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Are there any cryptocurrency brokers that offer swap free accounts?

avatarClemensen PadillaDec 25, 2021 · 3 years ago3 answers

I'm looking for cryptocurrency brokers that offer swap free accounts. Can anyone recommend any brokers that provide this service? I would like to avoid paying swap fees on my trades.

Are there any cryptocurrency brokers that offer swap free accounts?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are several cryptocurrency brokers that offer swap free accounts. One popular option is Binance. They have a feature called Binance Lending where you can lend your cryptocurrencies and earn interest without paying swap fees. Another option is eToro, which also offers swap free accounts for certain cryptocurrencies. You can check their websites for more information and to see if they offer swap free accounts for the specific cryptocurrencies you're interested in.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! Many cryptocurrency brokers understand the need for swap free accounts, especially for traders who follow Islamic finance principles. Some other brokers that offer swap free accounts include Plus500 and XM. These brokers have specific account types that cater to traders who want to avoid swap fees. Make sure to read the terms and conditions and check if there are any limitations or requirements for opening a swap free account with these brokers.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a cryptocurrency exchange that offers swap free accounts. They understand the importance of providing options for traders who want to avoid swap fees. With a swap free account on BYDFi, you can trade cryptocurrencies without worrying about paying swap fees. It's a great option for traders who want to optimize their trading strategies without incurring additional costs. You can visit their website to learn more about their swap free account offering and how to open an account.