Hi all.
Last year, many of my friends (most of them were entrepreneurs and startupers) decided to move to other countries. Many of them wondered how to pay money to their contractors and crypto partners using traditional payment methods (bank cards, checking accounts, etc.). I also noticed that other people from my circle (many of them freelancers), on the contrary, began to ask how to receive money and payment from their crypto contractor clients from other countries. Over these few months, I have heard many stories of financial agony.
The average situation looks like this:
Alex lives in city A and works with foreign companies: they pay more than customers from his home country, but there is a problem with double taxation and a desire to optimize additional costs for this. Crypto is an obvious option to solve the situation. I tried methods and services for accepting crypto payments - again they ripped off half of my income on commissions, went to a crypto exchange - I didn’t understand anything, and then they completely threw me money through P2P)), in general it’s sad. Then Alex came across the
https://www.swaps.app/ service, which helped solve the problem. This tool, as I understand it, was first developed as a ramp for buying and selling crypto and was later supplemented with the Receive product, which I decided to try. Swaps is completely legal and operates under licenses, so there were no concerns about scams. It took 5 minutes to understand how Receive works; there is a detailed guide here
https://www.swaps.app/receive-crypto. The customer needed an invoice that could be paid by credit card or transfer, and Alex needed payment in crypto, namely Bitcoin. In Swaps Receive, Alex clarified the payment details, the USD amount indicating the equivalent in crypto, entered his wallet address and generated a link - an invoice which he sent through the messenger to his customer. The customer, in turn, paid for this link - invoice with a bank card, paid 3.99% for this transfer, and Alex received the payment as he wanted instantly and in BTC.
It turned out to be a cool case that I also tried and now actively use it too. There are a lot of such transfers to my happiness and I am increasingly withdrawing these funds from my crypto wallet to a bank card, and the question is how to do this as much as possible without the risk of blocking from the bank?
