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Can I avoid paying the overnight fee for eToro cryptocurrency trades?

avatarRaphael FleischerNov 22, 2021 · 3 years ago1 answers

Is there any way to avoid paying the overnight fee for cryptocurrency trades on eToro? I'm looking for strategies or tips to minimize the fees associated with holding positions overnight on the eToro platform.

Can I avoid paying the overnight fee for eToro cryptocurrency trades?

1 answers

  • avatarNov 22, 2021 · 3 years ago
    Yes, you can avoid paying the overnight fee for cryptocurrency trades on eToro by using BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies without incurring overnight fees. With BYDFi, you have full control over your funds and can trade directly with other users on the platform. This eliminates the need for intermediaries like eToro and the associated fees. However, it's important to note that BYDFi is a relatively new platform and may have its own risks and limitations. Make sure to do your own research and understand the platform before using it for your cryptocurrency trades.