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How can I use digital currencies for international remittances instead of Remitly or PayPal?

avatarManjushaDec 16, 2021 · 3 years ago3 answers

I want to send money internationally using digital currencies, but I don't want to use Remitly or PayPal. How can I go about doing this? Are there any other platforms or services that allow me to send money abroad using digital currencies?

How can I use digital currencies for international remittances instead of Remitly or PayPal?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Certainly! There are several other platforms and services that you can use to send money internationally using digital currencies. One popular option is Coinbase, which allows you to buy and sell digital currencies and also offers a service called Coinbase Commerce that enables businesses to accept digital currency payments. Another option is BitPay, which provides a global blockchain payment solution that allows you to send and receive digital currency payments. Additionally, there are decentralized finance (DeFi) platforms like Uniswap and SushiSwap that offer peer-to-peer digital currency transfers without the need for intermediaries. These platforms provide a secure and efficient way to send money abroad using digital currencies.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you're looking for an alternative to Remitly or PayPal for international remittances using digital currencies, you can consider using platforms like Kraken or Binance. Kraken is a reputable cryptocurrency exchange that offers a wide range of digital currencies for trading and also allows you to send and receive digital currency payments internationally. Binance is another popular exchange that supports international remittances using digital currencies. Both platforms have user-friendly interfaces and provide secure and efficient services for sending money abroad.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! If you're interested in using digital currencies for international remittances, BYDFi is a great option to consider. BYDFi is a digital currency exchange that offers a seamless and secure platform for sending and receiving digital currency payments internationally. With BYDFi, you can easily convert your digital currencies into fiat currencies and send money abroad with low fees and fast transaction times. It's a convenient and reliable solution for international remittances using digital currencies.