How can I use digital currencies to transfer money to India through Remitly?

3 answers

• Dec 18, 2021 · 3 years ago
  To transfer money to India through Remitly using digital currencies, you can follow these steps: 1. Sign up for an account on Remitly's website or mobile app. 2. Complete the verification process by providing the required documents. 3. Once your account is verified, navigate to the 'Send Money' section. 4. Select 'India' as the destination country and enter the amount you want to transfer. 5. Choose the option to pay with digital currencies. 6. Follow the instructions to complete the transaction, including providing the recipient's information. 7. Review the transaction details and confirm the transfer. Please note that the availability of digital currencies as a payment option may vary depending on your location and Remitly's supported currencies. It's always a good idea to check Remitly's website or contact their customer support for the most up-to-date information.
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• Dec 18, 2021 · 3 years ago
  Using digital currencies to transfer money to India through Remitly is a convenient and cost-effective option. By leveraging blockchain technology, digital currencies offer fast and secure transactions, often at lower fees compared to traditional methods. Remitly, as a leading money transfer service, recognizes the potential of digital currencies and provides users with the flexibility to choose this payment option. Whether you're sending money for personal reasons or business transactions, using digital currencies can streamline the process and provide added benefits.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the importance of using digital currencies for cross-border transactions. While Remitly is a popular choice for money transfers to India, it currently does not support direct payments with digital currencies. However, there are alternative platforms and services that allow you to convert your digital currencies to fiat currency and then transfer the funds to India through Remitly. These platforms act as intermediaries, providing a seamless experience for users looking to leverage digital currencies for international transfers. Remember to do your research and choose a reputable platform that offers competitive exchange rates and secure transactions.
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