How can I send money to India from Remitly using cryptocurrency?
Holman MatthewsAug 30, 2024 · a year ago3 answers
I want to send money to India from Remitly using cryptocurrency. Can you guide me through the process? What are the steps involved in sending money to India using cryptocurrency on Remitly?
3 answers
- tianxsianyejahehJan 16, 2022 · 4 years agoSure! Sending money to India from Remitly using cryptocurrency is a convenient and secure option. Here are the steps involved: 1. Sign up for an account on Remitly and complete the verification process. 2. Deposit cryptocurrency into your Remitly account. Remitly supports various cryptocurrencies such as Bitcoin, Ethereum, and Ripple. 3. Convert your cryptocurrency into Indian Rupees (INR) using Remitly's exchange services. 4. Enter the recipient's bank account details in India. 5. Review the transaction details and confirm the transfer. 6. Remitly will process the transaction and transfer the converted INR to the recipient's bank account in India. Please note that fees and exchange rates may apply during the conversion process. It's always a good idea to check the current rates and fees on Remitly's website before initiating the transfer.
- Kentaeva Aiaylm 7dNov 03, 2023 · 2 years agoSending money to India from Remitly using cryptocurrency is a breeze! Just follow these simple steps: 1. Create an account on Remitly and complete the necessary verification process. 2. Deposit your preferred cryptocurrency into your Remitly wallet. 3. Convert your cryptocurrency to Indian Rupees (INR) using Remitly's exchange services. 4. Enter the recipient's bank account details in India. 5. Review the transaction details and confirm the transfer. 6. Sit back and relax while Remitly processes your transaction and transfers the funds to the recipient's bank account in India. It's important to note that Remitly may charge fees for the conversion and transfer. Make sure to check the current rates and fees on Remitly's platform before initiating the transaction.
- ObsidianpineappleMar 14, 2023 · 2 years agoSending money to India from Remitly using cryptocurrency is a seamless process. Here's how you can do it: 1. Open an account on Remitly and complete the necessary verification steps. 2. Deposit your cryptocurrency into your Remitly wallet. 3. Convert your cryptocurrency to Indian Rupees (INR) using Remitly's exchange services. 4. Provide the recipient's bank account details in India. 5. Double-check the transaction details and confirm the transfer. 6. Remitly will handle the rest and transfer the funds to the recipient's bank account in India. Keep in mind that Remitly may charge fees for the conversion and transfer. Make sure to review the current rates and fees on Remitly's website before proceeding with the transaction.
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