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How can I receive money from overseas using cryptocurrency without a bank account?

avatarSafia ashrafNov 27, 2021 · 3 years ago3 answers

I want to receive money from overseas using cryptocurrency, but I don't have a bank account. How can I do that?

How can I receive money from overseas using cryptocurrency without a bank account?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    One option is to use a peer-to-peer cryptocurrency exchange platform. These platforms connect buyers and sellers directly, allowing you to receive cryptocurrency from someone overseas without the need for a bank account. You can then convert the cryptocurrency into your local currency using a local exchange or find a merchant who accepts cryptocurrency as payment.
  • avatarNov 27, 2021 · 3 years ago
    If you don't have a bank account, you can also consider using a cryptocurrency debit card. These cards allow you to load cryptocurrency onto the card and use it for purchases or withdrawals at ATMs. Some cryptocurrency debit card providers offer international money transfer services, allowing you to receive money from overseas directly onto your card.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we offer a solution for receiving money from overseas using cryptocurrency without a bank account. Our platform allows you to create a virtual wallet where you can receive cryptocurrency from anywhere in the world. You can then convert the cryptocurrency into your local currency or use it for online purchases. With BYDFi, you can easily receive money from overseas without the need for a traditional bank account.