4 ms·
Why did you use Western Union instead of Wise or some other lower cost alternative?
by flakeoil 2y ago
Why did you use Western Union instead of Wise or some other lower cost alternative?
- diggan 2y agoSeems Wise isn't at all a lower cost alternative, nor does it seem very fast. I pay a flat fee of ~1 EUR per transfer with USDC on Arbitrum which arrives after a couple of seconds, while Wise is giving me a quote of 3.39 EUR for a 100 EUR transfer, 20EUR fee for a 1000 EUR transfer, and says it would arrive tomorrow.
- flakeoil 2y agoBut what is conversion cost and the transaction cost to convert USD to USDC and then back?