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Which Exchange Offers The Lowest Transaction Fee to Buy Bitcoin?

2022-05-04 09:14:03
Where Is The Best Place To Buy Bitcoins Instantly?
While many people were expecting and speculating if a big increase in the price of Bitcoin would happen in early May, the trend for Bitcoin is steady at around $40,000 with no change. The current price might be a good time for investors to invest, after all, the price is relatively nearly $10,000 lower than it was in April when it peaked at $48,000. Will the price of Bitcoin go up in May? That's a highly likely unknown answer.

However, how do you choose a good exchange to invest in and trade on with the current price of Bitcoin? It's about the exchange's transaction fees and the real-time price changes of the cryptocurrency.

The most recommended one is Gate.io, an international digital currency exchange, which is a top 10 exchange in the world with 9 years of experience. It has 1300+ cryptocurrencies, including mainstream currencies such as BTC, ETH, USTD, and various smaller currencies such as SafeMoon, allowing investors to take advantage of the token rise in advance.

What's more, the transaction fees on Gate.io are very low compared to other exchanges, Maker Fees: 0.025%, Taker Fees: 0.03%. At the time of writing, the price of Bitcoin on Gate.io is $38,595.65, down 4.7% in the last 7 days, up 0.2% in 24 hours, and with a volume of $28,947,290,000. Lower fees make it easier for investors to optimize their assets.

Will The Price of Bitcoin Rise in May?

As we know, even the cryptocurrency market is linked to the US financial markets. Looking at the S&P 500, it has fallen since April 28th when it reached its recent high of $4,299.97, and with it, the Bitcoin price live is also falling. However, on May 2, the S&P 500 began to trend upward, reaching $4,155.38. It is believed that the price of Bitcoin will soon receive some impact as well.

Adding to the Fed's influence, the U.S. economy shrank by 0.4% in the first quarter of 2022, and macro uncertainty has been driving all risky investments down over the past few months, including cryptocurrencies such as Bitcoin. Earlier the Fed chairman has hinted at a 0.5% rate hike. Perhaps the impact of all this will be reflected in the market soon.
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