Avoiding International money transfer

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Hey all, I’ve got a question about international money transfers and avoiding fees. With so many financial institutions charging exorbitant amounts in commission, it’s becoming harder and harder to send money back home to our families. I was wondering if using something like Binance USDT might be a good alternative to lower the costs. Has anyone tried this before? What are your thoughts? Thanks in advance for your help!

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Posted in Binance Reddit

3 Comments

  1. Hot-Opportunity-5539 on 6. June 2023 at 13:16

    It is a good alternative but do those people “back home” you’re trying to send money to understand crypto and how to cash it out?

     


  2. Mission_Hunt1 on 6. June 2023 at 13:16

    That’s dilemma we want as crypto traders to sort out because the banks there don’t interact with crypto.

     


  3. BinanceCSHelp on 6. June 2023 at 13:16

    Hi, you have come to the right place! Actually, we have a very own, zero-fee transfer method for Binance users and we call it: Binance Pay! You can pay and get paid by using this feature. Kindly check all the details here: https://www.binance.com/en/my/wallet/account/payment On the other hand, kindly know that our chat support is 7/24 on duty here to resolve your inquiries: https://www.binance.com/en/chat Stay SAFU! | TS