How can I buy bitcoin without being charged any fees?

4 answers

• Dec 16, 2021 · 3 years ago
  One way to buy bitcoin without being charged any fees is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and their associated 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 to buy bitcoin without fees is to look for cryptocurrency exchanges that offer zero-fee trading. Some exchanges, like Binance, occasionally run promotions where they waive trading fees for a limited time. Keep an eye out for such promotions and take advantage of them when available. However, be aware that these promotions may have certain restrictions or conditions, so make sure to read the terms and conditions before participating.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a unique feature that allows users to buy bitcoin without being charged any fees. Through their referral program, users can invite friends to join BYDFi and earn rewards. When your referred friends make trades on BYDFi, you will receive a portion of their trading fees as a reward. This can effectively offset the fees you would have paid otherwise. It's a win-win situation for both you and your friends!
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• Dec 16, 2021 · 3 years ago
  If you're looking to buy bitcoin without fees, you can also consider mining bitcoin. Mining involves using specialized hardware to solve complex mathematical problems, and in return, you earn bitcoin as a reward. While mining does require an upfront investment in equipment and electricity costs, it can be a profitable way to acquire bitcoin without paying any fees. However, keep in mind that mining can be resource-intensive and may not be suitable for everyone.
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