I will talk about Where To Buy Crypto Without Fees where there are no fees, explaining how to buy digital assets as well as cryptocurrency at no additional cost.
There are ways to buy crypto without paying commission through P2P trading or P2P platforms that offer commission-free purchases. I will demonstrate reliable and effective methods to maximize investment without additional expenses.
Where To Buy Crypto Without Fees
For those looking to purchase cryptocurrency without any fees, there are many website such as “Binance,” “KuCoin,” and “Okx,” that allow users to exchange currency directly. The exchange doesn’t charge a fee for transactions either.
Top Platform Where To Buy Crypto Without Fees
1. Binance P2P
Users could purchase and sell cryptocurrency on the Binance exchange without trading costs since 2019 because it added a peer-to-peer trading feature.
The Binance P2P market also accepts the recent 300+ payment options and 100 local currencies, significantly improving it’s user base and chosen as the preferred step for makes BSV, LTC, BCH, BTC, free of charge.
For people living in countries with harsh banking restrictions, Binance P2P has become the primary method of payment because it offers an escrow system for safe trades.
2. KuCoin P2P
In 2020, KuCoin complemented the primary functionalities on V1 of the exchange by implementing a P2P marketplace for unrestricted trading. Now it has a broad range of payment methods and currencies.
USDT, BTC and ETH can now be bought directly from other traders. Binance P2P competitors are satisfied because KuCoin also introduced merchant programs and advertising, which are profitable for users looking for straightforward other payment methods.
3. Bybit P2P
Bybit launched its P2P trading platform in 2021, focusing on ease of use with no fees as well as providing a straightforward interface.
It became extremely popular between users seeking for cost free alternatives because it provide a very simple and secure purchasing method.
Bybit P2P also has verified merchants, multiple fiat options, and an escrow system that enhance transaction security.
It also keeps increasing its list of accepted payment methods and currencies.
4. Crypto.com
Founded in 2016, Crypto.com is popular for providing a 30-day free period for first time users who buy crypto using a credit card or debit card.
Although standard trading fees apply, promotional offers on the Crypto.com App and Exchange allow members to purchase assets at reduced prices.
The platform is well-known for having lots of different cryptocurrencies, as well as having features like staking, easy cashback, and DeFi, and is great for beginners and experienced traders alike.
5. Robinhood
Robinhood started in the 2018 crypto market with offering users no-fee crypto trading. In lieu of traditional fees, however, Robinhood has to charge a fee through spreads (small price markups on transactions).
They have slowly but surely expanded to support Bitcoin, Ethereum, and Dogecoin. In 2023, Robinhood added wallet support and on-chain withdrawals, giving people more services and autonomy with their crypto funds.
6. eToro
eToro started offering cryptocurrency trading in 2014, making it one of the first well-known platforms to feature digital assets.
The platform has no commission fees for buying crypto, but spreads will apply. eToro’s feature customization has evolved to include copy trading, staking rewards, and a secure cryptocurrency wallet.
It continues to be well-liked by retail investors that want to trade cryptocurrencies in addition to stocks or ETFs.
7. OKX P2P
OKX introduced their new P2P trading platform in the year 2018. Users are now able to buy and sell crypto without paying any fees.
Like Binance and KuCoin P2P, it has support for multiple fiat currencies, payment methods, and escrow to protect users’ funds during trade transactions.
OKX P2P has expanded its services by adding verified merchants and giving special discounts to advanced traders, thus making it a great choice for people who want to save money when buying cryptocurrencies.
Conclusion
Purchasing cryptocurrency through some exchanges like Robinhood and eToro allow for commission-free transactions, however, there are underlying fees that account for costs. Users may also want to look into P2P options on KuCoin, Binance, Bybit or OKX that enable fee free transactions and provide a secure escrow service along with various payment methods.
Although these platforms do not charge for transaction fees, P2P trading may be harder for inexperienced users as security features heavily depend on their prior trading experience.
New users may also want to take a look at Crypto.com which provides zero fee purchases for a limited time. Overall, the best choice comes down to how familiar the user is with the platform, what payment systems they intend to use, and the level of security they demand.
In my opinion, P2P systems are still the safest choice for purchasing cryptocurrency for those who want no service fees.
