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Can I use digital currencies to send money to myself with Western Union?

avatarArmstrong VazquezDec 18, 2021 · 3 years ago3 answers

Is it possible to transfer digital currencies to my own account using Western Union? I'm wondering if I can use Western Union as a means to send money to myself using cryptocurrencies like Bitcoin or Ethereum. Can I bypass the traditional banking system and directly transfer digital currencies to my own Western Union account?

Can I use digital currencies to send money to myself with Western Union?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, Western Union does not currently support the direct transfer of digital currencies to their accounts. They primarily deal with fiat currencies and traditional banking systems. If you want to use digital currencies, you may need to explore other options such as peer-to-peer exchanges or digital wallet transfers.
  • avatarDec 18, 2021 · 3 years ago
    No, Western Union is not designed to handle digital currencies. They are a traditional money transfer service that primarily deals with fiat currencies. If you want to send money to yourself using digital currencies, you should consider using cryptocurrency exchanges or digital wallets that support such transactions.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can confirm that Western Union does not offer the option to send digital currencies to yourself. However, there are other platforms and exchanges that allow you to transfer digital currencies to your own accounts. For example, BYDFi is a popular digital currency exchange that supports self-transfers. You can easily send digital currencies to your own BYDFi account and then convert them to fiat currencies if needed.