What are some ways to avoid seller fees when trading cryptocurrencies?

3 answers

• tahir zadaSep 02, 2020 · 5 years ago
  Certainly! One way to avoid seller fees when trading cryptocurrencies is to use decentralized exchanges (DEXs) instead of centralized exchanges. DEXs allow you to trade directly with other users without the need for intermediaries, which often charge fees. Another strategy is to look for exchanges that offer fee discounts or promotions for certain trading activities, such as high trading volumes or using their native tokens. Additionally, you can explore peer-to-peer trading platforms where you can negotiate directly with buyers or sellers and potentially avoid fees altogether. Remember to always do your research and compare the fee structures of different exchanges to find the best option for your trading needs.
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• nanyamaxMar 20, 2022 · 3 years ago
  Avoiding seller fees in cryptocurrency trading can be a game-changer for your profits. One effective approach is to take advantage of maker fees. Maker fees are typically lower than taker fees and are charged when you add liquidity to the order book by placing limit orders. By strategically placing limit orders, you can become a market maker and potentially reduce or eliminate seller fees. Another tactic is to utilize trading platforms that offer fee rebates for market makers or offer zero-fee trading for certain cryptocurrencies. Keep in mind that while these strategies can help minimize fees, it's important to consider other factors such as liquidity, security, and user experience when choosing a trading platform.
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• MaykMay 18, 2021 · 4 years ago
  When it comes to avoiding seller fees in cryptocurrency trading, BYDFi has got you covered! BYDFi is a decentralized trading platform that allows users to trade cryptocurrencies without any fees. With BYDFi, you can enjoy feeless trading and keep more of your profits. BYDFi achieves this by utilizing innovative technology and a community-driven approach. So, if you're tired of paying hefty fees on other exchanges, give BYDFi a try and experience feeless trading like never before!
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