Methods to get from TW to crypto exchange

taddeus

New member
I have a USD borderless account with Transferwise and I'm trying to get it into an exchange. So far, I have tried (and failed) to deposit (fiat) to Paxos, Kraken, Bitstamp, Bittrex to no avail. Ideally I would like to do a fiat USD deposit to an exchange.

Any thoughts? I'm not based in the UK/ USA and I don't have a Revolut account.
 

taddeus

New member
Paxos - doesn't process deposits from payment processors. TW payment completed. Paxos rejected and returned funds.
Rest - TW blocks transfer during the transfer process (ie TW doesn't allow the payment to even be sent, there's a blacklist which prevents the user from completing the transfer order)

Ideally I would like to avoid p2p (hodl or localbtc) as there's a 2.5% charge.
 

nomad999

Active Member
Thx for the feedback, very interesting.

Give a bit more details on your context, surely someone should be able to help you get a bank account somewhere.
 

taddeus

New member
Well, I'm not based anywhere around Europe or North America. Ideally I would like to open a "normal" bank account in the US and then move fiat to crypto in USD. Otherwise, I'll need to convert USD to XXX currency, which isn't the best option. Have quite a few grand to move to crypto so looking at the most economical option.

My destination is Binance.
 

nomad999

Active Member
Maybe try a suisse based crypto exchange, their banking partner might not be blacklisted or even considered as crypto business.
Did you try binance fiat deposit through visa/mastercard ?

Edit : Nevermind, missed the low fees requirements
 

taddeus

New member
Looking at fiat to crypto and not crypto to fiat. Also I don't have a USB bank account, so I can't do TW --> US bank --> Kraken
 

taddeus

New member
let me go through the process at bitcoin suisse. it might get flagged at TW if the registered entity has "Bitcoin" in it
 

nomad999

Active Member
let me go through the process at bitcoin suisse. it might get flagged at TW if the registered entity has "Bitcoin" in it
yeah actually good point. Check my recent post on swissquote, perhaps something there.
 

EUR99

Active Member
You really are not helping yourself by trying to do this with USD
USD has to go via intermediaries - need we go into the problems faced by USD transactions these days let alone being linked to crypto
 
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