How to reduce fees when using Bitstamp?
Bxrnie_Dec 25, 2021 · 3 years ago1 answers
I want to know how to minimize the fees when using Bitstamp. Are there any strategies or tips that can help me reduce the fees? I'm looking for ways to save money on my transactions.
1 answers
- Dec 25, 2021 · 3 years agoReducing fees when using Bitstamp can be achieved by following a few simple strategies. First, consider using the Bitstamp mobile app, as it offers lower fees compared to the web platform. Second, take advantage of Bitstamp's referral program. By referring new users to Bitstamp, you can earn a percentage of their trading fees, effectively reducing your own fees. Third, consider using Bitstamp's native token, BYDFi, to pay for fees. BYDFi holders enjoy reduced fees and additional benefits on the platform. Lastly, keep an eye on Bitstamp's fee schedule and any announcements regarding fee reductions or promotions. By staying informed, you can take advantage of opportunities to minimize your fees and save money on your trades.
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