How can I avoid paying high fees when sending money internationally using cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  One way to avoid paying high fees when sending money internationally using cryptocurrencies is to use a peer-to-peer (P2P) exchange. P2P exchanges allow you to directly trade with other individuals, cutting out the middleman and reducing fees. Additionally, you can look for exchanges that offer low or no fees for international transfers. It's also important to consider the transaction speed and security of the exchange before making a decision.
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• Dec 16, 2021 · 3 years ago
  To avoid high fees when sending money internationally using cryptocurrencies, you can also consider using stablecoins. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as a fiat currency. By using stablecoins, you can minimize the volatility of the cryptocurrency market and reduce the risk of high fees. However, it's important to research and choose a reputable stablecoin with low transaction fees.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of avoiding high fees when sending money internationally using cryptocurrencies. That's why we offer a low-fee international money transfer service. With BYDFi, you can send money internationally using cryptocurrencies with competitive fees and fast transaction speeds. Our platform is secure and user-friendly, making it easy for you to avoid paying high fees while enjoying the benefits of using cryptocurrencies for international money transfers.
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