What is the cheapest way to send money from Mexico to the USA using cryptocurrencies?

3 answers

• Lu McKayOct 28, 2022 · 3 years ago
  One of the cheapest ways to send money from Mexico to the USA using cryptocurrencies is through peer-to-peer (P2P) platforms. These platforms connect individuals who want to buy or sell cryptocurrencies directly, eliminating the need for intermediaries and reducing fees. Some popular P2P platforms include LocalBitcoins and Paxful. By using these platforms, you can find sellers in the USA who are willing to accept Mexican pesos in exchange for cryptocurrencies at competitive rates. Just make sure to choose a reputable seller with good feedback to ensure a smooth transaction.
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• Ploug KjellerupOct 08, 2024 · 10 months ago
  If you're looking for a low-cost option to send money from Mexico to the USA using cryptocurrencies, you might consider using a cryptocurrency debit card. These cards allow you to load your cryptocurrencies and then use them for purchases or withdrawals at any merchant or ATM that accepts traditional debit cards. By converting your cryptocurrencies to fiat currency at the time of the transaction, you can avoid high exchange fees. Some popular cryptocurrency debit card providers include Wirex and BitPay.
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• Nagesh ManeOct 22, 2023 · 2 years ago
  Another option to consider is using a cryptocurrency exchange that offers competitive rates and low fees for international transfers. BYDFi, for example, is a popular exchange that allows users to send money from Mexico to the USA using cryptocurrencies at affordable rates. With BYDFi, you can convert your Mexican pesos to cryptocurrencies and then transfer them to a US-based exchange or wallet. Keep in mind that exchange rates and fees may vary, so it's always a good idea to compare different exchanges to find the best deal.
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