Exchange Blog Cryptocurrency Blog
-
Posts
312 -
Joined
-
Last visited
-
Days Won
4
Everything posted by BestChange
-
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Sometimes, users ask why a review can be deleted from the BestChange.com website Let’s talk about several reasons. The main one is duplicate reviews. They are only in the way of users and moderators. There is a number of other factors that influence deletion: ● profanities and foul language; ● information on drug and alcohol usage; ● calls for war, separatism, and class hatred; ● false information, user speculation, or any advertising; ● reviews written with the aim of manipulation, including to receive financial or other benefits. The BestChange.com support team is always ready to help users promptly solve any questions. If you have a question, get in touch with us by filling in the contact form — https://www.bestchange.com/contacts.html -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What do you need to keep in mind when choosing an exchanger? The first thing worth noting is that BestChange.com is not a guarantor of deals conducted between users and exchangers. We help users conduct an objective analysis and evaluation of the exchange market. In practice, exchangers listed on the website are not under the control of the BestChange project. They are only diligently checked for the safety of work and other requirements. Users make decisions about using exchangers based on: ● actual exchange rates; ● user reviews; ● term of work of exchangers; ● duration of listing of exchangers in the monitor. We would also like to remind you that if users need guarantor services, we recommend contacting one of the famous services for secure deals. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What should you do if you can’t find the currency you need on BestChange.com? If you can’t find any currency or crypto coin, it means there is a small demand for it at the present moment. Rest assured that the website has the most popular currencies. We constantly look after our users and broaden this list, but it can stil lack something. Good news! You can always send us your suggestion about adding some currency. The administration of BestChange will check if it’s possible to add it and give you feedback. You can submit your suggestion here: https://www.bestchange.com/contacts.html -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What should you do if you need to exchange a small amount, but the minimal amount in exchangers is too high? Our monitor does not regulate exchange conditions while just providing the information about the most favorable offers on the market. If you cannot find exchange options suitable for you it eans that no exchanger from the monitor’s listing is ready to provide them at the moment. What is a way out in this situation? You can use the “Double exchange” function, it becomes available after selection of the desired currencies. You can also tell about your problem to our support team: https://www.bestchange.com/contacts.html Possible, another exchange option would suit you: via a transit currency, payment system or another direct6 currency pair. Best of luck! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
BestChange exchange rate overview Our monitor gathers information from over two hundred reliable exchangers which support quite a few payment directions.We always recommend that you study the “Popular” section of the website. It contains the most relevant directions at the moment. The dynamic of the exchange popularity shows how much a certain index has grown or fallen in a day. Options of payment ways and their examples: 💸 Cryptocurrency: Bitcoin, Ethereum, Tether, and many more. 💸 Electronic payment systems: YMoney, QIWI, WebMoney, Payeer. 💸 Cryptocurrency exchange codes: EXMO, Binance, Kuna. 💸 Banks — Sber, Tinkoff, Privat 24, Visa/Mastercard cards of any banks; 💸 Cash transfers:: Western Union, Zolotaya Koron; 💸 Cash. To check it out, visit our website -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What do the marks of exchangers in the list show? We have developed a special system of marks that indicate different features of exchangers. To quickly understand which service is best for you, we recommend you to pay attention to the marks. It will save you time, you will not have to go to the site to find out some critical points, for example, if an exchanger has card verification. We have added a new label - "Exchange via cryptomat". It means that the exchange is done through a crypto-machine, and presence at a physical machine installed in the city is required. You can learn more about exchanger marks on our website: https://www.bestchange.com/wiki/labels.html#atm. What other characteristics do we label with the marks: ● Manual or semi-automatic exchange mode is used. ● Additional commissions are charged. ● Registration, card or document verification is required. ● Transfers are made from a third-party payment system. ● There are delays (hold) in payment. We wish you successful exchanges! What do the marks of exchangers in the list show? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Today we would like to remind you about the "floating exchange rate" When selecting an exchanger on BestChange, you can notice a mark that says: "This exchanger does not fix the rate at the moment of creating an order". Let's look at what this means and how it might affect you. Remember that reliable exchangers always provide detailed information about exchange rate change. The mark appears due to two reasons: ● High volatility. If an exchange rate of the cryptocurrency pair is subject to a high fluctuation, the exchanger can set limits to protect itself from risks. For example, set a limit on the lifetime of your order or maximum permissible rate deviation. ● Long transaction execution time. Some exchangers set time limits for fixing the rate (for example, 10 minutes), and if your order is not paid within this time, the fixation is canceled. Sometimes, the rate is revised only when there are significant changes in the market exchange rate. Happy exchanging! