Quote:
Originally Posted by Fire
What is the best way to deposit money into Binance? I open an account with Binance and verified it, but my credit card is not allowing the transaction and it currently says depositing CDN is suspended.
What is currently the best way to get money into the account? I will like to be ready to buy some crypto if it keeps dropping.
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You can buy certain ones on Binance P2P like BTC, BNB, BUSD, USDT with an e-transfer. Looked like an extra six points on CAD to USD conversion and then also a spread over what the current exchange market is so it’s not the most efficient way. Then you can transfer from P2P to Spot in your account. Then can convert to something else, depending one what you’re trying to get.
Other option, some use Shakepay or other similar posted in here to buy BTC with CAD etransfer. Not the most efficient as the spread is there and then there’s the BTC transfer fee. It’s also a bit slow.
Perhaps others have some less costly suggestions.