How can I buy Bitcoin online without fees?
RupaDec 18, 2021 · 3 years ago3 answers
I want to buy Bitcoin online, but I don't want to pay any fees. Is there a way to buy Bitcoin without incurring any fees?
3 answers
- Dec 18, 2021 · 3 years agoSure, there are a few ways you can buy Bitcoin online without paying any fees. One option is to use a peer-to-peer trading platform, such as LocalBitcoins or Paxful, where you can buy Bitcoin directly from other individuals. Another option is to use a cryptocurrency exchange that offers zero-fee trading, such as Binance. However, keep in mind that these platforms may have certain limitations or requirements, so make sure to do your research before choosing one.
- Dec 18, 2021 · 3 years agoBuying Bitcoin online without fees is definitely possible. One way to do it is by using a platform like Coinbase Pro, which offers zero fees for market makers. Market makers are users who provide liquidity to the exchange by placing limit orders that are not immediately matched with existing orders. By placing limit orders, you can avoid paying any fees when buying Bitcoin. Just make sure to familiarize yourself with the platform's trading interface and order types before getting started.
- Dec 18, 2021 · 3 years agoIf you're looking to buy Bitcoin online without fees, you can try using BYDFi. BYDFi is a decentralized exchange that allows users to trade cryptocurrencies without paying any fees. It operates on the Binance Smart Chain and offers a wide range of trading pairs. However, keep in mind that using decentralized exchanges may require a bit more technical knowledge compared to traditional centralized exchanges. Make sure to do your own research and understand the risks involved before using BYDFi or any other decentralized exchange.
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