Switchere is a deposit method that is commonly used to buy hard-to-find altcoins. It was created by Dmitriy Koval, and he still serves as the CEO of the company. This payment method has a short learning curve and is great for people who are just starting out in crypto trading. You can get started with this deposit method by signing up and loading funds with one of the available banking methods. Below is a top list of the best sites offering Switchere for crypto deposits.
Top 1 sites for buying, selling and trading crypto with Switchere
This is the toplist with the best sites to buy, sell or trade cryptocurrencies through Switchere. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button. We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.
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- 1 Top 1 sites for buying, selling and trading crypto with Switchere
Switchere allows users to buy, sell, and exchange cryptocurrencies in a properly regulated environment. You can make the purchase using USD or EUR, and the service supports the use of credit card, debit card, and bank transfer options. While it does not have a mobile application, the service is accessible on Android and iOS devices. You can get started really quick and a majority of all Switchere users are very happy with their service.
+Switchere supports many rare altcoins..
+The site has a lot of educational content.
+Switchere is easy to use.
+It completes the payments instantly.
+The service it regulated.
-It is quite basic and has limited features.
-US users can only deposit using a credit card or debit card.
-Switchere payment fees are quite high.
-You can’t make the payments using a mobile app.
-There aren’t many crypto sites that accept Switchere.
What is Switchere?
Switchere is an international payment method that has a straightforward and easy-to-navigate website. As a regulated deposit option, it follows the guidelines for KYC and AML legislation. It has four different levels of verification, and this depends on the amount you intend to transact on the website. While verifying your account can be a bother, you will appreciate that this system provides some protection to users.
Switchere does not charge any fees for deposits or withdrawals, but its costs are built into the main transaction. Every Bitcoin transaction includes a blockchain fee of 0.0005 BTC. Depending on your mode of payment, you will have to pay a processing fee of between 0.4% and 7.5%. The good thing about this funding method is that it displays all the costs before you confirm the transaction; it does not have any hidden costs.
Transaction speed for Switchere
Switchere offers instant transactions, and that makes it great for people who value quick transfers. You should make sure you complete the required verifications for the amount of money you intend to deposit as this will prevent unnecessary delays.
Switchere Deposits: How does it work?
Go to the crypto exchange website and sign into your account or sign-up for Switchere first.
Navigate to the payment page of your account.
Choose Switchere from the drop-down menu.
Add the deposit amount and confirm your details.
Finish the transaction by using a verification method of your choice.
Which are the main countries where Switchere is used?
This deposit method operates all around the world, but it is mostly used in English-speaking countries like the USA, Australia, and Canada. Because of regulatory issues, the funding method is not supported in the Bahamas, Ghana, Ethiopia, Nigeria, and the US Virgin Islands. You will have to verify your address when you make transactions of more than $5500.
Can you withdraw with Switchere?
Yes, you can withdraw funds from your crypto exchange account to your Switchere account, but this can be a little inconvenient. This is because the funding method isn’t meant to hold funds and was instead specially developed for the exchange of cryptocurrencies. Instead, you should consider making withdrawals to your credit card, debit card, or bank account.
Reputation of Switchere
This company is famous among crypto traders as it supports the use of less common cryptocurrencies. It is also fully regulated, and it still allows people to make small transactions without verifying their details. The payment method was launched in 2019 and is still developing an online community. At the moment, it has 1700 followers on Twitter, so you can join the platform to share your insights on the company.
Here are some of the most frequently asked questions about Switchere.
Is it safe to use Switchere for cryptocurrencies?
This is a regulated deposit option, so it cannot just disappear with your money. That makes it a secure and trustworthy platform. The site also employs all the common security standards, including TLS and SSL encryption.
How do I set up Switchere?
To set up this payment method, you should click the register button and add your email and password. You may also have to submit verification documents, particularly if you intend to make sizeable transactions on the platform.
Is Switchere instant?
Yes, this deposit method offers instant transactions, and this is among the biggest benefits of Switchere.
When was Switchere founded?
This company was established in the fall of 2019.
Where is the mother company based?
The headquarters of this company is in Harjumaa in Estonia.
Does Switchere only work on Apple devices?
This payment method is not just used for Apple mobile payments; it can also be used on Android devices.