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Can you trust exchangers that have been working for less than six months? On the BestChange website, there are requirements that exchangers must meet before listing in the monitor — https://www.bestchange.com/wiki/add.html But it must be said that there can be an exclusion for some exchangers. For instance, for those for whom an acting reliable partner of BestChange vouches, In a case of emergency, this very partner will respond to the claims if something out of the ordinary happens. That is why it is essential that the partner already has a positive reputation in our rating. Also, we can accept exchangers that come from an owner of a large Internet project, for example, from a crypto exchange, p2p platform or a mining company. That’s why if you see a “young” exchanger in our listing, rest assured that we have thoroughly checked by all criteria. All potential risks from their participation in the ranking are evened out by the fact of vouching for them by partners with an excellent reputation. We care for our users and value the comfort and safety of exchanges. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What is bitcoin faucet on the BestChange website? First of all, we want to brag that we have one of the most convenient faucets on the market! There are no ads, no viruses and no redirects to other sites. And now we'll tell you how to use the faucet and what it gives you. ● At the bottom of the left side of the page, under payment directions, select the item "BTC-faucet". ● Enter the Bitcoin address, you will find it in your cryptocurrency wallet. ● Solve the captcha, to confirm that you are human. ● Click "Get Bonus." Your internal balance will be credited from 1 to 100 satoshis. You can try again in 60 minutes. ● Once you accumulate 1,000 satoshis, you can withdraw them to your wallet. Note that the wallet can not be changed, otherwise you will have to start accumulating the minimum amount again. To increase your earnings, you can distribute a referral link, then you will receive +10% from each payment of the referral. Have you already tried our faucet? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Why can the exchange administrator close a financial claim? According to the BestChange monitoring rules, an exchange customer has the right to raise a financial claim only if the exchange service has failed to fulfill the sending of funds within the stipulated timeframe, as defined in their own rules posted on their website. When the customer receives the full amount from the exchange service, the financial claim can be closed, leaving the very review and the comments. The user also has the right to delete the financial claim after the issue is resolved. If the user wishes to share his/her opinion about the work of exchangers without making financial claims, the "Comment" review type should be used for this purpose. If there are several claims, the platform automatically hides information about a particular exchangers from the general list. This mechanism is intended for extreme cases. However, sometimes users forget to remove their claims after receiving their funds, and therefore exchangers can remove them themselves if the claims have been resolved. Nevertheless, if the problem remains unresolved, users can always easily resume their claims. We wish you the best of luck! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What should you do if your review on an exchanger does not show up on the monitor’s website? In some cases, the review was not activated via email. Such reviews are not displayed on the monitor and are automatically removed from the database in 24 hours. If you could not find the email in the Inbox folder, check the Spam folder. If such an issue arises, always get in touch with our support service – support@bestchange.com We will be sure to help you out! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Ranking rate and exchange rate are important notions when working with cryptocurrency and fiat currency exchanges On the BestChange website, to determine the place in the ranking of exchangers, a special exchange rate is used. This rate was created to ensure an honest and just ranking of exchangers, considering the individual features of each exchanger. How is the ranking rate calculated? Everything starts with determining the minimal exchange amount. Here, the minimal amount of $300 is used or its equivalent in other currencies. Also, the maximal exchange amount offered by an exchanger is taken into account, as well as the reserves the exchange has for this specific exchange direction. First, the average exchange amount is determined. It will be used for further calculation. The base exchange rate is then applied to this average amount, as well as additional fees set by the exchanger. This value is divided by the exchange amount, which is displayed on the monitor by default. Another important point: when exchanging cash, the minimum exchange amount increases from $300 to $10,000. The increase is due to the typical size of exchange amounts when dealing with cash. This approach allows exchangers to charge fixed commissions in case of large amounts, without significantly affecting the final “ranking rate” displayed on the monitor. Anyhow, BestChange users can get exact exchange rates for the amount they are interested in using the Calculator functions. We wish you smooth exchanges, dear friends! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How to quickly learn official rates for exchanging currencies? Easy-peasy! On the bottom of BestChange’s every page you can find a link to the currency converter – https://www.bestchange.com/converter/. If you click on it, you’ll land on the website’s special section where you will be able to convert any currency, and find out its average rate on the market. Rate indices are regularly updated from official sources — large exchanges and banks. And if it is possible to directly exchange the currencies selected for conversion, the website will automatically suggest options for an exchange to you. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What to do if you fail to find the currency you need? BestChange.com adds only the most popular currencies to the list for user convenience. If you fail to find some certain coin, it means that it does not have sufficient demand from users and that there are no exchangers in the monitor that exchange this coin. If you are interested in a specific direction, we recommend tracing it as we often add new currencies. You can also suggest adding new currencies on your own through the contact form — https://www.bestchange.com/contacts.html We will check if it is possible to add it and reply. