees = 🚩🚩🚩 don’t be that guy who loses his life savings for 0.01% 💸😭
Astor Digital
November 19, 2025 AT 03:01 AMi used to think coinbene was a hidden gem until i saw how many people were screaming into the void about lost funds. honestly, if you’re trading altcoins and you’re okay with the risk, fine. but if you’re looking for reliability? nah. there’s no reason to risk it when kucoin, gate.io, and mexc all give you the same low fees plus actual support and a team you can find on linkedin.
Shanell Nelly
November 21, 2025 AT 02:06 AMif you’re new to crypto, please don’t start here. i’ve helped so many friends avoid coinbene after they saw the low fees and got excited. it’s like buying a car with no airbags because it’s cheap. sure, you’ll get to the destination - but what if something goes wrong? use coinbase or kraken first. learn the ropes. then if you want to gamble on low-fee exchanges, at least know what you’re getting into.
Carol Rice
November 22, 2025 AT 08:31 AMHOW IS THIS STILL RUNNING?!?!?!?! 1.5/5 TRUSTPILOT?!?!?!?!?!?!?!? PEOPLE ARE LOSING MONEY AND NO ONE’S DOING ANYTHING?!?!?!?!?!? YOU THINK LOW FEES MAKE UP FOR DISAPPEARING FUNDS?!?!?!?!?!?!?!? I LOST $4K HERE AND THEY DIDN’T EVEN ACKNOWLEDGE MY EMAIL. THIS ISN’T A PLATFORM - IT’S A DIGITAL BLACK HOLE. AVOID. AVOID. AVOID.
Laura Lauwereins
November 22, 2025 AT 19:09 PMhow ironic that the platform with the lowest fees also has the highest silence-to-support ratio. truly, the silent treatment is now a premium service.
Gaurang Kulkarni
November 24, 2025 AT 14:12 PMeveryone complains about coinbene but no one mentions that the real issue is that users are too lazy to do their own due diligence. if you deposit coins on an unregulated exchange with no team info you deserve to lose them. the fees are low because they don’t waste money on customer service or compliance. smart traders use it as a swap tool and move funds fast. the rest are just emotional gamblers
Nidhi Gaur
November 26, 2025 AT 08:48 AMi used coinbene for swapping random altcoins i got from airdrops. worked fine for that. but if you’re holding anything big? nope. i had a friend who tried to withdraw 5 btc and the app just froze. he had to use web version. even then took 3 days. they dont care. just take what you need and leave. dont stay
Usnish Guha
November 26, 2025 AT 20:38 PMyou people are so naive. this is crypto. if you can’t handle risk you shouldn’t be here. coinbene is transparent about what it is - an unregulated exchange with low fees. if you want safety go to coinbase and pay 1.5% in fees while they profit off your ignorance. i use coinbene because i know the rules. you don’t like it? then don’t use it. stop whining
satish gedam
November 27, 2025 AT 13:49 PMhey everyone - if you're thinking of using coinbene, just remember: low fees are great, but your coins are more important. i’ve been helping new traders for years and i always say - start with trusted platforms. learn how to move funds, understand wallets, then maybe try coinbene for small swaps. don’t go all in. and always keep backups. you’ll thank yourself later 🙏
rahul saha
November 27, 2025 AT 18:19 PMcoinbene is the crypto equivalent of a philosophical paradox - it exists, yet it doesn’t. the fee structure is elegant, the interface minimalistic, the silence profound. one wonders if the platform is a real entity or merely an emergent property of collective desperation for cheap trades. is it a ghost? a mirror? or just capitalism’s shadow dancing on the blockchain?
Marcia Birgen
November 28, 2025 AT 12:11 PMi used to think coinbene was fine for quick swaps until my friend lost $8k and the support email bounced back. please don’t be like us. use kucoin or gate.io - they’re almost as cheap, have real teams, and actually reply to tickets. you’re not saving money if you lose your portfolio. trust me, i’ve been there 🤝❤️
Jerrad Kyle
November 28, 2025 AT 13:57 PMi’ve used coinbene for 3 years. never had a problem. i only swap small amounts of obscure tokens. i know the risks. i don’t store anything there long-term. i treat it like a gas station - quick in, quick out. the app crashes? use the website. support doesn’t reply? don’t expect them to. it’s not a bank. it’s a tool. use it right and it works. use it like a savings account? you’re asking for trouble.
Usama Ahmad
November 30, 2025 AT 05:35 AMi use it for small swaps between altcoins. works fine. no drama. just dont put your life savings there. easy
Nathan Ross
December 2, 2025 AT 00:49 AMthe absence of regulatory licensing, combined with demonstrable user attrition and systemic lack of transparency, constitutes a material risk profile incompatible with prudent asset management. while transactional efficiency is commendable, the erosion of institutional accountability renders the platform untenable for any user seeking continuity of service or recourse in the event of operational failure.
Jay Davies
December 3, 2025 AT 16:31 PMyou know what’s funny? coinbene’s website says "free withdrawals" - but they never mention that the blockchain fees can be 10x higher than on other platforms because they route through congested networks. i checked the tx hashes. yeah, they’re not charging you, but they’re making you pay in gas. sneaky. and no one talks about that.