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Can transferwise.com be used to transfer cryptocurrency internationally?

avatarAkshdeep SinghDec 18, 2021 · 3 years ago5 answers

Is it possible to use transferwise.com to transfer cryptocurrency internationally? I'm wondering if transferwise.com supports cryptocurrency transfers and if it's a reliable option for sending digital currencies across borders.

Can transferwise.com be used to transfer cryptocurrency internationally?

5 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, transferwise.com can be used to transfer cryptocurrency internationally. TransferWise has recently partnered with various cryptocurrency exchanges to allow users to send and receive digital currencies across borders. This partnership enables seamless integration between TransferWise and cryptocurrency platforms, making it convenient for users to transfer their digital assets internationally. However, it's important to note that transferwise.com does not directly support cryptocurrency transactions. Instead, it acts as a bridge between traditional fiat currencies and cryptocurrencies, allowing users to convert their digital assets into fiat currencies and transfer them internationally.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! TransferWise is a great option for transferring cryptocurrency internationally. With its user-friendly interface and competitive exchange rates, transferwise.com makes it easy and cost-effective to send digital currencies across borders. The platform offers a seamless experience, allowing users to convert their cryptocurrency into traditional fiat currencies and transfer the funds to their desired destination. Whether you're sending Bitcoin, Ethereum, or any other popular cryptocurrency, transferwise.com has got you covered.
  • avatarDec 18, 2021 · 3 years ago
    While transferwise.com is a reliable platform for international money transfers, it currently does not support direct cryptocurrency transfers. However, there are other platforms, such as BYDFi, that specialize in cryptocurrency transfers and offer a wider range of options for sending digital currencies internationally. If you're specifically looking for a platform that focuses on cryptocurrency transfers, it may be worth considering BYDFi or other similar exchanges. They provide a more comprehensive solution for sending and receiving digital assets across borders.
  • avatarDec 18, 2021 · 3 years ago
    TransferWise is primarily designed for transferring traditional fiat currencies, and it does not directly support cryptocurrency transfers. However, you can still use transferwise.com to transfer cryptocurrency internationally by converting your digital assets into fiat currencies first. Once you've converted your cryptocurrency into a supported fiat currency, you can transfer the funds using TransferWise's platform. This process allows you to take advantage of TransferWise's competitive exchange rates and reliable international transfer services while indirectly transferring your cryptocurrency.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, transferwise.com does not currently support direct transfers of cryptocurrencies. TransferWise specializes in traditional fiat currency transfers and does not have built-in functionality for handling digital assets. However, there are other platforms and exchanges that cater specifically to cryptocurrency transfers. These platforms offer a wider range of options and services tailored to the needs of cryptocurrency users. It's recommended to explore these specialized platforms if you're looking for a seamless and efficient way to transfer your digital currencies internationally.