[Honey Singh]

Hi,👋

What's your crypto buying way ?

Let's share and discuss the cheapest way around.


Moonpay?

[jcole]

Hi,👋

What's your crypto buying way ?

Let's share and discuss the cheapest way around.


Moonpay?

My exchanges are all KYC, and usually anywhere from 0.5-5%

[Honey Singh]

My exchanges are all KYC, and usually anywhere from 0.5-5%

Which one is 0.5 ?

[jcole]

Which one is 0.5 ?

MEXC: 0.05% Taker (0% Maker)
Binance (Global): 0.10% Taker (0.075% if paying with BNB)
KuCoin / Bybit / Bitget / Gate.io: 0.10% Taker
Binance.US: 0.00% – 0.20% Taker (depending on pair tier)
Kraken Pro: 0.8% Base Taker (depending on pair tier)

[Honey Singh]

MEXC: 0.05% Taker (0% Maker)
Binance (Global): 0.10% Taker (0.075% if paying with BNB)
KuCoin / Bybit / Bitget / Gate.io: 0.10% Taker
Binance.US: 0.00% – 0.20% Taker (depending on pair tier)
Kraken Pro: 0.8% Base Taker (depending on pair tier)

thread is for fiat to crypto
not crypto to crypto. 🤭

[jcole]

thread is for fiat to crypto
not crypto to crypto. 🤭

That is the percentages when buying crypto using a cash deposit.

[Honey Singh]

That is the percentages when buying crypto using a cash deposit.

Great share, what about visa and mastercard?
Cheapest way to buy crypto?

[jcole]

Great share, what about visa and mastercard?
Cheapest way to buy crypto?

That will depend on what a platform is charging for a debit card top up. I know Kraken specifically charges a fixed ($0.25) + 2% to top up a balance

[Kify]

My exchanges are all KYC, and usually anywhere from 0.5-5%

5% is insanely high for a KYC exchange, where are you paying that much?

[jcole]

5% is insanely high for a KYC exchange, where are you paying that much?

That's after debit card top up, maker/taker fees. Only a ball park not a specific number

[Honey Singh]

That's after debit card top up, maker/taker fees. Only a ball park not a specific number

Yeah, that's the catch. Looking for the cheapest company who charges 1-2% with cards or a way.

[kainzerdick]

I am currently offering a service where you can safely on/off ramp from all banks/emis by opening an offshore bank.. the rate is around 1%-5% depending on the volume but we have a minimal KYB.. the only good thing is that once onboarded, volume is not an issue..

[m1000]

Honestly I just buy Bitcoin through CashApp and if I want anything else I'll transfer BTC over to Exodus and do a swap. We also have a Bitcoin club in my city where it's easy to buy other alts for cash too.

[Omniscient]

Moonpay very high.

You'll get the best rates on direct KYC CEX's. Swap sites like Moonpay will screw you because they are actually just using 3rd party service like Zero Hash. ZH sucks too btw, any service using them charges the highest fees, not to mention I find their tech buggy.

[m1000]

Moonpay very high.

You'll get the best rates on direct KYC CEX's.  Swap sites like Moonpay will screw you because they are actually just using 3rd party service like Zero Hash.  ZH sucks too btw, any service using them charges the highest fees, not to mention I find their tech buggy.

I was constantly being denied purchase ability with Moonpay... and another similar service. I kept verifying with my bank but they still wouldn't let the transactions push through, so yeah, the tech either sucks or they're intentionally not allowing me to purchase. I bank with Chase, in the US.

So now I either buy locally from a local Bitcoin club here in town, or just buy BTC in my CashApp and transfer to Exodus if I want to swap for anything else. Local cash buys are always really fun.