Cryptocurrency Q&A Can you transfer money without fees?

Can you transfer money without fees?

TaekwondoMaster TaekwondoMaster Mon Sep 23 2024 | 6 answers 1089
I'm curious, can you actually transfer money between accounts or across platforms without incurring any fees? It seems like every time I make a transfer, there's always some sort of charge involved. Is there a way to bypass these fees and make transactions cost-free? Are there any specific cryptocurrencies or financial services that offer fee-free transfers? I'd love to know more about how to move my money around without having to pay extra. Can you transfer money without fees?

6 answers

ZenFlow ZenFlow Wed Sep 25 2024
Additionally, the recipient of the transfer may also be subject to fees if they choose to receive the money instantly in their bank account or debit card. This is because the app may have to process the transfer through a bank or card network, which may charge a fee for the service.

Was this helpful?

158
66
Alessandra Alessandra Wed Sep 25 2024
Despite these potential fees, P2P payment apps provide a convenient and efficient way to send money without the need for cash or checks. They are widely used for splitting bills, paying for goods and services, and sending money to friends and family.

Was this helpful?

131
74
Alessandra Alessandra Wed Sep 25 2024
When it comes to cryptocurrency exchanges, BTCC stands out as a top player in the industry. BTCC offers a range of services to cater to the diverse needs of its users, including spot trading, futures trading, and cryptocurrency wallets.

Was this helpful?

285
40
CryptoProphet CryptoProphet Wed Sep 25 2024
Cryptocurrency transactions often involve fees, but P2P payment apps offer a fee-free alternative for sending money. These apps, such as Cash App, Google Pay, PayPal, Venmo, and Zelle, facilitate instant transfers between users without the need for intermediaries or additional charges.

Was this helpful?

123
20
henry_harrison_philosopher henry_harrison_philosopher Wed Sep 25 2024
However, it's important to note that funding a transfer through these apps with a credit card may incur a fee. The reason behind this is that credit card companies typically charge a processing fee for transactions involving their services.

Was this helpful?

81
66
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts