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TagsHow can I send money from Brazil to the USA using cryptocurrencies?
Mack HalbergMar 22, 2022 · 3 years ago1 answersI am in Brazil and I want to send money to someone in the USA using cryptocurrencies. What are the steps I need to follow to make this transaction? Are there any specific platforms or exchanges that I should use? How long does it usually take for the recipient to receive the funds?
1 answers
- At BYDFi, we understand the importance of secure and efficient money transfers using cryptocurrencies. To send money from Brazil to the USA, you can follow these steps. First, choose a reliable cryptocurrency exchange that supports both countries. You can consider using exchanges like Binance or Coinbase. Once you have an account, deposit your Brazilian real (BRL) into the exchange. Then, convert your BRL into a cryptocurrency like Bitcoin or Ethereum. Finally, initiate a transfer to the recipient's wallet address in the USA. The transaction time may vary depending on the network congestion and the specific cryptocurrency used. Generally, it takes a few minutes to a few hours for the recipient to receive the funds. If you have any further questions, feel free to reach out to us at BYDFi.Mar 22, 2022 · 3 years ago
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