Topic: Forget about exchanger search! Use BestChange! - page 19. (Read 11983 times)

💸There are no doubts that the monitor is an effective way to watch profitable rates of exchange. But sometimes somebody prefers to use the same exchanger only because they think that the monitor is a hassle and a waste of time. Today we will prove that using BestChange.com takes no more than a minute.

How to work with the monitor:

1️⃣ Visit BestChange.com
2️⃣ In the column on the left choose the currency you give
3️⃣ To the right, select the currency you get
4️⃣ You will see all the offers for this exchange direction. Select the best one
5️⃣ Visit the exchanger’s website clicking on its name. Exchange the money
6️⃣ If you have time and wish to do so, return to BestChange.com and leave a review - this will help other users

As a result, you have done just a few clicks, but have received the best exchange rate possible, consequently, you have saved up. Exchange rates in exchanger constantly change, we update this information every five seconds, so rest assured of its relevance. BestChange.com doesn’t require registration or verification. The process of rates comparison is fully automatic and includes commissions. You can sort exchanger by needed parameters, in particular, by location for exchanges with cash.

On-line technical support will help with any questions.

✅In BestChange.com listing there are around 250 exchangers, each of them is checked using dozens of parameters. But there are also hundreds of exchangers that cannot prove their security. Why shouldn’t you use their services? Let’s view the main risks.

❗Firstly, they can simply not pay you. This is the most straightforward type of fraud, which is, unfortunately, very common. When the website’s reputation will be completely spoiled, the threat actors will simply create a new domain and continue their work.

❗Secondly, there can be hidden commission. You see one amount when creating an order, but in the end receive an absolutely different one. You won’t be able to prove anything, as regulation of crypto exchangers is still very weak. An if information about commission is written somewhere in a small font, you won’t be able to fight for your money at all.

❗Thirdly, technical mistakes. If an exchanger is new, and even if its creator wasn’t going to trick anyone, you still can lose money due to technical imperfections. By the way, all exchangers listed on BestChange.com, have been working for at least six months, which means that such situations are highly improbable.

❗Fourthly, there is such a common type of fraud as phishing. A domain with the name similar to the name of a popular exchanger is created. The design is also made similar. To avoid such risk, you need to go to the exchanger directly from BestChange.com and not through side links.
 
Do not risk, use the monitor BestChange.com, because it’s absolutely free and very convenient.

Thank you for your suggestion. Although it is a specific case, we will think how to highlight such exchangers.

It would be a neat feature if instant exchangers can handle several output addresses: one for a specific amount, and another address for whatever is left depending on the exact exchange rate.

In the majority of cases the exchange rate can change due to high volatility and long awaiting for transaction getting from mempool to the block. Before the exchanger receives the funds to its account (and sometimes this is 2-3 confirmations, i.e. from 15-20 minutes and more for BTC), the exchange rate of the cryptocurrency can change, and, consequently, the exchanger can receive less funds from the automatic conversion for crediting than it expected.

The situation you describe, about attracting clients by fake rates, did happen before, although in rare cases. We are aware of this issue and recently we have improved the monitor’s mechanisms. Now we mark the exchangers with a special icon if there was a sharp surge of the rate. So, we now managed to completely eradicate even such rare instances.

The changes in market price of the assets can affect the rates tremendously. I have attempted to make instant exchanges in the past and just 5 minutes or less is more than enough for an asset value to drop by over 5% given the volatile nature of crypto markets.

Now, that can be so irritating if you need a specific amount of coins and the exchange does not offer a fixed rate option.

what can affect the rate to significantly change the value during the exchange process? I guess it didn't just move the price, it doesn’t happen often changes in a few minutes as long as the transactions can last?
whether they have one rate to bring customers and another one in reality when an exchange is made?

How the BestChange.com monitor adheres to the principles of transparency

💲Economy and convenience are two key benefits that the use of BestChange.com brings. To save up maximally, we adhere to the principle of transparency.

Having chosen an exchange direction, you will see a list of exchangers that support it, sorted by rate. The rates are updated every 5 seconds, so they are always relevant. At the same time, you can notice that when updating the page, exchangers change their places, some become more profitable, and others vice versa.

