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Is it possible to send AUD to India using cryptocurrencies?

avatarPranali ShindeDec 15, 2021 · 3 years ago3 answers

I am wondering if it is feasible to transfer Australian Dollars (AUD) to India using cryptocurrencies. Can cryptocurrencies be used as a means of remittance between these two countries? What are the options available for sending AUD to India through cryptocurrencies?

Is it possible to send AUD to India using cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to send AUD to India using cryptocurrencies. Cryptocurrencies provide a decentralized and efficient way to transfer funds internationally. There are several platforms and exchanges that support the conversion of AUD to cryptocurrencies, which can then be sent to an Indian cryptocurrency exchange. Once the cryptocurrencies are received in India, they can be converted back to Indian Rupees (INR) and withdrawn to a local bank account.
  • avatarDec 15, 2021 · 3 years ago
    Definitely! Cryptocurrencies offer a borderless solution for transferring funds, making it possible to send AUD to India without the need for traditional banking systems. By using a cryptocurrency exchange that supports AUD and INR trading pairs, you can convert your AUD to a suitable cryptocurrency, transfer it to an Indian exchange, and then convert it back to INR. It's a convenient and cost-effective way to send money internationally.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! At BYDFi, we provide a seamless platform for sending AUD to India using cryptocurrencies. Our exchange supports AUD and INR trading pairs, allowing you to convert your AUD to a cryptocurrency of your choice and transfer it to an Indian exchange. Once the transfer is complete, you can easily convert the cryptocurrency back to INR and withdraw it to your Indian bank account. Give it a try and experience the benefits of using cryptocurrencies for cross-border remittance!