Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Signs of a safe exchanger
The first and most important sign that you can use an exchanger is it being listed in the monitor BestChange, isn’t it? We recommend using our service for every exchange for your own safety.
What else do you need to pay attention to when transferring your money to an exchanger:
- Secure connection (HTTPS stands at the address bar’s beginning). This provides safety to the information entered by the user.
- Confirmed accounts if payment systems such as WebMoney. Usually, these are specified at the bottom of the website.
- Properly filed documents: user agreement, confidentiality policy.
- Support chat, working, with human operators.
- Reviews on independent platforms.
This is the minimum that every user needs to check when they come across a new service. However, BestChange specialists conduct a much more thorough check when adding a new service to the listing. Moreover, we consider only those websites that have been working for not less than six months. Therefore, the probability of falling into the clutches of scammers is reduced to almost zero.
How to receive stablecoins in an exchanger
Cryptocurrency has lots of advantages: it’s decentralized, independent, anonymous. The main reason it hasn’t conquered the world yet is its volatility. Having one bitcoin, you don’t know how much it will be worth in one month — 30 or 50 thousand dollars.
An excellent alternative for those who want to get the advantages of crypto but isn’t ready to risk is stablecoins. Dollar stablecoins are most widely spread. The point is that such a coin always costs 1 dollar, whatever happens in the troublesome crypto market.
With the help of BestChange you can easily find exchangers where you can buy or sell:
- Tether (USDT)
- USD Coin (USDC)
- Pax Dollar (USDP), earlier known as Paxos Standard (PAX)
- Binance USD (BUSD)
- True USD (TUSD)
- Dai (DAI)
Prepare a cryptocurrency wallet that supports the required coins in advance. And the rest is as easy as pie — specify the direction of payment, select the ideal exchanger with the help of the monitor, create and pay for the order.
We have been helping people exchange with profit and avoid financial fraud for already 14 years. Using the monitor is absolutely free and very useful, you can find it out yourself.
How to maximize profit when working with exchangers
BestChange provides accurate and organized information about several hundred exchangers. By default, exchangers in the direction you have chosen are sorted based on how profitable their exchange rate is. In general, quite a few different factors affect the benefit of the exchange, for example:
- Commissions set on a specific service. Usually, they are included in the rate and not indicated separately.
- An exchange from which the exchanger takes its base rates. On different platforms, the indicators can differ at the same moment (which makes it possible to earn on arbitration).
- Payment direction. Sometimes for rare directions, the rate can be not the most profitable. Try using the “double exchange”.
- Discounts. Lots of services provide a discount system to loyal customers. Even by simply registering, you can get a minimal discount.
- Promotions and bonuses. We do not gather this information about exchangers, however, visiting their websites, you can learn about it yourself. Sometimes they offer promotions on holidays or contests with money prizes.
You can rest assured that the rates are up to date — all rates are updated every few seconds, so you will definitely not miss the most profitable options.
What does exchange speed depend on?
We all want transactions to be completed in a matter of seconds, but as a rule, this is technically impossible. We have to wait. At this moment, we start worrying about our money, even if the exchanger is a trusted one. We start checking if we have entered the details correctly, then writing to the tech support. It is understandable, however, most often, it is impossible to speed up the process.
Here are just a few factors that influence the speed of exchange:
- The working mechanism — manual or automatic. Most of the exchangers are now automatized, but there are exclusions. In manual mode, operations are processed on a queue basis.
- In the case of cryptocurrency — the load of the blockchain. It can take up to 20–40 minutes to confirm a bitcoin transaction, and during the periods of a sharp price change, it can take even longer (because there are more transactions in the network).
- Delays in payment systems, banks. This in no way depends on the exchanger. Banks, for example, regulate the possible transfer time of up to 3 days. In practice, of course, it happens faster.
