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How to Send Money Internationally Using Crypto

How to Send Money Internationally Using Crypto

10 March 2023

Remittances technology has seriously changed in the last decade. Bank transfers, card to card, wallets and crypto transfers - for an average person it's getting next to impossible to keep track on all these options. There is no best option or provider anymore, the choice will depend on the need weather it's speed, lowest commission or sending large amount of money. Goal of our website and our team is to make the complex world of international transfers a little simpler.

Understanding Cryptocurrency Transfers

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It has become a popular method for international transactions due to its decentralized nature.

How Crypto Transfers Work

Sending money internationally with crypto involves transferring digital currency from one person's wallet to another, across the blockchain network. This process bypasses traditional banking systems, leading to quicker and cheaper transactions.

Step-by-Step Guide to Sending Crypto

  1. Choose a Cryptocurrency: Bitcoin, Ethereum, and Ripple are popular choices for international transfers due to their widespread acceptance and stability.
  2. Select a Crypto Wallet: A digital wallet is required to store and send cryptocurrency. Examples include Coinbase Wallet and MetaMask.
  3. Buy Cryptocurrency: Purchase the chosen cryptocurrency through an exchange, using traditional money.
  4. Send the Crypto: Enter the recipient's wallet address, the amount, and confirm the transaction.

Table: Popular Cryptocurrencies for International Transfers

CryptocurrencyTransaction SpeedAverage Fee
Bitcoin10-60 minutesLow
EthereumSeconds to minutesMedium
Ripple (XRP)SecondsVery low

Benefits of Using Crypto for International Transfers

Security Measures for Crypto Transfers

Ensuring the security of your funds is paramount when sending money internationally via cryptocurrency.


What do I need to start sending money internationally with crypto?

You'll need a cryptocurrency wallet, some cryptocurrency, and the recipient's wallet address.

Are cryptocurrency transfers legal for international transactions?

Cryptocurrency regulations vary by country. It's important to check the legal status in both the sending and receiving countries.

How long do cryptocurrency transfers take?

Transaction times vary depending on the cryptocurrency used and network congestion. Bitcoin transactions can take from a few minutes to an hour, while other cryptocurrencies like Ripple (XRP) may take just a few seconds.

Can I send any amount of money using cryptocurrency?

Yes, one of the advantages of cryptocurrency is the ability to send large sums of money without the limits imposed by traditional banks, though network fees should be considered for very large transactions.

How can I ensure my cryptocurrency transfer is secure?

Always use a reputable wallet, enable security features like 2FA, and double-check the recipient's address to ensure the safety of your transfer.