Bitcoin Forum
June 22, 2024, 07:04:55 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used to sent money to family in Cambodia ? on: May 27, 2014, 06:36:23 PM
There is a fixed-rate exchage service for Bitcoin in Cambodia.
Here is the URL: http://bitcoincambodia.com/

Bitcoin Cambodia Current Buy Price: $405
Coin Cadence Bitcoin Exchange Price Index Buy Price: $436.47
Bitcoin Cambodia Fee = 7.77% (calculated, not disclosed on site)

That is pretty high for BTC/USD transaction!

bitcoincambodia.com is cheaper when you compare it with Western Union. And Western Union is only in big cities available, but WING is everywhere. And to pickup money with WU you need a ID-card. But many people in Cambodia have no ID card.
2  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used to sent money to family in Cambodia ? on: April 12, 2014, 12:49:38 AM
You can gladly send them bitcoins, the problem is getting them into the local currency.  Unless there is a bitcoin exchanger who will exchange for KHR they would be out of luck.  I haven't seen one, but maybe one will turn up eventually.

There is a fixed-rate exchage service for Bitcoin in Cambodia.
Here is the URL: http://bitcoincambodia.com/

It is possible to exchange BTC for USD, or back. People why live in Cambodia not need a bank account or something like that. The money will be transferred via WING, which is available in almost each city. The receiver in Cambodia need only a phone number.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!