Summary
Finding an exchanger to handle your crypto-to-fiat trades can be hard, even though hundreds of trading platforms offer this service worldwide. In this article, we review BestChange, a platform that helps you find the best exchange for your onramp and offramp crypto trading in a few clicks. Onramp and offramp crypto trading platforms handle crypto-to-fiat trades, enabling investors to swap their native currency for crypto and sell their crypto for fiat. They are the go-to platform for millions of investors, especially ones who wish to escape the rigorous process of creating an account on a centralized exchange.
Here’s how BestChange simplifies crypto-fiat trading for investors;
What is BestChange?
BestChange is a constituted aggregator for hundreds of crypto-fiat exchangers. It enables investors to quickly sort and select active exchangers to handle their onramp and offramp trades. Founded in 2017, BestChange has grown into an industrial name, being used by millions of investors to search exchangers. On the BestChange platform, investors can find handy resources that make their trading easier and always protect them from scams and other foul plays in onramp and offramp trading.
BestChange shines in the following areas
- Simplifying onramp and offramp crypto trading: BestChange presents a catalog of functional exchangers and allows users to quickly set their trading direction and choose a provider for their trade. This saves the hassles of finding an exchanger and significantly simplifies crypto-fiat trading.
- Best rates for trading: BestChange also helps investors select the exchanger with the best rate for their trades.
- Protecting traders from fraudulent exchanges: BestChange also has integrated reporting features that allow users to review exchanges and report bad actors.
- Transactional security for P2P: BestChange also offers security for P2P transactions through its wallet vetting feature.
Primary features of the BestChange platform
Here, let’s review the primary features of the BestChange platform in detail.
On-ramp and Off-ramp crypto exchanger aggregator
The aggregator feature is one of the primary features of the BestChange platform. BestChange collates data on hundreds of crypto-fiat exchangers worldwide. As an aggregator, it sorts exchangers according to their supported pairs and prevailing exchange rate. Users can then select their trading path and choose an exchanger with a favourable rate to complete their trade.
According to BestChange, it monitors the platforms and updates trading data every 5 seconds. This interval is sufficient to keep users informed about the prevailing rates.
How to trade crypto using BestChange
Use the green panel on the left side of the BestChange platform to sort exchangers for your trade
- Select the asset you wish to swap from the Give column
- Select the asset you wish to receive from the Get Colum BestChange sorts the exchangers that support the selected pair.
- Check the exchanger with the best rate and other favourable details, click it to proceed.
- Follow the process on the exchanger platform to complete your trade.
Exchanger Monitor
The exchanger monitor is part of BestChange’s aggregator infrastructure. The monitor scours exchangers for user-centric data and presents it to traders. It shows which exchangers are currently active and their rates for selected assets.
The exchanger monitor is part of BestChange’s aggregator infrastructure. The monitor scours exchangers for user-centric data and presents it to traders. It shows which exchangers are currently active and their rates for selected assets.
The Exchangers section holds a complete list of crypto-fiat trading service providers acknowledged by BestChange.
For each Exchanger, BestChange presents data such as the Exchangers’;
- Status: Says whether the exchanger is active or not
- Reserves: Amount held in the exchangers’ reserve. It may be a measure of activity and trustworthiness.
- Rates: Number of pairs supported by the exchanger for which rates are displayed.
- Reviews: Number of reviews provided by past users of the platform.
Users can sort listed exchanges according to standards like WMBL (WebMoney Business Level), VTS (Volet Transaction Score), and PMTS (Perfect Money Trust Score).
AML wallet address analysis
In addition to its exchanger aggregator services, BestChange features a wallet vetting service for P2P transactions. The AML wallet address analysis tool inspects wallet addresses belonging to individuals and organizations to detect suspicious transactions. This helps users to verify the legitimacy of any wallet they wish to send their assets to.
Analyzing Wallet Addresses with BestChange
To use this feature,
- Navigate to the Check Address section
- Fill in the required information, including
- The address you wish to analyze
- The asset whose related transaction needs to be analyzed
- The company you wish to handle the analytics (might attract fees for paid analytics companies)
- Your email
- Check the terms and conditions box
- Once done, click Check Address to proceed.
Secondary Features
Some noteworthy miscellaneous services on the BestChange Platform include;
BestChange referral program
BestChange runs a referral program that rewards users for referring other users to the platform. Affiliates earn up to $1.5 for each user they refer to the BestChange platform. BestChange also provides affiliates with the required media resources to boost their efforts.
To become a BestChange affiliate, visit the Referrals section on the platform. Follow the directives and sign up for an affiliate account. Once approved, you can start inviting users to the platform through your affiliate link.
Educational resources
On the BestChange platform, you can also find educational resources that cover usage guides. Navigate to the intro section to learn the core of the platform as a user.
Conclusion
BestChange simplifies your search for platforms where you can trade crypto and fiat. Whether you wish to buy crypto with fiat or sell crypto for fiat, you can key into the BestChange platform to find the best spot for trading. With a comprehensive detailing of activity and prevailing rate for each exchanger, BestChange reduces the workload of finding a viable platform for onramp and offramp trading. In this article, we reviewed the platform and the services it offers. Keep in mind that BestChange only serves as a directory for crypto trading platforms and does not guarantee legitimacy. Always perform additional research before using any of the listed platforms.
Disclaimer: This article reviews the BestChange platform. It is only meant to educate readers and not provide financial advice. This article does not endorse the BestChange platform or the featured exchangers. Note that crypto investments carry significant risks.
Best Change Overall Rating
Supported Cryptos and Exchanges
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Frequently Asked Questions (FAQs)
Yes, BestChange is safe to use. However, note that it is only a directory, and users are required to research more on the legitimacy of the listed platforms before trading.
Being listed on BestChange doesn’t guarantee a platform’s legitimacy. Always perform additional research before using a suggested platform.
To trade crypto and fiat on BestChange, select the assets you wish to trade and select an available exchanger to complete your trade
Yes, some exchangers may require KYC verification before you can trade crypto on their platform.
The minimum amount you can trade is set by the exchanger. This may differ across available options. Contact the exchangers’ customer assistant team to know the set minimums.
BestChange has a built-in rating and review system where users report problems (delays, scams, AML blocks, etc.). You can report a bad experience with any exchanger using this feature. Exchangers with too many negative reviews get hidden or removed
Source: https://coingape.com/product-review-bestchange-com/
