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Topic: Forget about exchanger search! Use BestChange! - page 12. (Read 13529 times)

jr. member
Activity: 138
Merit: 1
We highly recommend checking out Bestchange if you're looking for an efficient and reliable aggregator to help you get the best rates for your crypto trades as well, as trust to them.




legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
Absolutely all exchangers timely provide us with the information about the quantity of funds in their reserves, so that the data on our website would be maximally up to date.

liquidity is very important, considering that the exchangers deliver the data themselves, is there room for manipulation? I mean, is there a reliable method of how you can check the validity of the information they have passed on to you?

We witnessed that some of the largest exchanges manipulated the transfer of funds between themselves in order to show liquidity.
How do you react to such things? Do you want to state it publicly with some consequence or does everything end with just a warning?
legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
Why is it important to monitor exchanger reserves?

Available reserves is a total amount of money in certain currency the exchanger has for further operations.

Absolutely all exchangers timely provide us with the information about the quantity of funds in their reserves, so that the data on our website would be maximally up to date.

👉 It is important to pay attention to the required exchanger reserves, because when you withdraw funds

As a rule, exchangers in the BestChange listing do not have any problems with having funds in reserves.

You can find detailed information about every exchanger on our website: https://www.bestchange.com/

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
I am part of BestChange staff

We are happy you are in our brand support group on this forum, but please, do not confuse people, you are not a part of our staff. For our staff, there are strict ethical principles and rules for public communication with which you have not been acquainted, that is why BestChange cannot be liable for your messages. Please be careful in your wording when you call yourself a part of the team, this is not exactly so. Thank you for understanding.
Sorry about that. My intention wasn't to confuse anyone, in fact it was the opposite, but then I missed out the critical word when I was typing.

I actually wanted to say "I am Not part of BestChange staff but let me try to answer" but the mistake instead made it look even worse like I was some sort of impersonator  Embarrassed




No problem, typos happen  Grin
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
I am part of BestChange staff

We are happy you are in our brand support group on this forum, but please, do not confuse people, you are not a part of our staff. For our staff, there are strict ethical principles and rules for public communication with which you have not been acquainted, that is why BestChange cannot be liable for your messages. Please be careful in your wording when you call yourself a part of the team, this is not exactly so. Thank you for understanding.
Sorry about that. My intention wasn't to confuse anyone, in fact it was the opposite, but then I missed out the critical word when I was typing.

I actually wanted to say "I am Not part of BestChange staff but let me try to answer" but the mistake instead made it look even worse like I was some sort of impersonator  Embarrassed

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
Today we would like to tell all crypto enthusiasts about a prospective business: launching your own crypto exchanger

SPOILER: How much money do you need to open a cryptocurrency exchanger?

26K dollars is the minimum capital for a confident start from scratch

The total costs are made up of:

● Expenses for setting up the site itself: ready-made script $7990 to buy or $275 per month and hosting from $200 per month.

● Creating the necessary stock of cryptocurrencies and fiat for exchange. From hundreds to tens of millions of dollars. But the total reserve for listing in BestChange must be at least $10,000.

● Advertising expenses. From several hundreds of dollars a month for successful work.

Can you spend less? You can start with almost any amount, but you will need at least 10.5K dollars in order to at least "squeak" into the ranks of serious players and start expanding your business with an increase in the number of customers. With smaller amounts, it will take a long time to grow to the required level, but it is also possible.
Website

The first thing you need is the website itself. This includes buying or developing a script, ensuring security, anonymity, automating the exchange process, developing a pleasant design, fine-tuning protection against fraud, spam, hacking and DDoS attacks.

There are two main ways to create an exchange site. The first way is to write the exchanger code from scratch. For these purposes, you will need a qualified programmer who understands how the cryptocurrency market functions. Such a development will cost from several tens of thousands of dollars and will take several months. Although at the end you will have an absolutely original design of the exchanger and a system built for your own needs. But do not forget that you will have to constantly maintain and improve your software from the technical side, so you will have to pay for the work of the developer throughout the existence of such a project.

The second way is to buy a ready-made template of an exchange office. It will cost from $8000. The second way is simpler and shorter, and the functionality of the exchange office will be supported by the script developer, which will save on site support in the long run.

From the experience of our partners, we can recommend the engine from the developer "PremiumExchanger". The software from this developer uses more than 2/3 of the total number of exchangers listed on our BestChange monitor.

► Hosting and domain

We recommend choosing a dedicated server rather than virtual VPS/VDS hosting, and the data center should also have protection against all known DDoS attacks at the network and transport levels of information exchange. Your hosting provider must have activity tracking enabled in the root folder of the site with a notification about downloading or changing files.

