Since 2014, Monero has been used in the cryptocurrency market. Unlike other currencies, this one ensures the highest possible anonymity of transaction turnover. Due to this, this unit became incredibly popular, but gained a dubious reputation with Europol and other security services. Since 2017, it has been included in the top 10 popular digital coins.
Like most cryptocurrencies, Monero cryptocurrency cannot be directly transferred to a bank account.
Basic principles of operation of exchangers
The possibilities of cryptocurrencies are enormous, but transformation into real money is a rather complex process. To buy Monero (XMR) by Visa and MasterCard card is possible using sites that act as virtual intermediaries – bestchange.com/visa-mastercard-usd-to-monero.html, each of which provides an individual set of conditions for the operation.
Each intermediary performs a specific conversion based on the exchange rate of virtual currencies with the obligatory payment of a commission for the services provided. Due to the huge number of intermediaries competing with each other, it is possible to choose personal favorable rates for converting virtual currencies to a Credit Card USD or other current account.
It is important to understand that there are many scammers who are detected only after a currency exchange transaction has been carried out.
How to use exchangers, features of choosing transaction conditions
There are a number of key rules, following which you can carry out a safe conversion and minimize financial losses:
- We determine the appropriate course from the list of intermediaries (it is important to carefully read all the offers without choosing the first one you come across);
- the reserve column displays the amount of available currency for Visa/MasterCard or other payment systems (not every offer may have a sufficient amount);
- We carefully study the reviews in the appropriate section, it is necessary to become familiar with the essence of the problems presented (their absence should be alarming);
- We check the withdrawal mode – automatic or manual. In the second case, the transaction may take longer, which is worth taking into account;
- a separate icon in the form of an information sign can display nuances and information on the functioning of the intermediary, securing the transaction or the subtleties of the operation. Such information can radically influence your choice.
After a successful transaction with one intermediary, you should not stop searching for new options for all subsequent operations and carry out conversion only using one instrument – this is the path to large monetary losses. The terms of the transaction can be revised repeatedly, even within a few hours. Therefore, it is imperative to analyze the available offers every time.
In cases of large transfers, it is recommended to use several exchangers, dividing the converted amounts. This approach will ensure maximum security for the withdrawn amount.
Where to find a list of trusted exchange resources
There are many sites with hundreds of exchangers that offer the other most incredible and attractive conditions. Using dubious little-known money exchange platforms means a high chance of losing funds by transferring them to scammers’ accounts.
The list of the best exchangers with the maximum level of reliability is displayed only on sites that have been on the top list for a long period of time, have many reviews and provide the opportunity for each client to leave a comment on the transaction – bestchange.
This platform provides the opportunity to conduct business only to those intermediaries who have passed specialized control and verification.
It is also worth considering several nuances characteristic of any cooperation:
- minimum and maximum conversion amount;
- commission amount for turnover of the planned amount;
- timing of the operation.
If there are no suitable options, it is recommended to convert your current currency to another virtual one. Next, we select more favorable conditions.
