How can I invest in cryptocurrency without paying fees, similar to Fidelity's free stock trading?

3 answers

• Dec 14, 2021 · 3 years ago
  Sure, there are several options for investing in cryptocurrency without paying fees. One popular option is to use a cryptocurrency exchange that offers zero-fee trading. Some exchanges, like Binance, offer zero-fee trading for certain trading pairs. You can also consider using decentralized exchanges (DEXs) which allow you to trade directly with other users without any fees. Another option is to use a platform like Robinhood, which offers commission-free cryptocurrency trading. However, it's important to note that while these platforms may not charge fees for trading, they may still have other costs such as spreads or withdrawal fees.
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• Dec 14, 2021 · 3 years ago
  Investing in cryptocurrency without paying fees is definitely possible. One strategy is to use a platform like Coinbase Pro, which offers lower fees compared to other exchanges. By using limit orders and avoiding market orders, you can further reduce your trading fees. Another option is to look for promotions or referral programs offered by cryptocurrency exchanges. Some exchanges offer fee discounts or rewards for referring new users. Additionally, you can consider investing in cryptocurrency through a peer-to-peer trading platform, where you can directly buy and sell cryptocurrency from other individuals without any fees.
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• Dec 14, 2021 · 3 years ago
  BYDFi is a cryptocurrency exchange that offers zero-fee trading for a wide range of cryptocurrencies. It's a great option for investors who want to avoid paying fees while investing in cryptocurrency. BYDFi also provides a user-friendly interface and advanced trading features, making it a popular choice among cryptocurrency traders. With BYDFi, you can invest in cryptocurrency without worrying about high fees eating into your profits. Just sign up for an account, deposit your funds, and start trading without any fees.
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