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RE: Hive: $3 Trillion Payment Revenue

in LeoFinance2 years ago

I really feel the pinch when I move money across borders via SWIFT trasfers. Especially when one or more intermediary banks are imvolved. Have lost 10% + on all occasions.

I've contemplated using Hive in the past for international money transfers but didn't as I can't connect a wallet to my local bank account. Not for long though a some banks have started easing up on restrictions.

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The key is where you are to the point where you can send the payment without the banks.

Posted Using LeoFinance Beta

Aah I see what you mean.

Just out of curiosity, can't you buy crypto with a credit card and then pay off the credit card from your bank?

Posted Using LeoFinance Beta

It worked once. I bought some crypto from cex.io and the next time it dodnt work.

This is the explanation I received from the bank when I reached out:

Before this happened I never tried putting funds onto my card from a wallet.