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Can transferwise swift code be used for international cryptocurrency transactions?

avatarRitusmita dashDec 15, 2021 · 3 years ago3 answers

Is it possible to use the swift code provided by Transferwise for conducting international cryptocurrency transactions? I am curious to know if Transferwise, which is commonly used for traditional money transfers, can also be used for transferring cryptocurrencies across borders. Can anyone shed some light on this?

Can transferwise swift code be used for international cryptocurrency transactions?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    No, Transferwise's swift code cannot be used for international cryptocurrency transactions. Transferwise is primarily a platform for traditional money transfers and does not support the transfer of cryptocurrencies. To conduct international cryptocurrency transactions, you would need to use a cryptocurrency exchange or a dedicated platform that supports such transfers.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, Transferwise's swift code is not compatible with international cryptocurrency transactions. While Transferwise is a popular choice for traditional money transfers due to its low fees and fast processing times, it does not offer support for cryptocurrencies. To transfer cryptocurrencies internationally, you should consider using a cryptocurrency exchange or a specialized platform that caters to such transactions.
  • avatarDec 15, 2021 · 3 years ago
    As an expert in the field, I can confirm that Transferwise's swift code cannot be used for international cryptocurrency transactions. However, there are other options available. For example, BYDFi, a leading cryptocurrency exchange, offers a seamless and secure way to transfer cryptocurrencies internationally. Their platform is designed specifically for cryptocurrency transactions and provides a wide range of features to ensure a smooth experience.