Of course, there can be mistakes and delays on the part of the very exchanger, this option cannot be excluded. In this situation, the first thing to do is contact technical support. You can also leave a complaint on the exchanger page in our monitor BestChange. The exchanger representatives must settle the conflict, writing a reply to the user on BestChange, to preserve reputation.
Please pay attention that in the selection table on BestChange, there are main characteristics of exchangers specified — such as manual mode or transfer through third-party payment systems. If speed is important to you, we recommend choosing automatic services.
What are crypto exchange codes and how to use them in exchangers
Some crypto exchanges have created a convenient tool for transferring assets among users. And by any means, including outside the exchange. These are special codes, which have a certain amount of cryptocurrency “packed” in them and which another user can activate to receive this cryptocurrency to their account. What is remarkable, without losses on commissions.
In our monitor BestChange there are lots of exchangers allowing buying and selling exchange codes of EXMO, Cryptex and other platforms. A few words about how to use them:
- Codes are created, depending on an exchange, either in one click in the respective section or in assets withdrawal, like on EXMO.
- They are activated similarly, either in a special section or during topping up the balance.
- The coders are a long set of letters and numerals. Exchanges usually make it possible to link the code to a specific user who can activate it, but this is not used in exchangers.
- After activation, the cryptocurrency instantaneously is credited to the balance of the exchange.
This is a great option to buy cryptocurrency in the ways the exchange does not support because in exchangers the choice of available directions is times higher. And BestChange will always help choose a safe service for a profitable deal.
Discounts at exchangers
Out of more than 250 exchangers listed in our monitor, lots offer a user a system of discounts. It is usually cumulative in nature — that is, by constantly exchanging in the same place, you can save a little. The initial discount level is usually provided immediately after registration, and subsequent levels depend on the volume of transactions.
The discount system has its advantages and disadvantages. The advantages are:
+ A possibility to save, constantly exchanging with the help of one service.
+ A clear and transparent concept — the more you exchange, the bigger the discount.
But there are also disadvantages:
- You need to always use the same service, even if it doesn’t offer the most lucrative conditions at the moment.
- Registration is obligatory.
The BestChange monitor, when showing the rates in exchangers, always indicates the maximal costs without possible discounts — this excluded the situation of you spending more than you expect. In the future, if you like some service, you can start using it and save up the discount.
Dear subscribers, we have good news!
As we continue our global expansion, this time we have added new currencies for exchanging –Azerbaijani manat, Georgian lari, Uzbek sum, Tajik somoni and cash direction of the Polish zloty. Offers for exchanging S- Azerbaijani manat, Georgian lari, Uzbek sum, Tajik somoni and cash direction of the Polish zloty. Offers for exchanging USDC were also expanded, and we have added support for the USD Coin token in BSC blockchain.
As always, you can find the most lucrative rate for exchanging all these as well as dozens of other directions on our website BestChange.com.
BestChange exchanger monitor is always at your service. We wish you smooth and profitable exchanges!
Dear subscribers, we have excellent news!
We have added new currencies for exchanging —the Canadian dollar, Japanese yen, Australian dollar, and Hong Kong dollar.
As usual, you can find the most favorable exchange rate to exchange these and dozens of other directions on BestChange.com
The BestChange monitor is always at your service. We wish you reliable and profitable exchanges!
Calculator function on BestChange — how to use it to find the best deals
The monitor offers a convenient option of a calculator — you can use it if you want to get familiar with the rates and other conditions of the exchanger. Firstly, select a payment direction (the currency you give and receive). Then select the tab “Calculator” over the table.
Further steps are very easy and straightforward:
- Select the option “Receive” or “Get”. It depends on what currency you need to learn the result.
- Enter the amount of exchange you have in mind.
- From the drop-down list, select the suitable option — whether or not to consider the commissions of the payment systems. We recommend considering the commission, this way you will receive a more accurate calculation.
