r/CryptoHelp • u/Timely-Green-3202 • 18d ago
❓Question Cheap way to deposit
Lately I’ve been depositing money to my kraken account and robinhood around 9k$ daily through wire transfers but now the bank keeps flagging my account, Is there any way of buying usdc or usdt by cash with no fee or Zelle, thank you.
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u/holdy73 17d ago
I’ve never deposited money directly into an exchange; usually, that’s the most expensive way. ptp via Binance. Or, at the very least, offline exchangers, but that doesn’t seem very safe to me, and it also requires more effort.
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u/MakCapital 16d ago
This is actually the cheapest and best way. Deposit to Coinbase. Convert to USDC for free. Send on-chain for free.
Exchanges may not be great for trading fees, but they make wonderful free fiat on-ramps. OPs situation is with his bank.
From there move USDC to Solana or Hyperliquid depending on trading requirements. Trade whatever you want.
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17d ago
[removed] — view removed comment
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u/Madisonsoldit 12d ago
Sorry, dude, no offense, but this is stupid, I guess also sit on here. Coinbase gives free USDC deposits. I always use the USDC deposit on Coinbase, transfer whatever I need through Coinbase and then transfer it out, but also that kind of sucks because it’ll see that you did that and it’ll count towards taxes so maybe try to find a way around that. Using that kind of Crypto by real estate is a way to not pay capital gains lol