Top 18 cryptocurrencies with lowest transaction fees

Here is our top 18 cryptocurrencies with the lowest transaction fees.

CryptocurrencyTransaction costTransaction speed
IOTA (IOTA)03-5 seconds
Stellar (XLM)0.00001 XLM3-5 seconds
Tamadoge (TAMA)0Couple seconds
Ripple (XRP)0.00265 euro3-5 seconds
Nano (NANO)0Under 1 second
Cardano (ADA)0.15-0.2 ADA3-5 seconds
Dash (DASH)0.20-0.30 euro1-2 seconds
EOSIO (EOS)0.001 euro1 second
Zilliqa (ZIL)0.1 zilliqa30-40 seconds
Digibyte (DGB)0.005 euro15 seconds
Vertcoin (VTC)0.01 euro2.5 minutes
Ethereum classic (ETC)0.000067 ETC30 seconds to 6 minutes
Reddcoin (RDD)0.001 euro60 seconds
Dogecoin (DOGE)0.25 euro5- 30 minutes
Litecoin (LTC)0.05 euro2.5 minutes
Tron (TRX)0.01 euro3 minutes
Bitcoin cash (BCH)0.002 euro10 minutes
Bitcoin SV (BSV)0.0052 seconds
List of 18 cryptocurrencies there transaction costs and speed.

IOTA (IOTA)

Iota is one of the few cryptocurrencies without any transactional fees. This is due to the fact that IOTA doesn’t use miners for its system, making it that the network doesn’t need to reward the miners. In turn transactions without fees are possible. It can handle about 1000 transactions per second which means that a transaction is done in about 3 to 5 seconds.

Stellar (XLM)

Stellar or XLM is a cryptocurrency that is inherently designed to allow fast and cheap transactions. The cryptocurrency has a transaction cost per transaction of only 0.00001 XLM and can settle about 1000 transactions per second. This translates to a transactional speed of about 3 to 5 seconds.

Tamadoge (TAMA)

Tamadoge is one of the newer kids on the block and is a memecoin. It makes it to the race of cryptocurrency with lowest transaction fees due to the fact all transaction made using TAMA come with zero fees. Making it just like IOTA one of the few coins with zero transactional fees.

Ripple (XRP)

Ripple is cryptocurrency with fast transactional speed. The cryptocurrency tries to improve the global payment system and make cross-border transactions less of a hassle. And while the crypto doesn’t have 0 fees like some others on the list it still has a low fee at an average of about 0.00265 euro per transaction. The transaction speed of ripple is about 1000 transactions per second or 3 to 5 seconds depending on network congestion.

Nano (NANO)

Nano is another of the fee-less cryptocurrencies. it can finalize transactions within a second and boosts no transactional fee whatever the amount. It finalizes any transaction and any transaction amount within 1 second.

Cardano (ADA)

Cardano is another popular cryptocurrency with relatively low transaction fees albeit not free. The average fee is between 0.15-0.2 ADA which is about 5 cents give or take. It boosts a high transactional speed at 1000 transactions per second.

Dash (DASH)

Dash, which is an abbreviation for “digital cash” also offers a relative low transaction fee of about 20 to 30 cents. With Dash a transaction will only take between 1 to 2 seconds making it near instantly.

EOSIO (EOS)

EOS, which is another popular crypto, boosts near zero transactional fees. It’s fees come in at about 1 tenth of a cent and take almost no time with the transaction happening near instantly.

Zilliqa (ZIL)

Zilliqa is another crypto with near zero transaction fees, clocking in at 0.1 zilliqa per transaction. This translates to about 2 tenth of a cent per transaction. Its transactional speed is quick but not one of the quickest at 30-40 seconds.

Digibyte (DGB)

Digibyte is a fast growing open source platform with incredible low albeit not free transaction cost. The fees come in at about 5 tenth of a cent and it takes in total about 15 seconds for a transaction to take place.

Vertcoin (VTC)

Vertcoin is one of the older cryptocurrencies existing since the 8th of Januari 2014. This cryptocurrency boosts a transactional fee cost of about 1 cent and the transaction takes about 2.5 minutes.

Ethereum classic (ETC)

Ethereum classic, which was initially launched via a hard fork from the Ethereum network in 2016, also has a low fee per transaction. This comes, on average, in at a low of just 0.000067 ETC or about a tenth of a cent. The transaction speed is worse tho (if compared to the other cryptocurrencies on the list) clocking in at 30 seconds all the way up to 6 minutes.

Reddcoin (RDD)

Reddcoin came into existence in january 2014 and has since than a low cost per transaction clocking in at around 1 tenth of a cent. Its transaction speed is quite fast, coming in at 60 seconds in total.

Dogecoin (DOGE)

Dogecoin is a weird one, as its transactional fees are about 25 cents. However being that the coin itself costs only a few cents you spent quite a lot of coins of a transaction. Nonetheless in monetary value the transaction costs remains good. A transaction is quite slow however, taking between 5 and 30 minutes.

Litecoin (LTC)

Litecoin, which is often referred to as the silver to bitcoin’s gold, is known for its low transaction fee of about 5 cents per transaction. Its network speed is however lower than the other cryptocurrencies listed and comes in at 54 TPS. Which comes down to about 2.5 minutes for a transaction.

Tron (TRX)

Tron which is a blockchain platform with a focus on content publishing and sharing, boosts almost 0 fees. The transactional fees of the network regularly come below 1 cent and take about 3 minutes to complete.

Bitcoin Cash (BCH)

Bitcoin cash, is a crypto that originally started out by a hardfork from the bitcoin network on august 1, 2017. It’s transactions take about 10 minutes which is quite long and costs about 0.0025 dollar or 0.002 euro.

Bitcoin SV (BSV)

Last but not least, bitcoin SV. This cryptocurrency started out just like bitcoin cash, with a hardfork from the bitcoin network. Bitcoin SV it’s hardfork happened later tho, as it happened on november the 15th, 2018. It has near zero transactional cost coming in at 0.005 euro per transaction. It is faster than bitcoin cash, with a transaction taking 2 seconds.

Honorable mentions

Vechain (VET)

Vechain is another up and coming cryptocurrency with generally incredibly low transactional fees. It was however not listed in the list as there isn’t an accurate range to give for its fees. As it fluctuates quite a lot.

Binance coin (BNB)

BNB is a honerable mention as it in itself doesn’t have low transaction fees but the cryptocurrency lowers transaction fees for trades on the binance platform. Making it that interacting with binance in itself costs less money.

Disclaimer

Please note that the information provided in this blog post is for informational purposes only and should not be considered as financial advice. The content presented is based on personal opinions and research, and it is recommended to conduct your own analysis and consult with a qualified financial advisor before making any investment decisions. Cryptocurrency investments carry inherent risks, and the author and website shall not be held responsible for any financial losses or damages incurred. Always exercise caution and make informed decisions when dealing with cryptocurrencies or any other financial assets. Lastly, please conduct your own research into the legality of crypto within your jurisdiction. Furthermore, trading can carry significant risk and should only be conducted with an amount that you can afford to lose. This is not financial advice.

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