Author

Topic: Exchanges where I can deposit USD from Europe? (Read 623 times)

full member
Activity: 728
Merit: 110
I am also interesting in this question...Some EU banks already accept Bitcoin
legendary
Activity: 1288
Merit: 1087
As a user of MtGox and Cryptsy I've learned if anything goes wrong with an exchange you're not getting your money back regardless of the terms. I don't think Tether would just steal people's money while continuing operation just because their terms would allow them to do so. Such terms are most likely made just so it can get them out of some legal trouble should anything go wrong with the service like being hacked or USDT support going to crap or whatever.

Whenever they enable conversions again and I get verified I really don't care if they pay out fiat withdrawals because I'll only be sending them money.

don't say you didn't receive plenty of warning. bitfinex/ifinex's track record is disgusting.
newbie
Activity: 24
Merit: 0
stay away from USD-tether. it's owned by bitfinex's parent company and can't pay out USD. worse yet: if you read the terms, they are not legally obligated to redeem USD for your tethers. if things go bad for bitfinex, expect tether to see big problems as well.

As a user of MtGox and Cryptsy I've learned if anything goes wrong with an exchange you're not getting your money back regardless of the terms. I don't think Tether would just steal people's money while continuing operation just because their terms would allow them to do so. Such terms are most likely made just so it can get them out of some legal trouble should anything go wrong with the service like being hacked or USDT support going to crap or whatever.

Whenever they enable conversions again and I get verified I really don't care if they pay out fiat withdrawals because I'll only be sending them money.
legendary
Activity: 1652
Merit: 1483
I'm still waiting to get verified on tether.to but does anyone know if they even allow USD deposits from Europe? Whenever I get to use their services I can use USD Tether on Poloniex, Bitfinex and other popular exchanges, but is there any exchange where I can directly deposit USD in case this is a no go or takes too long.

stay away from USD-tether. it's owned by bitfinex's parent company and can't pay out USD. worse yet: if you read the terms, they are not legally obligated to redeem USD for your tethers. if things go bad for bitfinex, expect tether to see big problems as well.

Another thing I could do is trade the USD to euros and deposit those to an European exchange. Does anyone know what would be the cheapest way to do this? My bank takes a 3% fee and with high volume that would become way too expensive.

i'm not familiar with european exchanges (except BTC-e, which is history now). i do know that coinbase allows european customers and accepts SEPA deposits denominated in euros. see: https://support.coinbase.com/customer/portal/articles/1767231
hero member
Activity: 602
Merit: 501
Undeads.com - P2E Runner Game
bitstamp supported direct deposit fiat money, USD from youre bank
and bitstamp base from europa too
coinbase exchanger(Gdax) i think support too deposit use USD from europe
hero member
Activity: 812
Merit: 510
There are so many exchanges that allow you to make a bank transfer to you bank account. I have heard the wallet xapo allows you to do so and bitpanda also works. Or you can buy from coinbase exchange gdax or fro there wallet. If this doesn't work buy using your credit card from coinama
legendary
Activity: 1288
Merit: 1087
even if you get verified, you still can't send any real money in and out of tether. they don't have any international banking relationships.

tether may be ok for a day or two. it shouldn't be trusted for anything else. check their terms and conditions. they're not reassuring.

otc all the way if i were you.

newbie
Activity: 24
Merit: 0
To me it looks like Bitfinex had/has a huge backlog of verifications to do and the same people handle the verifications for tether but Bitfinex is the higher priority. Looks like they just started doing verifications on tether today. Moved 50 places in the queue today while normally it's just 5ish a day when people cancel their verifications.

For me Kraken doesn't support any USD deposits other than USDT.

Thanks for letting me know about OTC brokers, exactly the kind of help I was looking for. I'll look into them and see if they suit my needs.

I also found out cex.io  accepts USD without fees.

Transferwise might be an option too, thanks for mentioning that, though they seem to have too high fees for me.
legendary
Activity: 1288
Merit: 1087
forget usdt completely. they don't have operational banking. they also have a backlog of thousands of verification applications and they're doing a handful a day. they're gonna implode at some point.

the only other usd option in europe is kraken, but they use some shitty third party service that makes outrageous verification demands. their usd volume is also pathetic.

if you're looking only to buy then forget exchanges completely and use an otc broker. genesis trading and cumberland mining are the biggest.

if you really want to use an exchange then use transferwise to get eur.
newbie
Activity: 24
Merit: 0
Hello everyone.

I've been a long time user of Bitstamp since 2013 and never even looked at other exchanges. Bitstamp suddenly closed my account without reasoning and now I'm looking for another exchange where I can deposit USD to buy bitcoins. I receive large sums in USD (7 figures a year) and want to prevent currency exchange fees.

I'm still waiting to get verified on tether.to but does anyone know if they even allow USD deposits from Europe? Whenever I get to use their services I can use USD Tether on Poloniex, Bitfinex and other popular exchanges, but is there any exchange where I can directly deposit USD in case this is a no go or takes too long.

Another thing I could do is trade the USD to euros and deposit those to an European exchange. Does anyone know what would be the cheapest way to do this? My bank takes a 3% fee and with high volume that would become way too expensive.

Will appreciate any help or tips.

Edit: Sorry, wrong section, can't delete, please move.
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