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Fast cryptocurrency exchange

Exchange cryptocurrencies in a few clicks!
Exchange cryptocurrency

FAQ

1. Why is it profitable to make exchange on the EXBASE platform?

We conduct operations that are based on Kraken / Coinbase / Bitfinex exchange rates at cross rates to local currencies. Our platform has direct agreements with payment service providers, bypassing intermediaries. Thus, we got the opportunity to conduct fiat operations with minimal commissions. This allows us to offer a more profitable course to our users

2. How exchange rate calculates?

The rate is determined by the purchase calculator and is calculated as the international exchange rate + payment system commission + blockchain network commission + EXBASE fee for the operation.

3. At what moment transaction rate fixes?

Exchange rate fixes at the moment when EXBASE system receives the assets on it's wallet / account.

If you send cryptocurrency it happens after few network confirmations.

If you buying crypto for fiat, exchange rate fixes after confirming card withdrawal (entering 3DS code).

4. Are additional commissions charged during purchase?

All commissions are inquired in the exchange rate calculated by our purchase calculator. In rare cases, additional payment may be charged by the bank that issued the payment card, for example, if you use a credit card or a card with a currency that does not coincide with the payment currency (then so-called currency conversion happens).

5. Do I need to pass registration for exchange operations?

Yes, you neeed to register an Exbase account. However, registered users do not need to enter their data each time to make a purchase, and after registration, you will be able to use more website features for buying, selling, exchanging, storing, receiving and sending cryptocurrencies.

6. Do I need to go through KYC when I use the quick exchange service?

Most exchange operations doesn't require KYC.

During exchange with fiat currencies, in order to counteract fraudulent transactions, we may request to verify the card.

7. How long does exchange operation takes?

Buying a cryptocurrency takes an average of 5 to 7 minutes, which you need to fill out the forms for buying and paying for cryptocurrency. As soon as we receive payment for the cryptocurrency, we immediately send the cryptocurrency to the cryptocurrency wallet specified on the purchase form and you can track the process of crediting the cryptocurrency to your wallet using the link provided by us with tx.

The speed of depositing cryptocurrency to your wallet will depend on the transaction speed of the blockchain network of the cryptocurrency you buy and the settings of your crypto wallet (the number of confirmations at which you will be credited).

Sale operation is longer because it requires sending cryptocurrency from your wallet and a time for transaction confirmation in the blockchain. As soon as we will receive few confirmations from blockchain network regarding crediting cryptocurrency to our wallet, we will immediately make payment to your card.

Currency exchange operations are much longer because they require time to send cryptocurrency from your side and for depositing cryptocurrency which was sent by our service to your wallet. To speed up the operations of buying and selling cryptocurrencies, we recommend creating an account in the EXBASE crypto wallet. In your own account operations will take much less.

8. Which fiat and cryptocurrencies are available for exchange?

Full list of available assets for exchange is currently presented for registered users. The list currencies which are available for exchange is constantly updating and expanding.

9. What happens if I send a cryptocurrency in an amount that is less than
or higher from the amount which I specified in the application during the exchange?

Our system works automatically. The exchange will be made exactly for the amount that was sent if it is not less than the minimum possible, nor higher than maximum.

If the specified amount is lower than the minimum or more than the maximum, such issue resolves by contacting EXBASE support.

How to exchange cryptocurrency

With the advent and spread of cryptocurrency, one of the most important problems crypto investors faced was the ability to exchange bitcoin and other digital assets for fiat money. So how to exchange bitcoin to fiat? The EXBASE platform is one of the fastest, most convenient, profitable and intuitive solutions for the majority of investors.

Popular ways to exchange cryptocurrency?

We analyzed the most popular methods of online crypto operations with fiat and highlighted them.

  1. Multifunctional platforms based on electronic and crypto-wallets, such as EXBASE

    One of the most reliable ways to buy, exchange, sell and store cryptocurrencies. For example, crypto-wallets, unlike exchanges, do not store cryptocurrencies centrally and are much less exposed to hacking. Such platforms usually receive licenses and conduct their activities as financial institutions with the full right to work with fiat and provide customers with various financial services including operations with digital assets (cryptocurrencies).

