Wise/Payoneer to Crypto

[LuckyLuciano]

I receive part of my payments from freelance services on Wise and Payoneer. I'd like to send some of my funds in the form of FIAT to a crypto exchange to invest in crypto. Can anyone recommend what is the best way to do it? Please note that I can't do bank transfers as it's not supported in most crypto exchange accounts that I have (Binance, OKX, Kraken). I know there is a P2P option but I'm not sure if it's allowed to do P2P transactions using Wise/Payoneer, I wouldn't want my accounts to get banned.

 

[catpower]

LuckyLuciano said:
I receive part of my payments from freelance services on Wise and Payoneer. I'd like to send some of my funds in the form of FIAT to a crypto exchange to invest in crypto. Can anyone recommend what is the best way to do it? Please note that I can't do bank transfers as it's not supported in most crypto exchange accounts that I have (Binance, OKX, Kraken). I know there is a P2P option but I'm not sure if it's allowed to do P2P transactions using Wise/Payoneer, I wouldn't want my accounts to get banned.
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Kraken can be filled via bank transfers in a UK bank and a Swiss One,i use to do It to save crédit card commissions

Payward ltd Is the Company name and the iban Is a GB One ( kraken)

Last edited: Jan 24, 2024

 

[volcanotnt]

LuckyLuciano said:
I receive part of my payments from freelance services on Wise and Payoneer. I'd like to send some of my funds in the form of FIAT to a crypto exchange to invest in crypto. Can anyone recommend what is the best way to do it? Please note that I can't do bank transfers as it's not supported in most crypto exchange accounts that I have (Binance, OKX, Kraken). I know there is a P2P option but I'm not sure if it's allowed to do P2P transactions using Wise/Payoneer, I wouldn't want my accounts to get banned.
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Wise > Etoro > Nexo = Crypto

 

[latindev]

volcanotnt said:
Wise > Etoro > Nexo = Crypto
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Those fees are going to be massive D:

 

[LuckyLuciano]

ALFRED MAYER said:
Kraken can be filled via bank transfers in a UK bank and a Swiss One,i use to do It to save crédit card commissions

Payward ltd Is the Company name and the iban Is a GB One ( kraken)
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I have tried Kraken but when I input the Payward ltd details in the payment instructions on Wise it isn't letting me make the transfer. I guess they know it's Kraken so they block it.

 

[catpower]

LuckyLuciano said:
I have tried Kraken but when I input the Payward ltd details in the payment instructions on Wise it isn't letting me make the transfer. I guess they know it's Kraken so they block it.
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Probably yes,revolut accept payward

ALFRED MAYER said:
Probably yes,revolut accept payward
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I do wise to Revolut, payward and Kraken

 

[wellington]

LuckyLuciano said:
I receive part of my payments from freelance services on Wise and Payoneer. I'd like to send some of my funds in the form of FIAT to a crypto exchange to invest in crypto. Can anyone recommend what is the best way to do it? Please note that I can't do bank transfers as it's not supported in most crypto exchange accounts that I have (Binance, OKX, Kraken). I know there is a P2P option but I'm not sure if it's allowed to do P2P transactions using Wise/Payoneer, I wouldn't want my accounts to get banned.
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Generally speaking, would avoid P2P due to the issues downline from funds that may or may not be tainted, in additon financial instititions in the UK/EU would be risk adverse to having their rails interact with such.

I would generally advise on-boarding/off-boarding to utilise regulated entities such as Swissborg (Europe) and TAP (UK)

Both offer a IBAN like service i believe/or account and your deposits/withdrawals would be instant, I would also advise against utilising Binance, OKX, Binance mainly because of the privacy constraints, OKX as it's been documented they don't aid or proactively engage with LE, Kraken i would avoid as it is a known laundering hub, always has been... and eventually that will blow back on the link to your banking.

 

[LuckyLuciano]

wellington said:
I would generally advise on-boarding/off-boarding to utilise regulated entities such as Swissborg (Europe) and TAP (UK)
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Swissborg unfortunately isn't available in my country. Can you recommend some more exchanges/paltforms which allow deposits with bank transfers?

 

[wellington]

LuckyLuciano said:
Swissborg unfortunately isn't available in my country. Can you recommend some more exchanges/paltforms which allow deposits with bank transfers?
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Tap (UK Listed version of Swissborg).

https://www.withtap.com/