How can I buy bitcoin without being charged any fees?
Mangesh AzadSep 22, 2020 · 5 years ago4 answers
I want to buy bitcoin, but I don't want to pay any fees. How can I do that?
4 answers
- Ulises HerediaFeb 24, 2022 · 4 years agoOne way to buy bitcoin without being charged any fees is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and their associated fees. Some popular peer-to-peer platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and do thorough research before engaging in peer-to-peer trading to ensure the safety of your transactions.
- EtoApr 25, 2023 · 2 years agoAnother option to buy bitcoin without fees is to look for cryptocurrency exchanges that offer zero-fee trading. Some exchanges, like Binance, occasionally run promotions where they waive trading fees for a limited time. Keep an eye out for such promotions and take advantage of them when available. However, be aware that these promotions may have certain restrictions or conditions, so make sure to read the terms and conditions before participating.
- Burch MadsenJul 25, 2021 · 4 years agoBYDFi, a popular cryptocurrency exchange, offers a unique feature that allows users to buy bitcoin without being charged any fees. Through their referral program, users can invite friends to join BYDFi and earn rewards. When your referred friends make trades on BYDFi, you will receive a portion of their trading fees as a reward. This can effectively offset the fees you would have paid otherwise. It's a win-win situation for both you and your friends!
- Gurnoor SinghOct 07, 2020 · 5 years agoIf you're looking to buy bitcoin without fees, you can also consider mining bitcoin. Mining involves using specialized hardware to solve complex mathematical problems, and in return, you earn bitcoin as a reward. While mining does require an upfront investment in equipment and electricity costs, it can be a profitable way to acquire bitcoin without paying any fees. However, keep in mind that mining can be resource-intensive and may not be suitable for everyone.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 3723791Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01334How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0960How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0943Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0723Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0713
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More