Binance FZE (UAE) launching early December

[myself]

PinkCat said:
Of course we do, I don't think they have a way to know about our 2nd residency, so its up to us to disclose that or not.

Ideally I want both though. Binance global for the liquidity, Binance UAE for the UAE specific off/on ramps.
not that binance global p2p isn't good enough for me right now, but always good to have more options.
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Did you try BitOasis for off/on ramp? They're not bad. They have a USDT/AED pair with $75 mil daily volume. You can generally sell USDT for AED at about FX rate easily then transfer the AED to your bank account. It usually takes me a couple of business days to receive the money in my bank account.

https://bitoasis.net/en/prices/USDT-AED

Edit: you may need to be aware of the "travel rule" they recently added for compliance. They'll need up to 3 business days to verify the transfer in.

https://blog.bitoasis.net/bitoasis-travel-rule-compliance-announcement/

 

[PinkCat]

myself said:
Did you try BitOasis for off/on ramp? They're not bad. They have a USDT/AED pair with $75 mil daily volume. You can generally sell USDT for AED at about FX rate easily then transfer the AED to your bank account. It usually takes me a couple of business days to receive the money in my bank account.

https://bitoasis.net/en/prices/USDT-AED

Edit: you may need to be aware of the "travel rule" they recently added for compliance. They'll need up to 3 business days to verify the transfer in.

https://blog.bitoasis.net/bitoasis-travel-rule-compliance-announcement/
Click to expand...

Yes I've registered with them but haven't did transfers out yet, since so far i get better rate with binance p2p
also not sure how Dubai banks will react to incoming wires from them.

 

[myself]

PinkCat said:
Yes I've registered with them but haven't did transfers out yet, since so far i get better rate with binance p2p
also not sure how Dubai banks will react to incoming wires from them.
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WIO is ok with BitOasis. I even asked their support and they said it's fine. CBD has been tolerant to USD transfers from kraken. Which banks do you think are ok with p2p?

 

[PinkCat]

myself said:
WIO is ok with BitOasis. I even asked their support and they said it's fine. CBD has been tolerant to USD transfers from kraken. Which banks do you think are ok with p2p?
Click to expand...

that is good to know, thanks!
WIO has been fine with p2p so far too.