    By choosing EXBASE you will not see any hidden fees. The exchange calculator contains the exchange rate of cryptocurrencies + payment system commissions.

    You can exchange Ethereum (ether, ETH), Bitcoin (BTC), Litecoin (LTC) at the rates calculated using the exchange calculator. The basic exchange rate is the exchange rate of crypto exchanges Kraken, Coinbase, Bitfinex in USD (Dollar) / EUR (Euro) at the cross-rate to fiat regional currencies, including payment system fees and EXBASE.

    Regular customers of the service over time receive additional bonuses and discounts.

  2. Online cryptocurrency exchanger

    It is recommended to exchange Ethereum, Bitcoin, and Litecoin with the help of such online services only if there are facts confirming their excellent business reputation. Better to watch reviews on independent websites. Online exchangers allow you to conduct cryptocurrency exchange operations within 30-60 minutes.

    Fiat money is credited to your crypto-wallet account, SIM card or bank card. You need to understand that good exchangers often charge a high commission for their services.

  3. Cryptocurrency trading platform

    A common way to exchange Litecoin, Ethereum, Bitcoin. Such platforms are usually created for professional traders, full of broad trading functional, and also require certain professional skills to use.

    Many large international platforms don't support fiat currencies at all or severely limit their list without supporting the work of regional currencies. Often, large players restrict registration to users from many countries, and to work with fiat they require complex KYC / AML operations.

  4. Peer to Peer platforms

    On these platforms people conduct operations among themselves using a specialized bulletin board and a PtoP platform as a guarantor. You should use such sites only if you find an exchanger with a reliable reputation on this platform.

What is Bitcoin and how to exchange BTC?

Bitcoin (BTC) is digital money that cannot be held in your hands or put into your wallet. Bitcoin production involves the use of the capacities of hundreds of thousands of computers in a distributed network.

The digital currency has a lot in common to cash. Bitcoins can be sent anywhere in the world, transferred to a card, or can be used as a payment method on the internet.

Unlike regular money, digital coins are not controlled by any state or banking institution. Thus, no one controls your savings either and does not affect money transfers or payments.

Bitcoin transactions can't be undone. And only the owner of digital money is responsible for their safety. The modern online service EXBASE is a new generation cryptocurrency wallet with which you can be sure about the safety of your bitcoins. EXBASE crypto wallet allows users to make other operations: exchange bitcoin online, purchase other types of cryptocurrency, exchange them or transfer to a card.

LTC exchange, what is it and what is it for

Litecoin (LTC) is another type of cryptocurrency that is popular in the market. Litecoin is not as common as Bitcoin, but it has a higher coin turnover. Litecoin mining is based on the Skrypt algorithm, which starts the production of coins much faster than the Bitcoin algorithm. Today, Litecoin is actively used to for making payment transactions on the Internet and as a popular currency for trading on the exchange. You can quickly exchange litecoins for fiat funds using the EXBASE crypto platform.

Bitcoin Cash: Digital Coin Features and Difference from Bitcoin

Bitcoin cache (BCH) is an fork of bitcoin as a result of updating the SegWitx2 protocol. The creating and exchange of Bitcoin Cash is making autonomously from bitcoin, two currencies are not compatible with each other and do not constitute a single chain of blocks. Bitcoin Cash started immediately with a high price, which allowed the first owners of the coin to significantly increase their savings.

Ethereum is a promising cryptocurrency on the digital exchange

With the next attempt of developers to improve the functionality of Bitcoin, another cryptocurrency was born - Ethereum (ETH). Today, Ethereum is known not only as a popular digital currency but also as a platform for creating projects and startups based on blockchain. The Ethereum platform is looking for promising projects that need to be invested. On the Ethereum exchange, it commonly performs the functions of a payment instrument and an investment asset.

(!) Any investment in cryptocurrency, including the purchase of using Exbase cryptocurrency wallet, is associated with high market risks of asset price fluctuations. Exbase provides its customers with easy and multifunctional tools for cryptocurrency operations and makes every effort to properly inform our customers about cryptocurrencies and investments in them, but Exbase does not bear any responsibility for the investment results that may result from the actions of our clients! This page and any information on it does not imply any recommendations on the acquisition of any cryptocurrency or the performance of any other investment decisions based on it.