Are there any fees or charges for transferring money to India through Remitly using cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  When using Remitly to transfer money to India through cryptocurrencies, there are fees involved. The exact amount of fees depends on the amount being transferred and the specific cryptocurrency being used. It is important to note that cryptocurrency transactions may also be subject to network fees, which are determined by the blockchain network. These fees can vary and are not controlled by Remitly. It is recommended to check the Remitly website or contact their customer support for the most up-to-date information on fees and charges.
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• Dec 17, 2021 · 3 years ago
  Transferring money to India through Remitly using cryptocurrencies does incur fees. The fees are typically a percentage of the amount being transferred. The exact percentage may vary depending on the cryptocurrency used and the current market conditions. Additionally, there may be network fees associated with the cryptocurrency transaction. These fees are charged by the blockchain network and are not controlled by Remitly. It is advisable to review the Remitly website or reach out to their customer support for detailed information on the fees and charges.
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• Dec 17, 2021 · 3 years ago
  When transferring money to India through Remitly using cryptocurrencies, there are fees involved. The fees are based on the amount being transferred and the specific cryptocurrency used. It is important to note that Remitly acts as a third-party service provider for cryptocurrency transactions and may charge additional fees for their services. These fees are separate from any network fees associated with the cryptocurrency transaction. To get a clear understanding of the fees and charges, it is recommended to visit the Remitly website or contact their customer support.
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