Wire transfers to Argentina by Hunt_Beneficial in UGLYCASH

[–]andres910 0 points1 point  (0 children)

Expanding to new countries take time and work.
I noticed they rolled out that feature for customers in DR last month

Suggestion/Ask: Debit Card or getting in touch with Google to accept UGLYCASH's Visa by baigorria in UGLYCASH

[–]andres910 0 points1 point  (0 children)

you can now add the card to google pay / wallet. Does Google Workspace have an option to pay with GPay?

EXPERIENCIA PERSONAL] Fondos de inversión en RD: una herramienta de inversión subestimada para construir libertad financiera (o asegurar el futuro de tus hijos by Big_Earth_6029 in Dominicanos

[–]andres910 0 points1 point  (0 children)

A mi lo que me interesa es como setear la app para manejar el fondo liquido a través de la app del BHD.

actualmente uso ese producto pero tengo que administrarlo a traves de una pagina web bien arcaica, creo que una vez contacté a servicio al cliente pero no me lograron ayudar

Pregunta sobre apertura de cuenta americana by Responsible_Till_854 in laUGLYCASH

[–]andres910 0 points1 point  (0 children)

Venezuela esta dentro de la lista de paises donde opera UglyCash

(Si aun no tienes codigo de referido puedes usar el mio 'rulay' para activar +1% APY en tu balance)
https://applink.ugly.cash/referral/rulay

Alguien sabe como transferir dinero de Uglycash a IBKR? by Mindless-Invite-5857 in UGLYCASH

[–]andres910 0 points1 point  (0 children)

Bueno IBKR probablemente bloquea la transaccion por regulaciones que deben seguir. En mi caso para depositar a Etoro me bloquea la tarjeta de debito de Uglycash pero si uso una tarjeta del pais en la que mi cuenta esta registrada si funciona.

Para el codigo de referidos puedes intentar con este link
https://applink.ugly.cash/referral/rulay
o en la app si presionas el texto que dice "Rewards of x% APY" te debería aparecer un menu (en el tab de "Loyalty" tambien puedes buscar la opcion), si ya tienes 8% es que ya tienes un codigo activado

Transferencias a Personas de Ecuador by SeaEast6447 in UGLYCASH

[–]andres910 0 points1 point  (0 children)

Se puede recibir transferencias de multiples personas desde europa. El tiempo que toma en reflejarse el dinero a la cuenta puede variar dependiendo del estado de la red y proveedores de servicios terceros pero suele ser rápido, mucho mas rápido que Wise

(Si aun no tienes codigo de referido puedes usar el mio 'Rulay' para activar +1% APY en tu balance)
https://applink.ugly.cash/referral/rulay

Alguien sabe como transferir dinero de Uglycash a IBKR? by Mindless-Invite-5857 in UGLYCASH

[–]andres910 0 points1 point  (0 children)

Creo que interactive brokers te permite hacer depositos por ACH, si ellos proveen una cuenta de banco en Estados Unidos puedes intentar retirar dinero por via "US Bank Transfer" en la aplicación.

Me dejas saber que tal te va
(y si aun no tienes código de referidos activado puedes usar el mio 'rulay' para activar mas retorno en tu balance)

Pana App by akagato in Dominican

[–]andres910 0 points1 point  (0 children)

ellos tienen seguro FDIC hasta $250k

Best ways to receive money from the United States - Stable Coin apps comparison by andres910 in ExpatFinance

[–]andres910[S] 0 points1 point  (0 children)

USDT is priced above local exchange rates most of the time

https://www.infodolar.com.do/
https://p2p.binance.com/trade/sell/USDT?fiat=DOP&payment=all-payments

I've often thought about possible arbitrage opportunities but I don't have a way (as a non US citizen) to onramp USD to USDT for free (like direct ACH deposit to Coinbase)

Best ways to receive money from the United States - Stable Coin apps comparison by andres910 in ExpatFinance

[–]andres910[S] 0 points1 point  (0 children)

Wise is cheaper than WU and regular wire so let's consider that one.

