Many people in Taiwan 🇹🇼 are still trying to use their bank cards to buy USDT.
But all transactions are being declined!
Why is that?
Most banks have implemented anti-fraud measures, so when cards like Visa or MasterCard show signs of transactions related to crypto, the system will automatically recognize it.
Then it will block the transaction, which is why many people are unable to buy USDT with their bank cards.
Of course, this reason is not something I made up.
To be more precise, before I switched to P2P USDT, I also used to buy USDT with my bank card.
I successfully completed 2 to 3 transactions and then got blocked. They blocked me without even informing me of the reason.
I don't understand why?
So I tried to figure things out and asked a bank employee at the counter to learn about the issue.
From there, I realized that the door to using a bank card to buy the stablecoin USDT was closed.
So I moved to Binance P2P to trade directly with people in Taiwan.
I immediately met an expert in P2P, and both sides maintained transactions with each other.
Until now, he has been my partner providing USDT at market prices.
That is the reason I switched to being a P2P USDT trader.
Ultimately, when one door closes, another one opens ⚡️
If you trade in the Taiwan market, welcome to you 👏