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

If you're in Bolivia and need to send money to Venezuela, whether to help family members or for any other reason, doing so quickly and securely is key. With El Dorado P2P, you can make efficient transfers using USDT, one of the main cryptocurrencies linked to the dollar. Below, we explain the step by step so you can complete your shipment without complications.

Step 1: Sign up for El Dorado P2P

To get started, you need to create an account on the El Dorado platform. Registration is simple and only takes a few minutes. Once the account is created, verifying your identity is essential to enable transactions.

Step 2: Verify your identity in El Dorado

Identity verification is a fundamental requirement for operating in El Dorado P2P. Follow these steps to complete it:

1. Sign in and go to “Home” by clicking on your username.
2. A notification will appear stating that your account is not yet verified. Click “Verify my account”.
3. Complete the form with your personal data: name, surname, telephone number, nationality and identity document.
4. You will receive an SMS verification code that you must enter on the platform.

Step 3: Exchange your Bolivianos (BOB) to USDT

To send money to Venezuela, you must first convert your Bolivianos to USDT. Follow these steps:

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

Step 4: Send USDT to Venezuela

With the USDT in your account, you can send them to Venezuela in two main ways:

Option 1: Transfer to a Venezuelan bank account

If the person who will receive the money has an account with a bank in Venezuela, you can make a transfer from El Dorado P2P. It's important that the account is in the recipient's name, as many merchants don't allow transfers to third parties.

Option 2: Transfer to another El Dorado account

If the recipient also has an account in El Dorado, you can instantly send them the USDT directly:

1. Copy the recipient's username.
2. Enter the “Transfer” option in the “Wallets” section.
3. Indicate the amount and confirm the operation.

This process is fast and avoids bank delays, allowing the recipient to receive the money in seconds.

Sending money from Bolivia to Venezuela with El Dorado P2P is a safe, fast, and reliable solution. By using USDT, you can avoid the exchange volatility and high fees of other traditional methods. Whether through a bank account or an internal transfer in El Dorado, the process is simple and accessible to any user.

Get started today and send money with peace of mind.