The True-Cost Index · monthly edition
True-Cost Index, July 2026.
measured by Skontro · permanent edition
What a €1,000 buy cost across 11 exchanges (EUR books), July 2026: 50,463 measurements.
The founding EUR series · longest continuous record
What a €1,000 buy cost across 11 exchanges, July 2026 — fee plus hidden spread.
| Exchange | Measurements | Avg fee | Avg hidden spread | Avg all-in | Cheapest | Dearest |
|---|---|---|---|---|---|---|
| Binance | 5920 | €1.00 | €0.66 | €1.66 | 70.1% | 0.0% |
| OKX | 5960 | €1.00 | €0.88 | €1.88 | 20.9% | 0.0% |
| Bitget | 3725 | €1.00 | €1.39 | €2.39 | 2.1% | 0.0% |
| MEXC | 4813 | €0.50 | €1.91 | €2.41 | 2.4% | 0.2% |
| KuCoin | 1490 | €1.00 | €2.92 | €3.92 | 0.1% | 0.0% |
| Kraken | 5960 | €4.00 | €0.52 | €4.52 | 0.2% | 0.0% |
| Crypto.com | 4470 | €5.00 | €2.52 | €7.52 | 0.0% | 1.9% |
| Coinbase | 5960 | €12.00 | €0.81 | €12.81 | 0.0% | 80.9% |
| Bitpanda * | 5904 | €0.00 | €14.07 | €14.07 | 0.0% | 0.0% |
| Bybitthin order book · not assessed | 5502 | €1.00 | €8.08 | €9.08 | — | — |
| Geminino longer compared | 759 | €12.00 | €2.86 | €14.86 | — | — |
2026-07-01 → 2026-07-31 · 50,463 measurements · Method: /true-cost/methodology
The “0% fee” check
- MEXC advertises a near-zero taker fee — measured all-in €2.41 per €1,000, €1.91 hidden spread.
Sources & method
Skontro's founding EUR series — the longest continuous record, running on as a continuing service beside the dollar edition. Each exchange is priced separately on every measured asset, then averaged into one number. 50,463 measurements in 5,952 asset-hour rounds (5,952 rankable), observed 2026-07-01 → 2026-07-31 · 100.0% of scheduled asset-hour rounds.
Basket v1: the founding 8-asset series. * = estimated, not measured: a list-price exchange with no public order book; excluded from the cheapest/dearest rounds. Not assessed = a thin order book or an exchange no longer compared; shown for the record, never ranked. Ranking is by net amount received; affiliate relationships never move a number. How “hidden spread” is measured: /true-cost/methodology. Corrections → hello@skontro.com, applied and dated visibly.
Cite: Skontro True-Cost Index, July 2026 — measured 2026-07-01 to 2026-07-31, 50,463 hourly order-book measurements, €1,000 buy. skontro.com/research/2026/07
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Method: /true-cost/methodology · JSON: /api/truecost/index?month=2026-07
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