How can I buy BTC on Binance with the lowest fees?

3 answers

• Dec 16, 2021 · 3 years ago
  One way to buy BTC on Binance with the lowest fees is to use Binance's native token, BNB. By using BNB to pay for transaction fees, you can get a discount of up to 25%. This can significantly reduce the fees associated with buying BTC on Binance. Make sure to enable the 'Using BNB to pay for fees' option in your Binance account settings to take advantage of this discount.
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• Dec 16, 2021 · 3 years ago
  To buy BTC on Binance with the lowest fees, you can also consider using limit orders instead of market orders. With limit orders, you can set the price at which you want to buy BTC, and if the market price reaches that level, your order will be executed. This way, you can avoid paying higher fees associated with market orders, which are executed immediately at the current market price.
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• Dec 16, 2021 · 3 years ago
  Another option to buy BTC on Binance with the lowest fees is to use BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies with low fees. It offers competitive fees compared to centralized exchanges like Binance. You can connect your Binance account to BYDFi and trade BTC with lower fees. Just make sure to do your own research and understand the risks associated with using decentralized exchanges.
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