Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,176,506 members, 7,898,087 topics. Date: Tuesday, 23 July 2024 at 07:34 AM

Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? (7625 Views)

Should I Create A Domicilary Account? / Can One Transfer Dollars From Webmoney To A Dollar Bank Account In Nigeria? / You Have Current Union Domicilary Account With Visa Card. Let Cash Out (2) (3) (4)

(1) (2) (Reply) (Go Down)

Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Ihatethemods2: 9:56pm On Jan 16, 2021
Hello guys, please I want to go into crypto currency trading on binance. I’ve downloaded the app, registered and now verified.

I noticed the exchange rate from dollar to naira on the platform is higher than that of the blackmarket (aboki). I also met a man who sold dollars to me at a very cheap rate.

Now my question is, is it possible to transfer the dollars deposited in my domiciliary account from my bank (First Bank) into my Binance wallet?

The goal is to trade it off on Binance platform, and withdraw back into my naira account at a higher rate.

Is this possible? If Yes, how?

Please, a good samaritan should help me out!
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Raph3177(m): 10:05pm On Jan 16, 2021
Ihatethemods2:
Hello guys, please I want to go into crypto currency trading on binance. I’ve downloaded the app, registered and now verified.

I noticed the exchange rate from dollar to naira on the platform is higher than that of the blackmarket (aboki). I also met a man who sold dollars to me at a very cheap rate.

Now my question is, is it possible to transfer the dollars deposited in my domiciliary account from my bank (First Bank) into my Binance wallet?

The goal is to trade it off on Binance platform, and withdraw back into my naira account at a more higher rate.

Is this possible? If Yes, how?

Please, a good samaritan should help me out!
Maybe u should try getting a dollar visa or master card from your bank for your dorm Acct I think it should work
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by felixzo1(m): 10:06pm On Jan 16, 2021
that's what is called an arbitrage
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Ihatethemods2: 10:14pm On Jan 16, 2021
Raph3177:

Maybe u should try getting a dollar visa or master card from your bank for your dorm Acct I think it should work

Cool. I applied for a debit card for my Domicilary account this week, the banker said I would be getting it next week. I hope it works.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Ihatethemods2: 10:14pm On Jan 16, 2021
felixzo1:
that's what is called an arbitrage

Can you please throw more light?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by macrodata(m): 10:34pm On Jan 16, 2021
Ihatethemods2:


Cool. I applied for a debit card for my Domicilary account this week, the banker said I would be getting it next week. I hope it works.
If it works, please update this thread. I have 3m and looking for cheap dollars. I've studied this method front & back, the best option is to buy USDT or USDC stable coins on moonpay using Gemini trading platform. No fees, no vat or hidden charges then transfer to Binance.

If you compound your earnings, in 10 trades you will see over 10m profit. My only challenge is getting Dollars at bank rates. sad

8 Likes 1 Share

Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Ihatethemods2: 11:20pm On Jan 16, 2021
macrodata:
If it works, please update this thread. I have 3m and looking for cheap dollars. I've studied this method front & back, the best option is to buy USDT or USDC stable coins on moonpay using Gemini trading platform. No fees, no vat or hidden charges then transfer to Binance.

If you compound your earnings, in 10 trades you will see over 10m profit. My only challenge is getting Dollars at bank rates. sad

Okay. But is the Moonpay a legit platform? Heard they are a whole lot of fraudulent platforms out there.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Raph3177(m): 6:32am On Jan 17, 2021
macrodata:
If it works, please update this thread. I have 3m and looking for cheap dollars. I've studied this method front & back, the best option is to buy USDT or USDC stable coins on moonpay using Gemini trading platform. No fees, no vat or hidden charges then transfer to Binance.

If you compound your earnings, in 10 trades you will see over 10m profit. My only challenge is getting Dollars at bank rates. sad
Avoid that Gemini exchange if u don’t want to lose your money bro. It’s a strong advise from me or go to trust pilot.com and see reasons why u stay away even their review on Apple store is poor but trustpilot will give u a million reason why u should stay away
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by macrodata(m): 11:09am On Jan 17, 2021
Raph3177:

Avoid that Gemini exchange if u don’t want to lose your money bro. It’s a strong advise from me or go to trust pilot.com and see reasons why u stay away even their review on Apple store is poor but trustpilot will give u a million reason why u should stay away
Thanks for the information. God bless you. I'll look into it. Do you have any suggestions for me pls?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by macrodata(m): 11:11am On Jan 17, 2021
Ihatethemods2:


Okay. But is the Moonpay a legit platform? Heard they are a whole lot of fraudulent platforms out there.
I was using MoonPay before banks blocked web payments. It is the payment processor used by trust wallet. Anyway, do your research before you use any suggestions on social media.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Raph3177(m): 11:19am On Jan 17, 2021
macrodata:
Thanks for the information. God bless you. I'll look into it. Do you have any suggestions for me pls?
Use Bitfinex

1 Like

Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by macrodata(m): 12:14pm On Jan 17, 2021
Raph3177:

Use Bitfinex
Thanks, I'll look into it now.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Rivero: 4:43pm On Jan 17, 2021
OP please let us know when you have collected your debit card to try it with binance
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by samuelgodson(m): 8:34am On Jan 21, 2021
Any update
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Dominiccash360(m): 3:05am On Feb 26, 2021
Please update
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Dominiccash360(m): 12:49am On Mar 02, 2021
Bro update na
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Ihatethemods2: 2:51pm On Apr 09, 2021
Didn’t work sad
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by johnnygan(m): 9:57pm On Jul 15, 2021
Ihatethemods2:
Didn’t work sad

Wow. What bank?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by johnnygan(m): 9:59pm On Jul 15, 2021
Raph3177:

Use Bitfinex

Still works?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by showafrica(m): 10:08pm On Jul 15, 2021
Ihatethemods2:
Hello guys, please I want to go into crypto currency trading on binance. I’ve downloaded the app, registered and now verified.

