I moved to another country and taught my parents how to receive crypto from me. Now I barely pay any fees compared to bank transfers.

My parents live in Lebanon and the economy there is sh*t. A mere $200 can feed a man and his family for a whole month. I started working in another country a while ago and kept sending my parents money through banks. However I quickly started to see than bank transfer fees are adding up quick. And they were NOT cheap by any means.I eventually got on a video call with them and patiently started teaching them how to operate a wallet. And better yet I started using a platform called e-Money to send them money. This platform charges almost zero fees so thats added benefit to my parents cause even $10 can mean a whole 2 days worth of expenses. So yeah, thanks crypto !

Submitted September 02, 2021 at 05:11AM

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