The algorithm of work on all crypto exchangers is similar, it is necessary:
- Create an application by selecting a direction and specifying the amount and purse to receive or pay. The commission of exchangers is usually included in the course. Some payment systems may charge their own internal commission for transfers. Information about this can be obtained before the exchange or by contacting support.
- Check entered data.
- Pay within the specified time – from 15 to 30 minutes. The exchange rate is fixed only for this time. You should make a transfer according to the details specified in the application and after payment click “I paid”.
- The exchanger will record the receipt of the payment and transfer the required currency to an electronic wallet, bank card, bank account or cryptocurrency address. Execution time depends on the payment system, on average – up to 5–10 minutes.
The status of the application can be viewed in your personal account after registration, it is also duplicated by email. We recommend registering, as most exchangers provide a cumulative discount.
All sites have online support, usually around the clock. Before exchanging cryptocurrency, you can ask questions.
Cryptocurrency can be bought as an investor – for the purpose of long-term investment or as a trader – for the purpose of speculative trading to increase or decrease the price. If you buy crypto coins for a long period (from a year or more), then the entry point is not so important and you can buy it at any time, as analysts predict the growth of the rate of popular cryptocurrencies in the future.
Features of the exchange of cryptocurrency in exchangers
It is not difficult to buy cryptocurrency in an exchanger. The variety of virtual coins will not be as large as on the exchange, but there are a large number of payment systems for exchange. For example, you can buy XVG to XMR.
A significant plus is the fast time to buy cryptocurrency. An exchange transaction can be completed in just 5–10 minutes, while on a crypto exchange this process can take much longer. If you also pass verification (usually it is required when making transactions for large amounts or to connect some payment systems, for example, a bank transfer), then this will take a couple of days.
FAQ
How to exchange cryptocurrency in an exchanger?
Create and pay for an exchange request, for example, BTC to ETH. During the preparation of the application, the payment direction, details for receiving funds, the amount.
How to choose a good exchanger?
When choosing, pay attention to the reviews, the availability of the necessary currencies and the trading rate.
What are the benefits of using these services??
It is very simple and fast, does not require identity verification. Ideal for beginners.
What methods of exchange, purchase, sale are supported by the platforms?
Almost any banks, payment systems, cryptocurrencies, crypto exchange codes, and often cash (then you need to come to the office to exchange).
How else can you buy or sell cryptocurrency?
With the help of exchanges, payment systems, p2p exchanges, cryptocurrency wallets, cryptomats or telegram bots.
Online cryptocurrency exchanges are a popular and convenient way to buy or sell digital assets. Allows you to complete the operation in a matter of minutes (or up to an hour, depending on the blockchain network) without revealing your identity. Some services, however, require verification of a bank card – just to make sure that it is not used by a fraudster. But most of the time it’s not necessary.
