What are the cheapest ways to send money to the Philippines using digital currencies?

3 answers

• Dec 18, 2021 · 3 years ago
  One of the cheapest ways to send money to the Philippines using digital currencies is through peer-to-peer (P2P) platforms. These platforms connect individuals who want to exchange currencies directly, eliminating the need for intermediaries and reducing fees. Some popular P2P platforms for digital currency transfers include LocalBitcoins and Paxful. They provide a secure and efficient way to send money at a lower cost compared to traditional remittance services.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more convenient option, you can consider using digital currency wallets that support international transfers. These wallets allow you to store and send digital currencies, and some even offer built-in exchange services. Examples of such wallets include Coinbase and Binance. By using these wallets, you can convert your digital currencies to Philippine pesos and send them directly to a recipient's wallet in the Philippines. It's a quick and cost-effective way to transfer money without the need for banks or remittance services.
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• Dec 18, 2021 · 3 years ago
  BYDFi is a digital currency exchange that offers competitive rates for sending money to the Philippines. With BYDFi, you can easily convert your digital currencies to Philippine pesos and send them to a recipient's bank account in the Philippines. The platform provides a user-friendly interface and ensures secure transactions. BYDFi also offers low fees and fast processing times, making it an excellent option for sending money to the Philippines using digital currencies.
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