Data centers with a questionable reputation should be avoided.

The domain should also be chosen in an area where unilateral division is impossible, and the registrar himself should have a good reputation and be located outside politically biased jurisdictions. In other words, we recommend buying a domain and hosting outside the CIS and only from large, trusted companies.

► Wallets

The next part is setting up wallets for payment systems, bank cards, accounts, registering accounts on exchanges, developing a scheme for storing reserves and general mathematics of the project.

Recommendations: you should not use custodial services (centralized exchanges and payment systems) when working with cryptocurrencies, and if this cannot be avoided, then you should carefully study the sanctions policy of the service used. If you are using an exchange that often freezes transfers for political reasons, you should avoid working with citizens of a country that is at high risk of audits.

Legal part

► Registration

The legal entity does not have to match your location, registration of exchangers in "crypto friendly" countries is a common practice.

The list of such countries is quite wide, for example, Estonia, Malta, Japan, Cyprus, Gibraltar, Mauritius, the United Arab Emirates (namely Dubai), Puerto Rico, the Cayman Islands, Switzerland (namely Zug), Poland, Finland and even Belarus with Slovenia.

Estonia has traditionally been the most popular option for those on a tight budget.

► Trademark

The next item is not mandatory, but it will be a good bonus in possible legal disputes, including with cybersquatters or support in advertising networks. It is worth registering the site name and logo as your own trademark.

► Staff

When hiring staff, special attention should be paid to signing agreements that establish the level of responsibility of employees, including a confidentiality agreement (the so-called NDA). Be sure to instruct the staff that if it is necessary to accept any files from users, these files are uploaded and viewed on devices not related to the workflow of the exchanger, except for bitmap images, this usually happens using the appropriate hosting.

It is worth conducting regular security audits, including an assessment of the financial condition of employees. It may not be superfluous even to conduct tests using a polygraph.

► Marketing part

Contrary to popular belief, marketing is primarily not about traffic, but about the quality of services. The most important link in this aspect of the business is the staff.

The first thing to do is the preparation of instructions for operators, as well as a streamlined process of training and certification of personnel. The instructions should ideally be comprehensive and written for each payment system so that the staff is familiar with all the nuances and can quickly understand the essence of the work of each stage of the transaction, even if everything is automated.

Also important will be the development of "soft skills" of operators, primarily empathy, emotional intelligence (EQ) and good manners. It seems such an obvious banality, but it seems to be neglected by half of all market participants. The staff is the face of your business.

► Reputation

From here, the narrative flows smoothly into securing an excellent reputation. Constant scandals and disputes are "a road to nowhere." An attempt to cash in on mistakes or create cunning schemes will eventually lead to the exclusion of the service from most monitors, that is, traffic will become more expensive for you and there will be less of it.

In general, one of the most important requirements from our monitor for exchangers is an impeccable reputation. We value our own reputation, which we have been developing for more than 15 years, therefore we refuse to work with services that can negatively affect it.

Lack of reputation (a trace on the internet) is also a bad signal for us, most often it indicates a lack of real experience in the activity. Therefore, as part of working with reputation, it is important to have accounts and pages in all popular review sites, monitors and thematic forums. Collecting truthful feedback from real customers should be one of the most important tasks at the initial stage of the work of the exchanger.

► Monitoring competitors

All owners of exchangers monitor the exchange rates in the market and try to set competitive commissions. To do this, many people set up parsing of rates from monitors in order to receive up-to-date rates automatically and be able to keep their rates in certain positions relative to competitors.


But we will warn you in advance that parsing of the pages of our site is prohibited, your script will quickly get banned if it is not previously blocked by DDoS protection. If you need rates from our site, please contact support to request access to a special API designed for this very purpose. In the request, you will need to specify what the rates will be used for, as well as a link to your project.

► Traffic

In order to monetize your by-now finished product, you need effective promotion. There is a fierce struggle for the attention of users in the market and a lot of efforts will have to be made to make your exchanger recognizable and popular.

You will need an experienced marketing team to promote yourself on social networks, telegram channels, YouTube and blogs. To increase indexing in search engines, you will need excellent SEO optimization and organization of interaction with the media, "influencers" and the purchase of advertising space. You cannot neglect the placement of the project on industry forums. You should also consider a referral program. And launching targeted traffic by setting up targeted and contextual advertising is one of the most important tasks until it gets into the BestChange listing.

