How can I send money from Australia to India using cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  One way to send money from Australia to India using cryptocurrencies is to use a cryptocurrency exchange. You can convert your Australian dollars into a popular cryptocurrency like Bitcoin or Ethereum, and then send the cryptocurrency to an Indian cryptocurrency exchange. Once the cryptocurrency arrives in India, you can convert it back into Indian rupees and withdraw the funds to your bank account. This method allows for fast and low-cost international money transfers.
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• Dec 27, 2021 · 3 years ago
  Sending money from Australia to India using cryptocurrencies can be done through peer-to-peer transactions. You can find someone in India who is willing to buy your cryptocurrency using Indian rupees. Once you agree on the exchange rate and the amount, you can send the cryptocurrency to the buyer's wallet address. After the transaction is confirmed, the buyer can transfer the agreed amount of Indian rupees to your bank account. This method may require more effort to find a trusted buyer, but it can be a direct and cost-effective way to send money.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we offer a convenient and secure way to send money from Australia to India using cryptocurrencies. Our platform allows you to easily convert your Australian dollars into cryptocurrencies and send them directly to an Indian bank account. With our competitive exchange rates and fast transaction times, you can quickly and efficiently transfer money across borders. Sign up for an account on our platform and start sending money to India today!
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