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Author Topic: Where to buy Bitcoin with cheapest fee?  (Read 617 times)
AntoineCjp (OP)
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April 17, 2019, 06:26:45 AM
Last edit: April 17, 2019, 06:43:09 AM by AntoineCjp
 #1

Where should I buy my bitcoin with cheapest fee possible?  Huh

Thank you.

Prefer to trade on purchase on a platform.
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April 17, 2019, 06:33:23 AM
 #2

To avoid fee fees. My advice is you can make a purchase in the form of a voucher. Many sell bitcoin vouchers. And the fee is not too expensive. Please try it.
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April 17, 2019, 06:37:21 AM
 #3

Peer to peer trading is probably the cheapest as you'll be avoiding third-party fees (the exchange). How cheap can it be will depend on the payment method you're going to use.

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AntoineCjp (OP)
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April 17, 2019, 06:42:36 AM
 #4

What about cheapest fee platform to use?
alisafidel58
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April 17, 2019, 07:04:12 AM
 #5

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.
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April 17, 2019, 07:08:19 AM
 #6

It depends on your location and a platform that you're going to use. You can also use coinbase pro where you can withdraw digital assets for free. There are also helpful techniques on the internet that you could use. Just be eager to do some research and try to look for a cheaper payment method.

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April 17, 2019, 07:20:07 AM
 #7

Cheapest fee? If you are going to buy bitcoin at some remittance center or convenience store you will high charges because they are only also an agent. I think you can buy cheapest fee in bitcoiner who have or owns a bitcoin because you will only pay the service charge to transfer the bitcoin in to your wallet. And you can also negotiate for the price unlike in the agents who will give you a fix price.

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April 17, 2019, 07:23:41 AM
 #8

At nearby bitcoin sellers. That would be the cheapest in my opinion.

Can we buy cheapest via online??
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April 17, 2019, 07:35:33 AM
 #9

I usually use LocalBitcoins to purchase BTC for the lowest price possible and never faced any problems whatsoever in this case. I usually sellers with 100% rating and choose the best rate and complete the deal through various payment methods(IMPS etc) instantly.

Do your research before choosing the seller though op.

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April 17, 2019, 08:03:55 AM
 #10

I would suggest you buying by indodax because they offering us when we buy/sell and we as a customer making a marker for the coins indodax will not include the fee trading for the marker ( We got 0% fee for marker order ).

"The benefit you get when you become a market maker is that you don’t have pay for the transaction fee (0% fee) for your buy/sell order, and you can determine your own sell or buy price. but, the downside is, you must wait until the bitcoin price moe towards your determined price."

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April 17, 2019, 08:10:12 AM
 #11

I've tried an Indian exchange for the first time and its name is instashift, they usually charge you 0.5 - 1% in fee and are almost instant as the orders are met and they work as escrow handling everything for you and making it easy for you to get/sell your coins. If you want a better one, try efin's DEX as there won't be any fee for you to purchase and sell your crypto there. For credit card purchases, Coinbase is currently my first preference.
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April 17, 2019, 08:23:30 AM
 #12

Peer to peer trading is probably the cheapest as you'll be avoiding third-party fees (the exchange). How cheap can it be will depend on the payment method you're going to use.
This is the best option for you if you are looking to avoid fee then you have to do a peer to peer buying, because the sender will bear the burdens of sending fees, if not on the exchange the miner decide the fee you pay because the exchange will definitely take the fee from you purchased amount before sending your balance to you.
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April 17, 2019, 08:24:17 AM
 #13

Where should I buy my bitcoin with cheapest fee possible?  Huh

Thank you.

Prefer to trade on purchase on a platform.
Looks like you're from China, had you tried Houbi? It's 3rd largest biggest exchange in China yet they offer 1.5% fee via OkPay and 1% if you do international wire transfer. You can try this if kyc is not a big deal for you since they require identity verification.

On the other hand, there's also Bitfinex with insanely 0.1% fee via wire transfer. However, I won't recommend this as it was recently hacked and the funds are still not fully compensate to its user. Try this at your own risk.

I use this provider to trade Cryptos : Bitcoin Revolution
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April 17, 2019, 08:30:48 AM
 #14

If you want to exchange from any exchange site it depends over which exchange site you use for exchange your cryptocurrency, peer to peer is best I think for decreasing transactions fee! so you can try for peer to peer exchange with local bitcoin holders.
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April 17, 2019, 08:47:40 AM
 #15

As the members mentioned above, it depends on your country but if you get some positive trust in this forum it is easy to do transactions with zero fees.

So the cheapest way is P2P transactions with a trusted member on this forum using a native segwit address "Bech32."
As for platforms, the rule says: the more docs (KYC & AML) are submitted the lower fees.
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April 17, 2019, 08:55:58 AM
 #16

Where should I buy my bitcoin with cheapest fee possible?  Huh

Thank you.

Prefer to trade on purchase on a platform.
Don't think about it where to bu bitcoin with the least amount of fee, think about it where to buy bitcoin with the most secure way, people really try so hard saving up a dollar or too and they end up being scammed because of it so they go on these shady websites and the get scammed and than they start complaining about it, my advice for you don't risk your money and go around looking for a way to buy with less fee, just go and buy from coinbase or any other trusted websites, they difference in the fees is not that high to be taken in consideration.
AntoineCjp (OP)
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April 17, 2019, 08:59:39 AM
 #17

Where should I buy my bitcoin with cheapest fee possible?  Huh

Thank you.

Prefer to trade on purchase on a platform.
Don't think about it where to bu bitcoin with the least amount of fee, think about it where to buy bitcoin with the most secure way, people really try so hard saving up a dollar or too and they end up being scammed because of it so they go on these shady websites and the get scammed and than they start complaining about it, my advice for you don't risk your money and go around looking for a way to buy with less fee, just go and buy from coinbase or any other trusted websites, they difference in the fees is not that high to be taken in consideration.


Thank you that is very true I want to buy BTC with USD in japan, but no option.
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April 17, 2019, 08:59:48 AM
 #18

Quote
Where should I buy my bitcoin with cheapest fee possible?
all exchange can big fee to taker and maker, so you have to put your order without past sell be taker.  or you mean fee for withdraw into own wallet?, like binance have big fee to WD, depends what exchange?, very popular exchange can be have big fee for that.

Quote
Prefer to trade on purchase on a platform.
when you use third party platform like selly, shoppy, or anything flatform, can take fee from you

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April 17, 2019, 09:08:44 AM
 #19

On exchanges and platforms where you can buy Bitcoin with credit card you will pay certain fee but at least you can have certain security and confidence.
You can also choose some seller on localbitcoins and that might be cheaper and more convenient for you but also with bigger risk. So it's up to you to decide. I would always choose confidence.

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April 17, 2019, 09:13:35 AM
 #20

The best way to eliminate additional fee is possible finding a trader who wish to sell bitcoin directly in exchange of fiat. This is possible through our forum's exchange services section. You could find the trader and make the direct trade, and for trust it is a must to have an escrow. If there is no escrow then it's purely the high risk involved trade in my view.

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