To increase demand, on the one hand, you need to have the necessary and popular currencies for exchange. But in fact, it is very easy to solve, just open the "Popular exchange directions" tab on our monitoring. On the other hand, expanding the range of exchanged assets is an important competitive advantage. You can make very good money on the exchange of rare destinations that are not represented by competitors. This is access to more profitable commissions, and customers in such areas become permanent.

What's next?

For many, the end point of the process of launching a crypto exchange is getting into the BestChange listing. This does not guarantee success, but on the one hand, it is a sign of involvement in the "elite club" of the largest services with an excellent reputation, and on the other hand, it allows you to get access to our traffic.

We will not describe in detail the conditions for including an exchanger in BestChange, they are described in detail on a special page.

We will only briefly mention a couple of the most important points: we include in the rating only well-known and experienced exchangers that have worked in active mode for at least 6 months; the name, domain and design of the exchanger must be unique, including the same in sound and spelling as other exchangers; and the total currency reserve must be at least $10,000.

But even if all the parameters are met, due to the large number of applications and thorough checks by the integration department, the waiting period for adding can take about a month, in rare cases even more. Therefore, it is important to apply immediately, being completely ready for integration, so that you do not have to finalize some important points for inclusion for many weeks.

If you use our tips, you will definitely succeed in this business!

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
Can you explain if the rest failed to meet the listing conditions or are not interested in listing? Can BestChange be considered a measure of reliability?
There is no doubt about BestChange's professionalism. I would just like to discuss it from the platforms angle point of view.

Of course, there are isolated cases when exchangers, for inexplicable reasons, refuse to join our platform, but the vast majority gladly become part of our community.

Speaking about the reliability of services not in the listing, there is no unified problem. Some are not included due to the fact that they are not yet widely known, although they can be reliable, some are not ethical as partners, but at the same time, service clients without deceiving them. But these are single cases, as a rule, all large services of Central Asia and Eastern Europe have been included in our service or have not yet passed our check yet. In other parts of the world, there can still be exchangers, but our integration department daily works on this question to fix the situation and offer maximally full picture to our clients. If you are aware of some services which are not yet I our list, please send their names to our email [email protected] , we would highly appreciate this information.

I am part of BestChange staff

We are happy you are in our brand support group on this forum, but please, do not confuse people, you are not a part of our staff. For our staff, there are strict ethical principles and rules for public communication with which you have not been acquainted, that is why BestChange cannot be liable for your messages. Please be careful in your wording when you call yourself a part of the team, this is not exactly so. Thank you for understanding.
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Given the large number of platforms in the market, the number of platforms listed on BestChange is relatively limited. Can you explain if the rest failed to meet the listing conditions or are not interested in listing? Can BestChange be considered a measure of reliability?
There is no doubt about BestChange's professionalism. I would just like to discuss it from the platforms angle point of view.
I am not part of BestChange staff but let me try to answer  Smiley

Some definitely failed to meet the criteria, others might have got removed/suspended for various reasons, and of course there are those that don't bother getting listed on the exchanger.

For example, would Binance bother getting listed? I personally doubt.

As for measure of reliability, maybe to some degree, but it's the reason the platform has a feedback system. Such that users can carry out Due diligence for themselves before they use an exchanger.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
On what conditions are the exchangers added to the BestChange listing?

There is a large list of criteria we use to select reliable exchangers for adding to the monitor. It includes the duration of the service’s work, its reserves, timely transmitting of the rates, protected connection, and many more. The requirements are quite strict and allow to effectively weed out low-quality exchangers.

We would like to draw your attention to the facts that:

❌ We never accept fees for adding to the listing. If the service meets all the mentioned conditions, it can count on getting listed. There is no one-time fee for adding to the listing.

❌ We also do not accept deposits as a guarantee of reliability from exchangers.

We never get tired of reminding the owners of exchangers that if someone approached you with an offer to quickly add you to the BestChange listing for money, then these are definitely scammers. You must not give in to persuasion.

The priority in our work is the comfort and safety of users. And this can only be achieved by a high-quality selection of services that will be included in the listing.
It is definitely not an easy task to choose the platforms that can be added, especially since the information about them must be kept updated and not just verified before listing.
Given the large number of platforms in the market, the number of platforms listed on BestChange is relatively limited. Can you explain if the rest failed to meet the listing conditions or are not interested in listing? Can BestChange be considered a measure of reliability?
There is no doubt about BestChange's professionalism. I would just like to discuss it from the platforms angle point of view.
legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
How to write reviews on BestChange correctly?

