I am going to Australia soon and I am gonna need to convert my money to AUD. I have never really used Bitcoin before (but I know a lot about it) and not really experienced when it comes to exchanging money and what not. So my idea is this, use Coinbase to link with my bank account and convert my money (1% fee) to Bitcoins. Then sell those coins to BitInnovate and have the current value of the Bitcoins electronically deposited into an Australian bank account (No fee for selling). So taking all things into account, is this a good idea? Better than using traditional methods to save money (conversion costs and what not)? Seems like it since the only fee is the 1% to Coinbase.
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این روزها به دلیل نوسان قیمت رمز ارزها مخصوصا بیت کوین افراد زیادی بدنبال خرید و فروش ارزهای دیجیتال هستند.اما یک سوال بسیار مهم که در ذهن آنها پیش می اید این است که چگونه می توانند بیت کوین خود را به پول نقد یا همان ریال(تومان) تبدیل کنند؟ در این مقاله ، شما با روش های مختلفی که می توانید بیت کوین را به USD ، EUR ، AUD ، MYR و سایر ارزهای فیات و صادر شده دولتی تبدیل کنید ، آشنا خواهید شد.دسترسی راحت به مطالب موجود در مقاله از طریق لینک های زیر فهرست مطالب
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MXC Global steps forward in the Turkish cryptocurrency market after partnering with MenaPay
https://preview.redd.it/s9rpzi2sj6e51.png?width=751&format=png&auto=webp&s=f379dd86d47116ba457e201334338eb92060afaf 1. MXC Global Partners with MenaPay to Expand the Market in Turkey and Islamic Countries According to ChainNews, Turkey local time on July 30, MXC Global announced a strategic cooperation with the compliance payment platform MenaPay in fiat currency. MXC will expand the Turkish and Islamic markets with the help of MenaPay. MenaPay is the first SuperApp in the Middle East and North Africa region to fully support blockchain-based non-bank mobile payment solutions under Islamic financial regulations. This means that MXC Global steps forward in the cryptocurrency market, also has expanded further in the Turkish market. As early as March this year, MXC Global has successfully pioneered the cryptocurrency market in Turkey. 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It connects with Georgia , Armenia and Iran in the east, borders the Black Sea in the north, the Mediterranean Sea in the south, and the Aegean Sea in the west. It is an important commercial hub connecting Europe and Asia. Its location plays a role. Additionally, Turkey is one of the countries with the largest number of cryptocurrencies in the world after the United States, Japan and South Korea. According to a survey by Ing Bank, 18% of people in Turkey say they own cryptocurrency, which is much higher than the European average, 9%. Coinhills data shows that as of July 17, the trading volume of Turkish fiat currency, Lira to Bitcoin was approximately USD 49.13 million, next to that of the USD, JYP and EUR. Çağla Gül Şenkardeş, MenaPay CEO once said in an interview: “Traders now have the option to deposit with fiat currencies directly to their accounts on MXC Global by MenaPay QR code, bank transfer or credit card options easily in seconds. We will continue investing the technology to improve the integrated payment solution and expanding their services to other sectors as well.” 2. MXC Global Attracts Cryptocurrency Traders Through a Multi-Dimensional Compliance Operation Strategy Nowadays, not only cryptocurrency exchanges are actively expanding global cryptocurrency payment channels, but also traditional electronic payment and business platforms are optimistic about the cryptocurrency payment method. Payment giant PayPal, one of the first companies in the world to support Bitcoin payments, plans to launch a business of selling cryptocurrencies directly to its users and a built-in wallet feature for storing cryptocurrencies earlier this month. The new function is scheduled to be launched within three months at the latest. Rakuten, a Japanese e-commerce giant who announced that it would release cryptocurrencies in 2018, had acquired Everybody’s Bitcoin, a Japanese cryptocurrency exchange, for USD 2.4 million. It also lays out the full range of cryptocurrency applications in the field of electronic payments. In December 2019, Rakuten announced that it supports customers to convert Rakuten Group Super Points into top market cap coins, including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH). In February, Rakuten declared that it would further support customers in cryptocurrency