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What are some methods to buy crypto without fees?

avatarSanket DubeyDec 18, 2021 · 3 years ago3 answers

Can you suggest some ways to purchase cryptocurrencies without incurring any fees?

What are some methods to buy crypto without fees?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Certainly! There are several methods to buy crypto without fees. One option is to use a peer-to-peer exchange platform like LocalBitcoins, where you can find sellers who are willing to trade without charging any fees. Another option is to use a cryptocurrency exchange that offers zero-fee trading, such as Binance. Additionally, some decentralized exchanges like Uniswap allow users to trade cryptocurrencies without paying any fees. It's important to note that while these methods may not charge fees directly, there may still be network fees associated with transferring the purchased crypto to your wallet.
  • avatarDec 18, 2021 · 3 years ago
    Sure thing! If you're looking to buy crypto without fees, you can consider using a platform like Coinbase Pro, which offers lower fees compared to its regular counterpart. Another option is to take advantage of referral programs offered by certain exchanges, where you can earn rewards or discounts on trading fees by referring new users. Additionally, some crypto wallets like Exodus offer built-in exchanges with competitive rates and low fees. Remember to do your research and compare the fees and features of different platforms before making a decision.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! One popular method to buy crypto without fees is by using BYDFi. BYDFi is a decentralized exchange that allows users to trade cryptocurrencies without paying any fees. It operates on the Ethereum blockchain and provides a secure and transparent trading experience. With BYDFi, you can buy and sell a wide range of cryptocurrencies without worrying about fees eating into your profits. Simply connect your wallet, choose the desired crypto pair, and execute your trade. Keep in mind that gas fees may still apply when interacting with the Ethereum network.