Best way to transfer crypto to fiat (business account)

[Viktorius]

Hello everyone this is my first post, looks like an amazing resource.

Stefano can you please confirm you are moving fiat from a crypto exchange directly into your TransferWise account and they haven't caused you any problems? My recollection is they specifically forbid crypto involvement.

TransferWise Help | Incompatible Accounts and Currencies

 

[Internationaloff]

TransferWise - Send Money Abroad-Customer Agreement - TransferWise.com

 

[Stefano3323]

Hello everyone this is my first post, looks like an amazing resource.

Stefano can you please confirm you are moving fiat from a crypto exchange directly into your TransferWise account and they haven't caused you any problems? My recollection is they specifically forbid crypto involvement.

TransferWise Help | Incompatible Accounts and Currencies

Viktorius, yes I can confirm but you cannot use exchanges, need to use OTC models like localbitcoin. And it is extremely important the buyer is NOT adding any comment to crypto stuff in the remark of the transfer. It is a bit on the line so you need to play it smart. A very close friend got blocked from TW for doing it and all his funds got returned, not a good show you want to get into. But, if you have a group of people you have tested multiple times and you have established trust with them, you can at that point cash out 10k to each and liquidate your 100k with no problems.