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What are the best ways to send money to India without paying any fees using cryptocurrency?

avatarJialiang ChenDec 30, 2021 · 3 years ago3 answers

I am looking for the most efficient and cost-effective methods to transfer money to India using cryptocurrency. I want to avoid any fees or charges associated with the transfer. What are the best options available?

What are the best ways to send money to India without paying any fees using cryptocurrency?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One of the best ways to send money to India without paying any fees using cryptocurrency is through peer-to-peer (P2P) platforms. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing costs. You can find P2P platforms that support cryptocurrency transfers to India and choose a seller who offers the best exchange rate and zero fees. Just make sure to do your due diligence and choose a reputable platform and seller.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking to send money to India without paying any fees using cryptocurrency, you can consider using stablecoins. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. By using stablecoins, you can avoid the volatility of other cryptocurrencies and ensure that the value of your transfer remains stable. Look for exchanges that support stablecoin transfers to India and compare the fees and exchange rates to find the best option.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers fee-free transfers to India. With BYDFi, you can send money to India without paying any fees using cryptocurrency. They have a user-friendly platform and offer competitive exchange rates. Simply sign up for an account, deposit your cryptocurrency, and initiate the transfer to India. BYDFi takes care of the rest, ensuring that your money reaches its destination quickly and securely.