ConvertL8
BANNED
- Jun 9, 2024
- 6
- 1
Hello, brothers and sisters:
I am in Australia and need to transfer small amounts ($20-40 per week) regularly to a kind person who lives in a sanctioned country. I can only transfer money to them via cryptocurrencies.
All Australian banks are firmly against cryptocurrencies, so I can't buy them directly. Until recently, I used the Binance (later ByBit) cryptocurrency exchange and bought crypto from people there using Wise via P2P to transfer my AUD to them. My recipient was also registered on Binance, so the rest was easy.
It seems that the whole world is scrambling for cryptocurrencies. Not sure how to make small transfers now? I was going to try Revolut, but then I read too many reports about them being unreliable.
PS: I prefer USDT (Tether) because I only use cryptocurrencies as a transfer method
I am in Australia and need to transfer small amounts ($20-40 per week) regularly to a kind person who lives in a sanctioned country. I can only transfer money to them via cryptocurrencies.
All Australian banks are firmly against cryptocurrencies, so I can't buy them directly. Until recently, I used the Binance (later ByBit) cryptocurrency exchange and bought crypto from people there using Wise via P2P to transfer my AUD to them. My recipient was also registered on Binance, so the rest was easy.
It seems that the whole world is scrambling for cryptocurrencies. Not sure how to make small transfers now? I was going to try Revolut, but then I read too many reports about them being unreliable.
PS: I prefer USDT (Tether) because I only use cryptocurrencies as a transfer method
