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Options for minimal fee investing? (sh.itjust.works)

submitted 11 months ago by Imgonnatrythis@sh.itjust.works to c/cryptocurrency@lemmy.ml

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I had invested through sofi but they just dropped crypto. I use an exodus wallet for practical crypto purchases and typically import via cash-app BTC purchases. For larger investing amounts bringing funds into exodus directly involves moonpay which has high fees. Recommendations for a reliable low fee way to invest in a few different coins?

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[–] makeasnek@lemmy.ml 2 points 11 months ago

Use a proper exchange like Coinbase, Kraken, etc they will have reasonably low fees. You can then keep your coins on that exchange or withdraw to your own self-custody wallet.

[–] shortwavesurfer@monero.town 1 points 11 months ago* (last edited 11 months ago)

What i do is buy usdc through coinbase, send it via polygon network to an external wallet, use trocador.app to switch it to whatever i want (note: you need some MATIC to cover gas fees so the first time i would buy MATIC from coinbase as well as the usdc). If coinbase no longer offers matic buy some litecoin and use trocador.app to convert it to matic