What are the best strategies for buying bitcoin without fees?

3 answers

• May 05, 2022 · 3 years ago
  One of the best strategies for buying bitcoin without fees is to use a peer-to-peer exchange. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and their associated fees. Some popular peer-to-peer exchanges include LocalBitcoins and Paxful. By negotiating directly with sellers, you can often find better prices and avoid paying any fees. However, it's important to exercise caution and only transact with reputable sellers to ensure the safety of your funds.
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• May 05, 2022 · 3 years ago
  Another strategy is to look for exchanges that offer zero-fee trading. Some exchanges, such as Binance, periodically run promotions where users can trade certain cryptocurrencies, including bitcoin, without paying any fees. Keep an eye out for these promotions and take advantage of them when they are available. Additionally, some exchanges offer fee discounts for using their native tokens to pay for trading fees. This can be another way to reduce or eliminate fees when buying bitcoin.
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• May 05, 2022 · 3 years ago
  BYDFi is a decentralized finance platform that allows users to buy bitcoin without fees. By leveraging smart contracts and liquidity pools, BYDFi is able to offer feeless trading for its users. This can be a great option for those looking to buy bitcoin without incurring any fees. However, it's important to do your own research and understand the risks associated with decentralized finance before using platforms like BYDFi.
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