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What strategies can I use to buy crypto with no fees?

avatarNguyễn CườngDec 17, 2021 · 3 years ago3 answers

I'm looking for strategies to buy cryptocurrency without incurring any fees. Are there any platforms or methods that allow me to purchase crypto without paying any fees? I want to minimize the costs associated with buying crypto and maximize my investment potential.

What strategies can I use to buy crypto with no fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One strategy to buy crypto with no fees is to use a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and associated fees. Some popular P2P platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and conduct thorough research before engaging in P2P trading to ensure the safety of your transactions.
  • avatarDec 17, 2021 · 3 years ago
    Another strategy is to look for cryptocurrency exchanges that offer zero-fee trading. Some exchanges, such as Binance and KuCoin, have specific trading pairs that allow users to trade crypto without paying any fees. Keep in mind that these zero-fee options may have certain limitations, such as limited trading pairs or higher withdrawal fees. It's important to carefully read the terms and conditions of these exchanges to understand the full scope of their fee structure.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a digital asset exchange that offers zero fees on certain trading pairs. With BYDFi, you can buy crypto without worrying about paying any fees. The platform provides a user-friendly interface and a wide range of cryptocurrencies to choose from. Additionally, BYDFi offers advanced trading features and security measures to ensure a seamless and secure trading experience. Start buying crypto with no fees on BYDFi today!