Top 4 Affordable Crypto Trades | Bitcoin, Ethereum, Binance, USDT

If you’re currently active in the cryptocurrency space, you know that exchange fees are one of the hottest issues right now. These fees can eat into your returns and make trading less profitable. However, there are ways to trade your crypto with the lowest possible fees, and in some cases, even zero fees. In this article, we will walk you through the four cheapest ways to trade your cryptocurrency and save big on fees.

Tip #1: Use bnb (Binance Coin) to Pay for Trading Fees

Many traders don’t realize just how much trading fees can impact their returns. Most exchanges charge anywhere between 0.5% and 1% per trade, which can add up quickly, especially for active traders. However, trading fees are coming down thanks to more decentralized finance (DeFi) protocols and centralized exchanges lowering their fees to compete.

Binance is one of the better exchanges out there, charging about 0.1% for trading fees. But you can save even more by using BNB to pay for your trading fees. BNB is the native token of the Binance exchange and has a bright future. By setting BNB as your default payment method, you can save 25% on your trading fees. While it may not seem like much, it can add up over time, especially for high-volume traders.

Tip #2: Use Binance Gift Cards for Free Crypto Transactions

Binance offers gift cards that allow you to buy or send crypto to anyone for free. This includes sending crypto in exchange for your local currency. These gift cards are API supported and great for small businesses looking to use crypto for payments or loyalty programs. By using Binance gift cards, you can avoid any fees associated with moving your crypto.

Additionally, if you don’t have a Binance account yet, you can take advantage of an ongoing promotion with Binance. By signing up for a new account through the provided link, you can receive up to $600 in bonuses, essentially free money. This promotion has been extended into October, so you still have time to take advantage of this offer.

Tip #3: Take Advantage of Zero Fee Crypto Trading Pairs on Binance

For a limited time, Binance is offering popular zero fee trading pairs. This means you can trade certain cryptocurrencies, including Bitcoin, for free. There are 13 different Bitcoin spot trading pairs available, including btc/USDT and BTC/BUSD. This incentive allows you to buy Bitcoin without incurring any trading fees. You can then use this Bitcoin to exchange for other cryptocurrencies with low fees on Binance or any other exchange.

Tip #4: Use Binance P2P (Peer-to-Peer) Trading for Free Fiat-to-Crypto Conversion

Binance P2P trading is a peer-to-peer trading service that allows you to convert fiat currency to crypto on Binance for free. This service is especially useful for users in emerging markets who may have limited access to exchanges due to geographical limitations. With Binance P2P, you can link your bank account in fiat currency and send funds to other account holders within the same bank or to different banks within your country. Binance releases the crypto to you once you provide proof of payment. This service is not only free but also a quick and convenient way to buy crypto with fiat currency.

In conclusion, by following these four tips, you can save on your crypto trading fees and maximize your returns. Using BNB to pay for trading fees, utilizing Binance gift cards, taking advantage of zero fee trading pairs, and using Binance P2P trading can all help reduce or eliminate fees associated with trading and converting crypto. If you don’t already have a Binance account, be sure to check out the ongoing promotion with up to $600 in bonuses. Remember, this article is for informational purposes only and not financial or investment advice. Happy trading!