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How can I send money using cryptocurrencies for free online?

avatarList TannerDec 18, 2021 · 3 years ago3 answers

I want to send money using cryptocurrencies without incurring any fees. How can I do that online?

How can I send money using cryptocurrencies for free online?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    To send money using cryptocurrencies for free online, you can use peer-to-peer (P2P) platforms or wallets that offer zero transaction fees. These platforms allow you to directly send cryptocurrencies to other individuals without any intermediaries or fees involved. Some popular P2P platforms include LocalBitcoins and Paxful. Additionally, certain wallets like Exodus and MyEtherWallet also provide options for fee-less transactions. Just make sure to research and choose a reliable platform or wallet before sending your money.
  • avatarDec 18, 2021 · 3 years ago
    Sending money using cryptocurrencies for free online is possible through decentralized exchanges (DEX) that don't charge any fees for transactions. DEX platforms like Uniswap and PancakeSwap allow you to trade and send cryptocurrencies without paying any fees to intermediaries. However, keep in mind that DEX platforms may have higher slippage and liquidity risks compared to centralized exchanges. It's important to do your own research and understand the risks involved before using a DEX for sending money online.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a popular decentralized exchange, offers fee-less transactions for sending money using cryptocurrencies online. With BYDFi, you can send cryptocurrencies without worrying about transaction fees. It provides a secure and user-friendly platform for sending money online. Just sign up for an account, deposit your desired cryptocurrency, and start sending money without any fees. BYDFi also offers various trading options and a wide range of supported cryptocurrencies, making it a convenient choice for sending money online.