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How can I convert AED to LKR using digital currencies?

avatarGoo Zhen JieDec 16, 2021 · 3 years ago3 answers

I want to convert AED (United Arab Emirates Dirham) to LKR (Sri Lankan Rupee) using digital currencies. How can I do that? Are there any specific platforms or exchanges that support this conversion? What are the steps involved in the process?

How can I convert AED to LKR using digital currencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, converting AED to LKR using digital currencies is possible. One of the popular platforms that support this conversion is Binance. You can create an account on Binance, deposit your AED, and then trade it for a digital currency that has a trading pair with LKR, such as Bitcoin or Ethereum. Once you have the digital currency, you can transfer it to another exchange that supports LKR and sell it for LKR. Finally, you can withdraw the LKR to your bank account. Keep in mind that you may need to go through a KYC (Know Your Customer) process on these platforms.
  • avatarDec 16, 2021 · 3 years ago
    Converting AED to LKR using digital currencies can be done through various exchanges. One option is to use a peer-to-peer exchange like LocalBitcoins or Paxful. These platforms allow you to find individuals who are willing to trade their digital currencies for AED or LKR. You can negotiate the exchange rate and complete the transaction directly with the other party. Another option is to use a centralized exchange like Coinbase or Kraken. These exchanges offer trading pairs for AED and LKR, allowing you to convert your AED to a digital currency and then sell it for LKR.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a popular digital currency exchange that supports the conversion of AED to LKR. With BYDFi, you can easily deposit your AED and trade it for LKR. The platform offers competitive exchange rates and a user-friendly interface. Simply create an account on BYDFi, complete the KYC process, deposit your AED, and select the trading pair for AED/LKR. You can then place a buy order for LKR and complete the transaction. BYDFi also provides secure storage for your digital currencies, ensuring the safety of your funds.