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How can I buy digital currencies in Sri Lanka without using PayPal?

avatarUmbayinah InahNov 26, 2021 · 3 years ago3 answers

I am in Sri Lanka and I want to buy digital currencies, but I don't want to use PayPal. What are some alternative methods to buy digital currencies in Sri Lanka?

How can I buy digital currencies in Sri Lanka without using PayPal?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure, there are several alternative methods to buy digital currencies in Sri Lanka without using PayPal. One option is to use a local cryptocurrency exchange that accepts Sri Lankan Rupees. You can search for such exchanges online and compare their fees and security measures. Another option is to use peer-to-peer trading platforms where you can directly buy digital currencies from other individuals. Make sure to research and choose a reputable platform with good user reviews. Additionally, you can consider using international exchanges that accept bank transfers or credit/debit card payments. Just keep in mind that you may need to go through a verification process and comply with the exchange's regulations.
  • avatarNov 26, 2021 · 3 years ago
    Buying digital currencies in Sri Lanka without PayPal is totally possible! You can explore local cryptocurrency exchanges that support Sri Lankan Rupees. These exchanges allow you to deposit money from your local bank account and buy digital currencies directly. Another option is to use peer-to-peer trading platforms where you can find sellers who accept local payment methods like bank transfers or cash deposits. Remember to do your due diligence and choose a platform with a good reputation and strong security measures. Lastly, you can also consider using international exchanges that accept alternative payment methods like credit/debit cards or bank transfers. Just make sure to check their supported countries and currencies before signing up.
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we understand that not everyone wants to use PayPal to buy digital currencies in Sri Lanka. That's why we recommend exploring local cryptocurrency exchanges that cater to Sri Lankan users. These exchanges usually offer various payment methods, including bank transfers and local payment gateways. You can easily find a list of such exchanges by searching online or asking for recommendations in local cryptocurrency communities. Remember to compare fees, security measures, and available cryptocurrencies before making a decision. Happy trading!