[anony23]

If you count the time for opening an exchange account and doing kyc, you should do the same when you talk about your bank. You only have to open the exchange account once just like you do for your bank. After that it's definitely cheaper and faster to send crypto. Whether or not it's as secure depends on what bank we are comparing to.

[bcrl]

Crypto cheaper? Seriously? I pay $0 in fees for doing an EFT (or ACH) from my bank account to another bank account. Wire transfers via a currency trading platform I use don't charge a percentage either. If I tried to do that via crypto, I'd be paying a few points in exchange fees to go from fiat to crypto then back again in another country. It isn't cheaper if you're using the right banking platform.