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Have you ever thought what the order processing speed depends on? The answer is very easy: the main factor is the format of processing orders. It can be manual, automatic, and semi-automatic. · Manual. Every order is checked by the operator, after which the employee transfers the funds to the specified details. Depending on the workload of operators, the processing speed can vary from 20 minutes to a day. · Semi-automatic. Here all checks are done automatically, but the decision remains after the operator. Delays are minimal, and most often happen on the side of banks and blockchains. · Automatic. Auto. Works according to templates, thanks to which exchanges are made instantly and in a few clicks. Most often such exchanges allow exchanging different tokens between each other, and the role of operators is to provide support to users. It is the fastest option. In our listing, there are different exchangers. The information about the work format is specified in the round mark next to the name. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Why are there exchangers younger than six months on the monitor’s website? Although the rules for adding new exchangers to BestChange.com state that the service must be working for at least six months, sometimes you can find “young” services there. They get listed in the monitor if the following conditions are met: ● if an owner of a significant internet project, for example, cryptocurrency exchange,p2p platform, or a large-scale mining company recommends the exchanger; ● If another exchanger that smoothly works in the BestChange monitor for over a year and has a solid partner reputation vouches for this exchanger. We attach great significance to reputation and meticulously select exchangers. If the exchanger has been working for less than six months and has been added to the platform, it means that it has passed a thorough check by experts and is reliable. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What is KYC/AML? Due to the anonymity and irreversibility of transactions, cryptocurrency is considered a convenient tool for committing illegal acts. To combat this, AML provisions against money laundering have been developed, with their help, suspicious activities are tracked. The practice Know Your Customer, or KYC is a particular case of AML. It presupposes collection of personal data from the user and check of their due diligence. This is how the measures against money laundering work on cryptocurrency platforms: ● Identification of suspicious activity (for example, large deposits/withdrawals of funds). ● Suspension of the account and conducting an investigation. ● Transferring the data to the law-enforcing authorities if the violation is confirmed. Do you need to pass KYC in crypto exchangers? As a rule, you don’t. Exchangers are not so often subject to attention of regulators as cryptocurrency exchangers with billions of dollars daily turnover. Really large amounts are seldom exchanged through exchangers. That’s why the requirements are much softer. The user has lots of advantages because of it, including higher anonymity and lack of extra actions that take time. For already 16 years, BestChange has been helping users select the best exchangers in the market. If any service requires identity confirmation, you will see the corresponding mark next to its name. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What should you do when you can’t solve the faucet’s CAPTCHA? The BTC faucet uses up-to-date protection against automatic bots. BestChange.com users face this check on a regular basis. Typical challenges and ways to solve them: ● Some users can make a mistake in understanding the captcha’s task. For example, to solve it, you may need to select all the images with house numbers and press “Confirm” only after that. ● It also may happen that the browser gets out of date; in this case, you have to try another one. Бывает так, что браузер устаревает, в таком случае стоит попробовать ● Browser applications may interfere with the captcha’s work. You can try to temporarily switch them off or using another browser. This should help you. ● Cookie fails can pose difficulty. Try to clean up your cash files. If you haven’t found the solution with a captcha, please send us a screenshot or a video of the problem. After that, the technical team will look deeper into your case and do its best to solve it. Good luck! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Exchange directions on BestChange With the help of the monitor, you can choose from thousands of directions. Thus, we search for exchangers with the support of the following currencies and payment ways: ✅ Over 50 cryptocurrencies, including Bitcoin Lightning Network ✅ Over 20 payment systems ✅ Over 25 banks, including Visa/MasterCard in 23 currencies ✅ Money transfer systems ✅ Exchange codes ✅ Cash Just select the source currency in the left column and the target on in the right column. You can reset the selection by choosing the other currency. Click the tab “Popular” so see what exchanges are currently in demand and to instantly choose any of them. ❓ What should you do if there are no exchangers for the direction you need? Click on the button “Double exchange”. You will see the most profitable options how you can get the required currency with the help of a transit exchange. For example, in the screenshot, a rare direction Uniswap -> WME is selected. You can see that with the help of double exchange the most profitable exchange currently will be through Euro Paypal. You can also exchange through USD Skrill. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How does the BTC faucet work on our website? In fact, this is a small bonus for the website users. Every hour, you can receive from 1 to 100 satosho! The amount of each payout depends on the following conditions: ● The floating rate of BTC, that is why the amount of payouts in fiat is equivalent to the previous payout, considering the price of the Bitcoin currency. ● High load on the BTC faucet. During the past year, the number of active claimers skyrocketed, so many users claim the BTC-faucet budget. ● First, the balance is saved on the inner account of the user on the website, and once this amount reaches 1000 satoshi, you can withdraw it to your wallet. Have you tried our bonus system? Write a “+” in the comments, we would like to know how many of you have. