Bitwire skips the extra transaction and foreign exchange fees.
Transfers are processed and settled in less than 2 hours.
Just a Few Clicks
Send money to Korea in just a few clicks on your laptop or mobile.
Backed by blockchain technology, Bitwire offers bank-level security.
Directly deposit to a bank account from more than 50 banks in Korea.
Withdraw cash from more than 10,000 ATMs located at CU Convenient Stores, subway stations and movie theatres.
How Bitwire Works
4 Easy Steps to Send Money to Korea with BitWire
STEP 1: Amount and Recipients
Choose how much money you want to send in a currency you want (EUR, USD, CAD, KRW, CNY or JPY). Then, fill out the information of your recipient in Korea. You are now ready to make a transfer.
STEP 2: Send Us Bitcoins
Send us the correct amount of bitcoins to the bitcoins address provided. You first need a Bitcoin wallet to send bitcoins. If you don't have a Bitcoin wallet, it's not difficult to create one.
STEP 3: BTC to KRW
We will exchange your bitcoins to KRW (South Korean Won) using Korbit Exchange. Bitcoin exchange rates are much cheaper than a bank's foreign exchange rates, which is how you can save money with Bitwire.
STEP 4: Transfer Complete
The exchanged KRW will be deposited to the recipient's Korean bank account within 2 hours of your Bitcoin payment. Once the money is deposited successfully, you and the recipient will receive notification emails. And that's it! 4 easy steps to send money to Korea.