How can I start trading cryptocurrencies without any fees?
Dániel SzalaiDec 18, 2021 · 3 years ago3 answers
I want to start trading cryptocurrencies, but I don't want to pay any fees. How can I do that?
3 answers
- Dec 18, 2021 · 3 years agoOne way to start trading cryptocurrencies without any fees is to use a decentralized exchange (DEX). DEXs allow you to trade directly with other users on the blockchain, eliminating the need for intermediaries and their fees. Some popular DEXs include Uniswap and SushiSwap. Just keep in mind that DEXs may have lower liquidity and fewer trading pairs compared to centralized exchanges.
- Dec 18, 2021 · 3 years agoIf you're looking to avoid fees, you can also consider peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade and potentially avoid fees charged by traditional exchanges. LocalBitcoins and Paxful are examples of P2P trading platforms for cryptocurrencies.
- Dec 18, 2021 · 3 years agoAt BYDFi, we offer zero-fee trading for cryptocurrencies. With our platform, you can start trading without worrying about fees eating into your profits. Simply sign up, deposit your funds, and start trading. Our user-friendly interface and advanced trading features make it easy for both beginners and experienced traders to navigate the cryptocurrency market.
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