Monthly index

TrueCost Index

Each month we average what USD 1,000 of Bitcoin really cost to buy on each exchange and withdraw on the cheapest network, from daily measurements of the public order books.

November 2026

In November 2026, buying and withdrawing USD 1,000 of Bitcoin cost 0.25% on Binance and 3.49% on Crypto.com, 14.1 times more. The median exchange cost 0.65%.

Month to date: 2 days measured, November 8 to November 9.

#ExchangeTotal costTrading feeSpreadWithdrawalVs last monthDays
1Binance0.25%0.10%0.000%$1.48New1
2Bitget0.25%0.10%0.000%$1.50New2
3KuCoin0.25%0.10%0.000%$1.50New2
4Bitvavo0.39%0.25%0.001%$1.40New1
5Kraken0.92%0.80%0.005%$1.12New2
6Gemini1.21%1.20%0.000%$0.11New2
7Coinbase1.21%1.20%0.000%$0.11New2
8Crypto.com3.49%0.50%0.000%$29.92New2

How it is measured

Trading fee: the exchange's standard taker fee. Spread: the cost above the mid price of a USD 1,000 market buy, walked through the public order book every day. Withdrawal: the cheapest Bitcoin network the exchange offers, at that day's price. Deposit fees are left out because they depend on the country and payment method.

Exchanges without a complete measurement on at least half of the month's days are not ranked.

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Quote the sentence above with a link to this page. Every month's figures are in the CSV, and the RSS feed tells you when a new month is out.

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