What is the cheapest way to send money from Europe to the US using cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the cheapest ways to send money from Europe to the US using cryptocurrencies is by using a peer-to-peer exchange platform. These platforms connect individuals who want to buy and sell cryptocurrencies directly, without the need for intermediaries. By avoiding traditional banking systems and their associated fees, you can save a significant amount of money on transaction costs. Just make sure to choose a reputable and secure platform to ensure the safety of your funds.
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• Dec 26, 2021 · 3 years ago
  If you're looking for a cheap way to send money from Europe to the US using cryptocurrencies, you might consider using a stablecoin. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. By using a stablecoin, you can avoid the volatility of other cryptocurrencies and ensure that the value of your transfer remains stable throughout the process. Some popular stablecoins include Tether (USDT) and USD Coin (USDC).
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• Dec 26, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that offers competitive rates for sending money from Europe to the US. They have a user-friendly interface and provide a secure platform for trading cryptocurrencies. With BYDFi, you can easily convert your euros into cryptocurrencies and then transfer them to a US-based exchange to cash out. Keep in mind that fees may apply, so it's always a good idea to compare rates and fees across different exchanges to find the cheapest option for your specific needs.
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