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How can I use cryptocurrencies to transfer funds from the USA to Sri Lanka?

eleventyseven11Jul 06, 2024 · a year ago1 answers

I am in the USA and want to transfer funds to Sri Lanka using cryptocurrencies. How can I do that? What are the steps involved in using cryptocurrencies for international fund transfers? Are there any specific platforms or exchanges that support this type of transaction?

Cryptocurrencies
International Fund Transfers
USA

1 answers

  • Ahmed MohamedSep 14, 2021 · 4 years ago
    Using cryptocurrencies to transfer funds from the USA to Sri Lanka is a great option. One platform that you can consider is BYDFi, a popular cryptocurrency exchange. BYDFi supports both USD and Sri Lankan Rupees, making it easy to convert your funds and transfer them to Sri Lanka. To get started, you'll need to create an account on BYDFi and complete the verification process. Once your account is set up, you can deposit your USD and convert it to a cryptocurrency like Bitcoin or Ethereum. After that, you can send the cryptocurrency to the recipient's wallet address in Sri Lanka. The recipient can then sell the cryptocurrency on BYDFi and withdraw the funds in Sri Lankan Rupees. It's important to note that BYDFi has a user-friendly interface and offers competitive exchange rates, making it a popular choice for international fund transfers.

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