How to sell crypto currency without too many fees

how to sell crypto currency without too many fees

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Besides cryptocurrency trading, users can use the exchanges to convert their digital assets back into fiat currencies, and in order to withdraw the wanted amount takerand for this service, the trader has to pay hoq taker fee to. Some cryptocurrency exchanges charge fees when the users want to and spot trading on one or taker fees depending on.

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Most services will ask you to pay a small commission, typically between 0% and % of the sum per trade. Changelly is famous for its low fees � check it out. Another roundabout method of selling your BTC using the services provided by a cryptocurrency exchange is by spending it via one of the many crypto-focused. You can also do a direct trade, selling your cryptocurrency directly to another person through another entity. The most popular way is through a peer-to-peer online platform that allows sellers to find the best offers through an exchange, though one could even do it in person if needed.
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Once you check the transaction record in the payment account and make sure you have received the money from the buyer, Binance will release the crypto to the buyer on the platform. Investopedia is part of the Dotdash Meredith publishing family. Portions of this article were drafted using an in-house natural language generation platform.