Post
Topic
Board Altcoin Discussion
Re: is buying crypto with fiat a good idea?
by
RealMalatesta
on 02/09/2019, 18:59:06 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?
It depends on you, if you think you have some tokes that are worth losing or not worth holding and you can still use for your new token, then you can do so, but if you are planning to use Ethereum or bitcoin, I would not advise that at this stage where they all want to boom and I think that fiat would be the best option.

You should have been used to these fiat percentage already because I feel  you must have bought so many coins with it, because without fiat, we still can't have access to buy some coins, except maybe we already have a very big amount of some cryptos in our wallet. Fiat is good to use but look for exchanges that are very fair with fees like binance, and check some Local exchanges also that offer a very cheap fee on buying crypto with fiat.