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What is the cheapest way to send money to Ukraine using cryptocurrencies?

avatarIbrahim Abdallah AdamDec 28, 2021 · 3 years ago3 answers

I want to send money to Ukraine using cryptocurrencies, but I'm looking for the most cost-effective option. What is the cheapest way to do this?

What is the cheapest way to send money to Ukraine using cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The cheapest way to send money to Ukraine using cryptocurrencies is to use a peer-to-peer (P2P) exchange platform. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing fees. You can find P2P platforms that support cryptocurrency transfers to Ukraine and compare their fees and exchange rates to choose the most cost-effective option.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for the cheapest way to send money to Ukraine using cryptocurrencies, consider using a decentralized exchange (DEX). DEXs allow you to trade cryptocurrencies directly with other users, without the need for a centralized intermediary. This can help you save on fees and get a better exchange rate. Just make sure to do your research and choose a reputable DEX with good liquidity.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we offer a cost-effective solution for sending money to Ukraine using cryptocurrencies. Our platform allows you to convert your cryptocurrencies to Ukrainian hryvnia (UAH) and send them directly to a Ukrainian bank account. With competitive exchange rates and low fees, BYDFi provides a convenient and affordable option for money transfers to Ukraine.