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Can I transfer money internationally using TransferWise and convert it directly into cryptocurrencies?

avatarSUDHARSON RDec 18, 2021 · 3 years ago3 answers

Is it possible to transfer money internationally using TransferWise and convert it directly into cryptocurrencies? How does the process work?

Can I transfer money internationally using TransferWise and convert it directly into cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, you can transfer money internationally using TransferWise and convert it directly into cryptocurrencies. TransferWise offers a feature called 'Borderless' which allows you to hold multiple currencies, including cryptocurrencies, in your account. You can convert your funds from one currency to another, including cryptocurrencies, at the real exchange rate. Simply link your TransferWise account to a cryptocurrency exchange and initiate the conversion process. Please note that fees and restrictions may apply depending on the cryptocurrency exchange and the country you are transferring money to.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! TransferWise provides a convenient way to transfer money internationally and convert it into cryptocurrencies. With TransferWise's 'Borderless' account, you can hold various currencies, including cryptocurrencies, and convert them at competitive rates. To convert your money into cryptocurrencies, you would need to link your TransferWise account to a cryptocurrency exchange and follow their conversion process. Keep in mind that each exchange may have its own requirements and fees, so it's important to research and choose a reliable exchange that supports the cryptocurrencies you're interested in.
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can transfer money internationally using TransferWise and convert it directly into cryptocurrencies. TransferWise's 'Borderless' account allows you to hold different currencies, including cryptocurrencies, and convert them seamlessly. To convert your money into cryptocurrencies, you'll need to link your TransferWise account to a cryptocurrency exchange. Once linked, you can initiate the conversion process and transfer your funds into the desired cryptocurrency. It's important to note that each cryptocurrency exchange may have its own fees and conversion limits, so make sure to review their terms and conditions before proceeding.