Topic: How to transfer money to an exchange (Read 557 times)
Actually the way is very easy and there are many ways to do it, if in your country the bank refuses to transfer your money on crypto exchanges, you can use Binance or Localbitcoins exchanges, here you can do what you want to transfer money by buying some crypto You need there.
You can do OTC deal. You can use escrow for safety - https://bitcointalksearch.org/topic/recommended-bitcointalk-escrow-services-2439910
There are also OTC telegram/discord groups. But always make sure to use those with high reputation (always with escrow!).
You can try with revolut virtual card - Bank transfer to revoult and then to crypto exchange. Same with paypal.
You can search for local sellers - https://localbitcoins.com/?ch=7lpq
I think this is a good opportunity.Many will be able to take advantage of it.However, I think it means that exchanges have opportunities like cards.There is an opportunity to transact through ATM card in Binance. There are also OTC telegram/discord groups. But always make sure to use those with high reputation (always with escrow!).
You can try with revolut virtual card - Bank transfer to revoult and then to crypto exchange. Same with paypal.
You can search for local sellers - https://localbitcoins.com/?ch=7lpq
In the country where I live banks refuse to send money to crypto exchanges due to some EU regulation.
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
You already know that the government and the banks are against it, and you still tried sending the money to an exchange through a bank account? There's no way it going to work, if you want to top up or deposit into your exchange account its quite easy, I have seen a few exchanges around that now accepts the use of credit cards to purchase crypto, you could give binance a try I have seen an option like that on their exchange Or another way you can buy bitcoin is by purchasing it on localbitcion . We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
Banks in my country don't allow that either, infact your account could get locked if you are caught doing any crypto transactions, so I would advice you to use sites like localbitcion to buy your bitcoin, the seller will transfer the bitcoin to your wallet, when it's in your wallet then you can send it to your exchange account its as simple as that, another way you can buy bitcoin is through exchanges, lately a few exchanges have started accepting credit cards, exchange like binance do accept credit cards, so you can buy there and you will receive it in your exchange account immediately.
It would be better if you tell us where you are from. Maybe some of the BTT members residing in the same country as yours would help but in the mean time, it will be better to use p2p services. You might need to check for them yourself but you need to be care full when dealing with exchangers. Always use a verified users. You can make use of this platform to get list of platform that have this options https://www.bestchange.com/. However platform such as binance allow direct transfer to and from many EU countries. You can also check them out to know if your country is among those that are listed for this services. A lot of countries are still not decide on what to do about regulating crypto which is reason why some financial service providers like banks might not allow such services
OTC with trusted individuals and escrow will be perfect, you can also send the funds too your friend in a country where there is restrictions on crypto funding to do the exchange and send exact value to you. Alternatively You can also use localbitcoins or paxful and check for a means that will be easier with good rates. Also be careful and avoid rippers.
What about if you ask someone here on Bitcointalk as an escrow to help you with transferring your funds to an exchange? With the strict regulation of your country with regards to banks and cryptocurrency, there's no way you can transfer your funds without relying on OTC and peer to peer transactions.
Just use VPN for an extra layer of security for your transactions, I can advise that you use decentralized exchanges in which you will not need any accounts or verification in order to fully use the trading site.
Just use VPN for an extra layer of security for your transactions, I can advise that you use decentralized exchanges in which you will not need any accounts or verification in order to fully use the trading site.
Like others said, there are if not exchanges, sites that accept credit card as a form of payment when buying bitcoin. I know you won't be getting the best price and have to pay a little more fee than usual, but if you don't have any other option, then do this. Though since bank transfers are not allowed to buy crypto currencies, I have a feeling your credit card might get frozen if the bank knows you are buying bitcoins with it. So you next option would be to buy crypto vouchers and redeem those. More absurd fee though.
Or you can always do p2p trading. Look for someone who is selling bitcoin.
Or you can always do p2p trading. Look for someone who is selling bitcoin.
Yes, of course, there are a lot of options, you can buy cryptocurrency with a bank card directly, if not, then in many countries there are special bitcoin ATMs with which you can purchase cryptocurrency using cash in a few minutes, so if dealers who sell cryptocurrency for cash, that is, you come to them, give them cash and they transfer the cryptocurrency from their wallet to your wallet
In the country where I live banks refuse to send money to crypto exchanges due to some EU regulation.
