How to receive money from Brazil in Venezuela with El Dorado P2P

If you have family members in Brazil who want to send you money to Venezuela, El Dorado P2P is a platform that makes the whole process easier for you. You don't need to be a technology expert to use it, as it's designed in a simple and accessible way, ideal even for older people who don't have much experience with digital platforms.

Here's how you can easily receive money.

Step 1: Create an El Dorado P2P account

The first step in receiving money is to open an account in El Dorado. Registration is free and easy to complete. Follow these steps:

• Download the El Dorado app from the Play Store or App Store.
• Complete the registration form with your basic personal details.
• Once your account is registered, you'll need to verify your identity to start receiving money.

Step 2: Verify your identity in El Dorado

To ensure transaction security, you'll need to verify your account. This step is essential, but very simple:

• Sign in to your account and select the “Verify my account” option.
• Complete a basic form with your name, ID and other personal information.
• Verify your phone number by entering the code you will receive via text message.
• Once this step is complete, your account will be ready to receive funds.

Step 3: Your family members exchange Brazilian reais to USDT

To send you money from Brazil, your family members must exchange Brazilian reais (BRL) for USDT, a stable digital currency (stablecoin) commonly used for international transfers. They can follow these steps:

1. Within El Dorado P2P, they select “Exchange” and choose BRL as the currency they have and USDT as the one they want to purchase.
2. They select a trustworthy merchant who is online to perform the conversion.
3. They make a Pix transfer from their bank in Brazil and once confirmed, the USDT will be reflected in your El Dorado account.

Step 4: Receive the USDT in your El Dorado account

When your family member has converted their reais to USDT, they can transfer the money to you through the El Dorado platform. To do so, you just need to follow these steps:

1. Access the “Transfer” option on the platform.
2. Enter your username or the email associated with your El Dorado account.
3. Confirm the amount you want to send to you.

This transaction is instant and in seconds you will receive the USDT in your El Dorado account.

Step 5: Exchange USDT to Bolivars (VES)

Once you have received the USDT, you can quickly and easily exchange them into Venezuelan bolivars in El Dorado:

1. Go to the “Change” section within the platform.
2. Select USDT as the currency you have and VES as the currency you want to receive.
3. Choose an available merchant and follow the instructions to complete the change.

Step 6: Receive the money in your bank account in Venezuela

Finally, after exchanging USDT for bolivars, you can transfer the money to your bank account in Venezuela:

• Choose the “Change” option on the platform.
• Enter your bank account details in Venezuela.
• Confirm the amount you want to withdraw and wait for the funds to arrive in your account.

Start receiving money from Brazil today

El Dorado P2P is a simple solution so you can receive money safely and quickly from Brazil, regardless of whether you are new to digital platforms. The USDT cryptocurrency maintains the stable value of your money, avoiding the typical fluctuations of other currencies and allowing you to receive money in Venezuela without complications or high fees.

No matter your experience with technology, El Dorado P2P provides you with a reliable and easy-to-use platform to stay financially connected with your loved ones in Brazil.