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What are the best ways to transfer money from Ireland to India using cryptocurrency?

avatarSahanaDec 28, 2021 · 3 years ago3 answers

I am in Ireland and I want to send money to someone in India using cryptocurrency. What are the most reliable and efficient methods to transfer money from Ireland to India using cryptocurrency?

What are the best ways to transfer money from Ireland to India using cryptocurrency?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the best ways to transfer money from Ireland to India using cryptocurrency is by using a peer-to-peer exchange platform. These platforms connect buyers and sellers directly, allowing you to find the best exchange rate and lowest fees. Simply create an account, deposit your cryptocurrency, and find a seller in India who is willing to accept your cryptocurrency in exchange for Indian Rupees. Once the transaction is complete, the funds will be transferred to the recipient's bank account. It's a fast and secure way to transfer money internationally.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more traditional approach, you can use a cryptocurrency exchange that supports both Irish and Indian users. These exchanges act as intermediaries, allowing you to deposit your cryptocurrency and convert it into Indian Rupees. Once the conversion is complete, you can withdraw the funds to your bank account in India. Keep in mind that these exchanges may charge fees for their services, so it's important to compare different exchanges to find the most cost-effective option.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we offer a seamless solution for transferring money from Ireland to India using cryptocurrency. Our platform allows you to deposit your cryptocurrency and convert it into Indian Rupees at competitive rates. We prioritize security and ensure that your funds are safely transferred to the recipient's bank account. With BYDFi, you can enjoy a hassle-free and efficient money transfer experience.