common-close-0
BYDFi
Trade wherever you are!

Is it possible to create an Ethereum wallet without any fees?

avatarmullapudi gopivardhanDec 19, 2021 · 3 years ago3 answers

I'm interested in creating an Ethereum wallet, but I want to avoid any fees if possible. Is it actually possible to create an Ethereum wallet without incurring any fees? If so, how can I do it?

Is it possible to create an Ethereum wallet without any fees?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to create an Ethereum wallet without any fees. One way to do it is by using a web-based wallet like MyEtherWallet. With MyEtherWallet, you can create a wallet for free and there are no fees associated with it. Simply go to their website, follow the instructions to create a new wallet, and you're good to go. Keep in mind that while creating the wallet is free, there may still be transaction fees when you send or receive Ethereum.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! You can create an Ethereum wallet without any fees by using a hardware wallet like Ledger or Trezor. These hardware wallets offer a secure way to store your Ethereum and there are no fees associated with creating the wallet itself. Simply purchase a hardware wallet, set it up following the instructions provided, and you'll have your fee-free Ethereum wallet ready to use.
  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to create an Ethereum wallet without any fees. BYDFi, a popular decentralized exchange, offers a feeless wallet creation process. Simply visit their website, sign up for an account, and you'll be able to create an Ethereum wallet without incurring any fees. It's a great option for those looking to avoid fees and have full control over their wallet.