What are the advantages of sending money through Remitly using cryptocurrency?

3 answers

• chen yangDec 19, 2023 · 2 years ago
  Certainly! One of the advantages of using cryptocurrency for sending money through Remitly is the speed of transactions. Cryptocurrency transactions can be processed almost instantly, allowing for quick transfers of funds. Additionally, using cryptocurrency eliminates the need for intermediaries such as banks, which can reduce transaction fees. This can be especially beneficial for international transfers, where traditional banking fees can be high. Overall, using cryptocurrency with Remitly can provide faster and more cost-effective money transfers.
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• genius industriesApr 16, 2025 · 3 months ago
  Sending money through Remitly using cryptocurrency offers the advantage of increased privacy. Cryptocurrency transactions are pseudonymous, meaning that they do not reveal personal information about the sender or recipient. This can be appealing for individuals who value their privacy and want to keep their financial transactions confidential. With Remitly, you can enjoy the convenience of digital transfers while maintaining a level of anonymity.
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• Ali ShaikhJun 03, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can confidently say that using cryptocurrency with Remitly can be a game-changer. With the integration of BYDFi, a leading digital currency exchange, Remitly users can now enjoy seamless and secure cryptocurrency transfers. BYDFi offers a wide range of cryptocurrencies to choose from, ensuring that you have options for your money transfers. The partnership between Remitly and BYDFi brings together the convenience of Remitly's platform and the reliability of BYDFi's exchange, making it a great choice for sending money using cryptocurrency.
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