After clicking the Calculate button, in the table, you will see specific amounts you will need to give to conduct a deal. This way you can count on finding the most profitable exchanger than without the calculator, that’s why we recommend using it. We always keep up the relevance and timely updating of rates/reserves of exchangers so that you don’t miss a convenient moment for your deal.
All about BestChange notifications
We decided to elaborate about BestChange notifications — it came to our knowledge that not everyone knows about this convenient option and use it. Meanwhile, you can considerably increase the profitability of your exchanges if you set up notifications about profitable conditions. We give an opportunity to set specific rates and reserves, and when a relevant offer appears, we will receive a notification in Telegram or email.
The main situations when it’s handy:
- For the exchange direction you need, there are currently no available exchangers, and you would like to be notified when they appear.
- You are in no hurry but would like to make an exchange at the most profitable rate.
- Exchanger that suits you by all parameters does not have enough reserves at the moment.
Also, exchanger owners use this option to monitor rates that their competitors have. Notifications come to Telegram from the account @bestchange_bot, or by email from noreply@bestchange.com. We recommend you add these addresses to the contact list so that the messages won’t get blocked by antispam at a critical moment.
On June, 19 our company celebrated a bright event — its 15th anniversary!
We would like to express our gratitude for your support, for recommending our service, for its wide-scale promotion, and for your activity. It’s hard to over-evaluate the input into the service development by anyone who has at least once used it. We would like to congratulate all partners, colleagues and social network subscribers. The success we are proud of would be impossible without your assistance.
Over the years, thanks to your support, we have made a worthy alternative to crypto exchanges and p2p platforms, which we are incredibly happy about. On behalf of the entire BestChange.com team, we wish you good luck, self-confidence, perseverance to reach new heights, great successes, colossal achievements, more ups, fewer falls, so that you are always favored by a fair wind!
The exchanger doesn’t transfer money — when is it time to worry?
Exchanging money, especially large amounts, the user quite rightly worries if they do not receive them within a few minutes. It’s understandable, but we would like to relieve you a little bit — not always a delay means you have faced a scammer.
For starters, please wait a little bit. If you are exchanging cryptocurrency, in particular, bitcoin, then the speed of the payment entirely depends on the blockchain load. In this case, the transfer can take up to an hour, but in the end, you will receive your money. Moreover, pay attention to the working hours of the exchanger. Not all operate around the clock, some have breaks and days off. Accordingly, you will have to wait until the start of the working day.
If quite some time has passed, but you still haven’t received the payment (and you are absolutely sure that you have specified the correct details), then write to the exchanger support. They will definitely help, and you will receive your hard-earned money. The majority of exchangers have a built-in chat which is very convenient, you don’t have to send an email. Please pay attention that operators also reply only during in-office hours.
And lastly: if you have chosen an exchanger through the BestChange monitor, there is no reason to worry — the problem will definitely be solved, we add only high-quality services to the listing. You can write a complaining review, and the exchanger representatives will respond to it. The claim will be lifted only after you receive your money.
How long must the exchanger work to earn trust?
At BestChange, we add exchangers that have been working for not less than six months — this is one of the key requirements. Successful work during six months is an almost unreachable goal for various scams and fraudulent projects. Only truly high-quality services survive.
However, there is a couple of conditions under which we can add a younger exchanger. That’s why you shouldn’t be surprised when you see such exchangers on the site. Here are these conditions:
- If an exchanger has been launched by a famous and large project — for example, crypto exchange, p2p-platform, mining-pool.
- If an exchanger that has been in the monitor for already a year and has a positive reputation, vouches for the new service.
We treat the selection of projects for listing as responsibly as possible because our reputation also depends on that. Our specialists check every exchanger using a lot of parameters before it is included in the list. But even after that, we continue to watch over the quality of its work. To do that, reviews that users leave about this or that service, are of great help. All complaints must be settled, otherwise, sanctions may follow in relation to the exchanger.
What does it mean if an exchanger makes payments through third-party payment systems?
