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WikiFX
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Tom Nalichowski
Within 1 year

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

Broker Issues
MTFX
Withdrawal
Deposit
03-20
United States
WikiFX
Reply

From my experience and after carefully examining MTFX’s services, I have found no information indicating that MTFX supports cryptocurrency deposits like Bitcoin or USDT. MTFX focuses mainly on cross-border payments and foreign exchange services, particularly involving traditional fiat currencies. Its offerings cater to both individual and corporate clients needing multi-currency fund transfers, risk hedging, and remittance, but always through conventional banking rails. For both personal and business transfers, MTFX states that funds are deposited directly to the recipient’s bank account, with no mention of crypto payment options anywhere in their published materials. For me, as someone who prioritizes transparent processes and security, the lack of explicit support for cryptocurrency funding is a critical detail. While some fintech and exchange platforms have moved toward accepting digital assets, I have not seen evidence that MTFX has followed suit. Also, as an unregulated entity with warnings noted about its regulatory status—even its licensing claims are under dispute—I exercise heightened caution with this provider. Without clear, verifiable support for crypto deposits on their platform and given the prominence of traditional bank-based transfers, I would not assume that such funding routes are available. For anyone who requires or prefers to use cryptocurrency as a deposit method, this limitation is important to recognize before considering MTFX for cross-border transactions.

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