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@danikah As in percentage of premium paid over market convertion rate.

@bluesneakers Yeah ive got those too but im worried about the conversions. Using Luno, it works out to cost 0.5-1% depends if im using market maker or taker. Wise fiat transfer costs about 1% so crypto savings doesnt justify the risk/ uncertainty

@sophiaofthemoonlight Sounds logical. I was planning to bring enough to survive 3 months too. The most cost effective way so far is to open up an account in australia and use wise to transfer the rest to it. (Enabling overseas withdrawal will be done incase i really need it) Thanks for the...

@kenniel Wow theyre promising! Looking at it, theres a premium of 1% over the forex prices. In comparison western union costs 5%, Standard chartered 3%, HSBC 2-3%. I will look further into it. 😊😊

@kghpilotskydive I see. Thanks for sharing 😊

@kghpilotskydive Yeah that would be a bummer. The fees of converting thru crypto will probably cost about as much as other methods anyways. Out of curiosity, howmany percent did you save by using USDT conpared to western union?

@kghpilotskydive Thanks. I was considering USDC with the same method but am afraid of anti money laundering implications. I have about 2 months to figure it out and will research more about: 1. Western union 2. Forex account with hsbc/standard chartered 3. Usdc. Personally try to avoid this as...

@smissy I studied in an Australian university in Malaysia and am using the medical degree and got a job as a doctor there.

@sonas Thanks. Ive heard of it, will look into it.

@ncc70 Appreciate the discount. I hope it helps you get the bonus.

@resjudicata Alright. Will do. Thanks!

@resjudicata Looked it up. Looking like the most cost effective way of transferring overseas. Appreciate the input.

Whats the best way to have access money in australia once I get there? I do not feel comfortable carrying money on myself and depositing the money into a bank once there. Forex account? Western union? Much appreciated for the help. Edit: Thanks for the suggestions. The prospective methods...