How to avoid the depreciated local currency and Exchange control?

JeffBrad12

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.
but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.
so any better options which charge low rate?

The possible way for you to decrease the charge through the P2P method. I mean about person to person. You will be able to decrease your cost fees because you just pay a little for using escrow.
With using the service you will pay a lot caused by the service needs a lot of money to keep his business still run.
If you don't want to get a high fee and try using a personal transaction through escrow to give more guarantee for you.
This way makes sense in my mind.

Victorycoin

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

so any better options which charge low rate?

I believe it is the solution to your quest that brought you here and I want to say, you are at the right place! Bitcoin is the answer to depreciated local currencies or exchange control - government meddling! Unlike fiats, inflation is no threat to Bitcoin, because it has a limited supply and cannot be printed with reckless abandon as does fiats. Its exchange rate is totally out of the control of any government and the fees are not outrageous. You will find that is the situation in countries like India, Venezuela and Mexico.

Idrisu

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Quote from: klarki on May 12, 2017, 03:56:12 PM

How high is it?
Try to find a seller from your region.

wanted to ask the same question." How high is the charges"? I do convert all my coins to bitcoin using sites like livecoin or poloniex and sell them to the local traders in my city. So I think it depends on the region you came from my charge is quit ok.

klarki

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How high is it?
Try to find a seller from your region.

mrcash02

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

so any better options which charge low rate?

They charge high rates (fees) on your transactions fiat to BTC or BTC to fiat?

If so, you need to find an exchange with better rates, that doesn't charge so many % over your transactions. To solve this problem it's necessary competition among the exchanges, so the best service will have more customers. Try to find another exchange and check if the rates are better.

Kevin77

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

so any better options which charge low rate?

These types of restrictions are being broken my people by forming a community of like minded people. Ask your friends/colleagues about how they are dealing with, one of your friend or your friend's friend might be already dealing with these restrictions in a smooth way just join with them. You can find your local folks here in this forum also. Post your requirement accordingly in currency exchange/ services/local boards.

~Bitcoin~

legendary

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You can search for someone near by you , who is willing to sell his bitcoin for hand cash. In this way you will save all possible taxes as well as your government can't track that you have purchased some bitcoin. Paying a little bit more for this types of deals is reasonable as it helps you to protect your personal privacy.

maku

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.

Are you talking about countries with weak economy where fiat money is hyperinflating?
What exchanges are you talking about BTC to Fiat or something else?

Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

What online payment are you using? Fiat based centralized service?
If you are not pleased with the terms of this service just stop using it, find another one, there is more way to transfer your money that just one service.

Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

so any better options which charge low rate?

Yes using cryptocurrency. Unfortunately if you are looking for near zero fees then Bitcoin is not an option anymore as standard transaction will cost you almost $1. (55k satoshi)

condoras

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Quote from: Cathy1701 on May 10, 2017, 03:46:27 AM

Hi, i know some of country facing depreciated local currency and Exchange control.

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

so any better options which charge low rate?

It would be good and easier for us to understand what you want, if you be more specific and clarify some things.
For which country are you reffering, you make internasional wired transactions, what currency, fiat or crypto...

Cathy1701

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Hi, i know some of country facing depreciated local currency and Exchange control.

but i try some online payment, they always charge high rate when i make a transfer or withdraw.and they will charge some hidden fee.

so any better options which charge low rate?

Topic: How to avoid the depreciated local currency and Exchange control? (Read 622 times)