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How to save on transaction fees ---> FTX exchange pays them for you

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@ariman
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Hello everybody! Wish you are doing well :-)

As everybody (almost) here, I do love blockchain and cryptocurrencies , but for one thing :

TRANSACTION FEES !!!

So in this short post I will suggest you a good tip, that is, you can save some money loss due to fees while transferring your cryptos here and there.

The FTX Exchange pays them for you! They are also currently offering 0% maker fees on ALL markets (even if you go 20x leverage) , till end of 2020, while standard fees are 0.02% Maker and 0.07% taker, really low!!!

If you click on the link above and register, you will be referred , with a 5% trading fees deduction, forever.

This is a great exchange, one of top 10 by volumes, and offer a really simple and efficient way of trading derivatives product, like perpetual futures and options, togheter with some spot market for the main coins. The only condition for you to don't have to pay any transaction fee is to have a higher trading volume than withdrawal volume (so just buy/sell a couple of times). Not that long time ago, they have added the possibility of trading "fractional tokenized stocks" !!! You can buy and sell fractional shares, down to few cents, of most famous companies, like Apple or Tesla (among others); many futures available also for stock market, sometimes perpetual sometimes quarterly.

So what I do often is to send some crypto XXX from A to B is to first send Litecoin (LTC) from A to FTX, exchange for XXX, then sending it to B without any fees.

Why LTC ? simply because is fast and secure, with 0.001 LTC (around 5 cent) fixed transaction fees :-)

They also offer all kind of USD chain : BUSD, TUSD, USDT, USDC and more. They even support Binance Smart Chain BSC protocol for some token, and Solana (SOL) chain for most coins.

Last but not least, the founderer and CEO at FTX, Sam Bankman-Fried, was the 2 biggest private supporter of the Biden's electoral campaign for 2020 presidentials, in order to avoid having Donald Trump again at the white house.

Have an happy trading and have a nice day :-)

Posted Using LeoFinance Beta