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What are the options for cashing out Western Union transfers using cryptocurrencies in Mexico?

avatarPrince MehtaNov 29, 2021 · 3 years ago3 answers

I am in Mexico and I have received a Western Union transfer. I want to cash it out using cryptocurrencies. What are my options?

What are the options for cashing out Western Union transfers using cryptocurrencies in Mexico?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    One option for cashing out Western Union transfers using cryptocurrencies in Mexico is to use a peer-to-peer trading platform. These platforms connect buyers and sellers of cryptocurrencies, allowing you to exchange your Western Union transfer for the desired cryptocurrency. Some popular peer-to-peer trading platforms in Mexico include LocalBitcoins and Paxful. Simply create an account, find a seller who accepts Western Union transfers, and complete the transaction. Keep in mind that you may need to pay a fee for using these platforms.
  • avatarNov 29, 2021 · 3 years ago
    Another option is to use a cryptocurrency exchange that accepts Western Union transfers. These exchanges allow you to deposit your Western Union transfer and convert it into the cryptocurrency of your choice. One popular exchange that accepts Western Union transfers in Mexico is Bitso. Simply create an account, verify your identity, and follow the instructions to deposit your Western Union transfer. Once the transfer is confirmed, you can trade it for the cryptocurrency of your choice.
  • avatarNov 29, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers a convenient option for cashing out Western Union transfers using cryptocurrencies in Mexico. With BYDFi, you can easily convert your Western Union transfer into various cryptocurrencies. Simply create an account, complete the verification process, and deposit your Western Union transfer. Once the transfer is confirmed, you can trade it for the cryptocurrency of your choice. BYDFi also offers competitive fees and a user-friendly interface, making it a popular choice for cashing out Western Union transfers in Mexico.