How can I avoid high fees when sending money internationally with cryptocurrencies?

3 answers

• Feb 18, 2022 · 3 years ago
  One way to avoid high fees when sending money internationally with cryptocurrencies is to use a decentralized exchange. Decentralized exchanges often have lower fees compared to centralized exchanges because they don't require intermediaries. Additionally, you can consider using stablecoins, which are cryptocurrencies pegged to a stable asset like the US dollar. Stablecoins can provide a more stable value for your international transfers and may have lower fees compared to other cryptocurrencies.
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• Feb 18, 2022 · 3 years ago
  Another option to avoid high fees when sending money internationally with cryptocurrencies is to use a peer-to-peer platform. Peer-to-peer platforms connect individuals who want to buy or sell cryptocurrencies directly, eliminating the need for intermediaries and reducing fees. However, it's important to do your research and choose a reputable platform to ensure the security of your transactions.
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• Feb 18, 2022 · 3 years ago
  At BYDFi, we understand the concerns about high fees when sending money internationally with cryptocurrencies. That's why we offer competitive rates and low fees for international transfers. With our user-friendly platform, you can easily send money across borders without worrying about excessive fees. Join BYDFi today and experience affordable international money transfers with cryptocurrencies.
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