Have you seen icons with arrows in the list of exchangers on BestChange? It means that an exchanger accepts or sends payments through third-party systems. What does it mean for users?
- Firstly, commissions will be higher because payment systems set their own fees. All costs connected with sending/receiving funds by the user must be included in the rate.
- Secondly, the exchange may take longer due to third-party transactions.
- And thirdly, this factor affects the permissible volumes of the operation. Payment systems, as a rule, have strict limits on the size of received and transmitted transactions.
You can always choose exchangers without these peculiarities — BestChange has over 250 exchangers with the most different conditions. Choosing the one you need is easy as pie. Just pay attention to the round icons next to the names in the list of exchangers after you have selected a payment direction, and then there will be no surprises.
Advantages of exchangers for buying and selling currency
You can buy and sell digital currency in several different ways — with the help of trading exchanges, peer-to-peer platforms, wallets, and payment systems. But, without a doubt, exchangers are the most popular method for quick and profitable transactions in any direction.
Why is it so?
- It is maximally easy. Especially if you use the BestChange monitor, which will track all rates and reserves, you will only have to select the best option out of offered ones.
- It is anonymous. Almost nowhere identity verification is required, sometimes there is card verification.
- It is quick. While on an exchange it can take a lot of time to transfer and withdraw funds, exchangers instantly transfer money from their own accounts.
- It allows to save up. There are profitable discount systems, as well as additional opportunities to earn through a referral program.
With the development of cryptocurrency, exchangers are even in higher demand — today, it’s cryptocurrency directions that are the most popular. BestChange statistic shows that most often, users exchange Bitcoin to Visa/MasterCard USD and vice versa.
Types of fraud in online exchangers
Unfortunately, there are a lot of threat actors on the internet who dream of getting hold of others' money. First and foremost, of those inexperienced ones who have not yet learnt how to tell a legit service from a fraudulent one. How can you get scammed in an exchanger? There can be several scenarios.
- The most straightforward one – simply not send you the funds. Such websites receive payments to anonymous wallets and disappear from the radar. Naturally, in some time, there appears a lot of negative reviews about them, and the flow of clients runs dry, and then they simply create a new domain and continue their activity.
- Set too high rates. The market rates of currency, especially cryptocurrency, change every second. It is hard to track them, and this is what fraudulent exchangers use. They take significantly more than the stated commission, hoping for the user's inattentiveness or gullibility.
- Promise the moon. Some threat actors prefer using the people's wish to earn. They promise to earn on currency exchange, using an insignificant difference of rates in different payment systems, but as a result, the user is fooled.
- Catch with the help of phishing. It's enough to make a website that looks like a popular exchanger or an exchanger, the domain with a similar name, and because of inattentiveness, a person can enter there their data from real accounts.
How can you protect yourself? BestChange monitor guards the interests of users. For many years we have been gathering accurate information about legit exchangers, tracking rates for all payment directions. We urge users to use the monitor for each exchange to not miss out on the benefits.
Exchanger monitor — how does it help you in everyday life?
It does not matter if you exchange money every day or got in this situation for the first time, it's important to receive relevant and profitable offers. Rates in exchangers depend on different factors, due to which the difference between different services can reach 5-10% and higher. This is a tangible overpayment. Fortunately, it's easy to avoid it — that's what BestChange works for.
With our help you:
- Will easily find exchangers for a required payment direction, no matter how rare it is.
- Will be able to sort them by an indicator you are interested in, for example, by the best rate.
- In case you won't find the required directions among available ones at the moment, you will be able to make a "Double exchange" through a transit currency.
- Will choose an exchanger out of reliable services that have been checked by many indicators.
One of the main advantages of the monitor is a practically full automatization. You won't have to compare the rates manually — it is not only time-consuming but also ineffective because the prices constantly change, especially in the case of cryptocurrency.
