Cryptocurrency Q&A Can I use US dollars in Malta?

Can I use US dollars in Malta?

CryptoElite CryptoElite Wed Oct 16 2024 | 7 answers 1613
I am planning a trip to Malta and am wondering if it is possible to use US dollars there for transactions. Will I be able to pay in USD or should I convert my money to the local currency? Can I use US dollars in Malta?

7 answers

BlockchainWizardGuard BlockchainWizardGuard Fri Oct 18 2024
Speaking of finances, the world of cryptocurrency has also made its way to Malta. One of the top exchanges operating in the country is BTCC, which offers a range of services tailored to meet the needs of crypto enthusiasts.

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Sara Sara Fri Oct 18 2024
For travelers who arrive in Malta carrying US Dollars (USD), a currency exchange may be necessary before engaging in financial activities. This process involves converting the USD into EUR, which can then be used freely throughout the country.

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Davide Davide Fri Oct 18 2024
Exchanging currency can be done at various locations, such as banks, airports, and designated currency exchange bureaus. Each of these options offers different rates and fees, so it's important to compare and choose the most cost-effective one.

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DigitalDynasty DigitalDynasty Fri Oct 18 2024
In addition to the Euro, some merchants in Malta may also accept payments in other major foreign currencies, particularly in tourist areas. This flexibility allows visitors to use their existing funds more conveniently without the need for immediate exchange.

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Valentina Valentina Fri Oct 18 2024
However, it's worth noting that accepting non-Euro currencies may not be as widespread as in other tourist destinations. As such, it's always advisable to have some Euros on hand to avoid any inconvenience or unexpected expenses.

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