2. How to Use an Exchange Service
Let’s consider where to find and how to choose an exchanger, how to use it
Step 1
Let us make use of the services provided by a website that keeps track of exchange services. By clicking this link, you may choose the best exchange rate and a reputable exchange business.
Step 2
Choose the bank you want to transfer money from (in our case, Privat 24 (or Monobank, Visa Card)) using the green column on the left. Next to the bank is a column where you can select the cryptocurrency you want to buy (in our case, Litecoin).
Exchange services that offer their services will automatically be listed in the columns on the white background; go to the exchange service that offers the best rate; when making a large transfer, pay attention to the reserve amount as well as the minimum exchange amount listed in the “Give” column. Any exchange service that has a minimum exchange amount of 1900 UAH will be appropriate for you.
Step 3
All exchange services continue to operate according to a similar scheme.
- In addition to your email address, they request that you provide your bank card number, the amount, and the cryptocurrency wallet address for the exchange.
- Exchange services occasionally ask you to register on their website, which only takes a minute. If you would rather not register, you can select another exchange service that works for you.
After completing all required fields and selecting “Exchange,” carefully read the instructions, transfer funds from your bank card to the bank card of the exchange service, confirm the transaction, and watch for the exchange to be completed.
Example of filling out the exchange service form:
Step 4
- Select an exchange service.
- Register or log in to our website.
- Go to the “Activation” page, choose the tariff, and start the activation. What does it look like?
- Fill in your details in the exchange service, copy the amount and Litecoin wallet address provided by our website, enter the details into the exchange service, and make the payment as instructed above.
You will receive a successful activation message on our website as soon as the exchange sends funds to our wallet. Our system tracks payments automatically. You have three hours to finish the exchange. If the exchange or you are unable to transfer the funds within this time, please contact our technical support service.
In the next article, we will discuss – How to Pay for Activation with Cryptocurrency