Hello guys,
I need to get some money wired to the USA from another country, but with the COVID issues going to the bank is not possible at the moment and for some reason a swift can't be made unless you go personally to the bank.
So, I was thinking about buying BTC and then sending that to my wallet in Gdax and then cashing it out in USD (which is what I need to do, this is not an investment, just using crypto as money)
Would you suggest I buy BTC for this or LTC or any other crypto?
What are the waiting times for sending BTC and is this going to be less costly than a SWIFT transfer to me>? Assuming my bank doesn't charge me for a swift fortunately.
Any advise appreciated. Thanks
In terms of price between BTC and LTC, i would suggest litecoin because it has much more cheaper price and much more faster than Bitcoin. But on the other hand Bitcoin has the largest Blockchain network which provides more secured transaction and much cheaper fees compared to other alts. Because in Bitcoin you can send millions of dollars for only a fee of cents.