If you used the Ethereum cryptocurrency as an investment instrument, but now decided to use earnings and are interested in receiving a functional means of payment, exchanging digital coins for dollar with credit to a bank card would be the right decision. Having such assets, you will be able not only to make transfers to other persons, but also to pay for any purchases or services. It remains to figure out how to convert ETH to fiat. There are several exchange methods. But the optimal one is one. To understand why, let’s look at the topic in more detail.
How to sell Ethereum for Credit Card
The best solution is to select a suitable exchanger on the website of the monitoring portal and convert currency through it. On the https://www.bestchange.com/ethereum-to-visa-mastercard-usd.html you see how many options to sell Ethereum (ETH) to Visa and MasterCard card. Each service offering its services here has been repeatedly checked for honesty of work. Such cooperation does not involve the risk of encountering fraudsters.
Among the advantages of choosing exchangers as executors for conducting transactions, you will note:
- round-the-clock operation of most services;
- current, regularly updated conversion rates;
- reasonable transfer fees;
- fast exchange;
- the ability to conclude small and large transactions;
- availability of the ability to fix the exchange rate upon application, etc.
If we talk about other methods of selling ETH crypto for Credit Card USD, they have a number of significant disadvantages. For example, converting and withdrawing currencies through cryptocurrency exchanges turns out to be quite expensive and lengthy procedures. With high commissions, they often take up to 3-5 days – this is how long money can be transferred to a dollar bank card. If you want to make a quick and profitable transaction, this method is not justified.
P2P platforms will also not be the best solution for users who want to make a quick exchange. Here it is carried out between private individuals, which is why, when submitting an application, you have to wait for a counter-offer. It is not known how long to wait.
Telegram bots and private money changers are the latest options being considered by users who want to sell Ethereum cryptocurrency for credit card. Such methods of currency conversion are considered the most risky, because here there is the highest probability of encountering fraud. And even if you somehow manage to find a reliable service provider, the fees will be very high.
It is so easy to understand why users most often convert currencies through exchangers.
Sequence of currency exchange through exchangers
First, you need to choose the best offer for concluding a transaction by comparing all available listing of favorable exchangers based on the conversion rate, commissions, and other parameters. Pay special attention to the possibility of fixing the exchange rate based on the application and the conditions of such a procedure. Fixing the rate will reduce the risk of changing the amount that you will receive as a result on a debit or credit card by exchanging cryptocurrency for fiat.
Next, on the website of the exchanger you like, you need to carefully read the rules, fill out an application, and carefully check the correctness of the information entered. The application must be paid within the deadline established by the rules so that it is not cancelled. A predetermined number of digital coins should be transferred. If the actual amount transferred differs, the transaction may not be completed.
After paying for the application, you will soon receive the equivalent in dollar on your bank card. This usually happens within an hour. But exchange services leave a margin of time, noting that the maximum period for fulfilling their obligations can be 24-72 hours. It all depends on the policy of the particular artist.
If the bank card is not replenished with fiat currency within the appointed time, contact representatives of the exchange service to clarify the reasons. But such situations happen very rarely. Usually exchangers fulfill their obligations on time. Check crypto address for high risk tags at https://www.bestchange.com/report/.
