What are the best ways to buy cryptocurrency without fees?

4 answers

• Dec 17, 2021 · 3 years ago
  One of the best ways to buy cryptocurrency without fees is to use a peer-to-peer exchange platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and their associated fees. Some popular peer-to-peer exchanges include LocalBitcoins and Paxful. Just make sure to do your due diligence and choose reputable sellers with good feedback ratings.
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• Dec 17, 2021 · 3 years ago
  Another option to buy cryptocurrency without fees is to use a platform that offers zero-fee trading. Some exchanges, like Binance, offer zero-fee trading for certain trading pairs. However, keep in mind that there may still be fees involved when depositing or withdrawing funds from the exchange. Additionally, the availability of zero-fee trading may vary depending on your location.
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• Dec 17, 2021 · 3 years ago
  BYDFi is a decentralized finance (DeFi) platform that allows users to buy cryptocurrency without fees. It operates on the Binance Smart Chain and offers a wide range of cryptocurrencies for trading. BYDFi utilizes automated market makers (AMMs) to provide liquidity and enable feeless transactions. Users can connect their wallets, such as MetaMask, to BYDFi and start trading without worrying about fees. It's a great option for those looking to avoid fees while buying cryptocurrency.
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• Dec 17, 2021 · 3 years ago
  If you're looking for an alternative to BYDFi, you can consider using decentralized exchanges (DEXs) like Uniswap or SushiSwap. These DEXs operate on the Ethereum blockchain and allow users to trade cryptocurrencies directly from their wallets. Since DEXs are decentralized, they don't require intermediaries and often have lower fees compared to centralized exchanges. However, keep in mind that gas fees on the Ethereum network can be high during periods of high demand.
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