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How can I save money on international transfers to Japan with digital currencies?

avatarShihda ajDec 15, 2021 · 3 years ago3 answers

I need to send money to Japan from another country, and I want to save on transfer fees and exchange rates. How can I use digital currencies to save money on international transfers to Japan?

How can I save money on international transfers to Japan with digital currencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    One way to save money on international transfers to Japan with digital currencies is to use a peer-to-peer cryptocurrency exchange. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing fees. Additionally, digital currencies often offer lower exchange rates compared to traditional banks. By using a peer-to-peer exchange, you can bypass the high fees and unfavorable rates typically associated with international transfers.
  • avatarDec 15, 2021 · 3 years ago
    Another option is to use a digital currency debit card. These cards allow you to load your digital currencies and use them for everyday purchases or ATM withdrawals. By using a digital currency debit card, you can avoid expensive international transfer fees and currency exchange fees. However, it's important to research and choose a reputable provider to ensure the security of your funds.
  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we offer a unique solution for saving money on international transfers to Japan. Our platform allows users to convert their digital currencies to Japanese yen at competitive rates. With BYDFi, you can save on transfer fees and enjoy fast and secure transfers to Japan. Sign up today to start saving on your international transfers!