trading after a business restructuring. With the popularity of cryptocurrencies in the world, more and more e-commerce platforms have to adapt to the current market demand, open cryptocurrency payment methods to meet customers’ needs. MXC Global, a cryptocurrency trading platform, can further expand the cryptocurrency compliance trading market by cooperating with MenaPay, an electronic payment platform, and promote the application of cryptocurrencies in practical scenarios. Apart from MenaPay, MXC Global has also partnered with Banxa, a payment processing platform in Southeast Asia, and Simplex, a European compliant payment company who supports trading in AUD, USD, GBP, EUR etc. Thus, users can use Visa and Master cards to purchase major coins such as BTC and ETH. MXC Global has become an emerging cryptocurrency trading platform after two and a half years’ globally regulated operations. The trading volume accounts for 5% of the global market. Its users come from a diverse background, coving language areas of English, Russian, Korean, Portuguese, Turkish, Vietnamese, Hindi, Malay, India, Africa and so on. Since 2019, MXC Global has successively obtained legal licenses of MTR in Estonian, MSB in the U.S, AUSTRAC in Australian, MSB in Canadian and VQF in Swiss. It is currently one of the global exchanges that have the most multi-country operating licenses. It can provide services under the guidance of local regulatory authorities. MXC Global not only actively seeks registration of legal licenses globally, but also partners with well-known electronic payment companies. It carries out multi-angle global compliance operations to expand cryptocurrency traders.
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این روزها به دلیل نوسان قیمت رمز ارزها مخصوصا بیت کوین افراد زیادی بدنبال خرید و فروش ارزهای دیجیتال هستند.اما یک سوال بسیار مهم که در ذهن آنها پیش می اید این است که چگونه می توانند بیت کوین خود را به پول نقد یا همان ریال(تومان) تبدیل کنند؟ در این مقاله ، شما با روش های مختلفی که می توانید بیت کوین را به USD ، EUR ، AUD ، MYR و سایر ارزهای فیات و صادر شده دولتی تبدیل کنید ، آشنا خواهید شد.برای مشاهده مقاله اصلی که توسط خانم معصومه گودرزی در سایت زوم ارز نگاشته شده است به لینک زیر مراجعه کنید. https://www.zoomarz.com/convert-bitcoin-to-cash/
Hey Everyone, Wanted some help regarding sending bitcoin to my brother in Australia. I am located in the US and have bitcoin on my square cash app. I am having some trouble sending money to my brother who is stuck there (TLDR exchange student) so I thought maybe I can send him some bitcoin and he can convert it to AUD there and use it. Any exchanges you would recommend in Australia? Or any suggestion on sending P2P ? Both of us a kind of new to this. Thanks in advance
I have two different accounts holding bitcoin, one on the eToro platform (Which I bought a couple grands worth of bitcoin in late 2017, unfortunately, still holding all positions, all still in the red), and one account on btcmarkets, which Ive been steadily Dollar Cost Averaging weekly for a short while now. If I were to cash out my bitcoin from either platform, how much tax am I liable to pay, assuming I made gains with this? Because I've bought bitcoin in small chunks over 15 or more times on BTC markets, the entry point has been different each time, obviously... Same with eToro. I'm aware that you only have to pay gains taxes once you convert it back to fiat/AUD, correct? Another question would be, as I'd have made losses on the etoro bitcoin, as its all still currently red, would that give me a tax break, seeing as my investment went the other way, or does the ATO only care about getting more money through tax, not giving it back to investors when it doesn't go our way?
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This quick tutorial shows you how to convert your bitcoin into GBP in the coinbase back office and then to withdraw that money to your bank account. If you d... https://www.coinbase.com/join/5991f6aa6529b7022969e7c4 Open a Coinbase account and get $10 in FREE Bitcoin when you deposit your first $100: https://www.coin... Bitcoin withdrawal from Coinpot to Coins.PH & Coinpot Tokens Conversion!!! - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - C... Quick Video on converting my Australian Currency into BTC inside my BTC wallet. This will make it ready to purchase USI-Tech packages in a later video. How do you sell bitcoin in Australia and get Australian Dollars in exchange for your bitcoin? Independent Reserve - https://www.independentreserve.com?invite...