Quote:
Originally Posted by Arnox
So you're suggesting that I ought to withdraw the GBP to an account via Paypal (taking 3-5 days), then depositing that GBP onto an exchange (hopefully finding one in Australia that accepts GBP and will allow you to trade) for 3-5 days, then selling the currency at the market rate to turn it into AUD, then withdrawing it (taking 3-5 days)?
Or, of course, I could get paid in Crypto, trade it INSTANTLY at the market rate and withdraw it. This would also bypass the $160 USD PayPal fee, for which you haven't given a viable reason as to why I wouldn't use Bitcoin instead. Even IF I could get a market rate for the currency exchange at my bank (which I absolutely know I cannot)
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withdrawing money from paypal takes 1-2 days...if you do not like the exchange rate in your bank when your GBP arrive you can take the money and go to a private exchanger...we have 1000-s of them in my city...all of them accept any major currency and the rate is very good...
good luck with your getting paid in BTC endeavour...99.9999% of the world does not use it...paypal and CC on the other hand...