What data exchangers transfer to BestChange
For the users to always get exact and complete information, our monitor requests a specific data pool from exchangers and regularly updates it. The frequency of updating is from 5 to 8 seconds; it gives maximally possible accuracy.
Parameters that we trace:
- Payment directions.
- Exchange rates for each direction (without payment system commissions, we consider them ourselves).
- Minimal and additional commissions. If the commission is a layered one, i.e. it depends on the amount; in this case, the monitor considers the maximal one out of possible.
- Minimal limits for exchanging for each of the directions.
- Reserves of all available currencies and cryptocurrencies.
- City where it’s possible to make an exchange (for directions with cash).
If during certain hours or days an exchanger does not work, the owners of it have an opportunity to switch the exchanger off from BestChange so that you won’t waste your time looking at irrelevant options. Thanks to all the above, the monitor is the best option to choose exchangers that are providing the best conditions at the very moment.
Some facts about currency exchange on the internet
- There are advantages both in using a different exchanger each time and in staying loyal to one. In the first case you, with the help of the monitor, can choose the most profitable rates. And in the second case, you will receive perks from the very exchanger. Most of the services offer a cumulative discount program.
- If you always want to exchange at a profitable rate, set up notifications about rates. BestChange offers such an option and can send notifications to Telegram or email.
- All exchangers set a minimum transaction amount – the one so that the exchange is profitable. That’s because, for instance, exchanges with cryptocurrency presupposes network commission that depends on the blockchain load and exchanging small amounts, in this case, is unprofitable.
- At the same time, there is no limit as to the maximal exchange amount – more precisely, it is equal to the reserves the exchanger has at the moment.
- If you can’t find an exchanger with a rare direction (this is an exceptional case – there are services practically for all more or less known directions on BestChange), you can use the function “double exchange”.
Many services support working with cash – however, it is relevant for large cities. You can walk in directly to the office and make an exchange, or even order delivery to your place.
BestChange.com tracks information for more than 250 exchangers, trying to offer only reliable options to the attention of users. But what if you have found an exchanger on your own? How to find out whether it is legit? There are a lot of fraudsters and fly-by-night websites on the Internet. If you lose money through them, then you will not find the ends later.
There are several signs that will help determine whether you should trust the exchanger:
- High minimal exchange amount. The fly-by-night platforms strive to squeeze as much out of the website as possible until they are exposed, so they will not waste their time on trifles.
- Too attractive rates. A trustworthy exchanger will not work at a loss. The rate in exchanger is a market rate + commission. If you see an offer to exchange funds for a rate better than the market one, it’s very likely a lie.
- Untrustworthy praising reviews both on the very website, as well as on unmoderated platforms.
- On the contrary, a large number of negative reviews, especially with screenshots as proof.
Users very often lose money when they are looking to save up. Do not get trapped in the nets of fraudsters. BestChange.com is working to protect you.
Why are exchangers in demand, and what role does the monitor play?
Operations with electronic money in everyday life go confidently ahead of cash for a long time. And considering that there are many ways of online exchange, it has become so easy to manage money as never before, you can do it even from the comfort of your home. And exchangers play an essential role in this whole infrastructure.
They are used for purchases on the internet, paying for freelancer services, private deals and many other cases. How in any of these situations can the monitor BestChange help?
- It helps to navigate what exchangers exist in general and how they differ.
- It selects reliable services that you can trust
- It provides not only full but also (and most importantly) relevant information about rates and exchange conditions.
- It saves time, helping promptly find services with the support of required directions.
- Tracks statistics for each exchanger, its activity, the popularity of specific exchange pairs.
Without exaggeration, the monitor is one of the most valuable tools for those who often change currencies and want to do it profitably and safely.
What is card verification, and what is it for?
BestChange monitor tries to warn users about whether this or that exchanger requires bank card verification. This requirement is not frequent, but still, pay attention to it if this detail is important for you. It's easy to notice — a round green mark with a schematic card next to the exchanger's name.
