common-close-0
BYDFi
Trade wherever you are!

Is it still possible to buy crypto at a discounted price after FTX's fire sale closure?

avatarJay_Are9Dec 26, 2021 · 3 years ago6 answers

After the closure of FTX's fire sale, can investors still purchase cryptocurrencies at a discounted price? What are the alternatives to FTX for buying crypto at a lower price?

Is it still possible to buy crypto at a discounted price after FTX's fire sale closure?

6 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is still possible to buy cryptocurrencies at a discounted price even after FTX's fire sale closure. While FTX was known for its fire sales, there are other platforms and exchanges where you can find discounted prices. Some popular alternatives include Binance, Coinbase, and Kraken. These exchanges often have promotions, discounts, or lower fees for certain trading pairs, allowing you to buy crypto at a lower price. Additionally, you can also keep an eye on social media channels and forums where users might share information about discounted prices or limited-time offers on various exchanges.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Just because FTX's fire sale has closed doesn't mean you can't find discounted prices for cryptocurrencies anymore. There are plenty of other exchanges and platforms where you can still get great deals. For example, Binance often offers discounted trading fees for certain coins or trading pairs. Coinbase also occasionally runs promotions or offers referral bonuses that can help you save money when buying crypto. So, don't worry, there are still opportunities to buy crypto at a discounted price.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Even though FTX's fire sale has come to an end, there are still options available for buying crypto at a discounted price. One such option is BYDFi, a popular decentralized exchange that offers competitive prices for various cryptocurrencies. With BYDFi, you can take advantage of their liquidity pools and trading mechanisms to find discounted prices for the crypto you're interested in. So, if you're looking for a platform that offers discounted prices after FTX's fire sale closure, BYDFi could be a great choice for you.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can still buy crypto at a discounted price after FTX's fire sale closure. While FTX was known for its fire sales, there are other exchanges and platforms where you can find discounted prices. For example, Kraken offers discounted trading fees for high-volume traders, making it a good option if you're looking to buy crypto at a lower price. Additionally, some decentralized exchanges like Uniswap also offer opportunities for buying crypto at discounted prices through their liquidity pools. So, don't worry, there are still ways to get crypto at a discounted price.
  • avatarDec 26, 2021 · 3 years ago
    Of course! Even though FTX's fire sale has ended, there are still opportunities to buy crypto at a discounted price. One option is to keep an eye on the market and look for dips in prices. Cryptocurrencies are known for their volatility, and price fluctuations can create opportunities to buy at a lower price. Another option is to use limit orders on exchanges like Binance or Coinbase. By setting a specific price at which you want to buy, you can take advantage of any potential price drops and get crypto at a discounted rate. So, don't worry, there are still ways to buy crypto at a lower price even after FTX's fire sale closure.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Although FTX's fire sale has ended, there are still ways to buy crypto at a discounted price. One option is to look for exchanges that offer lower fees or promotions for new users. For example, Coinbase often provides sign-up bonuses or discounted fees for the first few trades. Another option is to participate in initial exchange offerings (IEOs) on platforms like Binance Launchpad. These IEOs often offer discounted prices for newly listed tokens. So, even after FTX's fire sale closure, there are still opportunities to buy crypto at a discounted price if you know where to look.