We thoroughly monitor your reviews and their processing, but what should you do if they are not published? Pay attention to these items:

✅ For a review to be displayed on the website, you must confirm it via email. An unblishished review is stored for a week, and afterwards, it gets deleted. Therefore, remember this nuance. We do it to combat spam.
✅ Insults and offensive words are not allowed in reviews. We also do not publish reviews of an advertising nature.
✅ The review text must not copy that of another one already on the website.
✅ Try always to write respectfully, even if you are leaving a claim. If you have received the funds, simply comment on the service’s work. If you have not received the funds and have left a claim, please lift it after the receipt of the funds, leaving a mark “cancel the claim” in the review’s comment and confirming the receipt of the funds as soon as you get them.

Write the truth calmly and in detail — this will help other users! We always care about the quick feedback on our website.

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
On what conditions are the exchangers added to the BestChange listing?

There is a large list of criteria we use to select reliable exchangers for adding to the monitor. It includes the duration of the service’s work, its reserves, timely transmitting of the rates, protected connection, and many more. The requirements are quite strict and allow to effectively weed out low-quality exchangers.

We would like to draw your attention to the facts that:

❌ We never accept fees for adding to the listing. If the service meets all the mentioned conditions, it can count on getting listed. There is no one-time fee for adding to the listing.

❌ We also do not accept deposits as a guarantee of reliability from exchangers.

We never get tired of reminding the owners of exchangers that if someone approached you with an offer to quickly add you to the BestChange listing for money, then these are definitely scammers. You must not give in to persuasion.

The priority in our work is the comfort and safety of users. And this can only be achieved by a high-quality selection of services that will be included in the listing.

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
How to profitably exchange currency?

Several tools on our website help you choose the most lucrative exchange rate.

💸Having chosen the exchange direction, you can go to the “Calculator” tab and instantly calculate how much you will get when exchanging a certain amount, including or excluding commission.
💸If there are no exchangers for the required exchange direction, use the function “Double exchange”. You can also calculate the payment systems commission and evaluate its profitability.
💸The “Statistics” tab will help make a decision. Here you can view the exchange rate change graph, the popularity of the exchange direction graph and its reserves graph.
💸 On the tab “Notifications”, you can set notifications to be sent to email or Telegram when an offer for conversion on conditions convenient for you appears.

👌 Rate information for all services is updated every 3-5 seconds, that is why it is most accurate. You will only need to conduct your own analysis to get the best results.

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
In March, we added new payment directions for tracking to our monitoring.
● Foreign currency exchange: Nigerian naira
You still decided to add the Nigerian naira to monitoring, although you yourself say that the last time you had the NGN Bank/BTC exchange rate was on 28 January 2023.
isn't the problem that the Nigerian bank has suspended all international transactions.

Partially because of this, we have specifically added cash, perhaps we should have been more specific in the announcement. Thank you for your remark. The very currency was in the monitor long ago, and now we have added an opportunity for exchangers to inform the monitor about exchange offices in cities where cash Naira is exchanged. Although there are still none in the monitor, we are actively searching for such exchangers.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
In March, we added new payment directions for tracking to our monitoring.

● Foreign currency exchange: Nigerian naira

You still decided to add the Nigerian naira to monitoring, although you yourself say that the last time you had the NGN Bank/BTC exchange rate was on 28 January 2023.
isn't the problem that the Nigerian bank has suspended all international transactions.
https://dailytrust.com/explainer-how-suspension-of-intl-transactions-on-naira-cards-will-affect-nigerians/
legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
What criteria do you use to list new payment directions? Is it on request by exchangers or users? or you just hand pick them based on volumes?

I dare to suggest that this is primarily due to demand from users. I think that BestChange, like any kind of business, monitors the state of the market and is interested in meeting the demand of as many users as possible. This is reasonable and logical. There is no point in opening new directions if there are few people willing to use this direction of exchange.

Exactly. We regularly check two factors: user demand and offer from exchangers. When we notice a new perspective direction, we add it to the monitor.
At the same time, we try to inform exchangers about the user interest if they are not yet having the trading pair so that we have an opportunity to not add empty directions to the monitor.

Now that Bitcoin transaction fees haven't been as low as they used be a couple of months back, I think there will be a rise in the use of Bitcoin Lightning network over time, Have you thought about adding LN (Bitcoin Lightning network) payment directions as well?

I believe there are a number of exchangers that support LN.

The interest in this mechanism is undulating, but we agree that the very technology can sometimes be prospective. For a long time already, we have had a separate direction Bitcoin Lightning Network for user convenience. If you don’t see this direction, open the full list of available currencies using the big grey button in the form of an arrow at the end of the list, the direction you are looking for is in the line Bitcoin LN.

