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How can I get crypto without paying any fees?

avatarDip ChakrabortyDec 26, 2021 · 3 years ago3 answers

I'm interested in getting into cryptocurrency, but I don't want to pay any fees. How can I acquire crypto without incurring any charges?

How can I get crypto without paying any fees?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One way to get crypto without paying fees is through mining. By using your computer's processing power to solve complex mathematical problems, you can earn cryptocurrency as a reward. However, keep in mind that mining requires specialized hardware and consumes a significant amount of electricity. It may not be cost-effective for everyone, especially with the increasing difficulty of mining.
  • avatarDec 26, 2021 · 3 years ago
    Another option is to participate in airdrops. Airdrops are when cryptocurrency projects distribute free tokens to the community. You can sign up for airdrops on various platforms and receive free crypto without paying any fees. Just be cautious and do your research to ensure the legitimacy of the airdrop projects.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a fee-free way to acquire crypto, you can consider using decentralized exchanges (DEXs). DEXs allow you to trade cryptocurrencies directly from your wallet without the need for intermediaries. One popular DEX is BYDFi, which offers a wide range of trading pairs and low fees. However, it's important to note that DEXs may have lower liquidity compared to centralized exchanges, so you may experience slippage or limited trading options.