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Transferring money from UAE to Canada

A

Ajays94

Member
Oct 22, 2019
12
2
Dubai
NOC Code......
2171
AOR Received.
11-12-2019
Med's Done....
07-12-2019
If you are knowledgeable about crypto and stable coins, you can send all your money through Binance P2P with very little fees and stress.

Prerequisites:

- Have an ENBD account in your name
- Have a Canadian bank account in your name
- Have a Binance account in your name

Step 1 - Changing your AED to USD/USDT
  1. On Binance, Go to the P2P section of the app and find a seller trading AED to USDT (stable coin) with a favorable rate for you (Binance has multiple filters that makes this easy to find).
  2. Once agreed upon an amount and rate, the sellers USDT is held in a Binance escrow until you the buyer has sent them the AED equivalent.
  3. Transfer the AED amount via ENBD App to the seller (Always good to get a seller with an ENBD account for instant transfer. Again Binance has filters for this).
  4. Once transfer is made, confirm your payment on the Binance app and the seller will release your USDT equivalent from the escrow hold.
  5. You have successfully exchanged your AED to USD/USDT.
Step 2 - Changing your USD/USDT to CAD
  1. Add your Canadian bank account details onto your Binance account.
  2. On Binance, find a P2P buyer trading USDT to CAD with a favorable rate for you.
  3. Once agreed upon an amount and rate, your USDT is held in a Binance escrow until the buyer has sent you the CAD equivalent to your provided Canadian bank account.
  4. DO NOT release the USDT to the buyer until you are 100% sure you have the CAD in your bank account, even if they send you transfer screenshots, make sure you actually see the credit alert or see the amount reflected in your mobile bank app.
  5. Once you have seen the CAD in your account, release the USDT to the buyer.
  6. You have successfully exchanged your AED to CAD.

Notes

- Binance charges between 0 - 0.35% Max in P2P transfer charges
- This whole process should take you less than 30 min to complete
- Again, NEVER release your USDT to the buyer if you have not received your CAD equivalent.
- Resources on P2P exchange on Binance are all over Youtube for more visual help on the above steps.

Good Luck!
 
M

m_faisal

Star Member
Apr 24, 2020
144
42
Ajays94 said:
If you are knowledgeable about crypto and stable coins, you can send all your money through Binance P2P with very little fees and stress.

Prerequisites:

- Have an ENBD account in your name
- Have a Canadian bank account in your name
- Have a Binance account in your name

Step 1 - Changing your AED to USD/USDT
  1. On Binance, Go to the P2P section of the app and find a seller trading AED to USDT (stable coin) with a favorable rate for you (Binance has multiple filters that makes this easy to find).
  2. Once agreed upon an amount and rate, the sellers USDT is held in a Binance escrow until you the buyer has sent them the AED equivalent.
  3. Transfer the AED amount via ENBD App to the seller (Always good to get a seller with an ENBD account for instant transfer. Again Binance has filters for this).
  4. Once transfer is made, confirm your payment on the Binance app and the seller will release your USDT equivalent from the escrow hold.
  5. You have successfully exchanged your AED to USD/USDT.
Step 2 - Changing your USD/USDT to CAD
  1. Add your Canadian bank account details onto your Binance account.
  2. On Binance, find a P2P buyer trading USDT to CAD with a favorable rate for you.
  3. Once agreed upon an amount and rate, your USDT is held in a Binance escrow until the buyer has sent you the CAD equivalent to your provided Canadian bank account.
  4. DO NOT release the USDT to the buyer until you are 100% sure you have the CAD in your bank account, even if they send you transfer screenshots, make sure you actually see the credit alert or see the amount reflected in your mobile bank app.
  5. Once you have seen the CAD in your account, release the USDT to the buyer.
  6. You have successfully exchanged your AED to CAD.

Notes

- Binance charges between 0 - 0.35% Max in P2P transfer charges
- This whole process should take you less than 30 min to complete
- Again, NEVER release your USDT to the buyer if you have not received your CAD equivalent.
- Resources on P2P exchange on Binance are all over Youtube for more visual help on the above steps.

Good Luck!
Click to expand...
One of the most riskiest way, lol
 
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