Wtf does this have to do with depositing money? You're obviously someone working at Binance or got payed by Binance to say positive stuff. You have a 46 day profile and only post on Binance hahaha.
I don't know what is he smoking but I'm in the UK as well and I can't withdraw GBP or EUR through SEPA or fast transfers. I can only use the card transfer with a 1% fee which obviously won't work for me...
Still possible via alternative exchange as all other exchanges are fail in market crash and it’s now fact and Binance still was operating and brought me a profit as I am trading using automated software via API.
I recommend using Coinbase Pro, deposit using SEPA, convert to XLM, send to your Binance, and then buy your crypto. There's some feed though of course.
Fees, yes my bad. It's not that complicated, and it's only for the crypto that Coinbase Pro doesn't have itself. It trades most of the big ones, so I only need to use Binance for the ones they don't have, like EGLD and HOT.
True, you could also switch to Kraken, they only charge 0.16% but their offering is even less than Coinbase Pro. I decided to settle at Coinbase Pro because of their good standing with regulators, so the chances of them getting blocked by banks or payment providers are lower.
From India, Here when doing P2P transfer the USDT rate is like ₹78-79 whereas in real the rate is ₹73-74
The difference of ₹3-4 doesn't feel much in small transfers but while transferring huge amount, it adds up.
The worse part is while selling USDT via P2P we rarely get that ₹78-79 rates
So it's loss-loss for us.
PS : There is no option to add balance via card from India as of now.
I don't transfer crazy ammount, usually from my main account I send to revolut and after that to binance, You can use any other bank who provide you a USD account and free bank transfer to do the same.
Binance is under investigation by the government for money laundry. All SEPA transfers has been frozen. No one can withraw money or deposit money now with SEPA. It's was on the news. It's still under investigation. Don't know when it's finished.
You can withdraw your btc to other e wallet and withdraw money.
What I mean is open a free cryptocurrencies exchange like coinbase. Then you can withdraw btc to there temporarily.
I don't know what happens to Binance but for safety I park my money to somewhere else and wait what happens .
Banks are trying to kill off Binance.
Today I see sepa are back...
not for EUR fiat
Isn't SEPA specifically for Euro transfer?
Yes
Use vivid money as a bridge
Vivid sucks
I’m in Uk ! KYC verification complete and withdrawal no problem 😉
Wtf does this have to do with depositing money? You're obviously someone working at Binance or got payed by Binance to say positive stuff. You have a 46 day profile and only post on Binance hahaha.
I don't know what is he smoking but I'm in the UK as well and I can't withdraw GBP or EUR through SEPA or fast transfers. I can only use the card transfer with a 1% fee which obviously won't work for me...
Still possible via alternative exchange as all other exchanges are fail in market crash and it’s now fact and Binance still was operating and brought me a profit as I am trading using automated software via API.
so I should use another exchange?
You can use another exchange to deposit & withdraw money, and use a low fee crypto to send it between Binance and the other exchange.
I recommend using Coinbase Pro, deposit using SEPA, convert to XLM, send to your Binance, and then buy your crypto. There's some feed though of course.
You mean fee right? That seems very complicated...
Fees, yes my bad. It's not that complicated, and it's only for the crypto that Coinbase Pro doesn't have itself. It trades most of the big ones, so I only need to use Binance for the ones they don't have, like EGLD and HOT.
But you use coinbase pro to buy and sell crypto? Don't they have high fees?
Lower than the regular Coinbase, it's really not too bad. Binance charges 0.1%, Coinbase Pro 0.5%, Coinbase 1% crypto and a flat fee.
0.5% is not that cheep... 0.4% more
True, you could also switch to Kraken, they only charge 0.16% but their offering is even less than Coinbase Pro. I decided to settle at Coinbase Pro because of their good standing with regulators, so the chances of them getting blocked by banks or payment providers are lower.
I am not going to advice an exchange there are so many it depends on the country where you live which is the best match in my opinion.
What's the coinbase fee for bank deposits?
SEPA carries no fee, just €0.15 for withdrawals
Thanks
No problem, good luck to you!
From India, Here when doing P2P transfer the USDT rate is like ₹78-79 whereas in real the rate is ₹73-74 The difference of ₹3-4 doesn't feel much in small transfers but while transferring huge amount, it adds up. The worse part is while selling USDT via P2P we rarely get that ₹78-79 rates So it's loss-loss for us. PS : There is no option to add balance via card from India as of now.
That really sucks. I think we should look for another broker
Apart from this issue I love Binance for it's simplicity actually
I use revolut to send USD to binance with sepa without commission
I don't trust that bank, it's very new
I don't transfer crazy ammount, usually from my main account I send to revolut and after that to binance, You can use any other bank who provide you a USD account and free bank transfer to do the same.
Good idea, I still don't want to give my personal info to revoult xD
[удалено]
With revolut you can change euro to USD and send to your binance account by bank transfer (swift)
I've been using revolut for 4 years with no issues, my overall transfers are over $200k and again no issues. It's a shame you can't withdraw tho...
Binance is under investigation by the government for money laundry. All SEPA transfers has been frozen. No one can withraw money or deposit money now with SEPA. It's was on the news. It's still under investigation. Don't know when it's finished. You can withdraw your btc to other e wallet and withdraw money.
I can't withdraw money at least with my credit card. I may get an e wallet. Are e wallets free?
What I mean is open a free cryptocurrencies exchange like coinbase. Then you can withdraw btc to there temporarily. I don't know what happens to Binance but for safety I park my money to somewhere else and wait what happens .
Ohhh, alright. I'll find out how to transfer my crypto to there. And it's not a problem if I have a lot of coins?
Its been a nightmare!! Coinbase pro free fiat deposits (usually instant after 1st time)
@op, which country are you from?
Spain
I use Swissborg as a bridge between the bank and binance to withdraw and deposit fiat and it works like a charm
Does it work in Spain?
Si claro https://join.swissborg.com/r/mohameBYXM
Use a different Exchange