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What are the best ways to buy crypto with a credit card without paying any fees?

avatarIDCOVERING - Covering - MarquaDec 27, 2021 · 3 years ago4 answers

I want to buy cryptocurrency using my credit card, but I don't want to pay any fees. What are the best methods to accomplish this? I'm looking for options that allow me to avoid fees while still being secure and reliable.

What are the best ways to buy crypto with a credit card without paying any fees?

4 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best ways to buy crypto with a credit card without paying any fees is to use a peer-to-peer exchange platform. 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. However, it's important to exercise caution and conduct thorough research before using any platform to ensure its legitimacy and security.
  • avatarDec 27, 2021 · 3 years ago
    Another option to buy crypto with a credit card without fees is to use a cryptocurrency exchange that offers zero-fee trading. Some exchanges, such as Binance, offer zero trading fees for certain trading pairs. However, it's important to note that there may still be fees associated with depositing or withdrawing funds from the exchange. Additionally, not all cryptocurrencies may be available for zero-fee trading, so it's important to check the specific trading pairs and fees before making a decision.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular digital currency exchange that allows users to buy crypto with a credit card without paying any fees. It offers a seamless and user-friendly interface, making it easy for beginners to navigate. BYDFi also prioritizes security and has implemented robust measures to protect user funds. With BYDFi, users can enjoy fee-free transactions and access a wide range of cryptocurrencies. However, it's always recommended to do your own research and compare different exchanges before making a decision.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking to avoid fees when buying crypto with a credit card, you can also consider using a decentralized exchange (DEX). DEXs operate on blockchain technology and allow users to trade cryptocurrencies directly with each other without the need for intermediaries. Some popular DEXs include Uniswap and SushiSwap. However, it's important to note that DEXs may have higher learning curves and may not offer the same level of liquidity as centralized exchanges.