Is it possible to purchase bitcoin without incurring any fees?

3 answers

• Mar 18, 2022 · 3 years ago
  Yes, it is possible to purchase bitcoin without incurring any fees. One way to do this is by using peer-to-peer exchanges such as LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade, including the price and any fees involved. Another option is to find someone you know who is willing to sell you bitcoin without charging any fees. However, it's important to be cautious when using peer-to-peer exchanges and only transact with reputable sellers. Additionally, keep in mind that there may still be fees involved in other aspects of the transaction, such as transferring the bitcoin to your wallet or converting it to another currency.
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• Mar 18, 2022 · 3 years ago
  Absolutely! There are several ways to purchase bitcoin without incurring any fees. One option is to use a cryptocurrency exchange that offers zero-fee trading. Some exchanges, like Binance, offer fee-free trading for certain trading pairs or if you hold a certain amount of their native token. Another option is to take advantage of promotions or referral programs offered by exchanges, which can provide you with fee-free trades. Additionally, you can try using decentralized exchanges (DEXs) that operate on blockchain networks and don't charge any fees for trading. However, keep in mind that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges.
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• Mar 18, 2022 · 3 years ago
  Yes, it is possible to purchase bitcoin without incurring any fees. One option is to use BYDFi, a decentralized exchange that allows users to trade cryptocurrencies without paying any fees. BYDFi operates on the Ethereum blockchain and offers a wide range of trading pairs. Users can connect their wallets and trade directly from their wallets, without the need to deposit funds on the exchange. However, it's important to note that BYDFi is a relatively new platform, so it's always a good idea to do your own research and exercise caution when using any exchange, even if it claims to be fee-free.
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