Post
Topic
Board Altcoin Discussion
Re: is buying crypto with fiat a good idea?
by
aprilnot
on 02/09/2019, 12:04:05 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?

which certainly depends on the situation. if you only have fiat then there is no other choice. but if you already have crypto (btc, Eth and others) it's more profitable to buy using crypto.

I personally rarely buy crypto using fiat, even though in an exchange that I usually use already provide it (Indodax, Pair with IDR) but I rarely make deposits there. I more often use the exchange only for trading or making withdrawals to Fiat.