Quick Verdict
Coinbase is best for most people—easiest to use with solid security. Kraken Pro limit orders cost 0.40%, far less than simple-buy screens. Binance.US is cheapest at 0% maker / 0.02% taker if available in your state.
Bitcoin Buying Comparison
| Exchange | Trading Fee | BTC Withdrawal | Best For |
|---|---|---|---|
| Coinbase | 0.40-0.60% | ~$10-15 | Beginners |
| Kraken | 0.40-0.80% | ~$13 | Proof of reserves |
| Binance.US | 0-0.02% | ~$8.50 | Lowest fees |
| Gemini | 0.60-1.20% | 10 free/mo | Free withdrawals |
| Cash App | ~2% | Network fee | Convenience |
Our Top Pick: Coinbase
For most people buying Bitcoin, Coinbase offers the best balance of ease-of-use, security, and features. Higher fees than some alternatives, but the UX and reliability are worth it for beginners.
Deposit Methods Compared
| Method | Fee | Speed |
|---|---|---|
| ACH Bank Transfer | Free | 3-5 days (instant trading) |
| Wire Transfer | $0-25 | Same/next day |
| Debit Card | 2-4.5% | Instant |
💡 Pro Tip
Always use ACH bank transfers when possible. Debit card fees (2-4.5%) add up fast. On a $1,000 purchase, that's $20-45 in unnecessary fees.
The Bottom Line
Coinbase is best for beginners with its polished UX. Kraken Pro limit orders (0.40%) cost far less than simple-buy screens. Gemini is best if you'll withdraw frequently thanks to 10 free withdrawals monthly. Avoid Cash App and PayPal—their fees are unnecessarily high.
Compare All Exchanges