How can I transfer money with Wise using cryptocurrencies?
Pearl FoxDec 25, 2021 · 3 years ago3 answers
I want to transfer money using Wise, but I also want to use cryptocurrencies. How can I transfer money with Wise using cryptocurrencies? Can I directly transfer cryptocurrencies through Wise or do I need to convert them to fiat currency first?
3 answers
- Dec 25, 2021 · 3 years agoSure thing! Wise, formerly known as TransferWise, is a popular platform for international money transfers. However, as of now, Wise does not support direct transfers of cryptocurrencies. If you want to transfer money using cryptocurrencies through Wise, you'll need to convert your cryptocurrencies to fiat currency first and then transfer the fiat currency through Wise. Keep in mind that you may incur additional fees and conversion costs during this process. Make sure to check the fees and exchange rates before making any transfers.
- Dec 25, 2021 · 3 years agoUnfortunately, Wise does not currently support direct transfers of cryptocurrencies. To transfer money using cryptocurrencies through Wise, you'll need to convert your cryptocurrencies to fiat currency first. Once you have converted your cryptocurrencies to fiat currency, you can then transfer the money through Wise just like any other traditional currency. It's important to note that the conversion process may involve additional fees and exchange rate fluctuations, so make sure to consider these factors before making any transfers.
- Dec 25, 2021 · 3 years agoHey there! While Wise is a great platform for money transfers, it doesn't support direct transfers of cryptocurrencies at the moment. If you want to transfer money using cryptocurrencies through Wise, you'll need to convert your cryptocurrencies to fiat currency first. Once you have converted your cryptocurrencies to fiat currency, you can transfer the money through Wise just like any other traditional currency. Keep in mind that there may be fees and exchange rate differences involved in the conversion process, so it's a good idea to compare rates and consider the costs before making any transfers.
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