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How can I use Remitly to transfer money to buy cryptocurrencies?

avatarAbhishek MatluriDec 27, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use Remitly to transfer money for the purpose of buying cryptocurrencies?

How can I use Remitly to transfer money to buy cryptocurrencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to use Remitly to transfer money for buying cryptocurrencies: 1. Sign up for a Remitly account and complete the verification process. 2. Connect your bank account or credit card to your Remitly account. 3. Choose the country you want to send money to and provide the recipient's bank account details. 4. Specify the amount of money you want to transfer and select the desired currency. 5. Review the transaction details and confirm the transfer. 6. Wait for the transfer to be processed, which typically takes a few minutes to a few business days. 7. Once the transfer is complete, you can use the transferred funds to purchase cryptocurrencies on a supported exchange. Please note that the availability of Remitly and supported exchanges may vary depending on your location and the specific cryptocurrencies you wish to buy.