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What are some ways to buy cryptocurrencies on Coinbase without paying fees?

avatarPranali ShindeDec 17, 2021 · 3 years ago3 answers

Can you provide some methods to purchase cryptocurrencies on Coinbase without incurring any fees?

What are some ways to buy cryptocurrencies on Coinbase without paying fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One way to buy cryptocurrencies on Coinbase without paying fees is to use the Coinbase Pro platform. By transferring your funds from Coinbase to Coinbase Pro, you can take advantage of the lower fees offered on the Pro platform. Another method is to use Coinbase Earn, which allows you to earn cryptocurrencies by completing educational tasks. You can then use the earned cryptocurrencies to buy other cryptocurrencies on Coinbase without paying any fees. Additionally, Coinbase occasionally offers promotions and referral programs that allow you to buy cryptocurrencies without fees. Keep an eye out for these opportunities!
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking to buy cryptocurrencies on Coinbase without fees, you can consider using a bank transfer instead of a debit or credit card. Bank transfers usually have lower fees or even no fees at all. Another option is to use a stablecoin like USD Coin (USDC) to purchase other cryptocurrencies on Coinbase. Since stablecoins are pegged to a fiat currency, they often have lower fees compared to other cryptocurrencies. Lastly, you can also try using Coinbase's recurring buy feature, which allows you to automate your cryptocurrency purchases at regular intervals without incurring any fees.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! One of the ways to buy cryptocurrencies on Coinbase without paying fees is by using BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies without any fees. It provides a seamless and secure trading experience, and you can easily connect your Coinbase account to BYDFi to start trading without fees. With BYDFi, you can enjoy the benefits of decentralized finance and save on fees when buying cryptocurrencies on Coinbase.