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MiCA regulations for EU / e-wallets exchanging

mateusz2209

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mateusz2209New MemberAuthor
Joined
Jul 2024
Messages
9

#1

Hello,

Due to new MiCA regulations in EEA, there's no way to exchange most e-wallets in my country. Are there any P2P traders that got rid of it?

I was usually doing like for example: Payeer -> USDT -> bank account.

Now there's no way to exchange Payeer in my country at all (no Payeer buyers) and there's no way to buy USDT because it's not trustable.

Source info: MiCA Stablecoin Rules Implementation Announcement | Binance Announcement,Binance News

Do you know any exchangers or have any ideas to bypass it?
Darks can't be a solving, as I won't be able to withdraw it to the bank account.

ActionManActive Recruit
Joined
May 2023
Messages
203

#2

How much do you want to exchange?

mateusz2209New MemberAuthor
Joined
Jul 2024
Messages
9

#3

ActionMan said:

How much do you want to exchange?

It's not a one shot. I exchange them every month.

ActionManActive Recruit
Joined
May 2023
Messages
203

#4

mateusz2209 said:

It's not a one shot. I exchange them every month.

An estimate will give you a more concrete response!

ForesterQuiet Authority
Joined
May 2021
Messages
2,386

#5

mateusz2209 said:

Hello,

Due to new MiCA regulations in EEA, there's no way to exchange most e-wallets in my country. Are there any P2P traders that got rid of it?

I was usually doing like for example: Payeer -> USDT -> bank account.

Now there's no way to exchange Payeer in my country at all (no Payeer buyers) and there's no way to buy USDT because it's not trustable.

Source info: MiCA Stablecoin Rules Implementation Announcement | Binance Announcement,Binance News

Do you know any exchangers or have any ideas to bypass it?
Darks can't be a solving, as I won't be able to withdraw it to the bank account.

ActionMan said:

How much do you want to exchange?

ActionMan said:

An estimate will give you a more concrete response!

Definitely.

And last but not least, what's your country? :) (It also matters.)

mateusz2209New MemberAuthor
Joined
Jul 2024
Messages
9

#6

5 digits $ monthly.

ActionMan said:

An estimate will give you a more concrete response!

The problem is, there is no legal way to do P2P from Payeer with reasonable fees in Europe. Or I am wrong?
I see that Paxful still have P2P available, but what next? I see that USDT is also prohibited on Binance. Money comes to my bank account from Binance always.

mateusz2209New MemberAuthor
Joined
Jul 2024
Messages
9

#7

Ok, I found a way. Dumb that I was not aware on this. On payeer there's way to exchange to crypto and then send crypto to the exchange. Not fast and not cheap, but working.

Thanks guys for answers. Thread can be closed :)

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