Moving funds from crypto CEX to UAE bank..cheaper, safe and legit alternatives to my current system?
- Thread starter JJReddick
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In my opinion no unless you want to avoid CRS. Risks? Look at Euro Pacific Bank and nuff said 😕.
If you open an account in a bankrupt third world place like PR it does not matter where your company is. Your money is not safe ultimately safe is what I am saying. You basically accept the risk in exchange for access to banking you cannot get elsewhere.
https://www.nbcnews.com/news/latino...cy-largest-public-debt-restructurin-rcna20054
https://www.nbcnews.com/news/latino...cy-largest-public-debt-restructurin-rcna20054
You think PR is bad place even when they say that they are US regulated? I mean what do you think what is better decision if we need to choose PR banks or EMIs in europe?
I am going to choose many options but anyway what do you think if︀ I have to choose? Thanks
And why CRS matters? Can you explain please
I am going to choose many options but anyway what do you think if︀ I have to choose? Thanks
And why CRS matters? Can you explain please
Choose the better regulated place.With crypto anything can happen to the bank or EMI and you want a decent regulator that will at least ensure you get back your money eventually.
Always just spread the risk around. Don't keep all your eggs in one basket. So if you do end up with a EMI in︀ Europe and a bank account in Switzerland and Puerto Rico your far better of than︁ using any one entity.
It does not matter to you, I was highlighting that people that use︂ PR banks generally are trying to avoid CRS reporting or have shady or high risk︃ activity that no other location will accept them. PR bank is never a first choice︄ for any normal business....lol
Always just spread the risk around. Don't keep all your eggs in one basket. So if you do end up with a EMI in︀ Europe and a bank account in Switzerland and Puerto Rico your far better of than︁ using any one entity.
It does not matter to you, I was highlighting that people that use︂ PR banks generally are trying to avoid CRS reporting or have shady or high risk︃ activity that no other location will accept them. PR bank is never a first choice︄ for any normal business....lol
hey man I did directly, sent USDT to an address they gave me.
I know they use Binance P2P too but I didnt use it with them
I know they use Binance P2P too but I didnt use it with them
Hey man if you are still looking for this, I have a great great plan. my friend has an exchange and wallet. it can be win win.
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