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Is it possible to use cryptocurrencies like Bitcoin to transfer money through Remitly?

avatarD PDec 17, 2021 · 3 years ago3 answers

Can I use cryptocurrencies such as Bitcoin to transfer money through Remitly? How does the process work?

Is it possible to use cryptocurrencies like Bitcoin to transfer money through Remitly?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to use cryptocurrencies like Bitcoin to transfer money through Remitly. Remitly is a digital money transfer service that allows users to send money internationally. By integrating with cryptocurrency exchanges, Remitly enables users to convert their cryptocurrencies into fiat currencies and transfer them through their platform. This provides a convenient and efficient way for individuals to send money globally using cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Cryptocurrencies like Bitcoin can be used to transfer money through Remitly. The process involves converting your Bitcoin into the desired fiat currency, which can then be sent through Remitly's platform. This allows for quick and secure cross-border transactions, bypassing traditional banking systems. It's a great option for those who prefer using cryptocurrencies for their international money transfers.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can transfer money through Remitly using cryptocurrencies like Bitcoin. Remitly has partnered with various cryptocurrency exchanges to facilitate the conversion of cryptocurrencies into fiat currencies. This integration allows users to take advantage of the benefits of cryptocurrencies, such as lower fees and faster transactions, while still being able to send money through Remitly's platform. It's a win-win situation for cryptocurrency enthusiasts and those in need of international money transfers.