Card verification is needed to confirm your card ownership and make life difficult for fraudsters who use other people's means of payment.
What details you will need to provide:
- Card number (or, as a minimum, first and last four digits).
- Card holder's name.
- Picture of the card with the exchanger's website or a paper with its URL on the background.
Is it safe? You can transfer the specified details completely calmly, they will not give potential fraudsters any benefit, even if the photo falls into their hands (for example, the exchanger is hacked). You must cover up the expiration date of the card and the CVC code on the photo, if it is indicated on the same side as the number as, for example, is on YooMoney. The reverse side of the card does not need to be shown at all.
The duration of verification depends on the workload of operators. It usually takes one day.
Is it possible to exchange cash?
Do you live in a city? Perhaps you would find it comfortable to buy or sell cryptocurrency for cash. This option has its advantages, for instance, maximum anonymity — it is harder to trace the transfer of cash than card transactions. Not all exchangers support this option, but still, there are plenty to choose from. Simply select payment direction on BestChange, indicating cash – rubles, euro, dollars – in the currency to give or to get.
How an exchange is being made:
- Select the direction of exchange. Then on top of the list, indicate your city.
- Select an exchanger, considering conditions – rate, reserves, verification requirements and other parameters. Click on it to go to its website.
- Enter the amount of exchange and fill in other required fields.
- Write to the exchanger’s online chat, tell the operator the ID of your order.
- Agree on the date and time of visiting the office.
At the office, you will give the cash and will get cryptocurrency at your wallet (or vice versa). Fixing of the rate in this case usually happens at the moment of the actual exchange and not at the moment of creating an order.
Also, some exchangers offer an additional service — delivery of cash at the place of your convenience.
How to choose a suitable exchanger?
In our monitor, we try to consider all indicators that can pay importance to the users. The rate is not always the most important thing. You also need to take into account minimal limits, reserves, requirements to the users, reputation and many other things.
What you need to pay attention to when choosing an exchanger on BestChange:
- Duration of work and the number of positive reviews. We pay special attention to the reviews on our website, in order to make sure that they were left by real users, and that the representatives of exchangers timely answer to the complaints.
- Total reserves. The higher this indicator is, the higher the chances that the exchanger is a serious one and will work smoothly,
- Rating in payment systems (WebMoney, Perfect Money etc.), as well as the rating of the website on MyWOT.
- Statistics — the most popular payment direction in the exchanger and dynamics of their demand.
- Additional peculiarities, the most important of which you can see in the list in the form of green circles next to the name of the exchanger. These include the way of processing the order (manual/semiautomatic), the form of commission (fixed/floating) and many more.
Choose attentively, and then your exchange will be profitable and comfortable.
What is a floating exchange rate?
Choosing an exchanger on BestChange, you can notice that some of them have a mark “This exchanger does not fix the exchange rate in the order”. Let’s figure out what this means for a user.
This mark can be set in two cases:
- If the trading pair is very volatile. Then the exchanger sets a short lifetime of the order or the maximum permissible deviation percentage in order to insure against sharp jumps in the rate. If the order goes beyond these limits, the rate will be recalculated up or down.
- If the deal can take a long time — for instance, if the order is with cash or when the cryptocurrency’s blockchain is highly busy. Then the exchanger recalculates the amount at the rate that takes place at the time of the completion of the transaction.
Some exchangers set a particular time limit (for example, 10 minutes), during which the rate will be fixed. If the order isn’t paid during this time, then the fixing is cancelled. Also, sometimes the rate is recalculated after a considerable change of the market rate of the currency. Say, for 5%.
A bona fide exchanger must indicate the relevant information when creating an order —the conditions for changing the rate, the number of network confirmations for cryptocurrencies, the conditions for forming the rate (for example, according to the indicators of a particular exchange), the maximum amount of recalculation of the total amount, and so on.