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How can I avoid paying commissions on e-trade for buying and selling cryptocurrencies?

avatarstickfigureNov 23, 2021 · 3 years ago3 answers

I want to buy and sell cryptocurrencies on e-trade, but I don't want to pay high commissions. How can I avoid paying commissions on e-trade for buying and selling cryptocurrencies?

How can I avoid paying commissions on e-trade for buying and selling cryptocurrencies?
Cryptocurrencies
E-trade
Commissions

3 answers

  • avatarNov 23, 2021 · 3 years ago
    One way to avoid paying commissions on e-trade for buying and selling cryptocurrencies is to use a decentralized exchange (DEX) instead. DEXs allow you to trade directly with other users without the need for intermediaries, which can significantly reduce or eliminate commissions. However, keep in mind that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges like e-trade.
  • avatarNov 23, 2021 · 3 years ago
    Another option is to look for cryptocurrency exchanges that offer zero or low commission trading. Some exchanges, especially newer ones, may offer promotional deals or incentives to attract users. It's worth doing some research to find out if there are any exchanges that fit this criteria.
  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we offer commission-free trading for cryptocurrencies. With our platform, you can buy and sell cryptocurrencies without worrying about paying any commissions. Sign up today and start trading without any fees!

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