How can I use cryptocurrencies to transfer money from Mexico to the USA via PayPal?

2 answers

• Baka-TaskeFeb 12, 2021 · 4 years ago
  Sure thing! You can definitely use cryptocurrencies to transfer money from Mexico to the USA via PayPal. Here's how it works: First, you'll need to convert your Mexican pesos into a cryptocurrency of your choice, such as Bitcoin or Litecoin. Once you have the cryptocurrency, you can transfer it to your PayPal account by using a cryptocurrency exchange that supports PayPal integration. After the transfer is complete, you can then withdraw the funds to your bank account in the USA. Just keep in mind that there may be fees involved in the process, so make sure to compare rates and choose the most cost-effective option.
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• domonic McgrathOct 05, 2020 · 5 years ago
  Yes, it is possible to use cryptocurrencies to transfer money from Mexico to the USA via PayPal. However, it's important to note that PayPal itself does not directly support cryptocurrencies. To make this transfer, you would need to use a third-party service like BYDFi. BYDFi allows you to convert your cryptocurrencies into PayPal balance, which can then be used for transfers. Simply sign up for an account on BYDFi, deposit your cryptocurrencies, and convert them into PayPal balance. Once you have the balance, you can easily transfer it to your PayPal account and then send the money to the USA. Keep in mind that there may be fees associated with using BYDFi and PayPal, so be sure to check the rates before proceeding.
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