Hey, guys. What exchange do you use in order to trade or hodl coins? I have tested many options but unfortunately timing is so long on all platforms, I wonder why it takes so much time to transfer USD to Litecoin for example regarding all these technological progress which blockchain brought.
Mate, there are not so many decent options by the way. Numerous of these options are really trusty and safe. Using big exchanges like binance is not safe.
Topic: is buying crypto with fiat a good idea? - page 2. (Read 553 times)
Ultimately, fiat offers a much more flexible option for payments and expenditure. I believe buying for crypto with fiat does not only ensure access to everyone, but ensures no one is ever left behind. Also, with fiat, there is a much more uniformity is payment value.
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
If you buy btc with fiat, fees are mostly higher than compared to other coins like litecoin, doge, dash or some other popular coins. Lately i bought one of those coins with lower fees and changed it into btc on the exchange.
this is what i have noticed lately
You have to put your money into cryptocurrencies at first, no matter what you buy, there are the highest fees related to bank transfer or credit card deposits.
After you have some cryptocurrencies, then you can swap cryptocurrencies with very cheap fees.
After you have some cryptocurrencies, then you can swap cryptocurrencies with very cheap fees.
I don't know the country you staying, you can try escrow with much lower fee, that's what we use here
Hey, guys. What exchange do you use in order to trade or hodl coins? I have tested many options but unfortunately timing is so long on all platforms, I wonder why it takes so much time to transfer USD to Litecoin for example regarding all these technological progress which blockchain brought.
Mate, there are not so many decent options by the way. Numerous of these options are really trusty and safe. Using big exchanges like binance is not safe.
Hey, guys. What exchange do you use in order to trade or hodl coins? I have tested many options but unfortunately timing is so long on all platforms, I wonder why it takes so much time to transfer USD to Litecoin for example regarding all these technological progress which blockchain brought.
You use whatever makes the commission and conversion charges less for example sometime I used to convert to XRP and then withdraw it from exchange and transfer to another exchange when Bitcoin transactions costs were so high.
it is not just about the fees, it is mostly about the amount of fiat that you are going to lose when invest it in an altcoin. so far all the altcoins have dropped at least 70% against USD and that goes up to 100% drop (meaning dead coins).
so you have to decide whether you want to lose that much money or not before making such an investment.
for day traders, they always want the fast speed with cheapest fees so they always trade altcoins against bitcoin and also it has the benefit of helping them increase their total bitcoin and benefit from the only crypto that goes up in the long run!
so you have to decide whether you want to lose that much money or not before making such an investment.
for day traders, they always want the fast speed with cheapest fees so they always trade altcoins against bitcoin and also it has the benefit of helping them increase their total bitcoin and benefit from the only crypto that goes up in the long run!
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
Yes, i think this is a good idea. This is a good time to buy and hold crypto. i can suggest to you some coin like BTC,ETH and BCH.Hope it will make you rich. Have a good day guys!!
You can buy coins with fiat money. But you should invest only the amount you can afford. You should not borrow money and invest in crypto as it is volatile. I think getting free tokens through bounty and airdrops is the best idea. For that, you should pick good projects and do bounty campaigns.
I think it defend in what way will you use it. If you it as business I think you not need to regret and compassion because there will be a sure return of investment but when you only use it as a payment to your thing I think you need to think twice because because of too much charge and transaction fees. Make your every transaction meaningful and worth it.
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
That's quite a huge difference. Hence, it not a good idea to buy crypto with fiat. Why not check exchange?
That is a huge difference. The rate of 7% is even higher than that of decentralized transactions from fiat -> coin.
But at the moment there are a lot of exchanges that keep that ratio. It is considered normal, so you should avoid trading fiat money -> coins regularly to avoid losing a lot of money.
But at the moment there are a lot of exchanges that keep that ratio. It is considered normal, so you should avoid trading fiat money -> coins regularly to avoid losing a lot of money.
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
Why not, if you want to buy some cryptocurrency and you don’t have any cryptocurrency to do this, then of course you have to use fiat for these purposes, so feel free to find a good cryptocurrency exchange or online exchanges where you can easily exchange your fiat for the cryptocurrency that interests you, but I would not advise doing this through online exchanges, so the percentage will certainly be taken unpleasant, so do it better through exchanges.
over time, a business may always have crypto that can be made as a feasible idea for investment right to those who want to buy it from crypto to crypto, so that requires vinegar time on the maximum results out to the new cast.
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
Well i think if you want buy cryptocurrencies using fiat money you must buy on the market which gives small amount of fees, i think buy cryptocurrencies using fiat money is good ideas because cryptocurrencies especially bitcoin will protect your money from the inflation as we know that bitcoin is deplation bitcoin has limit of numbers around the world than fiat money on every countries, even we don't know the reasons why the government print fiat money. Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?
While there are a lot of crypto prices that are going down now, I think buying good altcoin with fiat is a good decision. At some exchangers, now we can buy crypto with a credit card or debit card and that gives us convenience. Regarding the transaction fee which reached 0.25%, I think the rate is still reasonable
Now that crypto coins are experiencing a price decline, it is indeed a good moment to make a purchase, but we also have to use a strong analysis of this, so we have a good idea to make a purchase, especially if you want to buy it using fiat.
Strong analysis and study well before making decisions is the key to avoid loses, yes at this moment we're experiencing a price decline a little due to the effect of bitcoin price is also drops slightly and now is the great time to buy coin but again analysis and study well the coins op want to buy for their investment and also pick the best exchange have low fees specially depends in the location where op resides.
You have to take the profitable ones, right? It seems it is better to buy through crypto than fiat. Though I don't use Changelly, so I suggest you take Binance services. Binance has many options nowadays to buy crypto with the fiat pairs. If changelly suits you more then you may buy from there.
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