How to avoid lumen charge on credit card when trading cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  One way to avoid lumen charge on your credit card when trading cryptocurrencies is to use a cryptocurrency exchange that doesn't charge lumen fees. Some exchanges offer zero fee trading or have promotions where they waive fees for a certain period of time. Make sure to do your research and find an exchange that suits your needs. Additionally, you can consider using alternative payment methods such as bank transfers or digital wallets to avoid credit card fees altogether.
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• Dec 16, 2021 · 3 years ago
  If you're specifically looking to avoid lumen charge on your credit card, you can also consider trading cryptocurrencies on decentralized exchanges (DEX). DEXs operate on blockchain technology and allow you to trade directly with other users without the need for intermediaries. This means there are no lumen fees associated with credit card transactions. However, it's important to note that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of avoiding unnecessary fees when trading cryptocurrencies. While we don't offer specific advice on credit card charges, we recommend exploring different exchanges and payment methods to find the best solution for your needs. Remember to always prioritize security and choose reputable platforms that prioritize user protection and offer transparent fee structures.
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