Many exchange offices carry out the exchange Stellar (XLM) to Tether TRC20 (USDT). To ensure that you do not end up on unscrupulous resources, the Bestchange team thoroughly checks exchangers before adding them to our site. By monitoring the Bestchange website, you increase the security of your transactions. Top 3 additional factors for choosing an exchanger: place in the ranking, size of the foreign exchange reserve, and reviews of its users.
After adding an exchanger to top list, experts check their work to update the information. Leave your reviews about the services where you made the exchange if possible. Other users of the rating will see them and will be able to select the appropriate service more easily.
Exchanger administrators usually respond immediately to negative reviews and help resolve client problems. However, they can exclude a service from monitoring if there is no response. Thus, monitoring is not only an assistant in choosing a reliable exchanger but also a means of notifying about the quality of work of exchange offices.
The principle of operation of the exchanger
To exchange Stellar to Tether as quickly as possible, choose exchangers with automatic mode. There are also semi-automatic and manual exchanges. If the modes are not listed on the service’s website, contact its specialist for clarification. Sometimes, the cryptocurrency exchange takes a little longer – this is not something to be afraid of. The point is in the peculiarities of the blockchain and electronic payment systems with which the exchanger works.
For those who have already used exchangers, it will be easier to understand the features of the services. But sometimes important details are not visible at first glance, and you must contact a support specialist. It’s easy for a beginner to get confused when he first comes to the exchanger’s website. And in this case, it is important to find a service where specialists are ready to help. If you have been using exchangers for a long time and often, you can probably handle it without help.
When contacting support, do not rush to ask difficult questions. First, check how competent the operators are—start with easy questions. They should answer quickly and in an accessible form. An important aspect of crypto exchangers’ work is the anonymity of payment transactions. Most services exchange cryptocurrency without prior registration of users, so both the sender and the recipient of the coins remain incognito.
However, not everyone needs anonymity: for some, the reliability of online payments comes first. The most secure crypto payments are available in exchangers with account verification (this is sometimes required when working with bank cards).
The difference between an exchanger and a crypto exchange
Exchange offices are a simpler service. Registering and paying a commission for the exchange is unnecessary since all additional costs are already included in the quotes. If you want to trade in the cryptocurrency market, you need an exchange, as it has much wider functionality. These platforms are created specifically for traders.
On the other hand, exchangers are created exclusively for STR cryptocurrency/ Tether USDT stablecoin in TRC-20 network exchange, and this makes them suitable for a wider range of users, including beginners, due to the simplicity of their functionality. The difference between exchanges and crypto exchangers is also in the interface; on the exchanger’s page, you will see two small windows for selecting an exchange pair, and on the exchange, you can already see dozens of tabs for various trading options, raising borrowed funds, mining, staking and much more.
An exchange service is suitable for buying or selling cryptocurrency once. On the exchange, you often have to pay a commission for deposits and withdrawals, and not all companies allow you to pay in fiat money. The crypto exchange acts as a broker that manages your funds, and for this, you transfer your money to a separate wallet (which the exchanger does not have). Exchangers do not have the function of storing client money. Therefore, the exchange is quick and easy. Unlike crypto exchanges, Exchangers allow you to choose a bank or payment system and fiat currency, including cash.
