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Best offramp into AUD or an AUS bank account?

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by COINS NEWS 46 Views

Hi y'all. I'm looking for your experience with offramping crypto into Australian Dollars.

I'm going to be moving down under soon and am going to need to move some funds for living to an Aussie account.

Looking to avoid wire transfer fees or even using something like Wise (which is my backup option.) It feels like a USDC > AUD transfer should be totally possible with how long crypto has been around now. And I know I can get USDC onto a variety of chains for free via Coinbase.

So far I'm wondering if Coinbase does the same thing on the Aussie side and I could maybe just open an Australian Coinbase account and offramp that way.

Does anyone know the best way to get the $$ off chain in Australia? Also, am I setting myself up to get flagged for money laundering or something if I do it on crypto rails? My plan is to do it as cheap as possible, and legally.

Thanks in advance for any advice!

submitted by /u/ForestFreund
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