I noticed the exchange rate from dollar to naira on the platform is higher than that of the blackmarket (aboki). I also met a man who sold dollars to me at a very cheap rate.

Now my question is, is it possible to transfer the dollars deposited in my domiciliary account from my bank (First Bank) into my Binance wallet?

The goal is to trade it off on Binance platform, and withdraw back into my naira account at a higher rate.

Is this possible? If Yes, how?

Please, a good samaritan should help me out!

Dollar card works but i dont know for binance but they will collect 10$ every year as maintenance fee. If you have huge naira, money round trip will fetch you good profit. Buy dollar cheap, use it to buy crypto and sell it black market.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Nozino: 10:32pm On Jul 15, 2021
showafrica:


Dollar card works but i dont know for binance but they will collect 10$ every year as maintenance fee. If you have huge naira, money round trip will fetch you good profit. Buy dollar cheap, use it to buy crypto and sell it black market.


Are charges at the official rate or black market rate?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Raph3177(m): 6:36am On Jul 16, 2021
showafrica:


Dollar card works but i dont know for binance but they will collect 10$ every year as maintenance fee. If you have huge naira, money round trip will fetch you good profit. Buy dollar cheap, use it to buy crypto and sell it black market.
When u say buy dollar cheap what rate are u looking at? And will u be kind enough to tell which crypto site u used and lastly what’s your monthly limit on the card??
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by showafrica(m): 6:49am On Jul 16, 2021
Raph3177:

When u say buy dollar cheap what rate are u looking at? And will u be kind enough to tell which crypto site u used and lastly what’s your monthly limit on the card??

If you can get dollar official rate 415, that's the koko. Dollar card no get spending limit. Most rich abokis in Nigeria no dey do any work, they are privilege to get dollar official rate and recycle it in the black market. They noticed igbo man have joined the business with the help of crypto, thats why they banned crypto. Just load your dom account with dollar. you got at 415, buy crypto with Master card, then sell the crypto at 480...BOOM. You don mention site, seun will ban. Just do small research or send me mail showafricaatgmaildotcom... However, you owe me how to get dollar at 415.
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Kobicove(m): 8:07am On Jul 16, 2021
showafrica:


If you can get dollar official rate 415, that's the koko. Dollar card no get spending limit. Most rich abokis in Nigeria no dey do any work, they are privilege to get dollar official rate and recycle it in the black market. They noticed igbo man have joined the business with the help of crypto, thats why they banned crypto. Just load your dom account with dollar. you got at 415, buy crypto with Master card, then sell the crypto at 480...BOOM. You don mention site, seun will ban. Just do small research or send me mail showafricaatgmaildotcom... However, you owe me how to get dollar at 415.

Dollar at black market rate of 415?

Today 16 July 2021?

You must be in dreamland
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by showafrica(m): 8:18am On Jul 16, 2021
Kobicove:


Dollar at black market rate of 415?

Today 16 July 2021?

You must be in dreamland

Its very clear Nigerians don't like reading... I am still searching where i wrote black market 415..can you bold it please, let me confirm if my brain is misbehaving.

1 Like

Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Kobicove(m): 9:03am On Jul 16, 2021
showafrica:


Its very clear Nigerians don't like reading... I am still searching where i wrote black market 415..can you bold it please, let me confirm if my brain is misbehaving.

How else do you fund a dom account if not from black market since you're not an exporter who earns in forex and it's obvious you're not an importer who is qualified to purchase forex at CBN rate?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by showafrica(m): 10:00am On Jul 16, 2021
Kobicove:


How else do you fund a dom account if not from black market since you're not an exporter who earns in forex and it's obvious you're not an importer who is qualified to purchase forex at CBN rate?

Then read na, so that you will understand what the thread is all about... Op says he got dollar cheap... I repeat, that is the koko... Read everything so that you will understand stop jumping lines, read in between

1 Like

Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Kobicove(m): 11:07am On Jul 16, 2021
showafrica:


Then read na, so that you will understand what the thread is all about... Op says he got dollar cheap... I repeat, that is the koko... Read everything so that you will understand stop jumping lines, read in between

Please show me where the original OP stated that he purchased the dollar at the rate of 415!

You were the one who quoted that rate and that's the reason I tackled you undecided
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by johnnygan(m): 10:50pm On Jul 16, 2021
Make una dey offer solutions oh. Will a dollar card work on Binance?
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by Nobody: 4:41am On Jul 17, 2021
My own is how to send dollars offshore with out form m and also how to get it cheap.....
Re: Can I Transfer Dollars From My Domicilary Account Into My Binance Wallet? by jom28gy(m): 11:18am On Jul 17, 2021
How can I transfer funds from my first bank account to roqqu wallet

1 Like

(1) (2) (Reply)

Stamp Duty: 16 Commercial Banks Fail To Remit N1.6bn To FG - Reps / Presco Vs Okomu Oil Shares / Twitter IPO Updates

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.