Online exchanges are one of the easiest ways

The online cryptocurrency exchange is the most popular way to buy and sell cryptocurrency. The cryptocurrency exchanger acts as an intermediary, and the working principle resembles the classical currency exchange offices. The basis of profit is the spread – the difference in price between buying and selling. 

Exchange services provide favorable conditions and a simple exchange procedure. The average commission does not exceed 1-2% and depends on the needs, the currency pair selected by the user, and the selected payment method. You can exchange 1INCH to Solana through the online exchanger in just a few clicks:

• go to the website;
• choose your currency pair and enter the amount of transaction;
• leave your contact information;
• enter the wallet address to deposit the cryptocurrency;
• Select payment method and transfer funds;
• confirm the transaction and wait to be credited.

This method has the following advantages:

• high level of security;
• reliability and confidentiality of data;
• relatively low commissions, good exchange rates, and favorable conditions;
• the ability to exchange cryptocurrency without registration and with minimal personal identification;
• transparency and prompt support;
• simple and clear interface;
• high speed of transactions, instant crediting, payment processing in seconds.

The main disadvantages and risks include:

• high probability of using the services of scammers;
• possible errors in the data entry;
• Difficulty in choosing among the enormous number of similar services.

But all this can be avoided. The main thing is to choose a service with an impeccable reputation and a high level of reliability. A service that exactly can be trusted with your money. Use info exchange platforms of Alligat0r. 

Criteria for choosing a cryptocurrency exchanger

Indicators that you should pay attention to when choosing a site for the exchange of cryptocurrencies:

• the period of the presence of the exchanger in the market (minimum duration of operation – 1 year);
• user reviews and their number;
• the ratio of positive and negative reviews;
• the interface and functionality of the service;
• the size of the reserves;
• liquidity;
• speed of response of the support operator and quality of technical support;
• number of available currency pairs;
• the simplicity of the exchange process;
• promptness of completion of transactions;
• availability of additional features (affiliate programs, discount systems and others);
• the ability to sell and buy cryptocurrency at any time;
• available payment instruments and systems;
• terms, commissions, exchange rates.

P2P platforms: what they are and how they work

P2P platforms allow you to trade cryptocurrency directly without the involvement of a central management server. The name of this method speaks for itself: the interaction takes place between people, there is a direct exchange of coins between market participants (person to person). The platform here serves only as a guarantor of the honesty and safety of transactions. In addition, the P2P exchange is also an information platform, which allows buyers and sellers to find each other.

Exchanges as a traditional way of dealing with cryptocurrencies

A cryptocurrency exchange is a trading platform that provides another alternative method of exchanging cryptocurrency. It is a large system for working with digital and fiat assets. These are large online services to sell or buy a cryptocurrency and make money on the exchange rate difference. 

Don’t give in to emotions. Chase quick profits and remember that a rise follows every fall.