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Re:Binance US No Longer Allows USD Withdrawal for Users by lesuorac on Wednesday October 18, 2023 @01:31PM (#37931925)
Well they use it to avoid international sanctions but International Remittance is extremely common.

The fees of which are estimated to be over 5% [1]; I mean imagine losing 5% of your paycheck just because of currency problems!

The current Etherum TX fee is 0.0004 which at 1 ETH / 1,573.09 USD comes out to 62 cents.

Would your rather pay 5% of your transfer to send money home to your family or 62 cents?

[1]: https://fbf.eui.eu/what-explains-international-remittance-fe...

Re:Binance US No Longer Allows USD Withdrawal for Users by Arainach on Wednesday October 18, 2023 @02:47PM (#37932952)
I would gladly pay 5% to support enforcement denying funds transfer to war criminals.
Re:Binance US No Longer Allows USD Withdrawal for Users by hnfong on Wednesday October 18, 2023 @11:48PM (#37938122)
Are you paying your 5% dues? And why aren't you?

Talk is dirt cheap.

Re:Binance US No Longer Allows USD Withdrawal for Users by EVa5I7bHFq9mnYK on Thursday October 19, 2023 @02:57AM (#37939436)
Do you realize the OP's use case involves funds transfer FROM war criminals? An average European, however, filling her car by gas imported from Russia (by way of Indian refineries), is transferring funds TO war criminals.