What is the best way to send money from Canada to India using cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best ways to send money from Canada to India using cryptocurrency is by using a peer-to-peer exchange platform. These platforms allow you to directly connect with individuals in India who are looking to buy cryptocurrency with Indian Rupees. By selling your cryptocurrency to them, you can effectively transfer money from Canada to India. Some popular peer-to-peer exchange platforms include LocalBitcoins and Paxful. Make sure to choose a reputable platform and follow their guidelines to ensure a smooth transaction. Happy trading! 😉
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• Dec 16, 2021 · 3 years ago
  If you're looking for a more traditional approach, you can consider using a cryptocurrency exchange that supports both Canadian and Indian fiat currencies. You can deposit your Canadian dollars into the exchange, convert it into cryptocurrency such as Bitcoin or Ethereum, and then withdraw the cryptocurrency in Indian Rupees to your Indian bank account. Some popular exchanges that support both currencies include Binance and Coinbase. Keep in mind that you may need to go through a verification process and there may be fees involved. 👍
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we offer a convenient and secure way to send money from Canada to India using cryptocurrency. Our platform allows you to deposit Canadian dollars, convert them into our native token, and then send the tokens to your recipient in India. The recipient can then convert the tokens into Indian Rupees and withdraw them to their bank account. We pride ourselves on our fast transaction times, low fees, and excellent customer service. Give BYDFi a try for your money transfer needs! 💪
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