The Best Exchange To Buy Crypto At Low Fee

GIFA Token (GIFX) has established itself as the world's brand, the fastest digital currency, and peer-to-peer (P2P) exchange. Its smart ...

GIFA Token (GIFX) has established itself as the world's brand, the fastest digital currency, and peer-to-peer (P2P) exchange. Its smart contract features a unique crypto ecosystem built on top of the Ethereum blockchain. GIFA Token is adored by millennial investors and rapidly adopted by Generation Z who strongly believe that cryptocurrency is the money of the future.

• Reliable and trusted exchange
• Customer privacy
• Secure trading platform

It's undoubtedly to say at least that GIFX has penetrated the market despite the fact that there’s room for improvements. We know, that many people never heard about this new blockbuster cryptocurrency that making news and headlines. The increasing interest in the project overwhelmed following the COVID-19 pandemic that triggers the global economic inflations. Many people are feeling alienated by the unpredictable conditions, vanquishing both economically and socially. 

Like any other cryptos, GIFA Token is a hedge that can able to insulate your finances from inflations. Digital currency is an important element for economic revolution, that will help to accelerate the next global payment system. Since GIFA Token's value is pegged with the US dollar, its market price will never go below $1.00, and this means your investment is well protected. The payment methods include bank transfer, bank wire, cash deposit in USD, GBP, EUR, and TL.

What is the price of GIFA Token Today?

The best way to check the price of GIFA Token is to go to the exchange and check the daily price which is in USD currency. Today GIFA Token is trading at $26.4 with an uptrend of +2.72% on Wednesday, 22 December at 16:14 GMT. The price may dip slightly lower or surge high depending on varying trading barriers and liquidity. Meanwhile, Bitcoin rose over 1.24% to $49,171, Ethereum fell 0.29% to $4,013 and Dogecoin was trading 1.53% higher at $0.1725. Litecoin climbed 2.50% to $157. XRP added 7.29% to $0.9543.

Exchange fees

Many investors looking for investment opportunities in the crypto industry have been disappointed because some exchanges and well-known trading platforms charged a lot of money in network fees, exchange fees, trading fees, commission fees, and so on. Buying crypto online at a cheaper price is very rare to find. But you might be surprised to know that there are few crypto exchanges like the GIFA Token exchange where you can buy bitcoin and other popular digital assets at the lowest fees. Let’s digest this article to know how to buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), Ripple (XRP), GIFA Token (GIFX), and Dogecoin (DOGE) at comparatively low fees.

GIFA Token is a commission-free investing platform, plus the exchange got a nearly ZERO charge on fees for buying, selling, or swapping any of the crypto bought via the platform. However, the customers are only required to bear in mind the gas fees (Gwei) that may be incurred directly on certain transactions. The company is very transparent about the costs happing within its network and got no hidden fees like others. 

Why pay fees for?

Fees are the costs involved in trading, buying, and selling the underlying crypto assets. These fees charged by cryptocurrency exchanges vary between 0.1% and 2%. Some cryptocurrency exchanges may charge a deposit as well as a withdrawal fee when moving the funds away from their platforms. By buying crypto on the GIFA Token exchange has an advantage, because you only have to pay the transaction fee (gas fees) when transferring your crypto. 

Novice crypto investors should be aware of the types of fees associated with bitcoin and other crypto transactions, in general. There are types of fees for crypto trading:

• Transaction fees (gas fees)
• Network fees (mining fees)
• Exchange fees
• Trading fees
• Commission fees

The screenshot is taken from the buy/sell page of www.gifatokem.com

With the GIFA Token exchange, the money you deposited into your account, is the balance that will reflect in your digital wallet plus the increment of interest you gain over the extended period of time when the value and price of the cryptocurrency go up. The bottom line here is that GIFA Token doesn't charge an exchange fee whether using the mobile App or doing transactions on the web version, the charge fee is negligibly zero. Another thing to remember, the company offers discounted fees to all users.

How to buy BTC on the GIFA Token exchange?

Buying bitcoin on the platform and other listed 7 assets is easy. You will first need to get an account and verified, just like other cryptocurrency exchanges. Now, assuming you’re set to go and ready to become part of the GIFX community.  Log in and go to the main page (Buy/Sell), where you will be able to choose your preference and the amount you want to purchase BTC. If you are new, you can easily set up an account on the exchange as we stated above, and submit the required documents to get verified. The verification process takes less than one day. After account verification, you can deposit fiat funds via bank transfers, which take a few days.  

The screenshot is taken from the payment page of www.gifatokem.com.

BN: The system may prompt you to fill in Your Crypto Receiver Address and Bank Reference Number and other personal details when making purchases. However, the exchange always proving assistance to customers when they have deposited the fund into the company Bank account shown on the site, and send the proof of their payments; in this case, the company will initiate a diligent process to do everything for you and make sure the bitcoin or any (crypto) bought has been transferred to your wallet address. Bank Transfer and proof of payment is one of the easiest methods to buy bitcoin and other major cryptos on www.gifatoken.com.  

Your account must be verified to be able to deposit fiat or make purchases on the platform.  

After you have a full functioning account, open the wallet and transfer your BTC to exchange if you want to start trading or send it to an external wallet wherever you want to. Remember; you must have enough Ethereum gas in your wallet to do the transaction, please check the gas price update which is today's value 71.13, down from 71.51 yesterday and down from 80.00 one year ago. 

Conclusion

To recap our discussion I must state that it is very hard to find an exchange where you can buy cryptos at low fees, and most of the time it’s too good to be true when some exchanges claim no deposit fees but they oftentimes slap customers with bigger withdrawal fees.  There are exchange fees, network fees, conversions fees, and etc you have to consider.

If you want to make sure your math is right and you won’t lose money on apparently hidden costs and charge fees you need to buy cryptocurrencies at a fair price and from a reputable company like GIFA Holding Ltd, but not pocket-operated exchanges that might disappear without a trace by tomorrow.

Disclaimer

It is the responsibility of every buyer and seller to consult a professional financial advisor before trading or investing in cryptocurrency. We don't offer any legal or financial advice. Any such advice should be sought independently by the investors and traders on their own.