How To Convert Dollar To Naira online and Make up to 100 Naira Extra | Using Binance & TransferWise HD

00:00 - Teaser 00:21 - Intro 01:45 - Fund Your Wise Borderless Account Balance 03:31 - Send Money From Wise To Binance 08:23 - Sell USDT For Naira 15:33 - Outro Steps (summary) ------------ - Get USD/EUR FX - Keep it in Wise (USD/EUR Balance) - Buy USDT in Binance P2P using Wise (USD/EUR) Balance - Sell USDT for your target currency and receive it through a Bank Account Create Accounts: ------------------ Binance - https://www.binance.com/en/register?ref=GV3JL6Z3 Wise (TransferWise) - https://wise.com/invite/u/amanzeo Borderless Account using Wise (video) - https://youtu.be/kufO6UkmT4o ------------- STEPS IN THE VIDEO ------------------- If you transfer money through CBN you’ll make only 5 Naira for every USD you convert. Eg. 1USD = 385 Naira + 5 Naira Here is how I make up to 100 Naira for each USD I convert to Naira. 1USD = 485 Naira All you need are 3 Things: - Nigerian Bank Account - Binance account - Borderless Bank account What we are going to be doing is to try to get our USD from our borderless account into our Nigerian account. 1 - Get Money into your Borderless Account I use Wise (formerly known as TransferWise) as my borderless account holder. Todo - I have a video on “How I Receive Money As a Remote Software Engineer” (here) I already have money in my borderless account, but if you don’t, you can use your credit/debit card to add money into it, or do a wire transfer using the details provided Wise only allows me to receive EUR as a Nigerian, and USD only from a US account. So I use my EUR balance to receive money. 2- Send Your Money from Borderless account to Binance Binance allows you to trade crypto-currencies with other people. So what we need to do is convert our Money from Wise (TransferWise) to a crypto-currency. Crypto-currencies can be confusing, so I use a crypto-currency that is tied to a fiat-currency. I use USDT. 1 USDT is equal to 1 USD, so this is not too confusing for me. To buy USD, I need to look for someone selling it for the fiat-currency I have. So I look in Binance P2P for someone willing to: - Sell USDT for EUR. - Using Wise - At a reasonable price - With High completion-rate Then I need to: - Select how much I want to buy - Make the deposit - Confirm I have made the deposit Then the USDT is released. 3 - Sell my USDT for Naira To sell my USDT and get Naira, I need to give Binance my bank details. Once Binance has my bank details I can now sell my USDT for Naira. Before receive money from other people on Binance: - Don’t sell your USDT to someone with unrealistic buying price - Don’t sell to people with low completion-rate - Make your you have a way to confirm payment You can sell your USDT in almost the same way you bought it in Binance P2P. Look for someone willing to: - Buy USDT for Naira - Using Bank Transfer - At a reasonable price - With High completion-rate Then you need to wait for them to: - Transfer the money into your account - Confirm that they have paid you You then have to: - Check you