You can use some exchange review sites and their filters to find some for you:https://www.cryptowisser.com/exchanges/
https://exchangewar.info/
https://blockspot.io/exchange/
Your question is not clear. Send money to crypto exchange, what does it mean?
If it is about buying crypto with fiat (bank transfer, credit card) you can search with filters on sites I gave you. P2P marketplaces can be good but you need to choose good reputed trade partners to avoid money laundering and scam. Trade with bad trade partners can cause freeze on your credit card, bank accounts.
Help: A list of LocalBitcoin alternatives (P2P marketplaces)
https://hodlhodl.com/
https://bisq.network/
You can lend on hodlhodl.com too Lend at Hodl Hodl: True P2P Bitcoin lending is here
Indeed, not all countries accept cryptocurrency, if a bank in your country refuses to send money to crypto exchanges,
means that your country does prohibit cryptocurrency transactions. If the conditions are like that, you can use P2P platforms
or ask for help from your friends who are in countries that accept cryptocurrency. You can also ask for help from members of
this forum who have a good reputation and don't forget to use escrow for transactions to be safe.
means that your country does prohibit cryptocurrency transactions. If the conditions are like that, you can use P2P platforms
or ask for help from your friends who are in countries that accept cryptocurrency. You can also ask for help from members of
this forum who have a good reputation and don't forget to use escrow for transactions to be safe.
If banks refuse their users to send money to any crypto-related due to their regulation, maybe ATM will not work as well. But you can still try the exchanges like binance and see if there is an option for you to initiate the transaction. If this will not work, then your only option is to do P2P, this might be risky on your part but this is the only way.
~snip~
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
If you may know which exchange you want, if you are a Binance user you can contact me, I am here registered as an official P2P Binance partner. You can contact me via this forum, or see my bitcointalk profile you can see my Telegram name. Contact me if you are interested I will help you, it doesn't matter. You don't need to worry I'm not a fraud.😁 Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
the only way you have to have a friend or whoever has access to the exchange. I've heard of people who open services for transfers or wd from an exchange but with a fee. I hope this helps
In the country where I live banks refuse to send money to crypto exchanges due to some EU regulation.
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
Why not try to use paypal or just send your fiat money directly to exchange using credit card in order for you to buy crypto. What if you try also using your local bitcoins or through your friends. I think there are some other ways in your country on how you can send money to crypto exchange.
Why not try transfer at ATM ?
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
It's obvious that ATM machine can do the work perfectly because in my country we do use ATM machine for transactions especially to purchase any online things provided that the credit card or debits card is available with the aid of your bank, may be the way it's here it varies based on country banking system. Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
If I may ask, which country do you belong? Do you also use LocalBitcoins for P2P trading? I’ve used Perfect Money before, but I didn’t know that it can be used for buying cryptocurrency. And if only Paypal enables transfering cryptocurrencies from their payment gateway to an exchange, that would be great. However, I don’t think they have that feature just yet as we can just simply buy, hold or convert them to fiat.
I am from Bangladesh. Currently, Bangladesh is one of the few countries where cryptocurrency is totally illegal. Using cryptocurrencies can lead to 12-year jail.
We use LocalBitcoins and Paxful for buying Bitcoin with a local payment method eg Bank, MFS, etc.
If we buy Bitcoin with Perfect Money, there is some exchanger who takes PM and gives Bitcoin.
All of this process has risks. So, we can't buy a bigger amount.
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
Yes you are right currently in many developing countries exchanging crypto and bitcoin through banks is very difficult so most of members are using alternative like perfect money, payeer and few have payoneer as these are doing good job until now hopefully we will able to have some soft policies in near future about related to crypto and bitcoin.We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
There are many alternative ways that can be used, for example, you can use an exchange, so that we can exchange it from crypto to local finance. And as we know that paypal itself is currently adopting bitcoin as their means of payment, so we can exchange it via paypal and convert it to USD for example.
Why not try transfer at ATM ?
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
He clearly Say that banks don't want to Transfer in Exchange so what more the ATM machine can do,Because of the regulation EU implemented ,better say Credit card or Visa card in which he can Purchase Directly in binanc.Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
Well maybe OP has Limited resources and looks like Newbie in Crypto so His connection is not enough to Find place where to Buy and Sell Bitcoin.We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
But with all the answers Given sirely in a couple of days He'll be one of the traders or maybe Holder in Market.