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How to choose the best moment for an exchange? The market volatility (especially that of the crypto market) brings about situations when some days the rate can change by 10–20% or more. At the same time, there are more stable periods. BestChange can help analyze the market and select the best moment for buying/selling. To do that, you need to open the tab “Statistics” after selecting a payment direction. On this screen, you will see changes in the exchange rate, as well as the total reserves for it. Why it is important: ● If you see high volatility, you should better postpone exchanging. ● If the rate is clearly too high, you can wait a few hours to see if it returns to normal. ● If you have a certain trading strategy, then the information about the rate dynamics will help adhere to it. Other parameters in “Statistics” can influence the decision about exchange — reserves and the popularity of direction. There is an opportunity to select different periods of time for analysis — up to a year. Be attentive and consider financial actions to receive the maximal profit. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Does BestChange serve as a guarantor for transactions between users and exchangers? We take selecting exchangers very seriously and attentively monitor their reputation. However, we cannot be a guarantor of deals in the legal sense. Our platform is of an informational nature, and it allows users to evaluate the current exchange market on their own. Our monitor does not promote separate services and does not have special promotional activities for partners. All exchangers from our websites are not legally bound by BestChange and are not controlled by our platform. In fact, exchanging is done based on the following conditions: ● actual exchange rates; ● age of exchangers and duration of their listing in the monitor; ● reviews about exchangers -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How to buy cryptocurrency through an exchanger as profitably as possible? Investing into cryptocurrency is a relevant topic these years, especially last months. One of the most convenient ways to buy it is through an exchanger. Firstly, exchangers usually don’t require KYC verification, and secondly, they give an option to use any cards and e-wallets for purchasing (while on exchanges the choice of payment ways is largely limited). BestChange is the best helper in choosing exchangers to purchase digital assets, and that’s why: ✅ It allows to instantly find services working with a required payment direction, for example, a certain bank. ✅ It searches for all popular cryptocurrencies and their subtypes, including Bitcoin Lightening Network. ✅ It allows to calculate in advance how much you will receive as an outcome, considering payment systems’ commission (the Calculator function). ✅ It allows to find reliable exchangers which have proved their diligence, having been providing services for at least several months. Select a suitable exchanger, paying attention at the rate, reserves, reviews. Then go to its website and create an exchanger order, entering your crypto wallet address. The speed of crediting the assets depends on the blockchain load and required number of the network confirmations. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Can additional commissions appear when exchanging money? When exchanging, you should also take it into account that every participant of the exchanging deals pays on their own the comissios for sending the funds to the second party of the agreement. The exchanger’s client pays for the commission of the payment system using which the means will be sent from his side, while an exchanger will pay for the commissions of the payment system through which the funds will be sent from it. The exchangers include commissions in the exchanger rate or specify them with the help of special marks. Information about all the marks is available here – https://www.bestchange.com/wiki/labels.html If the payment system from which the client makes a transaction has default fixed commissions, the information about it will be laced over the rates in a teal field. For example, the commission of the Perfect Money payment system, which is levied when sending a payment, depends on the status of your account. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How is the rate formed in exchangers? When you use the monitor, you can notice that each exchanger has a slightly different rate than the others, and also that all the rates are corrected every several seconds. That is why in different moment either one or another exchanger’s rate will be more profitable. What does the currency rate depend in exchangers? We can single out several factors. ✅ Rate on an exchange. For fiat, as in the case with cryptocurrency, there are trading platforms where the price is formed based on demand and offer. The exchanger takes the rate on this or that exchange as the basic one, and on different platforms the price is always slightly different. ✅ The exchanger’s commission. Usually it is not shown separately but is simply included in the rate. On average it totals to 2–5%. ✅ Additional commissions for a specific payment direction. Commissions for a specific amount are also possible, in this case, since BestChange doesn’t know what amount you are going to exchange, we request the exchangers to show rate taking into account the highest commission possible. ✅ Payment method. Payment systems and banks do have their charges. Use the Calculator feature on BestChange to calculate the exchange considering all commissions. This brings us back to the fact how important it is to use BestChange on the constant basis: an exchanger that was the most profitable a week ago, is not necessary such now, and you would have extra losses. The relevant information, on the contrary, helps to save up.