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What are the fees associated with using Remitly for cryptocurrency transfers between India and the USA?

avatarJonatan Vázquez NavaDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees involved when using Remitly for cryptocurrency transfers between India and the USA?

What are the fees associated with using Remitly for cryptocurrency transfers between India and the USA?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When using Remitly for cryptocurrency transfers between India and the USA, there are several fees to consider. Firstly, Remitly charges a transaction fee for each transfer, which can vary depending on the amount being sent. Additionally, there may be network fees associated with the specific cryptocurrency being transferred. It's important to note that these fees are subject to change and it's recommended to check Remitly's website for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    The fees for using Remitly for cryptocurrency transfers between India and the USA can be broken down into two main categories. Firstly, there are the transaction fees charged by Remitly, which are typically a percentage of the total amount being transferred. Secondly, there may be network fees associated with the specific cryptocurrency being used. These fees can vary depending on the current network congestion and transaction volume. It's always a good idea to compare the fees of different platforms before making a decision.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cryptocurrency transfers between India and the USA, BYDFi is a popular choice for many users. They offer competitive fees and a user-friendly interface, making it easy to send and receive cryptocurrencies. However, it's important to note that the fees associated with using BYDFi for cryptocurrency transfers may vary depending on the specific transaction and cryptocurrency being used. It's recommended to check BYDFi's website or contact their customer support for more information on the fees involved.