Any budding investor should consider a wide range of investment options, but many of these options are not as lucrative as they were some years ago. Traditional options such as fixed bank deposits no longer yield good returns, so people are exploring other investment options. Investing in Bitcoin is one of the shrewdest options available right now — especially considering how millions of investors have already benefited from Bitcoin trading.
You can use various options to purchase Bitcoin, although many investors prefer using crypto exchanges because they are safe and easy to use. However, these are not the only factors crypto investors look at when choosing an exchange, as the fees charged are also an important consideration. If you buy Bitcoin from a no-fee crypto exchange, it means your final return on investment will be high.
Is it possible to buy Bitcoin with low or no fees? Many investors often ask themselves this question and are constantly searching for a crypto exchange without fees. The fact is that buying Bitcoin with no or low fees is hard, but there are ways you can achieve it. Below are a few things you need to know about buying Bitcoin with no or low fees.
Can you buy Bitcoin with no or low fees?
As mentioned above, buying Bitcoin without being charged any fees is hard. Some of the options available where you can buy bitcoins without a cost are extremely risky. The commonly used platform, the crypto exchanges, charge transaction fees that can be as high as 7%. If you are conducting a significant volume of transactions, you will soon realize that you have incurred considerable fees that are probably equivalent to what you could have earned.
This is why the query ‘Where to buy Bitcoin with low fees?’ is one of the most searched queries for information online by crypto enthusiasts. Getting an exchange that allows you to buy Bitcoin without any fee is extremely hard and if you find one, there is a catch. However, you can buy bitcoins with a low fee at Nakitcoins and receive the coins to your wallet instantly.
How do you buy Bitcoin with no or low fees on crypto exchanges?
When choosing a crypto exchange trading platform, be careful as you can be duped into thinking you are choosing the best platform only to end up losing all your cash. Ensure that you select a reputable exchange and then check on the fee they charge for buying bitcoins (or any crypto). You can also check the number of digital currencies they support, as in the future, you might want to convert your bitcoins to another crypto.
NakitCoins is one of the best exchanges and one that fulfills all the above conditions. Here you can instantly purchase bitcoins at a small fee, receive the funds immediately to your wallet, and all these can be done while keeping your details private. Nakitcoins also allows you to instantly convert your bitcoins to cash or any other crypto at a low fee.
How do you buy Bitcoin with now or low fees in person?
The only other option on how you can buy Bitcoin with no or low fees is by doing it in person. If you are looking for a way to sell Bitcoin without fees, then this is also an option to consider. However, this option is very risky as you are scheduling a meeting person you have never met before while carrying cash. These people can turn out to be criminals who want to rob you.
If you are wondering how to buy Bitcoin without a fee in person, you can find a seller through popular peer-to-peer platforms, and from there, you can arrange a meeting. Ensure your meeting is in a public place and have a friend with you to mitigate the risk of being robbed.