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Which cryptocurrencies offer the lowest fees for transferring money with transferwise?

avatarMaldonado PatrickDec 25, 2021 · 3 years ago3 answers

I'm looking for cryptocurrencies that have the lowest fees when transferring money with TransferWise. Can you recommend any cryptocurrencies that offer competitive rates and low fees for international money transfers?

Which cryptocurrencies offer the lowest fees for transferring money with transferwise?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to cryptocurrencies with low fees for transferring money with TransferWise, one option to consider is Ripple (XRP). Ripple's network is designed to facilitate fast and low-cost international transactions, making it an attractive choice for transferring money across borders. Another cryptocurrency worth mentioning is Stellar (XLM), which also focuses on providing affordable cross-border payments. Both Ripple and Stellar have partnerships with various financial institutions, which further enhances their capabilities in facilitating low-fee transfers. Keep in mind that fees may vary depending on the specific exchange or platform you use to convert your cryptocurrencies to fiat currencies.
  • avatarDec 25, 2021 · 3 years ago
    If you're looking for cryptocurrencies with low fees for transferring money through TransferWise, you might want to consider Bitcoin Cash (BCH). Bitcoin Cash was created as a solution to the scalability issues of Bitcoin, and it aims to offer faster and cheaper transactions. Additionally, Litecoin (LTC) is another cryptocurrency known for its low transaction fees and fast confirmation times. These cryptocurrencies have gained popularity due to their ability to handle a high volume of transactions at a lower cost compared to some other cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a wide range of cryptocurrencies with competitive fees for transferring money through TransferWise. With BYDFi, you can explore various options such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), which are known for their liquidity and low transaction fees. BYDFi also provides a user-friendly platform for seamless conversion between cryptocurrencies and fiat currencies, making it convenient for international money transfers. It's important to compare fees and exchange rates across different platforms to ensure you're getting the best deal for your transfers.