What are the best ways to send money to Turkey using cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the best ways to send money to Turkey using cryptocurrencies is through peer-to-peer exchanges. These platforms connect buyers and sellers directly, allowing you to find competitive rates and avoid high fees. Some popular peer-to-peer exchanges include LocalBitcoins and Paxful. Simply create an account, find a seller in Turkey, and initiate the transaction. Make sure to verify the seller's reputation and use escrow services for added security.
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• Dec 17, 2021 · 3 years ago
  If you prefer a more traditional approach, you can use a cryptocurrency exchange that supports Turkish Lira (TRY) deposits and withdrawals. Binance, for example, allows you to deposit TRY and trade it for popular cryptocurrencies like Bitcoin or Ethereum. Once you have the desired cryptocurrency, you can send it to a recipient in Turkey who can then convert it back to TRY if needed. Keep in mind that exchange fees and withdrawal limits may apply.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, also offers a convenient way to send money to Turkey using cryptocurrencies. With BYDFi, you can deposit your preferred cryptocurrency, such as Bitcoin or Ethereum, and convert it to Turkish Lira. The funds can then be withdrawn to a Turkish bank account or used for online purchases. BYDFi provides a user-friendly interface and competitive exchange rates, making it a reliable option for sending money to Turkey.
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