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?
While there are a lot of crypto prices that are going down now, I think buying good altcoin with fiat is a good decision. At some exchangers, now we can buy crypto with a credit card or debit card and that gives us convenience. Regarding the transaction fee which reached 0.25%, I think the rate is still reasonable
Most people start dealing with cryptocurrencies when they buy it with fiat. I do not see here any great difference with other methods - the same risks and possible gains also exist. The other thing is when you buy cryptocurrency with cash. Buying crypto for cash attracts traders and investors who value privacy and want to avoid high fees on exchanges.
However, here you should know the person is 100% honest and he can be trusted.