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What is the cheapest way to send money to China using cryptocurrency from the USA?

avatarstevexDec 17, 2021 · 3 years ago3 answers

I am in the USA and want to send money to China using cryptocurrency. What is the most cost-effective method to do so?

What is the cheapest way to send money to China using cryptocurrency from the USA?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Well, if you're looking for the cheapest way to send money to China using cryptocurrency from the USA, you might want to consider using a peer-to-peer (P2P) platform. P2P platforms connect buyers and sellers directly, cutting out the middleman and reducing fees. You can find P2P platforms that support cryptocurrency transfers to China, such as LocalBitcoins or Paxful. Just make sure to do your due diligence and choose a reputable platform with good user reviews.
  • avatarDec 17, 2021 · 3 years ago
    Sending money to China using cryptocurrency from the USA? No problem! One option you can explore is using a cryptocurrency exchange that supports international transfers. Some popular exchanges like Binance and Coinbase allow you to send cryptocurrency to recipients in China. However, keep in mind that these exchanges may charge fees for international transfers, so it's important to compare the rates and fees before making a decision.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for a cost-effective way to send money to China using cryptocurrency from the USA, you might want to check out BYDFi. BYDFi is a decentralized finance (DeFi) platform that offers low-cost and fast cryptocurrency transfers. With BYDFi, you can send cryptocurrency directly to recipients in China without the need for intermediaries. Plus, BYDFi leverages the power of blockchain technology to ensure secure and transparent transactions. Give it a try and see if it suits your needs!