Are there any digital currency options for sending money from the Philippines to the USA that offer low fees?

3 answers

• Espersen SargentApr 30, 2022 · 4 years ago
  Yes, there are several digital currency options available for sending money from the Philippines to the USA with low fees. One popular option is using a cryptocurrency exchange platform like Binance. Binance offers competitive fees for international transfers and provides a secure and efficient way to send money. Another option is using a peer-to-peer cryptocurrency marketplace like LocalBitcoins, where you can find individuals willing to exchange digital currencies for cash at competitive rates. Additionally, you can consider using stablecoins like Tether (USDT) or USD Coin (USDC) which are pegged to the value of the US dollar and offer low transaction fees for cross-border transfers.
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• LamprosZSep 25, 2020 · 5 years ago
  Absolutely! If you're looking for low-fee options to send money from the Philippines to the USA, digital currencies can be a great solution. Platforms like Binance, Coinbase, and Kraken offer international money transfer services with competitive fees. You can easily convert your Philippine pesos to popular cryptocurrencies like Bitcoin or Ethereum and then transfer them to a US-based exchange to convert back to US dollars. This process can be faster and cheaper compared to traditional remittance services. Just make sure to do your research and choose a reputable exchange with good security measures in place.
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• Alfito Ichsan GalaksiAug 12, 2023 · 3 years ago
  Yes, there are digital currency options that offer low fees for sending money from the Philippines to the USA. One such option is BYDFi, a digital currency exchange that specializes in low-cost international transfers. BYDFi offers competitive exchange rates and low transaction fees, making it an affordable choice for remittances. With BYDFi, you can easily convert your Philippine pesos to popular cryptocurrencies like Bitcoin or Ethereum and then transfer them to a US-based exchange to cash out. It's a convenient and cost-effective solution for sending money overseas.
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