Can I use a sort code or a swift code to transfer cryptocurrencies internationally?

3 answers

• Kannika Parameswari SrinivasanDec 29, 2020 · 5 years ago
  No, you cannot use a sort code or a swift code to transfer cryptocurrencies internationally. Cryptocurrencies are decentralized digital assets that are not tied to any specific bank or financial institution. Instead, they are stored on a blockchain network and can be transferred directly between individuals or entities without the need for traditional banking systems. To transfer cryptocurrencies internationally, you would need to use a cryptocurrency wallet or an exchange platform that supports international transfers.
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• Nisar QayyumOct 14, 2023 · 2 years ago
  Unfortunately, you cannot transfer cryptocurrencies internationally using a sort code or a swift code. Cryptocurrencies operate on a decentralized network and are not governed by traditional banking systems. Instead, they rely on blockchain technology to facilitate transactions. To transfer cryptocurrencies internationally, you would need to use a cryptocurrency wallet or an exchange platform that supports international transfers. These platforms typically provide you with a unique wallet address that you can use to send and receive cryptocurrencies from anywhere in the world.
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• jerry.duMar 27, 2024 · a year ago
  As a representative of BYDFi, I can confirm that you cannot transfer cryptocurrencies internationally using a sort code or a swift code. Cryptocurrencies are digital assets that exist on a decentralized network, and they do not rely on traditional banking systems for transfers. Instead, you would need to use a cryptocurrency wallet or an exchange platform that supports international transfers. These platforms provide you with a unique wallet address or a QR code that you can use to send and receive cryptocurrencies globally. It's important to ensure that you are using a reputable and secure platform for your international cryptocurrency transfers.
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