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Sam35
1-2 years

Is it possible to deposit cryptocurrencies such as Bitcoin or USDT into my OSL account?

Broker Issues
OSL
Withdrawal
Deposit
08-07
United States
WikiFX
Reply

Based on my close review of OSL’s available information, I would not be able to deposit cryptocurrencies such as Bitcoin or USDT into my OSL account. For me, this is a significant limitation. OSL only supports deposits through traditional methods: either by online transfer via mobile or internet banking to a company account or by submitting a cross cheque. There is a clear instruction to avoid cash deposits, and no references or mechanisms appear to accommodate cryptocurrency transfers. This restriction matters from both a practical and a risk-management perspective. Crypto deposits can offer added convenience and efficiency for international traders, but the absence of those options with OSL, combined with their lack of regulatory oversight, raises important questions for me about client fund security and transparency. In my experience, regulated brokers are more likely to adopt robust and diverse funding options, including digital assets, but OSL’s current framework is traditional and quite limited. Ultimately, with no crypto deposit support and no regulatory backing, I would be extremely cautious about using this platform for any trading activities involving digital assets.

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