You only need 1 wallet.
What you will need is either 2 accounts with reputable online exchange sites or know people on both continents that will trade BTC and the fiat money with you.
You can search for people on localbitcoins.
Topic: Question concerning transfers! (Read 357 times)
ok I am not sure what is the best way to ask this questions i'll set up a situation for you.
Lets suppose I own two business one in US, and one in South America. So in order to fund the operations I need to transfer money back and forth constantly. Right now that transaction requires high frees and double tax, which adds up to big losses.
Now if i am getting this right i can set up a few bitcoin wallets. One linked to my South American account and one to my US account, and transfer money via bitcoin to be funded with no taxes and very small fees. I am new to bitcoin and want to understand if there is anything I am missing here that will not allow me to do that. Because if this transactions is possible it will save me a lot of money!
Thank you and I look forward to the feedback and advice.
Lets suppose I own two business one in US, and one in South America. So in order to fund the operations I need to transfer money back and forth constantly. Right now that transaction requires high frees and double tax, which adds up to big losses.
Now if i am getting this right i can set up a few bitcoin wallets. One linked to my South American account and one to my US account, and transfer money via bitcoin to be funded with no taxes and very small fees. I am new to bitcoin and want to understand if there is anything I am missing here that will not allow me to do that. Because if this transactions is possible it will save me a lot of money!
Thank you and I look forward to the feedback and advice.
Jump to: