Blockchain technology enables low-cost transactions, with cryptocurrencies like Solana, XRP, Stellar, TRON, and others allowing users to transfer significant amounts at near-zero fees. Cryptocurrencies offer borderless, 24/7 transactions with fixed fees—whether sending to a neighbor or across the globe.
While Bitcoin and Ethereum often incur high fees (up to $20+ during peak times), numerous affordable alternatives exist. Below, we explore the 12 cheapest cryptos to transfer, ideal for payments, exchange transfers, and micropayments.
12 Cryptocurrencies with the Lowest Transfer Fees
- Solana (SOL) – Scalable smart contracts platform
- XRP – Efficient payment cryptocurrency
- Stellar (XLM) – Payments and decentralized trading
- Dogecoin (DOGE) – Low-fee meme coin
- TRON (TRX) – Smart contracts with minimal costs
- Litecoin (LTC) – Faster Bitcoin alternative
- Dash (DASH) – Privacy-focused digital cash
- Algorand (ALGO) – Eco-friendly smart contracts
- Nano (XNO) – Zero-fee transactions
- Zcash (ZEC) – Privacy coin with low fees
- NEAR Protocol – Sharding-enabled scalability
- Monero (XMR) – Top privacy cryptocurrency
Detailed Breakdown of Low-Fee Cryptos
1. Solana (SOL)
- Fee: ~$0.00025 per transaction
Key Features:
- Processes thousands of transactions per second (TPS) via Proof-of-History and Proof-of-Stake.
- Supports DeFi, NFTs, and SPL tokens with negligible costs.
👉 Buy Solana on OKX
2. XRP
- Fee: ~$0.0002 per transaction
Key Features:
- XRP Ledger Consensus Protocol enables fast, low-cost transfers.
- Requires a 10 XRP reserve per wallet.
3. Stellar (XLM)
- Fee: ~0.00001 XLM (fractions of a cent)
Key Features:
- Built-in decentralized exchange (DEX) for asset trading.
- Smart contracts in development.
4. Dogecoin (DOGE)
- Fee: ~$0.005 per transaction
Key Features:
- Merge-mined with Litecoin; fees spike during hype periods.
5. TRON (TRX)
- Fee: <$0.01 per transaction
Key Features:
- Popular for USDT transfers via Delegated Proof-of-Stake (DPoS).
Transaction Fee Comparison
| Crypto | Avg Fee (USD) | Speed | Use Case |
|--------------|---------------|-------------|-------------------|
| Solana | $0.00025 | Instant | DeFi, NFTs |
| XRP | $0.0002 | 3-5 sec | Cross-border payments |
| Nano | $0 | <1 sec | Micropayments |
Data as of 2024.
Layer 2 Solutions: Reducing BTC/ETH Fees
- Ethereum: Use rollups (Arbitrum, Optimism) or zk-rollups (Polygon zkEVM).
- Bitcoin: Leverage Lightning Network for instant, low-cost transactions.
👉 Explore Layer 2 Options on OKX
FAQs
Q: Which crypto has zero transaction fees?
A: Nano (XNO) uses a DAG architecture for feeless transactions.
Q: Are low-fee cryptos less secure?
A: Not necessarily. Coins like Solana and Algorand balance low fees with robust security.
Q: Can I avoid fees entirely?
A: Some exchanges offer fee-free internal transfers—check platform policies.
Final Thoughts
Choosing low-fee cryptos like Solana, XRP, or Nano can save significant costs versus Bitcoin or Ethereum. For frequent transfers, prioritize speed and affordability.
For long-term investments, diversify with high-potential altcoins on OKX.