What are the best ways to buy cryptocurrency without paying fees?

4 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to buy cryptocurrency without paying fees is to use a peer-to-peer exchange. 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. However, it's important to exercise caution when using these platforms and only trade with reputable sellers.
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• Dec 18, 2021 · 3 years ago
  Another option to buy cryptocurrency without fees is to use a decentralized exchange (DEX). DEXs operate on blockchain technology and allow users to trade directly with each other without the need for a centralized authority. Examples of popular DEXs include Uniswap and SushiSwap. Keep in mind that while DEXs generally have lower fees compared to traditional exchanges, they may have higher network fees due to the nature of blockchain transactions.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a unique feature that allows users to buy cryptocurrency without paying any fees. They achieve this by subsidizing the transaction fees for their users. This means you can buy cryptocurrency without worrying about additional costs. However, it's important to note that BYDFi may have certain limitations and restrictions on the available cryptocurrencies and trading pairs.
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• Dec 18, 2021 · 3 years ago
  If you're looking to buy cryptocurrency without fees, you can also consider participating in airdrops and bounty programs. These are promotional activities conducted by blockchain projects to distribute free tokens to users. By completing certain tasks or fulfilling specific requirements, you can earn cryptocurrency without having to pay any fees. Keep an eye on reputable cryptocurrency forums and social media channels to find out about upcoming airdrops and bounty programs.
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