While we are building out additional payment infrastructure, we are HIGHLY recommending that you fund your Coast account using Wise.com.
The benefits include:
1. Speed - users globally are getting funds as fast as next-day.
2. Cost - users globally are getting funds in their Coast account for < 0.5%.
3. Sovereignty - we don't store any of your payment information.
4. Options - you can fund your Wise.com account with multiple different local transfer methods specific to your country.
5. Withdrawals - Wise will allow you to ACH out of your Coast account any time.
6. Recurring Payments - Wise provides the ability to schedule recurring sends.
It probably seems strange for us to be sending you off our platform. But ultimately after considerable effort, we have determined that this is the best process to get as much of your money onto PulseChain as possible.
1. Create a Wise.com Account
2. Select Account Type
3. Choose Account Location
4. Verify with Phone
5. Complete 2FA
6. The Wise.com Dashboard
7. Login to your External Online Banking
In this example we will be using one of the largest banks in Australia to demonstrate how easy it is to use local bank to bank transfers through wise.com - but keep in mind that they provide very similar services in more than 150 countries. Your local bank is very likely supported no matter where you are.
8. Login to your Coast Account
9. Click "Deposit Cash"
You will find this button in the center of the Mint & Burn page.
10. View Wise.com Details
When you click Deposit Cash, Wise.com will load as the first option for deposits. This drawer contains ALL the information you will need to fund your digital account using Wise.com. Please note that the recipient name is Fortress Trust LLC not your name.
11. View Wise.com Recipients
12. Add A Recipient
When adding a recipient be sure to select ACH. Do not select Wire or Swift as these methods are not accepted by our banking partner for deposits. Also note that we suggest putting "Savings" as you are sending $$$ to your Trust account in the USA. The next screenshot shows "Checking". Both Savings and Checking will work.
13. View New Recipient
14. Nickname Your Account
15. Save as "Fortress Trust"
16. View Fortress Trust Recipient
If you have created the recipient correctly in Wise, it should look something like this:
17. Start A Transfer
18. Select Funding Method
19. Note the Total Fees
20. Select Recipient Account
21. Review Transfer Details
22. Select Funding Method
23. Pay for Transfer
24. Open Pay Anyone
25. Select Recipient
24. Review and Confirm
24. Security Confirmation
25. Wise Transfer Sending
26. Wise Transfer Timeline
27. Other Options
We have heard that Revolut.com is another excellent borderless payment platform that can be used to fund your Coast account.
Need help with a Wise.com deposit?
If you have any issues with creating a recipient or starting a transfer, please contact our support team using the website chat feature in the bottom right of the screen.
App: app.0xcoast.com
Website: 0xcoast.com
Twitter: @0xCoast
Telegram: @Coast0x