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
If I may ask, which country do you belong? Do you also use LocalBitcoins for P2P trading? I’ve used Perfect Money before, but I didn’t know that it can be used for buying cryptocurrency. And if only Paypal enables transfering cryptocurrencies from their payment gateway to an exchange, that would be great. However, I don’t think they have that feature just yet as we can just simply buy, hold or convert them to fiat.
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
Yes you are right currently in many developing countries exchanging crypto and bitcoin through banks is very difficult so most of members are using alternative like perfect money, payeer and few have payoneer as these are doing good job until now hopefully we will able to have some soft policies in near future about related to crypto and bitcoin.We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
These alternative payment medium also adopting Bitcoin. Like Perfect Money has a wallet for Bitcoin. In this wallet we can receive bitcoin. Another payment medium Webmoney accepts Bitcoin and Litecoin. They have WMX and WML purse to accept cryptocurrency.
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
Yes you are right currently in many developing countries exchanging crypto and bitcoin through banks is very difficult so most of members are using alternative like perfect money, payeer and few have payoneer as these are doing good job until now hopefully we will able to have some soft policies in near future about related to crypto and bitcoin. We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
In my country, cryptocurrency is totally illegal. If anyone transacts cryptocurrency he may go to jail. So how do we use cryptocurrency?
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
We don't use banks. We do P2P trade. Alternatively we use Perfect Money for buying cryptocurrency. I think it might help you.
We also face the same problem. That is why we have to use third party website to convert cash to crypto. Here is my suggested 2 best and Most popular service provider.
1. https://localbitcoins.com/
2. https://paxful.com/
Warning: Remember both site are working p2p trading that means you have to be careful before send money some one. Check his trust score and try to exchange with verified users which will be safe.
1. https://localbitcoins.com/
2. https://paxful.com/
Warning: Remember both site are working p2p trading that means you have to be careful before send money some one. Check his trust score and try to exchange with verified users which will be safe.
Many option available like localbitcoin some exchange accept creditscards like binance find your person they pay bitcoin you sent cash face to face deal some country legit crypto currency like india Australia south korea maybe your country accept crypto currency you easy transfer money to an exchange
You could attempt with Localbitcoins, there you don't move cash to the trade, there you move the cash to the person who is selling them, and they can change the subject of the exchanges, something like 'PC deal'. On the off chance that you will attempt this administration make sure to make the arrangement with a confided in vender on the grounds that a ton of novices are con artists there. In this way, be cautious.
Another approach to attempt to purchase bitcoin in assistance like eBay, the rate is horrendous yet in any event, it's conceivable.
Another approach to attempt to purchase bitcoin in assistance like eBay, the rate is horrendous yet in any event, it's conceivable.
If I may ask can't the transaction work with debit card?
What is the full meaning of P2P?
Is P2P a currency.
What is the full meaning of P2P?
Is P2P a currency.
Its "Peer-to-peer" - https://en.wikipedia.org/wiki/Peer-to-peer. Transaction between users without exchange in the middle.
I know some exchanges accept creditcards... If i'm not mistaking, binance is an example of such an exchange.
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Binance has P2P services as well. At least you are dealing with reputable exchange. By the way, what is the fiat money of the OP?
https://p2p.binance.com/
As others have suggested, he can check the nearest bitcoin ATM in his locality. Or other p2p sites, but make sure that the site is legit as there are a lot of scammers these days.
Where did you get this link from? I've seen it multiple times but when i go to binance peer to peer section i'm on this site:
https://c2c.binance.com
If you did not copy p2p.binance directly from binance.com than don't spread it around. I'm afraid it can be a phishing site.
I know some exchanges accept creditcards... If i'm not mistaking, binance is an example of such an exchange.
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
If I may ask can't the transaction work with debit card?
What is the full meaning of P2P?
Is P2P a currency.
Why not try transfer at ATM ?
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
It could be a big problem since their country is not a crypto-friendly. And that to expect that there is no crypto ATM available at their place.Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
This a big struggle for all crypto holder when there is no support from the government, instead of hearing it but it was only the hate comes out.
It might be there is a reason why it goes like this.
@OP, P2P is the best option that might have to take. Other than that just like direct selling to another person in fiat could be of high risk and that only be your last option, otherwise, you will have to wait until the moment that your country will be open for crypto.
