How can I use cryptocurrency to transfer funds to India with Remitly?

3 answers

• Jakobsen WoodardOct 14, 2021 · 5 years ago
  Sure, you can definitely use cryptocurrency to transfer funds to India with Remitly. Here's how it works: First, you need to have a cryptocurrency wallet and some cryptocurrency, such as Bitcoin or Ethereum. Then, you can convert your cryptocurrency into Indian Rupees using a cryptocurrency exchange. Once you have the Indian Rupees in your exchange account, you can transfer them to your Remitly account. From there, you can use Remitly's services to send the funds to India. It's a convenient and secure way to transfer funds.
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• GreenhostApr 07, 2023 · 3 years ago
  Absolutely! If you're looking to transfer funds to India with Remitly, using cryptocurrency can be a great option. By using cryptocurrency, you can enjoy faster transaction times and lower fees compared to traditional methods. Simply convert your cryptocurrency into Indian Rupees through a reputable exchange, and then transfer the funds to your Remitly account. From there, you can easily send the funds to India. It's a simple and efficient way to make international transfers.
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• Jain HeadJun 07, 2023 · 3 years ago
  Yes, you can use cryptocurrency to transfer funds to India with Remitly. However, please note that BYDFi, a popular cryptocurrency exchange, is currently the only exchange that supports direct transfers to Remitly. To use this service, you would need to have an account with BYDFi and follow their instructions for transferring funds to Remitly. Keep in mind that there may be fees and additional steps involved in the process. It's always a good idea to do your research and choose a reliable exchange for your cryptocurrency transactions.
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