What are the best ways to send money with remitly using cryptocurrencies?

3 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to send money with remitly using cryptocurrencies is by utilizing a stablecoin such as Tether (USDT) or USD Coin (USDC). These stablecoins are pegged to the value of a fiat currency, which means their price remains relatively stable. By converting your cryptocurrencies into stablecoins, you can minimize the volatility risk during the transfer process. Once you have the stablecoins, you can easily send them to your remitly account and convert them back to fiat currency for withdrawal or use. This method provides a convenient and secure way to send money internationally using cryptocurrencies.
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• Dec 18, 2021 · 3 years ago
  Sending money with remitly using cryptocurrencies can also be done through a peer-to-peer (P2P) exchange platform. These platforms connect buyers and sellers directly, allowing you to find the best exchange rate and minimize fees. Simply find a reputable P2P exchange platform that supports the cryptocurrencies you have and offers remitly as a withdrawal option. Follow the platform's instructions to complete the transfer, and you'll be able to send money with remitly using your cryptocurrencies in no time.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we offer a seamless integration with remitly for sending money using cryptocurrencies. Our platform allows you to connect your remitly account and easily transfer your cryptocurrencies to remitly for money transfer purposes. With our secure and user-friendly interface, you can initiate the transfer with just a few clicks. BYDFi also provides competitive exchange rates and low fees, making it a cost-effective option for sending money with remitly using cryptocurrencies.
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