How you use crypto to receive money from abroad

using cryptocurrency to receive money from abroad is pretty straightforward . Here is how you can do it in a few simple steps:

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1. Choose a Crypto Wallet

You need a crypto wallet to receive funds. You can pick:

Mobile/desktop wallets (e.g., Trust Wallet, MetaMask, Exodus)

Exchange wallets (e.g., Binance, Coinbase, Kraken)

Each wallet gives you a unique wallet address for each crypto (like Bitcoin or USDT).

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2. Select a Cryptocurrency

Popular options for sending/receiving include:

Bitcoin (BTC) – widely used, but can have high fees.

Ethereum (ETH) – popular, but gas fees can be high.

USDT (Tether) – a stablecoin pegged to the US dollar, often used for international transfers (cheaper and faster if sent on TRON network - “TRC20”).

Litecoin (LTC) – cheaper and faster than BTC.

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3. Share Your Wallet Address

Give the sender your wallet address for the crypto they’re sending (e.g., your USDT TRC20 address). Make sure the network matches what the sender is using.

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4. Wait for Confirmation

Once the sender transfers the crypto, it usually takes a few minutes to an hour depending on the network. You'll see it in your wallet once it's confirmed.

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5. Convert to Local Currency (Optional)

You can:

Keep the crypto in your wallet, or

Sell it on a crypto exchange to get local currency (bank deposit, mobile money, etc.)

Examples of platforms for converting crypto to local currency:

Binance P2P

Coinbase

Kraken

LocalBitcoins

Paxful

Trust Wallet (via third-party services)