Buying bitcoin is a worthy investment. Better yet, you can make even better investments if you buy bitcoin with low fees. Crypto coins are shaping the future of financial assets and there is no better time to buy a few coins than now.
If you’re looking for ways to invest in bitcoin, then you’re in the right place. Herein, we will discuss more on how to buy and sell bitcoin without a fee. The article will also cover the various methods of buying and selling bitcoin or any other altcoin.
Crypto Exchange Accounts
Crypto exchange accounts are websites or smartphone apps that allow users to buy and sell crypto coins. The art of selling and buying crypto coins is referred to as crypto exchange or crypto trading. There are plenty of crypto exchange platforms on the internet today.
When you’re looking for the best crypto exchange platform, you need to consider a couple of factors. Nowadays, some crypto trading apps allow a user to sell bitcoin without fee. Once you find a platform that best fits your needs, you need to sign up for a user account.
After signing up, you will need to update your mode of payment. Most crypto trading websites such as Nakitcoins allow users to buy crypto from their bank accounts using their debit or credit card. NakitCoins has a low fee, so we would also suggest you sign up with them if you’re looking for a crypto trading account.
Most crypto trading platforms also offer wallet services. This means that you can safely and securely store your crypto saving in your account at no extra cost. Overall, crypto exchange accounts are often a good option, especially if you’re new to selling and buying crypto.
P2P platforms don’t differ much from exchange accounts. However, they do have some advantages over exchange accounts. For one, P2P platforms don’t need you to verify your account. As such, your transactions always stay anonymous. Secondly, P2P transactions are much faster compared to those of exchange accounts.
However, P2P platforms are only great if you know your way around the crypto world. Here, you will interact with merchants selling bitcoin and other altcoins. Most crypto merchants will entice you with cryptocurrency exchange without fees.
As with exchange accounts, you still need to sign for an account to use the services of P2P accounts. You will also require a crypto-wallet as most of them do not offer crypto wallet services. Third-party crypto wallets are always an excellent go-to choice as they provide you 100% control over your crypto savings.
Nowadays, you will come across bitcoin ATMs in major towns and cities across the world. Bitcoin ATMs allow users to buy bitcoin in Montreal using fiat currency such as USD or Euros. The bitcoin is then deposited into your crypto wallet account.
Bitcoin ATMs will soon become a common sight in most towns. These days even online shops are opting to take payment in the form of crypto as the transactions are faster and cheaper.