How can I send money to the Philippines from Australia using cryptocurrency?

3 answers

• Aifei LuNov 28, 2021 · 4 years ago
  Sure! Sending money to the Philippines from Australia using cryptocurrency is a convenient and fast way to transfer funds. Here's how you can do it: 1. Choose a cryptocurrency exchange: Select a reputable cryptocurrency exchange that supports both Australian dollars (AUD) and Philippine pesos (PHP). 2. Create an account: Sign up for an account on the chosen exchange and complete the verification process. 3. Deposit funds: Deposit the desired amount of Australian dollars into your exchange account. 4. Convert to cryptocurrency: Use the exchange platform to convert your Australian dollars into the desired cryptocurrency, such as Bitcoin or Ethereum. 5. Transfer to a Philippine exchange: Find a Philippine cryptocurrency exchange that supports the cryptocurrency you converted to. Create an account and obtain your wallet address. 6. Send the cryptocurrency: Withdraw the converted cryptocurrency from your Australian exchange and send it to your wallet address on the Philippine exchange. 7. Sell cryptocurrency for Philippine pesos: Once the cryptocurrency arrives in your Philippine exchange account, you can sell it for Philippine pesos. 8. Withdraw funds: Finally, withdraw the Philippine pesos to your local bank account in the Philippines. Remember to consider the fees and exchange rates involved in each step to ensure you get the best value for your money.
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• Nkit Mbock MbockDec 14, 2023 · 2 years ago
  Hey there! If you're looking to send money to the Philippines from Australia using cryptocurrency, you're in luck! It's a pretty straightforward process. Just follow these steps: 1. Find a cryptocurrency exchange that supports both Australian dollars and Philippine pesos. 2. Sign up for an account and complete the necessary verification. 3. Deposit your Australian dollars into the exchange. 4. Convert your Australian dollars into the cryptocurrency of your choice. 5. Transfer the cryptocurrency to a Philippine exchange that supports the same cryptocurrency. 6. Sell the cryptocurrency for Philippine pesos. 7. Withdraw the Philippine pesos to your local bank account in the Philippines. That's it! You've successfully sent money to the Philippines using cryptocurrency. Enjoy the convenience and speed of this digital payment method!
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• Niyati PatelJun 06, 2021 · 5 years ago
  As an expert in the cryptocurrency industry, I can tell you that sending money to the Philippines from Australia using cryptocurrency is becoming increasingly popular. Many cryptocurrency exchanges offer this service, allowing you to transfer funds quickly and securely. One such exchange is BYDFi, which provides a user-friendly platform for buying, selling, and transferring cryptocurrencies. To send money to the Philippines, you can follow the steps mentioned in the previous answers. Remember to compare exchange rates and fees before making any transactions. Happy money transferring!
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