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Is it possible to deposit funds into my TorFX account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
TorFX
Withdrawal
Deposit
06-28
Estados Unidos
WikiFX
Sagot

Based on my experience and careful review of TorFX as detailed above, I would not expect to be able to deposit funds into a TorFX account using cryptocurrencies like Bitcoin or USDT. TorFX is positioned strictly as a fiat currency transfer service, regulated in Australia under ASIC, and there is no indication they support crypto payments or transfers. Their service is centered on personal and business money transfers using conventional currencies, offering features like forward contracts, currency orders, and risk management, but there is no mention of handling crypto assets or wallets. In my own trading journey, platforms that handle traditional money transfers and are regulatory-compliant, like TorFX, typically keep a clear distance from digital asset deposits due to regulatory, legal, and risk management reasons. This is often for the benefit of transparency, compliance, and client protection. While TorFX does seem to have a legitimate track record for forex and money transfer services—albeit with some concerning user complaints about withdrawals that I personally would view as red flags—it simply does not cater to the needs of traders or clients looking for crypto integration. For anyone requiring the ability to deposit with Bitcoin or USDT, I would recommend considering other brokers or platforms where cryptocurrency deposits are explicitly supported, and always verifying regulatory status and user reviews before proceeding.

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United States
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