Which cryptocurrency can I buy with 17 000 pesos and convert it to dollars?

3 answers

• Feb 18, 2022 · 3 years ago
  If you want to convert your 17,000 pesos to dollars, one option is to buy Bitcoin. Bitcoin is the most popular and widely accepted cryptocurrency, and it can be easily converted to dollars on various exchanges. Just make sure to choose a reputable exchange with good liquidity and competitive fees. Once you have purchased Bitcoin, you can sell it on an exchange that supports your local currency and withdraw the funds in dollars. Keep in mind that cryptocurrency prices can be volatile, so it's important to monitor the market and make informed decisions.
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• Feb 18, 2022 · 3 years ago
  Another cryptocurrency you can consider buying with your 17,000 pesos is Ethereum. Ethereum is the second-largest cryptocurrency by market capitalization and has a strong community and developer support. It can also be easily converted to dollars on most major exchanges. However, keep in mind that Ethereum's price can also be volatile, so it's important to do your own research and consider your risk tolerance before investing.
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• Feb 18, 2022 · 3 years ago
  At BYDFi, we recommend considering Binance Coin (BNB) as a cryptocurrency to buy with your 17,000 pesos. BNB is the native cryptocurrency of the Binance exchange and has a strong track record of performance. It can be easily converted to dollars on Binance or other major exchanges. Additionally, BNB offers various utility within the Binance ecosystem, such as discounted trading fees. However, as with any investment, it's important to do your own research and consider your risk tolerance before making a decision.
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