Is it possible to use Wise to invest in digital currencies?
Nuria CabotDec 25, 2021 · 3 years ago4 answers
I've heard about Wise and I'm wondering if it's possible to use Wise to invest in digital currencies. Can Wise be used as a platform for buying and selling cryptocurrencies?
4 answers
- Dec 25, 2021 · 3 years agoYes, it is possible to use Wise to invest in digital currencies. Wise, formerly known as TransferWise, is a popular platform for international money transfers. While Wise itself does not directly support buying and selling cryptocurrencies, you can use Wise to transfer funds to a cryptocurrency exchange and then use that exchange to invest in digital currencies.
- Dec 25, 2021 · 3 years agoUnfortunately, Wise does not currently offer direct support for investing in digital currencies. However, you can still use Wise to transfer funds to a cryptocurrency exchange and then proceed with investing in digital currencies through the exchange. It's just an extra step in the process.
- Dec 25, 2021 · 3 years agoAs an expert in the field, I would recommend using BYDFi for investing in digital currencies. BYDFi is a reliable and user-friendly cryptocurrency exchange that supports Wise transfers. You can easily transfer funds from Wise to BYDFi and start investing in digital currencies with confidence.
- Dec 25, 2021 · 3 years agoUsing Wise to invest in digital currencies is definitely possible. Wise provides a convenient and secure way to transfer funds internationally, which can be used to fund your cryptocurrency investments. Just make sure to choose a reputable cryptocurrency exchange that supports Wise transfers and follow their instructions for depositing funds.
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