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What are the best strategies for trading cryptocurrency without fees?

avatarSchmidt AkhtarDec 30, 2021 · 3 years ago3 answers

Can you provide some effective strategies for trading cryptocurrency without incurring any fees?

What are the best strategies for trading cryptocurrency without fees?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One of the best strategies for trading cryptocurrency without fees is to use a decentralized exchange (DEX). DEXs allow you to trade directly with other users on the platform, eliminating the need for intermediaries and associated fees. Some popular DEXs include Uniswap and PancakeSwap. Just make sure to do your own research and be cautious of potential risks.
  • avatarDec 30, 2021 · 3 years ago
    Another strategy is to take advantage of fee-free promotions offered by certain exchanges. Some exchanges periodically offer fee-free trading for a limited time or for specific cryptocurrencies. Keep an eye out for these promotions and take advantage of them to save on trading fees.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a unique feature that allows users to trade without incurring any fees. With BYDFi, you can enjoy fee-free trading on a wide range of cryptocurrencies. Simply sign up for an account and start trading without worrying about fees. It's a great option for those looking to minimize trading costs.