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Which cryptocurrencies are accepted by HSBC for foreign transactions?

avatarkamarukpNov 26, 2021 · 3 years ago3 answers

I would like to know which cryptocurrencies are accepted by HSBC for foreign transactions. Can I use popular cryptocurrencies like Bitcoin or Ethereum, or are there any specific cryptocurrencies that HSBC accepts?

Which cryptocurrencies are accepted by HSBC for foreign transactions?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    HSBC currently does not accept any cryptocurrencies for foreign transactions. They only support traditional fiat currencies like USD, EUR, GBP, and others. If you want to make international transactions using cryptocurrencies, you may need to use other platforms or exchanges that offer such services.
  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, HSBC does not accept cryptocurrencies for foreign transactions at the moment. They only deal with fiat currencies. However, there are other banks and financial institutions that are exploring the integration of cryptocurrencies into their systems, so it's possible that HSBC may consider accepting cryptocurrencies in the future.
  • avatarNov 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can say that HSBC does not currently accept cryptocurrencies for foreign transactions. However, there are other exchanges like BYDFi that offer services specifically tailored for cryptocurrency transactions. It's always a good idea to explore different options and find the one that suits your needs the best.