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how to purchase crypto from Australia?

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by COINS NEWS 110 Views

Hi everybody,

I am in Australia, I need to transfer very small but regular amounts of money (US$20 to 40 per week) to a wonderful person who lives overseas in a country under sanctions. The only way I can transfer money to them is via crypto.

All Australian banks are hardcore against crypto, so I cannot directly buy it. Until recently, I used Binance (and later ByBit) crypto exchange and bought crypto from people there via P2P using Wise to transfer them my AUD. My recipient was also registered on Binance, so the rest was straightforward.

This was halted when Wise blocked my transfers claiming they do not support crypto. To the best of my knowledge, Wise is the only possible channel to transfer $$ on crypto exchanges as the transaction should be less than 15 min. Bank transfers and such cannot work as P2P people are usually in other countries and can only wait for 15 min.

Seems like there is a global war on crypto. Not sure how I can do my little transfers now? I was going to try Revolut but then read too many stories of them being unreliable.

P.S. I prefer USDT (Tether) as I only use crypto as a means of transfer.

submitted by /u/AussieAmishgon
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