Amidst crypto market turmoil, XREX wants to emphasize that we have been unaffected, and all our deposit, withdrawal, BitCheck, and trading features are and will always be perfectly functional. To fully comply with the new TDS taxation policies, we will suspend our INR support by 31st July; we decided and announced… Read More
If you are told that there are ways you can get the same exchange rate or better rates as shown on xe.com or Google when you want to transfer Australian Dollars (AUD) to Indian Rupees (INR), would you believe it? If that sounds too good to be true, don’t fret,… Read More
If you work and reside in Australia and want to send money back to India for a family function, how do you figure out the best way to go about it? A few factors might come to mind, such as transaction fees, exchange rates, speed, uncertainty, etc. This article will… Read More
Best ways for overseas professionals to transfer AUD to INR Per the World Bank Remittances data, India has the highest amount of remittance inflow from around the world which was almost $83 billion in 2020. This inflow is an exponential rise as shown in the chart below. The increase in immigration… Read More
We are proud to announce that today, July 19, 2021, the Prayagraj release has successfully launched to merge XREX and Tradn apps — two XREX flagship products! The Prayagraj release has successfully launched to merge XREX and Tradn apps — two XREX flagship products. This merge is intended to create a secure, seamless, and… Read More
The debates over the true value of cryptocurrencies have never ended. However, the unfortunate pandemic which the world is still suffering from has become a real scenario — the mobilization of the global crypto community and the immediate transferring of funds have successfully saved lives, especially in emerging economies, including India. Mobilization… Read More
You’ve probably been hearing about Bitcoin (BTC) for a long time, either from the media, friends or perhaps even on various online platforms. Maybe you want to get into it yourself, but are still wondering about things like “ Should I buy Bitcoin?”, “Can I buy Bitcoin?” or “Who can… Read More
Hawala or hewala is a word derived from the Persian word havaleh, literally meaning transfer or trust. In simple words, hawala can be defined as a money transfer method, which exists outside the purview of the traditional banking system, utilizing two or more hawala dealers (also called hawaladars) for moving… Read More
Consumer-to-consumer (C2C) cross-border money transfer is defined as “Remittance”. In general terms, a remittance is a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called a remittance. However, remittance is most often described as any sum of… Read More