Whats The Cheapest App for DCA Bitcoin Purchases?

Just want to set up a regular direct deposit and buy. Have been using kraken pro but i thought the fee for dropping aud and a purchase was a bit steep.

Whats everyone else using? Im just intending to build to a set amount and send it to cold storage.

Comments

  • +2

    Kraken Pro fees are 0.40% for taker on order books. You’re not going to get much better than that.

    • +1 on kraken pro I use them for all my crypto now that binance is out.

      0.25% for maker if you are patient instead of 0.4% and just post a limit order with post-only ticked.

      Every other exchange seems to have deposit fees or other fees which net out far worse than kraken imo

      • I use them for all my crypto now that binance is out.

        What happened with Binance?

        • +2

          Got booted out of australia and lost all the payid stuff etc so couldn't really onramp or offramp. Binance itself is fine.

      • Try Bitaroo. nothing beats them.

        Trading fee - Maker 0.15% Taker 0.19%
        Deposit above $1000 free
        Withdraw - 0.0001 BTC

  • +1

    Sportsbet is free so long as you turn the amount over that you put in.

    Seems like a more fun way to do it with the same outcome.

  • Bitaroo. not only lowest fees in AU but also cheap to transfer out.
    Use economy transfer.

    • What are their fees?

      • +1

        Trading fee - Maker 0.15% Taker 0.19%
        Deposit above $1000 free
        Withdraw - 0.0001 BTC

        Its the most reputable among Bitcoin only community.

        They don't spend money in advertisement and promotional BS. also no alt coins. making them less known among crypto bros.

        • Thanks. I hadn't heard of them before.

  • Officeworks has a range of options to put your money into with much the same end result.

    https://www.officeworks.com.au/shop/officeworks/c/technology…

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