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Anonymous

10 Oct 2021

General Investing

Cheapest way to DCA into a crypto exchange (already maxed out Xfers 30k annual limit)

Hi gurus, I'm trying to find ways to regularly dca into an crypto exchange (monthly) and that is not going to incur (too much) hidden fees here and there. So far I have used Xfers with crypto.com to buy crypto and maxxed out the 30k annual limit so I can't use the Xfers route anymore. Does anybody have any ideas what routes I can use? Trying to avoid the credit card route cos of the high fees.

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thefrugalstudent

10 Oct 2021

Founder at thefrugalstudent.com

Hi Anon,

As Yong Ming mentioned, you can check out Gemini to get around this limit from Xfers since they support FAST transfers, and the fees for Gemini active trader are only 0.35%.

Gemini active trader refers to the desktop web interface where you get more complex market data. Placing trades via this method are cheaper than doing so without activating active trader (normal web/mobile).

Active trader is only available on the desktop website and must be activated in the settings.

Hope this helps!

Regards,
thefrugalstudent

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Try not to use xfers cos of the limits and restrictions. you can consider Gemini instead since they ...

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