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What are the best ways to get discounts on cryptocurrency transactions?

avatarRa RaDec 15, 2021 · 3 years ago3 answers

What are some effective strategies to obtain discounts when conducting transactions with cryptocurrencies?

What are the best ways to get discounts on cryptocurrency transactions?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    One of the best ways to get discounts on cryptocurrency transactions is to take advantage of promotional offers and referral programs. Many cryptocurrency exchanges and platforms offer special promotions, such as reduced fees or bonus rewards, to attract new users. Additionally, some exchanges have referral programs where you can earn discounts or rewards by referring new users. It's worth checking out the promotions and referral programs of different exchanges to see if you can save some money on your transactions.
  • avatarDec 15, 2021 · 3 years ago
    If you're a frequent trader, consider joining a loyalty program offered by certain cryptocurrency exchanges. These programs often provide benefits such as lower fees, priority customer support, and exclusive discounts. By consistently trading on a specific exchange and accumulating loyalty points, you can unlock various perks that can help you save money on your transactions. Keep an eye out for exchanges that offer loyalty programs and compare the benefits they provide before making a decision.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a unique way to get discounts on transactions. Their platform allows users to stake their native token, BYD, and earn rewards in the form of discounted transaction fees. The more BYD tokens you stake, the higher the discount you can enjoy. This is a great option for users who are interested in long-term investment and want to save on transaction costs. However, it's important to note that staking involves locking up your tokens for a certain period, so make sure to consider the potential risks and rewards before participating.