What are the options for purchasing crypto without incurring fees?

6 answers

• Dec 16, 2021 · 3 years ago
  One option for purchasing crypto without incurring fees is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing fees. Some popular peer-to-peer platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and do thorough research before engaging in peer-to-peer trading to ensure the safety of your transactions.
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• Dec 16, 2021 · 3 years ago
  Another option is to use a cryptocurrency exchange that offers zero-fee trading. Some exchanges, like Binance, offer zero-fee trading for certain trading pairs. However, it's worth noting that these zero-fee trades may come with certain limitations or conditions, so it's important to read the terms and conditions carefully before using such exchanges.
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• Dec 16, 2021 · 3 years ago
  BYDFi is a digital currency exchange that offers zero-fee trading for all trading pairs. With BYDFi, you can buy and sell cryptocurrencies without incurring any fees. This can be a great option for those looking to save on trading fees. However, it's important to note that BYDFi is just one of the many options available, and it's always a good idea to compare different exchanges and platforms to find the one that best suits your needs.
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• Dec 16, 2021 · 3 years ago
  If you're looking to purchase crypto without incurring fees, you can also consider mining cryptocurrencies. Mining involves using computational power to solve complex mathematical problems, and in return, you're rewarded with newly minted coins. While mining can be a profitable way to acquire cryptocurrencies without fees, it does require a significant investment in hardware and electricity costs.
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• Dec 16, 2021 · 3 years ago
  Another option is to participate in airdrops and bounty programs. Airdrops are when new cryptocurrencies distribute free tokens to holders of existing cryptocurrencies. Bounty programs, on the other hand, reward users for completing specific tasks or promoting a project. By participating in airdrops and bounty programs, you can acquire cryptocurrencies without incurring any fees.
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• Dec 16, 2021 · 3 years ago
  Lastly, you can consider earning cryptocurrencies through various online platforms. There are websites and apps that allow you to earn cryptocurrencies by completing tasks, watching ads, or participating in surveys. While the earnings may not be significant, it's a way to acquire cryptocurrencies without paying any fees.
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