Buying crypto with Transferwise?

[Jerry1911]

Does anyone know if Transferwise allows transfers to Binance for example? I have some funds (low 5 digits) on my personal Transferwise and I'd like to buy some crypto.

Option B is to withdraw cash using Transferwise card and give it to my friend in exchange for crypto.

 

[CaptK]

Don't use TW with any crypto exchange they will close your account.

Option B is the better option.

 

[Jerry1911]

And what about sending money from Transferwise to Paysera or Wirex for example?

 

[Martin Everson]

Jerry1911 said:
And what about sending money from Transferwise to Paysera or Wirex for example?
Click to expand...

You think Wirex is not a crypto company...lol?

TW's terms and conditions are clear.

....

1.2.2 Financial and other professional services​

• Binary options.
• Escrow services.
  1. Using Wise Borderless account as an escrow account.
• Companies involved in the exchange or trading of cryptocurrencies, or any other virtual currencies.
  1. Including payments for the purpose of purchasing cryptocurrencies.

.....

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Jameso]

Transfers to FTX work for now.
Don't know about ban risk though .

 

[DavidS]

Jameso said:
Transfers to FTX work for now.
Don't know about ban risk though .
Click to expand...

Can you actually withdraw your crypto from FTX?

Is it a legit broker?

And can transferwise still allow deposits to FTX and other crypto exchanges?

 

[CaptK]

DavidS said:
Can you actually withdraw your crypto from FTX?

Is it a legit broker?

And can transferwise still allow deposits to FTX and other crypto exchanges?
Click to expand...

Last time I checked Wise is not accepting crypto payments but that was like 9 months ago.