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Is it possible to convert money from Wise to Bitcoin?

avatarJespersen BrodersenNov 26, 2021 · 3 years ago3 answers

I am wondering if it is possible to convert money from Wise (formerly known as TransferWise) to Bitcoin. I have some funds in my Wise account and I would like to invest in Bitcoin. Can I directly transfer the money from Wise to a Bitcoin exchange and purchase Bitcoin? Or do I need to go through a different process to convert my money from Wise to Bitcoin?

Is it possible to convert money from Wise to Bitcoin?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, it is possible to convert money from Wise to Bitcoin. You can transfer the funds from your Wise account to a Bitcoin exchange that supports Wise transfers. Once the funds are in the exchange, you can use them to buy Bitcoin. Just make sure to check if the exchange you choose supports Wise transfers and offers Bitcoin trading.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! You can convert money from Wise to Bitcoin by following a few simple steps. First, transfer the funds from your Wise account to a bank account that is linked to a Bitcoin exchange. Once the funds are in the bank account, you can use them to buy Bitcoin on the exchange. Keep in mind that there may be fees associated with the transfer and conversion process, so it's important to consider those before making any transactions.
  • avatarNov 26, 2021 · 3 years ago
    Converting money from Wise to Bitcoin is indeed possible. However, it's important to note that Wise itself does not directly support Bitcoin transactions. To convert your money from Wise to Bitcoin, you will need to transfer the funds from your Wise account to a bank account that is connected to a Bitcoin exchange. Once the funds are in the bank account, you can use them to purchase Bitcoin on the exchange. Keep in mind that the process may involve additional fees and may take some time to complete.