Lastly, while there are a few other zero-fee choices out there we are aware of, such as Lykke and Digitex, we don’t tend to focus on them here as they tend to come with strings attached or be bad for consumers (consider, Cobinhood offered $0 fees in the past and then shut down without warning later). Meanwhile, Robinhood (see below for codes) has commission-free trading but has limited functionality and selection. For example, you can trade for free on most exchanges if you trade enough volume. This typically means accepting some additional requirements or limitations. One important thing to keep in mind is that most exchanges incentivize users with zero-dollar fees as a promotional offer. For example, when you use Binance’s BNB tokens to pay your fees, you get a discount on your trading fees, and when you use a referral link, you get a discount on top of that (for example, you can get 10% off Binance fees for life with this link: ). These fees can be made even lower by using referral codes, trading a lot, and/or using the tokens of these exchanges. Not only can you trade crypto for free at those exchanges today, but you can also save on any fees you might incur in the future by using our referral links (see below or click the links above).Īlthough the best exchanges all charge fees for at least some order types, a few major exchanges have reasonably low 0.1% fees, including Binance. Lastly, most exchanges offer free or very cheap fees to high-volume traders. Meanwhile, Robinhood has commission-free trading on all cryptos! You can also trade crypto stocks like GBTC and ETHE with no fees with stock brokers like Fidelity. Right now, going into 2023, Binance, Binance.US, Bybit, BitMEX, and Robinhood all offer free Bitcoin trading. This page has been updated for trading crypto for free as of February 2023. We explain how to trade cryptocurrency without paying fees (i.e., how to go from USD to cryptocurrency and back again without paying fees). No, USDT-ERC20 wallets are only compatible with USDT-ERC20, and not with any other coin.How to Buy and Sell Cryptocurrency Without Paying Fees No, USDT-TRON wallets are only compatible with USDT-TRON, and not with any other coin.Ĭan I deposit ETH to my USDT-ERC20 wallet? Our system is able to identify the different types of address and will prevent one type of coin being deposited into the wrong type of address.Ĭan I deposit TRON to my USDT-TRON wallet? What if I withdraw my USDT-ERC20 to my USDT-TRON address(and vice versa)? Further, your USDT from the TRON network is only compatible with your USDT-TRON address. Your USDT coins from the Ethereum layer is only compatible with your USDT-ERC20 address. What if I deposit USDT-ERC20 to my USDT-TRON address (and vice versa)? Sending your USDT coins to an incompatible address may result in the loss of your withdrawal. Please note that if you select ERC20 network for withdrawal, and enter an USDT-BEP20 wallet address, your funds might not reach your receiving wallet, and will be most likely unrecoverable. If you enter an USDT-BEP20 address, please select BEP20 for withdrawal of your funds.Ħ. If you enter an USDT-TRON address, please select TRC20 for withdrawal of your funds.ĥ. If you enter an USDT-ERC20 address, please select ERC20 for withdrawal of your funds.Ĥ. You will then be prompted to enter a receiving deposit address and to select the network for withdrawal:ģ. Sending your USDT coins to an incompatible address may result in the loss of your withdrawal.Ģ. Please note that if you select ERC20 for generating your wallet address, you must select ERC20 network for the deposit, if you select BEP20 for generating your wallet address, you must select BEP20 network for the deposit, you might lose all your deposit if you choose BEP20 network for depositing to your ERC20 wallet address, vice versa. Use the matching network to generated an address for sending the coin to your Poloniex USDT wallet. If you select Deposit on Binance Smart Chain, you will be able to select a BEP20 (BSC) deposit address:Ħ. If you select Deposit on TRON, you will be able to select a TRON deposit address:ĥ. If you select Deposit on Ethereum, you will be able to select an ERC-20 deposit address:Ĥ. There are 3 options: USDT-ERC20 or USDT-TRON or USDT-BEP20:ģ. After selecting USDT, you will be prompted to select a deposit protocol. For your safety, always confirm that you are securely logged into Poloniex by reviewing the URL:Ģ. Log into your Poloniex account and click on wallet. USDT markets on Poloniex will be unaffected.ġ. Poloniex also enabled ERC-20 based deposits and withdrawals for Tether (USDT), meaning customers can freely withdraw to their preferred network: TRON, or Ethereum. Tether and Tron first announced a collaboration to list a USDT compatible with the TRC-20 standard in April 2019. USDT is a cryptocurrency issued by Tether, that is compatible with the Ethereum/ERC20 and Tron/TRC20 networks.
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