How to choose an instant exchange service

Cryptocurrency exchange seems to be a fairly simple procedure until it comes to choosing an exchanger. The biggest problem is the huge risk of fraud. There are thousands of fake sites that might not only not pay you the  money but also steal your personal data. In this case, you can lose much more.That is why it is important to use only tried and tested services. But how does one choose the right option? There are many reliable websites,  however, it is important to choose the one you will end up using according to a set of certain criteria. ChangeNOW’s experts will tell  you how to find a service that will not disappoint.

Choice criteria

When choosing an exchanger, you need to focus on several criteria. Each of them can be the key one, so you need to be as responsible as possible.  So, in order to reduce the risk of fraud, pay attention to the following  aspects.

1. The time of an exchanger’s existence. It is best that it has worked for at least a year. The older, the better.
2. Availability of reviews on the Internet. Most of them should be positive.
3. Efficiency.  The exchange operation should be carried out in automatic or  semi-automatic mode and the enrollment should be performed as soon as  possible so that the rate does not have time to fall.
4. A wide range of cryptocurrencies. The site should offer an extensive selection of digital money for conversion.
5. The availability of financial reserve. It is better to choose sites that have a stock of at least $100,000.
6. Work stability. The exchanger should not be seen in the long “falls” in the disappearance of transactions, of course.
7. Availability of technical support. Specialists should not only respond quickly but also really solve the problem.
8. Legal safety. A safe exchanger should have AML/KYC implemented and follow all  legal rules and requirements concerning that procedure.

Do not trust sites that have just opened and offer super favorable  conditions. Nothing costs more than something that’s free, and “actions in honor of the opening” are often banal fraud. Only a proven exchanger will provide real security.

Where can you find a reliable exchanger?

If you want to conduct your first transaction with cryptocurrency, do not rush to open the first link from Google. Top sites from the web search don’t guarantee protection. Therefore, initially, you should look for more information. The best source will be specialized forums. Look for more information on various communication platforms for crypto enthusiasts. Feel free to ask your questions. Then try to verify the information at least from the data that is in the public domain. Another  good choice will be specialized sites — exchange service aggregators. On these sites, exchangers are collected, which are divided according to different criteria, including the number of transactions, rating and many others. The information on aggregators is verified, and the  administration weeds out the scam sites to avoid the loss of reputation.

One of the best exchangers out there is ChangeNOW.  It has an excellent rating on aggregators and lots of real reviews on  TrustPilot. The site offers a huge selection of digital currencies for exchange. The exchange is carried out instantly. The site has been working for a long time and has an excellent reputation in different countries. ChangeNOW is your opportunity to exchange cryptocurrencies at  a favorable rate and without risks.