Tuesday 30 June 2020

Avoiding middlemen as you buy cryptocurrency


Though the world of cryptocurrencies is fairly new in the market, more people around the globe are embracing the new concept. This is because the currency is widely accepted and you can use it in certain places to buy goods and services. The industry has also seen the entry of many middle men who enjoy great commissions from the transactions carried out. This basically raises the amount of fees that you are likely to pay when carrying out your transactions. In your mind you may however be wondering whether you can buy bitcoin no fees. The truth of the matter is that this can actually happen.

Follow the instructions provided

All you require is carry out your own research in order to appreciate the various options at your disposal. You will discover that as the exchange environment continues to evolve, there is an increase in the demand for the services. This also crates competition which means that the exchanges have to bring down their costs in a bid to attract more customers looking to buy cryptocurrency from them. The more you research, you will discover that you can eliminate the fees charged while you transact. The steps to guide you should include,

  • Create an account

You can begin the process by choosing a credible site that you can use to open your official account. The process is really simple and only requires you to follow the simple instructions provided to have your account up and running. You will find that opening this account will not cost you anything and allows you to get a free wallet that you can use to buy ethereum at your own peril.

  • Choose your preferred seller 
The next step requires that you choose a seller that you can work with to complete your transaction. The availability of different options warrants the need for you to ensure that you go for the best one that can guarantee you of an easy experience as you buy bitcoin no fees. It is advisable that you go for one who is of good repute and also has a high amount of trades. This should give you great confidence to trust that they are able to give you exactly what you want.

  • Place your order 
Upon choosing your preferred seller, you can then move on to the next stage that allows you to place your order. Be sure to go through the terms and conditions laid out before you press the buy cryptocurrency icon. Once the seller accepts your request, they will send you details on how to make your payment.

  • Complete the transaction 
The instructions by the seller will make it easy for you to finalize on the buy ethereum transaction. Once you make the payment, they should provide you with a receipt which you will confirm before they release the cryptocurrency to your wallet without incurring any extra fees.



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