Post
Topic
Board Altcoin Discussion
Re: is buying crypto with fiat a good idea?
by
scambust
on 29/08/2019, 20:28:20 UTC
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

This is weird. Most people buy crypto with fiat. More specifically, most people buy BTC or ETH through Coinbase, Kraken, or their local crypto exchange with the money deposited from a bank account or the use of credit card. The huge difference is because of the merchant fees in accepting fiat, they say.