Finance

How to Buy Bitcoin with No or Low Fee

Do you want to trade Bitcoin or any other crypto with low or no fees? Are you looking for a no-fee crypto exchange? Frankly, it is hard to find a platform that will not charge any fee. Even buying and selling directly on the blockchain incurs some costs. The good thing is that there are many exchanges with very low fees, as low as 0.1%. To know how to buy Bitcoin with no or low fee, you need to research a lot.

This article gives insights on how to go about this. Most of the platforms we will discuss have affordable fees and extend offers to their regular customers to the extent that they hardly pay fees for some services.

How to Buy Bitcoin with No or Low Fee: Choose Your Exchange Well

As mentioned, you can only buy Bitcoin at no fee or low fee on some platforms and under certain conditions. This requires you to choose your exchange platform very well. The insights below are on how buy Bitcoin with no or low fee on popular platforms.

·  Binance – This is a popular international platform with millions of users worldwide. And if you are wondering how to buy Bitcoin with no or low fee, then you should visit the website and check when and how you are likely to pay the lowest fees. Binance charges between 0.02% to 0.1% to trade, which is very low.

·  NakitCoins – Generally, NakitCoins charges fees for their services, and you are likely to pay anything from 1% to 8% to buy Bitcoin depending on how you pay for it. But you can make a cryptocurrency exchange without fees if you just need to exchange crypto between users.

·  Coinbase – Isn’t it great to do cryptocurrency exchange without fees? Coinbase, may not give you free services in all areas, but it still charges low fees on most services. If you have a Coinbase card, you will pay no fees to use it. 

How to Buy Bitcoin with No or Low Fee: Use Peer-to-Peer Platforms

P2P platforms connect you to Bitcoin sellers, so you can choose how to trade. Do you want to know how to buy Bitcoin with no or low fee on these platforms? Any of them are an excellent no-fee Bitcoin exchange when you choose to buy directly from an individual.

But you should know that the blockchain fee will apply even when you connect and trade directly on the Blockchain. Lastly, confirm any fee before using a P2P platform to ensure that it is as low as you would consider affordable.

How to Buy Bitcoin with No or Low Fee: Buy from a Bitcoin ATM

Bitcoin ATMs let you buy crypto without exchange. It is a physical machine with automated services for self-service operations. If you are looking for how to buy Bitcoin with no or low fee on an ATM, check for redeemable promo codes, bonuses, and other offers that will help you not to pay. Generally, some Bitcoin ATMs will charge a fee that is almost zero. But it is good to confirm on the website to know the amount they charge for their services.

Conclusion

Now you know how to buy Bitcoin with no or low fee, don’t you? As mentioned, you may not get free services all the time, but you can pay low fees if you know where and how to go about it. Therefore, you might need to do more research to learn more about this topic.

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