Crypto exchange using EMI

[Lotusoscar]

Hello everyone.

I'm looking for a crypto exchange platform that use an EMI for fiat withdrawals, our bank account is not crypto friendly and we would not want the transfers received to be linked to a trading platform.

I was using a platform that sends transfers from an EMI, but they stopped their partnership few months ago. Please, if you know such platforms, it will be very helpful for me.

Thank you verry much for your help !

 

[CaptK]

You could try Bankera speak to @Gediminas otherwise you will need to do do a‌ P2P or OTC for cash out.

 

[Lotusoscar]

Thank you for reply Captk.

If i cashout via kraken OTC Service. Will the transfer‌ be sent from another company ?

 

[Martin Everson]

You can look at⁠ BTC-Exchange which uses MisterTango - same ownership if I remember. You can also try⁤ Bitonic which uses Bunq bank. But Bitonic is just BTC.

 

[Lotusoscar]

Thank you for your help but Exmo and Bitonic are⁠ not accepting my country.

 

[Simon4466]

which country needs to be accepted? Helps to narrow the search.

 

[Lotusoscar]

Our company and bank account are in tunisia. Thank you

 

[Simon4466]

Ahh, that might make it more difficult. Aren't crypto transactions mostly banned in all Muslim‌ countries due to them being too speculative (not 100% sure)?
In this case you may‍ want to try a more 'unregulated' exchange as Perfect Money / Payeer of the sorts?⁠ Although this of course is much higher risk.

Sorry but I am really not sure⁤ what the best course of action would be in your situation. I hope that someone⁣ else is maybe able to help.

 

[Martin Everson]

eek¤%&

Ok you‌ can try Luno exchange and link to Finductive.

 

[CaptK]

Finductive won’t do it they have got really difficult recently.

 

[Lotusoscar]

Thank you for your help guys

 

[cangarooo]

Hey guys! Linked to this topic, I've a need.
Will try to explain but please‌ know that I'm not familiar withh crypto.
- I've a UK Ltd. (if this matter)‍
- My bank account is in Ireland and works with EUR and GBP
- More⁠ and more customers are asking to make payments in BTC
- My bank is not⁤ crypto friendly and is rejecting any amount coming from crypto related wallets or exchange
What is the best, fastes and possibly cheapest (if not free) way to allow my customers⁣ to pay me in BTC knowing that at the end I need to get EUR⁢ on my existing bank account?
Ah, forgot, i would not like to have to make︀ 3 transactions to get money on my final bank account ;-)

I checked the solutions︁ here listed (f.i. BTC-Excahneg, Bitonic, etc.) but they are tracked as wallet or exchnage so︂ payment will not be accepted.

Hope I've explained well my need.
TX

 

[Simon4466]

Probably should open an account with a crypto friendly EMI, use that to receive your‌ crypto payments, and then send it back to your bank account?
Just ensure that your‍ bank does not view the EMI as crypto only, for instance, a Bankera account will⁠ probably be better for a non-crypto accepting bank whereas a Spectrocoin account might be too⁤ closely linked towards cryptocurrencies.

If you want to be able to accept the payments yourself⁣ as well, you could look into running a btcpay server to do it yourself, or⁢ just use something like coinbase commerce.

 

[CaptK]

The problem you will face is at some point the bank will ask you to‌ explain the payments and as you own the other bank account you will will get‍ stuck.
Funds from Crypto will clearly be seen being deposited into the other bank account.⁠

 

[cangarooo]

Thanks @Simon4466
I checked Bankera and the support specifically told me that they can't do‌ crypto exchange unless in conjuction with Spectrocoin or any other wallet.
My bank cannot manage‍ payments to/from EMI.
Interesting the btcpay server solution but it still requires the moving to⁠ the bank account :-(

That's true ..... unless I open︀ the other Bank account under another LTD (correct?)

 

[CaptK]

it has to have a different UBO,⁣ not related to you.

 

[Martin Everson]

Please start a new thread in future instead of hijacking someone else's thread.︄ It helps keep threads in forum relevant and useful thx thu&¤#

 

[countryfree]

On localbitcoins, there are offers from individuals to trade bitcoin using Transferwise.

 

[Mda]

Finductive won't let you cash out crypto trading gains in the hundred(s) of $K per‍ transfer ? (Kraken to personal account)

 

[bamboozlethemall]

I can help in this if you still have the need.