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1  Economy / Trading Discussion / Newbie needs advice on sending USD to the US from Crypto Exchange on: October 14, 2020, 06:16:47 PM
Hi! I am a newcomer to the forum, and what brought me here was a doubt regarding transfers to US banks. In particular, I am a physical person living in Argentina (a country famous for meat and forex restrictions) and would like to send a transfer to a US bank. Transfering money directly to a foreign account is not permitted (even if the account is mine), so I am trying to circumvent government restrictions by -you guessed it- using Crypto. The process would be:
1) Deposit cash in my local (ARG) crypto exchange and buy BTC
2) Transfer BTC to a foreign crypto exchange/wallet
3) Exchange BTC for fiat (USD)
4) Transfer fiat to my USD bank account

I am particularly having trouble with step #4, as I am trying to find a crypto exchange/wallet that lets me transfer USD into the US. I have tried a few possibilities and for example, Kraken and Coinbase require you to be a US citizen to transfer USD to a US bank account.
If anyone knows of a platform that allows easier transfers of fiat, or thinks I should do things differently, please, all opinions are welcome.
If you've reached this point, thank you for taking the time to read about my issue, and please, feel free to ask for any advice on the other steps which I could already solve Wink
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