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 Crypto experts come in.

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parkluyann1
post Oct 7 2021, 08:26 PM

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USDT = USD Tether = a pegged stablecoin where 1USDT=1USD*

Go to any p2p platform which accepts MYR and USDT and convert your USDT to MYR.

*according to the tether company

you dont ask binance to do anything, you use binance as a platform to engage other p2p traders on binance who want to buy your USDT and pay you MYR.

This post has been edited by parkluyann1: Oct 7 2021, 08:27 PM
parkluyann1
post Oct 7 2021, 09:12 PM

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QUOTE(thelws @ Oct 7 2021, 08:28 PM)
If I don't want to convert to myr, can I accept usd? I plan to open usd denominated account in malaysia. Then send usd to that account. You think this will work?

I know now people got some workaround using the binance thing.

But what if I don't change to MYR. That way no issue right?
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As far as i know, cannot. because almost all crypto p2p traders in malaysia only will accept MYR as payment. Unless you personally find one p2p crypto trader in malaysia who is willing to trade with you in USD for your USDT.

Even if you go to USD section p2p on binance, its gonna be very headache if they transfer money to your USD denominated bank account in msia, but their bank account is from US, probably gonna take days to clear. Almost all p2p traders only accept instant. You're probably gonna get scammed so hard if you do this.

If you die die want USD, just trade USDT to MYR, take MYR go money changer and change for USD sweat.gif

There might be a way to do what you want though which i don't know about. better to ask other sifus
parkluyann1
post Oct 7 2021, 10:00 PM

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QUOTE(thelws @ Oct 7 2021, 09:45 PM)
I'm asking because binance is banned. I know becaues of bnm, the local banks sure kacau your funds if it's converting to myr.

That's why I'm asking if we can just send direct usd. Because if that's the case, then the banks won't kacau right? I can just change crypto to busd. Then send fiat usd to my bank account.
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heh the moment anything related to crypto, you probably gonna kena scouted by banks most probably. If you scared of binance, then you can use huobi p2p. Anyway, if you're using p2p, the banks wont even know you're doing anything related to crypto if the reference you don't put crypto related words like "binance,p2p,crypto,btc,eth,usdt,busd etcetc".

Binance still can use anyway, just that its "banned" like how pornhub is "banned". sweat.gif

Or you can go the legit way, convert all to LTC/XRP and send to luno, and cash out to MYR through luno

This post has been edited by parkluyann1: Oct 7 2021, 10:09 PM
parkluyann1
post Oct 7 2021, 10:02 PM

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mis-post kek tongue.gif

This post has been edited by parkluyann1: Oct 7 2021, 10:04 PM

 

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