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TransferWise costs 1% (at least for me, for USD -> CAD) and takes days. It's incomparable to Bitcoin which takes 10 minutes and is practically free (including
by aianus 10y ago
TransferWise costs 1% (at least for me, for USD -> CAD) and takes days.
It's incomparable to Bitcoin which takes 10 minutes and is practically free (including the BTC<->fiat conversions if you fiddle with limit orders).
- Symbiote 10y agoIt seems to be 0.5% for most European currencies, and from other countries I expect to have good banking systems (Japan, Hong Kong, Australia etc). Perhaps that reflects lower costs for them. Although it can take days, I've usually found it takes at most a few hours. I transfer between GBP, EUR and DKK.