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What is the best way to receive money internationally using cryptocurrency?

avatarElizabeth CopperDec 15, 2021 · 3 years ago3 answers

I am looking for the most efficient and secure method to receive money internationally using cryptocurrency. What are the best options available?

What is the best way to receive money internationally using cryptocurrency?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    One of the best ways to receive money internationally using cryptocurrency is through peer-to-peer (P2P) exchanges. These platforms allow you to directly connect with individuals who are willing to buy or sell cryptocurrency using different payment methods. By using a P2P exchange, you can find buyers who are interested in your cryptocurrency and receive payment directly into your digital wallet. Some popular P2P exchanges include LocalBitcoins and Paxful. Make sure to choose a reputable platform and follow their recommended security measures to protect your funds.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking for a more traditional approach, you can use a cryptocurrency payment processor. These processors act as intermediaries between your customers and your digital wallet. They provide a secure payment gateway that allows customers to pay with cryptocurrency, which is then converted into your preferred fiat currency and deposited into your bank account. Some popular cryptocurrency payment processors include BitPay and CoinGate. This method is especially useful for businesses that want to accept cryptocurrency payments from customers around the world.
  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we offer a unique solution for receiving money internationally using cryptocurrency. Our platform allows you to create and manage your own decentralized finance (DeFi) pool, where users can deposit funds and earn interest. By participating in our DeFi pool, you can receive interest payments in cryptocurrency from users all over the world. This is a secure and profitable way to receive money internationally using cryptocurrency. Join BYDFi today and start earning passive income!