Although, as we have mentioned earlier, the interest is rather of cyclic nature, that is why currently for this direction only one exchanger is available, earlier there were much more of them. Perhaps, in the future, this will change, that is why we do not hurry to remove the direction from the list, and even seriously consider launching our own LN-node for the convenience of working with all listed services.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
Dear friends, we regularly update our service, and are always happy to share new things with you!

In March, we added new payment directions for tracking to our monitoring.
● Tether EURt stablecoin on the Bitcoin (Omni) and Ethereum (ERC-20) blockchains, Tether USDT and USD Coin stablecoins on the Polygon blockchain, and TrueUSD stablecoins on the TRON (TRC-20) blockchain.

Quick question;

What criteria do you use to list new payment directions? Is it on request by exchangers or users? or you just hand pick them based on volumes?

~snip
I dare to suggest that this is primarily due to demand from users. I think that BestChange, like any kind of business, monitors the state of the market and is interested in meeting the demand of as many users as possible. This is reasonable and logical. There is no point in opening new directions if there are few people willing to use this direction of exchange.

The world is always changing and the business that can adapt to it survives.

Therefore, I consider such news to be a good indicator that this service is developing and set to continue its activities.
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Dear friends, we regularly update our service, and are always happy to share new things with you!

In March, we added new payment directions for tracking to our monitoring.
● Tether EURt stablecoin on the Bitcoin (Omni) and Ethereum (ERC-20) blockchains, Tether USDT and USD Coin stablecoins on the Polygon blockchain, and TrueUSD stablecoins on the TRON (TRC-20) blockchain.

Quick question;

What criteria do you use to list new payment directions? Is it on request by exchangers or users? or you just hand pick them based on volumes?

Now that Bitcoin transaction fees haven't been as low as they used be a couple of months back, I think there will be a rise in the use of Bitcoin Lightning network over time, Have you thought about adding LN (Bitcoin Lightning network) payment directions as well?

I believe there are a number of exchangers that support LN.
legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
Dear friends, we regularly update our service, and are always happy to share new things with you!

In March, we added new payment directions for tracking to our monitoring.

● Foreign currency exchange: Nigerian naira, Bulgarian lev, Azerbaijani manat, Moldovan leu and Swiss franc.
● Payment systems Elcart of Kyrgyzstan and BPay of the Republic of Moldova.
● Transfers from Visa and Mastercard denominated in Nigerian Naira.
● Canadian and Australian dollars in the PayPal payment system.
● Tether EURt stablecoin on the Bitcoin (Omni) and Ethereum (ERC-20) blockchains, Tether USDT and USD Coin stablecoins on the Polygon blockchain, and TrueUSD stablecoins on the TRON (TRC-20) blockchain.
 
We make BestChange.com even more convenient and better for you!

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
How can you learn more about working with BestChange?

Using the monitor is intuitive — we have tried to make this process as easy as possible so it wouldn’t be difficult even for a first-time visitor. However, there are nuances which are not obvious at first sight, but that can be very helpful in work. Here are several ways to increase the efficiency of choosing an exchanger through BestChange:

✅ Subscription to the project’s social networks. We publish useful, interesting, and helpful information on a regular basis.

✅ The section “FAQ” on the website. If you come across difficulties, please study this section, it will help to quickly solve the problem.

✅ The section “Getting started”. It includes detailed manuals for most of the tasks.

✅Educational video ( https://www.youtube.com/watch?v=Jck4GeBB3-c ) where the process of choosing an exchanger is clearly shown.

If you still have questions, please contact our support which will always help. You can get in touch with us via email [email protected] or in the section “Contacts”.

legendary
Activity: 1307
Merit: 2181
Buy/Sell crypto at BestChange
On exchanger anonymity

The majority of exchangers on BestChange, as well as our website, work confidentially, taking care of the safety of your assets.

✅ We do not have registration on our website. Visiting BestChange, you will see the rates you need and find a suitable option from the list. 
✅ No verification. BestChange doesn’t store assets or provide an option for making a transaction. Regular KYC/AML check requirements do not apply to us, but exchangers included in the listing must go through these procedures for security reasons.
✅ We mark exchangers that require verification on their website. If a client needs to leave some personal data, you will see special marks on BestChange next to the site of the exchanger.
✅ We do not keep your personal data and do not transfer it to anyone: emails which you specify when you contact the support or analysis of user behavior when solving CAPTCHA.

Exchange instantly and safely on BestChange

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