Currently, cryptocurrency exchangers are popular, especially after they stopped trusting cryptocurrency exchanges. Many people prefer to use exchangers not only to exchange one currency for another, but also to buy bitcoins and other currencies. These are special platforms that allow you to transfer digital coins, fiat.
Advantages of Exchange Platforms
The advantage of exchangers is that transfers come directly to a bank card or virtual wallet, you can change convert eth to btc in a few minutes. It is worth being guided by a number of factors, you should not choose the first one that comes along. It is important that the exchange platform is reliable, provides high speed, uses different payment methods to cover many different currencies and has a fairly large reserve, a reserve of funds. In any case, you can choose any payment method:
- bank cards;
- electronic wallets;
The easiest one is a bank card. Virtual wallets are often used. You can find exchangers that work with cash. As for commissions, most often the exchanger takes a commission for the transfer or they are already embedded in the course itself. If the exchanger talks about a commission, then it may be a fixed rate, which is not beneficial for those who transfer small amounts, or it may depend on the amount of the transaction.
How to Choose the Best Cryptocurrency Exchanger
Most often, a percentage of the total amount is offered, which makes it possible to decide for yourself how profitable this or that transaction is. Each exchanger also sets its own lines for transfers, most often it takes no more than an hour. In some cases, 20 minutes is enough. Some exchangers promise a transfer in 5 minutes, but most often it reaches about an hour. As for the volume of the transfer, most exchange platforms have enough funds to organize a reserve, they charge money for transactions. They also set the maximum transfer amount due to the limited reserve.
You can make transfers within a few days, a quick exchange to prepare in advance.
As always, you can find the most popular types of cryptocurrencies, primarily bitcoin and ethereum, but you can also find other options, but they can be tied to the dollar exchange rate. In fact, there are more than 40 cryptocurrencies today, and many exchange platforms work with all of them. One of the important factors for the exchanger is security. You should remember that the safety of funds is very important when choosing an exchanger. First, you send money to the exchanger’s account, to the address of the electronic cryptocurrency wallet. The exchanger can be checked using a special platform aggregator, you can read reviews on special collections that tell about the best cryptocurrency platforms.