I'm in the US, and my bank doesn't like to play nice with any crypto platform. So every time I want to buy crypto with extra fiat, I have to eat the 3% card fee on CDC.
But possibly not anymore!
I tried sending some fiat to my Google Pay account from my bank using my debit card. Instant funds, no fee!
Then I went to send the fiat to my CDC fiat wallet. It gave me the option to connect through Plaid, or manually by entering the routing and account numbers. I chose the latter. It took about 12 hours to get the test transaction to verify the CDC fiat account (reasonable, since I initiated this on a Sunday night). With that done, I initiated the actual fiat transfer.
It went through in about 8 hours! No fee!
So if anyone else is thinking of ways to transfer fiat with a troublesome US bank, Google Pay works!
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments