exchange rates

**Optional** · 08-21-17, 01:36 PM

Originally posted by tsty

anybody know how to get past these ridiculous exchange rates when withdrawing from asianconnect/etc?

If you are using traditional banking system you can expect to lose about 5% swapping currencies.

Personally, I'd be using bitcoin with AC. I think they would prefer you do that as well.

You can order a BitPay.com card and your bitcoin is auto converted to US$ when sent to it. Then just withdraw at any ATM like regular money (or buy things with the card) and avoid most of the usual fees.

**Alfa1234** · 08-21-17, 04:56 PM

Tradewise can save you a lot of money by giving you better exchange rates for international bank transfers. If you withdraw by bank transfer, it's a way to save money.

There's also Leupay which is a Maltese bank that gives you IBAN account numbers in multiple currencies (including EURO, USD, GBP etc), their FX exchange rates are pretty low as well. They accept US clients.

If you mean their bitcoin rate...they are bad but unfortunately not much that can be done about it.