Try to ask someone from the forum if he can do the deal for you and you'll just pay him/her in any payment method that you can that you're going to agree with.
It seems that we've got the same suggestions about finding someone through the forum on Currency Exchange that will agree to deal with you.
If the person you'll deal with is unknown and not reputable, use escrow. I guess that there's no escape in fees but it's lesser than the traditional.
Topic: What is cheapest way to buy Bitcoin? - page 2. (Read 285 times)
P2P on CEX sucks. You want to try and get contacts of dealers direct, build trust, then p2p direct (literally).
Build up first with CEX traders or find out local forums, usually they do online money exchange in Asia but also have BTC.
Where are you from? This can help.
Build up first with CEX traders or find out local forums, usually they do online money exchange in Asia but also have BTC.
Where are you from? This can help.
Well, as it was said, p2p is the cheapest option and you wouldn't find any cheaper option rather than binance as it have the largest trade volume.
However, the withdrawal fees for BTC are pretty high and I've got a small lifehack for that: there is a platform called Nexo.io that grants at least 1 free withdrawal monthly (or more when they have promotion). Therefore, you can an altcoin on the cheapest network, exchange it to BTC and withdraw on the main net for free. I'm usually doing this when I need to withdraw small amount of ETH for transaction fees.
P.S. Nexo got a referral program that gives you 25$ in BTC if you hold 100$ there for a month. DM me for a link if anyone interested.
However, the withdrawal fees for BTC are pretty high and I've got a small lifehack for that: there is a platform called Nexo.io that grants at least 1 free withdrawal monthly (or more when they have promotion). Therefore, you can an altcoin on the cheapest network, exchange it to BTC and withdraw on the main net for free. I'm usually doing this when I need to withdraw small amount of ETH for transaction fees.
P.S. Nexo got a referral program that gives you 25$ in BTC if you hold 100$ there for a month. DM me for a link if anyone interested.
Firstly, it depends on the Country you are from. Different locations have different payment methods and banks that charge different forms of fees. Some expensive while others are cheap.
But a centralized c2c service (Read Binance p2p) usually offers the best rates due to very many offers available, but this is at the cost of your privacy.
In my locations, I usually see very good offers, sometimes even above the market value (for sales) and below the market (value for buys)
But a centralized c2c service (Read Binance p2p) usually offers the best rates due to very many offers available, but this is at the cost of your privacy.
In my locations, I usually see very good offers, sometimes even above the market value (for sales) and below the market (value for buys)
Thank you for your advice, i will try it the next time
Well when i said P2P it was the Binance P2P, i have more than 30 transacction in that p2p network and it works well, i hope to keep that Good luck.
Is there other sugestion for this?
If you can buy via peer to peer its the best for you but ensure you are very careful so you don't scammed.
Well when i said P2P it was the Binance P2P, i have more than 30 transacction in that p2p network and it works well, i hope to keep that Good luck.
Is there other sugestion for this?
Bitget exchange also offers p2p. You should check that too.
The cheapest way depends on your country and the payment options available to you. For example, if you are from country
Therefore, unless you mention the name of your country and the payment options available to you that you can make, you will find random suggestions.
Bisq and Binace P2P are where you find these people, and if you are lucky, you may find a user here, and then the fees will be zero.
Therefore, unless you mention the name of your country and the payment options available to you that you can make, you will find random suggestions.
Bisq and Binace P2P are where you find these people, and if you are lucky, you may find a user here, and then the fees will be zero.
Binance Platform gives you the best rate in terms of P2P price orders since it’s the most used exchange. You can try to compare the prices on Bybit and Okex because the price difference is due to the P2P traders preferred price.
Op has been trading there and seems dissatisfied with the fees. I don't have any ideas for other exchange methods other than the Currency Exchange section which allows customizable requests.Question for OP, are you ready for KYC? Some centralized exchanges actually offer very low withdrawal fees and LN methods.
Can anyone share their experience or suggest a platform or method that offers lower fees when buying and transferring Bitcoin? I'd really appreciate your help! Thanks!
Binance Platform gives you the best rate in terms of P2P price orders since it’s the most used exchange. You can try to compare the prices on Bybit and Okex because the price difference is due to the P2P traders preferred price.
Use the forum currency exchange if you want a real fair value. It’s either find someone who will accept direct bank payment or use paypal to exchange it with Bitcoin at Preev.com rate. P2P rates and fee’s usually doesn’t consume above 7% unless the order price being set by P2P user on your currency is very high on the average price of Bitcoin.
Thank you for your advice, i will try it the next time
Well when i said P2P it was the Binance P2P, i have more than 30 transacction in that p2p network and it works well, i hope to keep that Good luck.
Is there other sugestion for this?
If you can buy via peer to peer its the best for you but ensure you are very careful so you don't scammed.
Well when i said P2P it was the Binance P2P, i have more than 30 transacction in that p2p network and it works well, i hope to keep that Good luck.
Is there other sugestion for this?
You can actualy buy an alternative coin using your card on a CEX and then you change the coin to btc and then you send to your non-custodial wallet so they only get to charge you btc at withdrawal levels alone.
For example, I alwasy covert my coins to trx since withdrawal fee is 1 trx which is about $0.07, so I get to pay the normal exchange fee for the exchange process and then withdraw with a fee of $0.07 and then I get to change it to what I want but this is from CEX to CEX exchange.
If you can buy via peer to peer its the best for you but ensure you are very careful so you don't scammed.
For example, I alwasy covert my coins to trx since withdrawal fee is 1 trx which is about $0.07, so I get to pay the normal exchange fee for the exchange process and then withdraw with a fee of $0.07 and then I get to change it to what I want but this is from CEX to CEX exchange.
If you can buy via peer to peer its the best for you but ensure you are very careful so you don't scammed.
Hey everyone.
I need some advice on buying Bitcoin without losing a chunk of its value. So, here's the deal: I bought some Bitcoin on CEX, but every time I move it to my non-custodial wallet, I end up losing around 7 to 10% of its value this include bank fees, exchange fees and network fees. That's a lot, and I want to find a better way to buy Bitcoin where I don't lose so much during transfers.
Can anyone share their experience or suggest a platform or method that offers lower fees when buying and transferring Bitcoin? I'd really appreciate your help! Thanks!
I need some advice on buying Bitcoin without losing a chunk of its value. So, here's the deal: I bought some Bitcoin on CEX, but every time I move it to my non-custodial wallet, I end up losing around 7 to 10% of its value this include bank fees, exchange fees and network fees. That's a lot, and I want to find a better way to buy Bitcoin where I don't lose so much during transfers.
Can anyone share their experience or suggest a platform or method that offers lower fees when buying and transferring Bitcoin? I'd really appreciate your help! Thanks!
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