Bitcoin Forum

Can you guys give me an advice how I can save money in crypto? Like what wallet I should choose to pay less comission or what exchanger to pick? I've heard changelly has low fees, what else I can use?

https://techcrunch.com/2019/07/30/blockchain-the-company-launches-an-exchange-the-pit/

You can read the topic. Always pay more attention to the appropriate places for the exchange of encryption, And also focus on fees, To improve trade.

In my opinion, the safest way to save money is to buy a hardware wallet from here (https://www.ledger.com/) and there is very little chance of hacking and since there is a lot of hacking nowadays. It is the safest to use hardware and where there are many exchanges you can keep in your money but it is little bit risky because any time exchange get hack.

Plan and deciding what you are buying and how you'll be holding it. It's best not to make exchanges between coins frequently.
If you are dealing with someone, first fix everything before making a deal. For best price, buy with local delaers and in person or use p2p sites or this forum to make a deal.

These are ways you can safe money in crypto

1. Build your portfolio in bear markets,you will have many more coins at cheaper rate
2. Use wallets that has adjustable transaction fees like coinomi wallet
3. There are other available exchanges that are on par with changelly exchange for example shapeshift and switch

Since you're looking at saving money through crypto investment, I'm sure you're thinking about a long term investment. The safest way is using a offline wallet or hardware wallet such as ledger for security purposes.

The first rule, it is your own if you have the private key. That means always use its native wallet to prevent unnecessary problem and also to reduce the fees.
and which exchange you should choose? it is pretty simple, just choose an exchange that near your place, in case something happens with your account. You can get to their office directly.
and yes Changelly has low fees.

you can find more here : https://coinmarketcap.com/rankings/exchanges/

If you are concerned about exchange fee then you should trade preferably at decentralized exchanges only, there are also a few zero fee exchanges launching and are currently under development. One such working exchange is cobinhood but that is struggling at the moment due to internal issues. Recently coss exchange has also came up with great new features that favors traders regarding fee so you can check that as well.

If you are taking about saving your money in crypto then you should buy stablecoins but if you are talking about investment then bitcoin or ethereum is the best and if you are talking about trading then you can save your funds and trade using binance exchange and in terms of wallet hardware wallet are the safest.

For exchanger use Binance.
For bitcoin wallets, choose from https://bitcoin.org/en/choose-your-wallet
For multicoins wallet, there is coinomi, exodus, trust, Imtoken. I've used coinomi but the rest, I haven't.

i believe kucoin is one of the most easy to use, convenient and has the lowest fee out there, i like it also because of their active chat support whenever you need something they reply as soon as possible, i already experience chatting with their customer support twice and its been amazing how they resolve a problem.

if you want to save assets for the long term, a hardware wallet is the right choice, but I also often use coinomi and electrum wallets to store some alt. now there are many exchanges available and you can choose according to your criteria, such as binance which are a favorite of many people.

If crypto wallets, I recommend coinomi, I've been using it since I started at crypto as it supports multiple currencies and have small fees in my experience.

For exchanges, fees doesn't matter because they only have small differences. What's more important to me is the security, it doesn't feel comfortable trading and keeping some crypto in an unsecured exchange.

If you want to save your money in the form of coins in Crypto with a lower commission fee, then you may try coinomi. Because, besides the smaller commission the security is very strong. If I may suggest you may save in the form of bitcoin or a stable coin, because the risk of loss is very small.

I have never made settings on commission payments when using a wallet, because I prefer to use a system that is automatically set by the wallet so that the transactions I do can be more convenient, as well as exchanges, it is not wrong too if we want to save money, but I personally prefer the way it is, or what has been set by the wallet or exchange.

Try to use exchanges with big trading volume and low fees, among them are Binance, Huobi and Kucoin. Moreover, you can save money on fees, by holding their exchange tokens, they are providing a great discount when you hold their native tokens.

Here at PH most of crypto users use coins.ph crytpo wallet. Because it is like a obe stop shoo where can you do almost of all your daily transactions like paying bills,buying loads,money remittance and even investment you can perform on this site. When you use it you can save money because it has a lower charge rate and you can get some rebates.

I think you should think more about safety, not about saving money, my friend. Many people lose money trying to save money. Penny wise and pound foolish.

Yeah, you can choose a exchange which has a low commission fee. I can't recommend any since I am not a trader. But about the wallet. Wallets don't keep any commission. The fee you send is the miners fee. Most wallet allows you to set your own fee. But keep this in mind, if you send lower than recommended, it might take days to confirm your transaction.

I do not know much more about crypto exchanges. I have my trading experience with bittrex, coinall, coineal, bitforex, hitbtc. But among them, I have found bittrex very cool. In my view, its trading, withdrawal fees are low as compared with other exchanges. Coinall is also easy even for beginners. 

you're right. many people do not understand that cryptocurrency and bitcoin are primarily to save your money. if you keep your cryptocurrency in a cold wallet you will have the opportunity to be safe

The best way for you to save your money on crypto is to not go with the price flow. If the price of a bitcoin goes up, don't buy it too fast. You better buy bitcoin and save it for next year. Don't trade if you don't have trading skills.
For the wallet, I use a wallet from the blockchain. because I just keep it. I don't use it for trading. For exchangers, I use local exchangers.

I am not that familiar with that exchange but I do know that Binance has a very low fee for transactions, and if I am correct, I think they are the one still with the lowest fee in the history of all exchanges, except maybe we now have any new exchange that has lower fee, but I really doubt if any would be able to beat that fee now.

You can try and check Binance out of for exchange, but never use them to save your money. don’t even try to use all these online wallets, I will prefer you use desktop wallets where you can have access to your private keys to control your wallet at any time and they also have a low transaction fee, I mean Exodus wallet. You can also try NANO ledger and some other great hardware wallet that we have being sold online. These are more reliable.

I would advise you to be more considerate of the security measures in place on a platform as against the amount to be saved. This is because, it's majorly platforms that compromise on their security that tend to be much more cheaper in delivering service to users of the platform.

The only thing most people are concerned about is making more profit and spending less while doing that. Not considering that security is paramount and without that much losses will be incurred. I choose to use a secure exchange and wallet no matter what it will cost, I mean the charges for those.

I think I can secure my money on some good exchanges and also have profits in the future, so for me it's also a good way to save my assets. to get many benefits

I am little bit confused about what you are referring to like saving money for crypto, but in general my advise is that buy a hardware wallet and store all your coins in there, but the best for me, is that i use all wallets online and offline and i scatter all my holdings to those wallets, why? because it can lessen the possible risk, because my holdings is not stored in 1 wallet, after all chose the right exchanger which do not need KYC.

To save Crypto buy Bitcoin in coinbase.
That is the good idea for now to save your crypto.
So buy now before it to late