Exchange rate from Argentine peso to bitcoin, and then bitcoin to US dollar. Is it worth it?
Hi I'm a English teacher from the US living in Argentina. I don't have a local ID yet, so I can't sign up for a bank account or use the paypal equivalent here called Mercado Pago (Paypal only works in argentina for international transfers, not within the country like in the US). I only do online classes and some students are outside of my city. My question is: if working as a tutor here, is it worth to have my students pay me in bitcoin (which I'm assuming they would have to buy if they don't have already), and then use that to transfer to dollars in my US bank account. Is this worth it or am I losing value in the process? Edit: Transferwise doesn't work sending money between people in Argentina I can send money from a US bank account to someone in Argentina, but not the other way around. If you don't know the answer to the question I'm asking, please don't respond.
I've invested in BTC, ETH exchange rate on Revolut few months ago. I got around 10k dollars now. Is it good option to withdraw money and buy BTC and ETH in some crypto wallet? Or should I keep it on Revolut? (x-post from /r/Bitcoin)
Bitcoin Premium Develops in Chile, Adoption Spreads in Colombia Amid Global Protests. They say the dollar rate in ordinary markets is 800 Chilean Pesos (CLP) to the dollar. Their analysis of the dollar rate in bitcoin crypto exchanges and markets, however, concludes one dollar is worth 830 CLP.
Pennsylvania Senate Democrats paid $700,000 to recover from ransomware attack - The ransom demand was worth nearly $30,000, based on the Bitcoin-to-US dollar exchange rate at the time, but officials declined to pay
Bitcoin a pump and dump scheme? "Researchers found that a single actor was “likely” behind several accounts that bought millions of dollars worth of bitcoin and drove the exchange rate in the US from $150 to $1,000 over the course of two months."
08-26 15:32 - 'Gemini Trading (or another OTC) would work much better than an exchange. You can negotiate a rate, sell them all in bulk, and they wire the money directly to your bank. / They deal with million dollar orders (both buy...' by /u/bitcoinmillionaiire removed from /r/Bitcoin within 0-8min
''' Gemini Trading (or another OTC) would work much better than an exchange. You can negotiate a rate, sell them all in bulk, and they wire the money directly to your bank. They deal with million dollar orders (both buy and sell) every day, so you're not going to face any red flags like you might with Kraken or another exchange. If you're going to convert Bitcoin to cash (which I don't recommend), you may as well do it properly. ''' Context Link Go1dfish undelete link unreddit undelete link Author: bitcoinmillionaiire
If I buy 5 dollars of bitcoins, but it takes 5 days to go through, will I be given the amount of bitcoins when I bought them, or will I receive the amount of bitcoins based on the exchange rate when the transaction is completed?
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