Nowadays, the relevance and demand for cryptocurrency is no longer news to anyone. In particular, the USDT stablecoin has gained significant popularity. It is an innovative and stable cryptocurrency that is always equivalent to one US dollar. In Ukraine, the banking sector is open to new financial solutions related to cryptocurrency, in particular the Monobank company, which has become the undisputed leader among mobile banks. The number of their clients has reached almost 8 million, the total amount of money spent by clients is simply incredible: $4 trillion, and in 1 minute users make more than 7.5 thousand purchases.
However, the question still remains of how to choose a reliable exchanger that will not let you down at the last moment. This is where exchange aggregators such as Bestchange, ExhangeSumo and the Ukrainian service Scanbit come to the rescue. Each of these platforms provides information about exchange rates, fees and user reviews of different exchangers, helping you make the right decisions. Today we will take a closer look at the algorithm for choosing an exchange service using the example of the two platforms mentioned above, namely ExchangeSumo and Scanbit.
Instructions for choosing a service on Scanbit
There is nothing complicated or incomprehensible about this procedure. In 5 steps we will tell you how to choose a reliable and high-quality service.
Step 1. Go to the page for purchasing USDT for Monobank. The desired direction of exchange is already indicated there (Internet banking Monobank – USDT).
Step 2. Sort by “Sending” to get the best deals.
Pay attention to the direction of the arrow next to the column – to display the best options, it should be directed upwards. An arrow pointing down will show you the least profitable options for exchangers.
Step 3 (optional). Exclude from the list exchangers that continue to cooperate with Russia. A “pig” is drawn near such exchangers.
Step 4. From the resulting list, sort and select exchangers with the highest trust rating.
The Scanbit service personally checks information about each crypto exchanger and evaluates it according to 5 criteria: reputation (user reviews), functionality (number of currencies, exchange speed), security (publicly available offer, privacy policy), publicity (availability of profiles on social networks) and convenience (commission transparency, interface).
We recommend taking into account exchangers with a rating of 45 and above.
Step 5. When you settle on one or more exchangers, carefully study their page before exchanging.
What we recommend you pay attention to:
- detailed information about the commission.
- reviews (both good and bad).
- website (you must be sure that you are satisfied with everything in the service, you understand the interface and can contact support if you have any questions).
Instructions for choosing a service on Exchangesumo
Just like with ScanBit, the process will not take you too much time. We present to your attention a step-by-step guide on how to choose the service that suits you best.
Step 1. Go to the page for purchasing USDT for Monobank. For your convenience, we have already indicated the desired direction of exchange (Internet banking Monobank – USDT).
Step 2. Sort by the “Give” column to see information about the most profitable exchangers.
The direction of the arrow “up” will indicate the best options for exchanging cryptocurrency. The direction of the arrow “down”, accordingly, will indicate to you the least profitable options for exchange.
Step 3. Analyze the exchange conditions on such points as the rate (the “give and receive” buttons), limits (the maximum and minimum amounts that you can withdraw; displayed when you hover), reserve, options and other details that are important to you.
The Exchangesumo service has created a very convenient system: by default, the most profitable platform for the client is presented at the beginning of the list.
Also on the site you can find information regarding manual or semi-automatic mode of operation, additional commission, non-fixed exchange rate and other nuances with withdrawal. In addition, near each platform you will find special unique icons. When you hover over them, you will immediately find out additional information about the site, starting from the operating mode and ending with pleasant bonuses, such as cashback.
Please note: this is not indicated in any way on the website, but the Alt-Coin and Ferma services are registered in Russia.
Step 4. Study both good and bad reviews of exchangers.
Step 5. Once you have decided on one or more services, carefully study their websites. This can be done simply by clicking on the name of the exchanger on the Exchangesumo website.
What we recommend you pay attention to:
- detailed information about the commission.
- FAQ. You need to make sure that you have no questions regarding the service before you start using it.
- website (you must be sure that you are satisfied with everything in the service, you understand the interface and can contact support if you have any difficulties).
Expert in legal marketing. Head of marketing agency MAVR.
Business degree “Master of Business Administration” (MBA).