How to send money from Brazil to Bolivia with El Dorado 🟡

If you need to send money to Bolivia from Brazil, El Dorado P2P is a modern alternative, which works as a digital exchange house, and it's cheaper than Western Union.

The platform allows you to buy and sell USDT (digital dollars) with Brazilian reais (BRL), and then exchange those funds for Bolivian (BOB) directly from the cell phone, without complications.

Unlike a traditional exchange office in Bolivia, El Dorado operates 100% online, without queues or paperwork, ideal for those looking for speed, 24/7 availability and lower commissions.

🎥 Watch this video by Andy Flores where he explains step by step how to send money from Brazil to Bolivia using El Dorado.

Step 1: Download El Dorado

Download the app for Android or iOS:

Download El Dorado

Step 2: Sign up and verify your account

1. Create an account with your email, secure password and username.
2. Click on your username and select “Verification (KYC)”.
3. Complete the form with your personal data and your identity document.
4. Verify your phone number with the SMS code you will receive.

Step 3: Buy USDT with Brazilian Reals (BRL)

1. Go to the section “Change” in the app.
2. Select I have BRL and I want USDT.
3. Filter by payment method and choose Pix.
4. Choose an “Online” merchant, enter the amount you want to buy and click “Exchange BRL to USDT”.
5. Copy the Pix key shown by the app and make the transfer from your bank or financial app (Nubank, Mercado Pago, Banco do Brasil, etc.).
6. Attach the receipt to the order chat and press “Payment made”.
7. You'll receive the USDT in your El Dorado wallet in a few minutes, once the merchant confirms the payment.

Step 4: Sell USDT for Bolivians

1. In the section “Change”, select I have USDT and I want BOB.
2. Filter by payment method and select the Bolivian bank where you will receive the funds (Banco Unión, Banco Económico, Banco Ganadero, BCP Bolivia, etc.).
3. Choose an “Online” merchant, enter the amount you want to sell and click “Exchange USDT to BOB”.
4. Wait for the merchant to transfer the Bolivians to you.
5. When you see the deposit in your bank account, return to El Dorado and check “Payment received”.

What do I do if I have a problem with an order?

El Dorado protects every transaction with a guarantee system. If there are any problems, you can open a dispute directly from the app:

• Are you buying USDT and you already made the payment but the seller doesn't release? Quiet. The funds are blocked. Attach the voucher and open a dispute.
• Are you selling USDT and the buyer isn't paying? Do not release funds. Open a dispute and the support team will step in.

Here's a video that explains how to open a dispute from the app:

What are the fees for using El Dorado P2P?

In El Dorado, the fees for exchanging between one currency and another vary depending on the amount of the transaction.

When you buy less than 40 USDT (or $40), you'll have to pay 0.49 USDT in commission. Plan before you receive your next salary, to make larger purchases and save on commissions.

• 🔸 From 1 to 40 USDT: fixed commission of $0.49
• 🔸 From 40 to 100 USDT: 1.23%
• 🔸 From 100 to 1,000 USDT: 0.99%
• 🔸 From 1,000 to 10,000 USDT: 0.39%
• 🔸 More than 10,000 USDT: 0.24%

📌 Example: If you buy 50 USDT, you will pay 50.61 USDT.

👉 The minimum exchange amount in El Dorado P2P is 1 USDT, although there are merchants who set minimums of less than 1 USDT in their advertisements to attract new users, in exchange for a favorable rate.

🔗 For more detailed information on commissions, you can visit our blog about El Dorado commissions.

⚙️ Quick comparison: Send 250 BRL from Brazil to Bolivia

PlatformRate (250 BRL → Bolivia) Time of arrivalPaysend9 BRL to card/free to bank accountMinutes (almost immediately) WiseVariable (~0.8% of the value, with no high fixed fee) Up to 24 hoursXoom (PayPal) ~6.99 USD via account/~10.99 USD via cardMinutes (cash) or up to 1-2 days (bank) Western UnionVariable, promotions available (e.g., first free transfer via Pix) Minutes up to 1 dayMoneygramVariable by method (amount and method of payment) Minutes up to a few hoursPanda Remitable ~8.99 BRL per transfer/Minutes (some transfers in ~2 min) The Dorado P2Plow costs (crypto, almost no cost except spread) Minutes (depends on the blockchain) Travelex9.90 BRL (first delivery free) Up to 24 hours

What is the minimum and maximum amount to send money to Bolivia?

The minimum amount to send money to Bolivia using El Dorado is 1 USDT, which is the minimum allowed to carry out operations in the P2P market.

As for the maximum, it will depend on your level of verification (KYC) inside the app:

• 🔹 Level 1: upto 250 USDT per month
• 🔹 Level 2: upto 10,000 USDT per month
• 🔹 Level 3: upto 250,000 USDT per month
• 🔹 Level 4: upto 1,000,000 USDT per month

📌 The higher your verification level, the greater your ability to send or receive money to and from Bolivia.

Why use a digital exchange such as El Dorado?

In Bolivia, less than 30% of the population has a bank account. For this reason, a digital exchange house like El Dorado allows you to send money without complications, with advantages such as:

• 24/7 access from your cell phone
• No queues, offices or paperwork
• Better exchange rates
• Fast support in case of disputes

Try El Dorado