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WikiFX
Ahmed Harb
1-2 years

Is it possible to deposit funds into my MONETARY GOLD account using cryptocurrencies such as Bitcoin or USDT?

Broker Issues
MONETARY GOLD
Withdrawal
Deposit
07-26
United States
WikiFX
Reply

Based on my thorough review of MONETARY GOLD, I would approach any funding decisions with significant caution. When considering the use of cryptocurrencies like Bitcoin or USDT to deposit into a brokerage account, my priority is always the security and regulation of the platform. For MONETARY GOLD, the most concerning issue for me is the complete lack of valid regulatory oversight. WikiFX clearly states there is “no valid regulatory information,” and highlights high potential risk alongside a very low overall broker score. This is a major red flag in any financial service, but especially important when dealing with irreversible payment methods such as cryptocurrencies. Personally, before funding any account—particularly with crypto—I require full transparency regarding the broker’s deposit methods and client fund protections, neither of which are made clear by MONETARY GOLD according to the available data. Crypto payments, once sent, are difficult if not impossible to recover if something goes wrong, making regulatory guarantees all the more crucial. While it is technically possible for some brokers to support crypto deposits, I found no verifiable detail from MONETARY GOLD about accepted deposit methods, which only adds to my hesitation. Given these factors, I cannot recommend attempting to deposit any funds, especially via crypto, with MONETARY GOLD. For me, a broker’s trustworthiness is paramount—and in this case, serious gaps in regulation and information lead me to stay away until, at minimum, regulatory clarity is established.

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