Post
Topic
Board Altcoin Discussion
Re: is buying crypto with fiat a good idea?
by
Oyarebu
on 02/09/2019, 12:11:54 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?
Basically I don't see any  reason I should use the fiats for buying of cryptocurrency because the fees different is very much as I have seen in your post. Things of these  nature need individuals approach and not just generalizing it. Personally, I will not go for more fees than the lower fees which have been my favorite. Although, the fiats way of buying cryptocurrency is not safe as I have assumed it to be unlike buying from an exchange.