How to exchange Bitcoin without commission
2017-10-10 00:00:00:
Digital monetary units have rapidly entered and firmly established themselves in the lives of our contemporaries. A particular surge of interest in alternative assets has been observed since the end of 2016, when a sharp increase in the value of not only the first cryptocurrency, but almost all altcoins began.
Against the backdrop of what is happening, the issue of exchanging Bitcoin without a commission has acquired particular relevance . Speaking about the possibility of conducting conversion transactions without paying a certain bribe, one specific issue should be raised regarding the manipulations carried out with the use of digital monetary assets. Despite the growing popularity and stock quotes of cryptocurrencies, they are most often used for mutual settlements remotely. And in everyday life, they have to be converted into fiduciary counterparts using the services of various web resources or financial and credit institutions, as well as the functionality of electronic payment systems.
As a rule, these online platforms and banks are commercial structures aimed at making a profit. Therefore, they charge a certain commission fee for intermediary services. Therefore, currency exchange without commission, including Bitcoin, in a safe mode, today, is an almost impossible task.
Ways to exchange Bitcoin without commission
The phrase "practically impossible task" was mentioned by us not at all by chance. Such options exist and we will talk about them in more detail.
If you are a frequenter of specialized forums and information resources, then there you can always meet a lot of people offering a profitable conversion of various assets directly and at a very favorable rate, without any bribe. If you managed to find a reliable partner, this will help you save a certain amount on conversion manipulations. Yes, such a method of exchanging cryptocurrency without a commission looks very tempting, but it is reasonable to recall the fraud that flourishes on the Web. By and large, even long-term business relationships cannot serve as a panacea. Where is the guarantee that one fine day, a reliable counterparty will not appropriate your next transfer?
The second way is to use multi-currency crypto wallets, for example, Kryptonator. But such resources, as a rule, offer Bitcoin transfers without charging a bribe only within the system, that is, to other similar virtual wallets, and when making transfers in other directions, developers will require a certain percentage of the cost of each transaction. So this option can be called free only conditionally.
Some users use numerous trading platforms operating on the Web to carry out conversion transactions. Of course, exchanges are a very profitable option for exchanging Bitcoin , but they do not allow the conversion procedure to be carried out without any commission. Most of them do not charge money both for replenishing a deposit and for compiling an order at a rate that is beneficial for each user. But the trader, having waited for a counter offer from the counterparty, is forced to pay the administration from 0.2 to 0.5% of the volume of each conversion manipulation.
The advantage of cryptocurrency exchanges should be considered a mechanism for reserving client funds before confirmation of consent to the exchange from the counterparty. This helps to avoid unexpected complications, but marketplaces themselves should not be taken as a safe option. After all, many cases of their bankruptcy are known, and the recent vicissitudes around BTC-e, which until recently was one of the flagships of the Russian-speaking direction of digital asset trading, serve as an excellent example.
How to exchange Bitcoin with a minimum commission and the most profitable?
When discussing ways to profitably, quickly and safely convert virtual coins of the first digital asset, you should pay attention to special online resources that operate on the Internet. Reliable exchangers offer the exchange of Bitcoin for various assets (altcoins, title units of many electronic payment systems, fiduciary currencies, accounts of financial and credit institutions) not without a commission, but with a minimum margin. Considering the guarantees provided by the administration of web sites of this direction and the speed of receipt of funds to the user's wallet, the minimum threshold for fines charged when carrying out conversion transactions is quite justified.
Benefits of cooperation with Baksmany.com
The Baksmany.com exchanger is considered one of the leaders in online exchanges and has deservedly earned an impeccable business reputation over the years of operation. The simplicity of the interface and algorithm of work, the presence of many additional options, a profitable referral program and a well-conducted loyalty policy are the hallmarks of our conversion platform. Let's talk about them separately.
The main advantages of the exchanger are:
- Favorable exchange rates.
- Fast implementation of conversion manipulations, including the exchange of Bitcoin, not without a penalty, but with a minimum commission.
- Handling significant reserves.
- Variety of currency pairs.
- Multifunctionality and availability of additional options.
- Efficiency of specialists of the technical support department.
Special attention should be paid to the simplicity of the algorithm of work:
- Having decided on the choice of the direction of conversion, you need to enter at least one of the currencies in one of the fields of the form provided by the service, indicating its required amount.
- The built-in calculator will automatically report the required amount of the second asset, taking into account the system commission and bonuses due to each user.
- You must specify the correct payment details, agree with the rules of the offer and activate the "Exchange" option.
- Be sure to enter a valid email address to receive confirmation of the conversion transaction.
Should I register with Baksmany.com?
The exchanger allows you to carry out conversion transactions in incognito mode, but registered users get additional features. The system charges them the maximum minimum commission for the manipulation with the use of Bitcoin in different directions.
The following options become available to customers who have verified their profile:
- Participation in the accumulative system of discounts . Based on the volume of conversion transactions, bonuses can vary between 0.05-0.12%.
- The affiliate program provides for income from the activity of attracted users in the amount of 0.6 and 0.2% from referrals of the first and second levels.
The standard commission of 0.0001 BTC charged by the exchanger for the fast and safe execution of conversion transactions using Bitcoin in a safe mode, coupled with the bonuses listed above, makes the Baksmany.com exchanger an attractive partner for both one-time transfers and long-term cooperation.