The rate in an exchanger depends on several factors:

💰The relevant market rate for the trading pair. It is taken by exchangers from crypto exchange platforms, such as Binance or Poloniex.
💰The commission of an exchanger. As a rule, it is not specified directly but is included in the rate. That is why it is most profitable to select exchangers via the monitor.
💰The amount of exchange. Some exchangers levy additional commissions for an exchange of specific amounts, for example, up to 100 USD. In this case, the largest rate possible is indicated in the monitor. The service must issue a warning about such nuances at the time of creating an order, this is one of our requirements for exchangers.

When choosing, please pay attention to the icons next to the name of an exchanger (see the picture) — there can be important information. For example, whether the rate is fixed at the moment of an order creation — this is very important because during the order processing the value of the currency can significantly drop and you will receive not what you expected.

We try to provide all the information that can be important for you. Please choose attentively, and then the losses on currency exchanging will be minimal.

How BestChange.com helps you with rare exchange directions

❗Situation: you need to exchange money for a rare direction (for example, AdvCash TRY for Solana, like in the picture), and your favorite exchanger does not offer such an option. What to do? There are hundreds of exchangers in the world, and it is impossible to visit each of them and check whether they have the exchange direction you need.

To avoid such a problem, BestChange works for you.

The wide range of currencies and payment systems allows choosing exchangers for any occasion. Choose the currency you give, and you want to get, and even if there is a single exchanger where you can perform such an operation, you will find it.

Currently, there are over 200 reliable exchangers in the monitor — we watch over their compliance with the rules and take all necessary measures for the safety of users.

You can also visit the section “Popular” and, in one click, select the needed direction in order not to search for it in the list. For example, today, these are the top directions by the searches:

Tether TRC20 → PM
PayPal USD → Perfect Money USD
Visa/MasterCard USD → PM

There are thousands of possible directions. As a result, you receive an opportunity not only to find exchangers supporting the required currencies but also to select the most profitable among them. We wish you a smooth exchange!

How BestChange.com saves your time

Before the monitors' launch, the process of selecting truly profitable offers among exchangers took a long time. You had to open every website, select the required exchange direction, enter the amount, check how much it will result in.

And what if on top of that, exchange rates change every minute?

BestChange.com monitor became a solution for people who value their time and do not want to miss the best exchange rates. The website accumulates all the market offers in one place, and their comparison is automatized.

1. Select the source currency on the panel on the left.
2. Select the target currency on the panel on the right.
3. Study the list of exchangers that support this direction.
4. Now just select the most profitable exchange rate and go to the exchanger’s website.

Everything is so easy and only takes a few seconds. We just help save time — the primary human resource — so you could spend it in a better way. We recommend making a habit out of using BestChange; we are confident that you will appreciate the comfort that we create for you.

Thank you for your question, examplens!

Stars are an additional indicator of exchangers’ reliability which us calculated by our inner algorithm and it does not directly depend on the number of reviews. This indicator is calculated based on a large number of various technical and fundamental factors which we usually use in inner business-processes for a more detailed evaluation of the service’s reliability and reputation. On these factors depends the conduct of moderators in questionable situations.

However, we saw this information as very valuable, so we show it in a trimmed-off way in the form of such additional rating. But we do not specifically highlight such exchangers in the list to remain neutral. Unfortunately, due to the specifics of the situation, we do not reveal the details of this algorithm to avoid any possible manipulations with the rating.

If the website doesn’t have stars, it doesn’t mean you cannot trust it. We trust absolutely all services from the listing on our website, but the services with the stars seem to us a little bit more reliable in difficult situations due to the size of business, duration of work, reputation, and many other factors.

Moreover, you won’t find information about 1 or 2 stars, because this can be understood in a wrong way – as a low quality and not a level of additional trust. The rating below 3 stars was hidden.

The system of rating is not perfect, but we are trying to embrace as many parameters as possible, that is why it is hard to reply why this or that service does not have stars yet. For yourself personally you can read 3 to 5 stars as a very small bonus when choosing a service, given other parameters of exchangers are equal.

