What are the best digital currency options for sending money from Ghana using WorldRemit?

3 answers

• Dec 27, 2021 · 3 years ago
  One of the best digital currency options for sending money from Ghana using WorldRemit is Bitcoin. Bitcoin is a decentralized cryptocurrency that offers fast and secure transactions. It is widely accepted and can be easily converted into local currency. However, it is important to note that Bitcoin transactions can be subject to high fees and price volatility.
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• Dec 27, 2021 · 3 years ago
  Another option to consider is Ethereum. Ethereum is a blockchain-based platform that allows for the creation and execution of smart contracts. It offers faster transaction times compared to Bitcoin and has a lower transaction fee. However, Ethereum is still relatively new and may not be as widely accepted as Bitcoin.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we recommend using stablecoins like Tether (USDT) or USD Coin (USDC) for sending money from Ghana using WorldRemit. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. They offer the benefits of digital currencies, such as fast and secure transactions, while minimizing the volatility risks associated with other cryptocurrencies. Additionally, stablecoins can be easily converted into local currency through various exchanges.
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