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What are the best ways to send money to Sri Lanka using digital currencies from the USA?

avatarOLDFRYEGUYDec 16, 2021 · 3 years ago3 answers

I am in the USA and I want to send money to Sri Lanka using digital currencies. What are the most reliable and efficient methods to do so?

What are the best ways to send money to Sri Lanka using digital currencies from the USA?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One of the best ways to send money to Sri Lanka from the USA using digital currencies is through a peer-to-peer (P2P) platform. These platforms connect buyers and sellers directly, allowing you to find the best exchange rate and avoid high fees charged by traditional banks. Some popular P2P platforms for digital currency transfers include LocalBitcoins and Paxful. Simply create an account, find a seller in Sri Lanka, and initiate the transfer. Make sure to choose a reputable seller with positive feedback to ensure a smooth transaction.
  • avatarDec 16, 2021 · 3 years ago
    If you prefer a more traditional approach, you can use a digital currency exchange to send money to Sri Lanka. Coinbase and Binance are two well-known exchanges that support digital currency transfers. Simply create an account, deposit your digital currency, and convert it to Sri Lankan Rupees. You can then withdraw the funds to your recipient's bank account in Sri Lanka. Keep in mind that exchanges may charge fees for withdrawals and currency conversion, so compare the rates and fees before making a decision.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we offer a convenient way to send money to Sri Lanka using digital currencies. Our platform allows you to securely transfer funds from the USA to Sri Lanka with competitive exchange rates and low fees. Simply sign up for an account, deposit your digital currency, and initiate the transfer. Our team will ensure a fast and reliable transaction. With BYDFi, sending money to Sri Lanka has never been easier.