As for green icons next to the stars (and not instead of them), when you hover the mouse over them an explanation will appear. So far there are two such icons – if an exchanger has gone through an additional voluntary check of the administration of the exchanger and if there is a legal registration of the service as a separate business in any of the countries where this is possible.

We all know how fake reviews can be. it is already a common practice for services to pay for positive feedbacks, also some dissatisfied users will just write "this is a scam" and leave the lowest rating. although the feedback is incomplete, in the end, it affects the final average. (I saw this many times on "MyWOT rating" which you list on the page of each exchanger)

When do we talk about indicators, where this (from on-hover popup) star-rated rating comes from? I also see that not all exchangers have this type of rating?
For example 7money:



or Changer4u

Indicators to choose exchangers and the role of BestChange.com in this

Do you agree that you can only trust your money to such services that have earned this trust? Let’s talk about indicators to choose exchangers and the role of the monitor in this.

BestChange.com does due compliance checks of all exchangers before adding them to the website, and later on, continues watching over their reliability and reputation. That’s why the risk for the users is minimal. To keep good relationships with the large monitor, exchangers try to timely solve the problems the users write about in complaints.

Some pieces of advice when choosing exchangers through BestChange.com:

If you see negative reviews, please check whether the exchanger has responded to them and whether the problem was solved.

Please pay attention to the duration of the exchanger’s work. As a rule, we do not add exchangers that have been working less than half a year, but the longer the exchanger has been successfully working, the better.

Please pay attention to the available reserves — a large amount of funds for all exchange directions guarantees that the money will be enough for everyone.

Sign of the quality of the exchanger is an additional check and official registration. Please study this information together with users’ reviews, the working condition of the website and the current status on the monitor.

If you are selecting an exchanger on your own, without our help, we recommend studying at least three factors. Firstly, check the service in blacklists and read the reviews about it on independent platforms. Secondly, check the data of domain registration on Who.is. If the domain is only a few days old, give such an exchanger a wide berth, however attractive rates it would offer. Thirdly, the domain must not be located on free hosting.

Please be careful and happy exchanging!

Thank you for your reply!

As our FAQ says:

https://www.bestchange.com/faq.html

Shall any suscipcious activity happen in one of the listed exchangers, it is our job to immediately suspend its listing.

Nevertheless, in the situation with Bihub we did our best to resolve the conflict and make sure that the users received their funds.

If this is so, then case should already be closed, unless there are still victims out there who have yet to reach out. In any case, I guess it would be unfair to say that BestChange is not "trying to resolve anything" and that it is refusing to cooperate.

Having said this, I don't think the accusation still stands until now unless, of course, if somebody steps forward claiming otherwise.


I don't really have all the details pertaining to this particular case but isn't it that BestChange is just a site providing a list of exchanges and their corresponding exchange rates? As such, is BestChange, therefore, responsible for a particular exchange getting hacked? Is BestChange even culpable for the loss of the exchange's users when as soon as the information was relayed that the exchange was compromised, BestChange immediately suspended its listing?

Here we have provided detailed explanation of the situation with Bithub exchanger.

Currently, all the victims who have contacted us and provided proof that they indeed did send funds to Bithub, have been returned their funds.

All victims of the Bithub hack are requested to contact us via email at [email protected].

I guess there is something more by his side than Bithub's problem. and he himself said that his negative tag was probably wrong and that he should make a correction. As one of the earliest forum members, he should be more careful about doing such things.

Adding the Best Change logo to the site is one of the prerequisite Bestchange team requires before the exchanger is listed on the exchange monitor. So some exchangers might not have ill intentions having the bestchange logo on them, while others may. It's case by case i guess  


Source: https://www.bestchange.com/wiki/add.html

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I still wonder why @Balthazar keeps the negative feedback on, even after BestChange came out and gave an update on how the issue is being resolved. I think it's unfair and kills the spirit of transparency and honesty by the service providers 

This website has not been added to our listing, but we are currently reviewing it and soon will add it to the monitor.

Why I can't find this exchanger on your monitoring list https://hi.exchange/?step=1 (their ANN on Bitcointalk)
as far as I can see they are holding your banner presenting you as a partner, although it is only linked to their home page.
Also, all reviews on Trustpilot look fake.
Can you confirm that you are a real partner with them?