Here’s how the process works:
- Buy cryptocurrency on a reputable crypto exchange like ChicksX using your local currency.
- Transfer the cryptocurrency from the exchange to your personal wallet.
- Send the cryptocurrency to your recipient's wallet address.
- The recipient can then convert the cryptocurrency back to their local currency using a local exchange or peer-to-peer market.
Cryptocurrency transfers can be completed in minutes or hours, not days. The fees are often lower than bank wires or traditional money transfer services. You don't need a bank account to send or receive crypto, just a digital wallet.
I recommend starting with a small test transaction before sending large amounts. Bitcoin, Ethereum, and stablecoins like USDC are popular choices for international transfers because many exchanges support them.
