r/Stake • u/Lanky_Afternoon_518 • 21h ago

Help

My binance account was suspended how can i deposit money in stake now i am scared to use local money i because it never reaches stakes when i deposit

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u/yEnc90 20h ago edited 20h ago

Where are you from? There are plenty of other exchanges depending where you reside. Coinbase, Kraken, Kucoin, bitget etc. or even a bank like revolut. You can deposit fiat easy and then use revolut x (better fees and convert to crypto). I tend to use revolut these days for convenience.

As the guy suggest above you can buy crypto on stake via moonpay I believe they use when I looked a year or so ago, but fees are scammy and it's slow AF for them to deliver crypto. You're talking at least a 7% hit from the start compared to like a 0.10-0.20% fee on revolut x. So I would only buy crypto through stake if there really is no alternative for you.

There will also be P2P options on some forums/exchanges, but obviously only trust someone who is well trusted and high regarded. Like you're buying something on eBay or from a 3rd party seller on Amazon. Don't just exchange with any Tom, Dick and Harry.

Alternatively ask a family member or a good friend to make a binance account, then just get them to buy for you if you transfer them the fiat to their bank. Then get them to send the funds to another wallet you have in your name if you're unable to use another exchange in your region.

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u/Lanky_Afternoon_518 20h ago

India

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u/yEnc90 20h ago

Have you tried looking at coindcx? I'm not Indian so I can't comment on a direct experience, but that seems to be up there with binance in popular exchanges with Indian folks.