How can I use digital currency to transfer funds from the USA to Chile?
I am in the USA and I want to transfer funds to Chile using digital currency. How can I do that? What are the steps involved in using digital currency for international transfers? Are there any specific platforms or exchanges that I should use?
1 answers
- Choate TangeAug 12, 2021 · 5 years agoTransferring funds from the USA to Chile using digital currency is a straightforward process. Here's what you need to do: 1. Choose a reliable digital currency exchange that supports both the USA and Chile. Coinbase and Binance are popular options. 2. Sign up for an account on the chosen exchange and complete the necessary verification steps. 3. Deposit digital currency into your exchange account by transferring funds from your digital wallet. 4. Convert the deposited digital currency to Chilean Peso using the exchange's trading platform. 5. Withdraw the converted funds to your Chilean bank account by providing the required bank details. Remember to consider the fees and exchange rates offered by different platforms before making your decision.
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