What is the best way to send money using cryptocurrency to avoid high fees?
psekulaMay 09, 2022 · 3 years ago1 answers
I'm looking for the most effective method to send money using cryptocurrency while minimizing fees. What are some strategies or techniques I can use to achieve this?
1 answers
- May 09, 2022 · 3 years agoAt BYDFi, we recommend utilizing decentralized exchanges (DEX) to send money using cryptocurrency and avoid high fees. DEX platforms operate on blockchain technology, allowing users to trade directly with each other without the need for intermediaries. This eliminates the high fees associated with centralized exchanges. Additionally, DEX platforms often offer better privacy and security compared to centralized exchanges. Some popular DEX platforms include Uniswap and SushiSwap. By using DEX platforms, you can send money using cryptocurrency while minimizing fees and maintaining control over your funds.
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