Is it possible to transfer money with Wise using Bitcoin or other digital currencies?
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Can I use Wise to transfer money using Bitcoin or other digital currencies? How does Wise handle digital currency transfers?
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3 answers
- Yes, Wise allows you to transfer money using Bitcoin and other digital currencies. Wise has integrated with various digital currency platforms, making it convenient for users to send and receive funds in digital currencies. When you initiate a transfer with Wise using Bitcoin or other digital currencies, Wise converts the digital currency into the recipient's local currency at the current exchange rate. This allows the recipient to receive the funds in their local currency, even if they don't have a digital currency wallet.
Feb 18, 2022 · 3 years ago
- Absolutely! Wise supports transfers with Bitcoin and other digital currencies. By leveraging the power of blockchain technology, Wise enables fast and secure transfers across borders. When you use Wise to transfer money with Bitcoin or other digital currencies, the funds are converted into the recipient's local currency automatically. This ensures that the recipient can easily access and use the funds without the need for a digital currency wallet.
Feb 18, 2022 · 3 years ago
- Yes, Wise does offer the option to transfer money using Bitcoin and other digital currencies. However, it's important to note that Wise is not a digital currency exchange or wallet. Wise partners with trusted digital currency platforms to facilitate these transfers. So, while you can send money with Wise using Bitcoin or other digital currencies, Wise itself does not hold or manage the digital currencies. It simply acts as a bridge between traditional banking systems and the digital currency ecosystem, providing a seamless transfer experience for users.
Feb 18, 2022 · 3 years ago
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