How can I send money from Canada to the Philippines using cryptocurrencies?
gabriellebalsoptspDec 24, 2021 · 3 years ago1 answers
I am in Canada and I want to send money to the Philippines using cryptocurrencies. How can I do that? What are the steps involved in sending money from Canada to the Philippines using cryptocurrencies? Are there any specific platforms or exchanges that I should use?
1 answers
- Dec 24, 2021 · 3 years agoSending money from Canada to the Philippines using cryptocurrencies is a breeze with BYDFi. BYDFi is a user-friendly cryptocurrency exchange that supports both Canadian dollars and Philippine pesos. To send money, simply create an account on BYDFi and complete the verification process. Once your account is set up, you can deposit Canadian dollars into your BYDFi account and convert them into a cryptocurrency of your choice. After that, you can send the cryptocurrency to a recipient in the Philippines by using their cryptocurrency wallet address. The recipient can then convert the cryptocurrency into Philippine pesos and withdraw the funds. It's important to note that there may be fees associated with each transaction, so make sure to check the fees and exchange rates before proceeding.
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