I know some exchanges accept creditcards... If i'm not mistaking, binance is an example of such an exchange.
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Binance has P2P services as well. At least you are dealing with reputable exchange. By the way, what is the fiat money of the OP?
https://p2p.binance.com/
As others have suggested, he can check the nearest bitcoin ATM in his locality. Or other p2p sites, but make sure that the site is legit as there are a lot of scammers these days.
I know some exchanges accept creditcards... If i'm not mistaking, binance is an example of such an exchange.
Yes, Binance has this method. This article also has a tutorial.How to Buy Crypto with Credit /Debit Card.
That's right, buying form the p2p exchange or either in an ATM machine near you through the help of this https://coinatmradar.com/, just simply input the place where you live.
I have a tip for you if you want to transfer with the cheapest fee, don't use your credit card because that has a ridiculous fee but the good thing is a very fast transaction, while on the other hand bank account is slower but it has a low fee.
Juts follow of what suggested above they are also good suggestion.
I have a tip for you if you want to transfer with the cheapest fee, don't use your credit card because that has a ridiculous fee but the good thing is a very fast transaction, while on the other hand bank account is slower but it has a low fee.
Juts follow of what suggested above they are also good suggestion.
In the country where I live banks refuse to send money to crypto exchanges due to some EU regulation.
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
I don't know what EU regulation is stopping your bank to send money to crypto exchanges? Probably it will be good for you to enquire with them and clarify the matter. Do you make high value transactions from your bank account to abroad frequently?
I see only one option for you - p2p trading! If you really want to make money out of trading, then p2p trading will be best for you in this situation.
You may also want to try credit card payment. But again, your bank may block your credit card if they find anything related to crypto. So use with caution!
You could try with Localbitcoins, there you don't transfer money to the exchange, there you transfer the money to the guy who is selling them, and they can change the topic of the transactions, something like 'Laptop sale'. If you will try this service remember to make the deal with a trusted seller because lot of newbies are scammers there. So, be careful.
Another way i to try to buy bitcoin in a service like ebay, the rate is terrible but at least it's possible.
Another way i to try to buy bitcoin in a service like ebay, the rate is terrible but at least it's possible.
There is still a way for you to transfer money to exchange.
Look for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
I think there are many ways you can do it, but if you are confused, you should enter your country forum there, you will be able to get the best solution because maybe you can find out the situation about your own country against cryptoLook for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
You know here is a platform were you will know what you don't know and also anything concerning cryptoccurrency discussion always broad ,can you just give us a little idea of it so that it will enable the user's to research very well.
There is still a way for you to transfer money to exchange.
Look for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
I think there are many ways you can do it, but if you are confused, you should enter your country forum there, you will be able to get the best solution because maybe you can find out the situation about your own country against crypto Look for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
There is still a way for you to transfer money to exchange.
Look for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
Look for exchange that accepts credit card payments. I'll put this link for reference (https://cryptoradar.co/buy-bitcoin/credit-card)
Other way is to navigate to localbitcoins.com and find someone near you and negotiate, also there are ATM option if there is one near your place.
Why not try transfer at ATM ?
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
NOTE.
I think Binance & Indodax accepted money transfer
You can do OTC deal. You can use escrow for safety - https://bitcointalksearch.org/topic/recommended-bitcointalk-escrow-services-2439910
There are also OTC telegram/discord groups. But always make sure to use those with high reputation (always with escrow!).
You can try with revolut virtual card - Bank transfer to revoult and then to crypto exchange. Same with paypal.
You can search for local sellers - https://localbitcoins.com/?ch=7lpq
There are also OTC telegram/discord groups. But always make sure to use those with high reputation (always with escrow!).
You can try with revolut virtual card - Bank transfer to revoult and then to crypto exchange. Same with paypal.
You can search for local sellers - https://localbitcoins.com/?ch=7lpq
I know some exchanges accept creditcards... If i'm not mistaking, binance is an example of such an exchange.
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
Your other options would be P2P trades with cash (or any other form of currency accepted by the P2P trader)
In the country where I live banks refuse to send money to crypto exchanges due to some EU regulation.
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
We do not have SEPA just SWIFT - International money transfer and bank do not want release the SWIFT payment to exchange.
Are there some practical alternatives to SWIFT and is there another way to send money to exchange?
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