How can I convert AUD to PHP with worldremit and avoid high fees?

3 answers

• May 19, 2022 · 3 years ago
  One way to convert AUD to PHP with worldremit and avoid high fees is to use a cryptocurrency exchange. By using a cryptocurrency exchange, you can convert your AUD to a stablecoin like USDT or USDC, and then transfer it to a PHP wallet. This method usually has lower fees compared to traditional remittance services. However, keep in mind that you may need to go through the KYC process and there might be some withdrawal fees involved. Make sure to compare the fees and rates of different exchanges before making a decision.
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• May 19, 2022 · 3 years ago
  If you want to avoid high fees when converting AUD to PHP with worldremit, you can consider using peer-to-peer (P2P) platforms. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing fees. Look for P2P platforms that support AUD and PHP trading pairs, and compare the fees and rates offered by different sellers. Keep in mind that P2P trading carries some risks, so make sure to choose reputable sellers with good ratings and reviews.
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• May 19, 2022 · 3 years ago
  Another option to convert AUD to PHP with worldremit and avoid high fees is to use a decentralized exchange (DEX). DEXs allow you to trade cryptocurrencies directly from your wallet, without the need for a centralized intermediary. Look for DEXs that support AUD and PHP trading pairs, and compare the fees and liquidity offered. Keep in mind that DEXs may have a steeper learning curve compared to traditional exchanges, so make sure to familiarize yourself with the platform and take necessary security precautions.
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