Bitwire skips the extra transaction and foreign exchange fees.
Transfers are processed and settled in less than 30 minutes.
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 30 minutes 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.