Thank you, guys. Next time I will buy (in a few weeks) I will check out Binance P2P and Electrum first.


It's usually 500 or 1000 € per buy. Probably less if I try P2P for the first time. Thank you for suggestion, I will keep that in mind as well.


EDIT:
But besides this: Those platforms must be real cash cows if they earn 2% or more for each transaction. Interesting business model .

0,75 % sounds good, thank you very much.
I actually also don't care about transaction times. Even if it takes a month. For now want to do long term investments.
The cheaper, the better .

Hey guys,
I'm new to the board and want to say hello in the first place .
A few to my background: I'm an IT guy and started with bitcoin and several other coins in ~2014. Unfortunately I sold everything about a year later because I lost the hope that Cryptos will become a big thing in the future for several reasons. Obviously I was wrong .


Now to my question:
I'm using a Ledger Nano and I have an account at Coinbase and Binance.
When I buy Bitcoin I want to store them on the Ledger. While the network fee is very low, the processing fees are about 4% of the whole transaction value, no matter wich way I go.

Buying at Coinbase (2% fee) -> Transferring to Ledger (another 2% fee) = 4%
Buying at Binance (2 to 3% fee) -> Transferring to Ledger (another 2% fee) = 4 to 5%
Buying within the Ledger App and paying via Moonpay (4% fee)
Buying within the Ledger App and paying Coinify (not possible; payment process gets stuck because a button is unresponsive).

Is there a way to feed my Ledger with Bitcoin paying less than 4% processing fees every time?

Thank you in advance!

(I used the search but I did not find a topic that fits my problem)