How to easily send money from Argentina to Venezuela with El Dorado P2P

Tutorial, P2P

If you are in Argentina and need to send money to Venezuela, either to support family members or for any other reason, the process may be easier than you think using the platform El Dorado P2P.

Below, we explain the step by step of how you can make this transfer from Argentine pesos (ARS) to bolivars (VES) using USDT, the main digital version of the dollar.

Send money from Argentina

Step 1: Create an El Dorado P2P account

The first thing you need to do is sign up for El Dorado to be able to transfer money between countries, such as from Argentina to Venezuela, in this case. Once you have your account created, you'll need to verify your identity in order to make changes.

Step 2: Verify your identity in El Dorado

Before you can make transactions, you need to verify your account. This process is simple and can be completed in a few steps:

  • Sign in to your account and go to tweaks, by clicking on your username in”Home”.
  • A card will appear stating that your account is not yet verified. Click “Verify my account”.
  • Accept the terms and conditions and complete a form with your basic details, such as name, surname, telephone number, nationality, type of document, document number and date of birth.
  • Verify your phone number: you will receive a 4-digit code via text message that you must enter on the platform.

Step 3: Exchange your Argentine pesos (ARS) to USDT with Mercado Pago

  1. Within the platform, select the “Change” option.
  2. Select “Buy USDT” and choose ARS and Mercado Pago as your payment method.
  3. Choose a trustworthy merchant that's online to convert.
  4. Make a transfer from the Mercado Pago app and, once confirmed, the USDT will be credited to your account.

Step 4: Send USDT to Venezuela

With the USDT now available in your account, you have two main options for sending money to Venezuela:

  1. Transfer to a bank account in Venezuela: If you have an account with a Venezuelan bank in your name, you can make a direct transfer.
  2. Ship to another El Dorado account: If the person who is going to receive the money in Venezuela also has an account in El Dorado, you can send the USDT directly to their user.

This process is fast and secure, and allows the money to arrive in a matter of seconds in the person's account in Venezuela.

Send money from Argentina

This article is intended solely for general information, education, and discussion purposes; it is not an offer, inducement, or solicitation of any kind, and should not be considered legal, financial, investment, tax, or other advice. This article is not directed at, and the information contained herein is not intended for distribution or use by any person or entity in any jurisdiction or country where such distribution, publication, availability, or use would be contrary to law or regulation or otherwise prohibited or would subject El Dorado and/or its affiliates to any registration or licensing requirement.

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