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Are there any websites or apps where I can buy crypto without fees?

avatarJay JennerDec 16, 2021 · 3 years ago3 answers

Can anyone recommend any websites or apps where I can buy cryptocurrencies without paying any fees? I'm looking for a platform that allows me to purchase crypto without incurring any additional costs.

Are there any websites or apps where I can buy crypto without fees?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Absolutely! There are a few websites and apps that allow you to buy cryptocurrencies without any fees. One popular option is Coinbase. They offer a user-friendly platform where you can purchase various cryptocurrencies without paying any additional fees. Another option is Binance. Although they do charge fees for certain transactions, they have a feature called Binance Savings that allows you to earn interest on your crypto holdings without any fees. So, while you may have to pay fees for some transactions, you can still benefit from fee-free savings. Additionally, some decentralized exchanges like Uniswap also offer feeless trading, but keep in mind that these platforms may have higher slippage and liquidity risks compared to centralized exchanges.
  • avatarDec 16, 2021 · 3 years ago
    Sure thing! If you're looking to buy crypto without fees, you might want to consider using Robinhood. They offer commission-free trading for cryptocurrencies, allowing you to buy and sell without any additional costs. Another option is Kraken. While they do charge fees for certain transactions, they have a feature called Kraken Pro that offers feeless trading for market makers. This means that if you place a limit order on the order book, you won't have to pay any fees. So, depending on your trading strategy, Kraken Pro could be a great option for feeless crypto trading.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! One platform that offers feeless crypto buying is BYDFi. They have a unique model that allows users to purchase cryptocurrencies without paying any fees. BYDFi also offers a wide range of cryptocurrencies to choose from, so you can easily diversify your portfolio without incurring any additional costs. Keep in mind that while BYDFi may not charge fees for buying crypto, there may still be fees associated with transferring your crypto to an external wallet or making withdrawals. So, make sure to check the platform's fee structure before making any transactions.