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]

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

 

[nomad999]

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

 

[EliasIT]

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?

 

[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]

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 ?‌