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What are the fees and transaction speeds for sending money internationally using cryptocurrency platforms like Remitly and PayPal?

avatarJoel AmpuanNov 24, 2021 · 3 years ago7 answers

Can you provide information on the fees and transaction speeds for sending money internationally using cryptocurrency platforms such as Remitly and PayPal? I'm particularly interested in understanding how these platforms compare in terms of cost and speed for international money transfers.

What are the fees and transaction speeds for sending money internationally using cryptocurrency platforms like Remitly and PayPal?

7 answers

  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, the fees and transaction speeds can vary. Remitly charges a fee based on the transfer amount and the destination country. The fees can range from a few dollars to a percentage of the transfer amount. As for transaction speeds, Remitly offers different options such as express transfers, which can take a few minutes to complete, and economy transfers, which can take a few business days. PayPal, on the other hand, charges a fee based on the transfer amount and the payment method used. The fees can also vary depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to complete. It's important to note that the fees and transaction speeds may change over time, so it's always a good idea to check the latest information on the respective platforms' websites.
  • avatarNov 24, 2021 · 3 years ago
    Sending money internationally using cryptocurrency platforms like Remitly and PayPal can involve different fees and transaction speeds. Remitly charges a fee for each transfer, which can vary depending on factors such as the transfer amount and the destination country. The fees can range from a few dollars to a percentage of the transfer amount. As for transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal also charges a fee for international transfers, which can vary based on factors such as the transfer amount and the payment method used. The fees can also differ depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to consider these factors when choosing a platform for international money transfers.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, the fees and transaction speeds can vary. As for Remitly, the fees for international transfers depend on the transfer amount and the destination country. The fees can range from a few dollars to a percentage of the transfer amount. In terms of transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal charges a fee for international transfers based on the transfer amount and the payment method used. The fees can also vary depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to compare the fees and transaction speeds of these platforms to choose the one that best suits your needs.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, it's important to consider the fees and transaction speeds. Remitly charges a fee for each transfer, which can vary depending on factors such as the transfer amount and the destination country. The fees can range from a few dollars to a percentage of the transfer amount. In terms of transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal also charges a fee for international transfers, which can vary based on factors such as the transfer amount and the payment method used. The fees can also differ depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to compare the fees and transaction speeds of these platforms to make an informed decision.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, the fees and transaction speeds can vary. Remitly charges a fee for each transfer, which can range from a few dollars to a percentage of the transfer amount, depending on factors such as the transfer amount and the destination country. In terms of transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal charges a fee for international transfers based on the transfer amount and the payment method used. The fees can also vary depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to compare the fees and transaction speeds of these platforms to choose the one that suits your needs.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, the fees and transaction speeds can vary. Remitly charges a fee for each transfer, which can range from a few dollars to a percentage of the transfer amount, depending on factors such as the transfer amount and the destination country. In terms of transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal charges a fee for international transfers based on the transfer amount and the payment method used. The fees can also vary depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to compare the fees and transaction speeds of these platforms to choose the one that suits your needs.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to sending money internationally using cryptocurrency platforms like Remitly and PayPal, the fees and transaction speeds can vary. Remitly charges a fee for each transfer, which can range from a few dollars to a percentage of the transfer amount, depending on factors such as the transfer amount and the destination country. In terms of transaction speeds, Remitly offers different options such as express transfers and economy transfers. Express transfers are typically faster and can be completed within minutes, while economy transfers may take a few business days. On the other hand, PayPal charges a fee for international transfers based on the transfer amount and the payment method used. The fees can also vary depending on the destination country. In terms of transaction speeds, PayPal offers instant transfers within the same currency, but international transfers can take a few business days to process. It's important to compare the fees and transaction speeds of these platforms to choose the one that suits your needs.