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Author Topic: Where to buy Bitcoin with cheapest fee?  (Read 617 times)
xWolfx
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April 20, 2019, 01:12:54 AM
 #61

If you are running from fees you can always look for someone who sells bitcoin in person.There are alot of them in some facebook marketplace or if you personally know someone who have bitcoin you can ask them if they are willing to sell for  you.

Yeah if you know someone, that is the lowest possible one.

If not, you will most likely become victim of a scam if you don't use a scrow. localbitcoins is pretty good, not too much hassle and from my point of view, the fees are pretty low.
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April 20, 2019, 01:20:53 AM
 #62

I will be more concerned with security and genuineness when purchasing my bitcoin rather than cheapness
There are various ways to get your bitcoin with different prices
*exchanges some exchanges fee are lower than some so you can research on it
*off exchange that is purchasing it form some one but you would need an escrow here
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April 20, 2019, 01:48:22 AM
 #63

If you are running from fees you can always look for someone who sells bitcoin in person.There are alot of them in some facebook marketplace or if you personally know someone who have bitcoin you can ask them if they are willing to sell for  you.

This is not a problem in out country.

You see, we are using one of the most popular exchange wallet in our country. You can transact BTC for free to anyone as long as they are using the same wallet. So if you are in our country, better use coins.ph since you will be able to send BTC freely, you will be able also to convert your BTC to fiat but that is where the fees are coming. You can even pay some of your bills through it.
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April 20, 2019, 01:54:01 AM
 #64

If you are running from fees you can always look for someone who sells bitcoin in person.There are alot of them in some facebook marketplace or if you personally know someone who have bitcoin you can ask them if they are willing to sell for  you.
Besides Facebook, I think localbitcoin could the best places for him to buy bitcoin. I always suggest this for new people who want to buy bitcoin, or I suggest him to buy a local exchange which available in his country.
The other best way to buy bitcoin is from his friends as you say because we don't have to worry if they will scam us.
You don't have to think about the fees because it's not too big and it's a small fee.

tungaqhd
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April 20, 2019, 03:20:37 AM
 #65

Buying directly from the sellers will help you reduce 3-rd fee but you might get scammed. I often buy Bitcoin on Localbitcoin and Remitano, tradings are very fast and trusted.
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April 20, 2019, 06:54:39 AM
 #66

Try buying at CoinSwitch their fee is too less and also you can buy 100+ crypto currencies through credit card.

They have mentioned the below lines on there FAQ page: https://coinswitch.co/#What-is-CoinSwitch-transaction-fees
CoinSwitch charges a fee of 0% to 0.49% depending on the exchange you select for your transaction. The conversion rate you see is inclusive of the fees.

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April 20, 2019, 07:14:34 AM
 #67

You can buy Bitcoin for people who provide Bitcoin trading services. I think there are some people in each country that open the service. Of course this can prevent you from the high fees on the exchange site.
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April 20, 2019, 07:23:25 AM
 #68

buy bitcoin on indodax, there is no fee for make order (0% fee), when you withdraw bitcoin from indodax it take 0.0005 BTC fee
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April 20, 2019, 08:36:10 AM
 #69

i usually buy bitcoin from localbitcoins i feel safe and cheap in terms of price and service i am using localbitcoins from last 5 year happy with their service
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April 20, 2019, 09:48:07 AM
 #70

It often happens that people trying to save pennies lose all their money. It may not be worth saving on commission and unsafe means of exchange and using more proven sources? Now cryptocurrencies for Fiat money can already be bought using VISA cards. The only thing that you can advise you if you really decided to save on the purchase is to search for people on the forum with a reputation who live in your country. Perhaps you can negotiate a direct exchange for fiat with them. I used to sell cryptocurrency in my country a couple of times.

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April 20, 2019, 11:27:11 AM
 #71

P2P is the best way to buy Bitcoin if you are looking for less fee or no fee. But you have to compromise on the Buying price as it tends to be on the higher side. The easiest way is to Buy it from an Exchange but you have to pay a fee. I am not sure which exchange charges less. You can do a search on Google and you should find an answer.

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April 20, 2019, 11:32:26 AM
 #72

buy from a friend, or go to a bitcoin enthusiast meet up, or probably any tech meet up and you can probably find someone that will do a face to face transaction
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April 20, 2019, 11:47:08 AM
 #73

Well, P2P buying is the most suitable as in this method of buying you have to pay very low fees or even no fees. As in this crypto is directly bought from the seller, so there's a great chance of getting being scammed. So, a lot of trust issues arises in peer to peer buying without a trustful seller...

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April 21, 2019, 05:37:06 AM
 #74

What about cheapest fee platform to use?

It will depend on the payment method on various platform, you can try to buy your bitcoin at Binance it's 3.5% per transaction I think it has the lowest fee for buying bitcoin in a platform. It's better to buy bitcoin here than the most online platform.



Great recommendations mate, aside from binanace in my own experience Poloniex is one of the trusted platform you can buy bitcoin with lower transactin fee than to others.
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April 21, 2019, 05:44:10 AM
 #75

That depends on which payment method you are using to buy BTC. If you use exchanges almost every exchange have fees. I think the best way to buy bitcoin without giving any fees to third-party exchanges is To Buy bitcoin on local bitcoin. Otherwise, You have to pay from 1% to 5% in fees. But be careful when dealing with local bitcoin users as there are so many scammers already in the platform. Create your own Ad on LBC platform and buy below market price or Market price.

Another way to buy bitcoin Use PayPal. There are some people in the currency exchange section of this forum Selling bitcoin 1:1 Rate. But start from the low account until you prove that you're not scamming.

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April 21, 2019, 06:01:46 AM
 #76

My favorite choice is to buy right here on bitcointalk, there are many reputable sellers and buyers, just make sure to check their previous feedback.  This is your best option to get around paying high fees at places like local bitcoins.  Side tip: Always cost average in your buys to hedge your risk
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April 25, 2019, 10:54:49 PM
 #77

The cheapest way i have experienced is peer to peer method where you have the opportunity to negiotiate well enough. But then you have to be careful with this method.

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April 26, 2019, 02:28:15 AM
 #78

If you asked me how I buy bitcoin, I used our local wallet. I find it almost the same and hassle free, I know the fees can sometimes hurt but it's worth the try. If only there are Bitcoin ATM available in our place then it would be easier for us. For other crypto currencies then I use a exchange platform as most of them are not available on our local wallet providers.
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April 26, 2019, 03:29:26 AM
 #79

it all depends on your location mate. try buying from another person it will remove the third party transaction fees. be sure to buy from trusted person so you will not be scammed.
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April 26, 2019, 04:08:29 AM
 #80

You can buy BTC at Vietnamese exchanges, where the cost is very cheap
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