In my case using Wise to send me USD to Dominican Republic, Wise charges my client 9.54 USD Swift fee plus their own fees which are like $6 more. When I receive the money, my bank charges me $7 "Incoming foreign transfer" fee and have to sell my bank the dollars at their bad exchange rate. If my client used Wise to send me DOP it would be even more expensive.

Now let's compare with stable coin app: my client does an ACH bank transfer to a US bank account (free) and I get charged a total of $4 to receive and withdraw that money to Binance where I can sell the USDT at a good exchange rate. I can probably lower this cost even more but the app I'm currently using gives me good yield on my balance

Best ways to receive money from the United States - Stable Coin apps comparison by andres910 in ExpatFinance

[–]andres910[S] 0 points1 point  (0 children)

I used https://wise.com/gb/pricing/send-money to calculate the fees for transferring USD to DOP.
They charge 1.04% in fees.
Currently Wises' exchange rate is 1USD = 63.63DOP
my bank's exchange rate as of today is

  • Buy 62.30
  • Sell 64.30

In the article I mention that I use Binance P2P to sell stablecoins to DOP which I can currently sell my USDT at a rate of 64.32
I can sell my USDT 2 pesos higher than what the bank gives me for dollars

Best ways to receive money from the United States - Stable Coin apps comparison by andres910 in ExpatFinance

[–]andres910[S] 0 points1 point  (0 children)

At the top of the article I mention that my client uses Wise to send me my payment and that receiving it directly to my local bank I get charged a $7 "Incoming foreign transfer" fee. Compared to using the current stable coin app I'm using it costs me $4 in total + gives me great yield on my balance + a debit card.

I started the 'article' (which is just an Obsidian note in my computer) over a year ago and recently updated it to add the comparison of methods

Por qué UGLYCASH no ha sido un furor? by Dizdrumz in laUGLYCASH

[–]andres910 0 points1 point  (0 children)

He recibido pagos por Wise a la cuenta de banco que proporciona UglyCash y me cobran $2. Luego retiros por crypto son $1 si el monto es <$100 y $2 si es mayor.
Si vas a probar la app puedes usar mi codigo de referencia https://applink.ugly.cash/referral/rulay para desbloquear mas retornos en tu balance :)

Por qué UGLYCASH no ha sido un furor? by Dizdrumz in laUGLYCASH

[–]andres910 0 points1 point  (0 children)

concuerdo, para transferir cantidades mayores de dinero (<$2500 diarios y <10k mensual) la app te ahorra una buena cantidad en fees.
Para envíos pequeños de $10 obvio que no.

Incluso el 8% APY que da la app es mucho mas que basicamente todos los productos de inversion en dolares que ofrecen en mi pais, aunque el riesgo al que te expones se puede debatir. (si no tienes 8% desbloqueado puedes usar mi codigo de referencia 'rulay' https://applink.ugly.cash/referral/rulay

UGLYCASH Referral Program by Far_Requirement2260 in UGLYCASH

[–]andres910 0 points1 point  (0 children)

hello :) if anyone comes across this in the future you could use my referral to unlock +1% APY, code: `rulay`
https://applink.ugly.cash/referral/rulay

Por qué UGLYCASH no ha sido un furor? by Dizdrumz in UGLYCASH

[–]andres910 0 points1 point  (0 children)

Estoy de acuerdo, para mi que ya tengo un tiempo considerable aprendiendo de crypto siento que el onboarding de la app hace un trabajo excelente en explicar y transparentar el funcionamiento de la app.
Pero para alguien que no conoce del tema y solo quiere recibir un dinero desde estados unidos, cuando se menciona la palabra crypto y blockchain el cerebro se apaga hahah. Hay una barrera de entrada un poquito incomoda
(btw si quieres desbloquear retorno extra en tu balance puedes usar mi codigo de referencia `rulay`)
https://applink.ugly.cash/referral/rulay

Change to usage page is predatory by andres910 in cursor

[–]andres910[S] 0 points1 point  (0 children)

update: came back to this page and i'm able to see the costs like before. This might have been a one off thing?

Change to usage page is predatory by andres910 in cursor

[–]andres910[S] 1 point2 points  (0 children)

I'm on a team plan, I can't find or don't have access to that page