Today there are several methods to purchase and trade Bitcoin and Tether cryptocurrencies. These financial transactions can be brought out through cryptocurrency exchanges, terminals, and special cryptocurrency exchangers. The latter method is gaining more and more popularity due to its accessibility, security, and simplicity. What are the benefits of such services, how to use them, and should they be preferred?
What are Exchangers?
These are services where you may quickly sell, buy and trade cryptocurrency for fiat money or other coins online. For this, exchangers charge certain commissions (on average 5-10%) and do not require any personal data to be entered. The transfer of funds, as a rule, occurs instantly; at the end the user receives a message on the phone or e-mail.
Exchangers have a considerable choice of cryptocurrencies, like BitCoin cryptocurrency or Tether TRC-20 cryptocurrency, that can be purchased and traded; with a simple interface and easy navigation, so they can be operated by experienced users and beginners.
How to Buy and Sell Cryptocurrency Through Exchange Services?
The algorithm of work of all exchangers is similar. Unlike cryptocurrency exchanges, where you ought to register, open an account, make a deposit, perform various operations and only then withdraw funds, these services provide the most simplified transaction scheme. To exchange Bitcoin (BTC) to Tether TRC20 (USDT) using https://www.bestchange.com/bitcoin-to-tether-trc20.html, you must:
- Form an application, choose the desired direction, indicate the wallet number and the amount you operate;
- Carefully check the specified data, see what commission you have to pay and what amount will be credited to your account;
- Create a request (after that, it will be indicated during what time you must deposit a certain amount, as a rule, it is 15-30 minutes);
- Send funds to the specified details. Funds will be credited to the specified account, wallet, or card within 5-10 minutes.
Reasons Why You Should Use Exchangers
Buying and selling cryptocurrencies through exchangers has several advantages. The principal distinction between these services and others is the quickest and most comfortable method to perform the necessary operations. Among other advantages, it is worth noting:
- A high level of security. By choosing a reliable exchanger with a good reputation, you can be sure that all transactions will be brought out transparently, fast, and without concealed expenses;
- Fast registration. Unlike crypto exchanges, where you need to go through the verification procedure, send screenshots of documents, enter a bunch of data and wait a few days for confirmation, to use the services of an exchanger, you usually need to have only a mobile application, email and wallet/bank account;
- Instant processing of applications. The transfer of funds takes only a few minutes;
- Most services set minimum limits with the average market price. You may use the aggregator of exchange websites https://www.bestchange.com to get more information.
Summary
With their help, you can effortlessly and quickly buy or sell cryptocurrencies operating various payment systems. However, when using such services, there is a high probability that you will have to pay a fairly high commission and exchange at a less favorable rate than on cryptocurrency exchanges. Therefore, it is considered that exchangers are an ideal option for those who desire to buy or sell cryptocurrency quickly and do this on a non-permanent basis. Use medium.com/@bestchange to find answers to your questions.