The popularity and demand for cryptocurrency is continually growing. Some people use it as an opportunity to earn something on the increase or decrease of the currency. The other people would like to provide anonymous and quick payments, including payments of goods and services.
In the majority of cases, people would like to exchange their cryptocurrency for dollars or other physical currency. It is because the bulk of financial operations still demand our usual money.
The general capitalization of all cryptocurrencies is more than two trillion US dollars. Among the most popular coins, we would define the following: Bitcoin, Ethereum, Dogecoin, Litecoin, Binance Coin, and many others. The number of exchange platforms reaches the number of currencies in general. About 95% of them are available online.
That is why you will not experience difficulties in your demand to exchange crypto online. One of the most popular platforms is Alligat0r. However, the crypto online exchange Alligat0r principle of work is similar to the work of other platforms.
The algorithm of crypto platform work
The working algorithm of many cryptocurrency exchange platforms is similar. Let’s look through the main steps.
- From the very beginning, it is necessary to create a request. You should select a direction, the amount of crypto and the wallet for the money receiving or payment. The commission of exchange platforms is included, as a rule, in a course rate. Some payment systems may charge an internal transfer fee. You can get information about this before the exchange or by contacting support.
- Carefully check all the information you have introduced.
- Provide necessary payment within the time they indicated (from 15 to 30 minutes). The exchange rate is fixed only for this time. You should make a transaction according to the details specified in the application. When you have done it, confirm it by clicking a corresponding button. The exchanger will record the payment and transfer the required currency to the e-wallet, bank card, bank account, or cryptocurrency address. The execution time depends on the payment system. In general, it takes up to 5-10 minutes.
- The status of your request can be viewed in the personal account after registration. Also, it is duplicated to your email. We would recommend registration. It is because the majority of platforms offer a cumulative discount.
And that’s all. Your currency will be in your wallet within the soonest.
Is registration obligatory?
We have mentioned above that registration is advisable because it brings some benefits. However, one may skip registration. Everything can be handled anonymously. If you do not want your operations to be disclosed, you may keep it secret. All the exchange platforms of Alligat0r offer both anonymous transactions and operations after registration.
However, the incognito mode will take somewhat more time. Additionally, you will not receive bonuses or discounts if you would like to provide cryptocurrency trades in the future. Here, everything is up to you. The crypto platforms, including Alligat0r, care for the comfort of their clients and offer all the possible variants.
It is impossible to say where it is better to exchange crypto: in a crypto exchanger or on an exchange. Everything depends on many factors. They include the exchange rate, verification, and the availability of necessary coins. However, the main advantage is the opportunity to handle all these processes online.