How can I send money using cryptocurrencies on Remitly and what are the limits?
Prem SawantJan 13, 2022 · 3 years ago3 answers
Can you explain the process of sending money using cryptocurrencies on Remitly? Are there any limits or restrictions?
3 answers
- Jan 13, 2022 · 3 years agoSure! Sending money using cryptocurrencies on Remitly is a simple process. First, you need to create an account on Remitly and complete the necessary verification process. Once your account is set up, you can navigate to the 'Send Money' section and select the option to send money using cryptocurrencies. You will then be prompted to enter the recipient's details and the amount you wish to send. After confirming the transaction, you will receive a unique wallet address to which you can send the specified amount of cryptocurrency. Remitly will then convert the cryptocurrency into the recipient's preferred fiat currency and complete the transfer. As for limits and restrictions, Remitly may have certain maximum and minimum limits for cryptocurrency transfers. These limits can vary depending on factors such as your account verification level and the specific cryptocurrency you are using. It's best to check Remitly's website or contact their customer support for the most up-to-date information.
- Jan 13, 2022 · 3 years agoSending money using cryptocurrencies on Remitly is a breeze! All you need to do is sign up for an account, go to the 'Send Money' section, and choose the cryptocurrency option. Enter the recipient's details and the amount you want to send, and you're good to go. Remitly will provide you with a wallet address where you can send the cryptocurrency. Once the transaction is confirmed, Remitly will convert the cryptocurrency into the recipient's local currency and complete the transfer. As for limits, Remitly may have certain restrictions on the maximum and minimum amounts you can send using cryptocurrencies. These limits can vary depending on factors like your account verification status and the specific cryptocurrency you're using. For the most accurate and up-to-date information, it's always a good idea to check Remitly's website or reach out to their customer support.
- Jan 13, 2022 · 3 years agoWhen it comes to sending money using cryptocurrencies on Remitly, BYDFi has got you covered! Just kidding, BYDFi is not affiliated with Remitly. But let me walk you through the process. First, you'll need to create an account on Remitly and complete the necessary verification steps. Once that's done, head over to the 'Send Money' section and select the cryptocurrency option. Enter the recipient's details and the amount you want to send. Remitly will then provide you with a wallet address where you can send the specified amount of cryptocurrency. After the transaction is confirmed, Remitly will convert the cryptocurrency into the recipient's local currency and complete the transfer. As for limits, Remitly may have certain restrictions on the maximum and minimum amounts you can send using cryptocurrencies. These limits can vary based on factors like your account verification level and the specific cryptocurrency you're using. It's always a good idea to check Remitly's website or contact their customer support for the most accurate and up-to-date information.
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