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Can I use Remitly to send money for purchasing cryptocurrencies?

avatarNino LambertDec 26, 2021 · 3 years ago3 answers

Is it possible to use Remitly, a digital money transfer service, to send money specifically for the purpose of purchasing cryptocurrencies?

Can I use Remitly to send money for purchasing cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, you can use Remitly to send money for purchasing cryptocurrencies. Remitly allows you to transfer funds internationally, and you can use the money you send to buy cryptocurrencies on various exchanges. Just make sure to follow the necessary steps and comply with any regulations related to cryptocurrency transactions in your country.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Remitly is a convenient option for sending money to purchase cryptocurrencies. Once you've transferred the funds through Remitly, you can use them to buy your desired cryptocurrencies on any compatible exchange. It's important to note that you should always conduct thorough research and choose a reputable exchange to ensure the security of your transactions.
  • avatarDec 26, 2021 · 3 years ago
    Using Remitly to send money for purchasing cryptocurrencies is indeed possible. However, it's important to note that Remitly is primarily a money transfer service and not a cryptocurrency exchange. Therefore, after transferring the funds, you'll need to use a separate cryptocurrency exchange to actually purchase the cryptocurrencies you desire. Make sure to choose a reliable exchange that supports the cryptocurrencies you want to buy.