An exchange platform is a place where you can convert your currency (including crypto) into another currency. Mostly it is a site, so all operations are online. It makes exchange platforms easy and fast, but also risky especially, if you are a newbie and use the site for the first time.
However, there are the factors by which you can ensure in the safety of the platform and the sites to which you can trust. For example, you can buy Bitcoin with debit card or credit card using the Switchere platform at the page switchere.com/exchange/buy-bitcoin. But before we look at how this site works, let us first focus on the factors that determine the security of any online converter.
- The safe exchanger must be the official platform and has a license for selling and buying currencies. You can check this parameter at the About us or Guarantees page of the website. For example, Switchere has even two certificates
- Multiple exchange options. This parameter shows that the converter is not a one-day platform. Also, if the site cooperates with well-known systems, for example, you can buy Bitcoin Visa or Mastercard, it is a good sign.
- The trustworthy service will not hide anything. For example, it lets you know about the fees before the purchase.
- Adequate conditions. We all want the lowest prices and rates. But in reality, it is not possible, because there are average market offers. So, if you see that some platform offer exchange without any fee and with too lows rates, it is probably the fraud.
- Registration required. Like with prices, we all look for the easiest method to buy BTC with credit card or exchange any other currency. Still, it is way more risky if you are going to do it anonymously. If there are a registration, verification and identification process at the site, that means that all users have confirmed their identity and you can trust them.
Buy Bitcoin Online on Switchere.com: How Does the Platform Work
Switchere is a simple service for quick and instant exchanges. You can convert currency in three steps.
- Register the account. It is a free and easy option. The information the platform needs from you at this step includes only e-mail and password. After 5-10 minutes, you can instantly exchange currency via the site.
- Choose a converter you need. You can exchange BTC to the dollar, euro, other traditional currency or crypto, and vice vera. Find out, how much you will get, through the Switchere calculator. It shows the final amount without hidden fees and prepaid. Once you decide you are ready to buy and sell, enter the amount of money in USD, EUR, BTC, etc. and the number of your wallet. For the first purchase, you will also need to verify your personality and get your ID in the system. Then you can pay.
- Wait for a few seconds. Not matter what time is it and in what time zone you are, EST or another, Switchere will send your money in chosen crypto or the traditional currency right away to your wallet or bank card.
That`s all! If you have any other questions, be free to contact the Switchere managers.