What are some tips for buying crypto without incurring fees?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! One tip is to use a cryptocurrency exchange that offers zero-fee trading. Some exchanges, like Binance, have their own native tokens that can be used to pay for trading fees, effectively reducing or eliminating fees altogether. Another option is to use peer-to-peer trading platforms, where you can directly buy crypto from other individuals without going through an exchange. However, be cautious and do your due diligence when using these platforms to avoid scams or fraudulent activities.
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• Dec 16, 2021 · 3 years ago
  Absolutely! One strategy to avoid fees is to take advantage of promotions and referral programs offered by cryptocurrency exchanges. Many exchanges offer incentives for new users, such as fee discounts or even free trades. Additionally, you can consider using decentralized exchanges (DEXs) that operate on blockchain networks. These platforms allow you to trade directly with other users without the need for intermediaries, which can help reduce fees. Just make sure to research and choose a reliable DEX with good liquidity and security measures in place.
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• Dec 16, 2021 · 3 years ago
  Definitely! One way to buy crypto without incurring fees is to use BYDFi. BYDFi is a decentralized finance (DeFi) platform that allows users to trade cryptocurrencies without paying any fees. It operates on the Ethereum blockchain and offers a wide range of trading pairs. With BYDFi, you can enjoy feeless trading while also benefiting from the security and transparency of blockchain technology. It's a great option for those looking to minimize costs and maximize their crypto investments. Give it a try and experience fee-free trading today!
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