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How can I send money from the USA to Sri Lanka using cryptocurrencies?

avatarFelix VázquezDec 27, 2021 · 3 years ago1 answers

I am in the USA and I want to send money to Sri Lanka using cryptocurrencies. Can you please guide me on how to do that? What are the steps involved? Are there any specific platforms or exchanges that I should use?

How can I send money from the USA to Sri Lanka using cryptocurrencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    To send money from the USA to Sri Lanka using cryptocurrencies, you can follow these steps: 1. Choose a cryptocurrency: Select a cryptocurrency that is supported by both the USA and Sri Lanka exchanges. 2. Open an account: Sign up for an account on a cryptocurrency exchange that supports both countries. 3. Deposit funds: Deposit the desired amount of cryptocurrency into your exchange account. 4. Convert to Sri Lankan currency: Use the exchange's trading platform to convert your cryptocurrency into Sri Lankan Rupees (LKR). 5. Withdraw to a Sri Lankan bank account: Transfer the converted LKR to a Sri Lankan bank account. 6. Verify the transfer: Confirm that the funds have been successfully transferred to the recipient's bank account. Remember to choose a reputable exchange and consider the fees and exchange rates involved in the process.