One account to receive, hold, and convert — instead of juggling
There's more than one way to get paid from abroad. Here's how REDFi compares to the common alternatives — a traditional bank wire, a remittance app, and trading crypto peer-to-peer — so you can pick what fits.
Side by side
| REDFi | Bank wire | Remittance app | P2P crypto | |
|---|---|---|---|---|
| Your own USD account & routing details | Yes — receive like a US account | Needs an existing bank account | Usually no account you keep | No — you trade peer-to-peer |
| Hold your money in dollars & earn REDFi Rewards | Yes, as USDB | Held in a bank account | Typically pays out and done | You hold the crypto yourself |
| Convert to local currency & cash out | Yes, when you choose | Bank sets the exchange rate | Delivered in local currency | You sell the crypto yourself |
| Who you deal with | A KYC-verified platform | Banks on both ends | The remittance company | Individual counterparties |
| Pricing you can see up front | Transparent & personalized | Fees + an exchange-rate margin | Varies by amount & country | Depends on the counterparty |
Which is best for you?
Choose REDFi if…
You get paid from abroad regularly — clients, platforms, family, or marketplaces — and want one account you control to receive dollars, hold them, and convert to your local currency on your terms.
A bank wire fits if…
You're making a single large transfer between two bank accounts and don't need to hold a balance or receive from many sources over time.
A remittance app fits if…
Someone abroad is sending a fixed amount to be delivered to you in local currency, and you don't need a persistent account or to hold dollars.
P2P crypto fits if…
You're comfortable trading stablecoins directly with other people and managing counterparty risk, price swings, and cashing out yourself.
Get one account for money from anywhere
Receive, hold in dollars, and convert to your local currency — on your terms.
This is a general comparison of common ways to receive money across borders, not a claim about any specific company. Features, availability, and pricing of every option — including REDFi's — vary by country and can change. REDFi's pricing is personalized; you see your exact rate before you confirm.