What are the best ways to send money from Remitly to India using cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure, there are several options available for sending money from Remitly to India using cryptocurrencies. One popular method is to use a cryptocurrency exchange that supports Indian rupee (INR) trading pairs. You can deposit your funds into the exchange, convert them to INR, and then withdraw the INR to your Indian bank account. Some popular exchanges that support INR trading pairs include Binance, WazirX, and CoinDCX. Make sure to choose a reputable exchange with a good track record of security and customer support.
  522261
• Dec 17, 2021 · 3 years ago
  If you're looking for a more direct method, you can also consider using peer-to-peer (P2P) cryptocurrency trading platforms. These platforms connect buyers and sellers directly, allowing you to find someone in India who is willing to buy your cryptocurrencies and pay you in Indian rupees. LocalBitcoins and Paxful are two popular P2P platforms that support INR transactions. Just be cautious when using P2P platforms and make sure to verify the reputation and trustworthiness of the person you're trading with.
  511171
• Dec 17, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that offers a seamless way to send money from Remitly to India using cryptocurrencies. With BYDFi, you can deposit your funds from Remitly, convert them to INR, and then withdraw the INR to your Indian bank account. BYDFi provides a secure and user-friendly platform for cryptocurrency trading and money transfers. It also offers competitive exchange rates and low transaction fees. Give BYDFi a try for a hassle-free money transfer experience.
  487122