What is the process for converting cryptocurrency to local currency using Remitly Global?

3 answers

• Hossameldin MegahedNov 15, 2021 · 4 years ago
  Sure! Converting cryptocurrency to local currency using Remitly Global is a straightforward process. First, you need to create an account on Remitly Global and complete the necessary verification process. Once your account is set up, you can link your cryptocurrency wallet to your Remitly Global account. Next, you'll need to select the cryptocurrency you want to convert and the local currency you want to receive. Remitly Global will provide you with the current exchange rate and the fees involved. After confirming the transaction details, you can initiate the conversion. The cryptocurrency will be sold at the current market rate and the equivalent amount in local currency will be deposited into your Remitly Global account. From there, you can choose to withdraw the funds to your bank account or use them for other purposes. Keep in mind that fees may vary depending on the cryptocurrency and the amount you're converting. It's always a good idea to check the fees and exchange rates before making a conversion.
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• KAVERI cuJan 19, 2022 · 4 years ago
  Converting cryptocurrency to local currency using Remitly Global is a breeze! All you need to do is sign up for an account, complete the verification process, and link your cryptocurrency wallet. Once that's done, you can choose the cryptocurrency you want to convert and the local currency you want to receive. Remitly Global will show you the current exchange rate and any applicable fees. If you're happy with the rates and fees, you can proceed with the conversion. Your cryptocurrency will be sold at the market rate and the equivalent amount in local currency will be credited to your Remitly Global account. You can then withdraw the funds to your bank account or use them for other purposes. Just make sure to double-check the fees and exchange rates before making a conversion.
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• TJSApr 04, 2024 · a year ago
  Converting cryptocurrency to local currency using Remitly Global is a seamless process. First, you'll need to create an account on Remitly Global and complete the verification process. Once your account is set up, you can link your cryptocurrency wallet to your Remitly Global account. From there, you can select the cryptocurrency you want to convert and the local currency you want to receive. Remitly Global will provide you with the current exchange rate and any applicable fees. If you're satisfied with the rates and fees, you can proceed with the conversion. Your cryptocurrency will be sold at the prevailing market rate and the equivalent amount in local currency will be deposited into your Remitly Global account. You can then choose to withdraw the funds to your bank account or use them for other purposes. It's important to note that fees may vary depending on the cryptocurrency and the amount you're converting, so it's always a good idea to review the fees and exchange rates before initiating a conversion.
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