Buy bitcoin with TransferWise

[scanner69]

hello

whats the best way to buy bitcoin with transferwise ??


i found some exchangers they requrired verification like only for usa to buy resedint to buy bitcoin

any suggestion ?

i dont like to use localbitocoin i feel not safe

 

[CaptK]

Transferwise may shut your account as they don't like crypto business in any form.
I know some who have got away with it.

 

[bilderberger]

Yep it's in TransferWise Terms of Service. You can't use their service to send money anywhere for crypto related anything. So no card payments or bank transfers to exchanges or intermediaries, they will close your account immediately if they think those terms are breached.

 

[rowena]

It is going to end with account closure and frozen money.

 

[nomad999]

Find a global exchange that deal with both crypto and regulated stuff like stocks.

Swissquote is good option, you can withdraw btc and eth.

 

[opticoin]

nomad999 said:
Find a global exchange that deal with both crypto and regulated stuff like stocks.

Swissquote is good option, you can withdraw btc and eth.
Click to expand...

Is Swissquote a BANK or an EMI? Does it does CRS?

 

[nomad999]

opticoin said:
Is Swissquote a BANK or an EMI? Does it does CRS?
Click to expand...

Not an EMI at all. They have a full fledge swiss bank licence regulated by FINMA.

 

[EliasIT]

nomad999 said:
Swissquote is good option, you can withdraw btc and eth.
Click to expand...

are they similar to kraken which is an exchange & trading platform or are they more like AdvCash which is an exchange of multiple currencies and payment methods?

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[nomad999]

Its a big security/forex broker like interactivebrokers or Charle Schwab and they support crypto, same way as kraken yes.
but they have a banking license so you get a bank account with your trading account, with some restrictions i think but still very good.

 

[Piano]

nomad999 said:
Find a global exchange that deal with both crypto and regulated stuff like stocks.

Swissquote is good option, you can withdraw btc and eth.
Click to expand...

i have binance account with BTC , Can I open and use a Swissquote account to withdraw my BTC without any problems ?

 

[Piano]

I mean , can I deposit from binance to Swissquote as my first deposit ?